NOT LISTED FOR SALE

542 E Park St Ontario, CA 91761

Downtown Ontario Neighborhood

Estimated Value: $543,000 - $777,000

2 Beds
1 Bath
1,558 Sq Ft
$407/Sq Ft Est. Value

Last Sold October 23, 2014

Last sale price $325,000 $209 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,663/month

22 Days on Market

About This Home

As of October 2014

Two homes on a lot in an established neighborhood. Front house just had most flooring replaced, brand new full bathroom, and freshly painted. Used as a two bedroom but has a bonus room that could be a computer room, sewing room, etc. Also has a dining room. Back house is in mostly original condition, but it is in fair condition, just not updated. It offers two bedrooms, a walk in closet, full bath and dining room. Large carport, Brick Bar B Que and patio area with cover. Lots of driveway parking space and street parking. Current owners grew up here. Perfect for a large family with several generations living together or live in one and rent out the other.

Last Agent to Sell the Property

Cynthia Rodriguez

RE/MAX MASTERS REALTY License #00965730 Listed on: 07/16/2014

RE/MAX MASTERS REALTY

Last Buyer's Agent

Ricardo Pineda

WEST COAST REALTY License #01232529

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 6,160 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 2 Carport Spaces

Home Design

  • 1,558 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 1600
  • Assessor Parcel Number 1049232160000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 1049232160000
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 208.60

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00

Utilities

  • Utilities: Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 6160.00
  • Lot Size Acres: 0.1410

Multi Family

  • Lot Size Area: 6160.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 1600
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2014
Closed on
Oct 10, 2014
Sold by
Govea Joseph Napoles
Bought by
Govea Margaret R
Seller's Agent
Cynthia Rodriguez
RE/MAX MASTERS REALTY
Buyer's Agent
Ricardo Pineda
WEST COAST REALTY
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$634,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,281
Avg. Annual Appreciation
6.15%
Original Mortgage
$319,113
Outstanding Balance
$245,990
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$388,291

Purchase Details

Closed on
Aug 14, 2014
Sold by
Silva Lupe R
Bought by
Ramirez Mari and Cordoba Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,113
Outstanding Balance
$245,990
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$388,291

Purchase Details

Closed on
May 14, 2013
Sold by
Silva Lupe R
Bought by
Silva Lupe R and Govea Margaret R

Purchase Details

Closed on
Apr 4, 2012
Sold by
Rodriguez Mary L
Bought by
Rodriguez Mary L and The Mary L Rodriguez 2012 Revo
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Govea Margaret R -- Orange Coast Title Company
Silva Lupe R -- Orange Coast Title Company
Ramirez Mari $325,000 None Available
Cordoba Marlene -- Orange Coast Title Company
Ramirez Mari -- Orange Coast Title Company
Silva Lupe R -- None Available
Rodriguez Mary L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Lupe R $319,113
Closed Govea Margaret R $319,113
Previous Owner Ramirez Mari $319,113
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2014 10/23/14 Sold $325,000 0.0% $209 / Sq Ft
08/07/2014 08/07/14 Pending -- -- --
07/16/2014 07/16/14 For Sale $325,000 -- $209 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,202 $390,602 $120,187 $270,415
2024 $4,202 $382,943 $117,830 $265,113
2023 $4,084 $375,435 $115,520 $259,915
2022 $4,030 $368,074 $113,255 $254,819
2021 $4,005 $360,857 $111,034 $249,823
2020 $3,935 $357,156 $109,895 $247,261
2019 $3,901 $350,153 $107,740 $242,413
2018 $3,847 $343,287 $105,627 $237,660
2017 $3,709 $336,556 $103,556 $233,000
2016 $3,563 $329,956 $101,525 $228,431
2015 $3,539 $325,000 $100,000 $225,000
2014 $178 $14,808 $4,828 $9,980
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Rodriguez

    Seller's Agent in 2014

    Cynthia Rodriguez

    RE/MAX

    (626) 926-3402

    1 in this area

    25 Total Sales

    Cynthia Rodriguez
    Section Image
  • Ricardo Pineda

    Buyer's Agent in 2014

    Ricardo Pineda

    WEST COAST REALTY

    (714) 482-3840

    26 Total Sales

    Ricardo Pineda
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14151601

California Regional Multiple Listing Service (CRMLS)

APN: 1049-232-16

California San Bernardino County Ontario 91761 Downtown Ontario

542 E Park St, Ontario, CA

Not Listed for Sale

MultiFamily

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