NOT LISTED FOR SALE

Estimated Value: $723,000 - $841,000

3 Beds
2 Baths
2,774 Sq Ft
$278/Sq Ft Est. Value

Last Sold March 14, 2022

Last sale price $700,000 $252 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,767/month

260 Days on Market

Highlights

  • City Lights View
  • Central Heating
  • 1-Story Property
  • Laundry Room
  • Dog Park

About This Home

As of March 2022

Back on the market!! Amazing opportunity for INVESTORS OR BUYERS!!!! Triplex home, plus two single rental units. Located near Historic Downtown Ontario. Great for Investors or owners who want an additional income. The front home has 3 bedrooms one bath sqft 1290, this main house has one car garage the front house is vacant. This property is well maintained and has recent upgrades in the front unit and two back single each units sqft 612. Fresh front yard with auto sprinklers. The front home has tile flooring in the living room, a dining room with a Bonus room bedrooms with a fireplace. This home also has already permit to finalize and build a room for laundry. This is a great property for first-time buyers and or the person that wishes to make additional income from their residence.

Buyers and their agents to do their due diligence to verify bed/Bath count and measurements of units with the county. Use Code shows Triplex (3 units, any combination) square footage only reflects front unit to verify with city.

Last Agent to Sell the Property

Janeth Pazmino

Keller Williams SELA License #01716493 Listed on: 06/12/2021

Keller Williams SELA

Last Buyer's Agent

Janeth Pazmino

Keller Williams SELA License #01716493 Listed on: 06/12/2021

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,283

Year Built

  • Built in 1923

Lot Details

  • 6,048 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre
  • On-Hand Building Permits

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Triplex
  • Additions or Alterations

Interior Spaces

  • 2,774 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 25
  • Assessor Parcel Number 1048532180000

Community Details

Overview

  • 2 Buildings
  • 3 Units

Recreation

  • Dog Park

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $30
  • Water Sewer Expense $234
  • New Taxes Expense $12,946
  • Operating Expense $9,966
  • Net Operating Income $47,232

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,283

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Price Per Unit: 233333
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 234.00
  • Property Condition: Additions/Alterations, Building Permit
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 1048532180000
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 252.34

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Dog Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6048.00
  • Lot Size Acres: 0.1388

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Fuel Expense: 30.00
  • Gross Scheduled Income: 50400.00
  • Lot Size Area: 6048.0000 Square Feet
  • Net Operating Income: 47232.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number Wall A C: 2
  • Operating Expense: 3168.00
  • Rent Control: Yes
  • Total Expenses: 9966.00

Tax Info

  • New Taxes Expense: 12946.00
  • Tax Census Tract: 15.01
  • Tax Lot: 25
  • Tax Tract Number: 9999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2021
Closed on
Apr 12, 2022
Sold by
Truong Vincent D and Truong Lisa D
Bought by
Cheung Olivia Samantha and Cheung Edmund Charles
Seller's Agent
Janeth Pazmino
Keller Williams SELA
Buyer's Agent
Janeth Pazmino
Keller Williams SELA
List Price
$700,000
Sold Price
$700,000
Current Estimated Value
$771,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,231
Avg. Annual Appreciation
2.72%
Original Mortgage
$395,000
Outstanding Balance
$372,815
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$398,416

Purchase Details

Listed on
Jul 22, 2017
Closed on
Oct 20, 2017
Sold by
Lopez Rosa
Bought by
Channel Maria
Seller's Agent
ALEX MARTINEZ
WORLD REALTY & MANAGEMENT
Buyer's Agent
Janeth Pazmino
Keller Williams SELA
List Price
$599,000
Sold Price
$599,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%
Original Mortgage
$269,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2005
Sold by
Rodriguez Gilbert G
Bought by
Lopez Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,000
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2004
Sold by
Valles Mario
Bought by
Rodriguez Gilbert G and Rodriguez Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,200
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2003
Sold by
Valles Mario
Bought by
Valles Mario and Valles Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2003
Sold by
Chico Michael R
Bought by
Valles Mario and Valles Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2002
Sold by
Valles Mario
Bought by
Chico Michael R and Valles Mario

Purchase Details

Closed on
Apr 4, 2000
Sold by
Pierce Brenda J
Bought by
Valles Mario and Valles Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,847
Interest Rate
8.08%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cheung Olivia Samantha $700,000 California Title Company
Channel Maria $599,000 Fidelity National Title Co
Lopez Rosa $530,000 North American Title Company
Rodriguez Gilbert G $286,500 Southland Title
Valles Mario -- --
Valles Mario -- Commonwealth Title
Chico Michael R -- --
Valles Mario $141,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheung Olivia Samantha $395,000
Previous Owner Channel Maria $269,000
Previous Owner Lopez Rosa $477,000
Previous Owner Rodriguez Gilbert G $229,200
Previous Owner Valles Mario $212,500
Previous Owner Valles Mario $139,847
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2022 03/14/22 Sold $700,000 0.0% $252 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/25/2022 02/25/22 Off Market $700,000 -- --
02/24/2022 02/24/22 Price Changed $700,000 0.0% $252 / Sq Ft
02/24/2022 02/24/22 For Sale $700,000 +4.5% $252 / Sq Ft
02/22/2022 02/22/22 For Sale $670,000 -4.3% $242 / Sq Ft
12/01/2021 12/01/21 Off Market $700,000 -- --
11/29/2021 11/29/21 Price Changed $670,000 0.0% $242 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $670,000 0.0% $242 / Sq Ft
09/01/2018 09/01/18 Rented $2,000 -9.1% --
08/01/2018 08/01/18 For Rent $2,200 0.0% --
12/01/2017 12/01/17 Sold $599,000 0.0% $300 / Sq Ft View Prior Sale
10/16/2017 10/16/17 Pending -- -- --
07/22/2017 07/22/17 For Sale $599,000 -- $300 / 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 $8,283 $771,406 $259,996 $511,410
2024 $8,283 $756,280 $254,898 $501,382
2023 $7,753 $714,000 $249,900 $464,100
2022 $7,022 $642,249 $225,162 $417,087
2021 $13,069 $629,656 $220,747 $408,909
2020 $12,946 $623,200 $218,484 $404,716
2019 $6,798 $610,980 $214,200 $396,780
2018 $6,704 $599,000 $210,000 $389,000
2017 $6,975 $624,074 $206,062 $418,012
2016 $6,919 $611,838 $202,022 $409,816
2015 $6,875 $602,647 $198,987 $403,660
2014 $6,347 $590,842 $195,089 $395,753
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21118076

California Regional Multiple Listing Service (CRMLS)

APN: 1048-532-18