NOT LISTED FOR SALE

5501 W Phillips St Ontario, CA 91762

Estimated Value: $805,000 - $886,000

3 Beds
2 Baths
1,619 Sq Ft
$524/Sq Ft Est. Value

Last Sold November 10, 2014

Last sale price $410,000 $253 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,886/month

13 Days on Market

Highlights

  • 1.15 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • Private Yard
  • 2 Car Attached Garage

About This Home

As of November 2014

large lot this home does have some upgrades central air and heat ,newer windows and sliding glass door,upgrades electrical....great location bring your horses..LARGE LARGE LOT IN CHINO seller very motivated

Last Agent to Sell the Property

SALVADOR CHAVEZ

CENTURY 21 MASTERS License #01236319 Listed on: 09/12/2014

Last Buyer's Agent

ZEI LAN LEE

KUN TAI REALTY INC. License #01059431

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,351

Year Built

  • Built in 1928

Lot Details

  • 1.15 Acre Lot
  • Rural Setting
  • Private Yard

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,619 Sq Ft Home
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1014081040000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,351

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1014081040000
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1619.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 253.24

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 50000.00
  • Lot Size Acres: 1.1480

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 50000.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 0000
  • Tax Tract Number: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2016
Sold by
Chung Summer and 2004 Summer Chung Revocable Tr
Bought by
Chung Summer
Current Estimated Value
$848,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$256,865
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$591,392

Purchase Details

Listed on
Sep 12, 2014
Closed on
Oct 29, 2014
Sold by
Montero Loretty
Bought by
Chung Summer and 2004 Summer Chung Revocable Tr
Seller's Agent
SALVADOR CHAVEZ
CENTURY 21 MASTERS
Buyer's Agent
ZEI LAN LEE
KUN TAI REALTY INC.
List Price
$409,000
Sold Price
$410,000
Premium/Discount to List
$1,000
0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$328,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2009
Sold by
Montero Estevan
Bought by
Montero Loretty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2009
Sold by
Bank Of New York
Bought by
Montero Loretty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2008
Sold by
Brinksma Mark
Bought by
Bank Of New York and Alternative Loan Trust 2007-9T1 Mortgage

Purchase Details

Closed on
Aug 18, 2008
Sold by
Brinksma Mark
Bought by
Brinksma Mark and Brinksma Yvonne

Purchase Details

Closed on
Dec 16, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Brinksma Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,300
Interest Rate
7.23%

Purchase Details

Closed on
Dec 15, 1997
Sold by
Brinksma Yvonne Arcelia
Bought by
Brinksma Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,300
Interest Rate
7.23%

Purchase Details

Closed on
Jul 23, 1997
Sold by
Ikehira Mika
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 6, 1997
Sold by
Hua Lee K
Bought by
Ikehira Mike
Source: Public Records

Range of Values:

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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
Chung Summer -- Western Resources Title
Chung Summer $410,000 Orange Coast Title Company
Montero Loretty -- North American Title Company
Montero Loretty $300,000 Landsafe Title
Bank Of New York $284,500 Landsafe
Brinksma Mark -- None Available
Brinksma Mark $100,000 First American Title Ins
Brinksma Mark -- First American Title Ins
Federal Home Loan Mortgage Corporation -- First American Title Ins Co
Ikehira Mike -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Summer $320,000
Closed Chung Summer $328,000
Previous Owner Montero Loretty $220,000
Previous Owner Brinksma Mark $99,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2014 11/10/14 Sold $410,000 +2.8% $253 / Sq Ft
09/25/2014 09/25/14 Pending -- -- --
09/15/2014 09/15/14 Price Changed $399,000 -2.4% $246 / Sq Ft
09/12/2014 09/12/14 For Sale $409,000 -- $253 / 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 $5,351 $492,758 $172,465 $320,293
2024 $5,351 $483,096 $169,083 $314,013
2023 $5,203 $473,624 $165,768 $307,856
2022 $5,172 $464,338 $162,518 $301,820
2021 $5,071 $455,233 $159,331 $295,902
2020 $5,006 $450,565 $157,697 $292,868
2019 $4,918 $441,730 $154,605 $287,125
2018 $4,810 $433,069 $151,574 $281,495
2017 $4,724 $424,577 $148,602 $275,975
2016 $4,414 $416,252 $145,688 $270,564
2015 $4,326 $410,000 $143,500 $266,500
2014 $3,331 $315,149 $183,837 $131,312
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    SALVADOR CHAVEZ

    CENTURY 21 MASTERS

    Section Image

  • Z

    Buyer's Agent in 2014

    ZEI LAN LEE

    KUN TAI REALTY INC.

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14196823

California Regional Multiple Listing Service (CRMLS)

APN: 1014-081-04

California San Bernardino County Ontario 91710

5501 W Phillips St, Ontario, CA

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