NOT LISTED FOR SALE

Estimated Value: $867,000 - $1,024,000

3 Beds
3 Baths
1,875 Sq Ft
$505/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $530,000 $283 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,687/month

3 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Wall Furnace
  • High Efficiency Air Conditioning
  • Wood Fence
  • 3-minute walk to James R. Bryant Park

About This Home

As of May 2016

GREAT INVESTMENT PROPERTY IN ONTARIO! BRING YOUR BEST OFFER. Triplex with three separate addresses (612, 614, 616 West Flora Street). Located on a large lot and close to parks, shopping area, downtown Historical Ontario and La Verne Law School. Each unit has 1BD/1BA with washer/dryer hook ups, ceiling fans, wall air conditioning units and detached 1 car enclosed garage per unit. The property has plenty of parking spaces. Long term tenants are always on time with rent payments and there is room to increase rents. Drive by only, please do not disturb tenants. Tenants do not know the property is for sale. Information deemed reliable but not guaranteed. Buyer to verify all information. Buyer/Investor to do own investigations.

Last Agent to Sell the Property

Delight Mauleon

DELIGHT MAULEON. BROKER License #01317557 Listed on: 04/28/2016

Last Buyer's Agent

Joe Gonzales

CENTURY 21 CITRUS REALTY INC License #01989006

CENTURY 21 CITRUS REALTY INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,743

Year Built

  • Built in 1954

Lot Details

  • 9,006 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Fence is in good condition

Parking

  • 3 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Property Attached
  • Slab Foundation
  • Asphalt

Interior Spaces

  • 1,875 Sq Ft Home
  • 1-Story Property
  • Gas Cooktop

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • High Efficiency Air Conditioning
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 12
  • Tax Tract Number 4166
  • Assessor Parcel Number 1048322350000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,000
  • Trash Expense $120
  • Water Sewer Expense $2,400
  • New Taxes Expense $4,200
  • Gross Income $2,775
  • Net Operating Income $24,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,743

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Other Phone Description: 9098513640
  • Other Phone Number: 9098513640
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 1048322350000
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 282.67
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Fencing: Good Condition, Wood
  • Pool Private: No
  • Construction Materials: Asphalt

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Trash Expense: 120.00
  • Water Source: Public
  • Cooling: High Efficiency, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9006.00
  • Price Per Lot Square Foot: 58.85

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2775.00
  • Gross Scheduled Income: 33300.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 24980.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 8320.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4200.00
  • Tax Lot: 12
  • Tax Tract Number: 4166

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2016
Closed on
May 3, 2016
Sold by
Mauleon Ramon
Bought by
J & A Gonzales Llc
Seller's Agent
Delight Mauleon
DELIGHT MAULEON. BROKER
Buyer's Agent
Joe Gonzales
CENTURY 21 CITRUS REALTY INC
List Price
$525,000
Sold Price
$530,000
Premium/Discount to List
$5,000
0.95%
Current Estimated Value
$947,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,789
Avg. Annual Appreciation
6.46%

Purchase Details

Closed on
Sep 6, 2007
Sold by
Vanbrunt David
Bought by
Mauleon Ramon and Mauleon Delight

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2002
Sold by
Monastiere Joseph D
Bought by
Vanbrunt David and Vanbrunt Georgina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6.99%
Source: Public Records

Range of Values:

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Average Value
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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
J & A Gonzales Llc $530,000 First American Title
Mauleon Ramon $495,000 Southland Title
Vanbrunt David $190,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mauleon Ramon $352,250
Previous Owner Mauleon Ramon $371,250
Previous Owner Vanbrunt David $100,000
Previous Owner Vanbrunt David $72,000
Previous Owner Vanbrunt David $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $530,000 +1.0% $283 / Sq Ft
05/01/2016 05/01/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $525,000 -- $280 / 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 $6,743 $627,415 $224,923 $402,492
2024 $6,743 $615,113 $220,513 $394,600
2023 $6,553 $603,052 $216,189 $386,863
2022 $6,467 $591,227 $211,950 $379,277
2021 $6,427 $579,634 $207,794 $371,840
2020 $6,314 $573,690 $205,663 $368,027
2019 $6,260 $562,441 $201,630 $360,811
2018 $6,174 $551,412 $197,676 $353,736
2017 $5,952 $540,600 $193,800 $346,800
2016 $4,702 $435,500 $129,000 $306,500
2015 $4,199 $385,400 $114,200 $271,200
2014 $3,520 $326,600 $96,800 $229,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16089840

California Regional Multiple Listing Service (CRMLS)

APN: 1048-322-35