NOT LISTED FOR SALE

616 E Holt Blvd Ontario, CA 91761

Downtown Ontario Neighborhood

Estimated Value: $522,592 - $557,000

5 Beds
2 Baths
1,454 Sq Ft
$371/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $425,000 $292 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,560/month

21 Days on Market

About This Home

As of May 2021

Residential and commercial property 2 units downstairs unit 3 bedroom and I bath , laundry room by the kitchen. upstairs unit 2bedroom and I bath no laundry room . Small building on the front is not operate by current owner , was used in the pass as a commercial building (buyers to check with the city) Extra from billboard on the front yard of the property under contract..... current owner pay $80, but they willing to negotiate with the new owner ...As per property profile is a total of 3bedrooms and 2 bathrooms for the 2 units buyers to check with the city for permits. PROPERTY SOLD AS IS DOWNSTAIRS UNIT NEEDS A LOT OF REPAIRS ...

Last Agent to Sell the Property

aurora eguino

KING REALTY GROUP, INC License #01021560 Listed on: 02/26/2021

Last Buyer's Agent

aurora eguino

KING REALTY GROUP, INC License #01021560 Listed on: 02/26/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 5,053 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • 1,454 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 1049093010000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $840
  • Insurance Expense $1,200
  • Trash Expense $160
  • Water Sewer Expense $2,000
  • New Taxes Expense $6,215
  • Operating Expense $10,415
  • Gross Income $29,400
  • Net Operating Income $37,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2000.00
  • Property Type: Residential Income
  • Parcel Number: 1049093010000
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 292.30

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 160.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5053.00
  • Lot Size Acres: 0.1160

Multi Family

  • Fuel Expense: 840.00
  • Gross Income: 29400.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5053.0000 Square Feet
  • Net Operating Income: 37800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 3000.00
  • Rent Control: No
  • Total Expenses: 10415.00

Tax Info

  • New Taxes Expense: 6215.00
  • Tax Lot: 6
  • Tax Tract Number: 6BLK3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Apr 30, 2021
Sold by
Malik Esther
Bought by
Malik Muhammad A
Seller's Agent
aurora eguino
KING REALTY GROUP, INC
Buyer's Agent
aurora eguino
KING REALTY GROUP, INC
List Price
$499,000
Sold Price
$425,000
Premium/Discount to List
-$74,000
-14.83%
Current Estimated Value
$539,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,796
Avg. Annual Appreciation
5.28%
Original Mortgage
$318,750
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2021
Closed on
Mar 25, 2021
Sold by
Valdez Joel Anthony
Bought by
Malik Muhammad A
Seller's Agent
aurora eguino
KING REALTY GROUP, INC
Buyer's Agent
aurora eguino
KING REALTY GROUP, INC
List Price
$499,000
Sold Price
$425,000
Premium/Discount to List
-$74,000
-14.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2021
Sold by
Ramos Joel Valdez and Delvaldez Maria Del
Bought by
Valdez Joel Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2014
Closed on
Sep 8, 2014
Sold by
Gallardo Judith and Estrada Eugene V
Bought by
Ramos Joel Valdez and Valdez Ma Del Socorro
Seller's Agent
Javier Acosta
EXP REALTY OF CALIFORNIA INC
Buyer's Agent
aurora eguino
KING REALTY GROUP, INC
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$275,000
Interest Rate
4.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 10, 2011
Sold by
Estrada Eugene V
Bought by
Holt Boulevard Trust

Purchase Details

Closed on
Dec 9, 2004
Sold by
Estrada Eugene V and Estrada Rosalie Q
Bought by
Estrada Eugene V and Estrada Rosalie Q
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Malik Muhammad A -- Wfg National Title
Malik Muhammad A $425,000 Wfg National Title
Valdez Joel Anthony -- Wfg National Title
Ramos Joel Valdez $300,000 Pacific Coast Title
Gallardo Judith -- Pacific Coast Title
Holt Boulevard Trust -- None Available
Estrada Eugene V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malik Muhammad A $318,750
Previous Owner Ramos Joel Valdez $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2021 05/11/21 Sold $425,000 -14.8% $292 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $499,000 +66.3% $343 / Sq Ft
10/16/2014 10/16/14 Sold $300,000 -14.3% $132 / Sq Ft View Prior Sale
09/04/2014 09/04/14 Pending -- -- --
07/25/2014 07/25/14 For Sale $350,000 -- $154 / 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 $8,842 $460,034 $162,365 $297,669
2024 $8,842 $451,013 $159,181 $291,832
2023 $4,806 $442,170 $156,060 $286,110
2022 $4,742 $433,500 $153,000 $280,500
2021 $3,699 $333,097 $116,584 $216,513
2020 $3,634 $329,682 $115,389 $214,293
2019 $3,603 $323,217 $113,126 $210,091
2018 $3,553 $316,880 $110,908 $205,972
2017 $3,426 $310,666 $108,733 $201,933
2016 $3,290 $304,575 $106,601 $197,974
2015 $3,268 $300,000 $105,000 $195,000
2014 $391 $34,630 $12,607 $22,023
Source: Public Records

Agents Affiliated with this Home

  • a

    Seller's Agent in 2021

    aurora eguino

    KING REALTY GROUP, INC

    (323) 896-3446

    2 in this area

    18 Total Sales

    aurora eguino
    Section Image
  • Javier Acosta

    Seller's Agent in 2014

    Javier Acosta

    EXP REALTY OF CALIFORNIA INC

    (323) 514-3947

    2 in this area

    28 Total Sales

    Javier Acosta
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21040696

California Regional Multiple Listing Service (CRMLS)

APN: 1049-093-01

California San Bernardino County Ontario 91761 Downtown Ontario

616 E Holt Blvd, Ontario, CA

Not Listed for Sale

MultiFamily

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