NOT LISTED FOR SALE

7055 Cypress Ave Fontana, CA 92336

Estimated Value: $513,000 - $710,000

2 Beds
2 Baths
1,176 Sq Ft
$530/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $400,000 $340 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,728/month

Highlights

  • 0.95 Acre Lot
  • Laundry Room
  • Central Air
  • No HOA
  • Tile Flooring
  • Wall Furnace

About This Home

As of January 2021

HUGE LOT , HUGE LOT, HUGE LOT. JUST SHY OF A FULL ACRE, ROOM TO BUILD OR POSSIBLY SPLIT?, NEW CONSTRUCTION SURROUNDING THE NEIGHBORHOOD!, BUILD DREAM HOME or TWO ON ONE LOT! Buyers to satisfy themselves and investigate all possibilities! This is in a wonderful location, close to everything you need. You'll be pleasantly surprised to see such a cute home behind a gated entry! The home is placed perfectly on the lot to allow you to pull right in and use the entire lot space or pull in your RV or trucks. You'll enter to a cute living room with open concept dining, laminate flooring and a cute rustic FIREPLACE! (fireplace is hidden in the photos). Your open kitchen / dining is huge with plenty of space to expand. Currently there is a 3rd BR option which can be converted back to a den or other space. You have washer and dryer hookups in the huge bathroom. Very nice home waiting for a new owner! LOOKING FOR YOUR NEXT RENTAL? OR NEED TO 1031? THIS HOME HAS A LONG TERM EXCELLENT TENANT PAYING $1300.00 PER MO. WOULD LOVE TO STAY IF YOU'LL KEEP HER!

Last Agent to Sell the Property

Sharon Stonefield

Rodeo Realty License #01519125 Listed on: 10/29/2020

Rodeo Realty

Last Buyer's Agent

SANJIV BHAGAT

HAVEN ROBLEDO REALTY License #01306026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,067

Year Built

  • Built in 1946

Lot Details

  • 0.95 Acre Lot
  • No Landscaping
  • Back Yard

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Utilities

  • Central Air
  • Wall Furnace
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 8
  • Assessor Parcel Number 0240441440000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,067

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0240441440000
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1176.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 340.14
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Fontana Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, No Landscaping
  • Lot Size Sq Ft: 41530.00
  • Lot Size Acres: 0.9534

Multi Family

  • Lease Considered: No
  • Lot Size Area: 41530.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 23.01
  • Tax Lot: 22
  • Tax Tract Number: 08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Nov 23, 2020
Sold by
Ferguson Timothy and Ferguson Monica
Bought by
Bansilal Ramesh and Waheed Ruksana
Seller's Agent
Sharon Stonefield
Rodeo Realty
Buyer's Agent
SANJIV BHAGAT
HAVEN ROBLEDO REALTY
List Price
$379,888
Sold Price
$400,000
Premium/Discount to List
$20,112
5.29%
Current Estimated Value
$623,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,544
Avg. Annual Appreciation
9.82%
Original Mortgage
$300,000
Outstanding Balance
$266,474
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$357,070

Purchase Details

Closed on
Aug 8, 2017
Sold by
Ferguson Timothy and Ferguson Monica Jane
Bought by
Ferguson Timothy and Ferguson Monica Jane

Purchase Details

Closed on
Oct 30, 2012
Sold by
Munoz Vanya M
Bought by
Ferguson Timothy and Ferguson Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,960
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2012
Sold by
Pegram Dustin A
Bought by
Munoz Vanya M

Purchase Details

Listed on
Jul 4, 2009
Closed on
Nov 30, 2011
Sold by
Pegram Amanda N
Bought by
Pegram Dustin A
Seller's Agent
Raul Ramos
Select Homes & Investments Inc
Buyer's Agent
Raul Ramos
Select Homes & Investments Inc
List Price
$100,000
Sold Price
$110,000
Premium/Discount to List
$10,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.47%
Original Mortgage
$74,250
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2007
Sold by
Perez Mayra
Bought by
Perez Eliseo L

Purchase Details

Closed on
Feb 22, 2007
Sold by
Perez Mayra
Bought by
Perez Eliseo L

Purchase Details

Closed on
Jan 21, 2003
Sold by
Perez Eliseo and Prezes Eliseo
Bought by
Perez Eliseo and Perez Mayra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,300
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2001
Sold by
Shepherd Leroy and Shepherd Novella
Bought by
Perez Eliseo

Purchase Details

Closed on
Feb 10, 1995
Sold by
Transamerica Financial Services
Bought by
Shepherd Leroy and Shepherd Novella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,575
Interest Rate
9.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 8, 1994
Sold by
Patterson Robert C and Patterson Patricia G
Bought by
Transamerica Financial Services
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
Bansilal Ramesh $400,000 Synrgo
Ferguson Timothy -- None Available
Ferguson Timothy $165,000 First American Title Company
Munoz Vanya M -- None Available
Pegram Dustin A -- None Available
Pegram Dustin A $110,000 None Available
Perez Eliseo L -- None Available
Perez Eliseo L -- None Available
Perez Eliseo -- Stewart Title Company
Perez Eliseo -- --
Shepherd Leroy $90,000 First American Title Ins Co
Transamerica Financial Services $51,016 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bansilal Ramesh $300,000
Previous Owner Ferguson Timothy $131,960
Previous Owner Pegram Dustin A $74,250
Previous Owner Perez Eliseo $141,300
Previous Owner Shepherd Leroy $89,575
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Sold $400,000 +5.3% $340 / Sq Ft
11/14/2020 11/14/20 For Sale $379,888 -5.0% $323 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/09/2020 11/09/20 Off Market $400,000 -- --
10/29/2020 10/29/20 Price Changed $379,888 +12662833.3% $323 / Sq Ft
10/29/2020 10/29/20 For Sale $3 -100.0% $0 / Sq Ft
01/25/2013 01/25/13 Sold $164,900 -8.4% $159 / Sq Ft
12/14/2012 12/14/12 Pending -- -- --
12/04/2012 12/04/12 For Sale $179,950 0.0% $173 / Sq Ft
10/05/2012 10/05/12 Pending -- -- --
08/09/2012 08/09/12 Price Changed $179,950 -7.7% $173 / Sq Ft
06/14/2012 06/14/12 For Sale $195,000 +77.3% $188 / Sq Ft
01/11/2012 01/11/12 Sold $110,000 +10.0% $106 / Sq Ft
07/16/2009 07/16/09 Pending -- -- --
07/14/2009 07/14/09 For Sale $100,000 -- $96 / 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 $5,067 $432,972 $108,243 $324,729
2024 $5,067 $424,483 $106,121 $318,362
2023 $4,378 $416,160 $104,040 $312,120
2022 $4,629 $408,000 $102,000 $306,000
2021 $2,020 $187,008 $101,743 $85,265
2020 $2,284 $185,091 $100,700 $84,391
2019 $2,309 $181,461 $98,725 $82,736
2018 $1,984 $177,903 $96,789 $81,114
2017 $1,973 $174,415 $94,891 $79,524
2016 $1,940 $170,995 $93,030 $77,965
2015 $1,922 $169,009 $92,215 $76,794
2014 $2,500 $165,699 $90,409 $75,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20226252

California Regional Multiple Listing Service (CRMLS)

APN: 0240-441-44