NOT LISTED FOR SALE

7483 Palmetto Ave Fontana, CA 92336

Estimated Value: $713,398 - $979,000

4 Beds
2 Baths
2,234 Sq Ft
$372/Sq Ft Est. Value

Last Sold August 23, 2012

Last sale price $201,000 $90 Per Sq Ft

Est. 314% increase in value since last sale

Current estimated payment $5,202/month

171 Days on Market

Highlights

  • 0.6 Acre Lot
  • Contemporary Architecture
  • Central Heating

About This Home

As of August 2012

3units: 1st 3-1 / 2nd 1-1 /3rd 1-1 'sell as is'

Last Agent to Sell the Property

Ricardo Soto Sanchez

Executive Bankers Realty License #01880230 Listed on: 03/05/2012

Last Buyer's Agent

ADRIAN MARTINEZ

VIP Loans and Real Estate License #01017999

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,134

Year Built

  • Built in 1946

Lot Details

  • 0.6

Home Design

  • 2,234 Sq Ft Home
  • Contemporary Architecture
  • Stucco

Additional Features

  • 0.6 Acre Lot
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 0.6 / L
  • Assessor Parcel Number 0241221420000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $50
  • Water Sewer Expense $150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,134

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Water Sewer Expenses: 150.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 0241221420000
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 89.97

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Trash Expense: 50.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 26070.00
  • Lot Size Acres: 0.5980

Multi Family

  • Gross Multiplier: 79.23
  • Gross Scheduled Income: 2600.00
  • Lot Size Area: 26070.0000 Square Feet
  • 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: 200.00

Tax Info

  • Tax Area: 10000
  • Tax Block: L
  • Tax Lot: 0.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2022
Sold by
David Teller
Bought by
Golden Sky Realty Inc
Current Estimated Value
$831,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2013
Sold by
Cherry Avenue Development Llc
Bought by
Teller David

Purchase Details

Listed on
Mar 5, 2012
Closed on
Aug 13, 2012
Sold by
Fernandez Enrique
Bought by
Cherry Avenue Development Llc
Seller's Agent
Ricardo Soto Sanchez
Executive Bankers Realty
Buyer's Agent
ADRIAN MARTINEZ
VIP Loans and Real Estate
List Price
$206,000
Sold Price
$201,000
Premium/Discount to List
-$5,000
-2.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%

Purchase Details

Closed on
May 25, 2006
Sold by
Defernandez Dora Maria Ramirez
Bought by
Fernandez Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2006
Sold by
Flores Jose M and Flores Maria
Bought by
Fernandez Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2002
Sold by
Flores Jose M and Flores Maria
Bought by
Flores Jose M and Flores Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,373
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 2002
Sold by
Zimmermann P J and Gaines Ernest
Bought by
Flores Jose and Flores Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,373
Interest Rate
6.84%
Mortgage Type
FHA
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
Golden Sky Realty Inc $650,000 Provident Title
Teller David -- None Available
Cherry Avenue Development Llc $201,000 Old Republic Title
Fernandez Enrique -- Fidelity National Title
Fernandez Enrique $600,000 Fidelity National Title
Flores Jose M -- Chicago Title Co
Flores Jose $170,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golden Sky Realty Inc $307,000
Closed Golden Sky Realty Inc $290,000
Previous Owner Teller David $106,000
Previous Owner Teller David $142,000
Previous Owner Fernandez Enrique $450,000
Previous Owner Flores Jose M $289,000
Previous Owner Flores Jose M $212,500
Previous Owner Flores Jose M $25,000
Previous Owner Flores Jose M $167,373
Previous Owner Flores Jose $167,373
Previous Owner Gaines Ernest $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2012 08/23/12 Sold $201,000 -2.4% $90 / Sq Ft
08/23/2012 08/23/12 Pending -- -- --
03/05/2012 03/05/12 For Sale $206,000 -- $92 / 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 $8,134 $676,260 $239,292 $436,968
2024 $8,134 $663,000 $234,600 $428,400
2023 $7,868 $650,000 $230,000 $420,000
2022 $3,491 $233,240 $75,426 $157,814
2021 $3,441 $228,667 $73,947 $154,720
2020 $3,417 $226,323 $73,189 $153,134
2019 $3,316 $221,885 $71,754 $150,131
2018 $3,313 $217,534 $70,347 $147,187
2017 $3,226 $213,269 $68,968 $144,301
2016 $3,129 $209,088 $67,616 $141,472
2015 $3,051 $205,947 $66,600 $139,347
2014 $3,021 $201,912 $65,295 $136,617
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1201317

California Regional Multiple Listing Service (CRMLS)

APN: 0241-221-42