NOT LISTED FOR SALE

751 Corvette Dr Ontario, CA 91764

Estimated Value: $1,690,000 - $1,962,817

10 Beds
4 Baths
4,003 Sq Ft
$448/Sq Ft Est. Value

Last Sold February 04, 2013

Last sale price $660,000 $165 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $10,055/month

92 Days on Market

Highlights

  • Balcony
  • Forced Air Heating System
  • Wood Siding

About This Home

As of February 2013

GREAT INVESTMENT OPPORTUNITY! Townhouse style, 4 unit complex each unit with an attached 2 car garage. Good unit mix with (2) 3 bedroom / 2 bath and (2) 2 bedroom / 1 bath. Recent paint and good ongoing maintenance records. All units currently occupied, but great for owner occupied. Ontario, Ca, well located quiet location. Close to parks, shopping and transportation.

Last Agent to Sell the Property

Sabrina Fan

Keller Williams Newport Estates License #01888129 Listed on: 09/25/2012

Co-Listed By

Greg Bingham

Coldwell Banker Realty License #01309137

Last Buyer's Agent

Stephen Leung

Century 21 Ludecke Inc. License #01247648

Century 21 Ludecke Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 9,956

Parking

  • 2 Car Garage

Home Design

  • 4,003 Sq Ft Home
  • Wood Siding

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Bathrooms

Additional Features

  • Dishwasher
  • Balcony
  • 9,956 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Tax Lot 6
  • Tax Tract Number 13217
  • Assessor Parcel Number 0210411250000

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $528
  • Gardener Expense $1,500
  • Insurance Expense $1,215
  • Other Expense $296
  • Trash Expense $1,764
  • Water Sewer Expense $2,409
  • New Taxes Expense $6,500
  • Gross Income $4,600
  • Net Operating Income $40,988

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 6.31
  • View: No
  • Water Sewer Expenses: 2409.00
  • Property Type: Residential Income
  • Gardener Expense: 1500.00
  • Parcel Number: 0210411250000
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 164.88

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher
  • Heating Type: Forced Air
  • Trash Expense: 1764.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 9956.00
  • Lot Size Acres: 0.2290

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Electric Expense: 528.00
  • Gross Income: 4600.00
  • Gross Multiplier: 11.78
  • Gross Scheduled Income: 55200.00
  • Insurance Expense: 1215.00
  • Net Operating Income: 40988.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 14212.00
  • Other Expense: 296.00
  • Other Expense Description: ASSN FEE

Tax Info

  • New Taxes Expense: 6500.00
  • Tax Lot: 6
  • Tax Tract Number: 13217

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2021
Sold by
Lau Living Trust 1992 and Lau James
Bought by
Arrowton Llc
Current Estimated Value
$1,793,954

Purchase Details

Closed on
Jun 2, 2021
Sold by
Arrowton Llc
Bought by
Lau Living Trust and Lau

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,100
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2014
Sold by
Lau James Hon Kit and Tam Shirley Sui Ling
Bought by
Arrowton Llc

Purchase Details

Closed on
Oct 10, 2012
Sold by
Chm Company
Bought by
Lau James Hon Kit and Tam Shirley Sui Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Arrowton Llc -- None Listed On Document
Lau Living Trust -- None Listed On Document
Lau James Hon-Kit -- None Listed On Document
Arrowton Llc -- None Available
Lau James Hon Kit $660,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lau James Hon-Kit $314,100
Previous Owner Lau James Hon Kit $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2013 02/04/13 Sold $660,000 +1.5% $165 / Sq Ft
12/26/2012 12/26/12 Pending -- -- --
09/25/2012 09/25/12 For Sale $650,000 -- $162 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,656 $812,743 $283,229 $529,514
2024 $8,423 $796,806 $277,675 $519,131
2023 $8,781 $781,182 $272,230 $508,952
2022 $8,629 $765,865 $266,892 $498,973
2021 $8,006 $750,848 $261,659 $489,189
2020 $7,861 $743,149 $258,976 $484,173
2019 $7,830 $728,577 $253,898 $474,679
2018 $7,632 $714,292 $248,920 $465,372
2017 $7,351 $700,286 $244,039 $456,247
2016 $7,254 $686,555 $239,254 $447,301
2015 $7,204 $676,242 $235,660 $440,582
2014 $6,984 $662,996 $231,044 $431,952
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Sabrina Fan

    Keller Williams Newport Estates

  • Greg Bingham

    Seller Co-Listing Agent in 2013

    Greg Bingham

    Coldwell Banker Realty

    (949) 644-1600

    26 Total Sales

    Greg Bingham
    Section Image
  • Stephen Leung

    Buyer's Agent in 2013

    Stephen Leung

    Century 21 Ludecke Inc.

    (626) 664-4833

    13 Total Sales

    Stephen Leung
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S713210

California Regional Multiple Listing Service (CRMLS)

APN: 0210-411-25

California San Bernardino County Ontario 91764

751 Corvette Dr, Ontario, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes