NOT LISTED FOR SALE

751 Corvette Dr Ontario, CA 91764

Ontario Area
10 Beds
4 Baths
4,003 Sq Ft
9,956 Sq Ft Lot

Sale Details

Date Sold: February 4, 2013

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

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.
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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

9,956 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2021
Sold by
Bought by

Purchase Details

Closed on
Jun 2, 2021
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Oct 10, 2012
Sold by
Bought by

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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
-- None Listed On Document
-- None Available
$660,000 Multiple
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $314,100
Previous Owner $380,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,656 $828,998 $288,894 $540,104
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S713210

California Regional Multiple Listing Service (CRMLS)

APN: 0210-411-25

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