NOT LISTED FOR SALE

754 Corvette Dr Ontario, CA 91764

Estimated Value: $1,525,000 - $1,636,000

10 Beds
10 Baths
3,950 Sq Ft
$401/Sq Ft Est. Value

Last Sold November 08, 2017

Last sale price $925,000 $234 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $9,104/month

35 Days on Market

About This Home

As of November 2017

Excellent neighborhood and rental area! Close to Ontario International Airport, shopping, schools, business offices and more! Each unit has a two car attached garage with automatic garage door openers, washer/dryer hookups, central A/C and heat, dishwashers, garbage disposals and more! HOA fee $34/monthly

Last Agent to Sell the Property

DARLENE MEDLIN

EMPIRE MANAGEMENT GROUP License #00666139 Listed on: 08/28/2017

Last Buyer's Agent

Moochin Chung

Masters Realty Eastern Group License #01494081

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1991

Lot Details

  • 0.34 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Garage

Home Design

  • 3,950 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Assessor Parcel Number 0210411510000

Community Details

Overview

  • Property has a Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $300
  • Insurance Expense $850
  • Other Expense $425
  • Trash Expense $1,200
  • Water Sewer Expense $3,000
  • New Taxes Expense $6,000
  • Operating Expense $11,775
  • Net Operating Income $50,145

Property Details

Home Type

Multi-Family

Year Built

Built in 1991

Lot Details

0

Parking

8

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Parcel Number: 0210411510000
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 234.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 14757.00

Multi Family

  • Electric Expense: 300.00
  • Gross Scheduled Income: 61920.00
  • Insurance Expense: 850.00
  • Net Operating Income: 50145.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 11775.00
  • Other Expense: 425.00
  • Other Expense Description: HOA Fee
  • Rent Control: No
  • Total Actual Rent: 3910.00
  • Total Expenses: 11775.00

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Census Tract: 21.09
  • Tax Lot: 000
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2018
Sold by
Yoo Jun Son
Bought by
Yoo Jun Son and Jun Son Yoo Family Trust
Current Estimated Value
$1,585,918

Purchase Details

Listed on
Aug 28, 2017
Closed on
Oct 17, 2017
Sold by
Quebral Donato S
Bought by
Yoo Jun Son
Seller's Agent
DARLENE MEDLIN
EMPIRE MANAGEMENT GROUP
Buyer's Agent
Moochin Chung
Masters Realty Eastern Group
List Price
$925,000
Sold Price
$925,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%

Purchase Details

Closed on
Mar 26, 2004
Sold by
Querbral Donato S
Bought by
Quebral Donato S and Quebral Merle G
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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Purchase History

Date Buyer Sale Price Title Company
Yoo Jun Son -- None Available
Yoo Jun Son $925,000 Ticor Title
Quebral Donato S $347,727 First American Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2017 11/08/17 Sold $925,000 0.0% $234 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $925,000 0.0% $234 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
08/28/2017 08/28/17 For Sale $925,000 -- $234 / 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 $10,219 $960,726 $290,283 $670,443
2024 $9,944 $941,888 $284,591 $657,297
2023 $9,715 $923,420 $279,011 $644,409
2022 $9,537 $905,314 $273,540 $631,774
2021 $9,453 $887,562 $268,176 $619,386
2020 $9,281 $878,461 $265,426 $613,035
2019 $9,242 $861,237 $260,222 $601,015
2018 $6,322 $590,568 $118,110 $472,458
2017 $6,089 $578,988 $115,794 $463,194
2016 $6,009 $567,636 $113,524 $454,112
2015 $5,967 $559,110 $111,819 $447,291
2014 $5,785 $548,158 $109,629 $438,529
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV17199034

California Regional Multiple Listing Service (CRMLS)

APN: 0210-411-51