NOT LISTED FOR SALE

7616 Palmetto Ave Fontana, CA 92336

Estimated Value: $562,000 - $644,000

4 Beds
2 Baths
1,341 Sq Ft
$445/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $525,000 $391 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,753/month

22 Days on Market

Highlights

  • Main Floor Bedroom
  • 2 Car Attached Garage
  • Bathtub with Shower
  • No HOA
  • Eat-In Kitchen
  • Patio

About This Home

As of February 2022

This lovely 4-bedroom rancher has been completely updated inside and includes storage galore!
Step inside to find an open floorplan with new luxury vinyl plank flooring and lots of natural light coming through updated energy-efficient windows.
Your kitchen features a stainless steel fridge, a garden window and tons of cabinet space. Just steps away, your low-maintenance backyard has a pergola-covered patio and a big corner tree that provides plenty of shade. There are also landscaped planting beds lining the entire perimeter of the fence as well as a separate BONUS zone.
Back inside, there are four nice-sized bedrooms that share two updated hallway bathrooms -- one has a tub, and the other has a tiled stand-up shower. The home includes multiple storage closets, plus the massive 2-car garage has even more storage space, in addition to a laundry area. The garage also offers direct access to the backyard.
This home is in a great location close to schools and parks. You'll be just blocks from all the shopping & dining along either the 210 to the North or historic Rt66 to the South, and you can also jump on the 10 or I-15 in no time, too.

Last Agent to Sell the Property

Eric Chao

Pinnacle Real Estate Group License #01964792 Listed on: 11/18/2021

Pinnacle Real Estate Group

Co-Listed By

Raymond Tsai

Pinnacle Real Estate Group License #01784303

Last Buyer's Agent

Ana Soto

GMAX Properties Inc. License #01324762

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,620

Year Built

  • Built in 1955

Lot Details

  • 7,242 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 1,341 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Vinyl Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System
  • Water Heater

Additional Features

  • Patio
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 4196
  • Assessor Parcel Number 0241113020000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,620

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Cherrie (Asst.)
  • Other Phone Number: 626-214-6780
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0241113020000
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1341.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 391.50
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Bathroom Features: Shower, Shower In Tub

Exterior Features

  • Patio: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, On Site
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Microwave, Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Fontana Unified

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7242.00
  • Lot Size Acres: 0.1663

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7242.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 35
  • Tax Tract Number: 4196

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Dec 16, 2021
Sold by
Joseph Wong
Bought by
Cristobal Yoselin Ignacio
Seller's Agent
Eric Chao
Pinnacle Real Estate Group
Buyer's Agent
Ana Soto
GMAX Properties Inc.
List Price
$509,000
Sold Price
$525,000
Premium/Discount to List
$16,000
3.14%
Current Estimated Value
$584,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,478
Avg. Annual Appreciation
3.42%
Original Mortgage
$515,490
Interest Rate
3.55%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2012
Sold by
Wong Joseph and Wong Rachel
Bought by
Wong Joseph and Wong Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2010
Sold by
Fannie Mae
Bought by
Wong Joseph and Wong Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2009
Sold by
Andrade Liliana
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 28, 2005
Sold by
Lopez Robert A
Bought by
Andrade Liliana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,600
Interest Rate
5.56%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 27, 2003
Sold by
Lopez Guadalupe R
Bought by
Lopez Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Cristobal Yoselin Ignacio $525,000 Stewart Title
Wong Joseph -- Advantage Title Inc
Wong Rachel -- Advantage Title Inc
Wong Joseph $180,000 Old Republic Title
Federal National Mortgage Association $311,940 Landsafe Title
Andrade Liliana $338,000 Financial Title
Lopez Robert A -- Ticor Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cristobal Yoselin Ignacio $515,490
Previous Owner Wong Joseph $171,000
Previous Owner Wong Joseph $171,000
Previous Owner Andrade Liliana $350,900
Previous Owner Andrade Liliana $67,600
Previous Owner Andrade Liliana $270,400
Previous Owner Lopez Robert A $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2022 02/11/22 Sold $525,000 +3.1% $391 / Sq Ft
12/16/2021 12/16/21 For Sale $509,000 -3.0% $380 / Sq Ft
12/10/2021 12/10/21 Off Market $525,000 -- --
12/10/2021 12/10/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $509,000 -- $380 / 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 $6,620 $561,297 $139,284 $422,013
2024 $6,620 $550,291 $136,553 $413,738
2023 $5,962 $535,500 $133,875 $401,625
2022 $2,075 $164,210 $42,573 $121,637
2021 $2,045 $160,990 $41,738 $119,252
2020 $2,026 $159,339 $41,310 $118,029
2019 $2,049 $156,215 $40,500 $115,715
2018 $2,056 $153,152 $39,706 $113,446
2017 $2,020 $150,149 $38,927 $111,222
2016 $1,966 $147,205 $38,164 $109,041
2015 $1,926 $144,994 $37,591 $107,403
2014 $1,913 $142,154 $36,855 $105,299
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21240115

California Regional Multiple Listing Service (CRMLS)

APN: 0241-113-02