NOT LISTED FOR SALE

762 S Magnolia Ave Rialto, CA 92376

Estimated Value: $544,000 - $616,000

3 Beds
2 Baths
1,405 Sq Ft
$410/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $495,000 $352 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,636/month

24 Days on Market

Highlights

  • Wood Burning Stove
  • No HOA
  • Den with Fireplace
  • Main Floor Bedroom
  • Courtyard Views
  • 2 Car Direct Access Garage

About This Home

As of December 2022

Location, Location, Location! Prime Corner Lot, 0.17 acre lot! Excellent Walk Score! Local Restaurants, Shops, and Schools are within easy commuting and walkable distance. 5 minutes commute to Arrowhead Regional Medical Center. Pride of Ownership; owner has made architectural custom wood beam upgrade and living room/den addition. Unique wood burning fireplace in the family den. A "Make it your Own Home" opportunity and add your personal vision and unique touch to make it a house for generations to come. Detached garage or workshop with separate street access which offer ADU (Accessory Dwelling Unit) development opportunity; potential extra income for anyone. (Prospects/Buyers need to do due diligence to verify with the City planning regarding ADU conversion regulation, city ordinances, zoning, etc). Termite Inspection Done! Well established Rialto location. PRICE IMPROVEMENT FOR QUICK SALE, & SELLER WILL CREDIT $3K TO THE BUYERS AT CLOSE OF ESCROW

Last Agent to Sell the Property

Marilou Kokmeyer

Realty One Group Roads License #02117901 Listed on: 08/25/2022

Realty One Group Roads

Last Buyer's Agent

Richard Morrow

Mar Vista Homes & Loans License #01862471

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,842

Year Built

  • Built in 1956

Lot Details

  • 7,460 Sq Ft Lot
  • Drip System Landscaping
  • Front Yard Sprinklers
  • Garden
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Parking Available
  • Workshop in Garage
  • Driveway

Interior Spaces

  • 1,405 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room
  • Den with Fireplace
  • Courtyard Views
  • Gas Oven

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Jack-and-Jill Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Gas And Electric Dryer Hookup

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Evaporated cooling system

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 48
  • Tax Tract Number 4802
  • Assessor Parcel Number 0131243070000
  • $592 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,842

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0131243070000
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1405.00 Square Feet
  • Interior Amenities: Crown Molding
  • Stories: 1
  • Common Walls: No Common Walls
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Den, Family Room, Wood Burning, Wood Stove Insert, Great Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 352.31
  • Room Type: All Bedrooms Down, Den, Family Room, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • View: Courtyard
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Direct Garage Access, Driveway, Paved, Oversized, Workshop in Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Appliances: Gas Oven
  • Laundry Features: Gas & Electric Dryer Hookup, In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Schools

  • School District: Rialto Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Garden, Landscaped, Sprinklers Drip System, Sprinklers In Front
  • Lot Size Sq Ft: 7460.00
  • Lot Size Acres: 0.1713
  • Latitude Manual: 34.08744500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7460.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 36.07
  • Tax Lot: 48
  • Tax Tract Number: 4802
  • TaxOtherAnnualAssessmentAmount: 592.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Nov 1, 2022
Sold by
Perez Mejia Yolanda
Bought by
Contreras Jose Eduardo
Seller's Agent
Marilou Kokmeyer
Realty One Group Roads
Buyer's Agent
Richard Morrow
Mar Vista Homes & Loans
List Price
$495,000
Sold Price
$495,000
Views
76
Current Estimated Value
$562,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,630
Avg. Annual Appreciation
4.56%
Original Mortgage
$470,250
Outstanding Balance
$456,607
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$101,768

Purchase Details

Listed on
Aug 25, 2022
Closed on
Oct 14, 2022
Sold by
Reck Christine
Bought by
Contreras Jose Eduardo and Mejia Luis Fernando
Seller's Agent
Marilou Kokmeyer
Realty One Group Roads
Buyer's Agent
Richard Morrow
Mar Vista Homes & Loans
List Price
$495,000
Sold Price
$495,000
Views
76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,250
Outstanding Balance
$456,607
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$101,768

Purchase Details

Closed on
Nov 3, 2018
Sold by
Mccormick Mervin F
Bought by
Mccormick Milne Kimberly and Reck Christine

Purchase Details

Closed on
Mar 28, 2005
Sold by
Mccormick Mervin F and Mc Cormick Roberta J
Bought by
Mccormick Mervin F and Mc Cormick Roberta J

Purchase Details

Closed on
Jun 22, 1998
Sold by
Mccormick Mervin F
Bought by
Mccormick Marvin P and Mccormick Roberta Joy
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
Contreras Jose Eduardo -- Orange Coast Title
Contreras Jose Eduardo $495,000 Orange Coast Title
Mccormick Milne Kimberly -- None Available
Mccormick Mervin F -- --
Mccormick Marvin P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Contreras Jose Eduardo $470,250
Previous Owner Contreras Jose Eduardo $470,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $495,000 0.0% $352 / Sq Ft
11/28/2022 11/28/22 For Sale $495,000 0.0% $352 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
09/15/2022 09/15/22 Price Changed $495,000 -0.7% $352 / Sq Ft
08/25/2022 08/25/22 For Sale $498,500 -- $355 / 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 $6,842 $514,998 $176,868 $338,130
2024 $6,842 $504,900 $173,400 $331,500
2023 $7,170 $495,000 $170,000 $325,000
2022 $1,010 $49,197 $10,427 $38,770
2021 $1,004 $48,233 $10,223 $38,010
2020 $997 $47,738 $10,118 $37,620
2019 $980 $46,802 $9,920 $36,882
2018 $939 $45,884 $9,725 $36,159
2017 $932 $44,984 $9,534 $35,450
2016 $513 $44,102 $9,347 $34,755
2015 $513 $43,440 $9,207 $34,233
2014 $483 $42,589 $9,027 $33,562
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22176477

California Regional Multiple Listing Service (CRMLS)

APN: 0131-243-07