Seller's Agent in 2021
Eric Chavez
CAREBF INC
(213) 999-0073
1 in this area
9 Total Sales
7914 Edison Ave Ontario, CA 91762
Ontario Ranch NeighborhoodEstimated Value: $1,720,000
18.56
Acres
$92,672
Price per Acre
808,474
Sq Ft Lot
Highlights
- 18.56 Acre Lot
- Neighborhood Views
- Rectangular Lot
- No HOA
- Agricultural
About This Lot
As of May 2021For sale 18.56+/- acres of land. This opportunity consists of three (3) contiguous parcels with four (4) improved structures that consist of two (2) residential homes & two (2) buildings that are located on 18.56+/- acres (808,473.60+/- sq.ft.) of flat, developable land with 634+/- feet of frontage on the Edison Avenue. Edison Avenue that is planned to be widen into an eight (8) lane road. The Subject Property is zoned Agricultural (AG), this allows for agricultural uses & under the Ontario Plan, the land is designated zoning is Medium Density & Low Density (11.1 - 25 du / ac) & (2.1 - 5 du / ac) Residential; land use designation allows single-family detached and multi-family attached residences). 9 acres fall under Medium Density (11.1 - 25 du / ac) & may allow to build up to and/or deliver 225 Units/ Finished Lots & 9.56 acres fall under Low Density (2.1 - 5 du / ac) & may allow to build up to and/or deliver 47 Units/Finished Lots. At the time of submitting the development application a landowner and/or land developer may be allowed to designate the entire 18.56+/- acres Medium Density (11.1 - 25 du / ac) & may allow to build up to and/or deliver 464 Units/ Finished Lots. The subject property provides a $4,800.00 monthly rental income, all tenants are on a month-to-month lease terms. Each parcel of land may be sold separately, call broker for details.
Property Details
Property Type
- Land
Est. Annual Taxes
- $20,188
Lot Details
- 18.56 Acre Lot
- Property fronts a private road
- Rectangular Lot
- Level Lot
- Density is 2-5 Units/Acre
- 1053-321-03, 1053-171-01
- Value in Land
- Property is zoned Agricultural (AG) overlay
Utilities
- Overhead Utilities
- Water Not Available
- Agricultural Well Water Source
- Shared Well
- Well
- Sewer Not Available
- Phone Available
- Cable TV Available
Additional Features
- Neighborhood Views
- Agricultural
Community Details
- No Home Owners Association
- Valley
Listing and Financial Details
- Assessor Parcel Number 1053321020000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 14, 2018
Closed on
Apr 24, 2021
Sold by
Hayden Josaline and Kelley Wilma
Bought by
Edison Ranch Llc
Seller's Agent
Eric Chavez
CAREBF INC
Buyer's Agent
Eric Chavez
CAREBF INC
List Price
$8,280,000
Sold Price
$8,250,000
Premium/Discount to List
-$30,000
-0.36%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,530,000
Original Mortgage
$3,750,000
Outstanding Balance
$3,391,203
Interest Rate
3.1%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Feb 16, 2012
Sold by
Hayden Josaline and Kelley Wilma
Bought by
Hayden Josaline and Kelley Wilma
Purchase Details
Closed on
Feb 1, 2012
Sold by
Hayden Josaline and Kelley Wilma
Bought by
Hayden Josaline and Kelley Wilma
Purchase Details
Closed on
Apr 27, 2000
Sold by
Donkers Nellie G
Bought by
Donkers Nellie G and Nellie G Donkers Trust
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Edison Ranch Llc | $7,500,000 | Fidelity Natl Ttl Builder Sv | |
| Hayden Josaline | -- | None Available | |
| Hayden Josaline | -- | None Available | |
| Donkers Nellie G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Edison Ranch Llc | $3,750,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/07/2021 05/07/21 | Sold | $8,250,000 | -0.6% | -- |
| 03/19/2021 03/19/21 | Price Changed | $8,300,000 | +0.2% | -- |
| 05/19/2020 05/19/20 | Price Changed | $8,280,000 | 0.0% | -- |
| 05/19/2020 05/19/20 | For Sale | $8,280,000 | +0.4% | -- |
| 01/02/2019 01/02/19 | Off Market | $8,250,000 | -- | -- |
| 04/14/2018 04/14/18 | For Sale | $9,280,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $20,188 | $2,062,866 | $1,850,959 | $211,907 |
| 2024 | $20,188 | $1,826,339 | $1,814,666 | $11,673 |
| 2023 | $19,629 | $1,790,528 | $1,779,084 | $11,444 |
| 2022 | $19,547 | $1,760,520 | $1,744,200 | $16,320 |
| 2021 | $3,180 | $281,010 | $57,106 | $223,904 |
| 2020 | $3,139 | $278,128 | $56,520 | $221,608 |
| 2019 | $3,085 | $272,675 | $55,412 | $217,263 |
| 2018 | $3,018 | $267,328 | $54,325 | $213,003 |
| 2017 | $2,965 | $262,086 | $53,260 | $208,826 |
| 2016 | $2,774 | $256,947 | $52,216 | $204,731 |
| 2015 | $2,719 | $253,088 | $51,432 | $201,656 |
| 2014 | $2,666 | $248,131 | $50,425 | $197,706 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Chavez
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV18085974
APN: 1053-321-02
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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
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