NOT LISTED FOR SALE

8056 Laurel Ave Fontana, CA 92336

Estimated Value: $705,379 - $1,000,000

8 Beds
3 Baths
2,644 Sq Ft
$311/Sq Ft Est. Value

Last Sold March 07, 2018

Last sale price $550,000 $208 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,918/month

35 Days on Market

Highlights

  • 21,600 Sq Ft lot
  • Laundry Room
  • 1-Story Property
  • No HOA

About This Home

As of March 2018

GREAT INCOME PROPERTY!! 3 UNITS ON A LARGE LOT, EACH UNIT HAS THEIR OWN FRONT YARD AND BACK YARD. ONE OF THE UNITS HAS BEEN COMPLETELY REMODELED TWO YEARS AGO WITH NEW KITCHEN CABINETS, GRANITE COUNTER TOPS, NEW DUAL-PANE WINDOWS, NEW DOORS INTERIOR AND EXTERIOR, NEW LAMINATE FLOOR, NEW WATER HEATER, NEW AC, NEW ROOF, NEW STUCCO, NEW APPLIANCES, NEW FENCES, AND MUCH MORE. AND THE OTHER 2 UNITS HAVE ALSO BEEN REMODELED. CLOSE PROXIMITY TO SCHOOLS, PARKS AND FREEWAYS.

Last Agent to Sell the Property

Ken Huynh

RE/MAX CHAMPIONS License #01731599 Listed on: 01/02/2018

RE/MAX CHAMPIONS

Last Buyer's Agent

Kris Luong

Harvest Realty Development License #01899793

Harvest Realty Development

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,916

Year Built

  • Built in 1946

Lot Details

  • 0.5 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Interior Spaces

  • 2,644 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Assessor Parcel Number 0243101380000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units
  • Valley

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $3,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,916

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Other Phone Description: 6262332808
  • Other Phone Number: 6262332808
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 0243101380000
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 208.02

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Septic Type Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 21600.00

Multi Family

  • Gross Income: 3300.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 34.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2020
Sold by
Ledesma Amalia
Bought by
Laguna Mario Ledesma
Current Estimated Value
$796,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$267,436
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$530,925

Purchase Details

Closed on
Aug 18, 2020
Sold by
Luu Loyd
Bought by
Laguna Mario Ledesma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$267,436
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$530,925

Purchase Details

Closed on
Jun 27, 2019
Sold by
Luu Dina
Bought by
Luu Loyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2018
Closed on
Mar 1, 2018
Sold by
Revocabl Devault David Charles
Bought by
Luu Loyd and Luu Dina
Seller's Agent
Ken Huynh
RE/MAX CHAMPIONS
Buyer's Agent
Kris Luong
Harvest Realty Development
List Price
$650,000
Sold Price
$550,000
Premium/Discount to List
-$100,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Original Mortgage
$412,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2017
Sold by
Devault David C
Bought by
Revocabl Devault David Charles and Revocabl David Charles Devault

Purchase Details

Listed on
May 11, 2015
Closed on
Jun 8, 2015
Sold by
Serrano Garcia Patricia Zulema and Mayorquin Patricia Serrano
Bought by
Devault David C
Seller's Agent
Amanda Cromer
REALTY MASTERS & ASSOCIATES
Buyer's Agent
Ken Huynh
RE/MAX CHAMPIONS
List Price
$400,000
Sold Price
$411,000
Premium/Discount to List
$11,000
2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$287,700
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2005
Sold by
Mayorquin Patricia Serrano and Garcia Juan
Bought by
Mayorquin Patricia Serrano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2001
Sold by
Orantes Ruben
Bought by
Mayorquin Patricia Serrano

Purchase Details

Closed on
May 26, 2000
Sold by
Calderon Baneza and Murillo Baneza
Bought by
Orantes Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,692
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 1999
Sold by
Walker James R
Bought by
Murillo Baneza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
7.2%
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
Laguna Mario Ledesma -- Ticor Title
Laguna Mario Ledesma $500,000 Ticor Title
Luu Loyd -- Provident Title Company
Luu Loyd $550,000 Stewart Title Company
Revocabl Devault David Charles -- None Available
Devault David C $411,000 Fidelity National Title Co
Mayorquin Patricia Serrano -- Financial Title
Mayorquin Patricia Serrano -- --
Orantes Ruben $160,000 Stewart Title Company
Calderon Baneza -- Stewart Title Company
Murillo Baneza $92,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laguna Mario Ledesma $300,000
Previous Owner Luu Loyd $401,000
Previous Owner Luu Loyd $412,500
Previous Owner Devault David C $287,700
Previous Owner Mayorquin Patricia Serrano $245,000
Previous Owner Calderon Baneza $10,000
Previous Owner Orantes Ruben $158,692
Previous Owner Murillo Baneza $106,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2018 03/07/18 Sold $550,000 -8.2% $208 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
01/30/2018 01/30/18 Price Changed $599,000 -7.8% $227 / Sq Ft
01/02/2018 01/02/18 For Sale $650,000 +58.2% $246 / Sq Ft
07/02/2015 07/02/15 Sold $411,000 +2.8% $155 / Sq Ft
05/14/2015 05/14/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $400,000 -- $151 / 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 $6,916 $541,216 $350,709 $190,507
2024 $6,916 $530,604 $343,832 $186,772
2023 $6,431 $520,200 $337,090 $183,110
2022 $6,678 $510,000 $330,480 $179,520
2021 $6,556 $578,149 $315,354 $262,795
2020 $7,328 $572,220 $312,120 $260,100
2019 $7,077 $561,000 $306,000 $255,000
2018 $5,745 $434,125 $274,629 $159,496
2017 $5,744 $425,613 $269,244 $156,369
2016 $3,585 $238,692 $94,344 $144,348
2015 $3,473 $235,107 $92,927 $142,180
2014 -- $230,502 $91,107 $139,395
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17281125

California Regional Multiple Listing Service (CRMLS)

APN: 0243-101-38