NOT LISTED FOR SALE

8131 Ilex St Fontana, CA 92335

Estimated Value: $671,170 - $888,000

5 Beds
4 Baths
1,858 Sq Ft
$399/Sq Ft Est. Value

Last Sold March 20, 2013

Last sale price $230,000 $124 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $4,279/month

204 Days on Market

Highlights

  • Parking available for a boat
  • Boat Slip
  • Gated Parking
  • Summit High School Rated A-

About This Home

As of March 2013

CASH ONLY -- CASH ONLY DEAL- DUE TO SOME UNPERMITTED ADDITIONS Please see attachment. Buyer and buyer's agent to check with City of Fontana COMMERCIAL. - GREAT OPPORTUNITY FOR INVESTORS - STANDARD SALE __ STANDARD SALE - LOCATION - LOCATION - Excellent Investor/s - Opportunity to acquire a great piece of property with 3 units on a huge flat lot:27750, each Unit has its own meter separate address (8131, 8139 & 8147 ilex) all Currently tenant occupied, unit with 3bed 2bth, other units wall AC. - this is all about LOCATION_LOCATION_LOCATIOn...only minutes from major freeway, the Famous and popular Victoria Gardens Outdoor Mall. Border line with Rancho Cucamonga and many more amenities that come with this great piece of property SOLD-AS-IS.

Last Agent to Sell the Property

JOSE CAMACHO

Prime Properties Asset Mgmt License #01505129 Listed on: 07/31/2012

Last Buyer's Agent

Leticia Hernandez

Cardona Realty License #01771782

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,347

Year Built

  • Built in 1950

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 150x185

Home Design

  • 1,858 Sq Ft Home
  • Frame Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 10 Parking Spaces
  • 1 Carport Space
  • Parking Available
  • Gravel Driveway
  • Gated Parking
  • Parking Lot
  • Parking available for a boat

Additional Features

  • Boat Slip
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 329
  • Tax Tract Number 2102
  • Assessor Parcel Number 0229052080000

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • New Taxes Expense $2,500
  • Gross Income $3,025
  • Net Operating Income $3,025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,347

Year Built

Built in 1950

Lot Details

0

Listing Details

  • CapRate: 0.84
  • Property Type: Residential Income
  • Parcel Number: 0229052080000
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 123.79

Exterior Features

  • Exterior Features: Boat Slip
  • Construction Materials: Frame

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Boat, Carport, Gravel, Gated, Parking Space
  • Total Parking Spaces: 10.00

Utilities

  • Sewer: Conventional Septic

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 150x185
  • Lot Size Sq Ft: 27750.00
  • Lot Size Acres: 0.6370

Multi Family

  • Gross Income: 3025.00
  • Gross Multiplier: 119.01
  • Gross Scheduled Income: 3025.00
  • Lot Size Area: 27750.0000 Square Feet
  • Net Operating Income: 3025.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Number With Disposal: 3

Tax Info

  • New Taxes Expense: 2500.00
  • Tax Area: 10216
  • Tax Lot: 329
  • Tax Tract Number: 2102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2015
Sold by
Hernandez Mario G
Bought by
Hernandez Mario G Hernandez and Hernandez Leticia I
Current Estimated Value
$741,043

Purchase Details

Listed on
Jul 31, 2012
Closed on
Feb 26, 2013
Sold by
Nieblas Daniel
Bought by
Hernandez Mario G and Hernandez Leticia I
Seller's Agent
JOSE CAMACHO
Prime Properties Asset Mgmt
Buyer's Agent
Leticia Hernandez
Cardona Realty
List Price
$360,000
Sold Price
$230,000
Premium/Discount to List
-$130,000
-36.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.73%

Purchase Details

Closed on
Oct 26, 2004
Sold by
Montoya Aidee Vallejo
Bought by
Vallejo Roberto M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2004
Sold by
Nieblas Maria
Bought by
Nieblas Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2004
Sold by
Vallejo Robert
Bought by
Nieblas Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1995
Sold by
Vallejo Roberto
Bought by
Vallejo Roberto and Niebles Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,624
Interest Rate
7.42%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 1995
Sold by
Nieblas Maria
Bought by
Nieblas Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,624
Interest Rate
7.42%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 22, 1995
Sold by
Vickers Elmo
Bought by
Vallejo Roberto and Nieblas Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,850
Interest Rate
8.81%
Mortgage Type
FHA
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
Hernandez Mario G Hernandez -- Advantage Title Inc
Hernandez Mario G $230,000 Title 365 Company
Vallejo Roberto M -- New Century Title Co Glendal
Nieblas Daniel -- New Century Title Co Glendal
Nieblas Daniel -- New Century Title Co Glendal
Vallejo Roberto -- Northern Counties Title
Nieblas Daniel -- Orange Coast Title Co
Vallejo Roberto $99,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vallejo Roberto M $60,000
Previous Owner Nieblas Daniel $60,000
Previous Owner Nieblas Daniel $60,000
Previous Owner Vallejo Roberto $98,624
Previous Owner Vallejo Roberto $98,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2013 03/20/13 Sold $230,000 -36.1% $124 / Sq Ft
02/20/2013 02/20/13 Pending -- -- --
07/31/2012 07/31/12 For Sale $360,000 -- $194 / 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 $4,347 $283,231 $239,268 $43,963
2024 $4,347 $277,677 $234,576 $43,101
2023 $2,869 $272,232 $229,976 $42,256
2022 $2,857 $266,894 $225,467 $41,427
2021 $2,821 $261,661 $221,046 $40,615
2020 $2,815 $258,978 $218,779 $40,199
2019 $2,729 $253,900 $214,489 $39,411
2018 $2,771 $248,921 $210,283 $38,638
2017 $2,755 $244,040 $206,160 $37,880
2016 $2,709 $239,255 $202,118 $37,137
2015 $2,675 $235,661 $199,082 $36,579
2014 $2,677 $231,044 $195,182 $35,862
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    JOSE CAMACHO

    Prime Properties Asset Mgmt

    Section Image

  • L

    Buyer's Agent in 2013

    Leticia Hernandez

    Cardona Realty

    (626) 485-6171

    3 Total Sales

    Leticia Hernandez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S707317

California Regional Multiple Listing Service (CRMLS)

APN: 0229-052-08

California San Bernardino County Fontana 92335

8131 Ilex St, Fontana, CA

This home is located at 8131 Ilex St, Fontana, CA 92335 since 31 July 2012 and is currently estimated at $741,043, approximately $398 per square foot. This property was built in 1950. 8131 Ilex St is a home located in San Bernardino County with nearby schools including Almond Elementary School, Sequoia Middle School, and Summit High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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