NOT LISTED FOR SALE

8149 Arrow Route Rancho Cucamonga, CA 91730

Estimated Value: $508,039 - $554,000

3 Beds
2 Baths
1,798 Sq Ft
$295/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $225,000 $125 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $3,222/month

125 Days on Market

About This Home

As of March 2014

NO SIGN ON PROPERTY, Drive By Only.This is a Great Income Property, large lot 12960 sq. ft. and is zoned Commercial, buyer to verify with City of Rancho Cucamonga for commercial usage. Second unit is NOT RENTED and in need of repairs, buyer to verify with the city if unit can be repaired or rebuilt. "Sold As Is". No Repairs. Tenant pays Gas and Electric. Ideal property for owner/user or investment property. Property next door, 8137 Arrow Rte, has three individual units for sale and also Zoned Commercial. Close proximity to shopping, parks and community hospital.

Last Agent to Sell the Property

Mirl McMaster

Caldwell Realty License #00715104 Listed on: 11/09/2013

Last Buyer's Agent

susana verdugo

RE/MAX CHAMPIONS License #01256913

RE/MAX CHAMPIONS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,891

Year Built

  • Built in 1944

Lot Details

  • 0.3 Acre Lot
  • No Common Walls
  • West Facing Home
  • Paved or Partially Paved Lot

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,798 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 0207222070000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $360
  • Insurance Expense $450
  • Trash Expense $528
  • Water Sewer Expense $798
  • New Taxes Expense $4,062
  • Gross Income $1,100
  • Net Operating Income $10,465

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,891

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 562-631-5657
  • Other Phone Number: 562-631-5657
  • Property Attached: No
  • Water Sewer Expenses: 798.00
  • Zoning: Commercia
  • Property Type: Residential Income
  • Gardener Expense: 360.00
  • Parcel Number: 0207222070000
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 125.14

Exterior Features

  • Direction Faces: West
  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 528.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 12960.00
  • Lot Size Acres: 0.2980

Multi Family

  • Gross Income: 1100.00
  • Gross Scheduled Income: 13200.00
  • Insurance Expense: 450.00
  • Lot Size Area: 12960.0000 Square Feet
  • Net Operating Income: 10465.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 2735.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4062.00
  • Tax Lot: 20
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2013
Closed on
Mar 14, 2014
Sold by
Dioses Maria C
Bought by
Mcm Quality Investments Llc
Seller's Agent
Mirl McMaster
Caldwell Realty
Buyer's Agent
susana verdugo
RE/MAX CHAMPIONS
List Price
$325,000
Sold Price
$225,000
Premium/Discount to List
-$100,000
-30.77%
Total Days on Market
125
Current Estimated Value
$531,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,020
Avg. Annual Appreciation
8.24%

Purchase Details

Closed on
May 29, 1996
Sold by
Dioses Raymond M and Dioses Maria C
Bought by
Dioses Raymond M and Dioses Maria C

Purchase Details

Closed on
Dec 22, 1995
Sold by
Dioses Raymond M and Dioses Maria C
Bought by
Dioses Raymond M and Dioses Maria C

Purchase Details

Closed on
Nov 16, 1994
Sold by
Segura Manuel B and Moreno Anita S
Bought by
Dioses Raymond M and Dioses Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
8.91%
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
Mcm Quality Investments Llc $225,000 Chicago Title Co
Dioses Raymond M -- --
Dioses Raymond M -- United Title
Dioses Raymond M $62,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcm Quality Investments Llc $115,000
Previous Owner Dioses Raymond M $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2014 03/28/14 Sold $225,000 -30.8% $125 / Sq Ft
03/14/2014 03/14/14 Pending -- -- --
11/09/2013 11/09/13 For Sale $325,000 -- $181 / 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
2024 $2,891 $270,410 $96,145 $174,265
2023 $2,825 $265,108 $94,260 $170,848
2022 $2,774 $259,910 $92,412 $167,498
2021 $2,750 $254,814 $90,600 $164,214
2020 $2,701 $252,201 $89,671 $162,530
2019 $2,687 $247,256 $87,913 $159,343
2018 $2,620 $242,408 $86,189 $156,219
2017 $2,538 $237,655 $84,499 $153,156
2016 $2,505 $232,995 $82,842 $150,153
2015 $2,488 $90,847 $55,904 $34,943
2014 $981 $89,068 $54,809 $34,259
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13229312

California Regional Multiple Listing Service (CRMLS)

APN: 0207-222-07