NOT LISTED FOR SALE

Estimated Value: $600,000 - $711,000

4 Beds
3 Baths
1,602 Sq Ft
$400/Sq Ft Est. Value

Last Sold November 14, 2014

Last sale price $298,000 $186 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,666/month

202 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • 1-Story Property

About This Home

As of November 2014

Duplex with front unit has 3 bedroom, 2 bath and back unit 1bed/1bath. Both units have been renovated recently, and occupied with long term tenants, located in the high demand rental area of Ontario. Drive by only. Please do not disturb tenants.

Last Agent to Sell the Property

Tanya Chen

IRN Realty License #01438953 Listed on: 02/18/2014

IRN Realty

Last Buyer's Agent

Jose Rodriguez

Unique Properties License #01882888

Unique  Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 6,300 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Parking Spaces

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,602 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 1048505150000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $340
  • Maintenance Expense $1,200
  • Professional Management Expense $1,200
  • Trash Expense $700
  • Water Sewer Expense $2,300
  • New Taxes Expense $1,391
  • Gross Income $2,100
  • Net Operating Income $17,565

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Professional Management Expense: 1200.00
  • Property Attached: No
  • Water Sewer Expenses: 2300.00
  • Property Type: Residential Income
  • Parcel Number: 1048505150000
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Entry Level: 2
  • Levels: One
  • Price Per Square Foot: 186.02
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Trash Expense: 700.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6300.00
  • Lot Size Acres: 0.1450

Multi Family

  • Average1 Bed Area: 700
  • Average3 Bed Area: 1400
  • Gross Income: 2100.00
  • Gross Scheduled Income: 25200.00
  • Insurance Expense: 340.00
  • Lot Size Area: 6300.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 17565.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 7131.00
  • Rent Control: No
  • Total Actual Rent: 2100.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 1391.00
  • Tax Lot: 13
  • Tax Tract Number: 602D7
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2022
Sold by
Guzman Maria D
Bought by
Torogoz Revocable Living Trust
Current Estimated Value
$641,424

Purchase Details

Listed on
Feb 18, 2014
Closed on
Nov 5, 2014
Sold by
Gu Zhen Gang
Bought by
Guzman Maria D
Seller's Agent
Tanya Chen
IRN Realty
Buyer's Agent
Jose Rodriguez
Unique Properties
List Price
$325,000
Sold Price
$298,000
Premium/Discount to List
-$27,000
-8.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$292,602
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 19, 2009
Sold by
Marathon Reo Management Llc
Bought by
Gu Zhen Gang and Zhang Yan Hua

Purchase Details

Closed on
May 28, 2009
Sold by
Marathon Structured Asset Solutions Trus
Bought by
Marathon Reo Management Llc

Purchase Details

Closed on
Dec 3, 2008
Sold by
Avila Cesar
Bought by
Marathon Structured Asset Solutions Trus

Purchase Details

Closed on
Aug 23, 2004
Sold by
Avila Maria
Bought by
Avila Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,750
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2003
Sold by
Barbosa Frank
Bought by
Avila Cesar and Avila Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Torogoz Revocable Living Trust -- None Listed On Document
Guzman Maria D $298,000 Pacific Coast Title
Gu Zhen Gang $120,000 Fidelity National Title Co
Marathon Reo Management Llc -- Fidelity National Title Co
Marathon Structured Asset Solutions Trus $242,000 Commonwealth Temecula
Avila Cesar -- Fidelity National Title Co
Avila Cesar $190,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guzman Maria D $292,602
Previous Owner Avila Cesar $233,750
Previous Owner Avila Cesar $152,000
Closed Avila Cesar $38,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2014 11/14/14 Sold $298,000 -8.3% $186 / Sq Ft
09/08/2014 09/08/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $325,000 -- $203 / 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 $3,794 $358,153 $112,975 $245,178
2024 $3,794 $351,131 $110,760 $240,371
2023 $3,686 $344,246 $108,588 $235,658
2022 $3,711 $337,496 $106,459 $231,037
2021 $3,688 $330,879 $104,372 $226,507
2020 $3,624 $327,486 $103,302 $224,184
2019 $3,593 $321,064 $101,276 $219,788
2018 $3,543 $314,768 $99,290 $215,478
2017 $3,416 $308,596 $97,343 $211,253
2016 $3,282 $302,545 $95,434 $207,111
2015 $1,422 $128,885 $80,553 $48,332
2014 $1,378 $126,360 $78,975 $47,385
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR14037382

California Regional Multiple Listing Service (CRMLS)

APN: 1048-505-15