NOT LISTED FOR SALE

8185 Banana Ave Fontana, CA 92335

Estimated Value: $427,000 - $687,000

2.4 Acres
$229,628 Price per Acre
104,588 Sq Ft Lot

Last Sold October 14, 2014

Last sale price $640,000 $1,143 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $3,429/month

140 Days on Market

Highlights

  • 2.4 Acre Lot
  • No HOA
  • Rectangular Lot
  • Summit High School Rated A-

About This Lot

As of October 2014

Prime land for development, tentative tract map that shows 23 townhomes. illustrates one idea, you may have others. Newer development next door, newer school directly adjacent. Just South of Foothill Bl. and the Village of Heritage. 2 homes and a garage on site now, that could be rented while waiting for city to approve plans. Seller may carry with large down. There was another plan for 28 condos approved in 2008, that according to Fontana planning department is still a viable plan for this site. Back on market as of 08/21/2014

Last Agent to Sell the Property

Timothy Thorson

Realty Masters & Associates License #01219117 Listed on: 04/23/2014

Realty Masters & Associates

Last Buyer's Agent

Timothy Thorson

Realty Masters & Associates License #01219117 Listed on: 04/23/2014

Realty Masters & Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,066

Lot Details

  • 2.4 Acre Lot
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Value in Land

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Assessor Parcel Number 0230041320000

Property Details

Property Type

Land

Est. Annual Taxes

$6,066

Lot Details

0

Listing Details

  • Road Frontage Type: City Street
  • View: No
  • Zoning: RES
  • Property Type: Land
  • Parcel Number: 0230041320000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 6.12

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Rectangular Lot, Value In Land, Lot Over 40000 Sqft, Paved
  • Lot Size Sq Ft: 104580.00
  • Lot Size Acres: 2.4010

Multi Family

  • Lot Size Area: 104580.0000 Square Feet

Tax Info

  • Tax Rate: 1.18
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2021
Sold by
Olive Communities Llc
Bought by
Pacific Rental Properties Llc
Current Estimated Value
$551,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,100,000
Interest Rate
3.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 16, 2020
Sold by
Sa Golden Investments Inc
Bought by
Olive Communities Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pacific Rental Properties Llc $13,500,000 First American Title Company
Olive Communities Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacific Rental Properties Llc $8,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2014 10/14/14 Sold $640,000 -7.9% $1,143 / Sq Ft
09/10/2014 09/10/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $695,000 -- $1,241 / 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 $6,066 $542,572 $208,291 $334,281
2024 $6,066 $531,933 $204,207 $327,726
2023 $5,888 $521,503 $200,203 $321,300
2022 $4,299 $348,122 $33,122 $315,000
2021 $357 $32,473 $32,473 $0
2020 $0 $1,020,000 $540,600 $479,400
2019 $7,399 $689,532 $344,766 $344,766
2018 $7,513 $676,012 $338,006 $338,006
2017 $7,470 $662,756 $331,378 $331,378
2016 $7,345 $649,760 $324,880 $324,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG14082940

California Regional Multiple Listing Service (CRMLS)

APN: 0230-371-21