NOT LISTED FOR SALE

Estimated Value: $759,000 - $814,168

4 Beds
3 Baths
1,798 Sq Ft
$441/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $565,000 $314 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,685/month

35 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Level Lot

About This Home

As of October 2020

Check out this excellent potential investment for income property! This triplex sits on a 6300 sq ft. lot and features 3 total units, 1 unit with 2bd/1ba, and 2 units with 1bd/1ba. Rent is under market value at the moment but can be raised by the new owner to further increase profits from this property. Property is close to various markets and schools (within walking distance of Lincoln Elementary School). Come see this hidden gem in Ontario today!

Last Agent to Sell the Property

May Ngo

A + Realty & Mortgage License #01881625 Listed on: 08/07/2020

Last Buyer's Agent

Thi Nguyen

Elevate Real Estate Agency License #01852193

Elevate Real Estate Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 6,300 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Home Design

  • 1,798 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 1501
  • Assessor Parcel Number 1048505070000

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Structure Type: Triplex
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 1048505070000
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1798.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 314.24

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 6300.00
  • Lot Size Acres: 0.1446

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6300.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 001501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Oct 8, 2020
Sold by
Yang Haojun
Bought by
Lim James C and Lim Nancy Ngo
Seller's Agent
May Ngo
A + Realty & Mortgage
Buyer's Agent
Thi Nguyen
Elevate Real Estate Agency
List Price
$568,000
Sold Price
$565,000
Premium/Discount to List
-$3,000
-0.53%
Current Estimated Value
$792,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,042
Avg. Annual Appreciation
6.69%
Original Mortgage
$423,750
Outstanding Balance
$341,110
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$450,932

Purchase Details

Closed on
Jan 10, 2017
Sold by
Yang Haojun
Bought by
Yang Haojun

Purchase Details

Closed on
Jun 6, 2014
Sold by
Yang Shouxin
Bought by
Yang Haojun and Yang Shouxin

Purchase Details

Listed on
Apr 13, 2012
Closed on
Jul 12, 2012
Sold by
Blue Jay Bay Ventures Llc
Bought by
Yang Shouxin and Dai Xiaohua
Seller's Agent
Doug Wetton
DW Investments
Buyer's Agent
Lin Chang
A + Realty & Mortgage
List Price
$295,999
Sold Price
$279,000
Premium/Discount to List
-$16,999
-5.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%

Purchase Details

Closed on
Mar 26, 2012
Sold by
Condon Tyrone
Bought by
Blue Jay Bay Ventures Llc

Purchase Details

Closed on
Nov 8, 2006
Sold by
Mcclain David J
Bought by
Condon Tyrone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
6.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 19, 2004
Sold by
Avina Francisco J
Bought by
Mcclain David J and Mcclain Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 1999
Sold by
Richart Sharyn L
Bought by
Richart James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,025
Interest Rate
7.97%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 3, 1999
Sold by
Richart James J
Bought by
Avina Francisco J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,025
Interest Rate
7.97%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lim James C $565,000 Stewart Title Of Ca Inc
Yang Haojun -- Old Republic Title Company
Yang Haojun -- None Available
Yang Shouxin $279,000 Spl Title Services
Blue Jay Bay Ventures Llc $215,100 First American Title Company
Condon Tyrone $525,000 Southland Title Corporation
Condon Tyrone -- Southland Title Corporation
Mcclain David J $375,000 Southland Title Corporation
Richart James J -- First American Title Ins Co
Avina Francisco J $144,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lim James C $423,750
Previous Owner Condon Tyrone $52,500
Previous Owner Condon Tyrone $420,000
Previous Owner Mcclain David J $262,500
Previous Owner Avina Francisco J $142,025
Closed Mcclain David J $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2020 10/16/20 Sold $565,000 -0.5% $314 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $568,000 +103.6% $316 / Sq Ft
07/19/2012 07/19/12 Sold $279,000 -5.7% $155 / Sq Ft View Prior Sale
07/01/2012 07/01/12 Pending -- -- --
04/13/2012 04/13/12 For Sale $295,999 -- $165 / 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 $6,573 $611,574 $184,013 $427,561
2024 $6,573 $599,582 $180,405 $419,177
2023 $6,389 $587,826 $176,868 $410,958
2022 $6,304 $576,300 $173,400 $402,900
2021 $6,265 $403,102 $123,913 $279,189
2020 $4,400 $398,968 $122,642 $276,326
2019 $4,362 $391,145 $120,237 $270,908
2018 $4,302 $383,475 $117,879 $265,596
2017 $3,272 $296,031 $74,273 $221,758
2016 $3,143 $290,227 $72,817 $217,410
2015 $3,122 $285,867 $71,723 $214,144
2014 $3,024 $280,267 $70,318 $209,949
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR20157796

California Regional Multiple Listing Service (CRMLS)

APN: 1048-505-07