NOT LISTED FOR SALE

8363 Cherry Ave Unit A-D Fontana, CA 92335

Estimated Value: $794,000 - $968,000

3 Beds
2 Baths
2,545 Sq Ft
$347/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $985,000 $387 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $5,335/month

19 Days on Market

Highlights

  • Laundry Room
  • Rectangular Lot
  • 1-Story Property
  • Summit High School Rated A-

About This Home

As of November 2021

Great property for investor to improve! The property currently has four buildings on the lot that are tenant occupied. One building is a two bedrooms one bath home with a studio apartment attached, then there are two more buildings that are two bedrooms one bath units and a large over sized garage. There are two additional vacant parcels being included in the sale. The buildings are in need of repairs, value is in the land. This will be a great opportunity for an investor. Call today for more information!

Last Agent to Sell the Property

Deborah Knight

George Tektonopoulos, Broker License #01501600 Listed on: 09/14/2021

Last Buyer's Agent

Mike Velez

BLDG Realty License #01155209

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,917

Year Built

  • Built in 1950

Lot Details

  • 1 Acre Lot
  • No Common Walls
  • No Landscaping
  • Rectangular Lot
  • Level Lot
  • Density is 2-5 Units/Acre
  • Value in Land

Parking

  • 4 Car Garage
  • Parking Available
  • Driveway Level
  • Community Parking Structure

Interior Spaces

  • 2,545 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 121
  • Assessor Parcel Number 0230063240000
  • $318 per year additional tax assessments

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Water Meter
  • Trash Expense $150
  • Water Sewer Expense $300
  • Operating Expense $450
  • Gross Income $3,300
  • Net Operating Income $2,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,917

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Price Per Unit: 299750
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 300.00
  • Zoning: RM
  • Property Type: Residential Income
  • Parcel Number: 0230063240000
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 387.03

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Community Structure, Driveway Level
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Septic Type Unknown
  • Trash Expense: 150.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Level with Street, Lot Over 40000 Sqft, Rectangular Lot, Level, No Landscaping, Value In Land
  • Lot Size Sq Ft: 43625.00
  • Lot Size Acres: 1.0015

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 3300.00
  • Gross Scheduled Income: 3300.00
  • Lot Size Area: 43625.0000 Square Feet
  • Net Operating Income: 2850.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 450.00
  • Rent Control: No
  • Total Expenses: 450.00

Tax Info

  • Tax Census Tract: 24.01
  • Tax Lot: 121
  • Tax Tract Number: 21O2
  • TaxOtherAnnualAssessmentAmount: 318.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2021
Sold by
Vallance Family Trust and Vallance Diane M
Bought by
Singh Satnam and Kaur Tajinder
Current Estimated Value
$884,333

Purchase Details

Closed on
Jul 3, 2003
Sold by
Sanchez Wbistano
Bought by
Vallance Gary G and Vallance Diane M

Purchase Details

Closed on
Jul 30, 1994
Sold by
Sanchez Eliseo R
Bought by
Sanchez Wbistano and Sanchez Altagracia
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Singh Satnam $1,000,000 Chicago Title
Vallance Gary G $290,000 Atc
Sanchez Wbistano -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $985,000 -17.8% $387 / Sq Ft
10/03/2021 10/03/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $1,199,000 -- $471 / 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 $7,917 $764,070 $764,070 --
2024 $7,917 $749,088 $749,088 --
2023 $7,712 $734,400 $734,400 $0
2022 $3,914 $720,000 $720,000 $0
2021 $3,865 $357,450 $136,777 $220,673
2020 $3,855 $353,785 $135,375 $218,410
2019 $3,738 $346,848 $132,721 $214,127
2018 $3,796 $340,047 $130,119 $209,928
2017 $3,774 $333,380 $127,568 $205,812
2016 $3,711 $326,843 $125,067 $201,776
2015 $3,664 $321,933 $123,188 $198,745
2014 $3,652 $315,627 $120,775 $194,852
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Deborah Knight

    George Tektonopoulos, Broker

    Section Image
  • Mike Velez

    Buyer's Agent in 2021

    Mike Velez

    BLDG Realty

    (909) 247-0374

    73 Total Sales

    Mike Velez
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG21203095

California Regional Multiple Listing Service (CRMLS)

APN: 0230-063-24

California San Bernardino County Fontana 92335

8363 Cherry Ave Unit A-D, Fontana, CA

This home is located at 8363 Cherry Ave Unit A-D, Fontana, CA 92335 since 14 September 2021 and is currently estimated at $884,333, approximately $347 per square foot. This property was built in 1950. 8363 Cherry Ave Unit A-D is a home located in San Bernardino County with nearby schools including Redwood Elementary School, Almeria 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

Nearby Homes