NOT LISTED FOR SALE

Estimated Value: $546,000 - $826,000

5 Beds
3 Baths
1,766 Sq Ft
$376/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $560,000 $317 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,032/month

9 Days on Market

Highlights

  • RV Access or Parking
  • Craftsman Architecture
  • Crown Molding
  • Open Floorplan
  • Double Pane Windows
  • Walk-In Closet

About This Home

As of October 2018

***Gorgeous Income Property***With Two Separate Single Family Homes in a Very Desirable Area of Ontario! Live in One and Rent the Other One, Beautiful Design Wrought Iron Fence for Privacy with a Nice Landscaping in Front Yard, Cozy Large Front Porch, Front Unit Features 3 bedrooms, Private Loft is Currently Used as a Bedroom, & 2 1/2 Bathrooms, Open Floor Plan with Crown Molding in Family Room, Dining Room & Kitchen, Neutral Colors Throughout the House, AC/Heat System, Double Pane Windows, Tile & Laminated Flooring, with a Nice Patio in The Back, Long Driveway to Park Several Vehicles, The Back Unit Features 2 Bedroom & 1 bathroom with Its Own Walk Way Private Entrance From the Street & Car Access From Alley with Its Own Gate with Space to Park a Few Vehicles, Near to Shopping Centers, Near By Schools, Parks, Downtown, & Freeway I-10......And much more! This Property Won't Last Long! Schedule Your Viewing Today!

Last Agent to Sell the Property

Carlos Tovar

JCE REALTY License #01420185 Listed on: 09/12/2018

Last Buyer's Agent

Arturo Hernandez

REALTY MASTERS & ASSOCIATES License #01745501

REALTY MASTERS & ASSOCIATES

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 6,300 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Landscaped
  • Front Yard Sprinklers
  • Sprinklers on Timer

Home Design

  • Craftsman Architecture
  • Shingle Roof

Interior Spaces

  • 1,766 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Double Pane Windows
  • Family Room
  • Attic Fan

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Driveway
  • Paved Parking
  • RV Access or Parking

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 1048504080000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $780
  • Insurance Expense $2,220
  • Trash Expense $360
  • Water Sewer Expense $2,400
  • New Taxes Expense $2,604
  • Operating Expense $8,364
  • Gross Income $39,000
  • Net Operating Income $30,636

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 2400.00
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Parcel Number: 1048504080000
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Attic Fan, Ceiling Fan(s), Crown Molding, Open Floorplan, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 317.10
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Main Floor Master Bedroom, Master Bathroom, Walk-In Closet
  • Window Features: Double Pane Windows

Exterior Features

  • Other Structures: Storage
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete, RV Access/Parking
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Common Area, Outside
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Sprinklers In Front, Sprinklers Timer
  • Lot Size Sq Ft: 6300.00

Multi Family

  • Electric Expense: 780.00
  • Gross Income: 39000.00
  • Gross Scheduled Income: 39000.00
  • Insurance Expense: 2220.00
  • Net Operating Income: 30636.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 8364.00
  • Rent Control: No
  • Total Expenses: 8364.00

Tax Info

  • New Taxes Expense: 2604.00
  • Tax Census Tract: 15.01
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2019
Sold by
Cook Andrew J and Cook Adriana
Bought by
Cook Andrew J and Cook Adriana
Current Estimated Value
$664,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$415,916
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$248,191

Purchase Details

Listed on
Sep 12, 2018
Closed on
Sep 21, 2018
Sold by
Gonzalez Hector and Gonzalez Maria
Bought by
Cook Andrew J and Cook Adriana
Seller's Agent
Carlos Tovar
JCE REALTY
Buyer's Agent
Arturo Hernandez
REALTY MASTERS & ASSOCIATES
List Price
$550,000
Sold Price
$560,000
Premium/Discount to List
$10,000
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%
Original Mortgage
$476,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2004
Sold by
Gonzalez Maria G
Bought by
Gonzalez Hector and Gonzalez Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
5.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2002
Sold by
Quiroz Joel
Bought by
Gonzalez Hector and Gonzalez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,987
Interest Rate
6.16%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 1996
Sold by
Capparelli Edward A and Capparelli Suzanna M
Bought by
Quiroz Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,286
Interest Rate
8.18%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cook Andrew J -- Old Republic Title Company
Cook Andrew J $560,000 Fidelity National Title
Gonzalez Hector -- Lawyers Pasadena
Gonzalez Hector $195,000 North American Title Co
Quiroz Joel $125,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Andrew J $475,000
Closed Cook Andrew J $476,000
Previous Owner Gonzalez Hector $239,000
Previous Owner Gonzalez Hector $191,987
Previous Owner Quiroz Joel $124,286
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2018 10/30/18 Sold $560,000 +1.8% $317 / Sq Ft
09/21/2018 09/21/18 Pending -- -- --
09/12/2018 09/12/18 For Sale $550,000 -- $311 / 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 $6,630 $624,690 $223,104 $401,586
2024 $6,630 $612,441 $218,729 $393,712
2023 $6,442 $600,432 $214,440 $385,992
2022 $6,494 $588,659 $210,235 $378,424
2021 $6,361 $577,117 $206,113 $371,004
2020 $6,240 $571,200 $204,000 $367,200
2019 $6,257 $560,000 $200,000 $360,000
2018 $2,710 $248,217 $82,739 $165,478
2017 $2,611 $243,350 $81,117 $162,233
2016 $2,507 $238,578 $79,526 $159,052
2015 $2,489 $234,994 $78,331 $156,663
2014 $2,410 $230,391 $76,797 $153,594
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18223567

California Regional Multiple Listing Service (CRMLS)

APN: 1048-504-08