NOT LISTED FOR SALE

8439 Mulberry Ave Fontana, CA 92335

Estimated Value: $913,000 - $1,061,000

4 Beds
3 Baths
2,433 Sq Ft
$408/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $850,000 $349 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,024/month

Highlights

  • Laundry Room
  • No Heating
  • 1-Story Property
  • Summit High School Rated A-

About This Home

As of July 2021

Great Investment Opportunity! 2.2 Acres of land in Fontana The Value in this land is HUGE This is a Highly Desired area close to Foothill & the 15 FWY with easy access to the 210 FWY & 10 FWY. This property features 2 homes on 1 LARGE LOT! The Front Home was built in 1970 is 1650 sqft featuring 3 Bedrooms & 2 Bathrooms with Laundry. The Back House was built in 1929 and is 783 sqft and has 1 Bedroom & 1 Bathroom with indoor laundry. Don't miss out on this opportunity to Add this great property to your portfolio!

Last Agent to Sell the Property

JoAnna Nassar

BERKSHIRE HATHAWAY CA PROP License #01964182 Listed on: 03/01/2021

BERKSHIRE HATHAWAY CA PROP

Last Buyer's Agent

JoAnna Nassar

BERKSHIRE HATHAWAY CA PROP License #01964182 Listed on: 03/01/2021

BERKSHIRE HATHAWAY CA PROP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,551

Year Built

  • Built in 1970

Lot Details

  • 2.2 Acre Lot
  • No Common Walls
  • Value in Land

Parking

  • 2 Car Garage

Interior Spaces

  • 2,433 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • No Heating
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 268
  • Tax Tract Number 2102
  • Assessor Parcel Number 0230021190000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $80
  • Insurance Expense $50
  • Trash Expense $80
  • Water Sewer Expense $250
  • New Taxes Expense $191
  • Operating Expense $651
  • Gross Income $29,520
  • Net Operating Income $21,708

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,551

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 250.00
  • Zoning: RS
  • Property Type: Residential Income
  • Parcel Number: 0230021190000
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 349.36

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Sewer: Conventional Septic
  • Trash Expense: 80.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Value In Land
  • Lot Size Sq Ft: 95832.00
  • Lot Size Acres: 2.2000

Multi Family

  • Fuel Expense: 80.00
  • Gross Income: 29520.00
  • Gross Scheduled Income: 29520.00
  • Insurance Expense: 50.00
  • Lot Size Area: 95832.0000 Square Feet
  • Net Operating Income: 21708.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7812.00
  • Rent Control: No
  • Total Expenses: 651.00

Tax Info

  • New Taxes Expense: 191.00
  • Tax Census Tract: 22.04
  • Tax Lot: 268
  • Tax Tract Number: 2102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2023
Sold by
Cadena Towing Inc
Bought by
Cadena Investments Llc
Current Estimated Value
$993,838

Purchase Details

Closed on
Mar 24, 2021
Sold by
Valdez Robert J and Robert J Valdez Revocable Trus
Bought by
Cadena Towing Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,599
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2013
Sold by
Valdez Robert J and Arauz Jessica
Bought by
Valdez Robert J and Robert J Valdez Revocable Trus

Purchase Details

Closed on
Feb 4, 2011
Sold by
Valdez Robert
Bought by
Valdez Robert J and Arauz Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,790
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2003
Sold by
De Oro Properties Llc
Bought by
Valdez Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,800
Interest Rate
5.72%

Purchase Details

Closed on
Sep 6, 2002
Sold by
Liu Wang Robert C and Liu Wang Mei I
Bought by
De Oro Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
6.17%
Source: Public Records

Range of Values:

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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
Cadena Investments Llc -- Accommodation/Courtesy Recordi
Cadena Towing Inc $850,000 Chicago Title Company
Valdez Robert J -- None Available
Valdez Robert J -- Stewart Title Company
Valdez Robert $275,000 Orange Coast Title
De Oro Properties Llc $188,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cadena Towing Inc $447,599
Previous Owner Valdez Robert J $157,790
Previous Owner Valdez Robert $222,800
Previous Owner De Oro Properties Llc $201,000
Closed Valdez Robert $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2021 07/19/21 Sold $850,000 0.0% $349 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $850,000 -- $349 / 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 $9,551 $902,027 $530,604 $371,423
2024 $9,551 $884,340 $520,200 $364,140
2023 $9,127 $867,000 $510,000 $357,000
2022 $9,085 $850,000 $500,000 $350,000
2021 $2,517 $231,990 $173,992 $57,998
2020 $2,511 $229,611 $172,208 $57,403
2019 $2,435 $225,108 $168,831 $56,277
2018 $2,472 $220,695 $165,521 $55,174
2017 $2,459 $216,367 $162,275 $54,092
2016 $2,418 $212,124 $159,093 $53,031
2015 $2,387 $208,937 $156,703 $52,234
2014 $2,384 $204,844 $153,633 $51,211
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    JoAnna Nassar

    BERKSHIRE HATHAWAY CA PROP

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21020871

California Regional Multiple Listing Service (CRMLS)

APN: 0230-021-19

California San Bernardino County Fontana 92335

8439 Mulberry Ave, Fontana, CA

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