NOT LISTED FOR SALE

844 E Elma St Ontario, CA 91764

Downtown Ontario Neighborhood

Estimated Value: $496,000 - $673,000

4 Beds
2 Baths
1,324 Sq Ft
$441/Sq Ft Est. Value

Sale Details

Date Sold: September 5, 2014

Last sale price $305,000 $230 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,486 / mo

454 Days on Market

About This Home

As of September 2014

BACK ON THE MARKET - Two separate houses on a lot in high demand rental and convenient area of the City of Ontario. Each has 2 bedrooms 1 bath with good long term tenants. Great Investment Opportunity.

Last Agent to Sell the Property

Tanya Chen

IRN Realty License #01438953 Listed on: 06/17/2014

IRN Realty

Last Buyer's Agent

Rosie Chen

IRN Realty License #00871345

IRN Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 6,426 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 4 Parking Spaces

Home Design

  • 1,324 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 2
  • Assessor Parcel Number 1048505090000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $540
  • Water Sewer Expense $2,731
  • New Taxes Expense $3,936
  • Gross Income $2,059
  • Net Operating Income $17,393

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

6,426 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2731.00
  • Property Type: Residential Income
  • Parcel Number: 1048505090000
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 230.36

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 6426.00
  • Lot Size Acres: 0.1480

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 750
  • Gross Income: 2059.00
  • Gross Scheduled Income: 24600.00
  • Insurance Expense: 540.00
  • Lot Size Area: 6426.0000 Square Feet
  • Net Operating Income: 17393.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 7207.00
  • Rent Control: No
  • Total Actual Rent: 2050.00

Tax Info

  • New Taxes Expense: 3936.00
  • Tax Lot: 2
  • Tax Tract Number: 602D7
  • Tax Year: 2011

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2014
Closed on
Sep 12, 2014
Sold by
Bought by
Seller's Agent
Tanya Chen
IRN Realty
Buyer's Agent
Rosie Chen
IRN Realty
List Price
$328,000
Sold Price
$305,000
Premium/Discount to List
-$23,000
-7.01%
Current Estimated Value
$584,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,286
Avg. Annual Appreciation
5.64%
Original Mortgage
$224,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2014
Closed on
Jul 16, 2014
Sold by
Bought by
Seller's Agent
Tanya Chen
IRN Realty
Buyer's Agent
Rosie Chen
IRN Realty
List Price
$328,000
Sold Price
$305,000
Premium/Discount to List
-$23,000
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 31, 2009
Sold by
Bought by

Purchase Details

Closed on
Jan 16, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2008
Sold by
Bought by

Purchase Details

Closed on
Aug 14, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.44%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 16, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,850
Interest Rate
7.87%

Purchase Details

Closed on
Jul 15, 1995
Sold by
Bought by

Purchase Details

Closed on
Jun 9, 1995
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Pacific Coast Title
$299,000 Pacific Coast Title
$200,000 Fidelity National Title
-- Landsafe Title
-- Landsafe Title
$204,000 Landsafe Title
$220,000 Landsafe
$495,000 Commonwealth Land Title Co
-- Commonwealth Land Title Co
$250,000 North American Title
$117,000 Fidelity National Title Ins
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $224,250
Closed $151,500
Closed $48,000
Closed $384,000
Closed $396,000
Closed $99,000
Closed $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/05/2014 09/05/14 Sold $305,000 -7.0% $230 / Sq Ft
07/16/2014 07/16/14 Pending -- -- --
04/18/2013 04/18/13 For Sale $328,000 -- $248 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,957 $359,353 $126,194 $233,159
2024 $3,868 $352,307 $123,720 $228,587
2023 $3,759 $345,399 $121,294 $224,105
2022 $3,709 $338,627 $118,916 $219,711
2021 $3,686 $331,987 $116,584 $215,403
2020 $3,622 $328,583 $115,389 $213,194
2019 $3,591 $322,140 $113,126 $209,014
2018 $3,541 $315,824 $110,908 $204,916
2017 $3,414 $309,631 $108,733 $200,898
2016 $3,279 $303,560 $106,601 $196,959
2015 $2,346 $214,807 $80,553 $134,254
2014 $2,273 $210,599 $78,975 $131,624
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Tanya Chen

    IRN Realty

    Section Image

  • R

    Buyer's Agent in 2014

    Rosie Chen

    IRN Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR13076039

California Regional Multiple Listing Service (CRMLS)

APN: 1048-505-09

California San Bernardino County Ontario 91764 Downtown Ontario

844 E Elma St, Ontario, CA

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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

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