NOT LISTED FOR SALE

8450 Frankfort Ave Fontana, CA 92335

Estimated Value: $396,000 - $489,000

2 Beds
1 Bath
957 Sq Ft
$465/Sq Ft Est. Value

Last Sold June 06, 2012

Last sale price $81,300 $85 Per Sq Ft

Est. 448% increase in value since last sale

Current estimated payment $2,615/month

10 Days on Market

About This Home

As of June 2012

HUD HOME! Sold 'AS IS' By Electronic Bid only. Insured bids due by 04/15/2012 11:59PM CST

EXCELLENT OPPORTUNITY For a first-time buyer! Functional floor plan. Single story home with 2 bedrooms, 1 bath. Property was built in 1953 with approximately 957 sq. Ft. of living area, Lot size is 8,100 Sq. Ft. Property offers a functional floor plan that features spacious living room. Kitchen is cheerful and bright. Living room has direct access to kitchen which makes it nice when entertaining. The backyard is huge and has a covered patio for more entertaining. A little TLC will bring this back yard to its former glory. Bring the swings and kids. Conveniently located near shopping, and offers easy commuter access to a multitude of destinations including the 10, and 215 freeways. See: attached supplements for more disclosures and repairs.
Property is being sold "AS IS" and the seller will make no repairs.

Last Agent to Sell the Property

Raul Herrera

RE/MAX 2000 REALTY License #01121060 Listed on: 04/06/2012

RE/MAX 2000 REALTY

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,504

Year Built

  • Built in 1953

Lot Details

  • 8,100 Sq Ft Lot

Parking

  • 1 Car Garage

Interior Spaces

  • 957 Sq Ft Home
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 3566
  • Assessor Parcel Number 0246041160000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,504

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0246041160000
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 957.00
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 84.95

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00

Utilities

  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 8100.00
  • Lot Size Acres: 0.1860

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8100.0000 Square Feet

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 3566

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2012
Closed on
Jun 2, 2012
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Albarran Erasmo and Albarran Adelina
Seller's Agent
Raul Herrera
RE/MAX 2000 REALTY
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$75,000
Sold Price
$81,300
Premium/Discount to List
$6,300
8.4%
Total Days on Market
10
Current Estimated Value
$445,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,006
Avg. Annual Appreciation
13.96%

Purchase Details

Closed on
May 9, 2011
Sold by
Bac Home Loans Servicing Lp
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jan 29, 2010
Sold by
Scott Jacob Lee
Bought by
Taylor Bean & Whitaker Mortgage Corp

Purchase Details

Closed on
Dec 13, 2000
Sold by
Hud
Bought by
Scott Jacob Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,150
Interest Rate
7.41%

Purchase Details

Closed on
Sep 27, 2000
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jul 27, 2000
Sold by
Rosales Alejandro
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Mar 25, 1999
Sold by
Lo Joe Gammarie
Bought by
Rosales Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,730
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 1998
Sold by
Dockery Evangeline and Dockery Milan R
Bought by
Gammariello Joe

Purchase Details

Closed on
Dec 29, 1997
Sold by
Gammariello Terri Ann
Bought by
Gammariello Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
6.63%
Source: Public Records

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Range of Values:

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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
Albarran Erasmo $81,500 Fidelity National Title Co
The Secretary Of Housing & Urban Develop -- Security Union Title Ins Co
Taylor Bean & Whitaker Mortgage Corp $371,383 Security Union Title Ins Co
Scott Jacob Lee $86,500 Orange Coast Title
Hud -- Landsafe Title
Chase Manhattan Mtg Corp $95,560 Landsafe Title
Rosales Alejandro $88,500 American Title Co
Gammariello Joe $43,500 American Title Co
Gammariello Joe -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scott Jacob Lee $342,308
Previous Owner Scott Jacob Lee $232,000
Previous Owner Scott Jacob Lee $40,000
Previous Owner Scott Jacob Lee $220,000
Previous Owner Scott Jacob Lee $188,900
Previous Owner Scott Jacob Lee $38,291
Previous Owner Scott Jacob Lee $30,000
Previous Owner Scott Jacob Lee $133,600
Previous Owner Scott Jacob Lee $89,250
Previous Owner Scott Jacob Lee $46,150
Previous Owner Rosales Alejandro $87,730
Previous Owner Gammariello Joe $53,000
Closed Scott Jacob Lee $43,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2012 06/06/12 Sold $81,300 +8.4% $85 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
04/06/2012 04/06/12 For Sale $75,000 -- $78 / 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
2024 $1,504 $100,117 $43,101 $57,016
2023 $1,043 $98,154 $42,256 $55,898
2022 $1,039 $96,229 $41,427 $54,802
2021 $1,026 $94,342 $40,615 $53,727
2020 $1,023 $93,375 $40,199 $53,176
2019 $992 $91,544 $39,411 $52,133
2018 $1,007 $89,749 $38,638 $51,111
2017 $1,002 $87,989 $37,880 $50,109
2016 $985 $86,263 $37,137 $49,126
2015 $973 $84,967 $36,579 $48,388
2014 $973 $83,302 $35,862 $47,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C12044453

California Regional Multiple Listing Service (CRMLS)

APN: 0246-041-16