NOT LISTED FOR SALE

8510 Laurel Ave Fontana, CA 92335

Estimated Value: $852,000 - $1,259,000

7 Beds
6 Baths
3,222 Sq Ft
7,126 Sq Ft Lot

Last Sold September 22, 2020

Last sale price $799,000 $248 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,673/month

34 Days on Market

About This Home

As of September 2020

Great for investor(s). Monthly income, brand new attached Duplex: primary unit consist of 2,148 sq ft of living area, 4 bedrooms and 3.5 bathrooms. Secondary unit consist of 1,074 sq ft of living area, 3 bedrooms and 2.5 bathrooms. Both units have a 2 car garage. Spacious living room and large kitchen. Located in a calm, peaceful neighborhood in the heart of Fontana near essential stores near stater bros, costco, and etc. Duplex in final construction stage. 3 DUPLEXES ARE AVAILABLE, INVESTOR CAN BUY 1 OR ALL 3 FOR 2.3M

Last Agent to Sell the Property

Mohammad Awad

Awad & Associates License #02099540 Listed on: 07/08/2020

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,056

Year Built

  • Built in 2020

Lot Details

  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 3,222 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Fireplace in Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • 6 Bathrooms
  • Fireplace in Bathroom

Outdoor Features

  • Fireplace in Patio
  • Outdoor Fireplace

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 20069

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,000
  • New Taxes Expense $7,000
  • Operating Expense $10,000
  • Gross Income $52,800
  • Net Operating Income $52,800

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,056

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Ad Number: 9096818838
  • Property Attached: Yes
  • Property Type: Residential Income
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Fireplace Features: Bath, Dining Room, Family Room, Kitchen, Living Room, Master Bedroom, Outside, Patio
  • Price Per Square Foot: 247.98
  • Room Type: Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7125.00
  • Lot Size Acres: 0.1636

Multi Family

  • Gross Income: 52800.00
  • Gross Scheduled Income: 52800.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 7125.0000 Square Feet
  • Net Operating Income: 52800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 10000.00

Tax Info

  • New Taxes Expense: 7000.00
  • Tax Lot: 2
  • Tax Tract Number: 20069

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Sep 17, 2020
Sold by
Sanchez Denise Hattie
Bought by
Vizcaino Alfonso Sanchez
Seller's Agent
Mohammad Awad
Awad & Associates
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$799,000
Sold Price
$799,000
Total Days on Market
34
Current Estimated Value
$1,099,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,547
Avg. Annual Appreciation
7.00%
Original Mortgage
$569,250
Outstanding Balance
$510,007
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$589,540

Purchase Details

Listed on
Jul 8, 2020
Closed on
Sep 16, 2020
Sold by
Zozo Communities Inc
Bought by
Vizcaino Alfonso Sanchez
Seller's Agent
Mohammad Awad
Awad & Associates
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$799,000
Sold Price
$799,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,250
Outstanding Balance
$510,007
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$589,540
Source: Public Records

Range of Values:

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Average Value
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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
Vizcaino Alfonso Sanchez -- First American Title Company
Vizcaino Alfonso Sanchez $780,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vizcaino Alfonso Sanchez $569,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold $799,000 0.0% $248 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $799,000 -- $248 / 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 $10,056 $827,742 $244,078 $583,664
2023 $8,930 $811,512 $239,292 $572,220
2022 $8,878 $795,600 $234,600 $561,000
2021 $8,883 $780,000 $230,000 $550,000
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV20134164

California Regional Multiple Listing Service (CRMLS)

APN: 0246-121-69