NOT LISTED FOR SALE

8534 Bennett Ave Fontana, CA 92335

Estimated Value: $723,878 - $940,000

4 Beds
3 Baths
2,088 Sq Ft
$376/Sq Ft Est. Value

Last Sold May 07, 2014

Last sale price $325,000 $156 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $4,742/month

159 Days on Market

Highlights

  • Private Yard
  • No HOA
  • 5-minute walk to Fontana

About This Home

As of May 2014

Great investment opportunity! Well maintained units centrally located within walking distance to Down Town in The City of Fontana, within walking distance to Metro, banks and shopping; two bedroom and 1 bath unit featuring a large eat in kitchen and formal dining room with title flooring, hardwood in the living room and bedrooms, this unit features central air and forced air heat and each unit has a one car garage. The two one bedroom and one bath units also feature tile flooring in the bathroom and kitchen and hard wood floors throughout. All units have been well maintained and in move in condition all units are currently rented. Great location in the heart of Fontana!

Last Agent to Sell the Property

Mirna Morales

Mirna Morales Real Estate License #01078535 Listed on: 02/10/2014

Mirna Morales Real Estate

Last Buyer's Agent

Mary Margedant

Homefinder Realty License #01079981

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 6,250 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Parking

  • 3 Car Garage

Home Design

  • 2,088 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 0191
  • Tax Tract Number 272
  • Assessor Parcel Number 0191272150000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $4,360
  • Gross Income $2,375

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 0191272150000
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 155.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 6250.00
  • Lot Size Acres: 0.1430

Multi Family

  • Gross Income: 2375.00
  • Gross Scheduled Income: 30875.00
  • Lot Size Area: 6250.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4360.00
  • Tax Lot: 0191
  • Tax Tract Number: 272
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2014
Closed on
May 3, 2014
Sold by
Benko Joseph
Bought by
Hunmex Llc
Seller's Agent
Mirna Morales
Mirna Morales Real Estate
Buyer's Agent
Mary Margedant
Homefinder Realty
List Price
$348,800
Sold Price
$325,000
Premium/Discount to List
-$23,800
-6.82%
Current Estimated Value
$784,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,470
Avg. Annual Appreciation
7.81%
Original Mortgage
$217,000
Outstanding Balance
$164,587
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$619,883

Purchase Details

Listed on
Feb 10, 2014
Closed on
Apr 2, 2014
Sold by
Molina Andres Avila
Bought by
Benko Joseph and Benko Maria Elizabeth
Seller's Agent
Mirna Morales
Mirna Morales Real Estate
Buyer's Agent
Mary Margedant
Homefinder Realty
List Price
$348,800
Sold Price
$325,000
Premium/Discount to List
-$23,800
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Outstanding Balance
$164,587
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$619,883

Purchase Details

Closed on
Nov 18, 2010
Sold by
Benavides Jesus M
Bought by
Molina Andres Avila and Molina Luvia Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2007
Sold by
Miranda Jesus X
Bought by
Benavides Jesus M and Benavides Maria Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2002
Sold by
Hud
Bought by
Miranda Jesus X

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,100
Interest Rate
6.71%

Purchase Details

Closed on
Jun 12, 2001
Sold by
First Nationwide Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jan 11, 2000
Sold by
Portante Mary A Tr Family Tr
Bought by
Harris Rochelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,593
Interest Rate
8.21%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 1998
Sold by
Mary Anna Portante
Bought by
The Mary Anna Portante Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hunmex Llc -- Ticor Title
Benko Joseph $330,000 Ticor Title
Molina Andres Avila $180,000 None Available
Benavides Jesus M $450,000 Alliance Title Company
Miranda Jesus X $169,000 American Title
Hud -- --
First Nationwide Mtg Corp $185,331 Fidelity Title
Harris Rochelle $185,000 First Southwestern Title Co
The Mary Anna Portante Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benko Joseph $217,000
Previous Owner Molina Andres Avila $135,000
Previous Owner Benavides Jesus M $360,000
Previous Owner Miranda Jesus X $135,100
Previous Owner Harris Rochelle $170,593
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2014 05/07/14 Sold $325,000 -6.8% $156 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
10/24/2013 10/24/13 For Sale $348,800 -- $167 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,938 $398,405 $122,586 $275,819
2024 $5,179 $390,593 $120,182 $270,411
2023 $4,992 $382,934 $117,825 $265,109
2022 $4,937 $375,426 $115,515 $259,911
2021 $4,871 $368,065 $113,250 $254,815
2020 $4,877 $364,291 $112,089 $252,202
2019 $4,710 $357,148 $109,891 $247,257
2018 $4,719 $350,145 $107,736 $242,409
2017 $4,631 $343,280 $105,624 $237,656
2016 $4,503 $336,549 $103,553 $232,996
2015 $4,413 $331,494 $101,998 $229,496
2014 $3,159 $218,431 $41,805 $176,626
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mirna Morales

    Mirna Morales Real Estate

    Section Image

  • M

    Buyer's Agent in 2014

    Mary Margedant

    Homefinder Realty

    Section Image
  • Margaretich Team

    Buyer's Agent in 2014

    Margaretich Team

    Sereno Group

    (530) 798-4466

    174 Total Sales

    Margaretich Team
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13219463

California Regional Multiple Listing Service (CRMLS)

APN: 0191-272-15

California San Bernardino County Fontana 92335

8534 Bennett Ave, Fontana, CA

Not Listed for Sale

MultiFamily

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