NOT LISTED FOR SALE

8583 Bennett Ave Fontana, CA 92335

Estimated Value: $628,089 - $853,000

4 Beds
3 Baths
1,800 Sq Ft
$407/Sq Ft Est. Value

Last Sold December 26, 2013

Last sale price $272,000 $151 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $4,260/month

11 Days on Market

Highlights

  • Private Yard
  • 3-minute walk to Fontana
  • 1-Story Property
  • No HOA

About This Home

As of December 2013

BEST VALUE ON THE MARKET. Three unit apartment building located in the highly desirable core area of Fontana. Two 1 bed/ 1 bath units and one 2 bed/ 1 bath unit. All occupied by long term tenants. Each unit has an enclosed garage off of alley. BUYER CREDIT FOR USING PREFERRED LENDER.

Last Agent to Sell the Property

Mike Fill

SIERRA REALTY FONTANA INC License #01355750 Listed on: 11/29/2013

Last Buyer's Agent

Mike Fill

SIERRA REALTY FONTANA INC License #01355750 Listed on: 11/29/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 9,120 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Parking

  • 3 Car Garage
  • On-Street Parking

Home Design

  • Property Attached

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 12
  • Tax Tract Number 2699
  • Assessor Parcel Number 0191273010000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $420
  • Insurance Expense $1,200
  • Maintenance Expense $1,000
  • Trash Expense $720
  • Water Sewer Expense $1,800
  • New Taxes Expense $3,563
  • Gross Income $2,295
  • Net Operating Income $18,840

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Gardener Expense: 420.00
  • Parcel Number: 0191273010000
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 151.11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: No
  • Parking Features: Street
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 9120.00
  • Lot Size Acres: 0.2090

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 540
  • Average2 Bed Area: 720
  • Gross Income: 2295.00
  • Gross Scheduled Income: 27540.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 9120.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 18840.00
  • 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
  • Operating Expense: 8700.00
  • Rent Control: No
  • Total Actual Rent: 2295.00

Tax Info

  • New Taxes Expense: 3563.00
  • Tax Lot: 12
  • Tax Tract Number: 2699

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2015
Sold by
Yu Karen
Bought by
Us Evergreen Investments Llc
Current Estimated Value
$732,272

Purchase Details

Listed on
Nov 29, 2013
Closed on
Dec 12, 2013
Sold by
Robinson Diane Kay
Bought by
Yu Karen and Yu Jack
Seller's Agent
Mike Fill
SIERRA REALTY FONTANA INC
Buyer's Agent
Mike Fill
SIERRA REALTY FONTANA INC
List Price
$285,000
Sold Price
$272,000
Premium/Discount to List
-$13,000
-4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%

Purchase Details

Closed on
Jan 23, 2013
Sold by
Robinson Diane Kay
Bought by
Robinson Diane Kay and Diane Kay Robinson Living Trus

Purchase Details

Closed on
Jan 22, 2012
Sold by
Oneal Stephen Wayne
Bought by
Robinson Diane Kay

Purchase Details

Closed on
Jul 15, 2008
Sold by
Oneal Stephen Wayne
Bought by
Oneal Stephen Wayne and Oneal Diane Kay

Purchase Details

Closed on
Feb 27, 2007
Sold by
Oneal Stephen Wayne
Bought by
Oneal Stephen Wayne and Oneal 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
Us Evergreen Investments Llc -- Accommodation
Yu Karen $272,000 Fidelity National Title Co
Robinson Diane Kay -- None Available
Robinson Diane Kay -- None Available
Oneal Stephen Wayne -- None Available
Oneal Stephen Wayne -- None Available
Oneal Stephen Wayne -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2013 12/26/13 Sold $272,000 -4.6% $151 / Sq Ft
12/10/2013 12/10/13 Pending -- -- --
11/29/2013 11/29/13 For Sale $285,000 -- $158 / 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 $5,451 $333,434 $89,488 $243,946
2024 $4,941 $326,896 $87,733 $239,163
2023 $4,337 $320,487 $86,013 $234,474
2022 $4,285 $314,202 $84,326 $229,876
2021 $4,227 $308,042 $82,673 $225,369
2020 $4,188 $304,883 $81,825 $223,058
2019 $4,087 $298,905 $80,221 $218,684
2018 $4,086 $293,044 $78,648 $214,396
2017 $4,002 $287,298 $77,106 $210,192
2016 $3,885 $281,665 $75,594 $206,071
2015 $3,803 $277,435 $74,459 $202,976
2014 -- $272,000 $73,000 $199,000
Source: Public Records

Agents Affiliated with this Home

  • Mike Fill

    Seller's Agent in 2013

    Mike Fill

    SIERRA REALTY FONTANA INC

    (909) 822-1197

    7 Total Sales

    Mike Fill
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV13239394

California Regional Multiple Listing Service (CRMLS)

APN: 0191-273-01

California San Bernardino County Fontana 92335

8583 Bennett Ave, Fontana, CA

Not Listed for Sale

MultiFamily

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