NOT LISTED FOR SALE

8587 Locust Ave Fontana, CA 92335

Estimated Value: $429,000 - $467,569

2 Beds
1 Bath
687 Sq Ft
$651/Sq Ft Est. Value

Last Sold April 19, 2012

Last sale price $84,000 $122 Per Sq Ft

Est. 432% increase in value since last sale

Current estimated payment $2,655/month

227 Days on Market

Highlights

  • Private Pool
  • Brick Fence
  • Heating Available
  • No HOA

About This Home

As of April 2012

GREAT HOUSE FOR INVESTORS, 2 BEDROOMS AND 1 BATHROOM, IT HAS UNPERMITTED ADDITION INCLUDES KITCHEN, 3/4 BATHROOM, 1 BEDROOM. IT IS CLOSE TO FOOTHILL AVE AND SCHOOLS. IT IS LOCATED BETWEEN FREE WAYS 10 AND 210

Last Agent to Sell the Property

Robert Ortiz

SAMAYRA PROPERTIES License #01117166 Listed on: 08/19/2011

Last Buyer's Agent

Robert Ortiz

SAMAYRA PROPERTIES License #01117166 Listed on: 08/19/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,864

Year Built

  • Built in 1942

Lot Details

  • 7,928

Parking

  • 1 Car Garage

Home Design

  • Fixer Upper
  • Shingle Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Private Pool
  • Brick Fence
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 444
  • Assessor Parcel Number 0246181020000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,864

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0246181020000
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Brick
  • Pool Private: Yes
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00

Utilities

  • Heating: Yes

Condo/Co-op/Association

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

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 444
  • Tax Tract Number: TROPI

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2015
Sold by
Serna Carlos A
Bought by
Serna Carlos A and Serna Jose Juan
Total Days on Market
227
Current Estimated Value
$447,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Outstanding Balance
$71,257
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$375,885

Purchase Details

Closed on
Oct 26, 2011
Sold by
Tapia Agustin and Tapia Engracia
Bought by
Serna Carlos A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,300
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2006
Sold by
Tapia Agustin and Tapia Engracia
Bought by
Tapia Agustin and Tapia Engracia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 3, 2005
Sold by
Tapia Engracia
Bought by
Tapia Augustin and Tapia Engracia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2004
Sold by
Tapia Agustin Ponce
Bought by
Tapia Engracia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
5.72%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 24, 2002
Sold by
Gerry Harry
Bought by
Tapia Agustine Ponce and Tapia Engracia

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
6.69%
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
Serna Carlos A -- Stewart
Serna Carlos A $84,000 Fidelity National Title Co
Tapia Agustin -- Landsafe Title
Tapia Augustin -- Old Republic Title Company
Tapia Engracia -- Ticor Title Co
Tapia Engracia -- Ticor Title Co
Tapia Agustine Ponce $110,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serna Carlos A $89,000
Previous Owner Serna Carlos A $55,300
Previous Owner Tapia Agustin $244,000
Previous Owner Tapia Augustin $195,000
Previous Owner Tapia Engracia $126,000
Previous Owner Tapia Agustin Ponce $106,500
Previous Owner Tapia Agustine Ponce $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2012 04/19/12 Sold $84,000 0.0% $122 / Sq Ft
04/02/2012 04/02/12 Pending -- -- --
09/07/2011 09/07/11 Off Market $84,000 -- --
08/19/2011 08/19/11 For Sale $80,000 -- $116 / 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 $1,864 $134,225 $43,101 $91,124
2023 $1,393 $131,593 $42,256 $89,337
2022 $1,388 $129,012 $41,427 $87,585
2021 $1,371 $126,483 $40,615 $85,868
2020 $1,367 $125,187 $40,199 $84,988
2019 $1,326 $122,733 $39,411 $83,322
2018 $1,346 $120,326 $38,638 $81,688
2017 $1,914 $169,144 $57,700 $111,444
2016 $1,316 $115,654 $37,137 $78,517
2015 $1,300 $113,917 $36,579 $77,338
2014 $1,301 $111,685 $35,862 $75,823
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C11111206

California Regional Multiple Listing Service (CRMLS)

APN: 0246-181-02