NOT LISTED FOR SALE

8620 Founders Grove St Chino, CA 91708

The Preserve Neighborhood

Estimated Value: $719,000 - $761,401

4 Beds
3 Baths
2,166 Sq Ft
$204/mo HOA Fee

Last Sold February 16, 2022

Last sale price $690,000 $319 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,158/month

5 Days on Market

Highlights

  • Primary Bedroom Suite
  • Main Floor Bedroom
  • Community Pool
  • Cal Aero Preserve Academy Rated A-
  • Loft
  • 3-minute walk to Forest Park

About This Home

As of February 2022

Look no further than this beautiful spacious home located in The Preserve of Chino. This home features four bedrooms and a loft/playroom, two full bathrooms and a three quarter bathroom, one of the bedrooms is downstairs with the 3/4 bathroom just outside of the door, a large spacious kitchen with granite counter tops and double ovens and a large center island and a pantry, high ceilings with recessed lighting, lots of windows throughout, ceiling fans in all the bedrooms and the loft, tankless water heater, solar panels, a laundry room upstairs, a large master suite with a walk-in closet and a master bath with a separate tub and shower, craftsman style architecture, a two car attached garage with an automatic garage door opener, a park just around the corner, a full bathroom upstairs with double sinks to serve the secondary bedrooms, and an upstairs linen closet. The HOA provides a pool and BBQ area, tennis courts and much more. Park House provides community activities as well.

Last Agent to Sell the Property

Greg McGhghy

Cornerstone Realty Group License #01169375 Listed on: 01/13/2022

Cornerstone Realty Group

Last Buyer's Agent

ROGER ZELAYA

Radius Agent License #01194060

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,170

Year Built

  • Built in 2016

Lot Details

  • No Common Walls
  • Landscaped

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage

Interior Spaces

  • 2,166 Sq Ft Home
  • Entryway
  • Living Room
  • Loft
  • Laundry Room

Kitchen

  • Gas Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Additional Features

  • Rain Gutters
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 18693
  • Assessor Parcel Number 1055361580000
  • $8,870 per year additional tax assessments

Community Details

Overview

  • 42 Units
  • Preserve Master Comm. Association, Phone Number (888) 679-2500
  • First Service Residnential HOA

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Meeting Room

Recreation

  • Community Playground
  • Community Pool
  • Dog Park
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,170

Year Built

Built in 2016

Lot Details

0

HOA Fees

$204 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 1055361580000
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2166.00 Square Feet
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 318.56
  • Room Type: Entry, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Dog Park, Meeting Room
  • Association Fee: 146.50
  • Association #2 Fee: 57.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Preserve Master Comm.
  • Phone: 888-679-2500
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Dog Park, Gutters, Sidewalks
  • Association Management: First Service Residnential

Schools

  • School District: Chino Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level
  • Lot Size Sq Ft: 800.00
  • Lot Size Acres: 0.0184

Multi Family

  • Lease Considered: No
  • Lot Size Area: 800.0000 Square Feet
  • Number Of Units In Community: 42
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 19.03
  • Tax Lot: 4
  • Tax Tract Number: 18693
  • TaxOtherAnnualAssessmentAmount: 8870.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Jan 28, 2022
Sold by
Cheng and Mariah
Bought by
Gao Lu
Seller's Agent
Greg McGhghy
Cornerstone Realty Group
Buyer's Agent
ROGER ZELAYA
Radius Agent
List Price
$685,000
Sold Price
$690,000
Premium/Discount to List
$5,000
0.73%
Current Estimated Value
$744,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,100
Avg. Annual Appreciation
2.14%
Original Mortgage
$510,000
Outstanding Balance
$474,474
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$269,626

Purchase Details

Listed on
Jan 13, 2022
Closed on
Jan 27, 2022
Sold by
Donghui Zhu
Bought by
Gao Lu
Seller's Agent
Greg McGhghy
Cornerstone Realty Group
Buyer's Agent
ROGER ZELAYA
Radius Agent
List Price
$685,000
Sold Price
$690,000
Premium/Discount to List
$5,000
0.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$474,474
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$269,626

Purchase Details

Closed on
Nov 9, 2016
Sold by
Kb Home Coastal Inc
Bought by
Cheng Mariah and Cheng Ronnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,132
Interest Rate
4.32%
Mortgage Type
New Conventional
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
Gao Lu $690,000 Lawyers Title
Gao Lu -- Lawyers Title
Cheng Mariah $472,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gao Lu $510,000
Previous Owner Cheng Mariah $315,500
Previous Owner Cheng Mariah $334,132
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2022 02/16/22 Sold $690,000 -1.4% $319 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
01/18/2022 01/18/22 Price Changed $700,000 +2.2% $323 / Sq Ft
01/13/2022 01/13/22 For Sale $685,000 -- $316 / 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
2025 $11,170 $732,233 $256,282 $475,951
2024 $11,170 $717,876 $251,257 $466,619
2023 $10,950 $703,800 $246,330 $457,470
2022 $8,981 $516,346 $180,451 $335,895
2021 $8,870 $506,222 $176,913 $329,309
2020 $8,797 $501,031 $175,099 $325,932
2019 $8,699 $491,207 $171,666 $319,541
2018 $8,579 $481,575 $168,300 $313,275
2017 $7,175 $353,778 $144,478 $209,300
2016 $1,557 $143,805 $143,805 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22007535

California Regional Multiple Listing Service (CRMLS)

APN: 1055-361-58