NOT LISTED FOR SALE

8650 Alder Ave Unit A & B Fontana, CA 92335

Estimated Value: $610,040 - $781,000

4 Beds
2 Baths
1,815 Sq Ft
$374/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $332,000 $183 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,060/month

17 Days on Market

About This Home

As of July 2017

This duplex is an amazing investor opportunity!! Priced to sell.. This property includes 2 homes on a large lot. Whether you would like to live in one and rent the other.. the opportunities are endless. Centrally located off the 10 freeway and Sierra. Each home is a single story with 2 bedrooms/1 bath. Back house has converted the garage into large 3 bedroom with slider to backyard. All new double pane windows. Long driveway with large backyard to add on to or use for additional parking.

Last Agent to Sell the Property

Kim Rievley

Compass Real Estate License #01338599 Listed on: 06/05/2017

Compass Real Estate

Last Buyer's Agent

RANDY WALLACE

SUNSET REAL ESTATE License #01700259

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,629

Year Built

  • Built in 1944

Lot Details

  • 7,560 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,815 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for gas
  • Tax Lot 546
  • Tax Tract Number 29
  • Assessor Parcel Number 0192263130000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $617
  • Professional Management Expense $988
  • Trash Expense $1,164
  • Water Sewer Expense $1,032
  • New Taxes Expense $3,984
  • Operating Expense $3,862
  • Gross Income $19,200
  • Net Operating Income $16,189

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,629

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Professional Management Expense: 988.00
  • Property Attached: No
  • Water Sewer Expenses: 1032.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0192263130000
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 182.92

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1164.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7560.00

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Gross Income: 19200.00
  • Gross Scheduled Income: 20050.00
  • Insurance Expense: 616.50
  • Net Operating Income: 16188.50
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3861.50
  • Rent Control: No
  • Total Expenses: 3861.50

Tax Info

  • New Taxes Expense: 3984.00
  • Tax Census Tract: 29.02
  • Tax Lot: 546
  • Tax Tract Number: 0029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2017
Closed on
Jun 28, 2017
Sold by
Murray Kathleen M
Bought by
Partida Raul
Seller's Agent
Kim Rievley
Compass Real Estate
Buyer's Agent
RANDY WALLACE
SUNSET REAL ESTATE
List Price
$332,000
Sold Price
$332,000
Current Estimated Value
$679,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,510
Avg. Annual Appreciation
9.19%
Original Mortgage
$249,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2003
Sold by
Murray George E
Bought by
Murray George E and Murray Kathleen M
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
Partida Raul $332,000 Lawyers Title
Murray George E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Partida Raul $248,500
Closed Partida Raul $249,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2017 07/21/17 Sold $332,000 0.0% $183 / Sq Ft
06/05/2017 06/05/17 For Sale $332,000 -- $183 / 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 $4,629 $403,769 $102,405 $301,364
2024 $4,629 $395,852 $100,397 $295,455
2023 $4,489 $388,090 $98,428 $289,662
2022 $4,193 $355,971 $96,498 $259,473
2021 $4,138 $348,991 $94,606 $254,385
2020 $4,114 $345,413 $93,636 $251,777
2019 $4,000 $338,640 $91,800 $246,840
2018 $4,037 $332,000 $90,000 $242,000
2017 $726 $34,931 $7,433 $27,498
2016 $671 $34,246 $7,287 $26,959
2015 $394 $33,732 $7,178 $26,554
2014 $394 $33,071 $7,037 $26,034
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kim Rievley

    Compass Real Estate

    Section Image

  • R

    Buyer's Agent in 2017

    RANDY WALLACE

    SUNSET REAL ESTATE

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG17123407

California Regional Multiple Listing Service (CRMLS)

APN: 0192-263-13

California San Bernardino County Fontana 92335

8650 Alder Ave Unit A & B, Fontana, CA

This home is located at 8650 Alder Ave Unit A & B, Fontana, CA 92335 since 05 June 2017 and is currently estimated at $679,510, approximately $374 per square foot. This property was built in 1944. 8650 Alder Ave Unit A & B is a home located in San Bernardino County with nearby schools including South Tamarind Elementary School, Fontana Middle School, and Fontana High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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