8721 Lomita Dr Rancho Cucamonga, CA 91701
Estimated Value: $1,489,255 - $1,559,000
9
Beds
7
Baths
3,598
Sq Ft
$422/Sq Ft
Est. Value
Highlights
- Community Pool
- Fireplace
- Laundry Room
- Carnelian Elementary Rated A-
- Cooling System Mounted To A Wall/Window
- Tile Flooring
About This Home
As of August 2017Great remodel 4 plex with 2 units of 2 bed & 2 bath, 1 unit of 3 bed & 2 bath, and 1 unit of 2 bed & 1 bath, maintained by on site
management. Community has pool and lots of guest parking. There's an HOA that covers the following:
water, trash, sewer, gardener, asphalt repairs, stucco repair on buildings, painting of exterior, stairs repair, security patrol at
night.
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #01947042
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,570
Year Built
- Built in 1973
Lot Details
- 9,000 Sq Ft Lot
- No Common Walls
- Front Yard
HOA Fees
- $890 Monthly HOA Fees
Home Design
- Turnkey
Interior Spaces
- 3,598 Sq Ft Home
- Fireplace
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Parking
- 4 Open Parking Spaces
- 8 Parking Spaces
- 4 Attached Carport Spaces
- Parking Available
- Assigned Parking
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Sewer Paid
Listing and Financial Details
- Tax Lot 21
- Tax Tract Number 15004
- Assessor Parcel Number 0202381020000
Community Details
Overview
- 4 Units
- See Remark Association
- Mountainous Community
Amenities
- Laundry Facilities
Recreation
- Community Pool
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $600
- Insurance Expense $1,000
- Professional Management Expense $10,680
- New Taxes Expense $10,000
- Operating Expense $22,580
- Gross Income $600
- Net Operating Income $45,220
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 19, 2017
Closed on
Jun 29, 2017
Sold by
Lin Yi Fen
Bought by
Rich Rainbow Llc
Seller's Agent
Yiu Kwei
KW Vision
Buyer's Agent
Hui Ju Tsai
Berkshire Hathaway HomeServices California Properties
List Price
$950,000
Sold Price
$935,000
Premium/Discount to List
-$15,000
-1.58%
Total Days on Market
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$584,085
Avg. Annual Appreciation
6.39%
Original Mortgage
$450,000
Interest Rate
3.96%
Mortgage Type
Commercial
Purchase Details
Listed on
Jun 15, 2015
Closed on
Aug 5, 2015
Sold by
Tang Hao
Bought by
Lin Yi Fen
Seller's Agent
Phuoc Huynh
Phuoc Huynh, Broker
Buyer's Agent
Yiu Kwei
KW Vision
List Price
$719,888
Sold Price
$730,000
Premium/Discount to List
$10,112
1.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.10%
Original Mortgage
$355,000
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 22, 1999
Sold by
Patel Hiralal B
Bought by
Tang Hao
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
7.7%
Purchase Details
Closed on
Aug 15, 1995
Sold by
Patel Hiralal B
Bought by
Patel Hiralal B and Patel Chandrakanta H
Similar Home in Rancho Cucamonga, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rich Rainbow Llc | $935,000 | First American Title | |
| Lin Yi Fen | $730,000 | Fidelity National Title | |
| Tang Hao | $225,000 | Fidelity National Title Ins | |
| Patel Hiralal B | -- | Commonwealth Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rich Rainbow Llc | $360,000 | |
| Previous Owner | Rich Rainbow Llc | $450,000 | |
| Previous Owner | Lin Yi Fen | $355,000 | |
| Previous Owner | Tang Hao | $75,000 | |
| Previous Owner | Tang Hao | $325,000 | |
| Previous Owner | Tang Hao | $332,350 | |
| Previous Owner | Tang Hao | $190,000 | |
| Previous Owner | Tang Hao | $146,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2017 08/16/17 | Sold | $935,000 | -1.6% | $260 / Sq Ft |
| 08/01/2017 08/01/17 | Pending | -- | -- | -- |
| 06/19/2017 06/19/17 | For Sale | $950,000 | +30.1% | $264 / Sq Ft |
| 08/13/2015 08/13/15 | Sold | $730,000 | +1.4% | $203 / Sq Ft |
| 06/23/2015 06/23/15 | Pending | -- | -- | -- |
| 06/15/2015 06/15/15 | For Sale | $719,888 | -- | $200 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,570 | $1,043,011 | $368,122 | $674,889 |
| 2023 | $11,311 | $1,022,560 | $360,904 | $661,656 |
| 2022 | $11,283 | $1,002,509 | $353,827 | $648,682 |
| 2021 | $11,279 | $982,852 | $346,889 | $635,963 |
| 2020 | $10,817 | $972,774 | $343,332 | $629,442 |
| 2019 | $10,940 | $953,700 | $336,600 | $617,100 |
| 2018 | $10,697 | $935,000 | $330,000 | $605,000 |
| 2017 | $8,324 | $744,600 | $204,000 | $540,600 |
| 2016 | $8,099 | $292,134 | $72,710 | $219,424 |
| 2015 | $3,316 | $287,746 | $71,618 | $216,128 |
| 2014 | $3,224 | $282,109 | $70,215 | $211,894 |
Source: Public Records
Agents Affiliated with this Home
-
Yiu Kwei
Seller's Agent in 2017
Yiu Kwei
KW Vision
(626) 512-5822
2 in this area
87 Total Sales
-
Hui Ju Tsai
Buyer's Agent in 2017
Hui Ju Tsai
Berkshire Hathaway HomeServices California Properties
(626) 810-6660
28 Total Sales
-
Phuoc Huynh
Seller's Agent in 2015
Phuoc Huynh
Phuoc Huynh, Broker
(909) 917-6530
4 in this area
40 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS17138305
APN: 0202-381-02
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