NOT LISTED FOR SALE

8834 Cypress Ave Fontana, CA 92335

Estimated Value: $574,246 - $707,000

2 Beds
1 Bath
1,320 Sq Ft
$487/Sq Ft Est. Value

Last Sold May 12, 2015

Last sale price $270,000 $205 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $3,915/month

24 Days on Market

About This Home

As of May 2015

EXCELLENT OPPORTUNITY TO OWN 2 UNITS IN GOOD CONDITION JUST NEED TLC. BOTH UNITS ARE 2 BEDROOMS AND 1 BATHROOM. GOOD LOCATION AND PLENTY OF DEMAND FOR RENTALS, YOU DON'T WANT TO MISS ON THIS ONE HURRY WON'T LAST AND YOU MUST SEE TO APPRECAITE. PLEASE DO NOT DISTURB SELLER AND TENANTS, PLEASE SEE AGENT REMARKS TO MAKE APPOINTMENT TO SEE INTERIOR WITH 24 HOURS IN ADVANCE.

Last Agent to Sell the Property

Guadalupe Lechuga

Castillo Realty License #01194720 Listed on: 02/25/2015

Last Buyer's Agent

Guadalupe Lechuga

Castillo Realty License #01194720 Listed on: 02/25/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,935

Year Built

  • Built in 1958

Lot Details

  • 7,560 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 1,320 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 0191
  • Tax Tract Number 221
  • Assessor Parcel Number 0191221250000

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $500
  • Water Sewer Expense $500
  • New Taxes Expense $2,280
  • Gross Income $1,800
  • Net Operating Income $17,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,935

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 500.00
  • Property Type: Residential Income
  • Parcel Number: 0191221250000
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 204.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 7560.00
  • Lot Size Acres: 0.1740

Multi Family

  • Gross Income: 1800.00
  • Gross Scheduled Income: 21600.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 7560.0000 Square Feet
  • Net Operating Income: 17320.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 4280.00
  • Rent Control: No
  • Total Actual Rent: 1000.00

Tax Info

  • New Taxes Expense: 2280.00
  • Tax Lot: 0191
  • Tax Tract Number: 221
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2023
Sold by
Duran Jose Ramon Garcia and Duran Esther
Bought by
Jose Ramon Garcia Duran And Esther Garcia Rev
Current Estimated Value
$643,062

Purchase Details

Listed on
Feb 25, 2015
Closed on
Mar 26, 2015
Sold by
Hernandez Liliana
Bought by
Garcia Jose Ramon and Garcia Esther
Seller's Agent
Guadalupe Lechuga
Castillo Realty
Buyer's Agent
Guadalupe Lechuga
Castillo Realty
List Price
$279,900
Sold Price
$270,000
Premium/Discount to List
-$9,900
-3.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$265,109
Interest Rate
3.64%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 8, 2011
Closed on
Nov 21, 2011
Sold by
Federal National Mortgage Association
Bought by
Hernandez Liliana
Seller's Agent
Tyler Cressler
TMC Group
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$163,500
Sold Price
$163,000
Premium/Discount to List
-$500
-0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.26%
Original Mortgage
$158,867
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 10, 2011
Sold by
Angeles Erika Liliana
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 19, 2006
Sold by
Angeles Erika Liliana
Bought by
Garcia Pedro

Purchase Details

Closed on
Mar 16, 2004
Sold by
Garcia Pedro
Bought by
Angeles Erika Liliana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1998
Sold by
Trujillo Marilyn Sylvia
Bought by
Garcia Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,813
Interest Rate
6.73%

Purchase Details

Closed on
Jul 3, 1998
Sold by
Hud
Bought by
Trujillo Marilyn Sylvia and The Cypress Avenue Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,813
Interest Rate
6.73%

Purchase Details

Closed on
Dec 11, 1997
Sold by
Estrada Juventino and Estrada Criscencio M
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Sep 4, 1997
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Jan 5, 1995
Sold by
Romero Bertha A
Bought by
Estrada Cresencio M and Estrada Juventino

Purchase Details

Closed on
Aug 16, 1993
Sold by
Nelson William W and Fairfax Donald J
Bought by
Estrada Juventino and Estrada Criscencio M

Purchase Details

Closed on
Nov 19, 1992
Sold by
Fairfax Evelyn N
Bought by
Fairfax Donald J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jose Ramon Garcia Duran And Esther Garcia Rev -- None Listed On Document
Garcia Jose Ramon $270,000 Provident Title Company
Hernandez Liliana $163,000 Lsi Title Company Inc
Federal National Mortgage Association $141,889 None Available
Garcia Pedro -- None Available
Angeles Erika Liliana $180,000 Chicago Title Company
Garcia Pedro $109,000 Commonwealth Land Title Co
Trujillo Marilyn Sylvia $70,500 Old Republic Title Company
Countrywide Home Loans Inc $130,028 Landsafe Title
Hud -- Landsafe Title
Estrada Cresencio M -- Union Land Title
Estrada Juventino $129,500 Union Land Title Company
Estrada Juventino -- Union Land Title Company
Fairfax Donald J -- Union Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Jose Ramon $265,109
Previous Owner Hernandez Liliana $158,867
Previous Owner Angeles Erika Liliana $171,000
Previous Owner Garcia Pedro $108,813
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2015 05/12/15 Sold $270,000 -3.5% $205 / Sq Ft
03/21/2015 03/21/15 Pending -- -- --
02/25/2015 02/25/15 For Sale $279,900 +71.7% $212 / Sq Ft
01/04/2012 01/04/12 Sold $163,000 -0.3% $123 / Sq Ft
11/15/2011 11/15/11 Pending -- -- --
11/08/2011 11/08/11 For Sale $163,500 -- $124 / 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 $4,935 $324,498 $70,908 $253,590
2024 $4,935 $318,136 $69,518 $248,618
2023 $3,853 $311,898 $68,155 $243,743
2022 $3,813 $305,783 $66,819 $238,964
2021 $3,760 $299,787 $65,509 $234,278
2020 $3,762 $296,713 $64,837 $231,876
2019 $3,634 $290,895 $63,566 $227,329
2018 $3,646 $285,192 $62,320 $222,872
2017 $3,583 $279,600 $61,098 $218,502
2016 $3,488 $274,118 $59,900 $214,218
2015 $2,296 $170,351 $47,029 $123,322
2014 -- $167,014 $46,108 $120,906
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS15040403

California Regional Multiple Listing Service (CRMLS)

APN: 0191-221-25