NOT LISTED FOR SALE

8836 Pepper Ave Fontana, CA 92335

Estimated Value: $460,000 - $717,000

4 Beds
2 Baths
1,716 Sq Ft
$368/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $679,000 $396 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,119/month

22 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Front Yard
  • Laundry Room
  • Wall Furnace
  • 1-Story Property

About This Home

As of March 2024

This spacious and clean duplex home offers a lucrative residential income opportunity in a prime location. Situated near main freeways, it ensures easy access to transportation and convenience. Perfect for investors or homeowners seeking a profitable and well-located property. Both homes have 2 bedrooms and 1 bathroom, driveway with plenty of parking.

Last Agent to Sell the Property

Kevin Watson

RE/MAX TIME REALTY Brokerage Phone: 909-727-1191 License #01820631 Listed on: 01/25/2024

RE/MAX TIME REALTY

Last Buyer's Agent

Monica Nogales

Century 21 Masters License #01296351

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 7,000 Sq Ft Lot
  • No Common Walls
  • Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,716 Sq Ft Home
  • 1-Story Property
  • Formica Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 19 / 64
  • Tax Tract Number 2266
  • Assessor Parcel Number 0191262190000
  • $500 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Trash Expense $384
  • Water Sewer Expense $540
  • Operating Expense $2,724
  • Gross Income $1,923
  • Net Operating Income $1,923

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 540.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0191262190000
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 395.69
  • Room Type: All Bedrooms Down, Kitchen

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 384.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1607

Multi Family

  • Gross Income: 1923.00
  • Gross Scheduled Income: 2000.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 7000.0000 Square Feet
  • Net Operating Income: 1923.00
  • 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: 77.00
  • Rent Control: No
  • Total Expenses: 2724.00

Tax Info

  • Tax Block: 64
  • Tax Census Tract: 28.04
  • Tax Lot: 19
  • Tax Tract Number: 2266
  • TaxOtherAnnualAssessmentAmount: 500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Mar 13, 2024
Sold by
Palacios Felix Francisco
Bought by
Ascencio Lara Araceli
Seller's Agent
Kevin Watson
RE/MAX TIME REALTY
Buyer's Agent
Monica Nogales
Century 21 Masters
List Price
$679,000
Sold Price
$679,000
Views
88
Current Estimated Value
$653,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,250
Avg. Annual Appreciation
-3.82%
Original Mortgage
$509,250
Outstanding Balance
$500,284
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$131,308

Purchase Details

Listed on
Jan 25, 2024
Closed on
Feb 2, 2024
Sold by
Edward Malinowski Living Trust
Bought by
Ascencio Lara Araceli
Seller's Agent
Kevin Watson
RE/MAX TIME REALTY
Buyer's Agent
Monica Nogales
Century 21 Masters
List Price
$679,000
Sold Price
$679,000
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,250
Outstanding Balance
$500,284
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$131,308

Purchase Details

Closed on
Jun 13, 2014
Sold by
Malinowski Edward
Bought by
Malinowski Edward

Purchase Details

Closed on
Dec 17, 2010
Sold by
Wells Fargo Bank Na
Bought by
Malinowski Edward

Purchase Details

Closed on
Sep 10, 2010
Sold by
Hernandez Miguel A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 7, 1995
Sold by
Hud
Bought by
Hernandez Miguel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,069
Interest Rate
7.8%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 1994
Sold by
Ge Capital Mtg Services Inc
Bought by
Hud
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ascencio Lara Araceli -- Orange Coast Title Company
Ascencio Lara Araceli $679,000 Orange Coast Title Company
Malinowski Edward -- None Available
Malinowski Edward $90,000 First American Title Company
Wells Fargo Bank Na $90,000 Accommodation
Hernandez Miguel A $50,000 Gateway Title Company
Hud -- First Southwestern Title Co
Ge Capital Mtg Services Inc $69,965 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ascencio Lara Araceli $509,250
Previous Owner Hernandez Miguel A $49,069
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2024 03/15/24 Sold $679,000 0.0% $396 / Sq Ft
01/25/2024 01/25/24 For Sale $679,000 -- $396 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,650 $692,580 $244,800 $447,780
2024 $2,676 $176,718 $43,962 $132,756
2023 $2,162 $173,253 $43,100 $130,153
2022 $2,135 $169,856 $42,255 $127,601
2021 $2,104 $166,525 $41,426 $125,099
2020 $1,442 $105,432 $41,002 $64,430
2019 $1,483 $103,365 $40,198 $63,167
2018 $1,482 $101,338 $39,410 $61,928
2017 $1,449 $99,351 $38,637 $60,714
2016 $1,405 $97,403 $37,879 $59,524
2015 $1,372 $95,940 $37,310 $58,630
2014 $1,359 $94,061 $36,579 $57,482
Source: Public Records

Agents Affiliated with this Home

  • Kevin Watson

    Seller's Agent in 2024

    Kevin Watson

    RE/MAX

    (909) 271-0120

    111 Total Sales

    Kevin Watson
    Section Image
  • Monica Nogales

    Buyer's Agent in 2024

    Monica Nogales

    Century 21 Masters

    (909) 721-4595

    55 Total Sales

    Monica Nogales
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24014928

California Regional Multiple Listing Service (CRMLS)

APN: 0191-262-19

California San Bernardino County Fontana 92335

8836 Pepper Ave, Fontana, CA

Not Listed for Sale

MultiFamily

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