L
Seller's Agent in 2020
LEE CRIPPS
REAL PROPERTY INVESTMENTS
(909) 560-0244
1 in this area
11 Total Sales
8847 Archibald Ave Rancho Cucamonga, CA 91730
2
Beds
1
Bath
2,300
Sq Ft
0.25
Acres
About This Home
As of October 2020Price reduced! Seller wants it sold! This is a great investment opportunity! Convenience store and home on one lot on Archibald Ave. There are tenants in both the home and the store. The store is equipped with refrigeration and a kitchen. The store is approximately 1700 square feet and is leased through 2020. The home is a 2 bedroom 1 bath single family residence. The convenience store gets lots of traffic and visibility on Archibald Ave. Both structures need some repairs but in overall average condition.
Last Agent to Sell the Property
JOHN REVELES
EXP REALTY OF CALIFORNIA INC License #01358483 Listed on: 07/02/2017
Last Buyer's Agent
Jenifer Smith
AARE License #01906588
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,000
Year Built
- Built in 1960
Lot Details
- 0.25 Acre Lot
- No Common Walls
- Value in Land
Home Design
- 2,300 Sq Ft Home
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Laundry
- Laundry Room
- Laundry Located Outside
Utilities
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 27
- Tax Tract Number 8
- Assessor Parcel Number 0209061220000
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,250
- Trash Expense $500
- New Taxes Expense $6,500
- Operating Expense $8,250
- Gross Income $26,400
- Net Operating Income $21,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 10, 2020
Closed on
Sep 29, 2020
Sold by
Koussa Roula Ei
Bought by
Moussa Wasel
Seller's Agent
LEE CRIPPS
REAL PROPERTY INVESTMENTS
Buyer's Agent
LEE CRIPPS
REAL PROPERTY INVESTMENTS
List Price
$670,000
Sold Price
$555,000
Premium/Discount to List
-$115,000
-17.16%
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
$213,105
Avg. Annual Appreciation
6.83%
Original Mortgage
$455,000
Outstanding Balance
$405,612
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$362,493
Purchase Details
Listed on
Aug 10, 2020
Closed on
Sep 7, 2020
Sold by
Shinedling Kenneth Aaron and The Ka Shinedling Trust
Bought by
Moussa Wasel and Moussa Jad
Seller's Agent
LEE CRIPPS
REAL PROPERTY INVESTMENTS
Buyer's Agent
LEE CRIPPS
REAL PROPERTY INVESTMENTS
List Price
$670,000
Sold Price
$555,000
Premium/Discount to List
-$115,000
-17.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Outstanding Balance
$405,612
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$362,493
Purchase Details
Listed on
Feb 28, 2018
Closed on
Jun 29, 2018
Sold by
Ricky Martinez And Associates Investment
Bought by
Shinedling Kenneth Aaron
Seller's Agent
Jenifer Smith
AARE
Buyer's Agent
LEE CRIPPS
REAL PROPERTY INVESTMENTS
List Price
$590,000
Sold Price
$555,000
Premium/Discount to List
-$35,000
-5.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Purchase Details
Listed on
Jul 2, 2017
Closed on
Dec 28, 2017
Sold by
Garcia Ronald Michael and Garcia Anita Mary
Bought by
Ricky Martinez And Associates Investment
Seller's Agent
JOHN REVELES
EXP REALTY OF CALIFORNIA INC
Buyer's Agent
Jenifer Smith
AARE
List Price
$799,000
Sold Price
$465,000
Premium/Discount to List
-$334,000
-41.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.39%
Original Mortgage
$420,000
Interest Rate
3.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 24, 2015
Sold by
Garcia Anita M
Bought by
The Ronald Michael Garcia & Anita Mary G
Purchase Details
Closed on
Jun 29, 2006
Sold by
Valadez Mary C
Bought by
Valadez Mary C
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Lawyers Title | |
| Warranty Deed | $555,000 | Lawyers Title | |
| Grant Deed | $555,000 | Fidelity National Title Comp | |
| Grant Deed | $465,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $455,000 | New Conventional | |
| Previous Owner | $420,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/05/2020 10/05/20 | Sold | $555,000 | -17.2% | $243 / Sq Ft |
| 08/10/2020 08/10/20 | For Sale | $670,000 | +20.7% | $294 / Sq Ft |
| 07/09/2018 07/09/18 | Sold | $555,000 | -5.9% | $243 / Sq Ft |
| 05/18/2018 05/18/18 | Pending | -- | -- | -- |
| 02/28/2018 02/28/18 | For Sale | $590,000 | +26.9% | $259 / Sq Ft |
| 02/07/2018 02/07/18 | Sold | $465,000 | -22.5% | $202 / Sq Ft |
| 12/17/2017 12/17/17 | Price Changed | $599,900 | -7.7% | $261 / Sq Ft |
| 07/27/2017 07/27/17 | Price Changed | $649,900 | -18.7% | $283 / Sq Ft |
| 07/02/2017 07/02/17 | For Sale | $799,000 | -- | $347 / 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 |
|---|---|---|---|---|
| 2025 | $7,000 | $600,750 | $243,547 | $357,203 |
| 2024 | $7,000 | $588,971 | $238,772 | $350,199 |
| 2023 | $6,073 | $577,422 | $234,090 | $343,332 |
| 2022 | $5,963 | $566,100 | $229,500 | $336,600 |
| 2021 | $5,911 | $555,000 | $225,000 | $330,000 |
| 2020 | $5,980 | $566,100 | $285,600 | $280,500 |
| 2019 | $5,949 | $474,300 | $280,500 | $193,800 |
| 2018 | $1,761 | $162,778 | $55,426 | $107,352 |
| 2017 | $1,697 | $159,586 | $54,339 | $105,247 |
| 2016 | $1,675 | $17,033 | $4,526 | $12,507 |
| 2015 | $214 | $16,777 | $4,458 | $12,319 |
| 2014 | -- | $16,449 | $4,371 | $12,078 |
Source: Public Records
Agents Affiliated with this Home
-
LEE CRIPPS
-
J
Seller's Agent in 2018
Jenifer Smith
AARE
-
J
Seller's Agent in 2018
JOHN REVELES
EXP REALTY OF CALIFORNIA INC
-
Christian Fuentes
Seller Co-Listing Agent in 2018
Christian Fuentes
RE/MAX
(626) 655-9020
107 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV17150220
APN: 0209-061-22
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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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