NOT LISTED FOR SALE

902 E Elma St Ontario, CA 91764

Estimated Value: $577,000 - $782,000

5 Beds
3 Baths
992 Sq Ft
$657/Sq Ft Est. Value

Last Sold December 20, 2018

Last sale price $425,000 $428 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,839/month

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of December 2018

1 3 bedrooms 1 1/2 bath and 1 2 bedrooms 1 bath.

Last Agent to Sell the Property

Tanya Chen

IRN Realty License #01438953 Listed on: 10/31/2018

IRN Realty

Last Buyer's Agent

Tanya Chen

IRN Realty License #01438953 Listed on: 10/31/2018

IRN Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 6,704 Sq Ft Lot
  • No Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 992 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 2079
  • Assessor Parcel Number 1048492010000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,000
  • Water Sewer Expense $1,330
  • New Taxes Expense $3,270
  • Operating Expense $5,600
  • Gross Income $31,200
  • Net Operating Income $25,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1330.00
  • Property Type: Residential Income
  • Parcel Number: 1048492010000
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 428.43

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • 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: 6-10 Units/Acre
  • Lot Size Sq Ft: 6704.00
  • Lot Size Acres: 0.1539

Multi Family

  • Gross Income: 31200.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6704.0000 Square Feet
  • Net Operating Income: 25600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 5600.00
  • Rent Control: No
  • Total Expenses: 5600.00

Tax Info

  • New Taxes Expense: 3270.00
  • Tax Census Tract: 15.03
  • Tax Lot: 13
  • Tax Tract Number: 2079

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2020
Sold by
Hang Nicola and Chiang Ru Suey
Bought by
Hang Nicola and Chiang Ru Suey
Current Estimated Value
$651,715

Purchase Details

Listed on
Oct 31, 2018
Closed on
Nov 6, 2018
Sold by
Chang Katy
Bought by
Hang Nicola and Chiang Ru Suey
Seller's Agent
Tanya Chen
IRN Realty
Buyer's Agent
Tanya Chen
IRN Realty
List Price
$430,000
Sold Price
$425,000
Premium/Discount to List
-$5,000
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$297,500
Outstanding Balance
$262,120
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$389,595

Purchase Details

Closed on
Nov 28, 2011
Sold by
Kiyo Investments Llc
Bought by
Chang James and Chang Katy

Purchase Details

Closed on
Dec 8, 2009
Sold by
Us Bank National Association
Bought by
Kiyo Investments Llc

Purchase Details

Closed on
Jul 7, 2009
Sold by
Rodriguez Rafael
Bought by
Us Bank National Association

Purchase Details

Closed on
Jul 17, 2006
Sold by
Perez Melchor
Bought by
Rodriguez Rafael and Rodriguez Martha I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,700
Interest Rate
6.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 28, 2004
Sold by
Perez Bertha
Bought by
Perez Melchor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2002
Sold by
Flores Refugio
Bought by
Perez Melchor and Perez Jose J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
5.99%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 30, 1996
Sold by
Jones Scott and Minnis Jones Valerie
Bought by
Perez Melcor and Flores Refugio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,350
Interest Rate
7.53%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Jones Scott and Minnis Jones Valerie

Purchase Details

Closed on
Jun 6, 1995
Sold by
Roohi Mohamad H
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hang Nicola -- None Available
Hang Nicola $425,000 Old Republic Title Company
Chang James -- Accommodation
Kiyo Investments Llc $200,000 Lsi Title Company Inc
Us Bank National Association $369,318 Accommodation
Rodriguez Rafael $463,500 Ticor Title
Perez Melchor -- American Title-Orange
Perez Jose -- American Title-Orange
Perez Melchor -- Orange Coast Title
Perez Melcor $129,000 Commonwealth Land Title Co
Jones Scott $50,000 Commonwealth Land Title Co
Federal Home Loan Mortgage Corporation $124,602 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hang Nicola $297,500
Previous Owner Rodriguez Rafael $92,700
Previous Owner Rodriguez Rafael $370,800
Previous Owner Perez Jose $215,000
Previous Owner Perez Melchor $127,500
Previous Owner Perez Melcor $127,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2018 12/20/18 Sold $425,000 -1.2% $428 / Sq Ft
10/31/2018 10/31/18 Pending -- -- --
10/31/2018 10/31/18 For Sale $430,000 -- $433 / 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 $5,095 $474,096 $167,329 $306,767
2024 $5,095 $464,800 $164,048 $300,752
2023 $4,952 $455,686 $160,831 $294,855
2022 $4,887 $446,751 $157,677 $289,074
2021 $4,856 $437,991 $154,585 $283,406
2020 $4,771 $433,500 $153,000 $280,500
2019 $4,730 $425,000 $150,000 $275,000
2018 $2,550 $226,893 $68,069 $158,824
2017 $2,459 $222,444 $66,734 $155,710
2016 $2,362 $218,082 $65,425 $152,657
2015 $2,346 $214,806 $64,442 $150,364
2014 $2,273 $210,599 $63,180 $147,419
Source: Public Records

Agents Affiliated with this Home

  • Tanya Chen

    Seller's Agent in 2018

    Tanya Chen

    IRN Realty

    (909) 630-6961

    8 Total Sales

    Tanya Chen
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR18263230

California Regional Multiple Listing Service (CRMLS)

APN: 1048-492-01

California San Bernardino County Ontario 91764

902 E Elma St, Ontario, CA

Not Listed for Sale

MultiFamily

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