NOT LISTED FOR SALE

9261 Date St Fontana, CA 92335

Estimated Value: $713,000 - $898,989

6 Beds
3 Baths
2,173 Sq Ft
$367/Sq Ft Est. Value

Last Sold January 03, 2018

Last sale price $525,000 $242 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,804/month

61 Days on Market

Highlights

  • No HOA
  • Back and Front Yard
  • 1-Story Property
  • Laundry Room

About This Home

As of January 2018

Three stand-alone houses on one large lot located in central Fontana! Each home has a large front and backyard and is individually metered for gas and electric!
This highly demanded property is perfect for an owner/investor who could live rent free! The property is also perfect for savvy investors, as the property can easily yield a ten percent return! Properties with such returns don't come around often! The property is also a great development opportunity with favorable zoning.

The property consists of three houses, all 2 bed, and 1 bath. The front house, slightly larger and slightly older, is approximately 950 square feet. This property has just been completely remodeled, inside and out. It has wood flooring, granite countertop kitchen, real wood kitchen cabinets, new garage door, six-panel doors, new stucco and much more! It's simply gorgeous!

The back two houses are identical in size and layout. They are on a slab foundation and newer than the front house. They are approximately 750 square feet.

There is a detached 2 car garage on the property between the first and second home.

Jump on this opportunity before it's gone!!

Last Agent to Sell the Property

Husam Suleiman

IPC REALTY & LENDING License #01306392 Listed on: 09/28/2017

Last Buyer's Agent

Jose Lopez

All Nations Realty & Investments License #01739381

All Nations Realty & Investments

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.47 Acre Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 3 Car Garage

Interior Spaces

  • 2,173 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Listing and Financial Details

  • Tenant pays for cable TV, electricity, grounds care, gas
  • Tax Lot 001
  • Tax Tract Number 1
  • Assessor Parcel Number 0193081180000

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $972
  • Trash Expense $948
  • Water Sewer Expense $2,611
  • New Taxes Expense $5,490
  • Operating Expense $10,021
  • Gross Income $48,000
  • Net Operating Income $37,979

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • CapRate: 6.92
  • Property Attached: No
  • Water Sewer Expenses: 2611.00
  • Property Type: Residential Income
  • Parcel Number: 0193081180000
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 241.60

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 948.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 20400.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Grounds Care, Gas

Multi Family

  • Average2 Bed Area: 733 Square Feet
  • Gross Income: 48000.00
  • Gross Multiplier: 13.70
  • Gross Operating Income: 48000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 972.00
  • Net Operating Income: 37979.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 10021.00
  • Rent Control: No
  • Total Actual Rent: 4000.00
  • Total Expenses: 10021.00

Tax Info

  • New Taxes Expense: 5490.00
  • Tax Census Tract: 31.01
  • Tax Lot: 001
  • Tax Tract Number: 001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2019
Sold by
Martinez Maria A
Bought by
Martinez Ceasar
Current Estimated Value
$798,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,600
Outstanding Balance
$453,215
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$345,282

Purchase Details

Listed on
Sep 28, 2017
Closed on
Dec 29, 2017
Sold by
Suleiman Husam
Bought by
Martinez Ceasar and Martinez Maria A
Seller's Agent
Husam Suleiman
IPC REALTY & LENDING
Buyer's Agent
Jose Lopez
All Nations Realty & Investments
List Price
$549,000
Sold Price
$525,000
Premium/Discount to List
-$24,000
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$465,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2004
Sold by
Suleiman Abeer
Bought by
Suleiman Husam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 1998
Sold by
Houtz Harold W and Houtz Joan D
Bought by
Suleiman Husam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
7.01%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Purchase History

Date Buyer Sale Price Title Company
Martinez Ceasar -- Lawyers Title La
Martinez Ceasar -- Lawyers Title La
Martinez Ceasar $525,000 Wfg National Title Company
Suleiman Husam -- Investors Title Co San Bern
Suleiman Husam -- Investors Title Co San Bern
Suleiman Husam $105,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Ceasar $514,600
Closed Martinez Ceasar $465,000
Previous Owner Suleiman Husam $164,500
Previous Owner Suleiman Husam $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2018 01/03/18 Sold $525,000 -4.4% $242 / Sq Ft
12/08/2017 12/08/17 For Sale $549,000 +4.6% $253 / Sq Ft
11/28/2017 11/28/17 Off Market $525,000 -- --
11/28/2017 11/28/17 Pending -- -- --
09/28/2017 09/28/17 For Sale $549,000 -- $253 / 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 $7,798 $597,360 $256,011 $341,349
2024 $7,238 $585,647 $250,991 $334,656
2023 $6,998 $574,164 $246,070 $328,094
2022 $6,935 $562,906 $241,245 $321,661
2021 $6,843 $551,869 $236,515 $315,354
2020 $3,432 $546,210 $234,090 $312,120
2019 $6,543 $535,500 $229,500 $306,000
2018 $2,442 $144,669 $20,665 $124,004
2017 $2,367 $141,833 $20,260 $121,573
2016 $2,278 $139,052 $19,863 $119,189
2015 $2,216 $136,964 $19,565 $117,399
2014 $2,189 $134,281 $19,182 $115,099
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV17224061

California Regional Multiple Listing Service (CRMLS)

APN: 0193-081-18