NOT LISTED FOR SALE

934 E Elma St Ontario, CA 91764

Estimated Value: $585,000 - $673,462

3 Beds
1 Bath
1,723 Sq Ft
$373/Sq Ft Est. Value

Last Sold July 22, 2014

Last sale price $285,000 $165 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $3,747/month

25 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • No HOA
  • Laundry Room
  • Carpet

About This Home

As of July 2014

Income property with 2 units, front unit being a 3 bedrooms 1 bathroom, second unit with 2 bedrooms 1 bathroom. Front unit has detached garage, back unit has its own entrance through the alley but also with access to the front. This property is good for a big family or it could be a good as an investment property.

Last Agent to Sell the Property

Elva Ulloa

HOMERICA REALTY License #01898047 Listed on: 05/08/2014

Last Buyer's Agent

Elva Ulloa

HOMERICA REALTY License #01898047 Listed on: 05/08/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 6,678 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Unassigned Parking

Interior Spaces

  • 1,723 Sq Ft Home
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 1 Bathroom

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 2079
  • Assessor Parcel Number 1048492070000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $360
  • Water Sewer Expense $1,800
  • New Taxes Expense $3,800
  • Gross Income $2,400
  • Net Operating Income $21,340

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

6,678 Sq Ft Lot

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 1048492070000
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 165.41
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Water Heater
  • Heating Type: Central
  • Laundry Features: Common Area
  • Trash Expense: 360.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6678.00
  • Lot Size Acres: 0.1530

Multi Family

  • Gross Income: 2400.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6678.0000 Square Feet
  • Net Operating Income: 21340.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7460.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3800.00
  • Tax Lot: 7
  • Tax Tract Number: 2079

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2014
Closed on
Jun 27, 2014
Sold by
Gonzalez Roberto
Bought by
Yu Karen and Yu Jack
Seller's Agent
Elva Ulloa
HOMERICA REALTY
Buyer's Agent
Elva Ulloa
HOMERICA REALTY
List Price
$310,000
Sold Price
$285,000
Premium/Discount to List
-$25,000
-8.06%
Current Estimated Value
$642,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,366
Avg. Annual Appreciation
7.19%

Purchase Details

Closed on
May 14, 2007
Sold by
Gonzalez Roberto
Bought by
Gonzalez Roberto and Franco Maria Luisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2000
Sold by
Sanchez Miguel A
Bought by
Gonzalez Roberto

Purchase Details

Closed on
Nov 3, 1999
Sold by
Flores Jose G
Bought by
Gonzalez Roberto and Sanchez Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,814
Interest Rate
8.26%
Mortgage Type
FHA
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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Purchase History

Date Buyer Sale Price Title Company
Yu Karen $285,000 Lawyers Title
Gonzalez Roberto -- Alliance Title Company
Gonzalez Roberto -- --
Gonzalez Roberto $145,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Roberto $147,000
Previous Owner Gonzalez Roberto $143,814
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2014 07/22/14 Sold $285,000 -8.1% $165 / Sq Ft
06/02/2014 06/02/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $310,000 -- $180 / 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 $3,773 $342,527 $96,148 $246,379
2024 $3,688 $335,811 $94,263 $241,548
2023 $3,584 $329,227 $92,415 $236,812
2022 $3,537 $322,772 $90,603 $232,169
2021 $3,515 $316,443 $88,826 $227,617
2020 $3,453 $313,198 $87,915 $225,283
2019 $3,424 $307,057 $86,191 $220,866
2018 $3,376 $301,036 $84,501 $216,535
2017 $3,255 $295,133 $82,844 $212,289
2016 $3,127 $188,263 $51,936 $136,327
2015 $2,210 $185,435 $51,156 $134,279
2014 $2,073 $181,803 $50,154 $131,649
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14096426

California Regional Multiple Listing Service (CRMLS)

APN: 1048-492-07

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