NOT LISTED FOR SALE

947 E Elma St Unit A-B Ontario, CA 91764

Estimated Value: $612,000 - $826,000

2 Beds
1 Bath
2,350 Sq Ft
$325/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $400,000 $170 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,436/month

22 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wood Flooring
  • Two Homes on a Lot
  • Laundry Room

About This Home

As of August 2015

Great investment opportunity! 3 unit triplex in good rental area of Ontario. Front house is 2 bedroom with 1 bath. Property also has two 3 bedroom 1 bath units in rear. Newly painted. Units are in good condition. Separate electric and gas meters. Live in one and rent out the other units. Great cash flow.

Last Agent to Sell the Property

GRANT BASCOM

RE/MAX ADVANTAGE License #01885074 Listed on: 06/23/2015

Last Buyer's Agent

GRANT BASCOM

RE/MAX ADVANTAGE License #01885074 Listed on: 06/23/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,097

Year Built

  • Built in 1963

Lot Details

  • 6,930 Sq Ft Lot
  • Fenced
  • Fence is in average condition
  • On-Hand Building Permits

Parking

  • On-Street Parking

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,350 Sq Ft Home
  • Window Screens
  • Combination Dining and Living Room
  • Wood Flooring
  • Gas Cooktop
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater
  • Sewer Paid

Additional Features

  • Two Homes on a Lot
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 1503
  • Assessor Parcel Number 1048491430000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,097

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Property Condition: Building Permit
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1048491430000
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2350.00
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Living Room
  • Levels: One
  • Price Per Square Foot: 170.21
  • Room Type: All Bedrooms Down
  • Window Features: Screens

Exterior Features

  • Foundation: Slab
  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Asphalt
  • Construction Materials: Frame

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Cooktop, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6930.00
  • Price Per Lot Square Foot: 57.72
  • Lot Size Acres: 0.1590

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6930.0000 Square Feet

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 001503

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2015
Closed on
Aug 10, 2015
Sold by
Hu Han Zhong
Bought by
Ip Yee Wan
Seller's Agent
GRANT BASCOM
RE/MAX ADVANTAGE
Buyer's Agent
GRANT BASCOM
RE/MAX ADVANTAGE
List Price
$419,000
Sold Price
$400,000
Premium/Discount to List
-$19,000
-4.53%
Current Estimated Value
$764,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,724
Avg. Annual Appreciation
6.58%
Original Mortgage
$300,000
Outstanding Balance
$236,109
Interest Rate
4.05%
Mortgage Type
VA
Estimated Equity
$528,615

Purchase Details

Listed on
Jun 23, 2015
Closed on
Jul 27, 2015
Sold by
Bascom Brian D
Bought by
Ip Yee Wan
Seller's Agent
GRANT BASCOM
RE/MAX ADVANTAGE
Buyer's Agent
GRANT BASCOM
RE/MAX ADVANTAGE
List Price
$419,000
Sold Price
$400,000
Premium/Discount to List
-$19,000
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$236,109
Interest Rate
4.05%
Mortgage Type
VA
Estimated Equity
$528,615

Purchase Details

Closed on
Feb 7, 2001
Sold by
Bascom Grant L
Bought by
Bascom Grant L and Grant L Bascom 2000 Family Tru

Purchase Details

Closed on
Jun 26, 1995
Sold by
Bascom Doris J
Bought by
Bascom Grant L
Source: Public Records

Range of Values:

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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
Ip Yee Wan -- Lawyers Title Company
Ip Yee Wan $400,000 Lawyers Title Company
Bascom Grant L -- --
Bascom Grant L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ip Yee Wan $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2015 08/28/15 Sold $400,000 -4.5% $170 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
06/23/2015 06/23/15 For Sale $419,000 -- $178 / 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 $5,097 $473,519 $165,731 $307,788
2024 $5,097 $464,234 $162,481 $301,753
2023 $4,953 $455,131 $159,295 $295,836
2022 $4,888 $446,207 $156,172 $290,035
2021 $4,858 $437,458 $153,110 $284,348
2020 $4,772 $432,972 $151,540 $281,432
2019 $4,732 $424,483 $148,569 $275,914
2018 $4,666 $416,160 $145,656 $270,504
2017 $4,499 $408,000 $142,800 $265,200
2016 $638 $56,832 $9,930 $46,902
2015 $633 $55,978 $9,781 $46,197
2014 $613 $54,881 $9,589 $45,292
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV15141681

California Regional Multiple Listing Service (CRMLS)

APN: 1048-491-43