F
Seller's Agent in 2019
FRANCISCO ORTIZ
Elevate Real Estate Agency
(909) 730-1787
2 in this area
33 Total Sales
Estimated Value: $582,000 - $772,000
2
Beds
1
Bath
1,040
Sq Ft
$639/Sq Ft
Est. Value
About This Home
As of June 2019Note that this is a short sale transaction. This property is on a lot that is zoned by the City of Ontario as a non-conforming lot. "The City Council finds that nonconforming lots ... are detrimental to the orderly development of the City" (Ontario Development Code, Page 3.01-1, Rev. 20160503). The City will not issue something called a Rebuild Letter (required by most residential lenders for financing) guaranteeing that, if the property burns down to the ground (100%), that they will allow another residential unit or house to be built on this lot. Building currently being used as a home. Home sits between a small parking structure and an office building. It is likely that the buyer of this property may be able to use it as an office. Buyer needs to perform due diligence with the city before determining the viability of this investment. This property may only be purchased in cash or with appropriate financing.
Last Agent to Sell the Property
Elevate Real Estate Agency License #01224017 Listed on: 01/11/2019
Last Buyer's Agent
Elevate Real Estate Agency License #01224017 Listed on: 01/11/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,887
Year Built
- Built in 1940
Lot Details
- 9,558
Parking
- 1 Car Garage
Interior Spaces
- 1,040 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Additional Features
- 9,558 Sq Ft Lot
- Suburban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 24
- Tax Tract Number 4001
- Assessor Parcel Number 1048392050000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 29, 2020
Sold by
Lam Duc Sean
Bought by
Lam Dieu and Lam Lan
Current Estimated Value
Purchase Details
Closed on
Mar 1, 2010
Sold by
Alderete Hector
Bought by
Lam Duc Sean
Purchase Details
Closed on
Apr 10, 2007
Sold by
Alderete Hector
Bought by
Alderete Hector and Alderete Silvia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
6.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 7, 2001
Sold by
Alderete Hector
Bought by
Alderete Hector
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,451
Interest Rate
7.15%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 13, 1997
Sold by
Alderete Silvia
Bought by
Alderete Hector
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,874
Interest Rate
7.83%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lam Dieu | $155,000 | None Available | |
| Lam Duc Sean | $138,000 | First American Title Company | |
| Alderete Hector | -- | Ticor | |
| Alderete Hector | -- | Benefit Land Title | |
| Alderete Hector | -- | Landsafe Title Company | |
| Alderete Hector | $67,000 | Landsafe Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Alderete Hector | $404,000 | |
| Previous Owner | Alderete Hector | $91,451 | |
| Previous Owner | Alderete Hector | $66,874 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/07/2019 06/07/19 | Sold | $230,000 | 0.0% | $221 / Sq Ft |
| 02/13/2019 02/13/19 | Price Changed | $230,000 | -17.9% | $221 / Sq Ft |
| 01/28/2019 01/28/19 | Pending | -- | -- | -- |
| 01/25/2019 01/25/19 | Price Changed | $280,000 | -15.2% | $269 / Sq Ft |
| 01/11/2019 01/11/19 | For Sale | $330,000 | -- | $317 / 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 | $4,887 | $454,622 | $162,365 | $292,257 |
| 2024 | $4,887 | $445,707 | $159,181 | $286,526 |
| 2023 | $4,749 | $436,968 | $156,060 | $280,908 |
| 2022 | $4,687 | $428,400 | $153,000 | $275,400 |
| 2021 | $1,838 | $164,568 | $57,599 | $106,969 |
| 2020 | $1,806 | $162,880 | $57,008 | $105,872 |
| 2019 | $1,791 | $159,686 | $55,890 | $103,796 |
| 2018 | $1,766 | $156,555 | $54,794 | $101,761 |
| 2017 | $1,703 | $153,486 | $53,720 | $99,766 |
| 2016 | $1,636 | $150,477 | $52,667 | $97,810 |
| 2015 | $1,625 | $148,217 | $51,876 | $96,341 |
| 2014 | $1,575 | $145,314 | $50,860 | $94,454 |
Source: Public Records
Agents Affiliated with this Home
-
FRANCISCO ORTIZ
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV19008835
APN: 1048-501-14
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