1148 Virginia Ave, Ontario, CA 91764
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1148 Virginia Ave Ontario, CA 91764

$620,000 Sold Price as of 01/18/2023
  • 4 Beds
  • 2 Baths
  • 1,621 Sq.Ft.
Sold
$620,000 Sold Price as of 01/18/2023 Refinance Your Mortgage

Map preview of 1148 Virginia Ave, Ontario, CA 91764

Property Overview: 1148 Virginia Ave Ontario, CA has 4 bedrooms, 2 bathrooms, 1,621 living square feet and 9,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Rare opportunity for you to own a rehabbed home and rehabbed ADU, in a great area and have rental income of approximately $1,800. And potentially build onto the ADU from current size of 1/1 621 SF to upto a 3 bedroom 2 bath 1,200 square foot. Think about it, if you buy this property, you use the $1,800 rent to offset a good portion of the mortgage then you hire a architect to design plans to build onto the existing ADU, if you build at $200 per square foot and the value of the newly build out ADU area would be closer to $425 per square foot, now you have both equity and two units, and new rental income for Adu could be up to $3,000 per month. Or you can purchase, hire architect, build out, rent both houses and have both positive cash flow and equity. BOOM! This is a property you keep for retirement or your kids future. Ontario will always be HOT and on High demand. Good luck!

Listed by MANUEL BADIOLA | BRE #01192381 | MONACO REALTY
Last checked: 14 minutes ago | Last updated: January 20th, 2023 | Source CRMLS | DOM: 95

Home details

Lot Sq. Ft
9,000
HOA Dues
$0/mo
Year built
1954
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
IV22190528
City
Ontario
County
San Bernardino
Time on Site
722 days

Property Details for 1148 Virginia Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 4
  • Downstairs Bathrooms: 2
  • All Bedrooms Down
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Mountain(s)
  • Common Walls: 2+ Common Walls
  • Total # of Units: 2
  • Parcel Number: 1047462060000
  • Year Built Source: Assessor
  • Property is Attached
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Ontario-Montclair
Location / Neighborhood
Location Information
  • Directions: EXIT 10 FWY
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Ontario Agent

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Sale History for 1148 Virginia Ave

Last sold for $620,000 on January 18th, 2023
  • January, 2023

  • Jan 18, 2023

    Date

    Sold

    CRMLS: IV22190528

    $620,000

    Price

  • Sep 29, 2022

    Date

    Active

    CRMLS: IV22190528

    $670,000

    Price

  • June, 2022

  • Jun 9, 2022

    Date

    Sold

    CRMLS: CV22086877

    $482,777

    Price

  • Apr 28, 2022

    Date

    Active

    CRMLS: CV22086877

    $499,999

    Price

  • Listing provided courtesy of CRMLS

    Welcome to Ontario!! Great opportunity to own this 969sqft home which features 3-bedroom, 1-bathroom, long driveway, Carport, and a lot size of 9000sqft. Not to mention there is a back unit with opportunity for an ADU. Close to schools and shopping centers and fwy's. This is a must see and great opportunity for INVESTOR!!

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Tax History for 1148 Virginia Ave

Assessed Value (2020): $32,814
Year Land Value Improved Value Assessed Value
2020 $10,315 $22,499 $32,814

Home Value Compared to the Market

This property vs the competition

1148 Virginia Ave sold on January 18, 2023 for 2.24% lower than the current median sold price for the city of Ontario which is $635,000. The median sold price per/sqft for Ontario is $420 and this home is sold at $382.96 per/sqft which puts the price per square foot 8.82% lower than the current median sale per square foot for the city of Ontario.

About 1148 Virginia Ave

Detailed summary of property

1148 Virginia Ave is a single family home that recently sold in Ontario, CA 91764. This house offered 4 bedrooms, 2 bathrooms, roughly 1,621 living square feet, and sits on an approximately 9,000 square foot lot. 1148 Virginia Ave was first listed on ArdentRealEstateGroup.com on September 29, 2022. The homeowner sold the property for $620,000. Home in Ontario are selling for a median price of $635,000 and a median price per square foot of $420. Based on Ardent Real Estate Group's Ontario Market Data, this home is sold 2.24% lower than the current median priced home. Local homes that are currently for sale include 705 N Campus Ave, 1706 E Yale St and 534 E Granada Court. While the average home in Ontario, CA is selling in 54 days, 1148 Virginia Ave has a days on market of 95 days. There are currently 389 homes for sale in the Ontario real estate market and 227 of them are single family homes while 137 of them are condos and 25 are townhomes. For more information on this home for sale at 1148 Virginia Ave Ontario, CA 91764 contact Ardent Real Estate Group and we will put you in touch with one of our Ontario agents.

Public Facts for 1148 Virginia Ave

Public county record property details
Beds
2
Baths
1
Year built
1954
Sq. Ft.
969
Lot Size
9,000
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
San Bernardino
Lot#
807
APN
1047-462-06-0000

The source for these homes facts are from public records.

91764 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$630,000
Median List Price/Sq.Ft.
$436
Median Sold Price
$635,000
Median Sold Price/Sq.Ft.
$466
Total Inventory
70
Median Sale to List Price %
102.44%
Avg Days on Market
23
Loan Type
Conventional (61.54%), FHA (23.08%), VA (3.85%), Cash (3.85%), Other (7.69%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.