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1222 S Palm Ave, Ontario, CA 91762
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1222 S Palm Ave Ontario, CA 91762

$700,000 Sold Price as of 01/28/2022
  • 3 Beds
  • 2 Baths
  • 1,368 Sq.Ft.
Sold
$700,000 Sold Price as of 01/28/2022 Refinance Your Mortgage
Map preview of 1222 S Palm Ave, Ontario, CA 91762

Property Overview: 1222 S Palm Ave Ontario, CA has 3 bedrooms, 2 bathrooms, 1,368 living square feet and 8,400 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT OPPORTUNIY >>>>>>>>>..TO POSSIBLY BUILD ADDITIONAL DWELLING UNIT DUE TO SIZE OF LARGE LOT ONTARIO DUPLEX BUILT IN 1958 SITTING ON A 8,400 LOT CONSISTS OF TWO SEPERATE UNITS COMBINED APPROXIMATE 1,368 SQUARE FT .ONE UNIT IN FRONT AND SECOND UNIT IN THE BACK . LARGE FRONT YARD WITH A GATE . TWO CAR ENCLOSED GARAGE FOR EACH UNIT. RV PARKING ON THE SIDE YARD.RECENTLY ADDED NEWER KITCHEN, BATHROOM, ROOF FOR BOTH UNITS,WATER FILTERS IN BOTH KITCHEN, TWO ALARM SYSTEM INSTALLED WITH 3 MONITORS IN FRONT AND BACK UNIT. EACH UNIT HAS ITS SEPERATED OWN LAUNDRY ROOM AREA FRONT UNIT LAUNDRY IN GARAGE, BACK UNIT LAUNDRY IN SEPERATED ROOM CLOSE TO KITCHEN AREA. TITLE FLOORING . WINDOW CURTAIN COVER. LANDSCAPING IN FRONT AND BACK YARD. CONCRETE ALL OVER AROUND BOTH UNITS. BETWEEN BOTH UNIT HAS CHAIN FENCE SEPERATELY FOR BOTH IN AND OUT THAT KEEP PRIVATE YARD FOR ENTER DIRECTLY. BOTH UNITS ARE CURRENTLY RENTED.LOCATED CLOSE TO PARK, SCHOOL AND FREEWAYS

Listed by DIANE DIVINITY | BRE #01783811 | KELLER WILLIAMS PREMIER PROPERTIES
Last checked: 14 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
8,400
HOA Dues
$0/mo
Year built
1958
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
IV21239583
City
Ontario
County
San Bernardino
Time on Site
877 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $34,200
  • Net Operating Income: $26,545
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $7,655
  • New Taxes: $11,866
  • Trash: $1,200
  • Insurance: $1,500
  • Workman's Comp: $600
  • Water/Sewer: $2,400

Property Details for 1222 S Palm Ave

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks, Washer Hookup
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 1049551240000
  • Year Built Source: Assessor
  • Property is Attached
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
Location / Neighborhood
Location Information
  • Directions: San Antiono and Phillips
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Ontario Agent

Sale History for 1222 S Palm Ave

Last sold for $700,000 on January 28th, 2022

  • January, 2022

  • Jan 29, 2022

    Date

    Sold

    CRMLS: IV21239583

    $700,000

    Price

  • November, 2017

  • Nov 1, 2017

    Date

    Expired

    CRMLS: TR17066971

    $2,700

    Price

  • Aug 9, 2017

    Date

    Withdrawn

    CRMLS: TR17066971

    $2,700

    Price

  • Aug 8, 2017

    Date

    Price Change

    CRMLS: TR17066971

    $2,700

    Price

  • Aug 8, 2017

    Date

    Active

    CRMLS: TR17066971

    $1,150

    Price

  • Jul 3, 2017

    Date

    Withdrawn

    CRMLS: TR17066971

    $1,150

    Price

  • Jul 2, 2017

    Date

    Price Change

    CRMLS: TR17066971

    $1,150

    Price

  • Jun 28, 2017

    Date

    Active

    CRMLS: TR17066971

    $1,550

    Price

  • May 3, 2017

    Date

    Withdrawn

    CRMLS: TR17066971

    $1,550

    Price

  • May 2, 2017

    Date

    Active

    CRMLS: TR17066971

    $1,550

    Price

  • May 1, 2017

    Date

    Hold

    CRMLS: TR17066971

    $1,550

    Price

  • Apr 30, 2017

    Date

    Active

    CRMLS: TR17066971

    $1,550

    Price

  • Apr 29, 2017

    Date

    Hold

    CRMLS: TR17066971

    $1,550

    Price

  • Apr 22, 2017

    Date

    Active

    CRMLS: TR17066971

    $1,550

    Price

  • Apr 21, 2017

    Date

    Hold

    CRMLS: TR17066971

    $1,550

    Price

  • Apr 19, 2017

    Date

    Active

    CRMLS: TR17066971

    $1,550

    Price

  • Apr 19, 2017

    Date

    Hold

    CRMLS: TR17066971

    $1,550

    Price

  • Apr 2, 2017

    Date

    Price Change

    CRMLS: TR17066971

    $1,550

    Price

  • Mar 31, 2017

    Date

    Active

    CRMLS: TR17066971

    $1,650

    Price

  • Listing provided courtesy of CRMLS

    TWO UNITS - FRONT UNIT AND BACK UNIT. NICE AREA, WALKING DISTANCE TO ELEMENTARY SCHOOL, PARK, CHURCH, SHOPPING. EASY ACCESS TO 10 , 60 , 71, 57 AND 15 FWY. THIS IS FRONT UNIT 1 BEDROOM 1 BATH. PLUS LARGE DETACHED STORE ROOM IN THE BACK OF THIS UNIT. SO, TOTAL USABLE AREA IS MORE THAN 1,000 SQ. FT. JUST REMODELED NEW KITCHEN, BATHROOM AND NEW TITLE FLOOR. FLOOR FLOOD ON LIVING ROOM AND TWO BEDROOM. THIS ONE BEDROOM AND ONE BATH IS BACK UNIT. VERY NICE CONDITION AND CONCRET AND LAWAN TO BE FINISHED AFTER 15TH JULY. IT IS FINISHED REMODELING EXCEPT THE LANDSCAPING.

  • July, 2017

  • Jul 21, 2017

    Date

    Withdrawn

    CRMLS: TR17155394

    $560,000

    Price

  • Jul 13, 2017

    Date

    Active

    CRMLS: TR17155394

    $560,000

    Price

  • Jul 10, 2017

    Date

    Hold

    CRMLS: TR17155394

    $560,000

    Price

  • Jul 8, 2017

    Date

    Active

    CRMLS: TR17155394

    $560,000

    Price

  • Listing provided courtesy of CRMLS

    2 UNITS IN ONE LOT. 2 UNITS IN ONE LOT. NICE AREA, WALKING DISTANCE TO ELEMENTARY SCHOOL, PARK, CHURCH, SHOPPING. EASY ACCESS TO 10 , 60 , 71, 57 AND 15 FWY. THIS IS FRONT UNIT 2 BEDROOM 1 BATH. BACK UNIT IS ONE BEDROOM 1 BATH. BOTH HAVE OWN YARD. AND WILL BE DEVIDED BY CHAIR FENSE BEFORE ESCROW CLOSE. PLUS LARGE DETACHED STORE ROOM IN THE BACK UNITS UNIT. JUST REMODELED NEW KITCHEN, BATHROOM AND NEW TITLE FLOOR. FLOOR FLOOD ON LIVING ROOM AND TWO BEDROOM. THIS ONE BEDROOM AND ONE BATH IS BACK UNIT. VERY NICE CONDITION AND CONCRET AND LAWN TO BE FINISHED AFTER 30TH JULY. IT IS FINISHED REMODELING EXCEPT THE LANDSCAPING.

  • September, 2016

  • Sep 28, 2016

    Date

    Sold (Public Records)

    Public Records

    $335,000

    Price

Show More

Tax History for 1222 S Palm Ave

Assessed Value (2020): $355,505
Year Land Value Improved Value Assessed Value
2020 $132,651 $222,854 $355,505

Home Value Compared to the Market

This property vs the competition

1222 S Palm Ave sold on January 28, 2022 for 2.7% lower than the current median sold price for the city of Ontario which is $698,845. The median sold price per/sqft for Ontario is $418 and this home is sold at $497.08 per/sqft which puts the price per square foot 18.92% higher than the current median sale per square foot for the city of Ontario.

About 1222 S Palm Ave

Detailed summary of property

1222 S Palm Ave is a duplex that recently sold in Ontario, CA 91762. This duplex offered 3 bedrooms, 2 bathrooms, roughly 1,368 living square feet, and sits on an approximately 8,400 square foot lot. 1222 S Palm Ave was first listed on ArdentRealEstateGroup.com on December 14, 2021. The homeowner sold the property for $700,000. Home in Ontario are selling for a median price of $698,845 and a median price per square foot of $418. Based on Ardent Real Estate Group's Ontario Market Data, this home is sold 2.7% lower than the current median priced home. Local homes that are currently for sale include 563 W Evans St, 856 N Arrowhead Ave and 933 N Mountain View Ave. While the average home in Ontario, CA is selling in 49 days, 1222 S Palm Ave has a days on market of 21 days. There are currently 302 homes for sale in the Ontario real estate market and 160 of them are single family homes while 120 of them are condos and 22 are townhomes. For more information on this home for sale at 1222 S Palm Ave Ontario, CA 91762 contact Ardent Real Estate Group and we will put you in touch with one of our Ontario agents.

Public Facts for 1222 S Palm Ave

Public county record property details
Beds
2
Baths
1
Year built
1958
Sq. Ft.
780
Lot Size
8,400
Stories
1
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
1049-551-24-0000

The source for these homes facts are from public records.

91762 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$685,000
Median List Price/Sq.Ft.
$424
Median Sold Price
$740,000
Median Sold Price/Sq.Ft.
$416
Total Inventory
100
Median Sale to List Price %
102.07%
Avg Days on Market
20
Loan Type
Conventional (63.89%), FHA (5.56%), VA (0%), Cash (22.22%), Other (8.33%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 1222 S Palm Ave

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$725,000 Last Sold Price
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918 S Palm Ave
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4 Beds
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1215 S Bonita Court, Ontario, CA 91762
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Related Resources to 1222 S Palm Ave

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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.

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