16025 Valencia Court, Fontana, CA 92335
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16025 Valencia Court Fontana, CA 92335

$750,000 Sold Price as of 04/08/2024
  • 6 Beds
  • 3 Baths
  • 2,484 Sq.Ft.
Sold
$750,000 Sold Price as of 04/08/2024 Refinance Your Mortgage

Map preview of 16025 Valencia Court, Fontana, CA 92335

Property Overview: 16025 Valencia Court Fontana, CA has 6 bedrooms, 3 bathrooms, 2,484 living square feet and 8,100 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A very well maintained triplex centrally located in Fontana. All units are 2BR 1BA with its own laundry hoop up, single car garage and central AC. Extra parking spaces are available in back yard. Seller had replaced roof, AC, windows, and appliances in the last few years. Brand new epoxy coating on balcony floor. Long term tenants on monthly leases with major upside on rent. Separate meter for gas and electric. Potential to convert garage into ADU. Please verify with city. Close to freeways, supermarkets, schools and hospital. Drive by only. Do not disturb tenants.

Listed by Wendy Tsau | BRE #01072489 | Wendy Tsau, Broker
Last checked: 11 minutes ago | Last updated: April 9th, 2024 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
8,100
HOA Dues
$0/mo
Year built
1981
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
TR24034078
City
Fontana
County
San Bernardino
Time on Site
215 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # 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: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $45,000
  • Net Operating Income: $27,919
  • Gross Operating Income: $45,000
  • Vacancy Allowance: $450
  • # of Rented Garages: 3
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $16,631
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $7,939
  • Trash: $1,789
  • Gardener: $1,080
  • Insurance: $901
  • Maintenance: $2,673
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $1,049
  • Other Expenses: $1,200
  • Other Expense Description: Reserve

Property Details for 16025 Valencia Court

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Room Information
  • Flooring: Tile
Kitchen Information
  • Has Appliances
  • Disposal, Gas Oven, Gas Range, Water Heater Central
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 0232201080000
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: S/ Arrow Blvd
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 16025 Valencia Court

Last sold for $750,000 on April 8th, 2024
  • April, 2024

  • Apr 8, 2024

    Date

    Sold

    CRMLS: TR24034078

    $750,000

    Price

  • Feb 17, 2024

    Date

    Active

    CRMLS: TR24034078

    $799,888

    Price

  • January, 2015

  • Jan 30, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2014

  • Feb 10, 2014

    Date

    Sold (Public Records)

    Public Records

    $330,000

    Price

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Tax History for 16025 Valencia Court

Assessed Value (2020): $369,896
Year Land Value Improved Value Assessed Value
2020 $78,464 $291,432 $369,896

Home Value Compared to the Market

This property vs the competition

16025 Valencia Court sold on April 8, 2024 for 29.01% higher than the current median sold price for the city of Fontana which is $620,000. The median sold price per/sqft for Fontana is $362 and this home is sold at $322.02 per/sqft which puts the price per square foot 11.05% lower than the current median sale per square foot for the city of Fontana.

About 16025 Valencia Court

Detailed summary of property

16025 Valencia Court is a triplex that recently sold in Fontana, CA 92335. This triplex offered 6 bedrooms, 3 bathrooms, roughly 2,484 living square feet, and sits on an approximately 8,100 square foot lot. 16025 Valencia Court was first listed on ArdentRealEstateGroup.com on February 18, 2024. The homeowner sold the property for $750,000. Home in Fontana are selling for a median price of $620,000 and a median price per square foot of $362. Based on Ardent Real Estate Group's Fontana Market Data, this home is sold 29.01% higher than the current median priced home. Local homes that are currently for sale include 7460 Potomac St, 4829 Hedrick Ave and 7614 Fern St. While the average home in Fontana, CA is selling in 61 days, 16025 Valencia Court has a days on market of 20 days. There are currently 370 homes for sale in the Fontana real estate market and 308 of them are single family homes while 57 of them are condos and 5 are townhomes. For more information on this home for sale at 16025 Valencia Court Fontana, CA 92335 contact Ardent Real Estate Group and we will put you in touch with one of our Fontana agents.

Public Facts for 16025 Valencia Court

Public county record property details
Beds
6
Baths
3
Year built
1981
Sq. Ft.
2,484
Lot Size
8,100
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
8
APN
0232-201-08-0000

The source for these homes facts are from public records.

92335 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$406
Median Sold Price
$593,000
Median Sold Price/Sq.Ft.
$416
Total Inventory
98
Median Sale to List Price %
100.85%
Avg Days on Market
40
Loan Type
Conventional (30%), FHA (50%), VA (5%), Cash (0%), Other (10%)

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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.