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8447 Palmetto Ave, Fontana, CA 92335
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8447 Palmetto Ave Fontana, CA 92335

$750,000 Sold Price as of 02/07/2020
  • 9 Beds
  • 6 Baths
  • 2,673 Sq.Ft.
Sold
$750,000 Sold Price as of 02/07/2020 Refinance Your Mortgage
Map preview of 8447 Palmetto Ave, Fontana, CA 92335

Property Overview: 8447 Palmetto Ave Fontana, CA has 9 bedrooms, 6 bathrooms, 2,673 living square feet and 30,213 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: EXCELLENT CASH-FLOW OPPORTUNITY in Fontana. The home is being sold together 8447 & 8449 Palmetto Ave are both for sale at the listed price as 4 total units (House plus Triplex). Front home has 2,624 square feet of living space. It features 3 bedrooms, 3 bathrooms, 2 fireplaces. LOt is over 11,000 sq feet. Three units behind the main home, all have been living there for more then 10 years with the exception of one person. Unit A has 2 bedrooms & 1 bathroom, living room and kitchen, Unit B has been completely remodeled 3 bedrooms & 1 bathroom, living room and kitchen & Unit C the 3rd detached unit has 1 bedroom & 1 bath, living room, and Kitchen area. Lot is huge over 30,000 sq feet. Separate Laundry area shared with everyone each have their own washer and dryer there. Tons of parking the possibilities are endless.

Listed by BRENDA GERACI | BRE #01373612 | KW COLLEGE PARK
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 110

Home details

Lot Sq. Ft
30,213
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
CV19137082
City
Fontana
County
San Bernardino
Time on Site
1521 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
  • # of Leased Units: 3
  • # of Electric Meters: 0
  • # of Gas Meters: 1
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,050
  • Total Rent: $1,050
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $800
  • Pro Forma/Market Rent: $900
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $5,850
  • Net Operating Income: $1,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,000
  • Electric: $5,400
  • Gas/Fuel: $0
  • New Taxes: $11,612
  • Trash: $1,800
  • Insurance: $900
  • Water/Sewer: $4,200

Property Details for 8447 Palmetto Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 0192121210000
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: foothill and sierra
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Fontana Agent

Sale History for 8447 Palmetto Ave

Last sold for $750,000 on February 7th, 2020

  • February, 2020

  • Feb 8, 2020

    Date

    Sold

    CRMLS: CV19137082

    $750,000

    Price

  • Oct 1, 2019

    Date

    Pending

    CRMLS: CV19137082

    $799,000

    Price

  • Sep 20, 2019

    Date

    Price Change

    CRMLS: CV19137082

    $799,000

    Price

  • Sep 11, 2019

    Date

    Price Change

    CRMLS: CV19137082

    $849,000

    Price

  • Aug 27, 2019

    Date

    Price Change

    CRMLS: CV19137082

    $869,000

    Price

  • Jul 8, 2019

    Date

    Price Change

    CRMLS: CV19137082

    $899,000

    Price

  • Jun 11, 2019

    Date

    Active

    CRMLS: CV19137082

    $929,000

    Price

  • February, 2020

  • Feb 7, 2020

    Date

    Sold (Public Records)

    Public Records

    $750,000

    Price

  • December, 2019

  • Dec 10, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 8447 Palmetto Ave

Assessed Value (2020): $392,922
Year Land Value Improved Value Assessed Value
2020 $116,902 $276,020 $392,922

Home Value Compared to the Market

This property vs the competition

8447 Palmetto Ave sold on February 7, 2020 for 28.87% 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 $298.92 per/sqft which puts the price per square foot 17.43% lower than the current median sale per square foot for the city of Fontana.

About 8447 Palmetto Ave

Detailed summary of property

8447 Palmetto Ave is a multi family that recently sold in Fontana, CA 92335. This multi family property offered 9 bedrooms, 6 bathrooms, roughly 2,673 living square feet, and sits on an approximately 30,213 square foot lot. 8447 Palmetto Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. 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 28.87% higher than the current median priced home. Local homes that are currently for sale include 7460 Potomac St, 8876 Cypress Ave and 7129 Perris Hill Rd. While the average home in Fontana, CA is selling in 61 days, 8447 Palmetto Ave has a days on market of 110 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 8447 Palmetto Ave Fontana, CA 92335 contact Ardent Real Estate Group and we will put you in touch with one of our Fontana agents.

Public Facts for 8447 Palmetto Ave

Public county record property details
Beds
--
Baths
--
Year built
1950
Sq. Ft.
2,673
Lot Size
30,213
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
8
APN
0192-121-21-0000

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
$580,000
Median List Price/Sq.Ft.
$406
Median Sold Price
$593,000
Median Sold Price/Sq.Ft.
$416
Total Inventory
93
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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Recently Sold Homes Near 8447 Palmetto Ave

8449 Palmetto Ave, Fontana, CA 92335
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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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