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8566 Locust Ave, Fontana, CA 92335
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8566 Locust Ave Fontana, CA 92335

$720,000 Sold Price as of 06/15/2020
  • 8 Beds
  • 4 Baths
  • 3,472 Sq.Ft.
Sold
$720,000 Sold Price as of 06/15/2020 Refinance Your Mortgage
Map preview of 8566 Locust Ave, Fontana, CA 92335

Property Overview: 8566 Locust Ave Fontana, CA has 8 bedrooms, 4 bathrooms, 3,472 living square feet and 24,570 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 3 SEPARATE HOMES IN ONE LOT WITH OWN GARAGE EACH AND OWN FENCED YARD!!!! ALL HOMES ARE IN GREAT CONDITION!! 4 BED 2 BATH 1792 SQFT. 2 OTHER UNITS ARE 2 BED 1 BATH 860 SQFT. EACH UNIT HAS OWN ELECTRIC, GAS AND WATER METER. LOT SIZE 24,570 SQFT THAT ACCORDING TO CITY OF FONTANA IT COULD BE SUBDIVIDED INTO 3-4 INDIVIDUAL LOTS. GREAT INCOME PROPERTY!!

Listed by Elvira Diaz Ley | BRE #01222740 | T.N.G. Real Estate Consultants
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 187

Home details

Lot Sq. Ft
24,570
HOA Dues
$0/mo
Year built
1946
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW19225403
City
Fontana
County
San Bernardino
Time on Site
1521 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,260
  • Total Rent: $1,260
  • Pro Forma/Market Rent: $1,260
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $4,400
  • Net Operating Income: $4,460
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $520
  • Trash: $0
  • Insurance: $100
  • Water/Sewer: $0

Property Details for 8566 Locust Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Estimated
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 0246163020000
  • 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: S/Arrow Hwy E Sierra
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Fontana Agent

Sale History for 8566 Locust Ave

Last sold for $720,000 on June 15th, 2020

  • June, 2020

  • Jun 16, 2020

    Date

    Sold

    CRMLS: PW19225403

    $720,000

    Price

  • May 12, 2020

    Date

    Active Under Contract

    CRMLS: PW19225403

    $730,000

    Price

  • Mar 16, 2020

    Date

    Active

    CRMLS: PW19225403

    $730,000

    Price

  • Mar 1, 2020

    Date

    Pending

    CRMLS: PW19225403

    $730,000

    Price

  • Feb 2, 2020

    Date

    Active

    CRMLS: PW19225403

    $730,000

    Price

  • Jan 7, 2020

    Date

    Hold

    CRMLS: PW19225403

    $730,000

    Price

  • Oct 28, 2019

    Date

    Price Change

    CRMLS: PW19225403

    $730,000

    Price

  • Oct 28, 2019

    Date

    Active

    CRMLS: PW19225403

    $720,000

    Price

  • Oct 12, 2019

    Date

    Active Under Contract

    CRMLS: PW19225403

    $720,000

    Price

  • Sep 21, 2019

    Date

    Active

    CRMLS: PW19225403

    $720,000

    Price

  • June, 2020

  • Jun 15, 2020

    Date

    Sold (Public Records)

    Public Records

    $720,000

    Price

  • March, 2015

  • Mar 6, 2015

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

Show More

Tax History for 8566 Locust Ave

Assessed Value (2020): $432,983
Year Land Value Improved Value Assessed Value
2020 $104,400 $328,583 $432,983

Home Value Compared to the Market

This property vs the competition

8566 Locust Ave sold on June 15, 2020 for 17.74% 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 $210.25 per/sqft which puts the price per square foot 41.92% lower than the current median sale per square foot for the city of Fontana.

About 8566 Locust Ave

Detailed summary of property

8566 Locust Ave is a multi family that recently sold in Fontana, CA 92335. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 3,472 living square feet, and sits on an approximately 24,570 square foot lot. 8566 Locust Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $720,000. 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 17.74% higher than the current median priced home. Local homes that are currently for sale include 7460 Potomac St, 8876 Cypress Ave and 7614 Fern St. While the average home in Fontana, CA is selling in 61 days, 8566 Locust Ave has a days on market of 187 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 8566 Locust 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 8566 Locust Ave

Public county record property details
Beds
3
Baths
2
Year built
1946
Sq. Ft.
1,792
Lot Size
24,570
Stories
1
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
1
APN
0246-163-02-0000

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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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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