8982 Cypress Ave, Fontana, CA 92335
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8982 Cypress Ave Fontana, CA 92335

$570,000 Sold Price as of 02/14/2020
  • 5 Beds
  • 3 Baths
  • 2,200 Sq.Ft.
Sold
$570,000 Sold Price as of 02/14/2020 Refinance Your Mortgage

Map preview of 8982 Cypress Ave, Fontana, CA 92335

Property Overview: 8982 Cypress Ave Fontana, CA has 5 bedrooms, 3 bathrooms, 2,200 living square feet and 37,200 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Two houses in a 37200 sq ft lot! Great opportunity to subdivide in the future. Great income & long time tenants! One of the houses features 3 bedrooms 2 full baths and a 2+ car garage. The second house features 2 bedrooms 1 bath with a family room.

Listed by ALEJANDRA MATTHES | BRE #01242994 | RE/MAX MASTERS REALTY
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 108

Home details

Lot Sq. Ft
37,200
HOA Dues
$0/mo
Year built
1935
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
CV19169279
City
Fontana
County
San Bernardino
Time on Site
1521 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 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: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $42,600
  • Net Operating Income: $32,172
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $10,420
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $6,875
  • Trash: $648
  • Insurance: $1,747
  • Water/Sewer: $1,148

Property Details for 8982 Cypress Ave

Interior Features
Laundry Information
  • Has Laundry
  • 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
  • Has Parking
  • Parking Features: Garage Faces Side
Lot Information
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Source: Estimated
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 0193071420000
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: 10 FWY, OFF CITRUS NORTH, RANDALL EAST, CYPRESS NORTH
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 8982 Cypress Ave

Last sold for $570,000 on February 14th, 2020
  • February, 2020

  • Feb 14, 2020

    Date

    Sold

    CRMLS: CV19169279

    $570,000

    Price

  • Jan 7, 2020

    Date

    Pending

    CRMLS: CV19169279

    $580,000

    Price

  • Jan 1, 2020

    Date

    Sold

    CRMLS: CV19169279

    $570,000

    Price

  • Nov 2, 2019

    Date

    Pending

    CRMLS: CV19169279

    $580,000

    Price

  • Jul 17, 2019

    Date

    Active

    CRMLS: CV19169279

    $580,000

    Price

  • February, 2020

  • Feb 11, 2020

    Date

    Sold (Public Records)

    Public Records

    $570,000

    Price

  • June, 2004

  • Jun 25, 2004

    Date

    Sold (Public Records)

    Public Records

    $345,000

    Price

Show More

Tax History for 8982 Cypress Ave

Assessed Value (2020): $448,518
Year Land Value Improved Value Assessed Value
2020 $130,004 $318,514 $448,518

Home Value Compared to the Market

This property vs the competition

8982 Cypress Ave sold on February 14, 2020 for 6.45% lower 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 $263.64 per/sqft which puts the price per square foot 27.17% lower than the current median sale per square foot for the city of Fontana.

About 8982 Cypress Ave

Detailed summary of property

8982 Cypress Ave is a multi family that recently sold in Fontana, CA 92335. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 2,200 living square feet, and sits on an approximately 37,200 square foot lot. 8982 Cypress Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $570,000. 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 6.45% lower than the current median priced home. Local homes that are currently for sale include 120 S Sunol Dr, 4173 Hubbard St and 322 N Townsend Ave. While the average home in Fontana, CA is selling in 61 days, 8982 Cypress Ave has a days on market of 108 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 8982 Cypress 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 8982 Cypress Ave

Public county record property details
Beds
1
Baths
1
Year built
1935
Sq. Ft.
924
Lot Size
37,200
Stories
1
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
0193-071-42-0000

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.