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$568,114Estimated home value

Beds
3
Baths
1.0
sq ft
1,040

221 E California St, Ontario, CA 91761

221 E California St

Ontario, CA 91761

  • Off market
Welcome to 221 E California St. in the City of Ontario. This property features a large lot, over 10,000 SQFT lot. With just over 1,000 SQFT living space this amazing home features 3 bedrooms and 1 full bathroom, a new tankless water heater and an open floor plan. This beautiful home is conveniently located near the Ontario Downtown area, shopping centers and only minutes away from the Ontario International Airport. Don't miss out on this great opportunity!

Details

Property type

Single Family Residence

Est. home value

$568,114

Lot size

0.2479 acres

Price per sq ft

$625

Year built

1915

Price History

07/13/2024
CRMLS

CRMLS #IV24105714

Removed
$650,000
07/03/2024
CRMLS

CRMLS #IV24105714

Listed
$650,000
06/19/2024
CRMLS

CRMLS #IV24105714

Removed
$650,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Ontario

Community features: 

Street Lights, Sidewalks

High school district: 

Chaffey Joint Union High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$197,136
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$400,864
Cash to seller
$197,136

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Hometown Equity Mortgage

Loan start date

December 2021

Original loan amount

$425,600

Est. remaining balance

$400,864

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Armando Olmedo and Dahznee A Olmedo

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 10/05/2024 at 5:10 PM

Listing updated: 07/05/2024 at 7:02 PM

Listed by: LORENA GUZMAN, ONE WEST REALTY Phone #: (909) 321-9148

MLS: CRMLS #IV24105714

CRMLS logo

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