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3042 East Oak Knoll Loop

3042 East Oak Knoll Loop, Ontario, CA 91761
Sold Jul 26, 2022
$950,000
$617,500 by Aaa Capital Investment Inc
Mortgage Due Aug 01, 2052
Sold Dec 11, 2020
$679,000
$400,000 by East West Bank
Mortgage Due Jan 01, 2051
Local assessors in Ontario, CA have categorized 3042 East Oak Knoll Loop as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 5,830 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a modern style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3042 East Oak Knoll Loop has a total of 3,628 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 714 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of tile. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Jul 19, 2022 for $950,000. That's $218.79 per sqft. Prior to that sales transaction, the property was also sold in Nov 3, 2020 for $679,000. 3042 East Oak Knoll Loop was last assessed in 2022. The total value of the property was assessed at $692,580. Specifically, the land the property is located on was valued at $244,800. While improvements on the property were assessed at a total of $447,780. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $11,971. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Condition

New Construction
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Modern
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 714
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,830
  • Total Building Area: 4,342
  • Gross Building Area: 4,342
  • Building Area: 3,628
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,628
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 18993
  • Land Acres: 0.134
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: TRACT 18993 LOT 208 BOOK 343 PAGE 3 AND INT IN COMMON AREA

Ownership

  • Current Owner : XU JIAJUN
  • Current Owner 2: DING YINZHEN
  • Previous Owner : LIU
  • Previous Owner 2: JIAYI
  • Owner Before Previous Owner: CHEN GUANYU
  • Owner Before Previous Owner 2: WANG CHUN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Mountain View Elementary School District
  • Census Tract: 001906

Geography

  • Subdivision Tract Number: 18993
  • Parcel: 0218-492-18-0000
  • Lot: 208
  • Municipality: ONTARIO
  • Latitude: 34.0035
  • Longitude: -117.586

    Address

  • Full Address: 3042 E Oak Knoll Loop
  • Address - House Number: 3042
  • Street Direction: E
  • Address - Street Name: Oak Knoll
  • Address - Suffix Type: Loop
  • State: CA
  • City Name: Ontario
  • Carrier Code: R089
  • 4-Digit Zip Code: 3872
  • Zip Code: 91761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,971
  • Tax Rate Code Area: 004-089

    Appraisal Valuation

  • Standard Deviation: 0.2081
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 71
  • Final Value: 924,108
  • High Value: 1,116,447
  • Low Value: 731,769

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $617,500
  • First Open Lien Mortgage Lender: AAA CAPITAL INVESTMENT INC
  • First Open Lien Mortgage Recording Date: Jul 26, 2022
  • First Open Lien Mortgage Loan Amount: $617,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $692,580
  • Assessed Land Value: $244,800
  • Assessed Improvements Value: $447,780

    Sales

  • Current Sale Contract Date: Jul 19, 2022
  • Current Sale Recording Date: Jul 26, 2022
  • Current Sale Transaction ID: 11893425793
  • Current Sale Price: $950,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 258856
  • Previous Sale Recording Date: Dec 11, 2020
  • Previous Sale Contract Date: Nov 03, 2020
  • Previous Sale Amount: $679,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AAA CAPITAL INVESTMENT INC
  • First Mortgage Transaction Date: Jul 26, 2022
  • First Mortgage Loan Amount: $617,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: EAST WEST BANK
  • Previous Mortgage Transaction Date: Dec 11, 2020
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2051

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Frequently Asked Questions

What neighborhood is 3042 East Oak Knoll Loop located in?
The 3042 East Oak Knoll Loop is a house located in the neighborhood of San Bernardino in Ontario, Ontario.
What is the average sales price for listings in 3042 East Oak Knoll Loop?
The average sales price for units in 3042 East Oak Knoll Loop is $0 currently.

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