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3971 South Somerston Way

3971 South Somerston Way, Ontario, CA 91761
Sold Sep 14, 2020
$608,000
Seller
$308,000 by Hometown Equity Mortgage
Mortgage Due Oct 01, 2050
Sold Mar 28, 2016
$525,500
$339,000 by Cathay Bank
Mortgage Due Apr 01, 2046
3971 South Somerston Way in Ontario, CA was first built in 2016 and is 8 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a modern style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 3971 South Somerston Way has 3,115 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,950 square feet.

Learn more about the property and building on this page. There is a porch. The roof of the home is made of tile. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 634 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3971 South Somerston Way was last sold in Jul 21, 2020 for $608,000. According to our calculations, that's $162.18 per sqft. Prior to that sales transaction, the property was sold for $525,500 in Feb 12, 2016. Current property owners are expected to pay $10,831 in taxes per year. The property on 3971 South Somerston Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $620,160. To break that down further, the land itself was valued at $217,056. While improvements to the property were assessed at a total of $403,104. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 634
  • Parking Space Count: 3
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 4,950
  • Total Building Area: 3,749
  • Gross Building Area: 3,749
  • Building Area: 3,115
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,115
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 18992
  • Land Acres: 0.114
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: TRACT 18992 LOT 163 BOOK 342 PAGE 95 AND INT IN COMMON AREA

Ownership

  • Current Owner : HERNANDEZ DANNY
  • Previous Owner : CHEN TAO
  • Owner Before Previous Owner: BROOKFIELD SUMMERSET LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Subdivision Tract Number: 18992
  • Parcel: 0218-462-34-0000
  • Lot: 163
  • Municipality: ONTARIO
  • Latitude: 34.0018
  • Longitude: -117.578

    Address

  • Full Address: 3971 S Somerston Way
  • Address - House Number: 3971
  • Street Direction: S
  • Address - Street Name: Somerston
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Ontario
  • Carrier Code: R105
  • 4-Digit Zip Code: 3825
  • Zip Code: 91761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,831
  • Tax Rate Code Area: 004-090

    Appraisal Valuation

  • Standard Deviation: 0.189
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 75
  • Final Value: 843,777
  • High Value: 1,003,284
  • Low Value: 684,270

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $308,000
  • First Open Lien Mortgage Lender: HOMETOWN EQUITY MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 14, 2020
  • First Open Lien Mortgage Loan Amount: $308,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $620,160
  • Assessed Land Value: $217,056
  • Assessed Improvements Value: $403,104

    Sales

  • Current Sale Contract Date: Jul 21, 2020
  • Current Sale Recording Date: Sep 14, 2020
  • Current Sale Transaction ID: 11787926516
  • Current Sale Price: $608,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0342544
  • Previous Sale Recording Date: Mar 28, 2016
  • Previous Sale Contract Date: Feb 12, 2016
  • Previous Sale Amount: $525,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETOWN EQUITY MORTGAGE
  • First Mortgage Transaction Date: Sep 14, 2020
  • First Mortgage Loan Amount: $308,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CATHAY BANK
  • Previous Mortgage Transaction Date: Mar 28, 2016
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $339,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Apr 01, 2046

About Ontario



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Frequently Asked Questions

What neighborhood is 3971 South Somerston Way located in?
The 3971 South Somerston Way is a house located in the neighborhood of San Bernardino in Ontario, Ontario.
What is the average sales price for listings in 3971 South Somerston Way?
The average sales price for units in 3971 South Somerston Way is $618,000 , or $198/sqft. currently.

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