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542 East King Street

542 East King Street, Rialto, CA 92376
Property in San Bernardino
Sold Apr 20, 2009
$117,000
$173,000 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2047
Sold Jul 16, 2008
$110,000
542 East King Street has been categorized by the local assessors in Rialto, CA as a residential type of property. The building on the property was first built in 1954 and is 70 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 542 East King Street has 1,104 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,140 ft and across the front of the lot is 630 ft. The area measurement of the land has been determined as 7,182 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 360 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt and ply sheets in a built-up roof style. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing floor/wall heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 542 East King Street sold most recently in Feb 12, 2009 for a total of $117,000. If you work out the math, that's approximately a cost of $105.98 per sqft. Before that, the property was also sold for $110,000 in Jul 8, 2008. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,089 in taxes each year. 542 East King Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $144,818. If we break it down further, the land itself was valued at $43,323. Improvements to the property, however, were assessed at a total of $101,495. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Modern
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,182
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 630
  • Total Building Area: 1,104
  • Gross Building Area: 1,104
  • Building Area: 1,104
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 1,104
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: TRACT 4192 LOT 34

Ownership

  • Current Owner : SUAREZ JOSE
  • Previous Owner : BANK OF AMERICA NATIONAL ASSOCIATION
  • Owner Before Previous Owner: GONZALEZ MIGUEL MELENDEZ
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Rialto Unified School District
  • Census Tract: 003900

Geography

  • Assessors Map Reference: 15-E3
  • District: 08
  • Subdivision Tract Number: 4192
  • Parcel: 0130-392-09-0000
  • Lot: 34
  • Municipality: FONTANA
  • Latitude: 34.1022
  • Longitude: -117.36

    Address

  • Full Address: 542 E King St
  • Address - House Number: 542
  • Street Direction: E
  • Address - Street Name: King
  • Address - Suffix Type: St
  • State: CA
  • City Name: Rialto
  • Carrier Code: C005
  • 4-Digit Zip Code: 6033
  • Zip Code: 92376

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,089
  • Tax Rate Code Area: 006-000

    Appraisal Valuation

  • Standard Deviation: 0.2161
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 70
  • Final Value: 432,647
  • High Value: 526,179
  • Low Value: 339,116

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $173,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Feb 15, 2017
  • First Open Lien Mortgage Loan Amount: $173,000
  • 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: Mar 01, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $144,818
  • Assessed Land Value: $43,323
  • Assessed Improvements Value: $101,495

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 12, 2009
  • Current Sale Recording Date: Apr 20, 2009
  • Current Sale Transaction ID: 1058799307
  • Current Sale Price: $117,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2009-0164302
  • Previous Sale Recording Date: Jul 16, 2008
  • Previous Sale Contract Date: Jul 08, 2008
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: NATIONS DIRECT MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 20, 2009
  • First Mortgage Loan Amount: $114,880
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2039

About Rialto



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Frequently Asked Questions

What neighborhood is 542 East King Street located in?
The 542 East King Street is a located in the neighborhood of San Bernardino in Rialto, Rialto.
What is the average sales price for listings in 542 East King Street?
The average sales price for units in 542 East King Street is $0 currently.

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