See Home Value
$640,000*
House - Off Market

7040 Favara Place

Rancho Cucamonga, CA 91701
bedrooms
3 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
1223 Sqft
$576,000 - $704,000
Reference Base Price*
0.00%
Since Dec 1, 2023
National-US
Primary Model
Sold Nov 17, 2023
$640,000
$512,000 by Secure Choice Lending
Mortgage Due Dec 01, 2053
Sold Dec 23, 2003
$310,000
$248,000 by Countrywide Bank
Mortgage Due Jan 01, 2034

About This Property

Rancho Cucamonga – Conveniently located near Victoria Gardens, the Pacific Electric Trail, major freeways, and served by highly lauded schools, this 3 bedroom/2.5 bathroom home offers a convenient layout across 1,223 square feet.  Punctuated by abundant natural light, the first floor's vaulted ceilings and open living room give way to the kitchen and family room.  The L-Shaped open kitchen transitions to the dining area and adjacent family room, uniting the common areas.  Upstairs, the primary bedroom benefits from vaulted ceilings as well along with an ensuite bath complete with dual vanities, tiled shower enclosure, and large walk-in closet.  Two secondary bedrooms and a full bathroom complete the second floor.  Located in the circumference of the street, a majority of the lot lies in the rear yard and provides ample space for a garden or patio expansion.  Come see if this value-add opportunity is right for you!

The manager has listed the unit size as 1223 square feet.
Unit Size
1,223Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$523
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1989

Price History

Date / Event Date Event Price
Nov 18, 2023 No longer available -
No longer available
Nov 17, 2023 Sold to George Taylor Tokarski, Ste... $640,000
Sold to George Taylor Tokarski, Ste...
Oct 29, 2023 In contract -
In contract
Oct 26, 2023 Price Decreased $640,000
↓ $9K (1.4%)
Price Decreased
Oct 17, 2023 Relisted $649,000
Relisted
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Modern
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 431
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,500
  • Total Building Area: 1,654
  • Gross Building Area: 1,654
  • Building Area: 1,223
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,223
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 13445
  • Land Acres: 0.08
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: TRACT 13445 LOT 38

Ownership

  • Current Owner : TOKARSKI STEVEN
  • Current Owner 2: TOKARSKI GEORGE TAYLOR
  • Previous Owner : ALEXANDER KIRK
  • Owner Before Previous Owner: VANEMRIK MARGARITA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chaffey Joint Union High School District
  • Census Tract: 002031

Geography

  • District: 08
  • Subdivision Tract Number: 13445
  • Parcel: 1089-311-29-0000
  • Lot: 38
  • Municipality: FONTANA
  • Latitude: 34.1263
  • Longitude: -117.549

    Address

  • Full Address: 7040 Favara Pl
  • Address - House Number: 7040
  • Address - Street Name: Favara
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Rancho Cucamonga
  • Carrier Code: C068
  • 4-Digit Zip Code: 8706
  • Zip Code: 91701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,157
  • Tax Rate Code Area: 015-080

    Appraisal Valuation

  • Standard Deviation: 0.0675
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 96
  • Final Value: 642,338
  • High Value: 685,754
  • Low Value: 598,922

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $512,000
  • First Open Lien Mortgage Lender: SECURE CHOICE LENDING
  • First Open Lien Mortgage Recording Date: Nov 17, 2023
  • First Open Lien Mortgage Loan Amount: $512,000
  • 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: Dec 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $423,646
  • Assessed Land Value: $105,912
  • Assessed Improvements Value: $317,734

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 02, 2023
  • Current Sale Recording Date: Nov 17, 2023
  • Current Sale Transaction ID: 11916099471
  • Current Sale Price: $640,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 285377
  • Previous Sale Recording Date: Dec 23, 2003
  • Previous Sale Contract Date: Dec 03, 2003
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SECURE CHOICE LENDING
  • First Mortgage Transaction Date: Nov 17, 2023
  • First Mortgage Loan Amount: $512,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE BANK
  • Previous Mortgage Transaction Date: Dec 23, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $248,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2034



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
1,661 ft²
$421/ft²
$699,000 Sep 5, 2023
-
$319/mo
Townhouse
3 Beds
2.5 Baths
1,248 ft²
$481/ft²
$599,990 Aug 6, 2023
-
$250/mo
Condo
3 Beds
2.5 Baths
1,224 ft²
$449/ft²
$550,000 Oct 16, 2023
-
$255/mo
House
3 Beds
3.5 Baths
1,986 ft²
$373/ft²
$740,000 Sep 15, 2023
-
$352/mo
House
4 Beds
3 Baths
1,896 ft²
$407/ft²
$772,000 Sep 13, 2023
-
-

About Victoria


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Frequently Asked Questions

When was property at 7040 Favara Place built and last sold?
The property at 7040 Favara Place was built in 1989 and last sold on Nov 2, 2023 for $640,000.
How much is this home worth?
The estimated value of the home located at 7040 Favara Place is $642,372.
What are some comparable homes to 7040 Favara Place?
Homes that are comparable to 7040 Favara Place include a condo property at 7331 Belpine Place, a house property at 11433 Mountain View Drive, a townhouse property at 11535 Stonecrest Drive.

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