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8771 Festival Street

8771 Festival Street, Chino, CA 91708
Sold Oct 08, 2020
$510,000
$475,000 by Mufg Union Bank Na
Mortgage Due Nov 01, 2050
Sold May 30, 2018
$495,500
8771 Festival Street is a condo located in San Bernardino, Chino. The building was first built in 2018 and is 6 years old. In total, 8771 Festival Street has a total floor area of 2,406 square feet. 8771 Festival Street has a total of 2 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 1 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 61 days and tend to sell below the original asking price of $524,999 by 2.86%. Meaning, listings tend to sell at a median of $268 price per square foot. The transaction that took the longest to complete was listed on Aug 08, 2020 for $524,999. This particular unit ultimately sold 61 days later for $510,000. The most recent transaction which was first advertised on Aug 08, 2020, sold for $510,000 on Oct 08, 2020. Fun fact, the oldest transaction we have on record took place on Oct 08, 2020. See the full transaction history for 8771 Festival Street below.

San Bernardino, where 8771 Festival Street is located, has a median asking price of $587,000 for condo buildings. Meanwhile, the building itself has a median asking price of $524,999. For interested buyers, that means the building's median asking price is around 0.11% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.
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: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Modern
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 445
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 1
  • Total Building Area: 2,406
  • Gross Building Area: 2,406
  • Building Area: 1,961
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,961
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 19949
  • Land Acres: 0.039
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT 19949 LOT 1 UNIT 45 BOOK 347 PAGE 30 AND INTEREST IN COMMON AREA AS DESCRIBED IN CONDO PLAN 2017-0385718 MODULE 3

Ownership

  • Current Owner : GO SEBASTIAN SEOK IK
  • Current Owner 2: LEE VICTORIA SORI
  • Previous Owner : WU YUE
  • Owner Before Previous Owner: LENNAR HOMES OF CALIFORNIA INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chino Valley Unified School District
  • Census Tract: 001907

Geography

  • Subdivision Tract Number: 19949
  • Parcel: 1055-582-27-0000
  • Lot: 1
  • Municipality: ONTARIO
  • Latitude: 33.9614
  • Longitude: -117.613

    Address

  • Full Address: 8771 Festival St
  • Address - House Number: 8771
  • Address - Street Name: Festival
  • Address - Suffix Type: St
  • State: CA
  • City Name: Chino
  • Carrier Code: R063
  • 4-Digit Zip Code: 8880
  • Zip Code: 91708

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,769
  • Tax Rate Code Area: 001-164

    Appraisal Valuation

  • Standard Deviation: 0.0679
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 96
  • Final Value: 693,681
  • High Value: 740,841
  • Low Value: 646,521

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $475,000
  • First Open Lien Mortgage Lender: MUFG UNION BANK NA
  • First Open Lien Mortgage Recording Date: Oct 08, 2020
  • First Open Lien Mortgage Loan Amount: $475,000
  • 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: Nov 01, 2050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $520,200
  • Assessed Land Value: $183,600
  • Assessed Improvements Value: $336,600

    Sales

  • Current Sale Contract Date: Sep 04, 2020
  • Current Sale Recording Date: Oct 08, 2020
  • Current Sale Transaction ID: 11791764891
  • Current Sale Price: $510,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-0387331
  • Previous Sale Recording Date: May 30, 2018
  • Previous Sale Contract Date: May 14, 2018
  • Previous Sale Amount: $495,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUFG UNION BANK NA
  • First Mortgage Transaction Date: Oct 08, 2020
  • First Mortgage Loan Amount: $475,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

About Chino



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Nearby Rentals

Unit for rent at

$3,195 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,860 ft²
Listing by Manager
Unit for rent at

$3,250 /mo

  • 4 Beds
  • 3 Baths
  • 1,785 ft²
Listing by Manager
Unit for rent at

$3,400 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,356 ft²
Listing by Manager
Unit for rent at

$3,399 /mo

  • 4 Beds
  • 3 Baths
  • 2,976 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 8771 Festival Street located in?
The 8771 Festival Street is a condo located in the neighborhood of San Bernardino in Chino, Chino.
What is the average sales price for listings in 8771 Festival Street?
The average sales price for units in 8771 Festival Street is $524,999 , or $268/sqft. currently.

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