Current Value Assessment
PREPARED EXCLUSIVELY FOR:
Elias & Sonia --
The following is a Current Value Assessment of your property based on current market conditions, comparable homes in your neighborhood, and what I believe your home could sell for with the implementation of a high-end marketing strategy.
The next page is your Tax Record followed by the comparables I used in this analysis to come up with my assessment, what the Internet believes your home to be worth, and finally what I believe your home could possibly sell for. I’ve also included some info about me and my team if you’d like to know more about us.
949-294-2506
TAX RECORD
Owner
MLS Status
MLS Listing Date
MLS Listing Price
MLS Orig Listing Price
MLS Close Date
MLS Listing Close Price
MLS Listing Cancellation Date
MLS Source History LAST MARKET SALE & SALES HISTORY
Recording
Page
Final
Original
Original
Original
Lien
THE COMPARATIVE MARKET ANALYSIS
No two homes are identical, which is why choosing a sales price or offer price for a home can be challenging. That's where the Comparative Market Analysis, or CMA, is most useful.
What is a CMA?
The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data such as type of home, number of bedrooms, number of baths, lot size, neighborhood, property condition and features, and many other factors. The purpose is to show estimated market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.
How is the CMA created?
CMAs are generated by using property information from your real estate agent's Multiple Listing Service (MLS). The MLS is available to licensed members only, including brokers, salespeople, and appraisers, who pay dues to gain access to the service's public and proprietary data, including tax roll information, sold transactions, and listings input by all cooperating MLS members. Listing agents generate CMAs for their sellers, and buyer's agents create them for their buyers so both sides know what current market conditions are for the homes they're interested in comparing.
How accurate are CMAs?
The CMA is a here-and-now snapshot of the market, based on the most recent data available, but it can instantly be rendered obsolete by a new listing, or a change of status in a home with the same criteria. Why? The market is constantly changing — new listings, pending sales, closed sales, price reductions, and expired listings. CMAs can vary widely, depending on the knowledge and skill of the person creating the CMA as well as the number and type of data fields that are chosen.
How can CMAs vary?
CMAs can vary widely, depending on the knowledge and expertise of the person inputting the search parameters. They also may vary between identical homes in that one property may simply offer better “curb appeal” or is in better condition that the other. Lastly, buyer and seller motivation can’t be quantified. It is typically impossible to say why a seller agreed to take less for their home or why a buyer paid more for another home. Family problems, corporate relocations and other reasons all play a role. What you can learn from the CMA is how long a home took to sell. If it was quick, the seller was highly motivated. If it didn’t, it was probably overpriced.
THE COMPARATIVE MARKET ANALYSIS
Is a CMA the same as an Appraisal?
No. Although the CMA is used to help determine current market value, it does not establish the seller's home value. A bank appraisal, on the other hand, is a professional determination of a home's value. The appraisal is completed by a licensed Appraiser, using guidelines established by the Federal Housing Finance Agency, which regulates federal housing loan guarantors such as FHA, VA and housing loan purchasers Fannie Mae and Freddie Mac. An appraisal is a comprehensive look at a home's location, condition, and eligibility for federal guarantees. For example, a home that doesn't meet safety requirements such as handrails on steps will not be eligible for FHA or VA loans until the handrail is installed or repaired. Appraisers use the same data in their market research to find comparable homes as real estate agents. While they are also members of the MLS, they also have additional guidelines from the bank to follow that minimize risk to the bank. They will take into consideration — and can adjust values to reflect — the speed of the market and whether prices are rising or falling. When the appraisal is finished, the bank makes the decision to fund the loan, or it may require the seller to fix certain items and show proof that the repairs have been made before letting the loan proceed. If the loan doesn't meet lending guidelines, the bank will decline the loan.
And is my home worth what the Internet says?
In short — maybe? Many homeowners like to visit sites like Zillow, REDFIN, etc., to see what their home is worth. What they fail to understand is that most of those sites have an 8% - 12% margin of error which means a home worth $400,000 could be worth anywhere between $360,000 and $440,000 and that’s if we only use a 10% margin of error. That is quite the large window!
Estimating a home’s market value is far from an exact science. These sites contract with major title companies to obtain county tax roll data which they combine with data obtained from the MLS, push it through their algorithm and bingo! You have your “Zestimate”!!
On February 29, 2016, then Zillow CEO Spencer Rascoff sold a Seattle home for $1.05 million, 40 percent less than the Zestimate of $1.75 million shown on its property page a day later.
YOUR COMPARATIVE MARKET ANALYSIS
Comparative Market Analysis
Chris Taylor
Keller Williams Luxury International
Summary of Comparable Properties
Analysis
Chris Taylor
Keller Williams Luxury International
Comparable homes sold for an average of $455 / sq. ft. Many factors such as location, use of space, condition, quality, and amenities determine the market value per square foot, so reviewing each comp carefully is important.
Chris Taylor
Listings
Chris Taylor
Keller Williams Luxury International
$503,000 3 Beds 1.00 Baths
CLOSED 11/20/24
Details
Prop Type: Single Family Residence
County: San Bernardino
Area: 264 - Fontana
Style: Traditional
Features
Association Y N: No
Attached Garage Y/N: N
Community Features: Curbs
Construction Materials: Stucco
Contract Status Change
Date: 2024-11-20T00:00:00
Cooling: None
Elevation Units: Feet
Flooring: Tile
Foundation Details: Slab
Heating: Wall Furnace
Sq. Ft. ($547 / sqft)
Year Built 1954 Days on market: 13
Full baths: 1.0
Acres: 0.2221
Lot Size (sqft): 9,675
Garages: 2
List date: 9/27/24
Sold date: 11/20/24
Off-market date: 10/10/24
Updated: Nov 21, 2024 7:28 AM
List Price: $475,888
Orig list price: $475,888
School District: ABC Unified
Interior Features: Formica Counters
Land Fee/Land Lease: Fee
Levels: One
Listing Terms: Submit
Lot Features: Back Yard, Corner Lot, Front Yard, Level with Street, Lot 6500-9999, Yard
Main Level Bedrooms: 3
Parking Total: 2
Patio And Porch Features: None
Pool Features: None
Pool Private Y N: No
Property Attached Yes/No: Yes
Road Surface Type: Paved
Roof: Shingle
Bathroom Features: Shower, Shower in Tub
Kitchen Features: Formica Counters
Room Type: Kitchen, Living Room
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Yes/No: No
Sewer: Public Sewer
Spa Features: None
Special Listing Conditions: Standard
View: City Lights
Water Source: Public
Year Built Source: Assessor
Remarks
This charming Fontana home features three bedrooms with fresh interior paint and new double-pane windowsall done with permits. The property also boasts a new roof completed with permits. Situated on a huge fully fenced corner lot with RV access and potential for an ADU (Accessory Dwelling Unit), it's ideal for first-time buyers. The detached two-car garage adds extra convenience. Centrally located near shopping centers, schools, parks, hospitals, and public transportation, this property offers both accessibility and comfort. Dont miss the chance to own this gem!
Courtesy of EXCELLENCE RE REAL ESTATE Information is deemed reliable but not guaranteed.
Chris Taylor
17535 Anastasia Court Fontana, CA 92335
MLS
$505,000 3 Beds 2.00 Baths 1,244.0 Sq. Ft. ($406 / sqft)
CLOSED 10/29/24
Details
Prop Type: Single Family Residence
County: San Bernardino
Area: 264 - Fontana
Full baths: 2.0
Features
Association Y N: No
Attached Garage Y/N: Y
Community Features: Curbs, Park
Contract Status Change
Date: 2024-10-29T00:00:00
Cooling: Central Air
Elevation Units: Feet
Heating: None
Remarks
Acres: 0.2938
Lot Size (sqft): 12,800
Garages: 2
List date: 6/26/24
Land Fee/Land Lease: Fee
Levels: One
Listing Terms: Cash, Conventional, FHA, Submit, VA Loan
Lot Features: 0-1 Unit/Acre, Cul-De-Sac, Lot 10000-19999 Sqft
Main Level Bedrooms: 1
Year Built 1960 Days on market: 33
Sold date: 10/29/24
Off-market date: 9/27/24
Updated: Oct 29, 2024 8:59 AM
List Price: $549,999
Orig list price: $590,000
School District: Fontana Unified
Parking Total: 2
Pool Features: None
Pool Private Y N: No
Property Attached Yes/No: No
Room Type: All Bedrooms Down
Senior Community Yes/No: No
Sewer: Public Sewer
Special Listing Conditions: Notice Of Default View: Mountain(s), Neighborhood
Water Source: Public
Year Built Source: Public Records
Attention everyone! Come see this home before it is too late. This property is centrally located on a quiet culdesac in the
beautiful city of Fontana Ca. This home features 3 spacious bedrooms and 2 bathrooms and a big private backyard. Contact us today for a tour
Courtesy of Acevedo Real Estate Professionals Information is deemed reliable but not guaranteed.
Chris Taylor Keller Williams
8871 Buckeye Drive Fontana, CA 92335
$595,000 3 Beds 2.00 Baths 1,440.0 Sq. Ft. ($413 / sqft)
CLOSED 11/4/24
Details
Prop Type: Single Family
Residence
County: San Bernardino
Area: 264 - Fontana
Style: Bungalow
Full baths: 2.0
Features
Accessibility Features: No
Interior Steps
Association Y N: No
Attached Garage Y/N: Y
Community Features: Curbs, Park, Sidewalks, Storm
Drains, Suburban
Contract Status Change
Date: 2024-11-04T00:00:00
Cooling: Central Air
Direction Faces: West
Elevation Units: Feet
Chris Taylor
Acres: 0.1653
Lot Dim: 7200
Lot Size (sqft): 7,200
Garages: 2
List date: 9/12/24
Flooring: Tile, Vinyl
Foundation Details: Slab
Heating: Central
Interior Features: Cathedral
Ceiling(s), Open Floorplan, Quartz Counters, Recessed Lighting, Stone Counters
Land Fee/Land Lease: Fee
Levels: One
Listing Terms: Conventional
Lot Features: Front Yard, Rectangular Lot, Level, Park Nearby, Yard
Year Built 1989 Days on market: 15
Sold date: 11/4/24
Off-market date: 10/2/24
Updated: Nov 7, 2024 1:04 AM
List Price: $588,800
Orig list price: $588,800
School District: Fontana Unified
Main Level Bedrooms: 3
Parking Total: 6
Patio And Porch Features: Concrete, Covered, Patio Open
Pool Features: None
Pool Private Y N: No
Possession: Close Of Escrow
Property Attached Yes/No: No
Property Condition: Turnkey
Road Surface Type: Paved
Roof: Shingle
Bathroom Features: Shower, Shower in Tub, Exhaust fan(s), Main Floor Full Bath
Kitchen Features: Kitchen Open to Family Room, Quartz Counters, Remodeled Kitchen
Room Type: All Bedrooms
Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
Security Features: Fire Sprinkler System, Smoke Detector(s)
Senior Community Yes/No: No
Sewer: Public Sewer
Spa Features: None
Remarks
Special Listing Conditions: Standard
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
View: None
Virtual Tour: View
Water Source: Public
Window Features: Bay Window(s), Double Pane Windows, Screens
Year Built Source: Assessor
Welcome home! Come and see this beautiful 3 bedroom, 2 bathroom home in a quiet and private cul-de-sac. The huge backyard with covered patio and open floor plan are perfect for entertaining. The kitchen has been completely remodeled with extended stylish shaker style gray cabinets and Calacatta Quartz counters. Enjoy the beautiful brand new designer Luxury Vinyl Plank flooring. There is plenty of storage and shelving in the oversized 2 car garage. The spacious backyard with swing set and sizable storage shed, offers plenty of possibilities for a pool, spa, garden, seating area, or anything else you can think of. There are plenty of restaurants, shopping, and parks close by for you and the family to enjoy! This is a great home for a family and can also be a fantastic investment opportunity. You won't want to miss this one! https://8871BuckeyeDr.com/
Courtesy of Kenneth Harter, Broker Information is deemed reliable but not guaranteed.
Chris Taylor
SO WHAT DOES THE INTERNET SAY ABOUT YOUR HOME?
$534,600 $564,518 $557,500 $511,000
WHAT DO I THINK?
Based on current market conditions, comparable homes in the neighborhood, and what I believe your home could sell for with the implementation of a high-end marketing strategy, my Current Value Assessment for your home would be:
$525K - $560K
To get a more accurate assessment of property value, a physical inspection would be required.
National Association of REALTORS (NAR)
California Association of REALTORS (CAR)
Orange County Association of REALTORS (OCAR)
Luxury Home Sales Designated
Contingency Sale Specialist
Certified New Home Co-Broker
Certified Divorce Real Estate Expert
Top 1.5% of Individual REALTORS in the nation
Team Lead for Taylor Realty Group with offices in Corona, Huntington Beach, and Palm Springs
Meet Chris…
A true Californian through and through, realtor Chris Taylor was born and raised in South Orange County and has spent his life in Southern California from Huntington Beach to Palm Springs and just about everywhere in between. His lifelong experience in the region has given him unparalleled knowledge about its cities, communities, and neighborhoods from the coast to the desert, providing an invaluable advantage for his clientele.
Over his career, which began in 2003, Chris has enjoyed time as a realtor, new home sales agent, and mortgage consultant, providing him with a thorough understanding of every facet of the real estate business. As a result, he can personally guide his clients through each stage of the buying or selling process. Chris knows that communication and integrity are key to a successful transaction, and he is dedicated to always being available to his clients while offering professionalism, commitment and attentiveness that never fail to exceed expectations.
Chris is a fourth-generation Southern Californian with a love for surfing, screenwriting, and the movies. Prior to real estate, he worked in front of and behind the camera in the entertainment industry, concluding as a talent agent with the prestigious William Morris Agency. Chris lives with his wife, Terry, their disabled grandson, David, for whom he is the primary caregiver and a menagerie of two dogs and three cats. He is also a Real Estate commentator with frequent appearances on Fox 11 News, Good Day L.A., and Inside Edition.
Meet the Team
Tracie Albert
Operations Director
DRE# 01432850
With a high regard for the overall client experience, Tracie oversees the Operations for Taylor Residential Real Estate. A licensed Real Estate Agent herself since 2004 with experience in Residential, Investment and Luxury Sales as well as Short Sales, REOs and House Flipping, Tracie possesses a comprehensive level of Real Estate-related expertise that is largely unsurpassed. As a key component to Taylor Residential Real Estate’s success, Tracie has access to a variety of tools and resources designed to foster the most rewarding experiences for clients with even the most complex goals at hand in addition to cutting edge marketing techniques and strategies and innovative resources.
Brenda Listana Administration
With over 5 years of experience and having worked for some of the biggest e-commerce companies in the world, Brenda has established herself as a strong Customer Support Representative. She takes great pride in her exceptional computer skills, organization, planning, and administrative abilities and her experience has taught her the importance of attention to detail, resilience, and flexibility. Brenda commits herself fully to any task and embraces the responsibility.
Anthony Zervas Lead Agent
DRE# 02047324
Valerie Alicajic
Marketing Director
Anthony Zervas views architecture with a genuine passion that he is eager to share with buyers who are seeking a home that ideally suits and even exceeds their personal and financial goals. With a broad spectrum of experience, know-how, determination, and dedication, Anthony has rapidly built a following of clients who appreciate his down-toearth approach and unyielding commitment to unparalleled service. An avid traveler and snowboarder, Anthony is a genuine family man and spends much of his free time with his wife, Mel, and their daughter, Avie. He is also an award-winning chef with experience with high-end restaurants, five-diamond hotels, and as a personal with celebrity clienteles.
Valerie’s passion for design began at an early age, culminating in earning her Bachelor of Arts degree with an emphasis in graphic design at California State University Long Beach, and most recently, a Multi-Media Certificate in Web Design from Golden West College. Today, Val spearheads our design strategies and executes creative concepts that ensure maximum exposure. By conceptualizing and designing projects from start to finish, she creates a cohesive message portrayed through color, art and photography, all while meeting intense deadlines.
Brooke Fetzer
Property Designer
DRE# 01432850
Brooke Fetzer, "The Property Stylist", is a Certified Feng Shui Practitioner with YEARS of experience in the art of Home Staging. With over 1500 homes to her credit, Brooke is detail-oriented and works seamlessly with Sellers to prepare their homes for sale with careful attention paid to the individual marketing needs of each home so they can stand out from the rest online.
