1037 Othello Ln Corona, CA 92882
South Corona NeighborhoodEstimated Value: $1,809,000 - $2,004,144
8
Beds
6
Baths
6,485
Sq Ft
$292/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Golf Course Community
- RV Access or Parking
- Citrus Hills Intermediate School Rated A-
- Filtered Pool
- Gated Parking
About This Home
As of December 2023New! Beautiful listing in Corona! This large property has TWO HOMES!!! HUGE 24,088 sqft lot!! Main house approximately 4,195 sqft with 5 bedrooms, 4 bathrooms, bonus room and upstairs inside laundry room! Second house is 2290 sqft with 3 bedrooms, 2 bathrooms and inside laundry room!!! Not to mention beautiful outdoor entertainment space, large pool, covered patio with fire place and HUGE RV parking space! Plenty of room to entertain family and friends!! Entering the house you'll notice the large great room with upgraded kitchen, large kitchen island with dual sinks. Dining area has beautiful open view of the back yard! Family room has built-in cabinets with plenty of room to relax and enjoy! Full bathroom and bedroom downstairs. Walking up the rod iron stair case you have 4 bedrooms and a bonus room!! Master bathroom has large walk-in closet, separate tub and shower, dual vanities and makeup vanity! The SECOND HOUSE has updated kitchen, kitchen island with dual sinks, tile flooring, inside laundry, updated bathrooms and private back yard!!! Recessed lighting and ceiling fans throughout both homes. Solar! Schools, freeways and shopping centers all close by!!! This will go fast!!!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,089
Year Built
- Built in 2019 | Remodeled
Lot Details
- 0.55 Acre Lot
- South Facing Home
- Wood Fence
- Block Wall Fence
- New Fence
- Landscaped
- Front and Back Yard Sprinklers
- Private Yard
- Lawn
- Back and Front Yard
- Density is 2-5 Units/Acre
Parking
- 4 Car Direct Access Garage
- 6 Open Parking Spaces
- Parking Available
- Front Facing Garage
- Single Garage Door
- Garage Door Opener
- Driveway Down Slope From Street
- Gated Parking
- RV Access or Parking
Home Design
- Custom Home
- Planned Development
- Slab Foundation
- Fire Rated Drywall
- Concrete Roof
- Pre-Cast Concrete Construction
- Concrete Perimeter Foundation
- Flagstone
- Stucco
Interior Spaces
- 6,485 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wired For Sound
- Ceiling Fan
- Recessed Lighting
- Fireplace
- Double Pane Windows
- Insulated Windows
- Blinds
- Sliding Doors
- Insulated Doors
- Panel Doors
- Formal Entry
- Great Room
- Family Room Off Kitchen
- Dining Room
- Bonus Room
- Views of Hills
Kitchen
- Kitchenette
- Updated Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Convection Oven
- Gas Oven
- Six Burner Stove
- Built-In Range
- Range Hood
- Microwave
- Water Line To Refrigerator
- Dishwasher
- Kitchen Island
- Granite Countertops
- Pots and Pans Drawers
- Self-Closing Drawers
- Utility Sink
- Disposal
Bedrooms and Bathrooms
- 8 Bedrooms | 1 Main Level Bedroom
- Walk-In Closet
- Remodeled Bathroom
- Jack-and-Jill Bathroom
- Bathroom on Main Level
- 6 Full Bathrooms
- Stone Bathroom Countertops
- Makeup or Vanity Space
- Dual Sinks
- Bathtub with Shower
- Separate Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Laundry on upper level
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- Doors swing in
- Accessible Parking
Pool
- Filtered Pool
- Solar Heated In Ground Pool
- Gas Heated Pool
- Gunite Pool
- Above Ground Spa
Outdoor Features
- Covered patio or porch
- Outdoor Fireplace
- Exterior Lighting
- Rain Gutters
Additional Homes
- Two Homes on a Lot
- Detached Guest House
Location
- Property is near a park
Utilities
- Two cooling system units
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Natural Gas Connected
- Tankless Water Heater
- Gas Water Heater
- Sewer Paid
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 37114
- Assessor Parcel Number 113140030
- $1,446 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Foothills
Recreation
- Golf Course Community
- Park
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 1, 2023
Closed on
Nov 29, 2023
Sold by
Jackson Jordan
Bought by
Merlette Family Trust and Merlette
Seller's Agent
Greg Almquist
Keller Williams Realty
Buyer's Agent
KRISTY SARTORIUS
Vista Sotheby's International Realty
List Price
$1,749,999
Sold Price
$1,849,000
Premium/Discount to List
$99,001
5.66%
Total Days on Market
8
Views
36
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,786
Avg. Annual Appreciation
4.93%
Original Mortgage
$1,385,000
Outstanding Balance
$1,371,892
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$612,664
Purchase Details
Closed on
Aug 16, 2023
Sold by
Corona Fund Iv Inc
Bought by
Jackson
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,800
Interest Rate
6.96%
Purchase Details
Closed on
Feb 2, 2023
Sold by
Corona Fund Iv Inc
Bought by
Corona Fund Iv Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
6.31%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 25, 2023
Sold by
Bowen Christopher and Bowen April
Bought by
Corona Fund Iv Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
6.31%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 18, 2020
Sold by
Worthington Construction Inc
Bought by
Bowen Christopher and Bowen April
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
2.9%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Corona, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Merlette Family Trust | $1,849,000 | First American Title | |
| Jackson | $1,714,000 | None Listed On Document | |
| Corona Fund Iv Inc | -- | -- | |
| Corona Fund Iv Llc | -- | Ticor Title | |
| Bowen Christopher | $589,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Merlette Family Trust | $1,385,000 | |
| Previous Owner | Jackson | $342,800 | |
| Previous Owner | Jackson | $1,199,800 | |
| Previous Owner | Corona Fund Iv Llc | $415,000 | |
| Previous Owner | Bowen Christopher | $525,000 | |
| Previous Owner | Bowen Christopher | $468,000 | |
| Previous Owner | Worthington Construction Inc | $715,000 | |
| Closed | Corona Fund Iv Llc | $356,096 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/06/2023 12/06/23 | Sold | $1,849,000 | +5.7% | $285 / Sq Ft |
| 11/09/2023 11/09/23 | Pending | -- | -- | -- |
| 11/01/2023 11/01/23 | For Sale | $1,749,999 | -- | $270 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $22,089 | $1,225,591 | $156,060 | $1,069,531 |
| 2022 | $14,873 | $1,201,560 | $153,000 | $1,048,560 |
| 2021 | $14,555 | $1,178,000 | $150,000 | $1,028,000 |
| 2020 | $11,516 | $910,000 | $102,000 | $808,000 |
| 2019 | $2,428 | $100,000 | $100,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Almquist
Seller's Agent in 2023
Greg Almquist
Keller Williams Realty
(714) 974-4900
5 in this area
30 Total Sales
-
KRISTY SARTORIUS
Buyer's Agent in 2023
KRISTY SARTORIUS
Vista Sotheby's International Realty
(951) 536-1873
3 in this area
73 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23203294
APN: 113-140-030
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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