NOT LISTED FOR SALE

Estimated Value: $760,000 - $1,658,000

4.31 Acres
$312,019 Price per Acre
187,744 Sq Ft Lot

Last Sold October 17, 2019

Last sale price $1,125,000 $1,023 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $8,433/month

69 Days on Market

Highlights

  • 4.31 Acre Lot
  • No HOA
  • Horse Trails

About This Lot

As of October 2019

***This property is being sold by Auction Sale (non-distressed). Any and all offers to be submitted before Deadline of 4pm, May 30,2019. The seller has a non-disclosed target price. The listed price represents the ‘starting price’ for the Auction. Contact agent for additional information on the property. The property may go to Live Auction should an acceptable agreement not be met by the deadline set forth*** 4.31 Acres - Industrial Development Land located in Norco, HIGHLY DESIRED Inland Empire Location OC rated the fastest growing Industrial Market in the Country of 2018! Directly behind the property is a Senior Living 360 Room built in 2004, to the left are 10 Industrial Warehouses all 8,011 Sq Ft split up into 17-21,000 Sq Ft lots built in 2007, and across the street is a 10 Acre Church Site. This site is one of the last remaining large development sites within the Parkridge development, and this site represents an incredibly rare opportunity to develop either Office Parks or possibly a mixed use office/industrial project dependent upon city approval.

Last Agent to Sell the Property

Kiro Awad

CRMLS Member Transfer Brokerage Phone: 949-499-1320 License #02031055 Listed on: 04/12/2019

Co-Listed By

Mary Awad

CRMLS Member Transfer Brokerage Phone: 949-499-1320 License #02069741

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,264

Lot Details

  • 4.31 Acre Lot
  • Value in Land
  • Tear Down
  • Property is zoned A140M

Listing and Financial Details

  • Legal Lot and Block 13 / 97
  • Assessor Parcel Number 119070007

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Trails

Property Details

Property Type

Land

Est. Annual Taxes

$13,264

Lot Details

0

Listing Details

  • Current Use: Commercial
  • Possible Use: Commercial
  • View: No
  • Zoning: A140M
  • Property Type: Land
  • Parcel Number: 119070007
  • Special Features: Auction
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 5.99

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Tear Down, Value In Land
  • Lot Size Sq Ft: 187744.00
  • Lot Size Acres: 4.3100

Multi Family

  • Lot Size Area: 187744.0000 Square Feet

Tax Info

  • Tax Block: 97
  • Tax Census Tract: 466.02
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2020
Sold by
City Of Norco
Bought by
Riverside Cnty Flood Control & Water Con
Current Estimated Value
$1,344,804

Purchase Details

Listed on
Apr 12, 2019
Closed on
Sep 23, 2019
Sold by
Nazareno Elma S and Nazareno Bryson
Bought by
Westates Holdings Llc
Seller's Agent
Kiro Awad
CRMLS Member Transfer
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$999,000
Sold Price
$1,125,000
Premium/Discount to List
$126,000
12.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.12%

Purchase Details

Closed on
Feb 28, 2009
Sold by
Nazareno Bryson
Bought by
The Nazareno Family Trust

Purchase Details

Closed on
May 12, 2004
Sold by
Clavio Rosario
Bought by
Nazareno Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2004
Sold by
Nazareno Brian
Bought by
Nazareno Bryson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2001
Sold by
Nazareno Brian and Nazareno Bryson
Bought by
Nazareno Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7.08%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 6, 1999
Sold by
Concepcion Joseph A
Bought by
Nazareno Brian S and Nazareno Bryson S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
10.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1999
Sold by
Gen & Sons Inc
Bought by
Concepcion Joseph A

Purchase Details

Closed on
Aug 23, 1995
Sold by
Concepcion Joseph A R
Bought by
Gen & Sons Inc

Purchase Details

Closed on
Feb 1, 1995
Sold by
Salanga Lilio L and Salanga Maria Teresa M
Bought by
Concepcion Joseph A and Ringor Alfredo G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
9.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 1993
Sold by
Nazareno Godofredo P and Nazareno Elma S
Bought by
Salanga Lilio L and Salanga Maria Teresa M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Riverside Cnty Flood Control & Water Con -- First American Title Company
Westates Holdings Llc $1,125,000 Fntg Builder Services
The Nazareno Family Trust -- None Available
Nazareno Brian -- Ticor Title Company
Nazareno Bryson -- Ticor Title Company
Nazareno Bryson $350,000 Ticor Title Company
Nazareno Brian -- American Title
Nazareno Brian S $230,000 North American Title Co
Concepcion Joseph A -- North American Title Co
Gen & Sons Inc -- --
Concepcion Joseph A $183,000 Chicago Title Company
Salanga Lilio L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nazareno Bryson $89,000
Previous Owner Nazareno Bryson $280,000
Previous Owner Nazareno Brian S $208,000
Previous Owner Nazareno Brian S $184,000
Previous Owner Concepcion Joseph A $173,000
Closed Nazareno Brian S $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2019 10/17/19 Sold $1,125,000 +12.6% $1,023 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $999,000 -- $908 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2025 $13,264 $1,215,036 $1,213,944 $1,092
2023 $13,264 $1,167,856 $1,166,806 $1,050
2022 $0 $0 $0 $0
2021 $12,755 $1,136,654 $1,121,499 $15,155
2020 $12,614 $1,125,000 $1,110,000 $15,000
2019 $5,016 $446,078 $382,360 $63,718
2018 $4,902 $437,332 $374,863 $62,469
2017 $4,781 $428,758 $367,513 $61,245
2016 $4,734 $420,352 $360,307 $60,045
2015 $4,630 $414,040 $354,896 $59,144
2014 $4,460 $405,932 $347,945 $57,987
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19083983

California Regional Multiple Listing Service (CRMLS)

APN: 119-070-007