NOT LISTED FOR SALE

1048 Explanada St Unit 101 Corona, CA 92879

Corona Ranch Neighborhood

Estimated Value: $617,000 - $647,000

3 Beds
2.5 Baths
1,785 Sq Ft
$354/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $372,000 $208 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,988/month

11 Days on Market

Highlights

  • In Ground Pool
  • Cathedral Ceiling
  • Breakfast Area or Nook
  • No Units Above
  • Private Yard
  • 3-minute walk to Parkview Park

About This Home

As of April 2017

Welcome to the desirable Altia at Corona Ranch. This floor plan is the largest in the community and is always in high demand when they come on the market. This home sits high in Corona Hills and only shares one wall. Enter into a grand formal living and dining room with cathedral ceilings. Newer carpet/pad installed in family room, custom designer paint throughout, stainless steel range & powerful stainless steel custom hood vent. Previously remodeled master bathroom with a soaking tub & walk-in closet. Custom window coverings. Large wrap-around hardscaped yard. 2 car direct access garage with some room for storage and a driveway (rare in Altia) for temporary parking. Tons of upgrades! TURNKEY! The nearby HOA swimming pool/whirlpool spa is surrounded by large palm trees adding to the charm & appeal of Altia at the Corona Ranch. This is truly one of the finer communities within the City of Corona & Inland Region. Location is easy walking distance to McKinley Elementary School & City of Corona Parkview Park, easy access to METRO LINK Station, I-15 & 91 freeways to LA and Orange Counties. It is surrounded by a variety of shopping centers including 99 Ranch Market & Costco, restaurants, business centers, recreational destinations and entertainment attractions. Low HOA dues ($235/mo.) and very low tax rate!

Last Agent to Sell the Property

John Babai

John Babai, Broker License #01347118 Listed on: 03/24/2017

Last Buyer's Agent

Julie Hwang

New Star Realty & Inv. License #01303658

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,806

Year Built

  • Built in 1991

Lot Details

  • 871 Sq Ft Lot
  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Vinyl Fence
  • Stucco Fence
  • Private Yard

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Turnkey
  • Spanish Tile Roof
  • Common Roof
  • Clay Roof

Interior Spaces

  • 1,785 Sq Ft Home
  • Cathedral Ceiling
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Stone Porch or Patio
  • Exterior Lighting

Location

  • Suburban Location

Schools

  • Mckinley Elementary School
  • Auburndale Middle School
  • Norco High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Sewer Paid

Listing and Financial Details

  • Tax Lot L
  • Tax Tract Number 24868
  • Assessor Parcel Number 122411001

Community Details

Overview

  • Altia HOA Weldon L. Brown Co. Association, Phone Number (951) 682-5454
  • Largest Model

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,806

Year Built

Built in 1991

Lot Details

0

HOA Fees

$235 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: upstairs office set & water softener (both as-is and without warranty)
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Altia
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 122411001
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1785.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s)
  • Entry Location: Ground Level No Steps
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 208.40
  • Room Type: Entry, Family Room, Living Room, Master Bedroom, Separate Family Room, Walk-In Closet
  • Spa Features: Association, In Ground
  • Window Features: Blinds, Drapes
  • Bathroom Features: Bathtub, Shower In Tub, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Tile Counters

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Stucco Wall, Vinyl
  • Patio And Porch Features: Stone
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Roof: Clay, Common Roof, Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Direct Garage Access, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Range Hood
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue
  • Association Fee: 235.00
  • Association Fee Frequency: Monthly
  • Association Name: Altia HOA - Weldon L. Brown Co.
  • Phone: 951-682-5454
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Schools

  • School District: Corona-Norco Unified
  • Elementary School: McKinley
  • Middle School: Auburndale
  • High School: Norco
  • Elementary School: McKinley
  • High School: Norco
  • Middle Or Junior School: Auburndale
  • Elementary School #2: MCKINL
  • High School2: NORCO

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 871.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: L
  • Tax Tract Number: 24868

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2017
Closed on
Apr 3, 2017
Sold by
Strain John Kelly
Bought by
Yoon Sae Yeon
Seller's Agent
John Babai
John Babai, Broker
Buyer's Agent
Julie Hwang
New Star Realty & Inv.
List Price
$375,000
Sold Price
$372,000
Premium/Discount to List
-$3,000
-0.8%
Total Days on Market
11
Current Estimated Value
$631,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,555
Avg. Annual Appreciation
6.70%

Purchase Details

Closed on
Sep 30, 2004
Sold by
Farhad Kochai
Bought by
Strain John Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,800
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2004
Sold by
Leon Joni
Bought by
Farhad Kochai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Yoon Sae Yeon $372,000 Ticor Title
Strain John Kelly $366,000 Old Republic Title Company
Farhad Kochai $315,500 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strain John Kelly $48,000
Previous Owner Strain John Kelly $80,000
Previous Owner Mehran Ladan $368,000
Previous Owner Strain John K $80,000
Previous Owner Strain John Kelly $351,000
Previous Owner Strain John Kelly $292,800
Previous Owner Farhad Kochai $294,500
Previous Owner Leon Joni $121,500
Previous Owner Leon Joni $125,800
Closed Strain John Kelly $54,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2017 04/07/17 Sold $372,000 -0.8% $208 / Sq Ft
03/24/2017 03/24/17 For Sale $375,000 0.0% $210 / Sq Ft
03/01/2016 03/01/16 Rented $1,895 0.0% --
02/12/2016 02/12/16 Off Market $1,895 -- --
02/05/2016 02/05/16 For Rent $1,895 -- --
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
2023 $4,806 $414,969 $66,929 $348,040
2022 $4,656 $406,833 $65,617 $341,216
2021 $4,566 $398,857 $64,331 $334,526
2020 $4,517 $394,768 $63,672 $331,096
2019 $4,415 $387,028 $62,424 $324,604
2018 $4,884 $379,440 $61,200 $318,240
2017 $4,744 $369,000 $92,000 $277,000
2016 $4,291 $325,000 $81,000 $244,000
2015 $4,551 $351,000 $88,000 $263,000
2014 $3,962 $303,000 $76,000 $227,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG17032259

California Regional Multiple Listing Service (CRMLS)

APN: 122-411-001