NOT LISTED FOR SALE

Estimated Value: $191,976 - $771,000

0.08 Acre
$4,343,675 Price per Acre
3,485 Sq Ft Lot

Last Sold June 28, 2023

Last sale price $180,000 $179 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,981/month

368 Days on Market

About This Lot

As of June 2023

GREAT INVESTMENT/ LAND WITH PLANS- Construction Loan Opportunity - Beautiful flat lot located in the heart of Corona, CA. Easy access to the freeway in an up and coming neighborhood. The 91 freeway was just expanded and it is one of the few remaining lots in Corona close to the freeway. Flat lot with utilities. Plans ready to submit for a 2196 sf 4-bedroom, 4 bathroom home with 2 master bedrooms. Plans include Stamped Structural, Structural Calculations, Architectural Design, Elevation, Layout, Legal Map, Title 24 along with MEP (Mechanical, Electrical and Plumbing). Plans are all ready to submit to the right setbacks. Utilities on site as there was a house here before . 4-bedroom appraisals are over 600k with the potential for a new build to be over 800k.
Land Sold As Is.

Check the attached supplement.

Last Agent to Sell the Property

Rana Mohiuddin

Four Brothers Real Estate, Inc. License #01824130 Listed on: 05/07/2022

Last Buyer's Agent

Kristy Wallick

Compass License #02155985

Compass

Property Details

Property Type

  • Land

Lot Details

  • 3,485 Sq Ft Lot
  • Corner Lot
  • Property is zoned R2

Utilities

  • No Utilities

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 18-P
  • Assessor Parcel Number 117041043
  • $43 per year additional tax assessments

Property Details

Property Type

Land

Lot Details

3,485 Sq Ft Lot

Listing Details

  • View: No
  • Zoning: R2
  • Property Type: Land
  • Parcel Number: 117041043
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 51.65

Utilities

  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3485.00
  • Lot Size Acres: 0.0800

Multi Family

  • Lot Size Area: 3485.0000 Square Feet

Tax Info

  • Tax Census Tract: 415.00
  • Tax Lot: 18-P
  • TaxOtherAnnualAssessmentAmount: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2022
Closed on
Jun 28, 2023
Sold by
Syed Sabih A
Bought by
Arcila Edgar G and Arcila Cesar Ivan
Seller's Agent
Rana Mohiuddin
Four Brothers Real Estate, Inc.
Buyer's Agent
Kristy Wallick
Compass
List Price
$290,000
Sold Price
$180,000
Premium/Discount to List
-$110,000
-37.93%
Views
919
Current Estimated Value
$347,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,494
Avg. Annual Appreciation
27.25%

Purchase Details

Closed on
Apr 12, 2012
Sold by
Aguirre Tavita V
Bought by
Riverside County Transportation Commissi
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Arcila Edgar G $180,000 Chicago Title
Riverside County Transportation Commissi -- Lawyers Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2023 06/28/23 Sold $180,000 -7.7% $179 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
06/08/2022 06/08/22 Price Changed $195,000 -32.8% $194 / Sq Ft
05/07/2022 05/07/22 For Sale $290,000 -- $289 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,080 $187,272 $187,272 --
2023 $2,080 $47,302 $47,302 --
2022 $562 $46,375 $46,375 $0
2021 $551 $45,466 $45,466 $0
2020 $512 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22095438

California Regional Multiple Listing Service (CRMLS)

APN: 117-041-043

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