NOT LISTED FOR SALE

1113 Circle City Dr Corona, CA 92879

Central Corona Neighborhood

Estimated Value: $1,049,000 - $1,427,000

12 Beds
8 Baths
4,400 Sq Ft
$295/Sq Ft Est. Value

Sale Details

Date Sold: August 25, 2017

Last sale price $810,000 $184 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $7,838 / mo

126 Days on Market

Highlights

  • Contemporary Architecture
  • Corner Lot
  • Central Heating
  • El Cerrito Middle School Rated A-
  • No HOA
  • Wrought Iron Fence

About This Home

As of August 2017

OWNER has completed the TERMITE work and PAINTED THE EXTERIOR.....
READY TO GO...... GREAT INCOME PROPERTY

DRIVE BY ONLY. DO NOT DISTURB TENANTS PLEASE. . CAP RATE is over 5%.

NICE 4 UNITS WITH 3 BEDROOMS, 2 BATHS, 2 Car Carports each - 2 units have been updated. Separate Laundry Room with income.

Tenants are on month to month contracts. The rents are below market, so room to increase.
Seller wants it SOLD!!!!

Last Agent to Sell the Property

Jane Wright

Niguel Point Properties License #00897100 Listed on: 02/22/2017

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 6,970 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Corner Lot
  • Density is up to 1 Unit/Acre

Home Design

  • Contemporary Architecture
  • Quadruplex
  • Slab Foundation
  • Stucco

Interior Spaces

  • 4,400 Sq Ft Home
  • 2-Story Property
  • Blinds

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • 8 Carport Spaces
  • Parking Available
  • Paved Parking

Additional Features

  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 18
  • Assessor Parcel Number 117334028

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $91
  • Trash Expense $660
  • Water Sewer Expense $3,600
  • New Taxes Expense $10,998
  • Operating Expense $1,490
  • Gross Income $2,400
  • Net Operating Income $49,674

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 5.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 3600.00
  • Architectural Style: Contemporary
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 117334028
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 184.09
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 8.00
  • Parking: Yes
  • Parking Features: Carport, Covered, Concrete
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 660.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, 2-5 Units/Acre, Corner Lot
  • Lot Size: .16
  • Lot Size Sq Ft: 6970.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average3 Bed Area: 1100 Square Feet
  • Gross Income: 2400.00
  • Gross Scheduled Income: 61620.00
  • Insurance Expense: 91.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 200.00
  • Net Operating Income: 49674.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 11946.00
  • Rent Control: No
  • Total Actual Rent: 4935.00
  • Total Expenses: 1489.50

Tax Info

  • New Taxes Expense: 10998.00
  • Tax Area: 004003
  • Tax Census Tract: 416.00
  • Tax Lot: 18
  • Tax Tract Number: 036SB

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2021
Sold by
Bought by
Current Estimated Value
$1,297,808

Purchase Details

Listed on
Feb 22, 2017
Closed on
Jun 30, 2017
Sold by
Bought by
Seller's Agent
Jane Wright
Niguel Point Properties
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$879,900
Sold Price
$810,000
Premium/Discount to List
-$69,900
-7.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Original Mortgage
$607,500
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 4, 2016
Sold by
Bought by

Purchase Details

Closed on
Oct 25, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 21, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 18, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
6.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,800
Interest Rate
7.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 12, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,800
Interest Rate
7.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 13, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,800
Interest Rate
7.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 22, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 1993
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$810,000 First American Title Company
-- None Available
$885,000 Southland Title
$550,000 Fnt
$344,000 Fidelity National Title Ins
-- Fidelity National Title Co
-- Fidelity National Title Co
$271,000 Fidelity National Title Co
-- Fidelity National Title
$220,000 Fidelity National Title
-- Old Republic Title Company
-- Old Republic Title Company
$140,500 Old Republic Title Company
$229,000 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $607,500
Previous Owner $600,000
Previous Owner $385,000
Previous Owner $258,000
Previous Owner $216,800
Previous Owner $176,000
Previous Owner $120,000
Closed $22,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/25/2017 08/25/17 Sold $810,000 -2.4% $184 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
06/13/2017 06/13/17 Price Changed $829,900 -2.2% $189 / Sq Ft
05/15/2017 05/15/17 Price Changed $848,888 -3.5% $193 / Sq Ft
04/08/2017 04/08/17 Price Changed $879,900 0.0% $200 / Sq Ft
04/08/2017 04/08/17 For Sale $879,900 +8.6% $200 / Sq Ft
04/01/2017 04/01/17 Off Market $810,000 -- --
04/01/2017 04/01/17 For Sale $820,000 +1.2% $186 / Sq Ft
03/01/2017 03/01/17 Off Market $810,000 -- --
02/22/2017 02/22/17 For Sale $820,000 -- $186 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,104 $921,636 $227,563 $694,073
2024 $10,104 $903,565 $223,101 $680,464
2023 $9,965 $885,849 $218,727 $667,122
2022 $9,784 $868,481 $214,439 $654,042
2021 $9,591 $851,453 $210,235 $641,218
2020 $9,485 $842,724 $208,080 $634,644
2019 $9,266 $826,200 $204,000 $622,200
2018 $9,057 $810,000 $200,000 $610,000
2017 $6,143 $500,000 $140,000 $360,000
2016 $5,646 $462,000 $136,500 $325,500
2015 $4,942 $440,000 $130,000 $310,000
2014 $4,857 $440,000 $130,000 $310,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jane Wright

    Niguel Point Properties

  • G

    Buyer's Agent in 2017

    General NONMEMBER

    NONMEMBER MRML

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17004844

California Regional Multiple Listing Service (CRMLS)

APN: 117-334-028

California Riverside County Corona 92879 Central Corona

1113 Circle City Dr, Corona, CA

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California Regional Multiple Listing Service (CRMLS) 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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