NOT LISTED FOR SALE

1216 Palos Verde Dr Corona, CA 92880

North Corona Neighborhood

Estimated Value: $755,000 - $814,000

4 Beds
2 Baths
1,680 Sq Ft
$462/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $694,750 $414 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,906/month

171 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • Cooling Available
  • Granite Countertops
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of April 2023

Welcome home! Home was just updated in February, 2023 including: Kitchen renovated with granite counters, updated cabinets and SS appliances. Your dream home is waiting just for you! This kitchen is ready for cooking with ample counter space and cabinets for storage. Flow into the main living area, featuring a Fireplace. Relax in your primary suite, complete with Spacious layout. Other bedrooms provide additional flexible living space. Head to the backyard for the perfect private area to enjoy the outdoors. Don't miss this incredible opportunity.

Last Agent to Sell the Property

GABRIEL VALDEZ

OPENDOOR BROKERAGE INC. License #02061030 Listed on: 09/19/2022

Co-Listed By

DANIEL AVERY

OPENDOOR BROKERAGE INC. License #01919703

Last Buyer's Agent

Anas Ihmud

Realty Masters & Associates License #02108784

Realty Masters & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,925

Year Built

  • Built in 1983

Lot Details

  • 8,276 Sq Ft Lot
  • Desert faces the front of the property
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Schools

  • George Washington Elementary School
  • Auburndale Middle School
  • Norco High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 86
  • Tax Tract Number 11667
  • Assessor Parcel Number 119425005
  • $1,872 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,925

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: /
  • View: No
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 119425005
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1680.00 Square Feet
  • Interior Amenities: Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 413.54
  • Room Type: Kitchen, Main Floor Bedroom, Main Floor Master Bedroom
  • Bathroom Features: Main Floor Full Bath
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Pool Private: No
  • Roof: Tile
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave
  • Heating Type: Central, Natural Gas
  • Laundry Features: Washer Hookup
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Corona-Norco Unified
  • Elementary School: George Washington
  • Middle School: Auburndale
  • High School: Norco
  • Elementary School: George Washington
  • High School: Norco
  • Middle Or Junior School: Auburndale
  • Elementary School #2: GEOWAS
  • High School2: NORCO

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Desert Front
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8276.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 408.08
  • Tax Lot: 86
  • Tax Tract Number: 11667
  • TaxOtherAnnualAssessmentAmount: 1872.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2022
Closed on
Mar 31, 2023
Sold by
Opendoor Property C Llc
Bought by
Mourad Ramy and Chakwa Noor
Seller's Agent
GABRIEL VALDEZ
OPENDOOR BROKERAGE INC.
Buyer's Agent
Anas Ihmud
Realty Masters & Associates
List Price
$706,000
Sold Price
$694,750
Premium/Discount to List
-$11,250
-1.59%
Views
187
Current Estimated Value
$775,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,808
Avg. Annual Appreciation
3.01%
Original Mortgage
$660,012
Outstanding Balance
$642,715
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$102,186

Purchase Details

Closed on
Jul 23, 2022
Sold by
Cortez David L and Cortez Lisa
Bought by
Opendoor Property C Llc

Purchase Details

Closed on
Mar 30, 1998
Sold by
Arreola John C and Arreola Bertha C
Bought by
Cortez David L and Cortez Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,850
Interest Rate
7.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Mourad Ramy $695,000 Orange Coast Title
Opendoor Property C Llc $618,500 None Listed On Document
Cortez David L $156,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mourad Ramy $660,012
Previous Owner Cortez David L $225,177
Previous Owner Cortez David L $229,955
Previous Owner Cortez David L $75,000
Previous Owner Cortez David L $169,500
Previous Owner Cortez David L $140,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $694,750 -2.1% $414 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
02/21/2023 02/21/23 Price Changed $710,000 +0.6% $423 / Sq Ft
02/03/2023 02/03/23 For Sale $706,000 +1.6% $420 / Sq Ft
01/03/2023 01/03/23 Off Market $694,750 -- --
10/26/2022 10/26/22 Price Changed $706,000 -1.9% $420 / Sq Ft
09/19/2022 09/19/22 For Sale $720,000 -- $429 / 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 $7,925 $722,817 $104,040 $618,777
2023 $7,925 $618,400 $100,000 $518,400
2022 $2,694 $235,446 $75,214 $160,232
2021 $4,451 $230,831 $73,740 $157,091
2020 $4,377 $228,465 $72,984 $155,481
2019 $4,318 $223,986 $71,553 $152,433
2018 $4,256 $219,595 $70,151 $149,444
2017 $4,176 $215,290 $68,776 $146,514
2016 $4,152 $211,070 $67,428 $143,642
2015 $4,110 $207,902 $66,416 $141,486
2014 $4,026 $203,831 $65,116 $138,715
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22204171

California Regional Multiple Listing Service (CRMLS)

APN: 119-425-005