NOT LISTED FOR SALE

1229 Fullerton Ave Corona, CA 92879

Central Corona Neighborhood

Estimated Value: $549,000 - $735,000

6 Beds
3 Baths
1,170 Sq Ft
$561/Sq Ft Est. Value

Last Sold March 14, 2013

Last sale price $285,000 $244 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,759/month

256 Days on Market

Highlights

  • Laundry Room
  • El Cerrito Middle School Rated A-
  • No Heating

About This Home

As of March 2013

INVESTORS DELIGHT!!! 2 UNITS ON 1 LOT. 3 BEDS AND 2 BATH IN FRONT HOUSE, 2 BEDS AND 1 BATH IN BACK HOUSE. BOTH UNITS WITH THERE OWN SEPERATE YARD. LOTS OF PARKING.

Last Agent to Sell the Property

Daniel Sievers

Innovate Realty, Inc. License #01834378 Listed on: 05/24/2012

Last Buyer's Agent

Kathy Collins

Century 21 Masters License #00702193

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 0.34

Interior Spaces

  • 1,170 Sq Ft Home
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Unassigned Parking

Additional Features

  • 0.34 Acre Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 418
  • Assessor Parcel Number 111202002

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • New Taxes Expense $220
  • Gross Income $2,500
  • Net Operating Income $2,280

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 111202002
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 243.59

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Community

Lot Info

  • Lot Size Sq Ft: 14810.00
  • Lot Size Acres: 0.3400

Multi Family

  • Gross Income: 2500.00
  • Gross Scheduled Income: 2500.00
  • Lot Size Area: 14810.0000 Square Feet
  • Net Operating Income: 2280.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 220.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 220.00
  • Tax Lot: 1
  • Tax Tract Number: 0418
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2013
Sold by
Gorta Michael J and Gorta Debra L
Bought by
The Gorta Family Living Trust
Current Estimated Value
$656,923

Purchase Details

Listed on
May 24, 2012
Closed on
Mar 7, 2013
Sold by
Blue Wave Partners Capital Llc
Bought by
Gorta Michael J and Gorta Debra L
Seller's Agent
Daniel Sievers
eXp Realty of Southern California
Buyer's Agent
Kathy Collins
Century 21 Masters
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%

Purchase Details

Closed on
Jul 3, 2012
Sold by
Blue Wave Partners Ll
Bought by
Blue Wave Partners Capital Llc

Purchase Details

Closed on
Mar 16, 2010
Sold by
Gf Services Llc
Bought by
Blue Wave Partners Llc

Purchase Details

Closed on
Aug 8, 2009
Sold by
Wells Fargo Bank National Association
Bought by
Gf Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 18, 2009
Sold by
Cordova April Joy
Bought by
Wells Fargo Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 16, 2007
Sold by
Cordova April J
Bought by
Apex Mortgage Services

Purchase Details

Closed on
May 19, 2005
Sold by
Cordova April Joy
Bought by
Cordova April J and Bowen Christopher R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2004
Sold by
Simmons Claire Laverne and Simmons Harold Ray
Bought by
Cordova April Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,000
Interest Rate
8.25%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 6, 2004
Sold by
Simmons Violet L
Bought by
Simmons Violet L and Violet L Simmons Revocable Living Trust

Purchase Details

Closed on
Jan 17, 2003
Sold by
Simmons Violet L
Bought by
Simmons Violet L and Violet L Simmons Revocable Living Trust

Purchase Details

Closed on
Dec 19, 1995
Sold by
Simmons Violet
Bought by
Simmons Harold Ray and Simmons Claire Laverne
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
The Gorta Family Living Trust -- None Available
Gorta Michael J $285,000 Title 365
Blue Wave Partners Capital Llc -- None Available
Blue Wave Partners Llc -- Advantage Title Inc
Gf Services Llc $150,500 Fidelity National Title
Wells Fargo Bank National Association $123,250 None Available
Apex Mortgage Services $130,474 None Available
Cordova April J -- Fidelity National Financial
Cordova April Joy $317,000 Fidelity National Financial
Simmons Violet L -- --
Simmons Violet L -- --
Simmons Violet L -- --
Simmons Harold Ray -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gf Services Llc $130,000
Previous Owner Cordova April J $75,000
Previous Owner Cordova April Joy $317,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2013 03/14/13 Sold $285,000 -4.7% $244 / Sq Ft
02/04/2013 02/04/13 Pending -- -- --
05/24/2012 05/24/12 For Sale $299,000 -- $256 / 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 $3,918 $350,821 $98,507 $252,314
2023 $3,918 $337,200 $94,683 $242,517
2022 $3,796 $330,589 $92,827 $237,762
2021 $3,722 $324,107 $91,007 $233,100
2020 $3,682 $320,784 $90,074 $230,710
2019 $3,598 $314,495 $88,308 $226,187
2018 $3,519 $308,329 $86,578 $221,751
2017 $3,434 $302,284 $84,881 $217,403
2016 $3,401 $296,358 $83,217 $213,141
2015 $3,328 $291,909 $81,968 $209,941
2014 $3,210 $286,193 $80,363 $205,830
Source: Public Records

Agents Affiliated with this Home

  • Daniel Sievers

    Seller's Agent in 2013

    Daniel Sievers

    Innovate Realty, Inc.

    (951) 317-2000

    165 Total Sales

    Daniel Sievers
    Section Image

  • K

    Buyer's Agent in 2013

    Kathy Collins

    Century 21 Masters

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: K12065748

California Regional Multiple Listing Service (CRMLS)

APN: 111-202-002

California Riverside County Corona 92879 Central Corona

1229 Fullerton Ave, Corona, CA

Not Listed for Sale

MultiFamily

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