NOT LISTED FOR SALE

Estimated Value: $1,069,000 - $1,259,111

8 Beds
4 Baths
4,000 Sq Ft
$296/Sq Ft Est. Value

Last Sold June 25, 2018

Last sale price $770,000 $192 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,453/month

18 Days on Market

About This Home

As of June 2018

Well keep Nice and clean 4 unit Apartment Building in Corona. All units are 2 Bedroom, 1.5 Bathrooms. Each unit is about 1,000 sq ft really good location walking distance to every thing . 100% occupancy with good tenant also there is a 4 car carport and 4 additional parking spaces in the complex. Great potential for investor as there is room for improvements on the rent, Separate electric meters it is Complete turn-key and does not require any deferred maintenance. Good opportunity to own this 4 units or stay in one rent other three out as owner occupied income property.

Last Agent to Sell the Property

Jenny Thorson

Realty ONE Group Homelink License #01761795 Listed on: 04/14/2018

Realty ONE Group Homelink

Last Buyer's Agent

Pari Naghipour

Real Estate Source Inc. License #01496291

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,610

Year Built

  • Built in 1958

Lot Details

  • 7,414 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 4,000 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 8 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 2857
  • Assessor Parcel Number 110050004

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $1,200
  • Insurance Expense $1,500
  • New Taxes Expense $9,228
  • Gross Income $54,000
  • Net Operating Income $54,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,610

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 110050004
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 192.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7414.00

Multi Family

  • Fuel Expense: 1200.00
  • Gross Income: 54000.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 54000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9228.00
  • Tax Census Tract: 417.03
  • Tax Lot: 4
  • Tax Tract Number: 2857

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2020
Sold by
Zoorob Sami S and Zoorob Sami
Bought by
Zoorob Sami S
Total Days on Market
18
Current Estimated Value
$1,185,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,000
Outstanding Balance
$509,783
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$675,245

Purchase Details

Listed on
Apr 14, 2018
Closed on
Jun 19, 2018
Sold by
Semaan Rana
Bought by
Zoorob Sami
Seller's Agent
Jenny Thorson
Realty ONE Group Homelink
Buyer's Agent
Pari Naghipour
Real Estate Source Inc.
List Price
$769,000
Sold Price
$770,000
Premium/Discount to List
$1,000
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$566,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2018
Closed on
May 18, 2018
Sold by
Zhuo Ellen Fujia and Frederick Gerald
Bought by
Zoorob Sami
Seller's Agent
Jenny Thorson
Realty ONE Group Homelink
Buyer's Agent
Pari Naghipour
Real Estate Source Inc.
List Price
$769,000
Sold Price
$770,000
Premium/Discount to List
$1,000
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2012
Sold by
Kantaria Kaushik and Kantaria Hansa
Bought by
Zhuo Ellen Fujia and Frederick Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,675
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 23, 2011
Sold by
Murillo Ivan J and Murillo Maria D
Bought by
Kantaria Kaushik and Kantaria Hansa

Purchase Details

Closed on
Aug 17, 2001
Sold by
Murillo Ivan J and Magana Abraham
Bought by
Murillo Jim Ivan J and Murillo Maria D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,300
Interest Rate
7.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 10, 2000
Sold by
Cerda Carlos H
Bought by
Murillo Ivan J and Magana Abraham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,340
Interest Rate
8.38%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Zoorob Sami S -- First American Title Ins Co
Zoorob Sami -- Fidelity National Title Com
Zoorob Sami $770,000 Fidelity National Title Comp
Zhuo Ellen Fujia $489,000 Westminster Title Co Inc
Kantaria Kaushik $340,000 Ticor Title
Murillo Jim Ivan J -- American Title Co
Murillo Maria D -- American Title Co
Murillo Ivan J $203,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zoorob Sami S $569,000
Closed Zoorob Sami $566,250
Previous Owner Zhuo Ellen Fujia $366,675
Previous Owner Virgen Jesus Ivan Murillo $592,500
Previous Owner Murillo Ivan J $229,000
Previous Owner Murillo Ivan J $200,000
Previous Owner Murillo Ivan J $44,000
Previous Owner Murillo Jim Ivan J $209,300
Previous Owner Murillo Ivan J $201,340
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2018 06/25/18 Sold $770,000 +0.1% $193 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
04/14/2018 04/14/18 For Sale $769,000 +57.3% $192 / Sq Ft
06/06/2012 06/06/12 Sold $488,900 -17.8% $122 / Sq Ft
03/24/2012 03/24/12 Pending -- -- --
10/04/2011 10/04/11 For Sale $595,000 -- $149 / 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
2023 $9,610 $842,105 $202,324 $639,781
2022 $9,306 $825,594 $198,357 $627,237
2021 $9,122 $809,407 $194,468 $614,939
2020 $9,022 $801,108 $192,474 $608,634
2019 $0 $785,400 $188,700 $596,700
2018 $6,063 $539,802 $146,815 $392,987
2017 $5,915 $529,219 $143,937 $385,282
2016 $5,858 $518,843 $141,115 $377,728
2015 $5,730 $511,052 $138,997 $372,055
2014 $5,521 $501,043 $136,275 $364,768
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR18084338

California Regional Multiple Listing Service (CRMLS)

APN: 110-050-004