Seller's Agent in 2025
Lionel Franklin
Keller Williams Realty Irvine
(714) 580-1047
4 in this area
84 Total Sales
3
Beds
5
Baths
3,415
Sq Ft
0.45
Acres
Highlights
- 0.45 Acre Lot
- No HOA
- Cooling System Mounted To A Wall/Window
- Corner Lot
- Cul-De-Sac
- Laundry Room
About This Home
As of January 2025Welcome to this magnificent residence, offering unparalleled luxury and exceptional investment potential. Nestled on a generous .45-acre lot, this 8-bedroom, 5-bathroom home spans 3,415 sq ft and provides a versatile living space with endless opportunities. Step inside to discover an expansive floor plan bathed in Chino, CA. The gourmet kitchen is a culinary haven, equipped with tile countertops, a breakfast bar, and ample cabinetry. The adjacent family room, complete with a cozy fireplace, is perfect for entertaining and family gatherings. The property currently functions as a multifamily home, generating nearly $9,000 per month in rental income, making it a true cash cow with an impressive annual revenue of $107k. Bedrooms are generously sized, providing comfort and flexibility for tenants or family members. Outside, the expansive backyard is an entertainer's paradise with plenty of space for outdoor activities. The property includes paid-off solar panels, ensuring energy efficiency and significant savings. The 4-car garage offers approved plans for an ADU conversion, adding further value and rental potential. Additionally, there's RV access and ample room to build on the back of the property. Situated in a desirable Chino neighborhood, this home is conveniently located near top-rated schools, shopping centers, parks, and dining options. Whether you're looking for a luxurious family residence or a high-yield investment property, 12520 Norton Avenue is an exceptional opportunity. Don't miss out on this rare find. Schedule your private tour today and experience the unmatched lifestyle and investment potential this stunning home has to offer!
Last Agent to Sell the Property
Keller Williams Realty Irvine Brokerage Phone: 714-580-1047 License #01730363 Listed on: 07/16/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,041
Year Built
- Built in 1952
Lot Details
- 0.45 Acre Lot
- Cul-De-Sac
- Corner Lot
- Level Lot
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 3,415 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 5 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Septic Type Unknown
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tax Lot 228
- Tax Tract Number 1001
- Assessor Parcel Number 1016351190000
- $358 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
Building Details
- 6 Leased Units
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 16, 2024
Closed on
Dec 3, 2024
Sold by
Asma Nausheen and Qibla Living Trust
Bought by
Yu Shan
Seller's Agent
Lionel Franklin
Keller Williams Realty Irvine
Buyer's Agent
Sirui Ren
Wetrust Realty
List Price
$1,200,000
Sold Price
$1,250,000
Premium/Discount to List
$50,000
4.17%
Views
123
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,784
Avg. Annual Appreciation
-2.37%
Original Mortgage
$937,500
Interest Rate
6.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 22, 2016
Sold by
Sheikh Abdul H
Bought by
Asma Sheikh Abdul H and Asma Nausheen
Purchase Details
Closed on
Mar 3, 2011
Sold by
Sheikh Asma Nausheen
Bought by
Sheikh Abdul H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 25, 2011
Sold by
Hsbc Bank Usa National Association
Bought by
Sheikh Abdul H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 17, 2010
Sold by
Montemayor Mila
Bought by
Hsbc Bank Usa National Association
Purchase Details
Closed on
Mar 29, 2002
Sold by
Wilson Thomas W
Bought by
Montemayor Mila
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
7.13%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,250,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | $290,000 | First American Title Company | |
| Trustee Deed | $407,670 | Accommodation | |
| Grant Deed | $295,000 | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $937,500 | New Conventional | |
| Previous Owner | $401,000 | New Conventional | |
| Previous Owner | $291,000 | New Conventional | |
| Previous Owner | $75,000 | Stand Alone Second | |
| Previous Owner | $203,000 | Purchase Money Mortgage | |
| Previous Owner | $375,000 | Unknown | |
| Previous Owner | $70,000 | Credit Line Revolving | |
| Previous Owner | $344,000 | Unknown | |
| Previous Owner | $63,000 | Credit Line Revolving | |
| Previous Owner | $264,859 | Unknown | |
| Previous Owner | $265,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2025 01/31/25 | Sold | $1,250,000 | 0.0% | $366 / Sq Ft |
| 11/18/2024 11/18/24 | Pending | -- | -- | -- |
| 10/19/2024 10/19/24 | Price Changed | $1,250,000 | +4.2% | $366 / Sq Ft |
| 07/16/2024 07/16/24 | For Sale | $1,200,000 | -- | $351 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $4,041 | $371,540 | $130,040 | $241,500 |
| 2024 | $4,041 | $364,255 | $127,490 | $236,765 |
| 2023 | $3,929 | $357,113 | $124,990 | $232,123 |
| 2022 | $3,906 | $350,111 | $122,539 | $227,572 |
| 2021 | $3,830 | $343,246 | $120,136 | $223,110 |
| 2020 | $3,781 | $339,726 | $118,904 | $220,822 |
| 2019 | $3,715 | $333,065 | $116,573 | $216,492 |
| 2018 | $3,633 | $326,534 | $114,287 | $212,247 |
| 2017 | $3,568 | $320,131 | $112,046 | $208,085 |
| 2016 | $3,466 | $313,854 | $109,849 | $204,005 |
| 2015 | $3,268 | $309,140 | $108,199 | $200,941 |
| 2014 | $3,203 | $303,085 | $106,080 | $197,005 |
Source: Public Records
Agents Affiliated with this Home
-
Lionel Franklin
-
Sirui Ren
Buyer's Agent in 2025
Sirui Ren
Wetrust Realty
(626) 905-6339
2 in this area
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24141732
APN: 1016-351-19
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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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