NOT LISTED FOR SALE

Estimated Value: $1,071,000 - $1,250,253

8 Beds
8 Baths
3,900 Sq Ft
$298/Sq Ft Est. Value

Last Sold September 13, 2018

Last sale price $790,000 $203 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $7,334/month

17 Days on Market

Highlights

  • No Units Above
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Property is near a park
  • Laundry Room
  • 4 Attached Carport Spaces

About This Home

As of September 2018

This home is located at 1255 W 10th St, Corona, CA 92882 since 13 August 2018 and is currently estimated at $1,163,063, approximately $298 per square foot. This property was built in 1962. 1255 W 10th St is a home located in Riverside County with nearby schools including Vicentia Elementary School, Letha Raney Intermediate School, and Corona High School.

Last Agent to Sell the Property

Gabriel Arambula

Broker Groves, Inc License #01513927 Listed on: 08/13/2018

Broker Groves, Inc

Last Buyer's Agent

Emil Yip

License #01388910

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,665

Year Built

  • Built in 1962

Lot Details

  • 7,210 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Front Yard Sprinklers

Home Design

  • Patio Home
  • Property Attached

Interior Spaces

  • 3,900 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Upper Level Bedrooms
  • 8 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Attached Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Property is near a park

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 3
  • Tax Tract Number 2587
  • Assessor Parcel Number 110050003

Community Details

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $1,320
  • Gardener Expense $960
  • Insurance Expense $780
  • Maintenance Expense $890
  • Pest Control $480
  • Trash Expense $1,750
  • Water Sewer Expense $2,800
  • New Taxes Expense $8,635
  • Operating Expense $17,135
  • Gross Income $58,500
  • Net Operating Income $41,365

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,665

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Other Phone Number: 949-501-3224
  • Property Attached: Yes
  • Water Sewer Expenses: 2800.00
  • Zoning: R3
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 110050003
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 202.56
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Attached Carport
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Pest Control Expense: 480.00
  • Sewer: Sewer Paid
  • Trash Expense: 1750.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby, Patio Home, Sprinkler System, Sprinklers In Front
  • Lot Size Sq Ft: 7210.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Fuel Expense: 1320.00
  • Gross Income: 58500.00
  • Gross Scheduled Income: 58500.00
  • Insurance Expense: 780.00
  • Maintenance Expense: 890.00
  • Net Operating Income: 41365.00
  • 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 Wall A C: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 17135.00
  • Rent Control: No
  • Total Actual Rent: 4875.00
  • Total Expenses: 17135.00

Tax Info

  • New Taxes Expense: 8635.00
  • Tax Census Tract: 417.03
  • Tax Lot: 3
  • Tax Tract Number: 2587

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2018
Closed on
Sep 12, 2018
Sold by
Steinmetz Gregg
Bought by
Yip Jonal Chingping
Seller's Agent
Gabriel Arambula
Broker Groves, Inc
Buyer's Agent
Emil Yip
List Price
$785,000
Sold Price
$790,000
Premium/Discount to List
$5,000
0.64%
Total Days on Market
17
Current Estimated Value
$1,163,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,063
Avg. Annual Appreciation
5.92%

Purchase Details

Listed on
Aug 13, 2018
Closed on
Aug 21, 2018
Sold by
Steinmetz Gregg Douglas
Bought by
Steinmetz Gregg
Seller's Agent
Gabriel Arambula
Broker Groves, Inc
Buyer's Agent
Emil Yip
List Price
$785,000
Sold Price
$790,000
Premium/Discount to List
$5,000
0.64%

Purchase Details

Closed on
May 10, 2018
Sold by
Steinmetz Gregg
Bought by
Steinmetz Gregg Douglas

Purchase Details

Listed on
Sep 3, 2016
Closed on
Feb 28, 2017
Sold by
Harold Timothy M
Bought by
Steinmetz Gregg
Seller's Agent
Stacy McCullough
Berkshire Hathaway HomeService
Buyer's Agent
Gregg Steinmetz
Platinum Financial Services
List Price
$854,000
Sold Price
$720,000
Premium/Discount to List
-$134,000
-15.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Interest Rate
4.16%

Purchase Details

Closed on
Jul 27, 2015
Sold by
Harold Timothy Michael and Harold Debi Jo
Bought by
Harold Family Trust

Purchase Details

Closed on
Jan 3, 2013
Sold by
Olivas Philip and Olivas Virginia
Bought by
Harold Timothy Michael and Harold Debi Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
3.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 9, 2007
Sold by
Lee Won and Lee Heather M
Bought by
Olivas Philip and Olivas Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
6.14%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 26, 2000
Sold by
Lee Won
Bought by
Lee Won and Lee Kwang Ja

Purchase Details

Closed on
Jul 7, 2000
Sold by
Lee Heather M
Bought by
Lee Won

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
8.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2000
Sold by
Lujan Ferrero
Bought by
Lee Won

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
8.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 3, 1998
Sold by
Darr Edward B and Darr Jill A
Bought by
Ferrero Lujan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,238
Interest Rate
6.77%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 1997
Sold by
Darr Edward B and Darr Jill A
Bought by
Darr Edward B and Darr Jill A

Purchase Details

Closed on
Oct 29, 1996
Sold by
Darr Edward B
Bought by
Darr Edward B and Darr Jill A

Purchase Details

Closed on
Aug 23, 1996
Sold by
Darr Jill
Bought by
Darr Edward B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,100
Interest Rate
8.42%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 30, 1996
Sold by
Federal National Mortgage Association
Bought by
Darr Edward B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,100
Interest Rate
8.42%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 12, 1996
Sold by
Ansari Mobin and Ansari Yasmeen
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,100
Interest Rate
8.42%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 6, 1990
Sold by
Masood Mohammad
Bought by
Ansari Mobin and Ansari Yasmeen
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
Yip Jonal Chingping $790,000 Pacific Coast Title Company
Steinmetz Gregg -- Pacific Coast Title Company
Steinmetz Gregg Douglas -- Accommodation
Steinmetz Gregg -- --
Harold Family Trust -- None Available
Harold Timothy Michael $520,000 Landwood Title
Olivas Philip $660,000 Commerce Title
Lee Won -- Commerce Title
Lee Won -- --
Lee Won -- Fidelity National Title
Lee Won $235,000 Fidelity National Title
Ferrero Lujan $182,500 Fidelity National Title Co
Darr Edward B -- Fidelity National Title Co
Darr Edward B -- United Title Company
Darr Edward B -- Continental Lawyers Title Co
Darr Edward B $102,500 Continental Lawyers Title Co
Federal National Mortgage Association $189,182 North American Title Co
Ansari Mobin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steinmetz Gregg $536,500
Previous Owner Steinmetz Gregg --
Previous Owner Harold Timothy Michael $295,000
Previous Owner Olivas Philip $528,000
Previous Owner Lee Won $100,000
Previous Owner Lee Won $475,000
Previous Owner Lee Won $100,000
Previous Owner Lee Won $188,000
Previous Owner Ferrero Lujan $181,238
Previous Owner Darr Edward B $122,500
Previous Owner Darr Edward B $99,100
Closed Steinmetz Gregg $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2018 09/13/18 Sold $790,000 +0.6% $203 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $785,000 +9.0% $201 / Sq Ft
03/01/2017 03/01/17 Sold $720,000 -2.7% $189 / Sq Ft
01/18/2017 01/18/17 Price Changed $740,000 -7.3% $195 / Sq Ft
09/23/2016 09/23/16 Price Changed $798,000 -6.6% $210 / Sq Ft
09/03/2016 09/03/16 For Sale $854,000 +64.2% $225 / Sq Ft
03/22/2013 03/22/13 Sold $520,000 -1.9% $137 / Sq Ft
07/10/2012 07/10/12 Pending -- -- --
07/10/2012 07/10/12 For Sale $530,000 -- $139 / 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 $9,665 $847,037 $203,717 $643,320
2022 $9,360 $830,429 $199,723 $630,706
2021 $9,175 $814,147 $195,807 $618,340
2020 $9,074 $805,800 $193,800 $612,000
2019 $8,864 $790,000 $190,000 $600,000
2018 $8,220 $734,400 $153,000 $581,400
2017 $6,163 $551,736 $97,614 $454,122
2016 $6,103 $540,918 $95,700 $445,218
2015 $5,970 $532,795 $94,263 $438,532
2014 $5,752 $522,360 $92,417 $429,943
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18197025

California Regional Multiple Listing Service (CRMLS)

APN: 110-050-003