$729,000
SOLD JUN 14, 2019
8 Beds
8 Baths
4,000 Sq Ft
7,755 Sq Ft Lot

Recently Sold

$182 Per Sq Ft

7% Below List Price

81 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cul-De-Sac

About This Home

As of December 2022

Heart of Corona 4-Plex. 4 Units are Model Match, with Two Stories, Downstairs is a Large Living room and Dining room combo with a sliding glass door leading to a private patio area. Galley Kitchen, (stoves included, refrigerators belong to tenants). Half bath downstairs with toilet and sink. Upstairs are two spacious bedrooms with large closets and a full bath. Three of the four units have recently had their bathrooms remodeled with Porcelin Tile on surround wall and floors. Owners have recently spent over $30,000. on exterior paint, termite repairs, new roof on carport, some of the windows have been changed. Unit B had new kitchen installed in 2017. Unit D just had new paint and carpet. All units have wall heaters and a downstairs wall a/c. Upstairs a/c units belong to tenants. New water heater installed in 2018 100 gallon. Owner pays water, trash, and gas for water heater. Tenant each have own electric meter and gas meter for stove and heat.

Last Agent to Sell the Property

Tammi Schilling-Garland

Century 21 Garland License #00813875 Listed on: 01/17/2019

Century 21 Garland

Last Buyer's Agent

Christopher Phipps

Realty One Group West License #01504980

Realty One Group West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,076

Year Built

  • Built in 1962

Lot Details

  • 7,755 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac
  • Density is up to 1 Unit/Acre

Home Design

  • 4,000 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 7
  • Tax Tract Number 2857
  • Assessor Parcel Number 110050007

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $524
  • Gardener Expense $1,200
  • Insurance Expense $2,000
  • Professional Management Expense $3,600
  • Trash Expense $3,134
  • Water Sewer Expense $3,480
  • New Taxes Expense $8,064
  • Operating Expense $18,402
  • Gross Income $58,800
  • Net Operating Income $40,396

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,076

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Other Phone Description: Tammi Schilling
  • Other Phone Number: 9514547169
  • Professional Management Expense: 3600.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3480.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 110050007
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 182.25

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 3134.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Cul-De-Sac
  • Lot Size Sq Ft: 7755.00
  • Lot Size Acres: 0.1780

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 1000 Square Feet
  • Fuel Expense: 524.00
  • Gross Income: 58800.00
  • Gross Operating Income: 18402.00
  • Gross Scheduled Income: 58800.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7755.0000 Square Feet
  • Net Operating Income: 40396.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense: 18404.00
  • Operating Expense Percent: 3.20
  • Rent Control: No
  • Total Actual Rent: 4650.00
  • Total Expenses: 18402.00

Tax Info

  • New Taxes Expense: 8064.00
  • Tax Lot: 7
  • Tax Tract Number: 2857

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2024
Sold by
Thakkar Sandeep K and Li Ammie
Bought by
Sandeep K Thakkar And Ammie K Thakkar Living and Thakkar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$782,000
Outstanding Balance
$774,156
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$475,429

Purchase Details

Listed on
Aug 8, 2022
Closed on
Nov 29, 2022
Sold by
Nguyen Quoc Lap
Bought by
Sandeep K Thakkar And Ammie K Thakkar Living and Thakkar
Seller's Agent
Steven Doan
Realty One Group West
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$1,135,000
Sold Price
$1,060,000
Premium/Discount to List
-$75,000
-6.61%
Views
97

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Original Mortgage
$795,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2019
Closed on
Jun 3, 2019
Sold by
Nguyen Lanchi Thi
Bought by
Nguyen Quoc Lap
Seller's Agent
Tammi Schilling-Garland
Century 21 Garland
Buyer's Agent
Christopher Phipps
Realty One Group West
List Price
$779,900
Sold Price
$729,000
Premium/Discount to List
-$50,900
-6.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Original Mortgage
$546,750
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2019
Sold by
Chatwin Bill and Chatwin Marjie
Bought by
Nguyen Quoc Lap

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,750
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2007
Sold by
Chatwin Bill and Chatwin Marjie
Bought by
Chatwin Bill and Chatwin Marjie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 2004
Sold by
Chatwin William O and Chatwin Marjorie L
Bought by
Chatwin Bill and Chatwin Margie

Purchase Details

Closed on
Apr 8, 2004
Sold by
Chatwin Marjorie L
Bought by
Chatwin William O and Chatwin Marjorie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 4, 1993
Sold by
Chatwin Marjorie L and Davis Marjorie L
Bought by
Chatwin Marjorie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.62%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $1,060,000 Fidelity National Title
Interfamily Deed Transfer -- Ticor
Grant Deed $729,000 Ticor Title Riverside
Interfamily Deed Transfer -- Progressive
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Equity Title Company
Grant Deed -- United Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $782,000 New Conventional
Previous Owner $795,000 New Conventional
Previous Owner $546,750 New Conventional
Previous Owner $414,000 New Conventional
Previous Owner $290,000 Commercial
Previous Owner $225,000 Commercial
Previous Owner $120,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 Pending -- -- --
08/16/2025 08/16/25 For Sale $1,275,000 0.0% $365 / Sq Ft
07/19/2025 07/19/25 Pending -- -- --
06/16/2025 06/16/25 For Sale $1,275,000 +20.3% $365 / Sq Ft
12/16/2022 12/16/22 Sold $1,060,000 -6.6% $303 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $1,135,000 +55.7% $325 / Sq Ft
06/14/2019 06/14/19 Sold $729,000 -1.5% $182 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
03/26/2019 03/26/19 Price Changed $739,900 -1.3% $185 / Sq Ft
02/28/2019 02/28/19 Price Changed $750,000 -3.8% $188 / Sq Ft
02/15/2019 02/15/19 For Sale $779,900 0.0% $195 / Sq Ft
02/06/2019 02/06/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $779,900 -- $195 / 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 $12,076 $1,102,824 $208,080 $894,744
2023 $12,076 $1,060,000 $200,000 $860,000
2022 $8,645 $766,308 $126,141 $640,167
2021 $8,474 $751,283 $123,668 $627,615
2020 $8,381 $743,580 $122,400 $621,180
2019 $2,736 $238,827 $63,668 $175,159
2018 $2,675 $234,145 $62,421 $171,724
2017 $2,611 $229,555 $61,198 $168,357
2016 $2,585 $225,055 $59,999 $165,056
2015 $2,530 $221,677 $59,099 $162,578
2014 $2,441 $217,338 $57,943 $159,395
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG19013123

California Regional Multiple Listing Service (CRMLS)

APN: 110-050-007