NOT LISTED FOR SALE

1278 Cornerstone Way Corona, CA 92880

North Corona Neighborhood

Estimated Value: $841,000 - $853,000

3 Beds
3 Baths
1,843 Sq Ft
$461/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $740,000 $402 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,374/month

58 Days on Market

Highlights

  • In Ground Pool
  • Bonus Room
  • Granite Countertops
  • Cathedral Ceiling
  • Corner Lot
  • No HOA

About This Home

As of October 2022

SPARKLING POOL HOME! Make this your own private oasis in this desirable Corona community of CC Ranch. This home features so many amazing attributes including being situated on a corner lot, in-ground sparkling pool, ,fenced pool area as well! Playground area with grass oversized driveway and side yard parking, gated dog run. This home has it ALL! On the interior you will find 3 bedrooms all with NEW carpet and a bonus room/office area. 3 full bathrooms. A kitchen that opens up to the living area. High ceilings in the entry /family room This home is light and bright and is in a move in ready condition. Close by the new shopping center, easy access to the 15/91 and 71 freeways. Stage Coach Park is just a short distance. You will NOT want to miss this home!

Last Listed By

Jennifer Huerta

Coldwell Banker Assoc Brokers License #02129849 Listed on: 07/05/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,473

Year Built

  • Built in 1997

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Tile Roof

Interior Spaces

  • 1,843 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Bonus Room
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 273
  • Assessor Parcel Number 121503003
  • $935 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,473

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: CC Ranch
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 121503003
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1843.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 401.52
  • Room Type: All Bedrooms Up, Bonus Room, Family Room, Kitchen, Living Room
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Corona-Norco Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 408.06
  • Tax Lot: 19
  • Tax Tract Number: 273...
  • TaxOtherAnnualAssessmentAmount: 935.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Sep 7, 2022
Sold by
Carter Daniel L and Carter Mari J
Bought by
Martin Samuel J and Martin Pilar
Seller's Agent
Jennifer Huerta
Coldwell Banker Assoc Brokers
Buyer's Agent
Austin Morales
eHomes
List Price
$749,999
Sold Price
$740,000
Premium/Discount to List
-$9,999
-1.33%
Total Days on Market
58
Views
59
Current Estimated Value
$848,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,728
Avg. Annual Appreciation
5.39%
Original Mortgage
$740,000
Interest Rate
5.66%
Mortgage Type
VA

Purchase Details

Closed on
Sep 3, 2008
Sold by
J P Morgan Mortgage Acquisition Corp
Bought by
Carter Daniel L and Carter Mari J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2008
Sold by
Farahi Kiumars
Bought by
J P Morgan Mortgage Acquisition Corp

Purchase Details

Closed on
Apr 1, 2005
Sold by
Farahi Sharon
Bought by
Farahi Kiumars

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,200
Interest Rate
6.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 15, 2005
Sold by
Kemp Richard A and Thompson Kemp Robin L
Bought by
Farahi Kiumars

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,200
Interest Rate
6.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 21, 1999
Sold by
Kemp Richard A and Kemp Robin Thompson
Bought by
Kemp Richard A and Thompson Kemp Robin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,034
Interest Rate
6.96%
Mortgage Type
VA

Purchase Details

Closed on
Mar 4, 1997
Sold by
Summerfield Dsi/Cdc Partners
Bought by
Kemp Richard A and Thompson Kemp Robin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,100
Interest Rate
7.7%
Mortgage Type
VA

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
Martin Samuel J $740,000 Fidelity National Title
Carter Daniel L $320,000 Fidelity National Title Co
J P Morgan Mortgage Acquisition Corp $446,250 North American Title Co
Farahi Kiumars -- First American Title Company
Farahi Kiumars $504,000 First American Title Company
Kemp Richard A -- Gateway Title Company
Kemp Richard A $154,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Samuel J $736,850
Closed Martin Samuel J $740,000
Previous Owner Carter Daniel L $223,000
Previous Owner Jt Jefferson Llc $2,100,000
Previous Owner Carter Daniel L $255,000
Previous Owner Carter Daniel L $256,000
Previous Owner Farahi Kiumars $570,000
Previous Owner Farahi Kiumars $403,200
Previous Owner Kemp Richard A $266,500
Previous Owner Kemp Richard A $32,000
Previous Owner Kemp Richard A $167,034
Previous Owner Kemp Richard A $38,019
Previous Owner Kemp Richard A $159,100
Closed Farahi Kiumars $100,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2022 10/13/22 Sold $740,000 -0.7% $402 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/09/2022 08/09/22 Price Changed $744,999 -0.7% $404 / Sq Ft
07/05/2022 07/05/22 For Sale $749,999 -- $407 / 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 $7,473 $740,000 $244,000 $496,000
2022 $5,290 $388,298 $151,676 $236,622
2021 $5,188 $380,685 $148,702 $231,983
2020 $5,128 $376,783 $147,178 $229,605
2019 $5,015 $369,396 $144,293 $225,103
2018 $4,907 $362,154 $141,465 $220,689
2017 $4,794 $355,054 $138,692 $216,362
2016 $4,825 $348,093 $135,973 $212,120
2015 $4,680 $342,867 $133,932 $208,935
2014 $4,549 $336,153 $131,309 $204,844
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG22146473

California Regional Multiple Listing Service (CRMLS)

APN: 121-503-003