NOT LISTED FOR SALE

Estimated Value: $647,000 - $771,000

4 Beds
2 Baths
1,368 Sq Ft
$504/Sq Ft Est. Value

Last Sold December 12, 2012

Last sale price $230,900 $169 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $3,878/month

124 Days on Market

Highlights

  • Wood Siding
  • No Heating
  • 4-minute walk to Husted Park

About This Home

As of December 2012

IT'S ALL ABOUT LOCATION! This attractive duplex is located in one of Corona's finest rental areas AND in one of the hottest real estate markets in Southern California. Nestled on a quiet single family street almost kitty-corner to the intermediate school, you'll never have trouble keeping it rented. These detached 2 bedroom / 1 bath units have new exterior paint, newer kitchens and baths, tile floors...no hard fix up needed here - it's already done! Both units are currently rented and the tenants want to stay. Drive by and see its charm for yourself, then submit your offer!!

Last Agent to Sell the Property

Greg Kamin

Sun Tag Properties License #01173655 Listed on: 07/25/2012

Last Buyer's Agent

Doreen Mendoza

Coldwell Banker Blackstone License #01875682

Coldwell Banker Blackstone

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,166

Year Built

  • Built in 1925

Lot Details

  • 7,405

Home Design

  • 1,368 Sq Ft Home
  • Wood Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Carport

Additional Features

  • 7,405 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 1 / B
  • Assessor Parcel Number 110202014

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $21,600
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,166

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 9.00
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 110202014
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 168.79

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: No
  • Parking Features: Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Gross Income: 21600.00
  • Gross Multiplier: 11.11
  • Gross Scheduled Income: 21600.00
  • Net Operating Income: 21600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 4003
  • Tax Block: B
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2012
Closed on
Nov 30, 2012
Sold by
Tesoro Rancho Investments Llc
Bought by
Shelby Nicarao Corp
Seller's Agent
Greg Kamin
Sun Tag Properties
Buyer's Agent
Doreen Mendoza
Coldwell Banker Blackstone
List Price
$249,900
Sold Price
$230,900
Premium/Discount to List
-$19,000
-7.6%
Current Estimated Value
$689,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,267
Avg. Annual Appreciation
8.87%

Purchase Details

Closed on
Jun 19, 2012
Sold by
Loza Jose Luis
Bought by
Tesoro Rancho Investments Llc

Purchase Details

Closed on
Jan 23, 2003
Sold by
Segura Maria Delosangeles
Bought by
Segura Jose T

Purchase Details

Closed on
Apr 11, 2000
Sold by
Calitz Jacobus
Bought by
Loza Jose Luis

Purchase Details

Closed on
Jan 27, 2000
Sold by
Hud
Bought by
Loza Jose Luis and Calitz Jacobus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,075
Interest Rate
8.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 1999
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Mar 22, 1999
Sold by
Ramirez Patricia and Ramirez Anjelica
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Nov 21, 1996
Sold by
Shipp Bill
Bought by
Ramirez Patricia and Ramirez Anjelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,387
Interest Rate
7.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 1996
Sold by
California Federal Bank Fsb
Bought by
Shipp Bill

Purchase Details

Closed on
Jul 10, 1996
Sold by
Hicks Kenneth Allan and Hicks Karen R
Bought by
California Federal Bank Fsb and California Fsla
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
Shelby Nicarao Corp $231,000 Ticor Title
Tesoro Rancho Investments Llc $140,807 Ticor Title
Segura Jose T -- Stewart
Loza Jose Luis -- --
Loza Jose Luis $88,500 First Southwestern Title Co
Hud -- Landsafe Title
Countrywide Home Loans Inc $102,773 Landsafe Title
Ramirez Patricia $100,000 Commonwealth Land Title Co
Shipp Bill $43,500 Commonwealth Land Title Co
California Federal Bank Fsb $93,254 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loza Jose Luis $84,075
Previous Owner Ramirez Patricia $99,387
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2012 12/12/12 Sold $230,900 -7.6% $169 / Sq Ft
11/26/2012 11/26/12 Pending -- -- --
07/25/2012 07/25/12 For Sale $249,900 -- $183 / 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 $3,166 $284,323 $73,878 $210,445
2023 $3,166 $273,284 $71,010 $202,274
2022 $3,067 $267,926 $69,618 $198,308
2021 $3,006 $262,673 $68,253 $194,420
2020 $2,973 $259,981 $67,554 $192,427
2019 $2,906 $254,884 $66,230 $188,654
2018 $2,841 $249,887 $64,932 $184,955
2017 $2,773 $244,988 $63,659 $181,329
2016 $2,745 $240,185 $62,411 $177,774
2015 $2,686 $236,579 $61,475 $175,104
2014 $2,591 $231,947 $60,272 $171,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P829843

California Regional Multiple Listing Service (CRMLS)

APN: 110-202-014