NOT LISTED FOR SALE

1405 Elgin Way Unit 13 Corona, CA 92879

Corona Ranch Neighborhood

Estimated Value: $738,000 - $779,000

4 Beds
3 Baths
1,937 Sq Ft
$390/Sq Ft Est. Value

Last Sold December 14, 2016

Last sale price $425,000 $219 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,494/month

29 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Main Floor Bedroom
  • Contemporary Architecture
  • Wood Flooring
  • 4-minute walk to Village Park

About This Home

As of December 2016

Step into this beautiful family home and enjoy the formal entry, vaulted ceilings, and large windows to bring in the natural light. The open floor plan, impressive flooring, and welcoming interior paint colors will be sure to impress your guests. The layout of this house is absolutely perfect! The kitchen is open to the family room, and a sliding glass door leads you to the private covered patio and backyard. Benefit from the convenience of a downstairs bedroom, bathroom, and inside laundry room. Walking upstairs enjoy the privacy of the true master bedroom suite, surrounded by large windows, and greeted by high ceilings. Pamper yourself in the large master bathroom, complete with a separate shower and bathtub, and two sinks for extra space and convenience. The 2 additional upstairs bedrooms are located at the other side of the house, and share a full bathroom. This home is just a few steps away from a wonderful park and playground, and walking distance to an award winning elementary school. This community is conveniently located just one mile away from grocery stores, shopping boutiques, and 2 major freeways. This property will sell quickly!

Last Agent to Sell the Property

Tom Schick

Realty Source, Inc License #01457767 Listed on: 09/26/2016

Last Buyer's Agent

Brian Shuhaibar

Nexteam Real Estate License #01952612

Nexteam Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997 | Remodeled

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 52x88x51x85
  • Wood Fence
  • Landscaped
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn

HOA Fees

  • $52 Monthly HOA Fees

Parking

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

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Flat Tile Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 1,937 Sq Ft Home
  • Cathedral Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Awning
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Park or Greenbelt Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Front Porch

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 28363
  • Assessor Parcel Number 122532003

Community Details

Overview

  • S&L Property And Management Association, Phone Number (951) 698-4030
  • Secondary HOA Phone (951) 200-7768

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Year Built

Built in 1997 | Remodeled

Lot Details

0

HOA Fees

$52 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Contemporary, Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 122532003
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1937.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Granite Counters, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Family Kitchen, Dining Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 219.41
  • Room Type: Family Room, Formal Entry, Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s), Lighting
  • View: Park/Greenbelt
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Deck, Patio, Front Porch, Rear Porch
  • Pool Private: No
  • Roof: Flat Tile
  • Construction Materials: Stone, Stucco

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground
  • Association Fee: 52.00
  • Association Fee Frequency: Monthly
  • Association Name: S&L Property and Management
  • Phone: 951-698-4030
  • Association Phone #2: 951-200-7768
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size: 52x88x51x85
  • Lot Size Sq Ft: 4356.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 482.00
  • Tax Lot: 3
  • Tax Tract Number: 28363

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2021
Sold by
Chawla Imran
Bought by
Chawla Shahid M and Chawla Nighat
Current Estimated Value
$755,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Outstanding Balance
$223,353
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$532,210

Purchase Details

Closed on
Sep 13, 2019
Sold by
Chawla Shahid Muzaffar and Chawla Imran
Bought by
Chawla Imran and Chawla Shahid M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 26, 2016
Closed on
Dec 9, 2016
Sold by
Chawla Nighat
Bought by
Chawla Shahid Muzaffar
Seller's Agent
Tom Schick
Realty Source, Inc
Buyer's Agent
Brian Shuhaibar
Nexteam Real Estate
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Original Mortgage
$362,738
Interest Rate
3.54%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 26, 2016
Closed on
Oct 28, 2016
Sold by
Ohprecio Gregoria and Chung Grace
Bought by
Chawla Shahid Muzaffar and Chawla Imran
Seller's Agent
Tom Schick
Realty Source, Inc
Buyer's Agent
Brian Shuhaibar
Nexteam Real Estate
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,738
Interest Rate
3.54%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 7, 2006
Sold by
Ohprecio Gregoria and Chung Grace
Bought by
Ohprecio Gregoria and Chung Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 17, 2002
Sold by
Burton Rodolfo
Bought by
Ohprecio Gregoria and Chung Grace

Purchase Details

Closed on
Jun 7, 2002
Sold by
Jones Charles A and Jones Alesia F
Bought by
Burton Rodolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.69%

Purchase Details

Closed on
Oct 21, 1997
Sold by
Pulte Home Corp
Bought by
Jones Charles A and Jones Alesia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,350
Interest Rate
7.05%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chawla Shahid M -- Amrock Llc
Chawla Imran -- Lawyers Title Ie
Chawla Shahid Muzaffar -- Linear Title
Chawla Shahid Muzaffar $425,000 Linear Title
Ohprecio Gregoria -- Investors Title
Ohprecio Gregoria -- Accommodation
Burton Rodolfo $260,000 Old Republic Title Company
Jones Charles A $160,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chawla Shahid M $246,000
Closed Chawla Imran $356,000
Previous Owner Chawla Shahid Muzaffar $362,738
Previous Owner Ohprecio Gregoria $300,000
Previous Owner Burton Rodolfo $208,000
Previous Owner Jones Charles A $152,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2016 12/14/16 Sold $425,000 -5.3% $219 / Sq Ft
10/25/2016 10/25/16 Pending -- -- --
09/26/2016 09/26/16 For Sale $449,000 -- $232 / 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 $5,660 $493,242 $139,263 $353,979
2023 $5,660 $474,091 $133,856 $340,235
2022 $5,489 $464,796 $131,232 $333,564
2021 $5,387 $455,683 $128,661 $327,022
2020 $5,331 $451,011 $127,342 $323,669
2019 $5,213 $442,169 $124,846 $317,323
2018 $5,255 $433,500 $122,400 $311,100
2017 $5,796 $425,000 $120,000 $305,000
2016 $5,350 $388,000 $199,000 $189,000
2015 $5,303 $388,000 $199,000 $189,000
2014 $5,113 $372,000 $191,000 $181,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16734634

California Regional Multiple Listing Service (CRMLS)

APN: 122-532-003