NOT LISTED FOR SALE

1740 Forum Way Corona, CA 92881

Estimated Value: $562,000 - $594,000

3 Beds
2.5 Baths
1,254 Sq Ft
$217/mo HOA Fee

Last Sold August 03, 2020

Last sale price $390,000 $311 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,819/month

8 Days on Market

Highlights

  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Open Floorplan
  • El Cerrito Middle School Rated A-
  • Updated Kitchen
  • Cape Cod Architecture

About This Home

As of August 2020

This home is located at 1740 Forum Way, Corona, CA 92881 since 27 June 2020 and is currently estimated at $574,492, approximately $458 per square foot. This property was built in 1984. 1740 Forum Way is a home located in Riverside County with nearby schools including John Stallings Elementary School, El Cerrito Middle School, and Centennial High School.

Last Listed By

Kimberly Talbert

Compass License #01507260 Listed on: 06/27/2020

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,627

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • Property fronts a private road
  • End Unit
  • 1 Common Wall
  • East Facing Home
  • Wood Fence
  • Landscaped
  • Corners Of The Lot Have Been Marked
  • Front and Side Yard Sprinklers
  • Private Yard
  • Lawn

HOA Fees

  • $217 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • Unassigned Parking

Property Views

  • Park or Greenbelt
  • Neighborhood

Home Design

  • Cape Cod Architecture
  • Planned Development
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,254 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Living Room
  • Dining Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

Pool

  • Heated In Ground Pool
  • Gas Heated Pool
  • Gunite Pool
  • Permits for Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Spa
  • Permits For Spa

Outdoor Features

  • Open Patio
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Location

  • Property is near a park

Utilities

  • Whole House Fan
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 124
  • Tax Tract Number 18464
  • Assessor Parcel Number 107222025

Community Details

Overview

  • 164 Units
  • The Gallery HOA, Phone Number (951) 270-3700
  • Socal Property Enterprises HOA
  • Built by Citation Homes
  • End Unit
  • Maintained Community
  • Foothills

Recreation

  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,627

Year Built

Built in 1984 | Remodeled

Lot Details

0

HOA Fees

$217 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Maintained, Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: The Gallery HOA
  • View: Yes
  • Zoning: A
  • Architectural Style: Cape Cod
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 107222025
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1254.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting, Stone Counters, Wired for Sound
  • Stories: 2
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 311.00
  • Room Type: All Bedrooms Up, Dressing Area, Kitchen, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Association, Community, Gunite, Heated, In Ground, Permits
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Exhaust Fan(s), Remodeled, Upgraded
  • Room Kitchen Features: Remodeled Kitchen, Stone Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Slab
  • View: Neighborhood, Park/Greenbelt
  • Fence: Yes
  • Fencing: Wood
  • Builder Name: Citation Homes
  • Patio And Porch Features: Brick, Concrete, Patio, Patio Open, Porch, Front Porch
  • Pool Features: Association, Gunite, Heated, Gas Heat, In Ground, Permits
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: Yes
  • Construction Materials: Drywall Walls, Frame, Stucco, Unknown

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Garage, Garage Faces Front, Garage - Single Door, Garage Door Opener, Guest, On Site, Unassigned
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Water Heater, Water Line to Refrigerator
  • Electric: Electricity - On Property, Standard
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Whole House Fan, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Maintenance Grounds, Management
  • Association Fee: 217.00
  • Association Fee Frequency: Monthly
  • Association Name: The Gallery HOA
  • Phone: 951-270-3700
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Foothills, Gutters, Sidewalks, Storm Drains, Street Lights
  • Association Management: SoCal Property Enterprises

Schools

  • School District: Corona-Norco Unified
  • Elementary School: Call District
  • Middle School: Call District
  • High School: Call District
  • Elementary School: Call District
  • High School: Call District
  • Middle Or Junior School: Call District
  • Elementary School #2: CALDIS
  • High School2: CALDIS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Corners Marked, Front Yard, Landscaped, Lawn, Park Nearby, Sprinklers In Front, Sprinklers On Side, Walkstreet, Yard
  • Lot Size Sq Ft: 1742.00
  • Lot Size Acres: 0.0400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1742.0000 Square Feet
  • Number Of Units In Community: 164
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 418.09
  • Tax Lot: 124
  • Tax Tract Number: 18464

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2020
Closed on
Jul 9, 2020
Sold by
Long Timothy R and Long Erin Marie
Bought by
Mungaray Jennifer
Seller's Agent
Kimberly Talbert
Compass
Buyer's Agent
Elise Timpe
Homequest Real Estate
List Price
$390,000
Sold Price
$390,000
Total Days on Market
8
Current Estimated Value
$574,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,492
Avg. Annual Appreciation
8.28%
Original Mortgage
$382,936
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 2013
Sold by
Gonzalez Yolanda and Hernandez Ernesto
Bought by
Long Timothy Ross and Long Erin Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,377
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 2006
Sold by
Lewis Donald E and Lewis Sherrie M
Bought by
Gonzalez Yolanda and Hernandez Ernesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
7.75%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 27, 2004
Sold by
Lewis Donald and Lewis Sherrie
Bought by
Lewis Donald E and Lewis Sherrie M

Purchase Details

Closed on
Sep 19, 2002
Sold by
Lewis Sherrie and Villarreal Sherrie
Bought by
Lewis Donald and Lewis Sherrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.86%

Purchase Details

Closed on
Mar 21, 1995
Sold by
Hud
Bought by
Villarreal Sherrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,325
Interest Rate
8.9%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 1994
Sold by
Americas Mtg Servicing Inc
Bought by
Hud

Purchase Details

Closed on
Dec 2, 1994
Sold by
Ward Randall C and Ward Kimberly A
Bought by
Americas Mtg Servicing Inc and First Family Mtg Corp Of Florida

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
Mungaray Jennifer $390,000 Fidelity Natl Ttl San Diego
Long Timothy Ross $200,000 Western Resources Title Co
Gonzalez Yolanda $390,000 Southland Title Inland Empir
Lewis Donald E -- --
Lewis Donald -- Fidelity National Title Ins
Villarreal Sherrie $96,500 First American Title Ins Co
Hud -- World Title
Americas Mtg Servicing Inc $95,405 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mungaray Jennifer $379,600
Closed Mungaray Jennifer $382,936
Previous Owner Long Timothy Ross $196,377
Previous Owner Gonzalez Yolanda $312,000
Previous Owner Lewis Donald $80,000
Previous Owner Villarreal Sherrie $95,000
Previous Owner Villarreal Sherrie $94,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Sold $390,000 0.0% $311 / Sq Ft
07/05/2020 07/05/20 Pending -- -- --
06/27/2020 06/27/20 For Sale $390,000 -- $311 / 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 $4,627 $405,756 $78,030 $327,726
2022 $4,481 $397,800 $76,500 $321,300
2021 $4,393 $390,000 $75,000 $315,000
2020 $2,549 $225,186 $67,554 $157,632
2019 $2,491 $220,772 $66,230 $154,542
2018 $2,435 $216,444 $64,932 $151,512
2017 $2,375 $212,201 $63,659 $148,542
2016 $2,352 $208,041 $62,411 $145,630
2015 $2,301 $204,919 $61,475 $143,444
2014 $2,218 $200,907 $60,272 $140,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG20125269

California Regional Multiple Listing Service (CRMLS)

APN: 107-222-025