NOT LISTED FOR SALE

1972 Paddock Ln Norco, CA 92860

Estimated Value: $929,165 - $1,078,000

4 Beds
2 Baths
2,178 Sq Ft
$463/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $499,900 $230 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $5,864/month

3 Days on Market

Highlights

  • Horse Property
  • All Bedrooms Downstairs
  • Cul-De-Sac
  • In Ground Pool
  • No HOA
  • 2 Car Attached Garage

About This Home

As of May 2016

Located on a quiet cul-de-sac and set on over half of an acre, this ranch style property truly has it all! Upon entering the home, you will appreciate the open floor plan and spacious feel. The entryway offers the option of stepping into the formal living room or entering the cozy family room, which boasts a brick wood burning fire place as well wood beamed ceilings that lend to the comfy country feel. The eat-in kitchen is plentiful in counter-space and storage. Down the hall you will find three oversized bedrooms, a full bathroom, and the master suite complete with his and her closets and a private bathroom. The outside of the property is completely fenced and offers a large pool, basketball court, and gazebo studded with bulb lights; it is the perfect setting for upcoming summer entertainment! Located at the back of the property is a charming two-stall barn complete with tack room and plenty of space for horses. This home is priced to sell and move-in ready!

Last Agent to Sell the Property

Domika Mejia

CAL PACIFIC PROPERTIES License #01203653 Listed on: 03/31/2016

Last Buyer's Agent

Arthur Forrest

Homequest Real Estate License #01972409

Homequest Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,461

Year Built

  • Built in 1970

Lot Details

  • 0.61 Acre Lot
  • Cul-De-Sac
  • Back and Front Yard

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,178 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Horse Property

Utilities

  • Central Air
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 466
  • Assessor Parcel Number 126060015

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,461

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 126060015
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2178.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 229.52
  • Room Type: All Bedrooms Down, Living Room, Master Bedroom

Exterior Features

  • Pool Features: In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails

Schools

  • School District: Corona-Norco Unified

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Horse Property, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 26572.00
  • Price Per Lot Square Foot: 18.81

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 466.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2016
Closed on
May 6, 2016
Sold by
Gibson Ronald L and Gibson Julie Lee
Bought by
Armenta Martinez Noemi
Seller's Agent
Domika Mejia
CAL PACIFIC PROPERTIES
Buyer's Agent
Arthur Forrest
Homequest Real Estate
List Price
$499,000
Sold Price
$499,900
Premium/Discount to List
$900
0.18%
Current Estimated Value
$1,007,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$507,641
Avg. Annual Appreciation
7.72%
Original Mortgage
$489,477
Outstanding Balance
$388,767
Interest Rate
3.59%
Mortgage Type
VA
Estimated Equity
$618,774

Purchase Details

Listed on
Mar 31, 2016
Closed on
May 4, 2016
Sold by
Martinez Antonio
Bought by
Armenta Martinez Noemi
Seller's Agent
Domika Mejia
CAL PACIFIC PROPERTIES
Buyer's Agent
Arthur Forrest
Homequest Real Estate
List Price
$499,000
Sold Price
$499,900
Premium/Discount to List
$900
0.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,477
Outstanding Balance
$388,767
Interest Rate
3.59%
Mortgage Type
VA
Estimated Equity
$618,774

Purchase Details

Closed on
Mar 14, 2002
Sold by
Parcel E Juanita
Bought by
Gibson Ronald L and Gibson Julie Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
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
Armenta Martinez Noemi $500,000 Ticor Title
Armenta Martinez Noemi -- Ticor Title
Gibson Ronald L $355,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armenta Martinez Noemi $489,477
Previous Owner Gibson Ronald L $284,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2016 05/20/16 Sold $499,900 0.0% $230 / Sq Ft
04/03/2016 04/03/16 Pending -- -- --
04/01/2016 04/01/16 Price Changed $499,900 +0.2% $230 / Sq Ft
03/31/2016 03/31/16 For Sale $499,000 -- $229 / 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 $6,461 $591,774 $147,972 $443,802
2023 $6,461 $568,796 $142,227 $426,569
2022 $6,256 $557,644 $139,439 $418,205
2021 $6,132 $546,710 $136,705 $410,005
2020 $6,064 $541,105 $135,304 $405,801
2019 $5,923 $530,496 $132,651 $397,845
2018 $5,788 $520,095 $130,050 $390,045
2017 $5,644 $509,898 $127,500 $382,398
2016 $4,955 $443,000 $99,827 $343,173
2015 $4,846 $436,348 $98,329 $338,019
2014 $4,665 $427,802 $96,403 $331,399
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16067893

California Regional Multiple Listing Service (CRMLS)

APN: 126-060-015