NOT LISTED FOR SALE

Estimated Value: $839,000 - $1,037,694

3.58 Acres
$264,504 Price per Acre
155,945 Sq Ft Lot

Last Sold February 18, 2022

Last sale price $1,350,000 $632 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $5,666/month

15 Days on Market

Highlights

  • 3.58 Acre Lot
  • Mountain View
  • No HOA
  • Orange Elementary School Rated A-

About This Lot

As of February 2022

Developer’s dream project! Rare 2 parcels of flat lots totaling 3.58 acre or approximately 155,945 square feet for sale. Corona is a fast growing market with major national builders building homes here. Excellent location, just minutes off the I-15 freeway exit Foothill Parkway. Quiet neighborhood with easy access to freeway, shopping center, Starbucks, restaurants, and schools. Superior location than most new home sites. 2 lots must be purchased together. APN 279-090-016 is 1.82 AC or 79,279 SF. APN 279-090-018 is 1.76 AC or 76,666 SF. It has a 2,351 single family house is ready to move-in or can easily receive rental income. The house was previously leased with income $3,200 per month. Great income potential while working on the plans. According to Riverside County Planning, the lot can be subdivided into 20,000 SF per lot with one primary house and one secondary house allowed. Total 8 lots is possible. Please verify with planning department and do your own due diligence. Lowest price per square foot available on market. Rare find and will not last. Priced to sell very quickly.

Last Agent to Sell the Property

Ricky Lee

Ricky&Jessie Realty License #01932116 Listed on: 01/31/2022

Ricky&Jessie Realty

Co-Listed By

Yuan Le

Ricky&Jessie Realty License #01947274

Last Buyer's Agent

Blake Cory

eXp Realty of California, Inc. License #01781649

eXp Realty of California, Inc.

Property Details

Property Type

  • Land

Lot Details

  • 3.58 Acre Lot
  • Density is 2-5 Units/Acre
  • 279090018
  • Property is zoned R-A-20000

Property Views

  • Mountain
  • Neighborhood

Location

  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 279090016
  • $562 per year additional tax assessments

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: R-A-20000
  • Property Type: Land
  • Parcel Number: 279090016
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 8.66

Exterior Features

  • View: Mountain(s), Neighborhood

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 279090018
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 155945.00
  • Lot Size Acres: 3.5800

Multi Family

  • Lot Size Area: 155945.0000 Square Feet

Tax Info

  • Tax Census Tract: 419.09
  • Tax Lot: 3
  • TaxOtherAnnualAssessmentAmount: 562.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2017
Closed on
Aug 13, 2018
Sold by
Ruby Sandra and Piscitelli Antonette
Bought by
Pan Aoqing
Seller's Agent
Ed Garland
Century 21 Garland
Buyer's Agent
Sue Zhang
Pinnacle Real Estate Group
List Price
$1,499,000
Sold Price
$650,000
Premium/Discount to List
-$849,000
-56.64%
Current Estimated Value
$928,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,400
Avg. Annual Appreciation
5.24%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pan Aoqing $1,050,000 Equity Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/18/2022 02/18/22 Sold $1,350,000 +8.0% $632 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $1,250,000 +92.3% $585 / Sq Ft
09/07/2018 09/07/18 Sold $650,000 -1.4% $304 / Sq Ft View Prior Sale
07/16/2018 07/16/18 Price Changed $659,000 -4.2% $309 / Sq Ft
06/11/2018 06/11/18 Price Changed $688,000 -47.1% $322 / Sq Ft
04/28/2018 04/28/18 Price Changed $1,300,000 -13.3% $609 / Sq Ft
05/31/2017 05/31/17 For Sale $1,499,000 0.0% $702 / Sq Ft
07/15/2016 07/15/16 Rented $1,995 0.0% --
05/31/2016 05/31/16 Price Changed $1,995 -2.7% $1 / Sq Ft
05/19/2016 05/19/16 Price Changed $2,050 -6.8% $1 / Sq Ft
03/11/2016 03/11/16 For Rent $2,200 -- --
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 $9,729 $891,414 $482,849 $408,565
2023 $9,595 $856,800 $464,100 $392,700
2022 $7,669 $683,264 $367,911 $315,353
2021 $7,517 $669,868 $360,698 $309,170
2020 $7,963 $663,000 $357,000 $306,000
2019 $7,483 $650,000 $350,000 $300,000
2018 $797 $76,368 $12,460 $63,908
2017 $776 $74,871 $12,216 $62,655
2016 $767 $73,404 $11,977 $61,427
2015 $750 $72,304 $11,799 $60,505
2014 $721 $70,890 $11,569 $59,321
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR22013968

California Regional Multiple Listing Service (CRMLS)

APN: 279-090-018