NOT LISTED FOR SALE

Estimated Value: $658,000 - $724,000

3 Beds
2 Baths
1,200 Sq Ft
$581/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $399,000 $332 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,225/month

67 Days on Market

Highlights

  • Guest House
  • All Bedrooms Downstairs
  • Wooded Lot
  • Citrus Hills Intermediate School Rated A-
  • 20,038 Sq Ft lot
  • Corner Lot

About This Home

As of November 2016

An ideal property for an investor, developer, or even a first-time home buyer. Lots of potential upside. Secluded 1/2-acre located in a prime south Corona location, close to CA Distinguished schools and shopping with quick and easy freeway access, just minutes to Orange County. Almost 1/2 acre, currently zoned R-1, possible lot split, providing an additional opportunity to cash in on this great property. Main house is 2 bed, 1 bath. Separate guest house is 1 bed 1 bath with its own entrance. Large eat-in kitchen with breakfast nook, large living room with fireplace, cozy master, many custom built-ins, and two screened-in patios. Being sold fully furnished and move-in ready. Rent main house and guest house to cover your mortgage. Split the lot for an additional rental or to develop a nice home to live in or to sale. Lots of great possibilities! Great investment opportunity!

Last Agent to Sell the Property

Mark Adams

eXp Realty of Greater Los Angeles License #01946828 Listed on: 08/12/2016

eXp Realty of Greater Los Angeles

Last Buyer's Agent

Candi Choumas

Re/Max Partners License #01177993

Re/Max Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,142

Year Built

  • Built in 1944

Lot Details

  • 0.46 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Sprinkler System
  • Wooded Lot

Home Design

  • Ranch Style House
  • Slab Foundation
  • Interior Block Wall
  • Composition Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Furnished
  • Living Room with Fireplace
  • Workshop

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Microwave
  • Freezer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Detached Carport Spaces
  • Parking Available

Outdoor Features

  • Brick Porch or Patio
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Conventional Septic
  • TV Antenna

Additional Features

  • Electronic Air Cleaner
  • Guest House
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 302
  • Tax Tract Number 418
  • Assessor Parcel Number 113140001

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,142

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: Washer & dryer, kitchen appliances, refrigerator, freezer, microwave, and all furniture.
  • Property Attached: No
  • View: No
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 113140001
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1200.00 Square Feet
  • Interior Amenities: Block Walls, Electronic Air Cleaner, Furnished
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 332.50
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Workshop

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Guest House, Shed(s), Workshop
  • Exterior Features: Lighting, TV Antenna
  • Fence: Yes
  • Fencing: Partial
  • Patio And Porch Features: Brick, Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Block

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Freezer, Microwave, Refrigerator
  • Heating Type: Wall Furnace, Fireplace(s)
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Corona-Norco Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 20000-39999 Sqft, Sprinkler System, Treed Lot
  • Lot Size Sq Ft: 20038.00
  • Price Per Lot Square Foot: 19.91

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 302
  • Tax Tract Number: 418.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2016
Closed on
Oct 5, 2016
Sold by
Sisemore Pamela
Bought by
Patel Kiran R and Patel Swatiben
Seller's Agent
Mark Adams
eXp Realty of Greater Los Angeles
Buyer's Agent
Candi Choumas
Re/Max Partners
List Price
$440,000
Sold Price
$399,000
Premium/Discount to List
-$41,000
-9.32%
Current Estimated Value
$696,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,725
Avg. Annual Appreciation
6.55%
Original Mortgage
$220,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1999
Sold by
Gordon Chester L and Gordon Frances L
Bought by
Chester L & Frances L Gordon Trust
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
Patel Kiran R $399,000 Western Resources Title Co
Chester L & Frances L Gordon Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Kiran R $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2016 11/18/16 Sold $399,000 0.0% $333 / Sq Ft
08/29/2016 08/29/16 Price Changed $399,000 -9.3% $333 / Sq Ft
08/12/2016 08/12/16 For Sale $440,000 +10.3% $367 / Sq Ft
08/01/2016 08/01/16 Off Market $399,000 -- --
07/28/2016 07/28/16 For Sale $440,000 -- $367 / 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 $5,142 $463,066 $323,802 $139,264
2023 $5,142 $445,086 $311,229 $133,857
2022 $4,981 $436,360 $305,127 $131,233
2021 $4,883 $427,805 $299,145 $128,660
2020 $4,830 $423,419 $296,078 $127,341
2019 $4,720 $415,118 $290,273 $124,845
2018 $4,605 $406,980 $284,580 $122,400
2017 $4,493 $399,000 $279,000 $120,000
2016 $485 $42,301 $22,660 $19,641
2015 $476 $41,668 $22,321 $19,347
2014 $461 $40,854 $21,885 $18,969
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16168152

California Regional Multiple Listing Service (CRMLS)

APN: 113-140-001