NOT LISTED FOR SALE

2262 Morgan Dr Norco, CA 92860

Norco Area

Estimated Value: $1,132,000 - $1,496,000

1 Bed
1 Bath
1,000 Sq Ft
$1,399/Sq Ft Est. Value

Sale Details

Date Sold: June 7, 2022

Last sale price $1,220,000 $1,220 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,800 / mo

Highlights

  • Horse Property
  • Open Floorplan
  • Main Floor Primary Bedroom
  • Highland Elementary Rated A-
  • Property is near park
  • 4-minute walk to Kips Korner Park

About This Home

As of March 2024

This stunning 1 bedroom, 1 bathroom attached ADU is located in the highly sought Norco neighborhood of Pepperwood Ranch. The property features a luxurious walk-in shower, a fully equipped kitchen, fireplace, elegant tile floors, and ceiling fans to keep you cool and comfortable throughout the year. With an open floor plan and recessed lighting, the living space is both spacious and inviting, offering ample natural light making it bright and airy. For your convenience, the ADU also includes a PRIVATE indoor laundry room with washer/dryer, making it perfect for individuals looking for a practical living space. Utilities are $295.00 per month which includes electricity, gas, water, landscaper, pest control and water softener. Wifi is not included. The property boasts a separate entrance, ensuring complete privacy. For animal lovers, a small pet will be considered with a separate deposit of $400. If you have a horse, you may keep it on the property for an additional $400 per month. The area is surrounded by beautiful horse trails and is within walking distance to Pacer Park, making it ideal for those who love outdoor activities. Rentals are a rare find in this prestigious neighborhood, so don't miss out on this unique opportunity to make this beautiful property your own. Schedule a viewing today to experience the comfort and convenience of this luxurious ADU in Norco!

Last Agent to Rent the Property

Joy Olea

First Team Real Estate License #02106259 Listed on: 12/26/2023

First Team Real Estate

Last Renter's Agent

Joy Olea

First Team Real Estate License #02106259 Listed on: 12/26/2023

First Team Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 30,928 Sq Ft Lot
  • Vinyl Fence
  • Block Wall Fence
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • Patio Home
  • Entry on the 1st floor
  • Slab Foundation
  • Fire Rated Drywall
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Double Door Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Tile Flooring

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Driveway
  • Unpaved Parking
  • On-Street Parking

Outdoor Features

  • Horse Property
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

  • Property is near park

Schools

  • Highland Elementary School
  • Norco Middle School
  • Norco High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Water Softener
  • Satellite Dish

Listing and Financial Details

  • Security Deposit $2,295
  • 12-Month Minimum Lease Term
  • Available 12/26/23
  • Tax Lot 74
  • Tax Tract Number 22497
  • Assessor Parcel Number 129345013

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Horse Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0.71 Acres

Rental Info

  • Cashiers Check: 1ST Month Rent, Last Month Rent
  • Available Date: 2023-12-26
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 200
  • Deposit Other: 400
  • Deposit Pets: 400
  • Deposit Security: 2295
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call
  • Total Move In Costs: 4790.00

Listing Details

  • Structure Type: House
  • Inclusions: refrigerator, washer, dryer
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Pepperwood Ranch
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 129345013
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1000.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Double Door Entry
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.30
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Primary Bedroom, Primary Bathroom, Walk-In Closet
  • Window Features: Blinds, Double Pane Windows
  • Bathroom Features: Shower, Exhaust Fan(s), Granite Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private, Lighting, Satellite Dish
  • Fence: Yes
  • Fencing: Block, Vinyl
  • Patio And Porch Features: Covered, Patio, Rear Porch, Slab
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Parking Features: Driveway, Unpaved, Street
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Softener
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Gutters, Horse Trails, Park, Storm Drains, Street Lights

Schools

  • Elementary School: Highland
  • High School: Norco
  • Middle Or Junior School: Norco
  • Elementary School #2: HIGHLA
  • High School2: NORCO

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Horse Property, Landscaped, Lawn, Level with Street, Park Nearby, Patio Home, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 30928.00
  • Lot Size Acres: 0.7100

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 30928.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 466.02
  • Tax Lot: 74
  • Tax Tract Number: 22497

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
May 12, 2022
Sold by
Bought by
Seller's Agent
Matt Kanoudi
The L3
Buyer's Agent
Mike Cross
Mike Cross Realtors, Inc.
List Price
$1,299,000
Sold Price
$1,220,000
Premium/Discount to List
-$79,000
-6.08%
Current Estimated Value
$1,399,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,104
Avg. Annual Appreciation
3.36%
Original Mortgage
$880,000
Interest Rate
0.0511%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
0.0627%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 25, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
0.0575%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,220,000 None Listed On Document
-- Ticor Title Company Fullerto
$500,000 First American Title Co
-- First American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $880,000
Previous Owner $189,500
Previous Owner $74,000
Previous Owner $511,700
Previous Owner $400,000
Previous Owner $330,000
Previous Owner $70,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2024 03/04/24 Rented $2,295 0.0% --
02/13/2024 02/13/24 Under Contract -- -- --
01/06/2024 01/06/24 Price Changed $2,295 -8.2% $2 / Sq Ft
12/26/2023 12/26/23 For Rent $2,500 -3.6% --
06/26/2023 06/26/23 Rented $2,594 +13.0% --
06/20/2023 06/20/23 For Rent $2,295 0.0% --
06/19/2023 06/19/23 Off Market $2,295 -- --
05/14/2023 05/14/23 Price Changed $2,295 -0.2% $2 / Sq Ft
04/28/2023 04/28/23 Price Changed $2,299 -6.2% $2 / Sq Ft
03/29/2023 03/29/23 Price Changed $2,450 -12.5% $2 / Sq Ft
03/14/2023 03/14/23 For Rent $2,800 0.0% --
06/07/2022 06/07/22 Sold $1,220,000 +1.8% $307 / Sq Ft View Prior Sale
05/05/2022 05/05/22 Pending -- -- --
05/03/2022 05/03/22 Price Changed $1,199,000 -7.7% $302 / Sq Ft
04/14/2022 04/14/22 For Sale $1,299,000 0.0% $327 / Sq Ft
09/16/2019 09/16/19 Rented $3,900 0.0% --
08/17/2019 08/17/19 Off Market $3,900 -- --
08/01/2019 08/01/19 For Rent $3,900 0.0% --
09/30/2015 09/30/15 Rented $3,900 0.0% --
09/16/2015 09/16/15 For Rent $3,900 0.0% --
03/27/2013 03/27/13 Rented $3,900 0.0% --
03/27/2013 03/27/13 Under Contract -- -- --
02/11/2013 02/11/13 For Rent $3,900 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,106 $1,294,673 $159,181 $1,135,492
2023 $14,106 $1,244,400 $153,000 $1,091,400
2022 $9,294 $836,484 $113,869 $722,615
2021 $9,108 $820,084 $111,637 $708,447
2020 $9,006 $811,676 $110,493 $701,183
2019 $8,795 $795,762 $108,327 $687,435
2018 $8,593 $780,159 $106,204 $673,955
2017 $7,917 $723,000 $98,000 $625,000
2016 $7,840 $709,000 $97,000 $612,000
2015 $7,784 $709,000 $97,000 $612,000
2014 $6,014 $559,000 $76,000 $483,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23229248

California Regional Multiple Listing Service (CRMLS)

APN: 129-345-013

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