NOT LISTED FOR SALE
10 Beds
6 Baths
4,600 Sq Ft
0.35 Acres

Last Sold November 01, 2014

Last sale price $785,000 $171 Per Sq Ft

41 Days on Market

Highlights

  • 0.35 Acre Lot
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of November 2014

Well-maintained by Original Owner Covington Village 4-Plex in Corona. 2-3 Bedrooms with 2.5 Baths and 2-Bedrooms with 1.5 Baths. Each unit includes a 2 car garage with direct access to the unit. The garages have washer-dryer hookups and each unit has it's own water heater. Each unit has it's own electric and gas meters. Near Promenade Park, schools, shopping, restaurants and freeways (91 and 15).

Last Agent to Sell the Property

Bill Velto

BERKSHIRE HATH HM SVCS CA PROP License #01121054 Listed on: 08/18/2014

BERKSHIRE HATH HM SVCS CA PROP

Last Buyer's Agent

Richard Bell

Bell Realty Group License #01344469

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 0.35 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

HOA Fees

  • $361 Monthly HOA Fees

Parking

  • 8 Car Garage

Home Design

  • 4,600 Sq Ft Home

Kitchen

  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Laundry

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

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 10
  • Tax Tract Number 21980
  • Assessor Parcel Number 172040010

Community Details

Overview

  • 4 Units
  • Covington Village HOA

Building Details

  • 2 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $480
  • Insurance Expense $1,104
  • Trash Expense $1,440
  • Water Sewer Expense $4,200
  • New Taxes Expense $9,300
  • Gross Income $6,200
  • Net Operating Income $41,496

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0.35 Acres

HOA Fees

$361 per month

Parking

8

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 4200.00
  • Property Type: Residential Income
  • Parcel Number: 172040010
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 170.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Trash Expense: 1440.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association Fee: 361.00
  • Association Fee Frequency: Monthly
  • Association Name: Covington Village HOA
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 15382.00
  • Lot Size Acres: 0.3530

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 480.00
  • Gross Income: 6200.00
  • Gross Scheduled Income: 62400.00
  • Insurance Expense: 1104.00
  • Lot Size Area: 15382.0000 Square Feet
  • Net Operating Income: 41496.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 16980.00
  • Rent Control: No
  • Total Actual Rent: 5200.00

Tax Info

  • New Taxes Expense: 9300.00
  • Tax Lot: 10
  • Tax Rate: 1.20
  • Tax Tract Number: 21980
  • Tax Year: 2013
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2014 11/01/14 Sold $785,000 +1.3% $171 / Sq Ft
09/28/2014 09/28/14 Pending -- -- --
08/18/2014 08/18/14 For Sale $775,000 -- $168 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,255 $921,807 $180,271 $741,536
2023 $11,255 $886,015 $173,272 $712,743
2022 $10,386 $868,643 $169,875 $698,768
2021 $10,172 $851,612 $166,545 $685,067
2020 $10,008 $842,881 $164,838 $678,043
2019 $9,879 $826,355 $161,606 $664,749
2018 $9,740 $810,153 $158,438 $651,715
2017 $9,560 $794,269 $155,332 $638,937
2016 $9,306 $778,696 $152,287 $626,409
2015 $9,177 $767,000 $150,000 $617,000
2014 $6,333 $515,757 $137,896 $377,861
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14177488

California Regional Multiple Listing Service (CRMLS)

APN: 172-040-010

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