NOT LISTED FOR SALE

2425 Kips Korner Rd Norco, CA 92860

Estimated Value: $857,179 - $1,000,000

4 Beds
2 Baths
1,909 Sq Ft
$491/Sq Ft Est. Value

Last Sold February 21, 2012

Last sale price $300,000 $157 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $5,297/month

8 Days on Market

Highlights

  • Community Stables
  • Horse Property Unimproved
  • Primary Bedroom Suite
  • Horse Property
  • RV Access or Parking
  • 1-minute walk to Kips Korner Park

About This Home

As of February 2012

Charming single story ranch home in rural Norco near the Norco Bluffs. Backyard is fully usable and terraced with fruit trees, garden area, and plenty of room for horse stalls. This home has an extended driveway and a fenced in riding area. Direct access to horse trails and only a few homes away from the park! This home features all new dual glazed windows, sliding doors, and new exterior paint. The living room has vaulted ceilings. The spacious family room features a fireplace and new hardwood flooring. There is new tile in the entry and baths and hardwood flooring in halls. This is a rare opprotunity to own a home in Norco at this price.

Last Agent to Sell the Property

Kathleen Palmer

Walsh Residential Properties License #00828369 Listed on: 09/22/2011

Last Buyer's Agent

Jose Rodriguez

Bailey Homes & Investments License #01747319

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,123

Year Built

  • Built in 1977

Lot Details

  • 0.49 Acre Lot
  • Rural Setting
  • Chain Link Fence
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Front and Back Yard Sprinklers
  • Garden
  • Back and Front Yard
  • Property is zoned A120

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway
  • RV Access or Parking

Home Design

  • Ranch Style House
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,909 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Double Pane Windows
  • Shutters
  • Blinds
  • Sliding Doors
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Views of Hills

Kitchen

  • Country Kitchen
  • Cooktop
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Mirrored Closets Doors
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Horse Property
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer Paid

Additional Features

  • Energy-Efficient Windows
  • Horse Property Unimproved

Listing and Financial Details

  • Legal Lot and Block 11 / 1
  • Tax Tract Number 71870
  • Assessor Parcel Number 121303004

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Stables
  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,123

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: A120
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 121303004
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1909.00
  • Interior Amenities: Built-in Features, Ceramic Counters, Ceiling Fan(s), Crown Molding, Tile Counters
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Country Kitchen, Family Kitchen
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 157.15
  • Room Type: All Bedrooms Down, Entry, Family Room, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite
  • Window Features: Blinds, Double Pane Windows, Shutters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Hills
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Covered, Concrete
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Garage Faces Front, Garage, RV Access/Parking, Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free Standing, Disposal, Gas Water Heater, Range, Cooktop
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails, Stable(s), Rural

Schools

  • School District: Corona-Norco Unified

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Back Yard, Front Yard, Garden, Horse Property, Horse Property Unimproved, Rectangular Lot, Level with Street, Lot 20000-39999 Sqft, Paved, Ranch, Sprinklers In Front, Sprinklers In Rear, Sprinkler System
  • Lot Size Sq Ft: 21344.00
  • Lot Size Acres: 0.4900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21344.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1
  • Tax Lot: 11
  • Tax Tract Number: 71870

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2014
Sold by
Alvarado Luis and Mendez Maria Guadalupe
Bought by
Alvarado Luis and Mendez Maria G
Current Estimated Value
$937,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Outstanding Balance
$153,072
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$783,973

Purchase Details

Closed on
Dec 13, 2011
Sold by
Turley Jonathan
Bought by
Alvarado Luis and Mendez Maria Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,395
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 9, 2006
Sold by
Avalos Lizzet
Bought by
Turley Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2005
Sold by
Avalos Daniel and Avalos Lizzet
Bought by
Avalos Lizzet

Purchase Details

Closed on
Mar 17, 2005
Sold by
Gibson Loyd W and Gibson Leona L
Bought by
Avalos Daniel and Avalos Lizzet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,400
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2002
Sold by
Gibson Loyd W and Gibson Leona L
Bought by
Gibson Loyd W and Gibson Leona L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
7.13%

Purchase Details

Closed on
Sep 22, 1998
Sold by
Swearingen Cora L
Bought by
Gibson Loyd and Gibson Leona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,777
Interest Rate
6.42%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Alvarado Luis -- Usa National Title
Alvarado Luis $300,000 Advantage Title Company
Turley Jonathan -- Advantage Title Inc
Turley Jonathan $515,000 First American Title Company
Avalos Lizzet -- --
Avalos Daniel $508,000 First American Title Company
Gibson Loyd W -- American Title Co
Gibson Loyd $160,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarado Luis $282,000
Previous Owner Alvarado Luis $292,395
Previous Owner Turley Jonathan $412,000
Previous Owner Avalos Daniel $406,400
Previous Owner Gibson Loyd W $181,000
Previous Owner Gibson Loyd $155,777
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2012 02/21/12 Sold $300,000 -11.7% $157 / Sq Ft
09/30/2011 09/30/11 Pending -- -- --
09/22/2011 09/22/11 For Sale $339,900 -- $178 / 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 $4,123 $376,800 $188,400 $188,400
2023 $4,123 $362,170 $181,085 $181,085
2022 $3,992 $355,070 $177,535 $177,535
2021 $3,913 $348,108 $174,054 $174,054
2020 $3,869 $344,540 $172,270 $172,270
2019 $3,780 $337,786 $168,893 $168,893
2018 $3,693 $331,164 $165,582 $165,582
2017 $3,601 $324,672 $162,336 $162,336
2016 $3,565 $318,306 $159,153 $159,153
2015 $3,487 $313,526 $156,763 $156,763
2014 $3,358 $307,388 $153,694 $153,694
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I11125885

California Regional Multiple Listing Service (CRMLS)

APN: 121-303-004