NOT LISTED FOR SALE

2439 Corona Ave Norco, CA 92860

Estimated Value: $807,864 - $955,000

5 Beds
3 Baths
2,135 Sq Ft
$414/Sq Ft Est. Value

Last Sold January 09, 2015

Last sale price $440,000 $206 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $5,172/month

29 Days on Market

Highlights

  • No HOA
  • Horse Trails
  • Central Air

About This Home

As of January 2015

This is a great duplex in a nice quiet neighborhood. Both homes are separated from one another and each have their own entrance, you will not even know it is a duplex. One home has been completely remodeled with new granite counter tops, new paint and new floors. Living room features a beautiful brick fire place. One of the homes has a central AC. The roof is only 5 years old. There is also a horse trail near the property and the property features a hill/mountain view and the property is zoned for horses.

Last Agent to Sell the Property

Fayez Henein

Greenleaf Realty License #00897642 Listed on: 11/23/2014

Last Buyer's Agent

Shannon Chudzicki

Shannon Chudzicki, Broker License #01279352

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 0.55 Acre Lot
  • No Common Walls

Parking

  • 2 Car Garage

Interior Spaces

  • 2,135 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 2
  • Assessor Parcel Number 125070006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Horse Trails

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Water Sewer Expense $1,800
  • New Taxes Expense $5,700
  • Gross Income $2,695
  • Net Operating Income $23,340

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 125070006
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 206.09

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails

Lot Info

  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 23958.00
  • Lot Size Acres: 0.5500

Multi Family

  • Gross Income: 2695.00
  • Gross Scheduled Income: 32340.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 23958.0000 Square Feet
  • Net Operating Income: 23340.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 9000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5700.00
  • Taxes Percent: 1.25
  • Tax Lot: 1
  • Tax Tract Number: 2
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2023
Sold by
Cumming Deborah Lynn
Bought by
Deborah Cumming Living Trust
Current Estimated Value
$883,966

Purchase Details

Closed on
Nov 25, 2020
Sold by
Cross Rene Marie and Cumming Deborah L
Bought by
Cumming Deborah Lynn

Purchase Details

Listed on
Nov 23, 2014
Closed on
Dec 17, 2014
Sold by
Grunebach Joseph and Grunebach Georgann S
Bought by
Cumming Deborah L and Cross Rene
Seller's Agent
Fayez Henein
Greenleaf Realty
Buyer's Agent
Shannon Chudzicki
Shannon Chudzicki, Broker
List Price
$459,000
Sold Price
$440,000
Premium/Discount to List
-$19,000
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
Original Mortgage
$330,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2003
Sold by
Olive Noble Trust
Bought by
Grunebach Joseph and Grunebach Georgann S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 1999
Sold by
Noble Olive
Bought by
Noble Olive and The Olive Noble Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,629
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 1997
Sold by
Noble Olive
Bought by
Noble Olive and The Olive Noble Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deborah Cumming Living Trust -- None Listed On Document
Cumming Deborah Lynn -- None Available
Cumming Deborah L $440,000 Fidelity National Title Co
Grunebach Joseph $320,000 Stewart Title Company
Noble Olive -- First American Title Ins Co
Noble Olive -- First American Title Ins Co
Noble Olive -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cumming Deborah L $330,000
Previous Owner Grunebach Joseph $288,000
Previous Owner Noble Olive $87,629
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2015 01/09/15 Sold $440,000 -4.1% $206 / Sq Ft
12/22/2014 12/22/14 Pending -- -- --
11/23/2014 11/23/14 For Sale $459,000 -- $215 / 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 $5,776 $528,804 $168,252 $360,552
2023 $5,776 $508,271 $161,719 $346,552
2022 $5,593 $498,306 $158,549 $339,757
2021 $5,482 $488,537 $155,441 $333,096
2020 $5,421 $483,529 $153,848 $329,681
2019 $5,295 $474,049 $150,832 $323,217
2018 $5,174 $464,755 $147,876 $316,879
2017 $5,045 $455,643 $144,977 $310,666
2016 $4,996 $446,710 $142,135 $304,575
2015 $4,219 $378,546 $88,718 $289,828
2014 $4,063 $371,132 $86,981 $284,151
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14247744

California Regional Multiple Listing Service (CRMLS)

APN: 125-070-006