$640,000
SOLD DEC 10, 2024

3091 Kips Korner Rd Norco, CA 92860

4 Beds
2 Baths
2,001 Sq Ft
0.47 Acres

Recently Sold

$320 Per Sq Ft

8% Below List Price

70 Days on Market

Highlights

  • Horse Property
  • Horse Property Unimproved
  • Main Floor Primary Bedroom
  • Highland Elementary Rated A-
  • Bluff View
  • Lawn

About This Home

As of May 2025

Subject to Cancellation of current Escrow. Welcome to a fantastic opportunity in Norco "Horse Town USA". This single-owner home, situated on nearly half an acre, offers great potential for buyers ready to create their dream space. With 4 bedrooms, 1 office/bedroom, and 2 bathrooms, this property features a newer A/C unit, water heater, and kitchen cabinetry, setting the stage for a modern upgrade. The layout provides ample room for a growing family, and the large backyard offers plenty of space for outdoor living, horses, mini farm/ranch or entertaining. Equestrian enthusiasts will appreciate the proximity to nearby horse trails and the potential for stables or other outdoor amenities. This charming home needs TLC and is perfect for those looking to invest in a property with strong potential for sweat equity. Close to shopping, schools, parks, and easy freeway access, this is an opportunity not to be missed. Take advantage of this rare find and bring your vision to life! No Wholesellers!

Last Agent to Sell the Property

James Ball

Elevate Real Estate Agency Brokerage Phone: 951-454-9385 License #01977372 Listed on: 09/24/2024

Elevate Real Estate Agency

Last Buyer's Agent

Craig Hilbun

Hiltop Realty License #01872559

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $981

Year Built

  • Built in 1964

Lot Details

  • 0.47 Acre Lot
  • Rural Setting
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned A120M

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Bluff
  • Hills
  • Neighborhood

Interior Spaces

  • 2,001 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room
  • Living Room
  • Dining Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Horse Property

Horse Facilities and Amenities

  • Horse Property Unimproved
  • Horse Property Improved

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 2929
  • Assessor Parcel Number 129161003
  • $25 per year additional tax assessments

Community Details

Overview

  • Jr Spread Homeowners Assoc Association, Phone Number (310) 386-8844

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$981

Year Built

Built in 1964

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: A120M
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 129161003
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2001.00 Square Feet
  • Stories: 2
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Dining Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 319.84
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom

Exterior Features

  • View: Bluff, Hills, Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 200.00
  • Association Fee Frequency: Annually
  • Association Name: JR Spread Homeowners Assoc
  • Phone: 3103868844
  • Senior Community: No
  • Community Features: Horse Trails, Rural
  • Association Management: JR Spread Homeowners Assoc

Schools

  • School District: Corona-Norco Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Horse Property, Horse Property Improved, Horse Property Unimproved, Lawn
  • Lot Size Sq Ft: 20473.00
  • Lot Size Acres: 0.4700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20473.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 466.02
  • Tax Lot: 3
  • Tax Tract Number: 2929
  • TaxOtherAnnualAssessmentAmount: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2025
Closed on
Apr 22, 2025
Sold by
Wh4 Llc
Bought by
Warren Christopher and Pinedo Stephanie
Seller's Agent
Marcie Campbell
Gold Real Estate
Buyer's Agent
Jade Larney
Anvil Real Estate
List Price
$899,000
Sold Price
$940,000
Premium/Discount to List
$41,000
4.56%
Views
77

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-27.34%
Original Mortgage
$806,000
Outstanding Balance
$806,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$87,179

Purchase Details

Listed on
Apr 3, 2025
Closed on
Apr 17, 2025
Sold by
Warren Jennifer
Bought by
Warren Christopher
Seller's Agent
Marcie Campbell
Gold Real Estate
Buyer's Agent
Jade Larney
Anvil Real Estate
List Price
$899,000
Sold Price
$940,000
Premium/Discount to List
$41,000
4.56%
Views
77

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$806,000
Outstanding Balance
$806,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$87,179

Purchase Details

Listed on
Sep 24, 2024
Closed on
Nov 25, 2024
Sold by
Wallingford Virginia and Wallingford Joshua R
Bought by
Wh4 Llc
Seller's Agent
James Ball
Elevate Real Estate Agency
Buyer's Agent
Craig Hilbun
Hiltop Realty
List Price
$699,000
Sold Price
$640,000
Premium/Discount to List
-$59,000
-8.44%
Views
149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
161.44%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $940,000 Ticor Title
Grant Deed -- Ticor Title
Grant Deed $640,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $806,000 New Conventional
Previous Owner $320,000 Adjustable Rate Mortgage/ARM
Previous Owner $35,000 Credit Line Revolving
Previous Owner $270,000 New Conventional
Previous Owner $220,000 Negative Amortization
Previous Owner $160,000 Unknown
Previous Owner $40,000 Credit Line Revolving
Previous Owner $115,499 Unknown
Previous Owner $115,000 Unknown
Previous Owner $96,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2025 05/06/25 Sold $940,000 +4.6% $470 / Sq Ft
04/03/2025 04/03/25 For Sale $899,000 +40.5% $449 / Sq Ft
12/10/2024 12/10/24 Sold $640,000 -8.4% $320 / Sq Ft
10/23/2024 10/23/24 For Sale $699,000 +9.2% $349 / Sq Ft
10/17/2024 10/17/24 Off Market $640,000 -- --
10/17/2024 10/17/24 For Sale $699,000 +9.2% $349 / Sq Ft
10/11/2024 10/11/24 Off Market $640,000 -- --
09/24/2024 09/24/24 For Sale $699,000 -- $349 / 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
2023 $981 $91,370 $32,191 $59,179
2022 $947 $89,579 $31,560 $58,019
2021 $926 $87,824 $30,942 $56,882
2020 $915 $86,924 $30,625 $56,299
2019 $893 $85,221 $30,025 $55,196
2018 $2,950 $83,551 $29,437 $54,114
2017 $2,906 $81,913 $28,860 $53,053
2016 $2,895 $80,308 $28,295 $52,013
2015 $816 $79,104 $27,871 $51,233
2014 $785 $77,557 $27,326 $50,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG24198896

California Regional Multiple Listing Service (CRMLS)

APN: 129-161-003