NOT LISTED FOR SALE

Estimated Value: $716,000 - $843,751

6 Beds
3 Baths
2,029 Sq Ft
$395/Sq Ft Est. Value

Last Sold September 17, 2019

Last sale price $566,000 $279 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,764/month

17 Days on Market

Highlights

  • Above Ground Spa
  • Granite Countertops
  • No HOA
  • Centennial High School Rated A-
  • Lawn
  • Neighborhood Views

About This Home

As of September 2019

FANTASTIC OPPORTUNITY to own this income producing property in the heart of Corona!! Two homes on a lot, front home features 3 bedrooms, 1 bathroom, laminated flooring, a cozy fireplace, ceiling fans, formica kitchen counter tops, bathroom has shower/tub combo, 2 guest bedrooms and laundry hookups inside the 1 car garage. Rear home boasts 3 bedrooms, 2 bathrooms, laminated flooring throughout, family room and dining area, ceiling fans, galley style kitchen, granite kitchen counters, custom cherry wood cabinets, indoor laundry area, master bedroom has a shower/tub combo and bathroom en-suite, 2 guest bedrooms and 1 guest bathroom with a walk in shower. A deck off the front of the home, patio area in the backyard with a jacuzzi, perfect place for a BBQ or family gathering. Both homes are completely separated with their own yards. Close to great schools, shopping and a commuter friendly location. Don't miss your opportunity, won't last long!

Last Agent to Sell the Property

Melissa Coles

Re/Max Partners License #01439193 Listed on: 06/14/2019

Re/Max Partners

Last Buyer's Agent

Mayra Herrera

All in One Real Estate License #01757283

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 0.31 Acre Lot
  • No Common Walls
  • Chain Link Fence
  • Landscaped
  • Flag Lot
  • Sprinkler System
  • Lawn
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 3 Open Parking Spaces
  • 1 Car Garage
  • Carport
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,029 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Laminate Flooring
  • Neighborhood Views

Kitchen

  • Galley Kitchen
  • Granite Countertops
  • Formica Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Gas Water Heater

Additional Features

  • Above Ground Spa
  • Two Homes on a Lot

Listing and Financial Details

  • Tenant pays for all utilities, water
  • Tax Lot 1819
  • Tax Tract Number 41812
  • Assessor Parcel Number 109042006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $265
  • Trash Expense $195
  • New Taxes Expense $1,350
  • Operating Expense $1,810
  • Gross Income $19,140
  • Net Operating Income $17,330

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: jacuzzi, 2 sheds and pergola
  • Property Attached: No
  • View: Yes
  • Zoning: R172
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 109042006
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Formica Counters, Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 278.96
  • Room Type: All Bedrooms Down, Family Room, Galley Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom
  • Spa Features: Above Ground

Exterior Features

  • Other Structures: Two On A Lot
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Asphalt, Garage - Single Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Laundry Features: In Garage, Inside
  • Sewer: Public Sewer
  • Trash Expense: 195.36
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Landscaped, Lawn, Lot 10000-19999 Sqft, Flag Lot, Sprinkler System
  • Lot Size Sq Ft: 13504.00
  • Lot Size Acres: 0.3100

Rental Info

  • Tenant Pays: All Utilities, Water

Multi Family

  • Gross Income: 19140.00
  • Gross Scheduled Income: 19140.00
  • Insurance Expense: 265.25
  • Lot Size Area: 13504.0000 Square Feet
  • Net Operating Income: 17330.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 1810.00
  • Rent Control: No
  • Total Actual Rent: 1595.00
  • Total Expenses: 1810.00

Tax Info

  • New Taxes Expense: 1350.00
  • Tax Census Tract: 418.12
  • Tax Lot: 1819
  • Tax Tract Number: 041812

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2020
Sold by
Rodriguez Enrique R and De Rodriguez Leticia
Bought by
Redriguez Enrique R and Derodriguez Leticia Rosales
Current Estimated Value
$802,188

Purchase Details

Closed on
Jul 8, 2019
Sold by
Quinn Angela and Quinn Kirk Jon
Bought by
Rodriguez Enrique R and Rodriguez Leticia Rosales

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,748
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 2016
Sold by
Quinn Kirk J
Bought by
Quinn Angela and Quinn Kirk Jon
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
Redriguez Enrique R -- Accommodation
Rodriguez Enrique R $566,000 Lawyers Title Company
Quinn Angela -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Enrique R $555,748
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2019 09/17/19 Sold $566,000 -2.4% $279 / Sq Ft
06/14/2019 06/14/19 For Sale $579,950 -- $286 / 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 $6,826 $618,998 $82,022 $536,976
2023 $6,826 $594,964 $78,838 $516,126
2022 $6,611 $583,299 $77,293 $506,006
2021 $6,480 $571,863 $75,778 $496,085
2020 $6,409 $566,000 $75,000 $491,000
2019 $2,764 $247,357 $98,937 $148,420
2018 $2,702 $242,508 $96,998 $145,510
2017 $2,713 $237,754 $95,097 $142,657
2016 $2,684 $233,093 $93,233 $139,860
2015 $2,627 $229,594 $91,834 $137,760
2014 $2,536 $225,098 $90,036 $135,062
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG19141078

California Regional Multiple Listing Service (CRMLS)

APN: 109-042-006