NOT LISTED FOR SALE

Estimated Value: $573,665 - $710,000

5 Beds
1.5 Baths
1,970 Sq Ft
$317/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $400,000 $203 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,710/month

21 Days on Market

Highlights

  • No HOA
  • Walk-in Shower
  • 1-Story Property
  • Laundry Room
  • Back Yard

About This Home

As of October 2020

Investment property!!!!! Zoned multi family dwelling. Duplex opportunity located in Corona offers a great opportunity for investment or to live in one and rent the other. Property does need some TLC so bring your best ideas! 2 separate units, no shared/common walls, 2 homes on one lot! Both units hold their own addresses (Front address: 334 N Garfield) (Back address: 334 1/2 Garfield). Units have ample amount of space and privacy. Both units are tenant occupied which is ideal for whom ever is looking for a property which is currently generating an income. Front unit is currently paying $1,200 per month and back unit pays $850 per month. Front unit offers 3 bedrooms and 1 bathrooms. Sizeable living area / dining area, (1,100 sqft BUYER TO VERIFY). Washer and dryer hookups on the property. Fenced off backyard space. Back unit offers 2 bedrooms and 1 bathroom. Living area / Dining area (870 sqft BUYER TO VERIFY), Driveway and street parking available. Lot size (8,276 sqft) Great lot size, offers a lot of potential for adding units or extending the existing units. Close to freeways and local shops.

Last Agent to Sell the Property

Sara Doyle

Realty Masters & Associates License #01744198 Listed on: 07/24/2020

Realty Masters & Associates

Last Buyer's Agent

Amalia Gallegos

Gallegos Realty License #01188198

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,774

Year Built

  • Built in 1940

Lot Details

  • 8,276 Sq Ft Lot
  • No Common Walls
  • Back Yard
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Fixer Upper

Interior Spaces

  • 1,970 Sq Ft Home
  • 1-Story Property
  • Gas Oven

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer Hookup

Parking

  • Parking Available
  • Driveway

Utilities

  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 71
  • Tax Tract Number 7071
  • Assessor Parcel Number 118140039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,774

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: R1
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 118140039
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1970.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 203.05
  • Room Type: All Bedrooms Down
  • Bathroom Features: Shower

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Water Connected
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Water Heater
  • Laundry Features: Outside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Corona-Norco Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Lot 6500-9999
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8276.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 415.00
  • Tax Lot: 71
  • Tax Tract Number: 70,71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Aug 12, 2020
Sold by
Doyle Edward L
Bought by
Cuevas Elvia
Seller's Agent
Sara Doyle
Realty Masters & Associates
Buyer's Agent
Amalia Gallegos
Gallegos Realty
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Total Days on Market
21
Current Estimated Value
$624,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,166
Avg. Annual Appreciation
10.04%
Original Mortgage
$260,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 17, 2016
Closed on
Mar 3, 2017
Sold by
Doyle Sara
Bought by
Doyle Edward L
Seller's Agent
Patricia Garcia
Realuxe Real Estate Group
Buyer's Agent
Patricia Garcia
Realuxe Real Estate Group
List Price
$340,000
Sold Price
$290,000
Premium/Discount to List
-$50,000
-14.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.40%
Original Mortgage
$217,500
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 17, 2016
Closed on
Feb 14, 2017
Sold by
Escalante Mary R
Bought by
Doyle Edward L
Seller's Agent
Patricia Garcia
Realuxe Real Estate Group
Buyer's Agent
Patricia Garcia
Realuxe Real Estate Group
List Price
$340,000
Sold Price
$290,000
Premium/Discount to List
-$50,000
-14.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2005
Sold by
Escalante Mary
Bought by
Escalante Albert R and Escalante Mary R

Purchase Details

Closed on
Jul 7, 2005
Sold by
Escalante Mary
Bought by
Escalante Mary

Purchase Details

Closed on
Apr 20, 1999
Sold by
Rodriguez Epigmenia
Bought by
Epimenia/Epigmenia L Rodriguez Living Tr
Source: Public Records

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    Section Image

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 Buyer Sale Price Title Company
Cuevas Elvia $400,000 Pacific Coast Title Company
Doyle Edward L -- Western Resources Title
Doyle Edward L $290,000 Western Resources Title
Escalante Albert R -- --
Escalante Mary -- --
Epimenia/Epigmenia L Rodriguez Living Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cuevas Elvia $260,000
Previous Owner Doyle Edward L $217,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2020 10/06/20 Sold $400,000 -5.9% $203 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $425,000 +46.6% $216 / Sq Ft
03/08/2017 03/08/17 Sold $290,000 -12.1% $147 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
01/31/2017 01/31/17 Price Changed $330,000 -2.9% $168 / Sq Ft
01/20/2017 01/20/17 Price Changed $340,000 0.0% $173 / Sq Ft
01/20/2017 01/20/17 For Sale $340,000 -2.9% $173 / Sq Ft
11/11/2016 11/11/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $350,000 -- $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
2023 $4,774 $416,160 $78,030 $338,130
2022 $4,623 $408,000 $76,500 $331,500
2021 $4,531 $400,000 $75,000 $325,000
2020 $3,497 $307,749 $116,732 $191,017
2019 $3,417 $301,716 $114,444 $187,272
2018 $3,341 $295,800 $112,200 $183,600
2017 $318 $23,273 $4,185 $19,088
2016 $315 $22,817 $4,103 $18,714
2015 $309 $22,477 $4,043 $18,434
2014 $302 $22,039 $3,965 $18,074
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG20147214

California Regional Multiple Listing Service (CRMLS)

APN: 118-140-039