NOT LISTED FOR SALE

3540 Hillside Ave Norco, CA 92860

Norco Farms Neighborhood

Estimated Value: $651,000 - $864,000

3 Beds
2 Baths
718 Sq Ft
$1,063/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $599,000 $834 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,570/month

30 Days on Market

Highlights

  • Horse Property
  • View of Trees or Woods
  • Main Floor Bedroom
  • Horse Property Unimproved
  • 1.16 Acre Lot
  • No HOA

About This Home

As of December 2021

Rare find! Investment property features 2 single family homes with garage space and additional storage buildings plus tack room with attached horse stall on over an acre of horse property. Larger residence is 2 bedrooms and 1 bath. Second residence is a 1 bedroom 1 bath and features solar panels to power home. Property is fully fenced with motorized gate at entrance. The residences do need repairs and property does not include horse stalls.

Last Agent to Sell the Property

Brenda Meyer

COZY CABINS REALTY License #01473511 Listed on: 05/18/2021

Last Buyer's Agent

Sharon Shepherd

Norco Realty License #01016493

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 1.16 Acre Lot
  • No Common Walls
  • Rural Setting
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Ranch Style House

Interior Spaces

  • 718 Sq Ft Home
  • Living Room with Fireplace
  • Views of Woods
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Conventional Septic

Additional Features

  • Horse Property
  • Horse Property Unimproved

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 133262016

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Horse Trails

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 133262016
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 718.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 834.26
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • View: Trees/Woods
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Horse Property, Horse Property Unimproved, Lot Over 40000 Sqft, Ranch
  • Lot Size Sq Ft: 50529.60
  • Lot Size Acres: 1.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1.1600 Acres
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2021
Sold by
Evans Audrey D and Audrey D Evans Living Trust
Bought by
Castellanos Daniel R and Castellanos Edelmira
Current Estimated Value
$763,409

Purchase Details

Closed on
Aug 1, 2006
Sold by
Evans Audrey D
Bought by
Evans Audrey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,220
Interest Rate
6.67%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Apr 26, 2004
Sold by
Evans Audrey D
Bought by
Evans Audrey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,225
Interest Rate
2.91%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 2003
Sold by
Evans Audrey
Bought by
Evans Audrey D

Purchase Details

Closed on
Aug 8, 2003
Sold by
Evans Audrey D
Bought by
Evans Audrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 18, 1995
Sold by
Evans Audrey D
Bought by
Evans Audrey D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Castellanos Daniel R $599,000 Chicago Title Company
Evans Audrey D -- Alliance Title Company
Evans Audrey D -- Commonwealth Land Title Co
Evans Audrey D -- Old Republic Title Company
Evans Audrey -- Old Republic Title Company
Evans Audrey D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evans Audrey D $500,220
Previous Owner Evans Audrey D $366,225
Previous Owner Evans Audrey $120,000
Closed Evans Audrey D $366,225
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2021 12/01/21 Sold $599,000 0.0% $834 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $599,000 -- $834 / 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 $6,941 $635,662 $254,689 $380,973
2023 $6,941 $610,980 $244,800 $366,180
2022 $6,720 $599,000 $240,000 $359,000
2021 $1,551 $143,611 $89,704 $53,907
2020 $1,534 $142,140 $88,785 $53,355
2019 $1,497 $139,354 $87,045 $52,309
2018 $1,461 $136,623 $85,339 $51,284
2017 $1,422 $133,945 $83,666 $50,279
2016 $1,406 $131,320 $82,026 $49,294
2015 $1,374 $129,349 $80,795 $48,554
2014 $1,322 $126,816 $79,213 $47,603
Source: Public Records

Agents Affiliated with this Home

  • Brenda Meyer

    Seller's Agent in 2021

    Brenda Meyer

    COZY CABINS REALTY

    (909) 286-3568

    1 in this area

    19 Total Sales

    Brenda Meyer
    Section Image
  • Sharon Shepherd

    Buyer's Agent in 2021

    Sharon Shepherd

    Norco Realty

    (909) 223-1094

    1 in this area

    5 Total Sales

    Sharon Shepherd
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV21104940

California Regional Multiple Listing Service (CRMLS)

APN: 133-262-016

California Riverside County Norco 92860 Norco Farms

3540 Hillside Ave, Norco, CA

Not Listed for Sale

MultiFamily

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