NOT LISTED FOR SALE

3727 Valley View Ave Norco, CA 92860

Norco Farms Neighborhood

Estimated Value: $1,361,000 - $1,900,354

7 Beds
5 Baths
3,500 Sq Ft
$474/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $1,561,000 $446 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $10,307/month

3 Days on Market

Highlights

  • Parking available for a boat
  • Golf Course Community
  • Barn
  • Detached Guest House
  • Community Stables
  • Stables

About This Home

As of February 2022

ONE OF NORCO'S MOST UNIQUE RANCHES IN TOWN with HUGE INCOME possibilities. This property is a must see! It has 2 LEGAL HOUSES WITH SEPERATE ADDRESSES AND SEPERATE UTILITIES. There is more to this property for the value than photos show.. Many uses for the property such as a BOARDING FACILITY IT IS READY AND ALL SET UP FOR YOU TO START BUSIENSS. Or Rent it out to a TRAINER. There is ample parking for your boarders and guest and would be a perfect for future equestrian events as well. The front house features 3 bedrooms, 1 bathroom and a brick fireplace. It has it own utilities, gated yard and 2 car garage. The second property is 2 bedrooms and 1 bath. It has a bar and a rustic kitchen that includes an antique stove and wood burning stove fire place. It also has fully fenced yard. The RV/BOAT GARAGE/WORKSHOP is perfect for you to use as storage park your toys and use as a workshop. There 31 HORSE STALLS with feeders & shelters. Barn with enclosed stalls with a breezeway. Outdoor bathroom for boarders, wash rack, multiple tack rooms, feed shelter and multip0le storage containers. The back is designed like a old western town making this ranch unique. Large arena is perfect for sorting, training, barrel racing, hunter jumper. If you want to LIVE AND EARN INCOME then this is the property for you! Tenants would be happy to stay. Seller will pay to connect to sewer

Last Agent to Sell the Property

Tonja Bambrook

Keller Williams Realty Riv License #01462550 Listed on: 12/20/2021

Keller Williams Realty Riv

Last Buyer's Agent

Abel Dutra

DALE FREITAS REALTY License #02083058

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,051

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 1.9 Acre Lot
  • 1 Common Wall
  • Chain Link Fence
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage
  • 5 Attached Carport Spaces
  • Second Garage
  • Converted Garage
  • Parking Available
  • Workshop in Garage
  • Front Facing Garage
  • Side Facing Garage
  • Driveway
  • Unpaved Parking
  • Parking available for a boat
  • Covered RV Parking

Home Design

  • Duplex
  • Turnkey
  • Additions or Alterations
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,500 Sq Ft Home
  • 1-Story Property
  • Bar
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Family Room with Fireplace
  • Workshop
  • Views of Hills
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Gas Oven
  • Gas Cooktop

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms
  • Spa Bath

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Spa
  • Horse Property
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Additional Homes

  • Two Homes on a Lot
  • Detached Guest House

Farming

  • Barn
  • Agricultural

Horse Facilities and Amenities

  • Horse Property Improved
  • Corral
  • Stables

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Water Heater
  • Conventional Septic
  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 6 / 33
  • Tax Tract Number 1
  • Assessor Parcel Number 131250001
  • $32 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 6 Buildings
  • 2 Units
  • Foothills

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Park
  • Community Stables
  • Horse Trails
  • Hiking Trails

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,485
  • Trash Expense $2,400
  • Water Sewer Expense $2,400
  • Operating Expense $7,285
  • Gross Income $163,608
  • Net Operating Income $120,323

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,051

Year Built

Built in 1957 | Remodeled

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Other Phone Description: 951-283-7742
  • Price Per Unit: 850000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: A120M
  • Property Condition: Additions/Alterations, Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 131250001
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Bar, Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 446.00
  • Room Type: All Bedrooms Down, Galley Kitchen, Kitchen, Workshop
  • Spa Features: Bath
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Other Structures: Barn(s), Guest House, Guest House Detached, Outbuilding, Second Garage, Second Garage Detached, Shed(s), Storage, Two On A Lot, Workshop
  • Exterior Features: Corral, Lighting, Stable
  • View: Hills
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Drywall Walls, Frame

Garage/Parking

  • Carport Spaces: 5.00
  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Boat, Carport, Attached Carport, Converted Garage, Driveway, Unpaved, Garage, Garage Faces Front, Garage Faces Side, RV Covered, RV Potential, Workshop in Garage
  • Total Parking Spaces: 11.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Not Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Cooktop, Water Heater
  • Heating Type: Ductless, Natural Gas
  • Laundry Features: Common Area, Inside
  • Sewer: Conventional Septic
  • Trash Expense: 2400.00
  • Water Source: Public
  • Cooling: Ductless, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Golf, Hiking, Horse Trails, Park, Stable(s)

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Agricultural, Back Yard, Front Yard, Horse Property, Horse Property Improved, Landscaped, Lawn, Level with Street, Lot Over 40000 Sqft, Rectangular Lot, Level, Ranch, Yard
  • Lot Size Sq Ft: 82764.00
  • Lot Size Acres: 1.9000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 163608.00
  • Gross Scheduled Income: 127608.00
  • Insurance Expense: 2485.00
  • Lot Size Area: 82764.0000 Square Feet
  • Net Operating Income: 120323.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number Wall A C: 6
  • Operating Expense: 7285.00
  • Other Income1: 36000.00
  • Other Income Description: trainer rents horse facilites
  • Rent Control: No
  • Total Actual Rent: 10635.00
  • Total Expenses: 7285.00

Tax Info

  • Tax Block: 33
  • Tax Census Tract: 407.02
  • Tax Lot: 6
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2018
Sold by
Ogden Phillip E
Bought by
The Ogden & Keener Revocable Family Tr
Total Days on Market
3
Current Estimated Value
$1,658,589

Purchase Details

Closed on
Jan 7, 2005
Sold by
Ogden Phillip E
Bought by
Ogden Phillip E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2004
Sold by
Ogden Phillip E
Bought by
Ogden Phillip E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2004
Sold by
Ogden Phillip E
Bought by
Ogden Phillip E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
5.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 2004
Sold by
Ogden Phillip E
Bought by
Ogden Phillip E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
5.35%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 2003
Sold by
Ogden Phillip and Ogden Phillip E
Bought by
Ogden Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
5.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 23, 2001
Sold by
Ogden Donna
Bought by
Ogden Phillip E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
7.21%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
The Ogden & Keener Revocable Family Tr -- None Available
Ogden Phillip E -- --
Ogden Phillip E -- Ticor Title Company
Ogden Phillip E -- --
Ogden Phillip E -- Financial Title Company
Ogden Phillip -- --
Ogden Phillip E -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ogden Phillip E $480,000
Closed Ogden Phillip E $370,000
Closed Ogden Phillip E $294,000
Closed Ogden Phillip E $337,500
Closed Ogden Phillip E $157,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $1,561,000 0.0% $446 / Sq Ft
02/24/2022 02/24/22 Sold $1,561,000 -8.2% $700 / Sq Ft
02/23/2022 02/23/22 For Sale $1,699,999 0.0% $763 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
12/23/2021 12/23/21 Pending -- -- --
12/20/2021 12/20/21 Price Changed $1,699,999 0.0% $763 / Sq Ft
12/20/2021 12/20/21 For Sale $1,699,999 -2.9% $486 / Sq Ft
12/01/2021 12/01/21 Price Changed $1,750,000 -7.4% $785 / Sq Ft
10/13/2021 10/13/21 For Sale $1,890,000 -- $848 / 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 $18,051 $1,656,545 $530,604 $1,125,941
2023 $18,051 $1,592,220 $510,000 $1,082,220
2022 $4,687 $416,389 $237,938 $178,451
2021 $4,593 $408,225 $233,273 $174,952
2020 $4,543 $404,041 $230,882 $173,159
2019 $4,437 $396,119 $226,355 $169,764
2018 $4,336 $388,353 $221,917 $166,436
2017 $4,228 $380,739 $217,566 $163,173
2016 $4,187 $373,274 $213,300 $159,974
2015 $4,095 $367,669 $210,097 $157,572
2014 $3,943 $360,470 $205,983 $154,487
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Tonja Bambrook

    Keller Williams Realty Riv

    (951) 280-6040

    30 in this area

    136 Total Sales

    Tonja Bambrook
    Section Image
  • Abel Dutra

    Buyer's Agent in 2022

    Abel Dutra

    DALE FREITAS REALTY

    (909) 210-8263

    2 in this area

    31 Total Sales

    Abel Dutra
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG21267184

California Regional Multiple Listing Service (CRMLS)

APN: 131-250-001

California Riverside County Norco 92860 Norco Farms

3727 Valley View Ave, Norco, CA

This home is located at 3727 Valley View Ave, Norco, CA 92860 since 20 December 2021 and is currently estimated at $1,658,589, approximately $473 per square foot. This property was built in 1957. 3727 Valley View Ave is a home located in Riverside County with nearby schools including Sierra Vista Elementary School, Norco Intermediate School, and Norco High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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