NOT LISTED FOR SALE

Estimated Value: $1,000,000 - $1,420,929

5 Beds
2 Baths
1,848 Sq Ft
$625/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $962,115 $521 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,967/month

20 Days on Market

Highlights

  • Community Stables
  • 2.45 Acre Lot
  • 3 Car Attached Garage
  • Horse Property
  • No HOA
  • Laundry Room

About This Home

As of October 2021

NORCO AT IT'S FINEST!! This amazing one of a kind horse property is the one you have been searching for! This property has it all, starting with a 2.5 acre lot which is completely useable flat land. This incredible property features 2 large barns and over 24 Barn horse stalls, 26 covered stalls and stud corrals! Currently 14 of these horse stalls are being rented for $3,470 a month, plenty of opportunity for additional income. This land features a starting gate, a practice track and horse walkers. This stunning home is a 5 bedroom and 2 bathroom and has a generous Master bedroom and master bath. The expansive kitchen has plenty of cabinet space and ample countertop space and is perfect for the chef in your family. The home also features a family room with a fireplace and 4 additional bedrooms. Behind the main house is a second house which is currently being rented for $1,100 a month and features a kitchen, family room, master bedroom and a full bathroom. The whole complex has solar which drastically cuts down on utility expense. Don't wait this property won't last!

Last Agent to Sell the Property

Daniel Deforest

First Team Real Estate North Tustin License #02003121 Listed on: 08/30/2021

First Team Real Estate North Tustin

Last Buyer's Agent

Daniel Deforest

First Team Real Estate North Tustin License #02003121 Listed on: 08/30/2021

First Team Real Estate North Tustin

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 2.45 Acre Lot
  • Density is 2-5 Units/Acre
  • Property is zoned A120M

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 1,848 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Horse Property

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 10 / 41
  • Tax Tract Number 2
  • Assessor Parcel Number 133110001
  • $37 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Stables
  • Horse Trails

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: A120M
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 133110001
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1848.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 520.62
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails, Stable(s)

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Horse Property
  • Lot Size Sq Ft: 106722.00
  • Lot Size Acres: 2.4500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 106722.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 41
  • Tax Census Tract: 407.03
  • Tax Lot: 10
  • Tax Tract Number: 2
  • TaxOtherAnnualAssessmentAmount: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2025
Sold by
Abel Mendoza Garcia Family Trust and Garcia Abel Mendoza
Bought by
Flores & Sons Norco Investments Llc
Current Estimated Value
$1,154,732

Purchase Details

Closed on
Apr 17, 2023
Sold by
Garcia Abel Mendoza
Bought by
Abel Mendoza Garcia Family Trust and Garcia

Purchase Details

Listed on
Aug 30, 2021
Closed on
Oct 4, 2021
Sold by
Castellano Jose G and Gonzalez Mario Gonzalez
Bought by
Garcia Abel Mendoza
Seller's Agent
Daniel Deforest
First Team Real Estate North Tustin
Buyer's Agent
Daniel Deforest
First Team Real Estate North Tustin
List Price
$1,425,000
Sold Price
$962,115
Premium/Discount to List
-$462,885
-32.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%
Original Mortgage
$223,035
Interest Rate
2.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 14, 2010
Sold by
Castellano Jose G
Bought by
Castellano Jose G and Gonzalez Mario Gonzalez

Purchase Details

Closed on
Feb 6, 2007
Sold by
Moker Richard John and Moker Sally Dee
Bought by
Castellano Jose G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$757,500
Interest Rate
6.62%
Mortgage Type
New Conventional
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
Flores & Sons Norco Investments Llc $700,000 California Title Company
Flores & Sons Norco Investments Llc $700,000 California Title Company
Abel Mendoza Garcia Family Trust -- None Listed On Document
Garcia Abel Mendoza -- North American Title
Garcia Abel Mendoza -- North American Title
Castellano Jose G -- None Available
Castellano Jose G $1,010,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Abel Mendoza $223,035
Previous Owner Castellano Jose G $757,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2021 10/05/21 Sold $962,115 -28.7% $521 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
09/05/2021 09/05/21 Price Changed $1,350,000 -5.3% $731 / Sq Ft
08/30/2021 08/30/21 For Sale $1,425,000 -- $771 / 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 $11,144 $1,021,045 $397,953 $623,092
2023 $11,144 $981,398 $382,500 $598,898
2022 $10,790 $962,155 $375,000 $587,155
2021 $6,780 $603,471 $239,949 $363,522
2020 $6,052 $538,814 $214,240 $324,574
2019 $5,855 $523,120 $208,000 $315,120
2018 $5,612 $503,000 $200,000 $303,000
2017 $5,019 $452,000 $180,000 $272,000
2016 $4,991 $445,000 $177,000 $268,000
2015 $4,922 $442,000 $176,000 $266,000
2014 $3,824 $349,000 $139,000 $210,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21191406

California Regional Multiple Listing Service (CRMLS)

APN: 133-110-001