NOT LISTED FOR SALE

Estimated Value: $715,000 - $896,000

0.93 Acres
$872,460 Price per Acre
40,511 Sq Ft Lot

Last Sold July 11, 2023

Last sale price $750,000

Est. 8% increase in value since last sale

Current estimated payment $4,919/month

35 Days on Market

Highlights

  • 0.93 Acre Lot
  • Orange Elementary School Rated A-
  • Level Lot

About This Lot

As of July 2023

Excellent opportunity to acquire Lot # 2 directly from Developer located in the prestigious gated Crown Ranch Estates Community; some of the only few remaining buildable home sites in the neighborhood. Crown Ranch is a premier neighborhood located in the City of Corona boasting a peaceful opulent gated community occupied by affluent luxury estate homes. This highly sought after gated community is located at the foothills of the Cleveland National Forest which encompasses 460,000 acres, mostly of chaparral, with a few riparian areas and is welcomed with a warm dry Mediterranean climate. Surrounded by multi-million luxury estate style homes; curb, gutters and street access; utilities at property curb frontage; zoned R1 and approved for auxiliary dwelling units. Some of the unique features and valuable benefits this property offers include nearly one acre in size; plenty of space to build your custom/semi-custom home. Setting on a bluff allowing for infinity pool overlooking stunning sunsets, spectacular city light views, and views of the Valley and Mount Baldy. This truly is one of the best remaining lot for luxury and privacy in a rare form. Within the most desirable areas, the Crown Ranch Estates premier gated community already is known for being one of the best fully developed community. You will absolutely fall in love with this community. Pad is graded and certified, and Utilities stubbed into the lots. Design your own OR inquire about 3 approved floor plan options. Bring your own builder OR Seller can build your dream home in this very posh, secluded private community. Inquire about build options. All lots surrounding this Lot 2 are already under construction.

Last Agent to Sell the Property

Elizabeth Rivera

California LWF Inc. License #01503850 Listed on: 05/11/2023

Last Buyer's Agent

Samuel Mikhail

The New City Realty License #01712561

Property Details

Property Type

  • Land

Lot Details

  • 0.93 Acre Lot
  • Level Lot

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 33505
  • Assessor Parcel Number 116290083
  • $43 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0.93 Acres

Listing Details

  • Road Surface Type: Paved
  • Subdivision Name Other: Crown Ranch
  • View: No
  • Zoning: A
  • Property Type: Land
  • Parcel Number: 116290083
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 18.51

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 40511.00
  • Lot Size Acres: 0.9300

Multi Family

  • Lot Size Area: 40511.0000 Square Feet

Tax Info

  • Tax Census Tract: 479.02
  • Tax Lot: 2
  • Tax Tract Number: 33505
  • TaxOtherAnnualAssessmentAmount: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jun 22, 2023
Sold by
Jd Builders Group Llc
Bought by
Jm United Llc
Seller's Agent
Elizabeth Rivera
California LWF Inc.
Buyer's Agent
Samuel Mikhail
The New City Realty
List Price
$899,000
Sold Price
$750,000
Premium/Discount to List
-$149,000
-16.57%
Views
49
Current Estimated Value
$811,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,388
Avg. Annual Appreciation
2.99%
Original Mortgage
$487,500
Outstanding Balance
$462,670
Interest Rate
2.61%
Mortgage Type
New Conventional
Estimated Equity
$348,718

Purchase Details

Closed on
Oct 11, 2021
Sold by
Follman Carole A and Follman Robert J
Bought by
Jd Builders Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$817,817
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 21, 2021
Sold by
Follman Carole A and Foilman Robert J
Bought by
Follman Carole A and Foliman Robert J
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
Jm United Llc $750,000 Fidelity National Title Compan
Jm United Llc $750,000 Fidelity National Title Compan
Jd Builders Group Llc $1,450,000 Fntg Builder Services
Follman Carole A -- Fidelity Natl Ttl Builder Sv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jm United Llc $487,500
Closed Jm United Llc $487,500
Previous Owner Jd Builders Group Llc $817,817
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2023 07/11/23 Sold $750,000 -6.1% --
06/15/2023 06/15/23 Pending -- -- --
06/14/2023 06/14/23 Price Changed $799,000 -11.1% --
05/31/2023 05/31/23 For Sale $899,000 0.0% --
05/16/2023 05/16/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $899,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,363 $765,000 $765,000 --
2023 $8,363 $295,800 $295,800 --
2022 $3,284 $290,000 $290,000 $0
2021 $1,975 $172,918 $172,918 $0
2020 $1,954 $171,145 $171,145 $0
2019 $1,909 $167,790 $167,790 $0
2018 $1,867 $164,500 $164,500 $0
2017 $1,822 $161,275 $161,275 $0
2016 $1,978 $158,113 $158,113 $0
2015 $1,936 $155,739 $155,739 $0
2014 $1,872 $152,690 $152,690 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23082000

California Regional Multiple Listing Service (CRMLS)

APN: 116-290-083

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