NOT LISTED FOR SALE

Estimated Value: $574,000 - $919,000

4 Beds
3 Baths
1,904 Sq Ft
$405/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $535,000 $281 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,813/month

323 Days on Market

Highlights

  • Private Yard
  • No Heating
  • 4-minute walk to Sheridan Park

About This Home

As of March 2018

Back on the Market with NEW Paint and Landscaping, Great Opportunity!! 3 units with a separate two car garage, located in the heart of Corona. Great location, walking distance to the Metro Link, market, library, local restaurants, Corona hospital, and schools. One studio unit with bathroom and kitchen. A one bathroom one bath with a big backyard. Upstairs is a 2 bedroom one bathroom unit, All units have new paint, new counter tops and new fixtures. Must See!!!!

Last Agent to Sell the Property

Jose Lemus

Falcon Investment and Loans, Inc. License #01227952 Listed on: 05/10/2017

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,685

Year Built

  • Built in 1890

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • 1,904 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • No Heating
  • Private Sewer

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 416
  • Assessor Parcel Number 117145006

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 2 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,000
  • Insurance Expense $1,100
  • Trash Expense $125
  • Water Sewer Expense $150
  • New Taxes Expense $3,556
  • Operating Expense $275
  • Gross Income $36,000
  • Net Operating Income $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,685

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 150.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 117145006
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 280.99

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Sewer: Private Sewer
  • Trash Expense: 125.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7405.00

Multi Family

  • Electric Expense: 2000.00
  • Gross Income: 36000.00
  • Gross Scheduled Income: 3275.00
  • Insurance Expense: 1100.00
  • Net Operating Income: 3000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 275.00
  • Rent Control: No
  • Total Actual Rent: 3350.00
  • Total Expenses: 275.00

Tax Info

  • New Taxes Expense: 3556.00
  • Tax Census Tract: 416.00
  • Tax Lot: 4
  • Tax Tract Number: 416.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2017
Closed on
May 18, 2018
Sold by
Oliveros Joel and Oliveros Jennifer
Bought by
Oliveros Joel and Oliveros Jennifer
Seller's Agent
Jose Lemus
Falcon Investment and Loans, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$585,000
Sold Price
$535,000
Premium/Discount to List
-$50,000
-8.55%
Current Estimated Value
$777,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,272
Avg. Annual Appreciation
5.10%

Purchase Details

Listed on
May 10, 2017
Closed on
Feb 20, 2018
Sold by
Lemus Norma
Bought by
Oliveros Jennifer and Oliveros Joel
Seller's Agent
Jose Lemus
Falcon Investment and Loans, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$585,000
Sold Price
$535,000
Premium/Discount to List
-$50,000
-8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Outstanding Balance
$319,296
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$453,152

Purchase Details

Closed on
Apr 30, 2014
Sold by
Kmc Investment Corporation
Bought by
Lemus Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,403
Interest Rate
4.09%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 2013
Sold by
Corona South Main Develoment Lp
Bought by
Kmc Investment Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
3.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 16, 2009
Sold by
Corona Main Community Llc
Bought by
Corona South Main Development Lp

Purchase Details

Closed on
Sep 9, 2008
Sold by
Redevelopment Agency Of The City Of Coro
Bought by
Corona Main Community Llc

Purchase Details

Closed on
Apr 16, 2008
Sold by
Badillo Pina Graciela
Bought by
Redevelopment Agency Of The City Of Coro

Purchase Details

Closed on
Apr 26, 1999
Sold by
Badillo Pina Graciela
Bought by
Pina Graciela Badillo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.62%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Oliveros Joel -- None Available
Oliveros Jennifer $535,000 Pacific Coast Title Company
Lemus Norma $309,000 First American Title
Kmc Investment Corporation $175,000 Chicago Title Subdivision
Corona South Main Development Lp $2,500 None Available
Corona Main Community Llc -- Chicago Title Company
Redevelopment Agency Of The City Of Coro -- Chicago Title Company
Pina Graciela Badillo -- Ati Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliveros Jennifer $371,000
Closed Oliveros Jennifer $371,000
Previous Owner Lemus Norma $305,278
Previous Owner Lemus Norma $303,403
Previous Owner Kmc Investment Corp $131,000
Previous Owner Pina Graciela Badillo $75,000
Previous Owner Pina Graciela Badillo $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $535,000 -4.3% $281 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
11/13/2017 11/13/17 Price Changed $559,000 -1.8% $294 / Sq Ft
05/30/2017 05/30/17 Price Changed $569,000 -2.7% $299 / Sq Ft
05/10/2017 05/10/17 For Sale $585,000 +89.3% $307 / Sq Ft
07/03/2014 07/03/14 Sold $309,000 0.0% $162 / Sq Ft
07/03/2014 07/03/14 Sold $309,000 -0.3% $162 / Sq Ft
06/13/2014 06/13/14 Pending -- -- --
02/24/2014 02/24/14 Pending -- -- --
09/03/2013 09/03/13 Price Changed $309,900 -4.6% $163 / Sq Ft
08/23/2013 08/23/13 For Sale $324,900 0.0% $171 / Sq Ft
08/05/2013 08/05/13 For Sale $324,900 -- $171 / 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 $6,685 $608,732 $113,776 $494,956
2023 $6,685 $585,096 $109,359 $475,737
2022 $6,474 $573,624 $107,215 $466,409
2021 $6,345 $562,377 $105,113 $457,264
2020 $6,276 $556,612 $104,036 $452,576
2019 $6,131 $545,699 $101,997 $443,702
2018 $3,680 $326,383 $84,500 $241,883
2017 $3,591 $319,985 $82,844 $237,141
2016 $3,556 $313,712 $81,220 $232,492
2015 $3,479 $309,000 $80,000 $229,000
2014 $2,572 $231,043 $75,340 $155,703
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17103888

California Regional Multiple Listing Service (CRMLS)

APN: 117-145-006