NOT LISTED FOR SALE

523 W 5th St Corona, CA 92882

Central Corona Neighborhood

Estimated Value: $672,000 - $720,509

3 Beds
1 Bath
2,832 Sq Ft
$248/Sq Ft Est. Value

Last Sold March 20, 2015

Last sale price $355,000 $125 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $4,664/month

66 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Level Lot
  • Lawn
  • Landscaped
  • 4-minute walk to Sheridan Park

About This Home

As of March 2015

Great opportunity for a great 3 unit property in a great area! Property consists of a single home with second unit upstairs. Third unit above detached 2 car garage. PRINCIPAL HOME has 3 bedrooms 1 bath. 2ND unit has 2 bedrooms 1 bathroom. 3RD unit has 2 bedrooms 1 bathroom. Separate private driveway & parking are for all units. All unit are rented with long term tenants. DO NOT DISTURB TENANTS. Property in need of some TLC. Located within close proximity to freeways, shopping, and public transportation. PROPERTY SOLD AS IS IN ITS PRESENT CONDITION...

Last Agent to Sell the Property

JASON SPARKS

Tower Agency License #01309681 Listed on: 03/13/2015

Last Buyer's Agent

JASON SPARKS

Tower Agency License #01309681 Listed on: 03/13/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,714

Year Built

  • Built in 1910

Lot Details

  • 0.25 Acre Lot
  • Property fronts an alley
  • 1 Common Wall
  • Landscaped
  • Level Lot
  • Lawn

Parking

  • 2 Car Garage

Home Design

  • 2,832 Sq Ft Home
  • Traditional Architecture
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Additional Features

  • Rain Gutters
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, grounds care
  • Tax Lot 10
  • Tax Tract Number 55
  • Assessor Parcel Number 117132004

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Trash Expense $600
  • Water Sewer Expense $1,600
  • New Taxes Expense $1,395
  • Net Operating Income $30,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,714

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Water Sewer Expenses: 1600.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 117132004
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 125.35

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Gutters, Suburban

Lot Info

  • Lot Features: Level, Lawn, Landscaped, Level with Street, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10890.00
  • Lot Size Acres: 0.2500

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care

Multi Family

  • Gross Scheduled Income: 32640.00
  • Insurance Expense: 600.00
  • Lot Size Area: 10890.0000 Square Feet
  • Net Operating Income: 30140.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 2500.00
  • Rent Control: No
  • Total Actual Rent: 2720.00

Tax Info

  • New Taxes Expense: 1395.00
  • Tax Lot: 10
  • Tax Tract Number: 55
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2015
Closed on
Mar 5, 2015
Sold by
Acosta Luz Elena
Bought by
Acosta Jorge
Seller's Agent
JASON SPARKS
Tower Agency
Buyer's Agent
JASON SPARKS
Tower Agency
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%
Current Estimated Value
$783,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,959
Avg. Annual Appreciation
8.66%
Original Mortgage
$284,000
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 13, 2015
Closed on
Feb 19, 2015
Sold by
Sousa Joan Sharon
Bought by
Acosta Jorge
Seller's Agent
JASON SPARKS
Tower Agency
Buyer's Agent
JASON SPARKS
Tower Agency
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 2005
Sold by
Landry George A
Bought by
Landry George A

Purchase Details

Closed on
Aug 12, 1996
Sold by
Sharon Sousa Joan
Bought by
Sousa Joan Sharon
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
Acosta Jorge -- Lawyers Title
Acosta Jorge $355,000 Lawyers Title
Landry George A -- --
Sousa Joan Sharon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acosta Jorge $712,500
Closed Acosta Jorge $125,000
Closed Acosta Jorge $394,800
Closed Acosta Jorge $380,000
Closed Acosta Jorge $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2015 03/20/15 Sold $355,000 +1.4% $125 / Sq Ft
03/13/2015 03/13/15 Pending -- -- --
01/06/2015 01/06/15 For Sale $350,000 -- $124 / 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 $4,714 $426,646 $150,226 $276,420
2023 $4,714 $410,081 $144,394 $265,687
2022 $4,566 $402,041 $141,563 $260,478
2021 $4,475 $394,159 $138,788 $255,371
2020 $4,426 $390,118 $137,365 $252,753
2019 $4,325 $382,470 $134,672 $247,798
2018 $4,228 $374,972 $132,032 $242,940
2017 $4,125 $367,621 $129,444 $238,177
2016 $4,085 $360,413 $126,906 $233,507
2015 $1,444 $124,278 $53,259 $71,019
2014 $1,395 $121,846 $52,217 $69,629
Source: Public Records

Agents Affiliated with this Home

  • JASON SPARKS

    Seller's Agent in 2015

    JASON SPARKS

    Tower Agency

    (951) 850-5163

    1 in this area

    171 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV15003735

California Regional Multiple Listing Service (CRMLS)

APN: 117-132-004

California Riverside County Corona 92882 Central Corona

523 W 5th St, Corona, CA

This home is located at 523 W 5th St, Corona, CA 92882 since 13 March 2015 and is currently estimated at $701,377, approximately $247 per square foot. This property was built in 1910. 523 W 5th St is a home located in Riverside County with nearby schools including Vicentia Elementary School, Letha Raney Intermediate School, and Corona 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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