NOT LISTED FOR SALE

551 5th St Norco, CA 92860

Norco Farms Neighborhood

Estimated Value: $579,000 - $1,077,000

3 Beds
1.5 Baths
1,544 Sq Ft
$571/Sq Ft Est. Value

Last Sold November 15, 2016

Last sale price $355,000 $230 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $5,258/month

105 Days on Market

Highlights

  • Community Stables
  • Gated Parking
  • No HOA
  • Horse Property
  • Main Floor Bedroom
  • Cooling Available

About This Home

As of November 2016

Make Horse Town USA your Hometown! Bring your TLC, your paint brushes & elbow grease and save ---- Here is your chance to live in the wonderful city of Norco, bring your horses too! Miles and Miles of riding trails begin at the front door. . Prior Owner has added living space in an upstairs room that you can use for a bedroom, living room & kids play room. Inside Laundry & 2 car garage with front and back garage doors - roll on through are just some of the nice surprises in this property. 2 Horse barn, now is your chance to live your dream of having a horse living in your backyard. Come see it in person today.

Last Agent to Sell the Property

Jeannie Hallgrimson

Re/Max Partners License #01052428 Listed on: 02/08/2016

Re/Max Partners

Last Buyer's Agent

Aura Suhr

First Team Real Estate License #01700890

First Team Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.31

Parking

  • 2 Car Garage
  • Parking Available
  • Gated Parking

Home Design

  • 1,544 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Additional Features

  • Horse Property
  • 0.31 Acre Lot
  • Cooling Available

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 3
  • Assessor Parcel Number 133300014

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Stables

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0.31 Acres

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 133300014
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1544.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Two
  • Price Per Square Foot: 229.92
  • Room Type: Main Floor Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Gated
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Stable(s)

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Horse Property
  • Lot Size Sq Ft: 13504.00
  • Price Per Lot Square Foot: 27.33
  • Lot Size Acres: 0.3100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13504.0000 Square Feet

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2022
Sold by
Swanstrom Koren and Swanstrom Felipe
Bought by
Swanstrom Koren and Swanstrom Felipe Rivera
Current Estimated Value
$882,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$48,404
Interest Rate
6.61%
Mortgage Type
Credit Line Revolving
Estimated Equity
$833,914

Purchase Details

Closed on
May 3, 2022
Sold by
Swanstrom and Felipe
Bought by
Swanstrom Koren and Rivera Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,240
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 2022
Sold by
Swanstrom and Felipe
Bought by
Swanstrom Koren and Rivera Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,240
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2019
Sold by
Swanstrom Willis A and Swanstrom Rosalinda L
Bought by
Swanstrom Koren and Rivera Felipe Ventura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2016
Closed on
Nov 4, 2016
Sold by
Rivera Felipe Ventura
Bought by
Swanstrom Koren
Seller's Agent
Jeannie Hallgrimson
Re/Max Partners
Buyer's Agent
Aura Suhr
First Team Real Estate
List Price
$369,000
Sold Price
$355,000
Premium/Discount to List
-$14,000
-3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%

Purchase Details

Closed on
May 27, 2016
Sold by
Hermosillo Ygnacio and Hermosillo Patricia Ann
Bought by
Swanstrom Koren and Swanstrom Willis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,570
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 18, 1999
Sold by
Steijer Lennart J and Steijer Teri L
Bought by
Hermosillo Ygnacio and Hermosillo Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,608
Interest Rate
6.73%
Mortgage Type
FHA
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
Swanstrom Koren -- Fidelity National Title
Swanstrom Koren -- None Listed On Document
Swanstrom Koren -- None Listed On Document
Swanstrom Koren -- Boston National Title
Swanstrom Koren -- None Available
Swanstrom Koren $355,000 Ticor
Hermosillo Ygnacio $150,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanstrom Koren $50,000
Previous Owner Swanstrom Koren $537,240
Previous Owner Swanstrom Koren $396,000
Previous Owner Swanstrom Koren $348,570
Previous Owner Hermosillo Ygnacio $122,608
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2016 11/15/16 Sold $355,000 -3.8% $230 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $369,000 0.0% $239 / Sq Ft
05/11/2016 05/11/16 For Sale $369,000 0.0% $239 / Sq Ft
05/11/2016 05/11/16 Price Changed $369,000 -7.7% $239 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $399,900 -- $259 / Sq Ft
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 $7,409 $701,648 $152,282 $549,366
2023 $7,409 $553,585 $146,370 $407,215
2022 $4,285 $388,240 $136,701 $251,539
2021 $4,198 $380,628 $134,021 $246,607
2020 $4,151 $376,726 $132,647 $244,079
2019 $7,157 $369,341 $130,047 $239,294
2018 $7,058 $362,100 $127,500 $234,600
2017 $3,874 $355,000 $125,000 $230,000
2016 $2,283 $210,250 $79,450 $130,800
2015 $2,232 $207,093 $78,257 $128,836
2014 $2,148 $203,038 $76,725 $126,313
Source: Public Records

Agents Affiliated with this Home

  • Jeannie Hallgrimson

    Seller's Agent in 2016

    Jeannie Hallgrimson

    RE/MAX

    (951) 642-9933

    4 in this area

    37 Total Sales

    Jeannie Hallgrimson
    Section Image
  • Aura Suhr

    Buyer's Agent in 2016

    Aura Suhr

    First Team Real Estate

    (951) 545-3220

    29 Total Sales

    Aura Suhr
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG16026797

California Regional Multiple Listing Service (CRMLS)

APN: 133-300-014

California Riverside County Norco 92860 Norco Farms

551 5th St, Norco, CA

Not Listed for Sale

Detached

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