NOT LISTED FOR SALE

Estimated Value: $816,830 - $855,000

5 Beds
4 Baths
2,650 Sq Ft
$314/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $599,900 $226 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,947/month

6 Days on Market

Highlights

  • Open Floorplan
  • Tile Countertops
  • Laundry Room
  • 2 Car Direct Access Garage
  • Recessed Lighting
  • Storage

About This Home

As of October 2019

Great Investment Opportunity - rare find! Quality Duplex in Corona, rents below comps. Live in one and rent out the other - or rent both out. Both units have their own spacious two car attached garage and laundry hookups. All utilities paid by renters with separate individual meters. Each unit has a small yard / garden area maintained by the tenants. The front unit has 3 bedrooms and two baths and the 2nd unit has 2 bedrooms to baths. Both units have central HVAC, recessed lighting, fireplaces, and spacious modern kitchens. The building is in very good condition with a tile roof, and features dual pane windows through out. Tenants are on month to month leases.

Last Agent to Sell the Property

Richard Chavez

Innovate Realty, Inc. License #01819797 Listed on: 09/19/2019

Last Buyer's Agent

ANA ORTIZ

SAMAYRA PROPERTIES License #02065379

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,390

Year Built

  • Built in 2010

Lot Details

  • 7,405 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Wrought Iron Fence
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Home Design

  • Property Attached
  • Fire Rated Drywall
  • Spanish Tile Roof
  • Vinyl Siding
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,650 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Family Room with Fireplace
  • Storage
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, exterior maintenance, gas
  • Tax Lot 14
  • Tax Tract Number 9
  • Assessor Parcel Number 110112017

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,500
  • Maintenance Expense $400
  • Operating Expense $1,900
  • Gross Income $36,000
  • Net Operating Income $34,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,390

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: Richard
  • Other Phone Number: 714-501-6322
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 110112017
  • Year Built: 2010
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Open Floorplan, Recessed Lighting, Storage, Tile Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 226.38
  • Room Type: All Bedrooms Down, Family Room, Kitchen

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Spanish Tile
  • Construction Materials: Drywall Walls, Stucco, Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central, Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Exterior Maintenance, Gas

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 7405.0000 Square Feet
  • Maintenance Expense: 400.00
  • Net Operating Income: 34100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1900.00
  • Rent Control: No
  • Total Expenses: 1900.00

Tax Info

  • Tax Census Tract: 417.04
  • Tax Lot: 14
  • Tax Tract Number: MB 009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2019
Closed on
Oct 8, 2019
Sold by
Palaha Jiwanjit S and Palaha Avneet K
Bought by
Taniform Lawrence Awemo and Taniform Leonle Machegang
Seller's Agent
Richard Chavez
Innovate Realty, Inc.
Buyer's Agent
ANA ORTIZ
SAMAYRA PROPERTIES
List Price
$599,900
Sold Price
$599,900
Current Estimated Value
$831,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,058
Avg. Annual Appreciation
5.68%

Purchase Details

Closed on
Oct 3, 2016
Sold by
Palaha Jiwanjit S and Palaha Avneet K
Bought by
Palaha Jiwanjit S and Palaha Avneet K

Purchase Details

Closed on
Jan 24, 2005
Sold by
Sturgeon Judy
Bought by
Palaha Jiwanjit S and Palaha Avneet K

Purchase Details

Closed on
Dec 7, 2004
Sold by
Sturgeon Tracy
Bought by
Sturgeon Judy

Purchase Details

Closed on
Aug 11, 2003
Sold by
Sturgeon Judy and Copenbarger Lloyd
Bought by
Sturgeon Judy

Purchase Details

Closed on
Dec 28, 2001
Sold by
Chapin Wilma Eileene
Bought by
Chapin Wilma Eileene and The Wilma Eileene Chapin Revocable Livin
Source: Public Records

Range of Values:

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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
Taniform Lawrence Awemo $595,000 Ticor Title Company
Palaha Jiwanjit S -- None Available
Palaha Jiwanjit S $167,500 --
Sturgeon Judy -- --
Sturgeon Judy -- --
Chapin Wilma Eileene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palaha Jiwanjit S $165,000
Previous Owner Palaha Jiwanjit S $335,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $599,900 0.0% $226 / Sq Ft
09/30/2019 09/30/19 For Sale $599,900 0.0% $226 / Sq Ft
09/27/2019 09/27/19 Off Market $599,900 -- --
09/25/2019 09/25/19 Pending -- -- --
09/19/2019 09/19/19 For Sale $599,900 -- $226 / 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 $5,390 $489,680 $233,469 $256,211
2023 $5,390 $470,667 $224,404 $246,263
2022 $5,220 $461,439 $220,004 $241,435
2021 $5,117 $452,392 $215,691 $236,701
2020 $5,060 $447,754 $213,480 $234,274
2019 $4,944 $438,976 $209,295 $229,681
2018 $4,833 $430,370 $205,192 $225,178
2017 $4,715 $421,932 $201,169 $220,763
2016 $4,670 $413,660 $197,225 $216,435
2015 $4,568 $407,448 $194,263 $213,185
2014 $4,401 $399,468 $190,458 $209,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG19206598

California Regional Multiple Listing Service (CRMLS)

APN: 110-112-017