Seller's Agent in 2021
Lisa Anderson
Coldwell Banker Realty
(949) 872-6285
1 in this area
73 Total Sales
811 S Joy St Corona, CA 92879
Central Corona NeighborhoodEstimated Value: $529,000 - $910,510
6
Beds
3
Baths
2,346
Sq Ft
$342/Sq Ft
Est. Value
Highlights
- No Units Above
- Private Yard
- Laundry Room
- Centennial High School Rated A-
- No HOA
- 2-minute walk to Joy Park
About This Home
As of June 2021Located in the historic district of Corona South of 6th Street, this 3 unit property is the perfect opportunity for starting or expanding an investment portfolio. Live in the front home and rent out the duplex, or rent out all 3 units! Each unit features 2 bedrooms and 1 bath, with a 2 car garage on the property to generate more income. This property has been meticulously maintained and each unit has been updated over the last few years. Updated kitchen and baths are just a few improvements made. 100% rented with long-term tenants and currently at below market rates. However, the upside potential is limitless! Each unit is separately metered for electricity & gas. Water & trash is currently paid by the owner, but could be allocated to each unit. Sitting on an expansive 7400 square foot lot, the entire property has an ivy-covered fence with secured entries. This is a must see!
Last Agent to Sell the Property
Coldwell Banker Realty License #01349805 Listed on: 05/31/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,949
Year Built
- Built in 1962
Lot Details
- 7,405 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Chain Link Fence
- Private Yard
Parking
- 2 Car Garage
- Parking Available
- Driveway
Home Design
- 2,346 Sq Ft Home
- Triplex
- Composition Roof
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Additional Features
- Laundry Room
- Exterior Lighting
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tenant pays for cable TV, electricity
- Legal Lot and Block 9 / 113
- Assessor Parcel Number 117242010
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
- Gardener Expense $1,200
- Insurance Expense $1,910
- Maintenance Expense $4,230
- Pest Control $240
- Professional Management Expense $2,400
- Trash Expense $529
- Water Sewer Expense $2,511
- Operating Expense $12,543
- Gross Income $39,000
- Net Operating Income $26,457
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2021
Closed on
Jun 17, 2021
Sold by
Dawson Norma Sue and The Norma Sue Dawson Living Tr
Bought by
Terpstra Nicholas and Rebekah J Needham Trust
Seller's Agent
Lisa Anderson
Coldwell Banker Realty
Buyer's Agent
Brian Boyd
Boyd Real Estate
List Price
$699,888
Sold Price
$753,888
Premium/Discount to List
$54,000
7.72%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,490
Avg. Annual Appreciation
1.43%
Purchase Details
Closed on
Feb 16, 2021
Sold by
Dawson Norma Sue
Bought by
Dawson Norma Sue and The Norma Sue Dawson Living Tr
Purchase Details
Closed on
Aug 21, 2007
Sold by
Dawson Stanley R and Dawson Norma Sue
Bought by
Dawson Stanley R and Dawson Norma Sue
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Terpstra Nicholas | $754,000 | Western Resources Title | |
| Dawson Norma Sue | -- | None Available | |
| Dawson Stanley R | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/28/2021 06/28/21 | Sold | $753,888 | 0.0% | $321 / Sq Ft |
| 06/08/2021 06/08/21 | Pending | -- | -- | -- |
| 06/06/2021 06/06/21 | Off Market | $753,888 | -- | -- |
| 05/31/2021 05/31/21 | For Sale | $699,888 | -- | $298 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,949 | $816,029 | $203,496 | $612,533 |
| 2023 | $8,949 | $784,344 | $195,595 | $588,749 |
| 2022 | $8,666 | $768,965 | $191,760 | $577,205 |
| 2021 | $905 | $74,670 | $15,944 | $58,726 |
| 2020 | $896 | $73,905 | $15,781 | $58,124 |
| 2019 | $877 | $72,457 | $15,472 | $56,985 |
| 2018 | $859 | $71,037 | $15,170 | $55,867 |
| 2017 | $839 | $69,645 | $14,873 | $54,772 |
| 2016 | $830 | $68,281 | $14,582 | $53,699 |
| 2015 | $813 | $67,258 | $14,364 | $52,894 |
| 2014 | $788 | $65,943 | $14,084 | $51,859 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Anderson
-
Brian Boyd
B
Buyer's Agent in 2021
Brian Boyd
Boyd Real Estate
(951) 743-9645
1 in this area
36 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21096840
APN: 117-242-010
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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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