NOT LISTED FOR SALE

Estimated Value: $652,000 - $876,811

4 Beds
3 Baths
1,856 Sq Ft
$423/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $565,000 $304 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,845/month

9 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • Centennial High School Rated A-
  • Laundry Room
  • 1-minute walk to Victoria Park

About This Home

As of October 2019

Perfect investment property in the heart of Corona. One separate unit is a two bedroom one bath spacious open floor plan. Two additional units one bedroom one bath each. Each unit has a detached one car garage. All three units have newer AC and separate meters. Indoor laundry. Close to park and shopping.

Last Agent to Sell the Property

Shawna Foster

Coldwell Banker Realty License #01327199 Listed on: 10/08/2019

Coldwell Banker Realty

Last Buyer's Agent

Henry Cossio

Real Broker License #01518677

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,794

Year Built

  • Built in 1957

Lot Details

  • 7,841 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 1,856 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Carpet
  • Convection Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 111
  • Assessor Parcel Number 117233001

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $725
  • Pest Control $360
  • Trash Expense $648
  • Water Sewer Expense $300
  • New Taxes Expense $925
  • Operating Expense $2,378
  • Gross Income $33,000
  • Net Operating Income $30,622

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,794

Year Built

Built in 1957

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 300.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 117233001
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 304.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Pest Control Expense: 360.00
  • Sewer: Public Sewer
  • Trash Expense: 648.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Gross Income: 33000.00
  • Gross Scheduled Income: 33000.00
  • Insurance Expense: 725.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 30622.00
  • Number Of Rented Garages: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 2378.00
  • Rent Control: No
  • Total Expenses: 2378.00

Tax Info

  • New Taxes Expense: 925.00
  • Tax Lot: 1
  • Tax Tract Number: 111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2019
Closed on
Oct 24, 2019
Sold by
Salinas Veronica
Bought by
Cossio Henry
Seller's Agent
Shawna Foster
Coldwell Banker Realty
Buyer's Agent
Henry Cossio
Real Broker
List Price
$565,000
Sold Price
$565,000
Current Estimated Value
$785,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,203
Avg. Annual Appreciation
5.82%
Original Mortgage
$595,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 8, 2019
Closed on
Oct 23, 2019
Sold by
Russell Ronald
Bought by
Cossio Henry
Seller's Agent
Shawna Foster
Coldwell Banker Realty
Buyer's Agent
Henry Cossio
Real Broker
List Price
$565,000
Sold Price
$565,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 18, 2013
Sold by
Russell Marjorie and Russell Ronald A
Bought by
Russell Marjorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,700
Interest Rate
3.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 2005
Sold by
Russell Max W
Bought by
Russell Max W and Russell Marjorie

Purchase Details

Closed on
Feb 19, 1997
Sold by
Russell Cecil P
Bought by
Russell Max W

Purchase Details

Closed on
Nov 14, 1994
Sold by
Russell Cecil P
Bought by
Russell Cecil P and Russell Max W
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
Cossio Henry -- Ticor Title Riverside
Cossio Henry $565,000 Ticor Title
Russell Marjorie -- Title Source
Russell Marjorie -- Title Source
Russell Max W -- --
Russell Max W -- --
Russell Cecil P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cossio Henry $435,000
Closed Cossio Henry $595,000
Previous Owner Russell Marjorie $151,700
Previous Owner Russell Max W $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $565,000 0.0% $304 / Sq Ft
10/17/2019 10/17/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $565,000 -- $304 / 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 $6,794 $617,905 $82,021 $535,884
2023 $6,794 $593,913 $78,837 $515,076
2022 $6,580 $582,269 $77,292 $504,977
2021 $6,449 $570,853 $75,777 $495,076
2020 $6,379 $565,000 $75,000 $490,000
2019 $762 $62,112 $17,062 $45,050
2018 $746 $60,895 $16,728 $44,167
2017 $729 $59,701 $16,400 $43,301
2016 $721 $58,531 $16,079 $42,452
2015 $707 $57,654 $15,839 $41,815
2014 $686 $56,527 $15,530 $40,997
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG19238802

California Regional Multiple Listing Service (CRMLS)

APN: 117-233-001