NOT LISTED FOR SALE

Estimated Value: $1,140,000 - $1,331,792

8 Beds
4 Baths
3,850 Sq Ft
$328/Sq Ft Est. Value

Last Sold June 16, 2014

Last sale price $640,000 $166 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $7,804/month

11 Days on Market

About This Home

As of June 2014

High demand Corona location. 100% large townhome units, 2BR/1.5BR's. Great location across from Corona High School and near other middle schools, walking distance from CVS and other shopping centers. Carport parking and community laundry room next door. DRIVE BY ONLY, PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

John Stephens

KW COMMERCIAL License #01238307 Listed on: 04/03/2014

KW COMMERCIAL

Last Buyer's Agent

John Stephens

KW COMMERCIAL License #01238307 Listed on: 04/03/2014

KW COMMERCIAL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,613

Year Built

  • Built in 1970

Lot Details

  • 7,184 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 3,850 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 2857
  • Assessor Parcel Number 110050008

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • Gardener Expense $840
  • Insurance Expense $1,049
  • Maintenance Expense $748
  • Pest Control $480
  • Trash Expense $1,467
  • Water Sewer Expense $4,252
  • New Taxes Expense $7,132
  • Gross Income $4,100
  • Net Operating Income $32,013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,613

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Price Per Unit: 162250
  • Property Attached: Yes
  • Water Sewer Expenses: 4252.00
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 110050008
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 166.23

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Community
  • Pest Control Expense: 480.00
  • Trash Expense: 1467.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7184.00
  • Lot Size Acres: 0.1650

Multi Family

  • Average2 Bed Area: 950
  • Gross Income: 4100.00
  • Gross Scheduled Income: 49200.00
  • Insurance Expense: 1049.00
  • Lot Size Area: 7184.0000 Square Feet
  • Maintenance Expense: 748.00
  • Net Operating Income: 32013.00
  • Number Of Separate Electric Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 17187.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7132.00
  • Tax Lot: 2
  • Tax Tract Number: 2857

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2014
Closed on
Jun 2, 2014
Sold by
Stephens John and Stephens Anna
Bought by
Seapy Elisa and Laycock William R
Seller's Agent
John Stephens
KW COMMERCIAL
Buyer's Agent
John Stephens
KW COMMERCIAL
List Price
$649,000
Sold Price
$640,000
Premium/Discount to List
-$9,000
-1.39%
Total Days on Market
11
Current Estimated Value
$1,262,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$622,198
Avg. Annual Appreciation
6.39%
Original Mortgage
$480,000
Outstanding Balance
$158,285
Interest Rate
3.35%
Mortgage Type
Commercial
Estimated Equity
$1,103,913

Purchase Details

Closed on
Apr 22, 2005
Sold by
Bristol Frank and Bristol Thelma
Bought by
Bristol Frank and Bristol Thelma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
5.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 4, 2005
Sold by
Bristol Frank and Bristol Thelma
Bought by
Stephens John and Stephens Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
5.99%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 2003
Sold by
Bristol Frank and Bristol Thelma
Bought by
Bristol Frank and Bristol Thelma

Purchase Details

Closed on
Jul 3, 1997
Sold by
Ozkarahan Mehmet Kemal and Vanness Mark
Bought by
Bristol Carmen A and Bristol Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 8, 1995
Sold by
Simkins Donald C and Simkins Julie Marie
Bought by
Fidelity Federal Bank Fsb
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
Seapy Elisa $640,000 Fidelity National Title Co
Bristol Frank -- Fidelity National Title Co
Stephens John $450,000 Fidelity National Title Co
Bristol Frank -- --
Bristol Carmen A $175,000 Fidelity National Title
Fidelity Federal Bank Fsb $70,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seapy Elisa $480,000
Previous Owner Stephens John $305,300
Previous Owner Stephens John $331,000
Previous Owner Stephens John $337,500
Previous Owner Bristol Carmen A $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2014 06/16/14 Sold $640,000 -1.4% $166 / Sq Ft
04/14/2014 04/14/14 Pending -- -- --
04/03/2014 04/03/14 For Sale $649,000 -- $169 / 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
2023 $8,613 $754,076 $130,780 $623,296
2022 $8,341 $739,291 $128,216 $611,075
2021 $8,176 $724,796 $125,702 $599,094
2020 $8,086 $717,366 $124,414 $592,952
2019 $7,899 $703,301 $121,975 $581,326
2018 $7,722 $689,512 $119,585 $569,927
2017 $7,532 $675,993 $117,241 $558,752
2016 $7,460 $662,740 $114,943 $547,797
2015 $7,297 $652,786 $113,217 $539,569
2014 $4,423 $400,000 $111,000 $289,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14068362

California Regional Multiple Listing Service (CRMLS)

APN: 110-050-008