NOT LISTED FOR SALE

940 Cimarron Ln Corona, CA 92879

Corona Ranch Neighborhood

Estimated Value: $700,000 - $745,000

4 Beds
2.5 Baths
1,872 Sq Ft
$140/mo HOA Fee

Last Sold February 03, 2016

Last sale price $360,000 $192 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $4,294/month

26 Days on Market

Highlights

  • Community Pool
  • 2 Car Attached Garage
  • Front Yard
  • Centennial High School Rated A-
  • Central Heating and Cooling System

About This Home

As of February 2016

Well located Family Home in Corona Ranch. Great floor plan with 4 Bedrooms, 2.5 Baths, Formal Dining Room, Living Room, Open Kitchen to a Family Room. Great master with walking closet, convenient upstairs laundry. Back yard with mobile BBQ, direct access to the two car garage.

Last Agent to Sell the Property

Ana Vargas

Coast To Coast Realty License #01096524 Listed on: 11/08/2015

Last Buyer's Agent

Solemon NIAZI

REALTY ONE GROUP TRILOGY License #01380358

REALTY ONE GROUP TRILOGY

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1996

Lot Details

  • No Common Walls
  • Front Yard

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • 1,872 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 22074
  • Assessor Parcel Number 122262015

Community Details

Overview

  • 95 Units
  • La Paloma Home Owner Association, Phone Number (951) 371-2727

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1996

Lot Details

0

HOA Fees

$140 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 122262015
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1872.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: Two
  • Price Per Square Foot: 192.31
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 1215
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 140.00
  • Association Fee Frequency: Monthly
  • Association Name: La Paloma Home Owner Association
  • Phone: 951-371-2727
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 95

Tax Info

  • Tax Lot: 29
  • Tax Tract Number: 22074

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2024
Sold by
Farhad Qamar H and Farhad Bashir A
Bought by
Farhad Qamar H
Current Estimated Value
$715,757

Purchase Details

Listed on
Nov 8, 2015
Closed on
Feb 2, 2016
Sold by
Farhad Hamed Kamal
Bought by
Farhad Qamar H
Seller's Agent
Ana Vargas
Coast To Coast Realty
Buyer's Agent
Solemon NIAZI
REALTY ONE GROUP TRILOGY
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$334,640
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2015
Closed on
Dec 8, 2015
Sold by
Camarena Jorge L and Camarena Guillermina
Bought by
Farhad Qamar H and Farhad Bashir A
Seller's Agent
Ana Vargas
Coast To Coast Realty
Buyer's Agent
Solemon NIAZI
REALTY ONE GROUP TRILOGY
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,640
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2008
Sold by
The Bank Of New York Trust
Bought by
Camarena Jorge L and Camarena Guillermina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,983
Interest Rate
6.09%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 2008
Sold by
Akintewe Oluseyi
Bought by
The Bank Of New York

Purchase Details

Closed on
Feb 9, 2004
Sold by
Benjamin Matthew and Akintewe Oluseyi
Bought by
Akintewe Oluseyi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,750
Interest Rate
6.99%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 10, 2003
Sold by
Benjamin Matthew
Bought by
Benjamin Matthew and Akintewe Oluseyi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,138
Interest Rate
8.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2002
Sold by
Akinpeloye Seyi
Bought by
Benjamin Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,800
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 1998
Sold by
Hud
Bought by
Akinpeloye Seyi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 1997
Sold by
Villasenor Jose G and Villasenor Lucila B
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
May 17, 1997
Sold by
Countrywide Home Loans Inc
Bought by
Hud
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Farhad Qamar H -- None Listed On Document
Farhad Qamar H -- None Listed On Document
Farhad Qamar H -- First American Title Company
Farhad Qamar H $360,000 First American Title Company
Camarena Jorge L $260,000 First American Title Company
The Bank Of New York $435,000 Lsi Title Company Ca
Akintewe Oluseyi -- Chicago Title Co
Benjamin Matthew -- Orange Coast Title
Benjamin Matthew -- Chicago Title Co
Akinpeloye Seyi $150,000 Ati Title
Countrywide Home Loans Inc $157,322 Landsafe Title
Hud -- Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farhad Qamar H $334,640
Previous Owner Camarena Jorge L $255,983
Previous Owner Akintewe Oluseyi $327,750
Previous Owner Benjamin Matthew $272,138
Previous Owner Benjamin Matthew $193,800
Previous Owner Akinpeloye Seyi $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2016 02/03/16 Sold $360,000 +2.9% $192 / Sq Ft
12/04/2015 12/04/15 Pending -- -- --
12/01/2015 12/01/15 For Sale $350,000 0.0% $187 / Sq Ft
11/24/2015 11/24/15 Pending -- -- --
11/08/2015 11/08/15 For Sale $350,000 -- $187 / 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 $4,926 $647,356 $171,312 $476,044
2023 $4,926 $409,614 $56,888 $352,726
2022 $4,779 $401,583 $55,773 $345,810
2021 $4,690 $393,710 $54,680 $339,030
2020 $4,642 $389,674 $54,120 $335,554
2019 $4,540 $382,034 $53,059 $328,975
2018 $4,596 $374,544 $52,020 $322,524
2017 $5,146 $367,200 $51,000 $316,200
2016 $4,244 $282,824 $108,777 $174,047
2015 $4,158 $278,578 $107,144 $171,434
2014 $4,102 $273,124 $105,047 $168,077
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Ana Vargas

    Coast To Coast Realty

  • S

    Buyer's Agent in 2016

    Solemon NIAZI

    REALTY ONE GROUP TRILOGY

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15243142

California Regional Multiple Listing Service (CRMLS)

APN: 122-262-015

California Riverside County Corona 92879 Corona Ranch

940 Cimarron Ln, Corona, CA

Not Listed for Sale

Condos

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