NOT LISTED FOR SALE

940 N Cota St Corona, CA 92880

North Corona Neighborhood

Estimated Value: $1,159,000 - $1,295,000

8 Beds
8 Baths
4,400 Sq Ft
$283/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $815,000 $185 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,599/month

Highlights

  • No Units Above
  • No HOA
  • Tile Flooring
  • Modern Architecture
  • Cooling System Mounted To A Wall/Window
  • Central Heating

About This Home

As of April 2019

We are pleased to present this excellent and well maintained 4-unit multifamily investment opportunity. All of the units are large townhouse style and have excellent floor plans. Each units includes 2 bedrooms and 1.5 bathrooms. Each units are also individually metered for electricity and gas.

Last Agent to Sell the Property

Robert Pham

SoCal AllOffers License #01260971 Listed on: 03/06/2019

Last Buyer's Agent

Yazen Haddad

E Realty License #01936781

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,971

Year Built

  • Built in 1964

Lot Details

  • 8,127 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

Parking

  • 4 Car Garage
  • 2 Carport Spaces

Home Design

  • Modern Architecture
  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,400 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Upper Level Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • Tax Lot 36
  • Tax Tract Number 2745
  • Assessor Parcel Number 119084008

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $1,855
  • Water Sewer Expense $3,880
  • New Taxes Expense $8,890
  • Operating Expense $16,125
  • Gross Income $64,800
  • Net Operating Income $48,675

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,971

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3880.00
  • Architectural Style: Modern
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 119084008
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Laminate, Tile, Vinyl
  • Levels: Two
  • Price Per Square Foot: 185.23
  • Room Type: All Bedrooms Up

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 4.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 1855.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8127.00
  • Lot Size Acres: 0.1866

Multi Family

  • Gross Income: 64800.00
  • Gross Scheduled Income: 64800.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 8127.0000 Square Feet
  • Net Operating Income: 48675.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 16125.00
  • Rent Control: No
  • Total Expenses: 16125.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 8890.00
  • Tax Lot: 36
  • Tax Tract Number: 2745

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2019
Closed on
Apr 10, 2019
Sold by
Lucky Jv Investments Llc
Bought by
Soliman Nabil and Soliman Demiral
Seller's Agent
Robert Pham
SoCal AllOffers
Buyer's Agent
Yazen Haddad
E Realty
List Price
$825,000
Sold Price
$815,000
Premium/Discount to List
-$10,000
-1.21%
Current Estimated Value
$1,244,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,517
Avg. Annual Appreciation
6.86%
Original Mortgage
$564,900
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2019
Closed on
Mar 4, 2019
Sold by
Soliman Nabil and Soliman Demiral
Bought by
Soliman Nabil and Soliman Demiral
Seller's Agent
Robert Pham
SoCal AllOffers
Buyer's Agent
Yazen Haddad
E Realty
List Price
$825,000
Sold Price
$815,000
Premium/Discount to List
-$10,000
-1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,900
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2012
Sold by
Le Tram Ngoc
Bought by
Lucky Jv Investments Llc

Purchase Details

Closed on
Aug 1, 2007
Sold by
Le Tram Ngoc and Le Ngoc Thu N
Bought by
Le Tram Ngoc

Purchase Details

Closed on
Apr 9, 2004
Sold by
Spira Llc
Bought by
Le Tram Ngoc and Le Ngoc Thu N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,500
Interest Rate
4.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2004
Sold by
Spira Llc
Bought by
Le Tram Ngoc and Le Ngoc Thu N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,500
Interest Rate
4.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 18, 2003
Sold by
New Robert A and New Christine A
Bought by
Spira Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 2000
Sold by
Wicks Brad and Wicks Marcia
Bought by
New Robert and New Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
10.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 25, 1996
Sold by
Fidelity Federal Bank Fsb
Bought by
Wicks Brad and Wicks Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
7.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 1996
Sold by
Guadagno Luigi G and Guadagno Mary G
Bought by
Fidelity Federal Bank Fsb
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Soliman Nabil $815,000 Fidelity Natl Ttl Orange Cnt
Soliman Nabil -- Accommodation
Lucky Jv Investments Llc $375,000 None Available
Le Tram Ngoc -- Accommodation
Le Tram Ngoc $530,000 Fidelity National Title
Le Tram Ngoc $530,000 Fidelity National Title
Spira Llc -- Fnt
New Robert $205,000 North American Title Co
Wicks Brad $103,000 North American Title Co
Fidelity Federal Bank Fsb $82,950 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soliman Nabil $530,500
Closed Soliman Nabil $564,900
Previous Owner Le Tram Ngoc $388,500
Previous Owner Spira Llc $280,000
Previous Owner New Robert $153,750
Previous Owner Wicks Brad $82,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold $815,000 -1.2% $185 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $825,000 -- $188 / 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 $9,971 $909,142 $178,480 $730,662
2023 $9,971 $873,841 $171,550 $702,291
2022 $9,656 $856,708 $168,187 $688,521
2021 $9,465 $839,911 $164,890 $675,021
2020 $9,361 $831,300 $163,200 $668,100
2019 $4,777 $422,237 $158,760 $263,477
2018 $4,670 $413,959 $155,648 $258,311
2017 $4,556 $405,844 $152,597 $253,247
2016 $4,512 $396,900 $121,826 $275,074
2015 $4,260 $378,000 $116,025 $261,975
2014 $4,255 $384,236 $144,473 $239,763
Source: Public Records

Agents Affiliated with this Home

  • Robert Pham

    Seller's Agent in 2019

    Robert Pham

    SoCal AllOffers

    (714) 350-5104

    9 Total Sales

    Robert Pham
    Section Image
  • Yazen Haddad

    Buyer's Agent in 2019

    Yazen Haddad

    E Realty

    (562) 881-9947

    101 Total Sales

    Yazen Haddad
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19050772

California Regional Multiple Listing Service (CRMLS)

APN: 119-084-008

California Riverside County Corona 92860 North Corona

940 N Cota St, Corona, CA

This home is located at 940 N Cota St, Corona, CA 92880 since 06 March 2019 and is currently estimated at $1,244,517, approximately $282 per square foot. This property was built in 1964. 940 N Cota St is a home located in Riverside County with nearby schools including Parkridge Elementary, Auburndale Intermediate, and Norco High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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

Nearby Homes