NOT LISTED FOR SALE

949 Palermo Ln Unit 131 Corona, CA 92879

Corona Ranch Neighborhood

Estimated Value: $642,890 - $688,000

3 Beds
2.5 Baths
1,273 Sq Ft
$522/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $349,950 $275 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,970/month

8 Days on Market

Highlights

  • Above Ground Spa
  • Bamboo Flooring
  • 2 Car Attached Garage
  • View of Hills
  • Covered patio or porch
  • Walk-In Closet

About This Home

As of October 2014

This is a deal! Motivated seller, fell out of escrow. Appraised at 355k. This is a terrific home at a fantastic price. 3 bedroom, two and a half baths. Beautifully maintained and upgraded home. High ceilings, upgraded bamboo flooring, updated kitchen with granite. Comfy bright living area with a fireplace focal point and you just have to see the wonderful outdoor living area with covered patio and private spa. Freshly painted exterior as well. All this in a great location close to the 91/15 freeways, golf and shopping. What more could you want?

Last Agent to Sell the Property

Hugo Balarezo

ELITE GROUP REALTY License #00892739 Listed on: 09/30/2014

Last Buyer's Agent

Celeste Pafford

CLP Realty, LLC License #01842547

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,871

Year Built

  • Built in 1995

Lot Details

  • 3,049

HOA Fees

  • $72 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Planned Development
  • Stucco

Interior Spaces

  • 1,273 Sq Ft Home
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Views of Hills

Flooring

  • Bamboo
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Above Ground Spa
  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage

Additional Features

  • 3,049 Sq Ft Lot
  • Suburban Location

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 23926
  • Assessor Parcel Number 122441072

Community Details

Overview

  • Corona Ranch Terrace Association, Phone Number (909) 981-7631
  • Foothills

Amenities

  • Picnic Area

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,871

Year Built

Built in 1995

Lot Details

0

HOA Fees

$72 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 122441072
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1273.00
  • Common Walls: No Common Walls
  • Flooring: Bamboo, Stone
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 274.90
  • Room Type: Entry, Living Room, Walk-In Closet
  • Spa Features: Above Ground

Exterior Features

  • Patio: Yes
  • View: Hills
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Playground
  • Association Fee: 72.00
  • Association Fee Frequency: Monthly
  • Association Name: Corona Ranch Terrace
  • Phone: 9099817631
  • Senior Community: No
  • Community Features: Curbs, Foothills, Street Lights, Suburban

Lot Info

  • Lot Features: Planned Unit Development
  • Lot Size Sq Ft: 3049.00
  • Lot Size Acres: 0.0700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3049.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 23926

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2017
Sold by
Lopez Jose Ramon and Lopez Yvonne
Bought by
Huang Chaoyang and Kong Haiying Helen
Current Estimated Value
$637,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2014
Closed on
Oct 14, 2014
Sold by
Petrichella John David and Petrichella Giana Marie
Bought by
Lopez Jose Ramon and Lopez Yvonne
Seller's Agent
Hugo Balarezo
ELITE GROUP REALTY
Buyer's Agent
Celeste Pafford
CLP Realty, LLC
List Price
$349,950
Sold Price
$349,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$343,610
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 16, 2013
Sold by
Petrichella John David and Petrichella Giana Marie
Bought by
Petrichella John David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,460
Interest Rate
3.49%
Mortgage Type
VA

Purchase Details

Closed on
Jan 11, 2013
Sold by
Petrichella John David
Bought by
Petrichella John David and Petrichella Giana Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,460
Interest Rate
3.49%
Mortgage Type
VA

Purchase Details

Closed on
Jun 29, 2012
Sold by
Petrichella John D
Bought by
Petrichella John David and Petrichella Giana Marie

Purchase Details

Closed on
Nov 11, 2011
Sold by
Petrichella John
Bought by
Petrichella John David and Petrichella Giana Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,079
Interest Rate
3.93%
Mortgage Type
VA

Purchase Details

Closed on
Nov 7, 2011
Sold by
Petrichella John D
Bought by
Petrichella John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,079
Interest Rate
3.93%
Mortgage Type
VA

Purchase Details

Closed on
Jul 10, 2011
Sold by
Petrichella John D
Bought by
The John David Petrichella Living Trust

Purchase Details

Closed on
Mar 30, 2011
Sold by
Kawaja Rhonda
Bought by
Petrichella John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
4.96%
Mortgage Type
VA

Purchase Details

Closed on
May 8, 2010
Sold by
Cortes Roberto C
Bought by
949 Palermo Ln Revocable Trust

Purchase Details

Closed on
May 7, 2010
Sold by
Cortes Roberto C
Bought by
949 Palermo Ln Revocable Trust

Purchase Details

Closed on
Jan 23, 2006
Sold by
Thomas Mahsa
Bought by
Cortes Roberto C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2003
Sold by
Long Ryan R and Long Jennifer L
Bought by
Thomas Mahsa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2001
Sold by
Boswell David E and Boswell Michelle L
Bought by
Long Ryan R and Long Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,050
Interest Rate
6.97%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 1999
Sold by
Boswell David E and Magana Michelle L
Bought by
Boswell David E and Boswell Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
May 3, 1996
Sold by
M J Brock & Sons Inc
Bought by
Boswell David E and Magana Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,850
Interest Rate
8.09%
Mortgage Type
FHA
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
Huang Chaoyang $370,000 First American Title Company
Lopez Jose Ramon $350,000 Ticor Title
Petrichella John David -- Pacific Coast Title Company
Petrichella John David -- Pacific Coast Title Company
Petrichella John David -- First American Title Company
Petrichella John D -- First American Title Company
Petrichella John David -- None Available
Petrichella John D -- Pacific Coast Title Company
The John David Petrichella Living Trust -- None Available
Petrichella John $244,000 Pacific Coast Title
949 Palermo Ln Revocable Trust -- None Available
949 Palermo Ln Revocable Trust -- Pacific Coast Title Company
Cortes Roberto C -- Pacific Coast Title Company
Cortes Roberto C $445,000 California Title Company
Thomas Mahsa $320,000 First Southwestern Title Co
Long Ryan R $185,000 Old Republic Title Company
Boswell David E -- American Title Co
Boswell David E $134,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Chaoyang $277,000
Previous Owner Huang Chaoyang $296,000
Previous Owner Lopez Jose Ramon $343,610
Previous Owner Petrichella John David $251,460
Previous Owner Petrichella John D $247,079
Previous Owner Petrichella John $244,000
Previous Owner Cortes Roberto C $356,000
Previous Owner Thomas Mahsa $320,000
Previous Owner Thomas Mahsa $80,000
Previous Owner Thomas Mahsa $256,000
Previous Owner Long Ryan R $196,000
Previous Owner Long Ryan R $179,050
Previous Owner Boswell David E $149,600
Previous Owner Boswell David E $129,850
Closed Thomas Mahsa $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $349,950 0.0% $275 / Sq Ft
10/08/2014 10/08/14 Pending -- -- --
09/30/2014 09/30/14 For Sale $349,950 -- $275 / 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 $4,871 $420,990 $91,023 $329,967
2023 $4,871 $404,645 $87,490 $317,155
2022 $4,726 $396,712 $85,775 $310,937
2021 $4,638 $388,935 $84,094 $304,841
2020 $4,590 $384,948 $83,232 $301,716
2019 $4,490 $377,400 $81,600 $295,800
2018 $4,543 $370,000 $80,000 $290,000
2017 $5,078 $362,443 $51,777 $310,666
2016 $5,036 $355,337 $50,762 $304,575
2015 $4,933 $350,000 $50,000 $300,000
2014 $1,853 $255,007 $31,353 $223,654
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2014

    Hugo Balarezo

    ELITE GROUP REALTY

    Section Image

  • C

    Buyer's Agent in 2014

    Celeste Pafford

    CLP Realty, LLC

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14210056

California Regional Multiple Listing Service (CRMLS)

APN: 122-441-072

California Riverside County Corona 92879 Corona Ranch

949 Palermo Ln Unit 131, Corona, CA

This home is located at 949 Palermo Ln Unit 131, Corona, CA 92879 since 30 September 2014 and is currently estimated at $664,723, approximately $522 per square foot. This property was built in 1995. 949 Palermo Ln Unit 131 is a home located in Riverside County with nearby schools including Corona Ranch Elementary School, 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

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