NOT LISTED FOR SALE

969 Palermo Ln Corona, CA 92879

Corona Ranch Neighborhood

Estimated Value: $720,736 - $783,000

4 Beds
2.5 Baths
1,778 Sq Ft
$425/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $370,000 $208 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,590/month

Highlights

  • Fireplace
  • Central Air
  • Rectangular Lot
  • 2 Car Attached Garage

About This Home

As of May 2014

This home is located in a very desirable area of the Corona Hills and vicinity of golf courses. This quiet, safe and clean locality has an association park and excellent school district for children. It is also within easy reach of the 91 and 15 freeways. Title of this large house shows 4 beds with 3 baths but in actuality its 4th bedroom is a big loft that can be used for multiple purposes as desired. All beds upstairs. The master suite has dual sinks, separate shower, jetted bathtub and walk-in closet. It also has a balcony with views of mountains on both sides. The whole house has very nice open floor plan with view of bright blue sky from every room. Living room has vaulted ceiling.
This house has been totally remodeled including brand new granite counters, high-end stainless appliances, carpet, shutter-look blinds, chandeliers and fresh paint. The yards have been professionally landscaped, including automated sprinkler system. It also includes a nice water fountain for soothing relaxation while you are enjoying in the backyard.

Last Agent to Sell the Property

Vasanthy William

Pinnacle Estate Properties License #01432622 Listed on: 04/18/2014

Pinnacle Estate Properties

Co-Listed By

David William

Pinnacle Estate Properties License #01909932

Last Buyer's Agent

Ryan Peterson

Gold Coast Realty License #01784708

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,225

Year Built

  • Built in 1995

Lot Details

  • 3,485 Sq Ft Lot
  • Rectangular Lot

HOA Fees

  • $72 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,778 Sq Ft Home
  • Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 129
  • Tax Tract Number 129
  • Assessor Parcel Number 122441070

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,225

Year Built

Built in 1995

Lot Details

0

HOA Fees

$72 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 122441070
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1778.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: Two
  • Price Per Square Foot: 208.10
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 72.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 3485.00
  • Lot Size Acres: 0.0800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3485.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 129
  • Tax Tract Number: 129

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2014
Closed on
Apr 22, 2014
Sold by
Pasi Prabhakar
Bought by
Ordonez Carlos A and Rosas Araceli
Seller's Agent
Vasanthy William
Pinnacle Estate Properties
Buyer's Agent
Ryan Peterson
Gold Coast Realty
List Price
$399,000
Sold Price
$370,000
Premium/Discount to List
-$29,000
-7.27%
Current Estimated Value
$745,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,651
Avg. Annual Appreciation
6.45%
Original Mortgage
$296,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2013
Closed on
Dec 2, 2013
Sold by
Pasi Chitralekha
Bought by
Pasi Prabhakar
Seller's Agent
Vasanthy William
Pinnacle Estate Properties
Buyer's Agent
Neela Soni
No Firm Affiliation
List Price
$309,000
Sold Price
$309,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.72%
Original Mortgage
$247,200
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2013
Closed on
Nov 6, 2013
Sold by
Prasad Bharat K
Bought by
Pasi Prabhakar
Seller's Agent
Vasanthy William
Pinnacle Estate Properties
Buyer's Agent
Neela Soni
No Firm Affiliation
List Price
$309,000
Sold Price
$309,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2005
Sold by
Prasad Geeta Bharat
Bought by
Prasad Bharat K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,920
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2004
Sold by
Vernu Pauline
Bought by
Vernu Sivakkolundu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2004
Sold by
Steppe Dennis L and Steppe Diane J
Bought by
Vernu Sivakkolundu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 1995
Sold by
M J Brock & Sons Inc
Bought by
Steppe Dennis L and Steppe Diane J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,350
Interest Rate
7.38%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ordonez Carlos A $370,000 Priority Title
Pasi Prabhakar -- Priority Title
Pasi Prabhakar $309,000 Priority Title
Prasad Bharat K -- First American Title Company
Prasad Bharat K $475,000 First American Title Company
Vernu Sivakkolundu -- Commonwealth Land Title Co
Vernu Sivakkolundu $420,000 Commonwealth Land Title Co
Steppe Dennis L $147,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ordonez Carlos A $280,139
Closed Ordonez Carlos A $293,495
Closed Ordonez Carlos A $296,000
Previous Owner Pasi Prabhakar $247,200
Previous Owner Prasad Bharat K $379,920
Previous Owner Vernu Sivakkolundu $84,000
Previous Owner Vernu Sivakkolundu $336,000
Previous Owner Steppe Dennis L $140,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2014 05/15/14 Sold $370,000 -7.3% $208 / Sq Ft
04/18/2014 04/18/14 Pending -- -- --
04/18/2014 04/18/14 For Sale $399,000 +29.1% $224 / Sq Ft
12/24/2013 12/24/13 Sold $309,000 0.0% $174 / Sq Ft
11/03/2013 11/03/13 Pending -- -- --
07/31/2013 07/31/13 For Sale $309,000 +23.6% $174 / Sq Ft
12/30/2012 12/30/12 Sold $249,900 0.0% $141 / Sq Ft
06/07/2012 06/07/12 For Sale $249,900 -- $141 / 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 $5,225 $453,555 $61,286 $392,269
2023 $5,225 $435,945 $58,907 $377,038
2022 $5,069 $427,398 $57,752 $369,646
2021 $4,974 $419,019 $56,620 $362,399
2020 $4,922 $414,724 $56,040 $358,684
2019 $4,814 $406,593 $54,942 $351,651
2018 $4,861 $398,621 $53,866 $344,755
2017 $5,391 $390,806 $52,810 $337,996
2016 $5,346 $383,144 $51,775 $331,369
2015 $5,236 $377,392 $50,999 $326,393
2014 $4,469 $308,454 $75,000 $233,454
Source: Public Records

Agents Affiliated with this Home

  • Vasanthy William

    Seller's Agent in 2014

    Vasanthy William

    Pinnacle Estate Properties

    (818) 635-1464

    19 Total Sales

    Section Image

  • D

    Seller Co-Listing Agent in 2014

    David William

    Pinnacle Estate Properties

    (818) 993-7370

    28 Total Sales

    Section Image
  • Ryan Peterson

    Buyer's Agent in 2014

    Ryan Peterson

    Gold Coast Realty

    (714) 423-7433

    1 in this area

    115 Total Sales

    Section Image

  • N

    Buyer's Agent in 2013

    Neela Soni

    No Firm Affiliation

  • K

    Seller's Agent in 2012

    Kelley Bredell

    Realty ONE Group West

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14033279

California Regional Multiple Listing Service (CRMLS)

APN: 122-441-070

California Riverside County Corona 92879 Corona Ranch

969 Palermo Ln, Corona, CA

This home is located at 969 Palermo Ln, Corona, CA 92879 since 18 April 2014 and is currently estimated at $755,684, approximately $425 per square foot. This property was built in 1995. 969 Palermo Ln 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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