R
Seller's Agent in 2017
Ray Kottapalli
Ray Kottapalli
(562) 659-4518
22 Total Sales
993 S Smith Ave Corona, CA 92882
Central Corona NeighborhoodEstimated Value: $873,575 - $1,043,000
3
Beds
2
Baths
2,740
Sq Ft
$353/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- Cooling System Mounted To A Wall/Window
- Tile Flooring
- Benjamin Franklin Elementary School Rated A-
- Laundry Room
- Floor Furnace
About This Home
As of December 2017This home is located at 993 S Smith Ave, Corona, CA 92882 since 24 April 2017 and is currently estimated at $967,894, approximately $353 per square foot. This property was built in 1960. 993 S Smith Ave is a home located in Riverside County with nearby schools including Benjamin Franklin Elementary School, Letha Raney Intermediate School, and Corona High School.
Last Agent to Sell the Property
Ray Kottapalli License #00978654 Listed on: 04/24/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 7,841 Sq Ft Lot
- Two or More Common Walls
- Barbed Wire
- Density is 11-15 Units/Acre
Home Design
- Property Attached
Interior Spaces
- 2,740 Sq Ft Home
- Tile Flooring
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- All Bedrooms Down
- 2 Bathrooms
Parking
- 4 Open Parking Spaces
- 8 Parking Spaces
- 4 Carport Spaces
- Parking Available
- Assigned Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Floor Furnace
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Legal Lot and Block 110 / 030
- Tax Tract Number 26
- Assessor Parcel Number 110030026
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Cable TV Expense $400
- Electric Expense $700
- Insurance Expense $1,100
- Maintenance Expense $420
- Trash Expense $2,400
- Water Sewer Expense $3,180
- New Taxes Expense $8,125
- Operating Expense $16,325
- Gross Income $56,400
- Net Operating Income $38,383
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2017
Closed on
Nov 15, 2017
Sold by
Dhillon Raman
Bought by
Kumar Navdeep
Seller's Agent
Ray Kottapalli
Ray Kottapalli
Buyer's Agent
Eric Chen
CB RICHARD ELLIS
List Price
$769,900
Sold Price
$647,500
Premium/Discount to List
-$122,400
-15.9%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,394
Avg. Annual Appreciation
5.07%
Original Mortgage
$78,000
Outstanding Balance
$65,515
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$902,379
Purchase Details
Listed on
Apr 24, 2017
Closed on
Nov 9, 2017
Sold by
Kuma Navdeep
Bought by
Doraiswamy Mohan
Seller's Agent
Ray Kottapalli
Ray Kottapalli
Buyer's Agent
Eric Chen
CB RICHARD ELLIS
List Price
$769,900
Sold Price
$647,500
Premium/Discount to List
-$122,400
-15.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Outstanding Balance
$65,515
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$902,379
Purchase Details
Closed on
May 24, 2005
Sold by
Mohan Devika
Bought by
Doraiswamy Mohan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 25, 2005
Sold by
Arciniega Mario A and Arciniega Marcella T
Bought by
Doraiswamy Mohan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 6, 2004
Sold by
Williams Roger L
Bought by
Arciniega Mario A and Arciniega Marcella T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.37%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 19, 2002
Sold by
Williams Roger L
Bought by
Williams Roger L
Purchase Details
Closed on
Jan 13, 2000
Sold by
Lowe Katherine Brezina
Bought by
Williams Roger L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
8.06%
Mortgage Type
Commercial
Purchase Details
Closed on
May 14, 1999
Sold by
Katherine Barky and Brezina Katherine Brezina
Bought by
Lowe Md Katherine Brezina
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kumar Navdeep | -- | Old Republic Title Company | |
| Doraiswamy Mohan | -- | Old Republic Title Company | |
| Doraiswamy Mohan | -- | Commonwealth Land Title | |
| Doraiswamy Mohan | $550,000 | Commonwealth Land Title | |
| Arciniega Mario A | $420,000 | Orange Coast Title Co | |
| Williams Roger L | -- | -- | |
| Williams Roger L | $177,500 | Lawyers Title Company | |
| Lowe Md Katherine Brezina | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Doraiswamy Mohan | $78,000 | |
| Previous Owner | Doraiswamy Mohan | $385,000 | |
| Previous Owner | Arciniega Mario A | $315,000 | |
| Previous Owner | Williams Roger L | $127,500 | |
| Closed | Arciniega Mario A | $63,000 | |
| Closed | Doraiswamy Mohan | $110,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2017 12/05/17 | Sold | $647,500 | -3.3% | $236 / Sq Ft |
| 08/07/2017 08/07/17 | Price Changed | $669,900 | -13.0% | $244 / Sq Ft |
| 04/24/2017 04/24/17 | For Sale | $769,900 | -- | $281 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,124 | $736,739 | $174,085 | $562,654 |
| 2023 | $8,124 | $708,132 | $167,326 | $540,806 |
| 2022 | $7,868 | $694,248 | $164,046 | $530,202 |
| 2021 | $7,713 | $680,636 | $160,830 | $519,806 |
| 2020 | $7,629 | $673,658 | $159,181 | $514,477 |
| 2019 | $7,453 | $660,450 | $156,060 | $504,390 |
| 2018 | $7,286 | $647,500 | $153,000 | $494,500 |
| 2017 | $5,435 | $483,000 | $110,250 | $372,750 |
| 2016 | $5,488 | $483,000 | $110,250 | $372,750 |
| 2015 | $5,195 | $460,000 | $105,000 | $355,000 |
| 2014 | $5,105 | $460,000 | $105,000 | $355,000 |
Source: Public Records
Agents Affiliated with this Home
-
Ray Kottapalli
-
Eric Chen
Buyer's Agent in 2017
Eric Chen
CB RICHARD ELLIS
(909) 418-2030
4 in this area
66 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW17089445
APN: 110-030-026
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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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