NOT LISTED FOR SALE

Estimated Value: $2,160,000 - $2,672,000

5 Beds
5.5 Baths
5,045 Sq Ft
$480/Sq Ft Est. Value

Last Sold October 11, 2012

Last sale price $980,000 $194 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $14,110/month

240 Days on Market

Highlights

  • Built in 2007 | Newly Remodeled
  • Primary Bedroom Suite
  • Custom Home
  • Orange Elementary School Rated A-
  • Panoramic View
  • 0.69 Acre Lot

About This Home

As of October 2012

NEW CUSTOM MODEL HOME, FURNITURE INCLUDED! THIS WON'T LAST! This new custom estate home is in the most prestigious area of South Corona with exquisite views. With 5,045 sq ft of living space inside + almost 1,000 sq ft of exterior covered loggias. 5BR, 5.5BA, 5 car fully finished garages are a must see. Gourmet kitchen features Wolf range, SubZero fridge, dish washer, warming drawer, microwave and pot filler! Travertine & Hardwood flooring. Each bath has an impeccable custom designed tile work. Finest construction quality in Riverside County. Floor Plan: Entry includes courtyard with outdoor fireplace. The first floor has the formal living room and dining room, morning room, kitchen and family room, walk-in pantry, optional wine cellar, guest bedroom and office/library. Custom wrought iron, circular staircase. Upstairs is the sprawling master suite with exposed beams, 3 secondary bedrooms, a bonus room and laundry room. Use your creativity for landscape or conceptual plans included.

Last Agent to Sell the Property

Traci Farrell

Focus Realty, Inc. License #01903217 Listed on: 01/14/2012

Last Buyer's Agent

Traci Farrell

Focus Realty, Inc. License #01903217 Listed on: 01/14/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007 | Newly Remodeled

Lot Details

  • 0.69 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • South Facing Home
  • Block Wall Fence
  • Corner Lot

Parking

  • 5 Car Direct Access Garage
  • Parking Available
  • Circular Driveway

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Custom Home
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Spanish Tile Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 5,045 Sq Ft Home
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Recessed Lighting
  • Wood Burning Fireplace
  • Raised Hearth
  • Fireplace Features Masonry
  • Electric Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Casement Windows
  • French Doors
  • Formal Entry
  • Family Room Off Kitchen
  • Dining Room
  • Den
  • Bonus Room
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Walk-In Pantry
  • Double Oven
  • Cooktop with Range Hood
  • Warming Drawer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite

Laundry

  • Laundry on upper level
  • 220 Volts In Laundry

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits
  • Low Pile Carpeting

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts in Garage

Community Details

  • Property has a Home Owners Association
  • Villa Bellagio

Listing and Financial Details

  • Tax Lot 0.69
  • Tax Tract Number 32385
  • Assessor Parcel Number 116320022

Home Details

Home Type

Single Family

Year Built

Built in 2007 | Newly Remodeled

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Security: Wired for Alarm System
  • Subdivision Name Other: Versante Villas
  • View: Yes
  • Architectural Style: Custom Built
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 116320022
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5045.00
  • Interior Amenities: Built-in Features, Coffered Ceiling(s), Crown Molding, Wired for Data, Granite Counters, Recessed Lighting, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile, Wood
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, 36 Inch Or More Wide Halls, Low Pile Carpeting
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Electric, Gas, Gas Starter, Raised Hearth, Masonry, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 194.25
  • Room Type: Bonus Room, Den, Family Room, Formal Entry, Foyer, Main Floor Bedroom, Master Suite, Walk-In Pantry
  • Window Features: Casement Windows, Double Pane Windows
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Block, Slab
  • Exterior Features: Rain Gutters
  • View: City Lights, Mountain(s), Panoramic
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Covered, Deck
  • Pool Private: No
  • Roof: Clay, Spanish Tile
  • Spa: No
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Concrete, Paved, Driveway, Direct Garage Access
  • Total Parking Spaces: 5.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Built-In, Double Oven, Dishwasher, Free Standing, Disposal, Range Hood, Refrigerator, Cooktop, Warming Drawer
  • Electric: 220 Volts in Garage, 220 Volts in Laundry
  • Heating Type: Central, Forced Air, Natural Gas, Zoned
  • Laundry Features: Inside, Upper Level
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 292.00
  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Cul-De-Sac, Corner Lot
  • Lot Size Sq Ft: 30056.00
  • Lot Size Acres: 0.6900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 30056.0000 Square Feet

Tax Info

  • Tax Lot: 0.69
  • Tax Tract Number: 32385

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2012
Closed on
Sep 17, 2012
Sold by
Bristlecone Versante Villas Inc
Bought by
Kavanagh John Richard and Kavanagh Kimberly Ramsey
Seller's Agent
Traci Farrell
Focus Realty, Inc.
Buyer's Agent
Traci Farrell
Focus Realty, Inc.
List Price
$1,599,000
Sold Price
$980,000
Premium/Discount to List
-$619,000
-38.71%
Current Estimated Value
$2,421,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,441,164
Avg. Annual Appreciation
7.08%
Original Mortgage
$784,000
Outstanding Balance
$542,751
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$1,878,413
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kavanagh John Richard -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kavanagh John Richard $784,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2012 10/11/12 Sold $980,000 -34.4% $194 / Sq Ft
09/10/2012 09/10/12 Pending -- -- --
07/22/2012 07/22/12 Price Changed $1,495,000 +15.4% $296 / Sq Ft
03/20/2012 03/20/12 Price Changed $1,295,000 -13.4% $257 / Sq Ft
03/19/2012 03/19/12 Price Changed $1,495,000 -6.5% $296 / Sq Ft
01/14/2012 01/14/12 For Sale $1,599,000 -- $317 / 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 $17,099 $1,540,085 $344,792 $1,195,293
2023 $17,099 $1,352,832 $331,404 $1,021,428
2022 $15,163 $1,326,306 $324,906 $1,001,400
2021 $14,159 $1,236,752 $318,536 $918,216
2020 $13,354 $1,165,676 $315,270 $850,406
2019 $13,050 $1,142,821 $309,089 $833,732
2018 $12,653 $1,110,610 $303,030 $807,580
2017 $11,808 $1,039,815 $297,089 $742,726
2016 $11,691 $1,019,427 $291,264 $728,163
2015 $11,437 $1,004,116 $286,890 $717,226
2014 $11,024 $984,449 $281,271 $703,178
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S684786

California Regional Multiple Listing Service (CRMLS)

APN: 116-320-022