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1248 Palos Verdes Drive

1248 Palos Verdes Drive, Corona, CA 92880
Property in North Corona
Sold Mar 16, 2012
$240,000
$192,000 by The Bank Of East Asia Usa Na
Mortgage Due Apr 01, 2027
Sold Jun 30, 2011
$225,000
1248 Palos Verdes Drive in Corona, CA was first built in 1983 and is 41 years old. Although, the building on the property was most recently renovated and altered in 1984. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1248 Palos Verdes Drive has 1,981 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 9,148 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of wood shake/ shingles. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 441 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Mar 12, 2012 for $240,000. That's $99.09 per sqft. Prior to that sales transaction, the property was also sold in Jun 13, 2011 for $225,000. 1248 Palos Verdes Drive was last assessed in 2023. The total value of the property was assessed at $289,735. Specifically, the land the property is located on was valued at $96,576. While improvements on the property were assessed at a total of $193,159. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,297. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Bungalow
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 2,422
  • Gross Building Area: 2,422
  • Building Area: 1,981
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,981
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .21 ACRES NET IN LOT 90 MB 116/073 TR 11667-4

Ownership

  • Current Owner : LU TING
  • Previous Owner : NEW LIFE LANDS LLC
  • Owner Before Previous Owner: PARDO JESUS
  • Owner Before Previous Owner 2: PARDO BENITA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Corona-Norco Unified School District
  • Census Tract: 040808

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 11667-4
  • Parcel: 119-425-009
  • Lot: 90
  • Municipality: CORONA
  • Latitude: 33.8982
  • Longitude: -117.582

    Address

  • Full Address: 1248 Palos Verde Dr
  • Address - House Number: 1248
  • Address - Street Name: Palos Verde
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Corona
  • Carrier Code: C080
  • 4-Digit Zip Code: 7716
  • Zip Code: 92878

Valuation

    Tax

  • Total Area: 1,981
  • Tax Year: 2023
  • Tax Amount: $3,297
  • Tax Rate Code Area: 004-018

    Appraisal Valuation

  • Standard Deviation: 0.1674
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 78
  • Final Value: 714,941
  • High Value: 834,654
  • Low Value: 595,229

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $192,000
  • First Open Lien Mortgage Lender: THE BANK OF EAST ASIA USA NA
  • First Open Lien Mortgage Recording Date: Mar 16, 2012
  • First Open Lien Mortgage Loan Amount: $192,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2027

    Market Valuation

  • Market Total Value: $508,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $289,735
  • Assessed Land Value: $96,576
  • Assessed Improvements Value: $193,159

    Sales

  • Current Sale Contract Date: Mar 12, 2012
  • Current Sale Recording Date: Mar 16, 2012
  • Current Sale Transaction ID: 1049821752
  • Current Sale Price: $240,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2012-0124697
  • Previous Sale Recording Date: Jun 30, 2011
  • Previous Sale Contract Date: Jun 13, 2011
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE BANK OF EAST ASIA USA NA
  • First Mortgage Transaction Date: Mar 16, 2012
  • First Mortgage Loan Amount: $192,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2027

About North Corona



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740 Savi Drive #101, Corona, CA, 92878 Listing by JASON SPARKS

Frequently Asked Questions

What neighborhood is 1248 Palos Verdes Drive located in?
The 1248 Palos Verdes Drive is a located in the neighborhood of North Corona in North Corona, Corona.
What is the average sales price for listings in 1248 Palos Verdes Drive?
The average sales price for units in 1248 Palos Verdes Drive is $0 currently.

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