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12956 Rae Court

12956 Rae Court, Corona, CA 92880
Property in Riverside
Sold Nov 25, 2013
$488,000
$390,000 by Bank Of The West
Mortgage Due Mar 04, 2044
Sold Nov 01, 2013
$395,000
12956 Rae Court in Corona, CA was first built in 2006 and is 18 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 12956 Rae Court has 3,000 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 8,276 square feet.

Learn more about the property and building on this page. The roof of the home is made of tile. 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 630 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. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 12956 Rae Court sold most recently in Nov 13, 2013 for a total of $488,000. If you work out the math, that's approximately a cost of $134.44 per sqft. Before that, the property was also sold for $395,000 in Oct 28, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,519 in taxes each year. The initial year of tax delinquency occurred in 2023. 12956 Rae Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $627,235. If we break it down further, the land itself was valued at $160,829. Improvements to the property, however, were assessed at a total of $466,406. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 630
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 3,630
  • Gross Building Area: 3,630
  • Building Area: 3,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,000
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .19 ACRES M/L IN LOT 24 MB 369/074 TR 29694

Ownership

  • Current Owner : YOW HONG LIP
  • Current Owner 2: HO FELIA VENA
  • Previous Owner : PEGASUS CAPITAL GROUP LLC
  • Owner Before Previous Owner: FONTAMILLAS JOHN D
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Corona-Norco Unified School District
  • Census Tract: 040616

Zoning

  • Zoning: R4

Geography

  • Subdivision Tract Number: 29694
  • Parcel: 152-480-024
  • Lot: 24
  • Municipality: EASTVALE
  • Latitude: 33.9532
  • Longitude: -117.566

    Address

  • Full Address: 12956 Rae Ct
  • Address - House Number: 12956
  • Address - Street Name: Rae
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Eastvale
  • Carrier Code: R039
  • 4-Digit Zip Code: 3383
  • Zip Code: 92880

Valuation

    Tax

  • Total Area: 3,000
  • Tax Year: 2023
  • Tax Amount: $9,519
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 027-017

    Appraisal Valuation

  • Standard Deviation: 0.0759
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 94
  • Final Value: 837,113
  • High Value: 900,708
  • Low Value: 773,518

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $390,000
  • First Open Lien Mortgage Lender: BANK OF THE WEST
  • First Open Lien Mortgage Recording Date: Mar 06, 2014
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $390,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Mar 04, 2044

    Market Valuation

  • Market Total Value: $702,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $627,235
  • Assessed Land Value: $160,829
  • Assessed Improvements Value: $466,406

    Sales

  • Current Sale Contract Date: Nov 13, 2013
  • Current Sale Recording Date: Nov 25, 2013
  • Current Sale Transaction ID: 1045820109
  • Current Sale Price: $488,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2013-0555334
  • Previous Sale Recording Date: Nov 01, 2013
  • Previous Sale Contract Date: Oct 28, 2013
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: Grant Deed

About Eastvale



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Frequently Asked Questions

What neighborhood is 12956 Rae Court located in?
The 12956 Rae Court is a located in the neighborhood of Riverside in Eastvale, Corona.
What is the average sales price for listings in 12956 Rae Court?
The average sales price for units in 12956 Rae Court is $0 currently.

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