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12981 Rae Court

12981 Rae Court, Corona, CA 92880
Property in Riverside
Sold Nov 14, 2008
$373,000
$206,000 by Security Mortgage Funding Corp
Mortgage Due Apr 01, 2039
Sold May 16, 2008
$400,000
12981 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. 12981 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 11,761 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. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 12981 Rae Court was last sold in Nov 3, 2008 for $373,000. According to our calculations, that's $102.75 per sqft. Prior to that sales transaction, the property was sold for $400,000 in May 15, 2008. Current property owners are expected to pay $7,771 in taxes per year. The property on 12981 Rae Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $470,509. To break that down further, the land itself was valued at $154,710. While improvements to the property were assessed at a total of $315,799. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or 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
  • 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: 11,761
  • 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: 0.27
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .27 ACRES M/L IN LOT 18 MB 369/074 TR 29694

Ownership

  • Current Owner : HERNANDEZ FEDERICO
  • Previous Owner : GREENPOINT MORTGAGE FUNDING INC
  • Owner Before Previous Owner: BELLO ANTONIO R
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

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

Zoning

  • Zoning: R4

Geography

  • Subdivision Tract Number: 29694
  • Parcel: 152-480-018
  • Lot: 18
  • Municipality: EASTVALE
  • Latitude: 33.9529
  • Longitude: -117.567

    Address

  • Full Address: 12981 Rae Ct
  • Address - House Number: 12981
  • Address - Street Name: Rae
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Eastvale
  • Carrier Code: R039
  • 4-Digit Zip Code: 3384
  • Zip Code: 92880

Valuation

    Tax

  • Total Area: 3,000
  • Tax Year: 2023
  • Tax Amount: $7,771
  • Tax Rate Code Area: 027-017

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 78
  • Final Value: 890,213
  • High Value: 1,042,106
  • Low Value: 738,321

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $206,000
  • First Open Lien Mortgage Lender: SECURITY MORTGAGE FUNDING CORP
  • First Open Lien Mortgage Recording Date: Apr 06, 2009
  • First Open Lien Mortgage Loan Amount: $206,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2039

    Market Valuation

  • Market Total Value: $645,120

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $470,509
  • Assessed Land Value: $154,710
  • Assessed Improvements Value: $315,799

    Sales

  • Current Sale Contract Date: Nov 03, 2008
  • Current Sale Recording Date: Nov 14, 2008
  • Current Sale Transaction ID: 1045820091
  • Current Sale Price: $373,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2008-0604798
  • Previous Sale Recording Date: May 16, 2008
  • Previous Sale Contract Date: May 15, 2008
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: PMC BANCORP
  • First Mortgage Transaction Date: Nov 14, 2008
  • First Mortgage Loan Amount: $193,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Dec 01, 2038

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Frequently Asked Questions

What neighborhood is 12981 Rae Court located in?
The 12981 Rae Court is a located in the neighborhood of Riverside in Eastvale, Corona.
What is the average sales price for listings in 12981 Rae Court?
The average sales price for units in 12981 Rae Court is $0 currently.

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