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1405 5th Avenue

1405 5th Avenue, Corning, CA 96021
Property in Tehama
Sold Aug 11, 2021
$400,000
$300,000 by Rocket Mortgage Llc
Mortgage Due Sep 01, 2051
1405 5th Avenue in Corning, CA was first built in 2008 and is 16 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. It is a single story home. There are a total of 2 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. In total, the area measurement of the land is 13,068 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. 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. 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, 1405 5th Avenue sold most recently in Jul 28, 2021 for a total of $400,000. If you work out the math, that's approximately a cost of $334.17 per sqft. 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 $4,287 in taxes each year. 1405 5th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $408,000. If we break it down further, the land itself was valued at $61,200. Improvements to the property, however, were assessed at a total of $346,800. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 2
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Building Style: Duplex
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 1,197
  • Gross Building Area: 1,197
  • Building Area: 1,197
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARCEL MAP NO 06 03
  • Land Acres: 0.3
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Right-of-way (not rail, road, or utility)
  • Legal Description 1: PCL 2 PM 06-03 BK 13 PGS 121-12

Ownership

  • Current Owner : CAO WAYNE
  • Current Owner 2: CAO JANET
  • Previous Owner : ALEXANDER FAMILY LIMITED PARTNERSHIP
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Corning Union Elementary School District
  • Census Tract: 001102

Zoning

  • Zoning: R-1-2

Geography

  • Parcel: 071-272-041-000
  • Municipality: CITY OF CORNING 1
  • Latitude: 39.9222
  • Longitude: -122.182

    Address

  • Full Address: 1405 5th Ave
  • Address - House Number: 1405
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Corning
  • Carrier Code: C005
  • 4-Digit Zip Code: 3012
  • Zip Code: 96021

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,287
  • Tax Rate Code Area: 001000

    Appraisal Valuation

  • Standard Deviation: 0.2377
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 424,779
  • High Value: 525,779
  • Low Value: 323,780

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 11, 2021
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $408,000
  • Assessed Land Value: $61,200
  • Assessed Improvements Value: $346,800

    Sales

  • Current Sale Contract Date: Jul 28, 2021
  • Current Sale Recording Date: Aug 11, 2021
  • Current Sale Transaction ID: 11849470641
  • Current Sale Price: $400,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021011547

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 11, 2021
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

About Corning



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Frequently Asked Questions

What neighborhood is 1405 5th Avenue located in?
The 1405 5th Avenue is a located in the neighborhood of Tehama in Corning, Corning.
What is the average sales price for listings in 1405 5th Avenue?
The average sales price for units in 1405 5th Avenue is $0 currently.

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