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1435 Circle City Drive

1435 Circle City Drive, Corona, CA 92879
Property in Central Corona
Sold Feb 22, 2021
$3,425,000
$2,364,000 by Homestreet Bank
Mortgage
Sold Aug 22, 2002
Transfer
$375,000 by Alliance Bank
Mortgage
1435 Circle City Drive has been categorized by the local assessors in Corona, CA as a residential type of property. The building on the property was first built in 1986 and is 38 years old. The building has a total of 2 stories. The area measurement of the land has been determined as 31,799 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The property was last sold in Jan 13, 2021 for $3,425,000. That's $290.06 per sqft. 1435 Circle City Drive was last assessed in 2023. The total value of the property was assessed at $3,563,370. Specifically, the land the property is located on was valued at $676,260. While improvements on the property were assessed at a total of $2,887,110. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $40,037. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 16
  • Business/Commerical Units Count: 16
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 31,799
  • Total Building Area: 11,808
  • Gross Building Area: 11,808
  • Building Area: 11,808

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH RIVERSIDE LAND & WATER CO
  • Land Acres: 0.73
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: .73 ACRES M/L IN POR LOT 4 BLK 50 MB 009/006 SB SOUTH RIVERSIDE LAND & WATER CO

Ownership

  • Current Owner : GARNSEY PROPERTY LLC
  • Previous Owner : GARCIA RAYMOND M
  • Previous Owner 2: GARCIA DOROTHY K
  • Owner Before Previous Owner: HANES KATHERINE WENDY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Corona-Norco Unified School District
  • Census Tract: 041602

Geography

  • Parcel: 111-280-025
  • Block: 50
  • Lot: 4
  • Municipality: CORONA
  • Latitude: 33.8714
  • Longitude: -117.548

    Address

  • Full Address: 1435 Circle City Dr
  • Address - House Number: 1435
  • Address - Street Name: Circle City
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Corona
  • Carrier Code: C011
  • 4-Digit Zip Code: 1669
  • Zip Code: 92879

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $40,037
  • Tax Rate Code Area: 004-003

    Appraisal Valuation

  • Standard Deviation: 0.3385
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 32
  • Final Value: 3,301,415
  • High Value: 4,419,109
  • Low Value: 2,183,720

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,364,000
  • First Open Lien Mortgage Lender: HOMESTREET BANK
  • First Open Lien Mortgage Recording Date: Feb 22, 2021
  • First Open Lien Mortgage Loan Amount: $2,364,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,563,370
  • Assessed Land Value: $676,260
  • Assessed Improvements Value: $2,887,110

    Sales

  • Current Sale Contract Date: Jan 13, 2021
  • Current Sale Recording Date: Feb 22, 2021
  • Current Sale Transaction ID: 11821620925
  • Current Sale Price: $3,425,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0110881
  • Previous Sale Recording Date: Aug 22, 2002
  • Previous Sale Contract Date: May 07, 2002
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTREET BANK
  • First Mortgage Transaction Date: Feb 22, 2021
  • First Mortgage Loan Amount: $2,364,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: ALLIANCE BANK
  • Previous Mortgage Transaction Date: Aug 22, 2002
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $375,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Central Corona



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Frequently Asked Questions

What neighborhood is 1435 Circle City Drive located in?
The 1435 Circle City Drive is a located in the neighborhood of Central Corona in Central Corona, Corona.
What is the average sales price for listings in 1435 Circle City Drive?
The average sales price for units in 1435 Circle City Drive is $0 currently.

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