Check Availability

1488 Teakwood Place

1488 Teakwood Place, Corona, CA 92878
Property in North Corona
Sold Feb 26, 2004
$395,000
$425,000 by Loandepot.com Llc
Mortgage Due Apr 01, 2051
Local assessors in Corona, CA have categorized 1488 Teakwood Place as a residential type of property. The home was built in 1976 and is 48 years old. The property's lot size has been calculated to be 8,712 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1488 Teakwood Place has a total of 2,006 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 644 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of wood shake/ shingles. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Feb 5, 2004 for $395,000. That's $141.22 per sqft. 1488 Teakwood Place was last assessed in 2023. The total value of the property was assessed at $539,776. Specifically, the land the property is located on was valued at $122,981. While improvements on the property were assessed at a total of $416,795. 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 $6,087. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 644
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 2,797
  • Gross Building Area: 2,797
  • Building Area: 2,006
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,006
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 2894
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 57 MB 049/089 TR 2894

Ownership

  • Current Owner : MAGANA DANIEL T
  • Previous Owner : AGUILAR ALONZO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Corona-Norco Unified School District
  • Census Tract: 040807

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 2894
  • Parcel: 119-104-011
  • Lot: 57
  • Municipality: CORONA
  • Latitude: 33.9031
  • Longitude: -117.584

    Address

  • Full Address: 1488 Teakwood Pl
  • Address - House Number: 1488
  • Address - Street Name: Teakwood
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Corona
  • Carrier Code: C080
  • 4-Digit Zip Code: 3660
  • Zip Code: 92878

Valuation

    Tax

  • Total Area: 2,034
  • Tax Year: 2023
  • Tax Amount: $6,087
  • Tax Rate Code Area: 004-003

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 78
  • Final Value: 771,923
  • High Value: 904,596
  • Low Value: 639,249

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $425,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Mar 22, 2021
  • First Open Lien Mortgage Loan Amount: $425,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $648,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $539,776
  • Assessed Land Value: $122,981
  • Assessed Improvements Value: $416,795

    Sales

  • Current Sale Contract Date: Feb 05, 2004
  • Current Sale Recording Date: Feb 26, 2004
  • Current Sale Transaction ID: 1053702686
  • Current Sale Price: $395,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2004-0133993

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK FSB
  • First Mortgage Transaction Date: Feb 26, 2004
  • First Mortgage Loan Amount: $316,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Mar 01, 2034

    Financing

  • First Mortgage Financing Type: Fixed Rate

About North Corona



Similar Buildings

Property at 1488 Teakwood Place,

867 Shade Tree Way

  • 1 Unit for Sale
867 Shade Tree Way, Corona, CA 92878
Property at 1488 Teakwood Place,

4931 Roundup Road

  • 1 Unit for Sale
4931 Roundup Road, Norco, CA 92860
Property at 1488 Teakwood Place,

3063 Arapaho Street

  • 1 Unit for Sale
3063 Arapaho Street, Norco, CA 92860
Property at 1488 Teakwood Place,

2531 Stetson Drive

  • 1 Unit for Sale
2531 Stetson Drive, Norco, CA 92860
Property at 1488 Teakwood Place,

467 North Cota Street

  • 1 Unit for Sale
467 North Cota Street, Corona, CA 92878

Nearby Rentals

Unit for rent at 740 Savi Drive, Corona, CA, 92878

$3,500 /mo

  • 3 Beds
  • 4 Baths
  • 1,613 ft²
740 Savi Drive #101, Corona, CA, 92878 Listing by JASON SPARKS

Frequently Asked Questions

What neighborhood is 1488 Teakwood Place located in?
The 1488 Teakwood Place is a located in the neighborhood of North Corona in North Corona, Corona.
What is the average sales price for listings in 1488 Teakwood Place?
The average sales price for units in 1488 Teakwood Place is $0 currently.

Nearby Counties
Quantcast