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1556 Iris Grove Drive

1556 Iris Grove Drive, Corona, CA 92881
House in Chase Ranch
Sold Sep 13, 2019
$514,000
$385,500 by Bank Of America Na
Mortgage Due Oct 01, 2049
Sold Jun 07, 2019
$491,500
$250,000,000 by Nrp Mortgage Trust I
Mortgage
Local assessors in Corona, CA have categorized 1556 Iris Grove Drive as a residential type of property. The home was built in 1997 and is 27 years old. It was most recently renovated and altered in 1998. The property's lot size has been calculated to be 8,276 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, 3 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 are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1556 Iris Grove Drive has a total of 1,770 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 580 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 - B. The building has a roof that is made of tile. 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 Sep 10, 2019 for $514,000. That's $210.66 per sqft. Prior to that sales transaction, the property was also sold in Jun 5, 2019 for $491,500. 1556 Iris Grove Drive was last assessed in 2023. The total value of the property was assessed at $540,304. Specifically, the land the property is located on was valued at $189,211. While improvements on the property were assessed at a total of $351,093. 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 $6,229. 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: 1997
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 580
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 2,440
  • Gross Building Area: 2,440
  • Building Area: 1,770
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,770
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT 25 468 2
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 55 MB 256/075 TR 25468-2

Ownership

  • Current Owner : TSO LUKE
  • Current Owner 2: CHOI AMY J
  • Previous Owner : OPENDOOR PROPERTY N LLC
  • Owner Before Previous Owner: PELSUE DAVID
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Corona-Norco Unified School District
  • Census Tract: 047902

Geography

  • Subdivision Tract Number: 25468-2
  • Parcel: 108-292-018
  • Lot: 55
  • Municipality: CORONA
  • Latitude: 33.8292
  • Longitude: -117.546

    Address

  • Full Address: 1556 Iris Grove Dr
  • Address - House Number: 1556
  • Address - Street Name: Iris Grove
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Corona
  • Carrier Code: R054
  • 4-Digit Zip Code: 4049
  • Zip Code: 92881

Valuation

    Tax

  • Total Area: 1,770
  • Tax Year: 2023
  • Tax Amount: $6,229
  • Tax Rate Code Area: 004-080

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 752,246
  • High Value: 901,265
  • Low Value: 603,226

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $385,500
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Sep 13, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $385,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2049

    Market Valuation

  • Market Total Value: $570,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $540,304
  • Assessed Land Value: $189,211
  • Assessed Improvements Value: $351,093

    Sales

  • Current Sale Contract Date: Sep 10, 2019
  • Current Sale Recording Date: Sep 13, 2019
  • Current Sale Transaction ID: 11645840897
  • Current Sale Price: $514,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-0359662
  • Previous Sale Recording Date: Jun 07, 2019
  • Previous Sale Contract Date: Jun 05, 2019
  • Previous Sale Amount: $491,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Sep 13, 2019
  • First Mortgage Loan Amount: $385,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Oct 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NRP MORTGAGE TRUST I
  • Previous Mortgage Transaction Date: Jun 07, 2019
  • Previous Mortgage Loan Amount: $250,000,000
  • Previous Mortgage Loan Type: Commercial

About South Corona



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Frequently Asked Questions

What neighborhood is 1556 Iris Grove Drive located in?
The 1556 Iris Grove Drive is a house located in the neighborhood of Chase Ranch in South Corona, Corona.
What is the average sales price for listings in 1556 Iris Grove Drive?
The average sales price for units in 1556 Iris Grove Drive is $0 currently.

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