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2250 Monterey Peninsula Drive

2250 Monterey Peninsula Drive, Corona, CA 92882
Property in Central Corona
Sold Jul 13, 2006
$420,000
$300,000 by Network Capital Funding Corp
Mortgage Due Mar 01, 2051
Local assessors in Corona, CA have categorized 2250 Monterey Peninsula Drive as a residential type of property. The home was built in 1964 and is 60 years old. It was most recently renovated and altered in 1965. The property's lot size has been calculated to be 9,148 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 is one full bathroom. 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 2250 Monterey Peninsula Drive has a total of 1,826 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. 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 464 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. 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, 2250 Monterey Peninsula Drive sold most recently in Jun 24, 2006 for a total of $420,000. If you work out the math, that's approximately a cost of $180.10 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 $7,337 in taxes each year. 2250 Monterey Peninsula Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $663,177. If we break it down further, the land itself was valued at $167,397. Improvements to the property, however, were assessed at a total of $495,780. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1964
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 464
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 2,332
  • Gross Building Area: 2,332
  • Building Area: 1,826
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,826
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 2585
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 199 MB 047/010 TR 2585

Ownership

  • Current Owner : KATZ MARK S
  • Current Owner 2: KATZ JANICE B
  • Previous Owner : GRUBB RUTH SARA
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Corona-Norco Unified School District
  • Census Tract: 041904

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 2585
  • Parcel: 102-082-002
  • Lot: 199
  • Municipality: CORONA NORCO
  • Latitude: 33.8758
  • Longitude: -117.614

    Address

  • Full Address: 2250 Monterey Peninsula Dr
  • Address - House Number: 2250
  • Address - Street Name: Monterey Peninsula
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Corona
  • Carrier Code: C090
  • 4-Digit Zip Code: 8625
  • Zip Code: 92882

Valuation

    Tax

  • Total Area: 1,826
  • Tax Year: 2023
  • Tax Amount: $7,337
  • Tax Rate Code Area: 059-040

    Appraisal Valuation

  • Standard Deviation: 0.1783
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 711,739
  • High Value: 838,644
  • Low Value: 584,835

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $370,000
  • First Open Lien Mortgage Lender: NETWORK CAPITAL FUNDING CORP
  • First Open Lien Mortgage Recording Date: Mar 16, 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: Mar 01, 2051
  • Second Open Lien Mortgage Lender: SCHOOLSFIRST FEDERAL CREDIT UN
  • Second Open Lien Mortgage Recording Date: Jul 12, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $70,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $506,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $663,177
  • Assessed Land Value: $167,397
  • Assessed Improvements Value: $495,780

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 24, 2006
  • Current Sale Recording Date: Jul 13, 2006
  • Current Sale Transaction ID: 1053544431
  • Current Sale Price: $420,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2006-0511790

    Last Sale Mortgage

  • First Mortgage Lender: OCTFCU MORTGAGE COMPANY LLC
  • First Mortgage Transaction Date: Jul 13, 2006
  • First Mortgage Loan Amount: $336,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Aug 01, 2036

About Central Corona



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Frequently Asked Questions

What neighborhood is 2250 Monterey Peninsula Drive located in?
The 2250 Monterey Peninsula Drive is a located in the neighborhood of Central Corona in Central Corona, Corona.
What is the average sales price for listings in 2250 Monterey Peninsula Drive?
The average sales price for units in 2250 Monterey Peninsula Drive is $0 currently.

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