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7641 Lady Banks Loop

7641 Lady Banks Loop, Corona, CA 92883
Property in The Retreat
Sold Sep 27, 2019
$845,000
$777,100 by Bank Of America Na
Mortgage Due Oct 01, 2049
Sold Dec 05, 2016
$790,000
$553,000 by Pacific City Bank
Mortgage Due Dec 01, 2046
Local assessors in Corona, CA have categorized 7641 Lady Banks Loop as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 18,731 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 are 2 full bathrooms. There are also 3 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 7641 Lady Banks Loop has a total of 4,060 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 603 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 - D. 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. 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, 7641 Lady Banks Loop sold most recently in Jul 24, 2019 for a total of $845,000. If you work out the math, that's approximately a cost of $179.37 per sqft. Before that, the property was also sold for $790,000 in Oct 4, 2016. 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 $14,025 in taxes each year. 7641 Lady Banks Loop was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $888,243. If we break it down further, the land itself was valued at $183,955. Improvements to the property, however, were assessed at a total of $704,288. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: D
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 603
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 4,711
  • Gross Building Area: 4,711
  • Building Area: 4,060
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,060
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT MAP NO 30241 6
  • Land Acres: 0.43
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .43 ACRES M/L IN LOT 32 MB 374/024 TR 30241-6

Ownership

  • Current Owner : CHERNYSHOV ELVIS
  • Current Owner 2: CHERNYSHOV CATHRINE
  • Previous Owner : KIM JAEUK
  • Previous Owner 2: KIM SOOHYUN
  • Owner Before Previous Owner: WENGERT SCOTT
  • Owner Before Previous Owner 2: WENGERT BARBARA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Corona-Norco Unified School District
  • Census Tract: 041915

Zoning

  • Zoning: RR

Geography

  • Subdivision Tract Number: 30241-6
  • Parcel: 282-770-028
  • Lot: 32
  • Municipality: CORONA NORCO
  • Latitude: 33.7975
  • Longitude: -117.527

    Address

  • Full Address: 7641 Lady Banks Loop
  • Address - House Number: 7641
  • Address - Street Name: Lady Banks
  • Address - Suffix Type: Loop
  • State: CA
  • City Name: Corona
  • Carrier Code: R063
  • 4-Digit Zip Code: 5640
  • Zip Code: 92883

Valuation

    Tax

  • Total Area: 4,108
  • Tax Year: 2023
  • Tax Amount: $14,025
  • Tax Rate Code Area: 059-136

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 77
  • Final Value: 1,159,297
  • High Value: 1,362,399
  • Low Value: 956,195

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,127,100
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Sep 27, 2019
  • First Open Lien Mortgage Loan Amount: $777,100
  • 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: Oct 01, 2049
  • Second Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Nov 27, 2023
  • Second Open Lien Mortgage Loan Amount: $350,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2043

    Market Valuation

  • Market Total Value: $796,410

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $888,243
  • Assessed Land Value: $183,955
  • Assessed Improvements Value: $704,288

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 24, 2019
  • Current Sale Recording Date: Sep 27, 2019
  • Current Sale Transaction ID: 11657704447
  • Current Sale Price: $845,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-0386524
  • Previous Sale Recording Date: Dec 05, 2016
  • Previous Sale Contract Date: Oct 04, 2016
  • Previous Sale Amount: $790,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Sep 27, 2019
  • First Mortgage Loan Amount: $777,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: PACIFIC CITY BANK
  • Previous Mortgage Transaction Date: Dec 05, 2016
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $553,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Dec 01, 2046

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Frequently Asked Questions

What neighborhood is 7641 Lady Banks Loop located in?
The 7641 Lady Banks Loop is a located in the neighborhood of The Retreat in South Corona, Corona.
What is the average sales price for listings in 7641 Lady Banks Loop?
The average sales price for units in 7641 Lady Banks Loop is $0 currently.

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