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864 Papaya Street

864 Papaya Street, Corona, CA 92879
Townhouse in Central Corona
Sold Jul 22, 2022
$505,000
$495,853 by Jmj Financial Group
Mortgage Due Aug 01, 2052
Sold Jun 03, 2019
$335,000
$268,000 by Navy Fcu
Mortgage Due Jul 01, 2034
864 Papaya Street 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 1980 and is 44 years old. However, we must point out that the home was most recently renovated and altered in 1981. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 864 Papaya Street has 1,076 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,049 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 312 sqft. According to our sources, there is one available parking space. 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 roof of the building is made of gravel/rock. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 864 Papaya Street sold most recently in Jul 6, 2022 for a total of $505,000. If you work out the math, that's approximately a cost of $360.71 per sqft. Before that, the property was also sold for $335,000 in Apr 26, 2019. 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 $5,593 in taxes each year. 864 Papaya Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $505,000. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $465,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.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.

Building Features

Parking

Garage Parking
Guest Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Condo
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 312
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,049
  • Total Building Area: 1,400
  • Gross Building Area: 1,400
  • Building Area: 1,076
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,076
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MAGNOLIA GLEN
  • Land Acres: 0.07
  • Standard Land Use Code: Condominium unit (residential)
  • County Land Use Code: Right-of-way (not rail, road, or utility)
  • Legal Description 1: LOT 20 MB 107/070 TR 12894

Ownership

  • Current Owner : CERVANTES IAN
  • Current Owner 2: DRAGOO HANNAH
  • Previous Owner : BARRIENTOS-NA JOHN R
  • Previous Owner 2: JOO YOON
  • Owner Before Previous Owner: VISCOUNTY DAVID
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Corona-Norco Unified School District
  • Census Tract: 041813

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 12894
  • Parcel: 111-321-020
  • Lot: 20
  • Municipality: CORONA
  • Latitude: 33.8616
  • Longitude: -117.552

    Address

  • Full Address: 864 Papaya St
  • Address - House Number: 864
  • Address - Street Name: Papaya
  • Address - Suffix Type: St
  • State: CA
  • City Name: Corona
  • Carrier Code: C009
  • 4-Digit Zip Code: 3045
  • Zip Code: 92879

Valuation

    Tax

  • Total Area: 1,076
  • Tax Year: 2023
  • Tax Amount: $5,593
  • Tax Rate Code Area: 004-018

    Appraisal Valuation

  • Standard Deviation: 0.1653
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 79
  • Final Value: 530,176
  • High Value: 617,820
  • Low Value: 442,532

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $495,853
  • First Open Lien Mortgage Lender: JMJ FINANCIAL GROUP
  • First Open Lien Mortgage Recording Date: Jul 22, 2022
  • First Open Lien Mortgage Loan Amount: $495,853
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $379,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $505,000
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $465,000

    Sales

  • Current Sale Contract Date: Jul 06, 2022
  • Current Sale Recording Date: Jul 22, 2022
  • Current Sale Transaction ID: 11892786304
  • Current Sale Price: $505,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 328291
  • Previous Sale Recording Date: Jun 03, 2019
  • Previous Sale Contract Date: Apr 26, 2019
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JMJ FINANCIAL GROUP
  • First Mortgage Transaction Date: Jul 22, 2022
  • First Mortgage Loan Amount: $495,853
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FCU
  • Previous Mortgage Transaction Date: Jun 03, 2019
  • Previous Mortgage Loan Amount: $268,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jul 01, 2034

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Frequently Asked Questions

What neighborhood is 864 Papaya Street located in?
The 864 Papaya Street is a townhouse located in the neighborhood of Central Corona in Central Corona, Corona.
What is the average sales price for listings in 864 Papaya Street?
The average sales price for units in 864 Papaya Street is $0 currently.

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