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$673,490Estimated home value

Beds
5
Baths
3.25
sq ft
2,480

1017 Washburn Ave, Corona, CA 92882

1017 Washburn Ave

Corona, CA 92882

  • Off market
    • Price drop $50,000↓
Stunning Completely Renovated Bungalow with Brand New ADU in the Heart of Corona! Discover an exceptional opportunity to own a beautifully renovated bungalow perfectly nestled in the vibrant heart of Corona, just a short stroll from the lively weekend farmers market. This charming property features a spacious 3 bedroom, 2 bath main house, approximately 1,600 sqft, along with a newly constructed ADU (Accessory Dwelling Unit) at the rear of the property boasting 2 bedrooms, 2 baths and roughly 880 sqft, each with its own private entrance! Main House Highlights: 3 Bedrooms, 2 Baths: Generous space with thoughtfully designed interiors. Completely Renovated: -Updated beautiful flooring throughout, kitchen cabinets, countertops, appliances, and paint -Barn doors in each bedroom closet -Updated bathroom vanities, countertops, fixtures, shower tiles and splash glass -Updated kitchen and bathroom plumbing -Energy-efficient lighting throughout -Upgraded 200 AMP electrical panel, with 85% of the house rewired, and upgraded gas line for the dryer. -Split air conditioning unit for year-round comfort. -Fresh stucco applied to parts of the house. -All upgraded windows providing ample natural light. -Ceiling fans for added comfort. -All upgraded doors including a stylish patio door. -Professionally remodeled bathrooms and showers with updated plumbing. Enhanced Home Features: -Wrought iron fence and block wall adjacent to the alley. -Upgraded water meter with a new water line connecting to the main house. ADU Highlights: 2 Bedrooms, 2 Baths: Perfect for guests, in-laws, or potential rental income. Brand New Construction: - New foundation, electrical panel, and roof. - Modern tankless water heater. - Convenient washer and dryer hookups located in the patio area Both homes are fully permitted and meticulously renovated, ready to provide comfort, convenience, and modern living. This property is ideal for multi-generational families or anyone looking to benefit from the additional rental income potential. Enjoy the best of Corona living with easy access to local markets, dining, shopping, and entertainment. Don’t miss out on this rare gem! Schedule your private tour today and experience firsthand the unparalleled quality and charm of this completely renovated bungalow and brand new ADU. **Welcome Home!**

Details

Property type

Single Family Residence

Est. home value

$673,490

Property condition

Updated/Remodeled

Lot size

7,841 sq ft

Price per sq ft

$343

Year built

1912

Price History

09/20/2024
CRMLS

CRMLS #OC24152572

Removed
$849,000
08/20/2024
CRMLS

CRMLS #OC24152572

Price change
$849,000
-5.56%
07/26/2024
CRMLS

CRMLS #OC24152572

Listed
$899,000
+79.84%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Corona-Norco Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$345,518
Asking price
$849,000
Closing costs (~8% of asking)
-$67,920
Est. remaining loan balance
-$435,562
Cash to seller
$345,518

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Ocmbc Inc

Loan start date

August 2023

Original loan amount

$440,200

Est. remaining balance

$435,562

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Rodney L Earwood and Wennie L Earwood

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Off Market

Tomo last checked: 09/20/2024 at 8:20 PM

Listing updated: 08/20/2024 at 10:35 AM

Listed by: Rachel Sokoloff, The CB Group Phone #: (714) 396-0620

MLS: CRMLS #OC24152572

CRMLS logo

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