11322 Tesota Loop St Corona, CA 92883

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4 beds · 3 baths · 3,454 sq ft · Lot Size: 6,098 sq ft · Single Family Home · Sycamore Creek
Est. Property Value: $740,524

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11322 Tesota Loop St is in the Sycamore Creek neighborhood of Corona, CA. It is located in Riverside County and ZIP code 92883. This Single Family Home was built in 2005 and is approximately 20 years old. The single family home spans 3454 sq ft with 4 bedrooms and 3 bathrooms and sits on a 6098 sq ft lot. According to public records, it was last sold in 2020 for $661,000 and has a tax-assessed value of $794,520, which is $214 per sq ft. The Sycamore Creek area of Corona has 941 residential homes with an average size of 3268 sq ft. Analyze and compare real estate investment strategies for properties like this home at 11322 Tesota Loop St Corona, CA 92883 with Property Intel by Whitepages.

11322 Tesota Loop St

Corona, CA 92883

Owner Info

Owners & Occupancy for 11322 Tesota Loop St

This property is owned by Ricardo Enrique Melgar. Owner contact information includes 4 phone numbers and 4 email addresses.

Property Owners

Cell Phone(714) ***-****View Cell Phone
Residence**********
Landline(323) 340-8911
Distance from Property**********
Email Address************@yahoo.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1************* age 38
Resident 2**********************

Property Financials for 11322 Tesota Loop St

11322 Tesota Loop St, Corona, CA has a mortgage from Majestic Hm Lns (orig. October 23, 2020). The Riverside county assessment for 2024 values it at $794,520, with annual taxes of $10,940.

Mortgage & Equity Information

Loan Amount$******
LenderMajestic Hm Lns
Origination DateOctober 23, 2020
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*****************
Equity View Equity

Property Tax

Purchase DateAugust 07, 2020
Property Tax Amount$10,940 in 2024
Purchase Price$661,000
Assessed Value$794,520 on 2024

Investment Potential for 11322 Tesota Loop St

The property has a current estimated value of $740,524, which is 0% below the neighborhood median, based on public records. It last sold on August 07, 2020 for $661K. Projected long-term
is $66,000 annually ($5,500 per month) with a 95% occupancy rate.

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Long-Term

Gross Rental
$66,000 per year($5,500 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 92883 zip code
 
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Property Details for 11322 Tesota Loop St

Property Details

Property Sq Ft

Living Area

3,454 sq ft

6% above market

Lot Size

6,098 sq ft

13% below market

Price Per Sq Ft

Living Area

$214 / sq ft

6% below market

Lot Size Area

$121 / sq ft

13% above market

Property condition, age, exterior, etc. for 11322 Teso…
Longitude: -117.461874 Latitude: 33.753981 Parcel Number (APN): 290-471-038…

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Discover more single family homes near 11322 Tesota Loop St in Corona, California. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 11322 Tesota Loop St in Riverside County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$740,524
$879,199
-$138,676 (-16%)
$1,019,151
-$197,609 (-19%)
YoY Price Change
1.04%
-245%
Year Built
2005
1981
24 years
Living Space
3,454 sq ft
2,263 sq ft
1191 (53%)
$ Per Living Sq Ft
$214
$411
-$197 (-48%)
Lot Size
6,098 sq ft
7,612 sq ft
-1514 (-20%)
$ Per Lot Sq Ft
$121
$108
$13 (12%)

Net Operating Income
$25,953
$14,880 (57%)
Annual Revenue
$66,000
$44,400
$21,600 (49%)
$19,132
$6,035 (32%)
Net Operating Income
$25,953
$14,880 (57%)
Cap Rate
3.23%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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