1151 Portofino Ct. 101, Corona, California 92881, Corona, 92881 - 3 bed, 3 bath

1151 Portofino Ct. 101, Corona, California 92881 home-pic-0
ACTIVE$580,000
1151 Portofino Ct. 101, Corona, California 92881
3Beds
3Baths
1,298Sqft
3,485Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
End-Unit Advantage: As an end-unit townhouse, the property benefits from increased privacy, more natural light, and fewer shared walls compared to interior units.
Top Cons:
Monthly HOA Fees: A monthly association fee of $315 adds to the recurring cost of homeownership, which potential buyers must factor into their budget.

Compared to the nearby listings

Price:$580.0K vs avg $570.0K (+$10,000)50%
Size:1,298 sqft vs avg 1,254 sqft75%
Price/sqft:$447 vs avg $45950%

More Insights

Built in 1989 (36 years old).
Condition: The property, built in 1989, has undergone significant and recent updates, making it move-in ready. The kitchen features sleek, modern cabinetry, stainless steel appliances, and contemporary backsplash, aligning with recent renovation trends. Bathrooms are also updated with modern tiling and fixtures, though the vanity styles are more traditional. The description notes an 'updated HVAC system' and the flooring in the main living areas appears to be modern LVP/laminate. While some minor elements like a bedroom ceiling fan are not cutting-edge, the overall condition reflects a well-maintained home with substantial renovations within the last 5-15 years, requiring no immediate repairs or updates.
Year Built
1989
Close
-
List price
$580K
Original List price
$580K
Price/Sqft
$447
HOA
$315
Days on market
-
Sold On
-
MLS number
PW25262484
Home ConditionGood
Features
Patio
View-

About this home

THIS HOME HAS IT ALL!! Beautiful end-unit townhouse with 3 spacious bedrooms, and 2.5 baths located in a highly desirable community. This light and bright home features an open floor plan with vaulted ceilings, a cozy gas fireplace and a sleek updated kitchen. Enjoy your year-round comfort with an updated HVAC system, plus a covered back patio perfect for relaxing and entertaining. Additional conveniences include an attached garage and a dedicated laundry room. The community offers a sparkling pool to enjoy with family and friends, a jacuzzi for unwinding, and a clubhouse for special gatherings. Conveniently close access to freeways, schools, parks, shops and restaurants. NO Mello-Roos! Don't miss this one! This community is not FHA approved.

Price History

Date
Event
Price
09/04/20
Sold
$405,000
08/10/18
Sold
$365,000
12/17/15
Sold
$272,000
05/02/08
Sold
$260,000
Condition Rating
Good

The property, built in 1989, has undergone significant and recent updates, making it move-in ready. The kitchen features sleek, modern cabinetry, stainless steel appliances, and contemporary backsplash, aligning with recent renovation trends. Bathrooms are also updated with modern tiling and fixtures, though the vanity styles are more traditional. The description notes an 'updated HVAC system' and the flooring in the main living areas appears to be modern LVP/laminate. While some minor elements like a bedroom ceiling fan are not cutting-edge, the overall condition reflects a well-maintained home with substantial renovations within the last 5-15 years, requiring no immediate repairs or updates.
Pros & Cons

Pros

End-Unit Advantage: As an end-unit townhouse, the property benefits from increased privacy, more natural light, and fewer shared walls compared to interior units.
Updated Interior & HVAC: The home features a sleek updated kitchen, an open floor plan with vaulted ceilings, and an updated HVAC system, enhancing comfort and modern appeal.
Community Amenities: Residents have access to desirable community amenities including a sparkling pool, jacuzzi, and clubhouse, offering recreational and social opportunities.
No Mello-Roos: The absence of Mello-Roos taxes is a significant financial benefit, resulting in lower overall property tax obligations for the homeowner.
Convenient Location: The property boasts convenient access to freeways, schools, parks, shops, and restaurants, making it highly desirable for daily living and commuting.

Cons

Monthly HOA Fees: A monthly association fee of $315 adds to the recurring cost of homeownership, which potential buyers must factor into their budget.
FHA Loan Restriction: The community is not FHA approved, which may limit the pool of potential buyers, particularly those relying on FHA financing.
Lack of View: The property does not offer any specific views, which might be a drawback for buyers prioritizing scenic outlooks.

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