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2843 James St., Corona, California 92881, Corona, 92881 - 3 bed, 2 bath

2843 James St., Corona, California 92881 home-pic-0
ACTIVE$985,000
2843 James St., Corona, California 92881
3Beds
2Baths
2,001Sqft
20,038Lot

Price Vs. Estimate

The estimated value ($907,533.27) is $77,466.73 (7%) lower than the list price ($985,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20038, living area = 2001.
Top Cons:
Listing Price vs. Estimated Value: The current listing price of $985,000 is approximately 5% higher than the estimated property value of $927,065, which may require justification or negotiation during the sales process.

Compared to the nearby listings

Price:$985.0K vs avg $905.0K (+$80,000)63%
Size:2,001 sqft vs avg 2,456.5 sqft30%
Price/sqft:$492 vs avg $39684%

More Insights

Built in 1972 (53 years old).
Condition: Despite being built in 1972, this property has undergone significant recent renovations that make it move-in ready. The kitchen features new granite countertops and new stainless steel appliances, including an induction cooktop and convection oven. The main bathroom has been completely rehabbed with new fixtures and granite. New vinyl flooring and fresh interior paint are present throughout. While the property's age and lack of explicit updates to major systems like HVAC or roof prevent an 'Excellent' rating, the extensive and high-quality updates to key areas like the kitchen, main bathroom, and flooring, along with the re-plastered pool/spa, position it firmly in the 'Good' category.
Year Built
1972
Close
-
List price
$985K
Original List price
$985K
Price/Sqft
$492
HOA
-
Days on market
-
Sold On
-
MLS number
IV25250056
Home ConditionGood
Features
Pool
Spa
Patio
ViewNeighborhood

About this home

Welcome to this spacious 3-bedroom, 2-bath home with an additional bonus room/office offering 2,001 sq. ft. of comfortable living in one of Corona’s most desirable neighborhoods. This home features brand-new vinyl flooring and fresh interior paint, giving it a clean, modern feel from the moment you walk in. The kitchen has new granite counter tops, stainless steel appliances, new Induction electric cook top stove, convection oven, new dishwasher, and a self cleaning oven. Home boasts a large fireplace in the living room. Main bathroom has been completely rehabbed with new shower/tub, new sink with granite counter top and a new toilet. Enjoy the private backyard oasis complete with a sparkling swimming pool and spa which have both been re-plastered! Enjoy the lush landscaping, and multiple fruit trees that make this property truly special. The large yard offers plenty of room to relax and entertain. Conveniently located near local high schools, parks, shopping, and restaurants, this home combines comfort, location, and lifestyle all in one. 2843 James St is the perfect place to call home — schedule a showing today!

Condition Rating
Good
Despite being built in 1972, this property has undergone significant recent renovations that make it move-in ready. The kitchen features new granite countertops and new stainless steel appliances, including an induction cooktop and convection oven. The main bathroom has been completely rehabbed with new fixtures and granite. New vinyl flooring and fresh interior paint are present throughout. While the property's age and lack of explicit updates to major systems like HVAC or roof prevent an 'Excellent' rating, the extensive and high-quality updates to key areas like the kitchen, main bathroom, and flooring, along with the re-plastered pool/spa, position it firmly in the 'Good' category.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20038, living area = 2001.
Extensive Recent Renovations: The property boasts brand-new vinyl flooring, fresh interior paint, a fully rehabbed kitchen with new granite countertops and stainless steel appliances (including induction cooktop and convection oven), and a completely updated main bathroom, offering a modern, move-in ready appeal.
Premium Outdoor Living: A private backyard oasis features a recently re-plastered sparkling swimming pool and spa, lush landscaping, and multiple fruit trees, all situated on a very generous 20,038 sqft lot, providing exceptional recreational and entertainment opportunities.
Desirable Location & Convenience: Located in 'one of Corona’s most desirable neighborhoods,' the home offers convenient access to local high schools, parks, shopping, and restaurants, enhancing lifestyle and potential long-term value.
Spacious and Versatile Layout: With 2,001 sq. ft. of living space, including 3 bedrooms, 2 baths, and an additional bonus room/office, the property provides ample room and flexibility for various family needs or dedicated workspace.
Modern Kitchen Appliances: The kitchen is equipped with new, high-end stainless steel appliances, including an Induction electric cooktop stove, convection oven, new dishwasher, and a self-cleaning oven, appealing to modern culinary preferences.

Cons

Listing Price vs. Estimated Value: The current listing price of $985,000 is approximately 5% higher than the estimated property value of $927,065, which may require justification or negotiation during the sales process.
Age of Property: Built in 1972, the home is over 50 years old. While significant cosmetic and some functional updates have been completed, potential buyers may have concerns regarding the age and condition of major underlying systems (e.g., HVAC, roof, electrical) not explicitly mentioned as updated.
Lack of Specific System Updates: Despite extensive cosmetic renovations, the property description does not detail updates to critical systems such as the HVAC unit, plumbing, or electrical panel, which could represent future maintenance or replacement costs for a buyer.

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