2951 Via Milano 202, Corona, California 92879, Corona, 92879 - 2 bed, 2 bath
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Corona, California 92879
This Turnkey Condominium represents a Strong Value Opportunity, listed at $424,888—positioned well below the $425,849 Fair Market Value by 0.22%. Featuring a Condition Rating of 3, this upper-level unit offers a bright, open layout with scenic mountain views and modern cosmetic updates. With FHA-approved status and aggressive seller incentives, including a $10,000 rate buy-down, this property provides a stable entry point for first-time buyers or investors seeking a move-in ready asset in the Alvord Unified School District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2951 Via Milano 202 Subject | $424,888* List Price | 2 | 2 | 1,007 | $423 | - |
A 2900 Via Toscana 101 Sold | $465,000 | 2 | 2 | 1,120 | $415 | 0.1 mi |
B 2951 Via Milano 202 Active | $424,888 List Price | 2 | 2 | 1,007 | $422 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1994 (32 years old), it is move-in ready and well-maintained. Images show significant cosmetic updates including modern wide-plank flooring, neutral paint, and updated light fixtures. Being FHA-approved suggests systems are in functional condition, and the overall presentation exceeds the 'Fair' or 'Poor' categories typically associated with this age.
The seller is offering a $10,000 credit toward a mortgage rate buy-down and six months of pre-paid HOA fees, significantly lowering the barrier to entry and initial carrying costs.
As an FHA-approved condominium, this property is highly accessible to first-time homebuyers who may require low down-payment financing options.
Positioned as an upper-level unit, the condo features a private balcony with views of the hills and mountains, providing better privacy and natural light than lower-level units.
The property was recently sold within the past year on 2025-06-13. The sold price is $460,000.00.
The $540 monthly association fee is relatively high for the price point, which may impact a buyer's total monthly debt-to-income ratio and overall affordability.
While the elementary school is rated a 7, the middle and high schools are rated 5 and 6 respectively, which may be a drawback for families prioritizing top-tier school districts.
Welcome to 2951 Via Milano #202 in Corona now the best-priced condo in the community, Seller now offering incentives $10,000 towards rate buy down and 6 months of pre-paid HOA, Submit your offers within 7 days!! An incredible opportunity for buyers! Recently reduced for added value, this FHA-approved unit makes homeownership more accessible while offering exceptional value. This well-maintained upper-level condo features a bright and open layout with plenty of natural light, a comfortable living space, and a private balcony perfect for relaxing or entertaining. The kitchen flows seamlessly into the living area, creating an ideal setup for everyday living. Enjoy added convenience with the HOA covering water and trash, helping keep monthly expenses more manageable. Located in a desirable community close to shopping, dining, and easy freeway access, this home is perfect for first-time buyers, downsizers, or investors. Don’t miss your chance to own one of the best values in the area—schedule your private showing today!
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,007 | 1,054 | 29% |
| Lot Size | - | - | 50% |
| Price | $424.9K | $450.0K | 38% |
| Price per sq ft | $422 | $422 | 50% |
| Built year | 1994 | 1990 | 81% |
| HOA | $540.0 | $398 | 90% |
| Days on market | 9 | 148 | 5% |
May 28, 2026
$424,888
Initial Listing
Jun 13, 2025
$460,000
Public Record
Jan 17, 2013
$111,500
Public Record
Oct 31, 2008
$168,000
Public Record
Nov 17, 2004
$283,000
Public Record