NOT LISTED FOR SALE

10208 Hedrick Ave Riverside, CA 92503

Arlanza Neighborhood

Estimated Value: $641,000 - $1,077,000

5 Beds
3 Baths
1,966 Sq Ft
$402/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2024

Last sale price $749,900 $381 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,581 / mo

13 Days on Market

Highlights

  • 0.44 Acre Lot
  • No Heating
  • 1-Story Property
  • No HOA

About This Home

As of October 2024

A rare opportunity to own 2 on a lot on nearly a half acre parcel. Located close to schools, shopping and transportation these 2 units sit on a 19,166 square foot lot. A great opportunity for large families or an investor. These units do need some tlc. The front unit is 3 bedrooms & 2 bathrooms & a attached 2 car garage. The rear home offers 2 bedrooms & 1 bathroom & also has a 2 car garage. Behind the 2 homes sits another nice size lot that could be used for storage or an additional residence. There is plenty of parking on both units.

Last Agent to Sell the Property

Rudy Montoya

Alliance Residential Brokerage Phone: 951-538-7343 License #01407285 Listed on: 09/26/2024

Last Buyer's Agent

Raquel Terrones

RE/MAX One License #01707929

RE/MAX One

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 19,166 Sq Ft Lot
  • No Common Walls
  • Rural Setting
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,966 Sq Ft Home
  • 1-Story Property
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 7 / 14
  • Tax Tract Number 412
  • Assessor Parcel Number 147230020
  • $57 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $45,000
  • Net Operating Income $33,750

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0.44 Acres

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: R1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 147230020
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 381.43

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 19166.00
  • Lot Size Acres: 0.4400

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 45000.00
  • Gross Scheduled Income: 45000.00
  • Lot Size Area: 19166.0000 Square Feet
  • Net Operating Income: 33750.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 11250.00
  • Operating Expense Percent: 25.00
  • Rent Control: No

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 412.02
  • Tax Lot: 7
  • Tax Tract Number: 412.02
  • TaxOtherAnnualAssessmentAmount: 57.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Oct 15, 2024
Sold by
Bought by
Seller's Agent
Rudy Montoya
Alliance Residential
Buyer's Agent
Raquel Terrones
RE/MAX One
List Price
$749,900
Sold Price
$749,900
Views
18
Current Estimated Value
$790,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,157
Avg. Annual Appreciation
3.23%
Original Mortgage
$400,000
Outstanding Balance
$395,584
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$394,473

Purchase Details

Closed on
May 10, 2005
Sold by
Bought by

Purchase Details

Closed on
Feb 7, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
5.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 2004
Sold by
Bought by

Purchase Details

Closed on
Sep 15, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 2, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,540
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$750,000 Ticor Title Company
-- --
-- Diversified Title & Escrow S
-- --
$300,000 United Title Company
-- United Title Company
$130,000 First American Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $400,000
Previous Owner $266,250
Previous Owner $225,000
Previous Owner $128,540
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $749,900 0.0% $381 / Sq Ft
10/09/2024 10/09/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $749,900 -- $381 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,866 $749,900 $225,000 $524,900
2023 $3,866 $307,459 $88,815 $218,644
2022 $3,578 $301,431 $87,074 $214,357
2021 $3,525 $295,521 $85,367 $210,154
2020 $3,468 $292,492 $84,492 $208,000
2019 $3,423 $286,758 $82,836 $203,922
2018 $3,376 $281,136 $81,212 $199,924
2017 $3,314 $275,624 $79,620 $196,004
2016 $3,260 $270,220 $78,059 $192,161
2015 $3,212 $266,164 $76,888 $189,276
2014 $3,202 $260,952 $75,383 $185,569
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Rudy Montoya

    Alliance Residential

    (951) 538-7343

    1 in this area

    7 Total Sales

    Rudy Montoya
    Section Image
  • Raquel Terrones

    Buyer's Agent in 2024

    Raquel Terrones

    RE/MAX

    (714) 473-0232

    2 in this area

    43 Total Sales

    Raquel Terrones
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG24197409

California Regional Multiple Listing Service (CRMLS)

APN: 147-230-020

California Riverside County Riverside 92503 Arlanza

10208 Hedrick Ave, Riverside, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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