10351 Wells Ave Unit 1,2 Riverside, CA 92505
La Sierra Acres NeighborhoodEstimated Value: $548,000 - $704,000
4
Beds
2
Baths
1,638
Sq Ft
$382/Sq Ft
Est. Value
Highlights
- 31,363 Sq Ft lot
- Granite Countertops
- Laundry Room
- Wood Flooring
- Cooling System Mounted To A Wall/Window
- Ceiling Fan
About This Home
As of August 2018Back on the market 8/12/2018 SUBJECT TO CANCELATION (BUYER DID NOT QUALIFY)Address is 10351 & 10353 Wells.DO NOT DISTURB TENANTS (NON OWNER OCCIPIED) DO NOT GO ON THE PROPERTY! 2 houses on 1 huge 31363 sq.ft. lot Both homes have been upgraded a few years back. Completely remodeled with Kitchen & Bathrooms!!! Premium maple cabinets with granite. Floors fixtures & appliances. The front house has a cozy fireplace ,tile and wood looking floors.1 car attached garage. The 2nd home has upgraded maple cabinets with granite and tile floor. This home has a shed for storage. Washer and dryer hook-ups for both home. Yards for both home. Seller pays water. Tenants pay all the other utilities .With plenty of room left over. Both tenants have been there for 7 years and take very good care of the property. This would be a great property to own. Please do not disturb the tenants !Drive by only offer is subject to INTERIOR INSPECTION! SEE AGENT REMARKS! sold as is
Last Agent to Sell the Property
Century 21 Masters License #00966171 Listed on: 06/22/2018
Last Buyer's Agent
Stanley Escobar
D & A Properties License #01358443
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,673
Year Built
- Built in 1948
Lot Details
- 0.72 Acre Lot
- No Common Walls
- South Facing Home
- Chain Link Fence
- No Sprinklers
- Density is 2-5 Units/Acre
Parking
- 6 Open Parking Spaces
- 1 Car Garage
Home Design
- Duplex
- Combination Foundation
- Composition Roof
- Stucco
Interior Spaces
- 1,638 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Family Room with Fireplace
Kitchen
- Gas Oven
- Gas Cooktop
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Location
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Sewer Paid
Listing and Financial Details
- Tenant pays for electricity, gas, sewer, trash collection
- Tax Lot 9
- Tax Tract Number 12
- Assessor Parcel Number 147220012
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
- 1 Separate Electric Meter
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $900
- Water Sewer Expense $80
- New Taxes Expense $4,231
- Operating Expense $80
- Gross Income $28,800
- Net Operating Income $2,320
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 5, 2020
Sold by
Garcia Graciela and Dovale Maria L
Bought by
Garcia Graciela and The Grace Garcia Trust
Total Days on Market
52
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,500
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 22, 2018
Closed on
Aug 29, 2018
Sold by
Runnings William Miles and Runnings Jennifer E
Bought by
Garcia Graciela and Dovale Maria L
Seller's Agent
Sharon Miller
Century 21 Masters
Buyer's Agent
Stanley Escobar
D & A Properties
List Price
$409,000
Sold Price
$409,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$306,750
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 22, 2018
Closed on
Aug 7, 2018
Sold by
Dovale Jonathan
Bought by
Dovale Maria L
Seller's Agent
Sharon Miller
Century 21 Masters
Buyer's Agent
Stanley Escobar
D & A Properties
List Price
$409,000
Sold Price
$409,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,750
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 28, 2011
Sold by
Fusion Real Estate Partnership
Bought by
Runnings William Miles and Runnings Jennifer E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
4.96%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 10, 2010
Sold by
Cioc Nicolae
Bought by
Fusion Real Estate Partnership
Purchase Details
Closed on
Sep 7, 2006
Sold by
Cioc Dorina
Bought by
Cioc Nicolae
Purchase Details
Closed on
Mar 17, 2005
Sold by
Cioc Nicolae and Cioc Dorina
Bought by
Cioc Nicolae and Cioc Dorina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.53%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 27, 2004
Sold by
Cioc Nicolae and Cioc Dorina
Bought by
Cioc Nicolae and Cioc Dorina
Purchase Details
Closed on
Feb 3, 2004
Sold by
Cioc Dorina
Bought by
Cioc Nicolae
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.61%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 26, 2004
Sold by
Hotea Alexandru
Bought by
Cioc Nicolae and Cioc Dorina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.61%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 10, 1998
Sold by
Hoten Olimpia
Bought by
Hotea Alexandru
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
10.5%
Mortgage Type
Commercial
Similar Homes in Riverside, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Garcia Graciela | -- | Old Republic Title Company | |
| Garcia Graciela | $409,000 | Lawyers Title | |
| Dovale Maria L | -- | Lawyers Title Ie | |
| Runnings William Miles | $230,000 | Equity Title Company | |
| Fusion Real Estate Partnership | -- | None Available | |
| Cioc Nicolae | -- | Security Union Title Ins Co | |
| Cioc Nicolae | -- | Commerce Title Company | |
| Cioc Nicolae | -- | -- | |
| Cioc Nicolae | -- | Commerce Title Company | |
| Cioc Nicolae | -- | Commerce Title Company | |
| Hotea Alexandru | -- | First American Title Co | |
| Cioc Nicolae | $105,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Grace Garcia Trust | $451,500 | |
| Closed | Garcia Graciela | $304,500 | |
| Closed | Garcia Graciela | $306,750 | |
| Previous Owner | Runnings William Miles | $176,000 | |
| Previous Owner | Runnings William Miles | $172,500 | |
| Previous Owner | Cioc Nicolae | $236,000 | |
| Previous Owner | Cioc Nicolae | $165,000 | |
| Previous Owner | Cioc Nicolae | $129,412 | |
| Previous Owner | Cioc Nicolae | $84,000 | |
| Closed | Cioc Nicolae | $10,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2018 08/31/18 | Sold | $409,000 | 0.0% | $250 / Sq Ft |
| 08/13/2018 08/13/18 | Pending | -- | -- | -- |
| 08/12/2018 08/12/18 | For Sale | $409,000 | 0.0% | $250 / Sq Ft |
| 07/15/2018 07/15/18 | Pending | -- | -- | -- |
| 07/10/2018 07/10/18 | Price Changed | $409,000 | -2.4% | $250 / Sq Ft |
| 06/22/2018 06/22/18 | For Sale | $419,000 | -- | $256 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| 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 |
|---|---|---|---|---|
| 2023 | $5,673 | $453,352 | $92,226 | $361,126 |
| 2022 | $5,249 | $444,464 | $90,418 | $354,046 |
| 2021 | $5,162 | $435,750 | $88,646 | $347,104 |
| 2020 | $4,916 | $417,180 | $76,500 | $340,680 |
| 2019 | $0 | $409,000 | $75,000 | $334,000 |
| 2018 | $3,116 | $258,967 | $84,444 | $174,523 |
| 2017 | $3,059 | $253,890 | $82,789 | $171,101 |
| 2016 | $3,009 | $248,913 | $81,166 | $167,747 |
| 2015 | $2,965 | $245,176 | $79,948 | $165,228 |
| 2014 | $2,955 | $240,376 | $78,383 | $161,993 |
Source: Public Records
Agents Affiliated with this Home
-
Sharon Miller
Seller's Agent in 2018
Sharon Miller
Century 21 Masters
(951) 316-7710
11 Total Sales
-
Buyer's Agent in 2018
Stanley Escobar
D & A Properties
(213) 247-0671
32 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG18150113
APN: 147-220-012
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