NOT LISTED FOR SALE

1040 Central Ave Unit 1 Riverside, CA 92507

Estimated Value: $319,661 - $490,000

1 Bed
1 Bath
861 Sq Ft
$360/mo HOA Fee

Last Sold October 07, 2022

Last sale price $299,999 $348 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,622/month

45 Days on Market

Highlights

  • Pool Heated Passively
  • Clubhouse
  • Balcony
  • Open Floorplan
  • Main Floor Primary Bedroom
  • Bathtub with Shower

About This Home

As of October 2022

Charming, upper 1 bedroom/1 bath corner unit in the desirable Canyon Crest area of Riverside. This spacious condominium offers a bright, open living/dining area, wood burning fireplace, laminate flooring and a sliding door to a private balcony. The kitchen has newly painted wood cabinets with new hardware, new light fixture, range, dishwasher, microwave and refrigerator. It has central air conditioning/heating with smart WIFI thermostat, storage closet/cabinets, and 1 assigned carport parking space. The spacious master bedroom looks out to a large vanity area with double sinks plus makeup area, huge mirrored closets and the private bathroom. The condo is an upper corner unit with only one shared wall with no one below you. The HOA offers a private, heated pool, clubhouse, new plumbing throughout building and new exterior paint scheduled for October. Close to Canyon Crest Country Club, downtown, shopping, restaurants, UCR, parks and much more. Hurry on this one, you won’t want to miss it!

Last Agent to Sell the Property

Nicole Byers

Keller Williams Coastal Prop. License #02004854 Listed on: 07/26/2022

Keller Williams Coastal Prop.

Co-Listed By

Eric Greene

Keller Williams Coastal Proper License #01358668

Last Buyer's Agent

Lorena Kelder

Realty ONE Group West License #01711804

Realty ONE Group West

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,403

Year Built

  • Built in 1970

Lot Details

  • 871

HOA Fees

  • $360 Monthly HOA Fees

Interior Spaces

  • 861 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Laundry Room
  • Laminate Flooring

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Carport
  • Parking Available

Outdoor Features

  • Pool Heated Passively
  • Balcony
  • Open Patio

Additional Features

  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5968
  • Assessor Parcel Number 254173001
  • $73 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 32 Units
  • Las Mesas Condominium Assoc Association, Phone Number (951) 682-5454
  • Weldon L. Brown Co., Inc HOA
  • Maintained Community

Amenities

  • Clubhouse
  • Meeting Room
  • Laundry Facilities

Recreation

  • Community Pool
  • Park

Pet Policy

  • Pets Allowed
  • Pet Restriction
  • Pet Size Limit

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,403

Year Built

Built in 1970

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: R3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 254173001
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 861.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Open Floorplan, Storage
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 348.43
  • Room Type: Kitchen, Living Room, Main Floor Master Bedroom
  • Bathroom Features: Shower In Tub, Double Sinks In Master Bath, Vanity Area

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio Open
  • Pool Features: Community, Heated Passively
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport, Covered
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Clubhouse, Meeting Room, Insurance, Maintenance Grounds, Trash, Sewer, Pet Rules, Pets Permitted, Weight Limit, Management
  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Association Name: Las Mesas Condominium Assoc
  • Phone: 951-682-5454
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Park, Sidewalks
  • Association Management: Weldon L. Brown Co., Inc

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 871.00
  • Lot Size Acres: 0.0200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 871.0000 Square Feet
  • Number Of Units In Community: 32
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 422.06
  • Tax Lot: 1
  • Tax Tract Number: 5968
  • TaxOtherAnnualAssessmentAmount: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Sep 15, 2022
Sold by
Peterson Allison R
Bought by
Herrera Stephen
Seller's Agent
Nicole Byers
Keller Williams Coastal Prop.
Buyer's Agent
Lorena Kelder
Realty ONE Group West
List Price
$319,000
Sold Price
$299,999
Premium/Discount to List
-$19,001
-5.96%
Views
25
Current Estimated Value
$374,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,666
Avg. Annual Appreciation
7.77%
Original Mortgage
$284,999
Outstanding Balance
$273,288
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$101,377

Purchase Details

Listed on
Nov 17, 2016
Closed on
Mar 20, 2017
Sold by
Peterson Jennifer Marie
Bought by
Peterson Kevin L
Seller's Agent
Pam Euker
REALTY ONE GROUP HOMELINK
Buyer's Agent
TRISTAN LOOP
WESTCOE REALTORS INC
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.78%
Original Mortgage
$126,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 17, 2016
Closed on
Mar 7, 2017
Sold by
Quandt Jane
Bought by
Peterson Allison R and Peterson Kevin L
Seller's Agent
Pam Euker
REALTY ONE GROUP HOMELINK
Buyer's Agent
TRISTAN LOOP
WESTCOE REALTORS INC
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2014
Sold by
Quandt Jane
Bought by
Quandt Jane and The Quandt Trust

Purchase Details

Listed on
Jul 5, 2011
Closed on
Jun 5, 2012
Sold by
Dyer Nancy M
Bought by
Quandt Jane
Seller's Agent
Donna Bohling
WESTCOE REALTORS INC
Buyer's Agent
Joan Shipps
Re/Max Partners
List Price
$83,000
Sold Price
$83,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.03%

Purchase Details

Closed on
Jan 30, 2012
Sold by
Dyer Nancy M
Bought by
Dyer Nancy and The Nancy Dyer Living Trust
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Herrera Stephen $300,000 First American Title
Peterson Allison R -- First American Title
Peterson Allison R -- --
Peterson Kevin L -- Orange Coast Title
Peterson Allison R $140,000 Orange Coast Title
Quandt Jane -- None Available
Quandt Jane $83,000 Fnt Ie
Dyer Nancy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrera Stephen $284,999
Previous Owner Peterson Allison R $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $299,999 0.0% $348 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
08/16/2022 08/16/22 Price Changed $299,999 -6.0% $348 / Sq Ft
07/26/2022 07/26/22 For Sale $319,000 +127.9% $370 / Sq Ft
03/30/2017 03/30/17 Sold $140,000 0.0% $163 / Sq Ft
03/04/2017 03/04/17 Pending -- -- --
02/25/2017 02/25/17 Price Changed $140,000 -6.7% $163 / Sq Ft
11/17/2016 11/17/16 For Sale $150,000 +80.7% $174 / Sq Ft
06/20/2012 06/20/12 Sold $83,000 0.0% $96 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
05/14/2012 05/14/12 For Sale $83,000 0.0% $96 / Sq Ft
03/29/2012 03/29/12 Pending -- -- --
01/04/2012 01/04/12 Price Changed $83,000 -7.3% $96 / Sq Ft
10/31/2011 10/31/11 Price Changed $89,500 -3.8% $104 / Sq Ft
08/03/2011 08/03/11 Price Changed $93,000 -6.5% $108 / Sq Ft
07/05/2011 07/05/11 For Sale $99,500 -- $116 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2025 $3,403 $312,117 $31,212 $280,905
2023 $3,403 $299,999 $30,000 $269,999
2022 $1,758 $153,107 $43,744 $109,363
2021 $1,747 $150,106 $42,887 $107,219
2020 $1,735 $148,568 $42,448 $106,120
2019 $1,703 $145,656 $41,616 $104,040
2018 $1,670 $142,800 $40,800 $102,000
2017 $1,079 $89,821 $32,465 $57,356
2016 $1,013 $88,061 $31,829 $56,232
2015 $998 $86,740 $31,351 $55,389
2014 $988 $85,043 $30,738 $54,305
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22164169

California Regional Multiple Listing Service (CRMLS)

APN: 254-173-001