$140,000
SOLD MAR 30, 2017

1040 Central Ave Unit 1 Riverside, CA 92507

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

Recently Sold

$163 Per Sq Ft

7% Below List Price

107 Days on Market

Highlights

  • Primary Bedroom Suite
  • Traditional Architecture
  • Balcony
  • Open Floorplan
  • Community Pool
  • Laundry Room

About This Home

As of October 2022

***LOCATION, LOCATION, LOCATION*** These units rarely become available. Conveniently located within walking distance to UCR and the Canyon Crest Town Center. This upper corner unit has a Bright and open family room that leads to the kitchen & dining room with private balcony patio. The master bedroom is good sized and the bathroom has mirrored closet doors and a Tub/Shower combo. Central air/heat. Close to UCR, the freeway and shopping! This condo has a very open feel with lots of light from all the windows and the balcony. Great for a UCR student and a great investment opportunity!

Last Agent to Sell the Property

Pam Euker

REALTY ONE GROUP HOMELINK License #01426978 Listed on: 11/17/2016

REALTY ONE GROUP HOMELINK

Last Buyer's Agent

TRISTAN LOOP

WESTCOE REALTORS INC License #01977529

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,403

Year Built

  • Built in 1970

Lot Details

  • 1 Common Wall
  • Wood Fence
  • Landscaped

HOA Fees

  • $360 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Stucco

Interior Spaces

  • 861 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Family Room with Fireplace
  • Dining Room
  • Storage
  • Laundry Room

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • 1 Full Bathroom

Home Security

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available

Outdoor Features

  • Fence Around Pool
  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Central Water Heater
  • Phone Available

Additional Features

  • Doors swing in
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 42206
  • Assessor Parcel Number 254173001

Community Details

Recreation

  • Community Pool

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Laundry Facilities

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

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: R3
  • Architectural Style: Traditional
  • 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
  • Entry Location: second floor
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Dining Room
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 162.60
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Master Bathroom, Master Bedroom, Master Suite

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Features: Community, Fenced
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Microwave, Water Heater Central
  • 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
  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level with Street
  • Lot Size Sq Ft: 871.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 422.06
  • Tax Lot: 1
  • Tax Tract Number: 042206

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
$325,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,253
Avg. Annual Appreciation
2.83%
Original Mortgage
$284,999
Outstanding Balance
$273,649
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$51,603

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
10.89%

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 Type Sale Price Title Company
Grant Deed $300,000 First American Title
Deed -- First American Title
Gift Deed -- --
Interfamily Deed Transfer -- Orange Coast Title
Grant Deed $140,000 Orange Coast Title
Interfamily Deed Transfer -- None Available
Grant Deed $83,000 Fnt Ie
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $284,999 New Conventional
Previous Owner $123,500 New Conventional
Previous Owner $123,500 New Conventional
Previous Owner $126,000 New Conventional
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: IV16749568

California Regional Multiple Listing Service (CRMLS)

APN: 254-173-001