NOT LISTED FOR SALE

10498 Cypress Ave Riverside, CA 92505

La Sierra Acres Neighborhood

Estimated Value: $158,132 - $342,000

1.2 Acres
$205,861 Price per Acre
52,272 Sq Ft Lot

Last Sold May 03, 2024

Last sale price $310,000

Est. 20% decrease in value since last sale

Current estimated payment $1,437/month

136 Days on Market

About This Lot

As of May 2024

***HOT***HOT****Calling all Developers! or... Build your dream home on this beautiful parcel... in the middle of everything, yet secluded enough within a residential area. Possible other uses like subdivision, Home's and ADU's, etc. is just a matter of presenting your ideas to City planning. Lot is over 1 acre, (1.2ac) for your enjoyment or development.

Last Agent to Sell the Property

Felipe Olvera

2K REAL ESTATE Brokerage Phone: 951-377-6983 License #01097499 Listed on: 11/16/2023

Last Buyer's Agent

Felipe Olvera

2K REAL ESTATE Brokerage Phone: 951-377-6983 License #01097499 Listed on: 11/16/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,593

Lot Details

  • 1.2 Acre Lot
  • Density is up to 1 Unit/Acre
  • Land Lease
  • Property is zoned R1

Location

  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1 / 5
  • Assessor Parcel Number 150190047
  • $43 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$1,593

Lot Details

0

Listing Details

  • View: No
  • Zoning: R1
  • Property Type: Land
  • Parcel Number: 150190047
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 5.93

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 0-1 Unit/Acre, 2-5 Units/Acre
  • Lot Size Sq Ft: 52272.00
  • Lot Size Acres: 1.2000

Multi Family

  • Lot Size Area: 52272.0000 Square Feet

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 411.02
  • Tax Lot: 1
  • TaxOtherAnnualAssessmentAmount: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2025
Sold by
Olvera Christopher and Ortiz Alberto Olvera
Bought by
Olvera Christopher and Ortiz Alberto Olvera
Current Estimated Value
$247,033

Purchase Details

Listed on
Nov 16, 2023
Closed on
Mar 28, 2024
Sold by
Sabella Rania Trust and Khamo Rania
Bought by
Olvera Christopher and Ortiz Alberto Olvera
Seller's Agent
Felipe Olvera
2K REAL ESTATE
Buyer's Agent
Felipe Olvera
2K REAL ESTATE
List Price
$330,000
Sold Price
$310,000
Premium/Discount to List
-$20,000
-6.06%
Views
284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.27%

Purchase Details

Closed on
Jan 31, 2023
Sold by
Sabella Rania
Bought by
Sabella Rania Trust

Purchase Details

Closed on
Jul 30, 2021
Sold by
Khamo Asian
Bought by
Sabefla Rania

Purchase Details

Listed on
Feb 6, 2015
Closed on
May 29, 2015
Sold by
Jones Willie D and Jones Francie D
Bought by
Khamo Aslan and Khamo Ranla
Seller's Agent
ROBIN RICE
RICH COSNER & ASSOCIATES
Buyer's Agent
Felipe Olvera
2K REAL ESTATE
List Price
$549,900
Sold Price
$540,000
Premium/Discount to List
-$9,900
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.37%
Original Mortgage
$350,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2006
Sold by
Schultheiss David
Bought by
Jones Willie D and Jones Francie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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

Date Buyer Sale Price Title Company
Olvera Christopher -- None Listed On Document
Olvera Christopher $310,000 Stewart Title Of California
Sabella Rania Trust -- --
Sabefla Rania -- Accommodation
Khamo Aslan -- Lawyers Title
Jones Willie D $525,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khamo Aslan $350,000
Previous Owner Jones Willie D $420,000
Previous Owner Schultheiss David $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $310,000 -6.1% --
03/31/2024 03/31/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $330,000 0.0% --
01/23/2024 01/23/24 Pending -- -- --
11/16/2023 11/16/23 For Sale $330,000 -38.9% --
07/02/2015 07/02/15 Sold $540,000 -1.8% $152 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $549,900 -- $155 / 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 $1,593 $316,200 $316,200 --
2023 $1,593 $125,158 $125,158 $0
2022 $1,476 $122,704 $122,704 $0
2021 $1,466 $120,299 $120,299 $0
2020 $1,443 $119,066 $119,066 $0
2019 $1,425 $116,732 $116,732 $0
2018 $1,406 $114,444 $114,444 $0
2017 $1,381 $112,200 $112,200 $0
2016 $1,359 $110,000 $110,000 $0
2015 $1,123 $90,000 $90,000 $0
2014 $1,142 $90,000 $90,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Felipe Olvera

    Seller's Agent in 2024

    Felipe Olvera

    2K REAL ESTATE

    (951) 377-6983

    1 in this area

    21 Total Sales

    Felipe Olvera
    Section Image

  • R

    Seller's Agent in 2015

    ROBIN RICE

    RICH COSNER & ASSOCIATES

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23212730

California Regional Multiple Listing Service (CRMLS)

APN: 150-190-047

California Riverside County Riverside 92505 La Sierra Acres

10498 Cypress Ave, Riverside, CA

This home is located at 10498 Cypress Ave, Riverside, CA 92505 since 16 November 2023 and is currently estimated at $247,033. 10498 Cypress Ave is a home located in Riverside County with nearby schools including La Granada Elementary School, Wells Middle School, and Norte Vista High School.

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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