NOT LISTED FOR SALE

Estimated Value: $674,464 - $760,000

4 Beds
2 Baths
2,031 Sq Ft
$350/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $585,000 $288 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,496/month

6 Days on Market

Highlights

  • Updated Kitchen
  • Fireplace in Guest House
  • No HOA
  • Maid or Guest Quarters
  • Granite Countertops
  • Neighborhood Views

About This Home

As of August 2021

Welcome to Mercer Avenue! This is a fantastic property that was completely renovated in 2019. Enjoy a beautiful open kitchen which features granite counters, new appliances and a beverage fridge. Upgraded kitchen cabinets and backsplash. Access to the laundry room through the kitchen. Beautiful tile work around the fireplace in the large, open living room. 4 spacious bedrooms with plenty of storage. New laminate flooring throughout. New irrigation system and sod in the front and back. The garage was converted into a one-bedroom apartment (approximately 400-500 sq ft.) including a 3/4 bath and it’s own separate entrance. Features a fireplace w/ chimney, a kitchenette with a gas range and hood. The bedroom does include a closet. The entrance to the apartment is behind a gate and separate from the backyard. Perfect for multiple families. The curb appeal will show the second you pull up. Located near many shopping centers, restaurants, and the Tyler mall. Walking distance to Rancho Loma park. This property is a true gem in the beautiful city of Riverside. *Please note there was one bedroom that was not photographed. Great investment opportunity!

Last Agent to Sell the Property

Karli Henderson

Colonial Realty Group License #02084158 Listed on: 06/26/2021

Last Buyer's Agent

Sal Salinas

RE/MAX Galaxy License #01912363

RE/MAX Galaxy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,447

Year Built

  • Built in 1963

Lot Details

  • 7,405 Sq Ft Lot
  • Wood Fence
  • Back and Front Yard

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,031 Sq Ft Home
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Laundry Room
  • Laminate Flooring
  • Neighborhood Views

Kitchen

  • Kitchenette
  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Granite Countertops
  • Built-In Trash or Recycling Cabinet

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Maid or Guest Quarters
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Exhaust Fan In Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps
  • More Than Two Accessible Exits

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Additional Homes

  • Fireplace in Guest House

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 9175
  • Assessor Parcel Number 143314005

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,447

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 143314005
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2031.00 Square Feet
  • Interior Amenities: Granite Counters, Recessed Lighting, Storage
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Accessibility Features: 2+ Access Exits, No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Guest House, Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 288.04
  • Room Type: Family Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room
  • Bathroom Features: Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s)
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Kitchen Open To Family Room, Kitchenette, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete, Covered
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Cooktop, Vented Exhaust Fan
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks, Street Lights

Schools

  • School District: Alvord Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700
  • Latitude Manual: 33.90739200

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 009175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2021
Closed on
Jul 13, 2021
Sold by
Barrios Eric Adrian
Bought by
Mayet Yusuf and Jann Cara
Seller's Agent
Karli Henderson
Colonial Realty Group
Buyer's Agent
Sal Salinas
RE/MAX Galaxy
List Price
$575,000
Sold Price
$585,000
Premium/Discount to List
$10,000
1.74%
Current Estimated Value
$711,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,116
Avg. Annual Appreciation
5.20%
Original Mortgage
$438,750
Outstanding Balance
$399,820
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$317,421

Purchase Details

Listed on
Dec 29, 2019
Closed on
Dec 11, 2019
Sold by
Elite Premier Investments Inc
Bought by
Barrios Eric Adrian
Seller's Agent
David Ramirez
Express Realty & Investments
Buyer's Agent
David Ramirez
Express Realty & Investments
Sold Price
$1,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.28%
Original Mortgage
$475,000
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Listed on
Apr 17, 2019
Closed on
Aug 16, 2019
Sold by
Salvati Anthony
Bought by
Elite Premier Investments Inc
Seller's Agent
Michael Turner
REALTY ONE GROUP WEST
Buyer's Agent
Michael Turner
REALTY ONE GROUP WEST
List Price
$200,000
Sold Price
$304,000
Premium/Discount to List
$104,000
52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
321.92%
Original Mortgage
$296,100
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 2007
Sold by
Salvati Francis James
Bought by
Salvati Thomas M

Purchase Details

Closed on
Jun 22, 2005
Sold by
Salvati Thomas M
Bought by
Salvati Thomas M and Salvati Francis James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
1%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 3, 2004
Sold by
Salvati Thomas M
Bought by
Salvati Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
5.64%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 11, 2002
Sold by
Sivananda Poopal and Sivananda Carma
Bought by
Salvati Thomas M

Purchase Details

Closed on
Feb 2, 1994
Sold by
Salvati Thomas M
Bought by
Sivananda Carma
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
Mayet Yusuf $585,000 Corinthian Title Company
Barrios Eric Adrian $475,000 Western Resources Title Co
Elite Premier Investments Inc $304,000 Western Resources Title Co
Salvati Thomas M -- United Title Company
Salvati Thomas M -- --
Salvati Thomas M -- Diversified Title & Escrow S
Salvati Thomas M -- --
Sivananda Carma -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayet Yusuf $438,750
Previous Owner Barrios Eric Adrian $475,000
Previous Owner Elite Premier Investments Inc $296,100
Previous Owner Salvati Thomas M $210,000
Previous Owner Salvati Thomas M $133,000
Previous Owner Sivananda Poopal $14,300
Previous Owner Sivananda Poopal $104,000
Previous Owner Sivananda Poopal $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Sold $585,000 +1.7% $288 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/26/2021 06/26/21 For Sale $575,000 0.0% $283 / Sq Ft
02/05/2020 02/05/20 Rented $1,995 0.0% --
01/23/2020 01/23/20 Under Contract -- -- --
01/05/2020 01/05/20 Price Changed $1,995 -9.3% $1 / Sq Ft
12/29/2019 12/29/19 For Rent $2,200 0.0% --
12/16/2019 12/16/19 Sold $475,000 0.0% $234 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $475,000 +56.3% $234 / Sq Ft
08/26/2019 08/26/19 Sold $304,000 +52.0% $150 / Sq Ft
07/05/2019 07/05/19 For Sale $200,000 0.0% $98 / Sq Ft
06/27/2019 06/27/19 Price Changed $200,000 -9.1% $98 / Sq Ft
06/05/2019 06/05/19 Price Changed $220,000 -27.6% $108 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
04/17/2019 04/17/19 Off Market $304,000 -- --
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 $7,447 $620,806 $74,284 $546,522
2023 $7,447 $596,700 $71,400 $525,300
2022 $6,890 $585,000 $70,000 $515,000
2021 $5,596 $479,920 $70,725 $409,195
2020 $5,522 $475,000 $70,000 $405,000
2019 $2,949 $253,158 $77,890 $175,268
2018 $2,907 $248,195 $76,363 $171,832
2017 $2,852 $243,329 $74,866 $168,463
2016 $2,804 $238,559 $73,399 $165,160
2015 $2,762 $234,978 $72,298 $162,680
2014 $2,751 $230,378 $70,883 $159,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21139544

California Regional Multiple Listing Service (CRMLS)

APN: 143-314-005