NOT LISTED FOR SALE

11131 Mountain Ave Riverside, CA 92505

La Sierra Neighborhood

Estimated Value: $452,000 - $579,000

9 Beds
4 Baths
624 Sq Ft
$847/Sq Ft Est. Value

Last Sold January 16, 2015

Last sale price $270,000 $433 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,185/month

71 Days on Market

About This Home

As of January 2015

This home is located at 11131 Mountain Ave, Riverside, CA 92505 since 15 October 2014 and is currently estimated at $528,782, approximately $847 per square foot. This property was built in 1948. 11131 Mountain Ave is a home located in Riverside County with nearby schools including Valley View Elementary School, Ysmael Villegas Middle School, and La Sierra High School.

Last Agent to Sell the Property

Eren Atilano-Burch

Equity Pacific Coast License #01416184 Listed on: 10/15/2014

Last Buyer's Agent

Albert Hanna

Alt Financial Network Inc License #00926155

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,551

Year Built

  • Built in 1948

Lot Details

  • 0.25 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Parking Spaces

Home Design

  • 624 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 2
  • Assessor Parcel Number 146154016

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $7,200
  • Insurance Expense $600
  • New Taxes Expense $60
  • Gross Income $3,775
  • Net Operating Income $2,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,551

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 146154016
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 432.69

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10890.00
  • Lot Size Acres: 0.2500

Multi Family

  • Electric Expense: 7200.00
  • Gross Income: 3775.00
  • Gross Scheduled Income: 3775.00
  • Insurance Expense: 600.00
  • Lot Size Area: 10890.0000 Square Feet
  • Net Operating Income: 2500.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 690.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 60.00
  • Tax Lot: 5
  • Tax Tract Number: 2
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2014
Closed on
Dec 17, 2014
Sold by
Montalvo Humberto V
Bought by
Richard Don S and Richard Judith A
Seller's Agent
Eren Atilano-Burch
Equity Pacific Coast
Buyer's Agent
Albert Hanna
Alt Financial Network Inc
List Price
$349,900
Sold Price
$270,000
Premium/Discount to List
-$79,900
-22.84%
Current Estimated Value
$528,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,782
Avg. Annual Appreciation
6.45%

Purchase Details

Closed on
Aug 25, 1995
Sold by
Montalvo Humberto V
Bought by
Montalvo Humberto and Montalvo 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
Richard Don S $270,000 Title 365
Montalvo Humberto -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2015 01/16/15 Sold $270,000 -22.8% $433 / Sq Ft
12/11/2014 12/11/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $349,900 -- $561 / 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 $4,551 $324,490 $72,105 $252,385
2023 $4,491 $311,892 $69,306 $242,586
2022 $4,259 $305,778 $67,948 $237,830
2021 $3,574 $299,783 $66,616 $233,167
2020 $3,517 $296,710 $65,933 $230,777
2019 $3,472 $290,893 $64,641 $226,252
2018 $3,424 $285,190 $63,375 $221,815
2017 $3,361 $279,599 $62,133 $217,466
2016 $3,306 $274,117 $60,915 $213,202
2015 $1,161 $92,344 $36,936 $55,408
2014 $1,157 $90,537 $36,213 $54,324
Source: Public Records

Agents Affiliated with this Home

  • Eren Atilano-Burch

    Seller's Agent in 2015

    Eren Atilano-Burch

    Equity Pacific Coast

    (951) 616-0479

    24 Total Sales

    Eren Atilano-Burch
    Section Image
  • Albert Hanna

    Buyer's Agent in 2015

    Albert Hanna

    Alt Financial Network Inc

    (714) 448-0126

    31 Total Sales

    Albert Hanna
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14210783

California Regional Multiple Listing Service (CRMLS)

APN: 146-154-016

California Riverside County Riverside 92505 La Sierra

11131 Mountain Ave, Riverside, CA

This home is located at 11131 Mountain Ave, Riverside, CA 92505 since 15 October 2014 and is currently estimated at $528,782, approximately $847 per square foot. This property was built in 1948. 11131 Mountain Ave is a home located in Riverside County with nearby schools including Valley View Elementary School, Ysmael Villegas Middle School, and La Sierra 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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