Seller's Agent in 2019
Rob Arrietta
RE/MAX
(951) 278-2000
34 Total Sales
11364 Magnolia Ave Riverside, CA 92505
La Sierra NeighborhoodEstimated Value: $1,331,000 - $1,592,000
10
Beds
6
Baths
4,000
Sq Ft
$357/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Cul-De-Sac
- Tile Flooring
- No HOA
- Laundry Room
- Central Air
About This Home
As of October 2019West Riverside 4-Plex * No Rent Control * Excellent Location on Magnolia, just North of the 91 Freeway, bordering Corona! Units A & D are 2-story. 3 bed, 1.5 bath, fenced back yards, Main floors in these Units are 100% ceramic tile! Unit A has a Fireplace! Units B & C are upstairs with main floor entries & have Private Balconies. All units have Two-Car, Attached Garages with Laundry Hook-Ups in each Garage. Each unit has their own Gas & Electric meters. Excellent Cash-Flow! This would be a GREAT owner-occupant building! Live in one unit, rent the other Three!
Last Agent to Sell the Property
Re/Max Partners License #00831652 Listed on: 03/12/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1984
Lot Details
- 12,197 Sq Ft Lot
- Two or More Common Walls
- Cul-De-Sac
Parking
- 8 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Quadruplex
- Frame Construction
- Shingle Roof
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 4,000 Sq Ft Home
- Living Room with Fireplace
Kitchen
- Gas Range
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Property is near public transit
Utilities
- Central Air
- Heating System Uses Natural Gas
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 6
- Tax Tract Number 9787
- Assessor Parcel Number 132030010
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Electric Expense $300
- Gardener Expense $1,320
- Insurance Expense $1,600
- Pest Control $744
- Professional Management Expense $5,376
- Trash Expense $1,308
- Water Sewer Expense $2,700
- New Taxes Expense $11,760
- Operating Expense $26,198
- Gross Income $67,200
- Net Operating Income $41,002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 12, 2019
Closed on
Nov 14, 2019
Sold by
Drouin Wilfred T and Drouin Susan
Bought by
Glacier Park Investments Llc
Seller's Agent
Rob Arrietta
Re/Max Partners
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$979,900
Sold Price
$945,000
Premium/Discount to List
-$34,900
-3.56%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,877
Avg. Annual Appreciation
6.57%
Purchase Details
Closed on
Jul 30, 2019
Sold by
Evans Derick F and Evans Marlene
Bought by
Drouin Wilfred T and Drouin Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 16, 2005
Sold by
Powerhouse Marketing Inc
Bought by
Evans Derick F and Evans Marlene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
5.43%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Apr 18, 2005
Sold by
Global Trans Inc
Bought by
Future Real Estate Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
5.43%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Mar 15, 2005
Sold by
Harpole Woodrow W
Bought by
Castro Robert Alexander
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,500
Interest Rate
7.99%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 7, 2003
Sold by
Astruc Gilbert P and Astruc Sharon Cole
Bought by
Harpole Woodrow W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
5.71%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 2, 1995
Sold by
Stjames Michael John
Bought by
Astruc Gilbert P and Astruc Sharon Cole
Purchase Details
Closed on
Jun 29, 1995
Sold by
Butchko Brian and Butchko Lynette
Bought by
Stjames Michael J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Glacier Park Investments Llc | -- | None Available | |
| Drouin Wilfred T | $955,000 | Ticor Title | |
| Evans Derick F | $870,000 | First American Title Company | |
| Powerhouse Marketing Inc | -- | First American Title Company | |
| Castro Robert Alexander | -- | First American Title Company | |
| Castro Robert Alexander | -- | First American Title Company | |
| Future Real Estate Inc | -- | First American Title Company | |
| Global Trans Inc | -- | First American Title Company | |
| Future Real Estate Inc | -- | -- | |
| Castro Robert Alexander | $725,000 | First American Title Company | |
| Harpole Woodrow W | $405,000 | First American Title Co | |
| Astruc Gilbert P | $60,000 | United Title | |
| Stjames Michael J | $122,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Drouin Wilfred T | $675,000 | |
| Previous Owner | Evans Derick F | $588,000 | |
| Previous Owner | Castro Robert Alexander | $652,500 | |
| Previous Owner | Harpole Woodrow W | $273,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/07/2019 10/07/19 | Sold | $945,000 | -3.6% | $236 / Sq Ft |
| 07/26/2019 07/26/19 | Pending | -- | -- | -- |
| 04/19/2019 04/19/19 | For Sale | $979,900 | 0.0% | $245 / Sq Ft |
| 03/19/2019 03/19/19 | Pending | -- | -- | -- |
| 03/12/2019 03/12/19 | For Sale | $979,900 | -- | $245 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $12,461 | $1,033,490 | $267,940 | $765,550 |
| 2023 | $12,461 | $993,361 | $257,537 | $735,824 |
| 2022 | $11,534 | $973,885 | $252,488 | $721,397 |
| 2021 | $11,323 | $954,790 | $247,538 | $707,252 |
| 2020 | $11,141 | $945,000 | $245,000 | $700,000 |
| 2019 | $9,694 | $815,000 | $210,000 | $605,000 |
| 2018 | $12,694 | $1,065,791 | $224,177 | $841,614 |
| 2017 | $12,458 | $1,044,894 | $219,782 | $825,112 |
| 2016 | $12,253 | $1,024,407 | $215,473 | $808,934 |
| 2015 | $12,074 | $1,009,022 | $212,238 | $796,784 |
| 2014 | $12,036 | $989,259 | $208,082 | $781,177 |
Source: Public Records
Agents Affiliated with this Home
-
Rob Arrietta
-
Prashant Sampat
Buyer's Agent in 2019
Prashant Sampat
Pacific Avenue Realty
(562) 841-0227
214 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG19052898
APN: 132-030-010
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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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