NOT LISTED FOR SALE

11538 Springwood Ct Riverside, CA 92505

La Sierra Neighborhood

Estimated Value: $790,817 - $874,000

4 Beds
3 Baths
2,706 Sq Ft
$308/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $782,500 $289 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,200/month

46 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Property is near a park
  • Gated Community
  • Fireplace in Primary Bedroom
  • Main Floor Bedroom

About This Home

As of August 2024

Back on the market! Open plan single-story property is on the market for the first time in 20 years in the desirable Riverwalk community. Located on a quiet cul-de-sac in the Riverwalk gated community of Montecito, this house is a beautiful place to call home. This 4-bedroom property features a large kitchen island, plenty of storage, and an open floor plan perfect for entertaining. New designer paint throughout the house and luxury vinyl flooring in the master suite create a bright and welcoming atmosphere. The backyard is a gardener's dream with multiple fruit trees, including lemon, avocado, pomegranate, mango, blood orange, 3 varieties of guava, and fig. There is a new garage door, and kitchen appliances (stove, range, microwave) and central heating have been recently upgraded. The neighbors are kind, the community is quiet, and the house is perfect.

Last Agent to Sell the Property

SMITA PATEL

SMITA PATEL, BROKER License #01002699 Listed on: 05/23/2024

Last Buyer's Agent

Rao Yalamanchili

Positive Investments License #00530548

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,385

Year Built

  • Built in 2003 | Remodeled

Lot Details

  • 9,148 Sq Ft Lot
  • Cul-De-Sac
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped
  • Sprinklers on Timer
  • Lawn
  • Garden
  • Back and Front Yard

HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Planned Development
  • Permanent Foundation
  • Slab Foundation
  • Slate Roof
  • Stucco

Interior Spaces

  • 2,706 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Awning
  • Blinds
  • Window Screens
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Tile Bathroom Countertop
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom
  • Closet In Bathroom

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Wrap Around Porch

Schools

  • Mcauliffe Elementary School
  • Villegas Middle School
  • La Sierra High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected
  • Water Heater
  • Satellite Dish

Additional Features

  • Grab Bar In Bathroom
  • Property is near a park

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 290
  • Assessor Parcel Number 142550028
  • $1,214 per year additional tax assessments

Community Details

Overview

  • Montecito Association, Phone Number (949) 450-0202
  • Lordon Association, Phone Number (626) 967-7921
  • Action HOA

Amenities

  • Picnic Area

Recreation

  • Sport Court
  • Community Playground
  • Park

Security

  • Security Service
  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,385

Year Built

Built in 2003 | Remodeled

Lot Details

0

HOA Fees

$228 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire Sprinkler System, Gated Community, Security System, Smoke Detector(s)
  • View: No
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 142550028
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2706.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Accessibility Features: Grab Bars In Bathroom(s)
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, French Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Primary Bedroom, Gas
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 289.17
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
  • Window Features: Blinds, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Primary Bath, Exhaust Fan(s), Linen Closet/Storage, Main Floor Full Bath, Separate Tub And Shower, Soaking Tub, Tile Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Permanent, Slab
  • Exterior Features: Awning(s), Rain Gutters, Satellite Dish
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Patio And Porch Features: Concrete, Rear Porch, Wrap Around
  • Pool Private: No
  • Roof: Slate
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage Faces Front, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Gas Cooktop, Microwave, Water Heater
  • Electric: 220 Volts
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Riverwalk Master Association
  • Amenities: Picnic Area, Playground, Sport Court, Security, Controlled Access
  • Association Fee: 170.00
  • Association #2 Fee: 174.00
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Monthly
  • Association Name: Montecito
  • Phone: 949-450-0202
  • Association Phone #2: 626-967-7921
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Park, Sidewalks, Street Lights
  • Association Management: Action
  • Association Management 2: Lordon

Schools

  • Elementary School: McAuliffe
  • High School: La Sierra
  • Middle Or Junior School: Villegas
  • Elementary School #2: MCAULI
  • High School2: LASIE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Garden, Landscaped, Lawn, Park Nearby, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100
  • Latitude Manual: 33.90236300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9148.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 414.06
  • Tax Lot: 28
  • Tax Tract Number: 290...
  • TaxOtherAnnualAssessmentAmount: 1214.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jul 15, 2024
Sold by
11538 Springwood Ct Trust and Patel Jasu N
Bought by
Palakur Sridhar Reddy and Palakur Nagalatha
Seller's Agent
SMITA PATEL
SMITA PATEL, BROKER
Buyer's Agent
Rao Yalamanchili
Positive Investments
List Price
$809,000
Sold Price
$782,500
Premium/Discount to List
-$26,500
-3.28%
Views
57
Current Estimated Value
$832,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,954
Avg. Annual Appreciation
5.12%
Original Mortgage
$626,000
Outstanding Balance
$618,349
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$214,105

Purchase Details

Closed on
Sep 10, 2014
Sold by
Patel Jasu N and Patel Nanu D
Bought by
The 11538 Springwood Ct Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,400
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2005
Sold by
Patel Jasu Nanu and Patel Nanu Dahya
Bought by
11538 Springwood Ct Trust

Purchase Details

Closed on
Mar 30, 2004
Sold by
Patel Jasu Nanu
Bought by
Patel Jasu Nanu and Patel Nanu Dahya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 8, 2003
Sold by
Patel Nanu
Bought by
Patel Jasu Nanu

Purchase Details

Closed on
Feb 28, 2003
Sold by
Montecito Homes 119 Llc
Bought by
Patel Jasu Nanu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,990
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Palakur Sridhar Reddy $782,500 Commonwealth Land Title
The 11538 Springwood Ct Trust -- Stewart Title Guaranty
11538 Springwood Ct Trust -- --
Patel Jasu Nanu -- Ticor Title Company
Patel Jasu Nanu -- Investors Title Company
Patel Jasu Nanu $368,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palakur Sridhar Reddy $626,000
Previous Owner The 11538 Springwood Ct Trust $216,400
Previous Owner Patel Jasu Nanu $100,000
Previous Owner Patel Jasu Nanu $267,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2024 08/02/24 Sold $782,500 -0.9% $289 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
06/21/2024 06/21/24 Price Changed $790,000 -0.6% $292 / Sq Ft
06/07/2024 06/07/24 Price Changed $795,000 -1.7% $294 / Sq Ft
05/23/2024 05/23/24 For Sale $809,000 -- $299 / 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 $7,385 $782,500 $235,000 $547,500
2023 $7,385 $503,913 $132,235 $371,678
2022 $6,890 $494,034 $129,643 $364,391
2021 $6,756 $484,348 $127,101 $357,247
2020 $6,650 $479,382 $125,798 $353,584
2019 $6,553 $469,983 $123,332 $346,651
2018 $6,462 $460,768 $120,914 $339,854
2017 $6,331 $451,735 $118,544 $333,191
2016 $6,215 $441,000 $116,000 $325,000
2015 $5,980 $422,000 $111,000 $311,000
2014 $5,971 $417,000 $109,000 $308,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    SMITA PATEL

    SMITA PATEL, BROKER

    Section Image

  • R

    Buyer's Agent in 2024

    Rao Yalamanchili

    Positive Investments

    (813) 615-1282

    4 in this area

    17 Total Sales

    Rao Yalamanchili
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV24104388

California Regional Multiple Listing Service (CRMLS)

APN: 142-550-028

California Riverside County Riverside 92505 La Sierra

11538 Springwood Ct, Riverside, CA

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