NOT LISTED FOR SALE

Estimated Value: $773,847 - $808,000

4 Beds
3 Baths
2,125 Sq Ft
$374/Sq Ft Est. Value

About This Home

This home is located at 116 Cannon Rd, Riverside, CA 92506 and is currently estimated at $793,712, approximately $373 per square foot. 116 Cannon Rd is a home located in Riverside County with nearby schools including William Howard Taft Elementary School, Amelia Earhart Middle School, and Martin Luther King Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2022
Sold by
Arthur Ellis
Bought by
Ellis Arthur and Ellis Jamal Joseph
Current Estimated Value
$793,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2022
Sold by
Arthur Ellis
Bought by
Ellis Arthur and Ellis Jamal Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 1997
Sold by
Ellis Fredesa S
Bought by
Ellis Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,850
Interest Rate
7.36%

Purchase Details

Closed on
Sep 30, 1997
Sold by
Schuman Michael J and Schuman Lori Lee
Bought by
Ellis Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,850
Interest Rate
7.36%

Purchase Details

Closed on
Sep 15, 1994
Sold by
Rocha Julian and Rocha Doreen V
Bought by
Schuman Michael J and Schuman Lori Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,800
Interest Rate
8.86%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Ellis Arthur -- None Listed On Document
Ellis Arthur -- None Listed On Document
Ellis Arthur -- Orange Coast Title
Ellis Arthur $205,000 Orange Coast Title
Schuman Michael J $186,500 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ellis Arthur $385,000
Previous Owner Ellis Arthur $310,000
Previous Owner Ellis Arthur $264,000
Previous Owner Ellis Arthur $198,850
Previous Owner Schuman Michael J $167,800
Source: Public Records

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
2023 $3,578 $314,592 $61,370 $253,222
2022 $3,497 $308,424 $60,168 $248,256
2021 $3,457 $302,378 $58,989 $243,389
2020 $3,431 $299,279 $58,385 $240,894
2019 $3,367 $293,412 $57,241 $236,171
2018 $3,302 $287,660 $56,119 $231,541
2017 $3,244 $282,020 $55,019 $227,001
2016 $3,037 $276,491 $53,941 $222,550
2015 $2,994 $272,340 $53,132 $219,208
2014 $2,976 $267,008 $52,093 $214,915
Source: Public Records

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