NOT LISTED FOR SALE

11637 Valverde Ave Riverside, CA 92505

La Sierra Neighborhood

Estimated Value: $667,000 - $727,000

7 Beds
2 Baths
1,931 Sq Ft
$364/Sq Ft Est. Value

Last Sold October 02, 2014

Last sale price $289,000 $150 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $4,296/month

43 Days on Market

Highlights

  • View of Hills
  • Wood Flooring
  • Floor Furnace
  • Traditional Architecture
  • Laundry Room
  • Wood Fence

About This Home

As of October 2014

Perfect owner / investor opportunity! Riverside Duplex is being offered AS-IS. Main house is a 4 Bedroom, 1.5 Bath. Hardwood floors in family room. Wood burning fireplace. Small kitchen. Private access for back bedroom. Back unit is 3 Bedroom, 1 Bath. Small family room, dining area and kitchen. There is an additional add on that is a 1 Bedroom, 1 Bath. Small family room and kitchen. Laundry facility for all units is already established in detached 1 car garage. Spacious backyard, carport for main house. Close to local shopping, dining and freeway access.

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 09/19/2014

Last Buyer's Agent

Michele Jensen

Landmark Property Management License #01447988

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,448

Year Built

  • Built in 1946

Lot Details

  • 0.27 Acre Lot
  • No Common Walls
  • Wood Fence
  • Chain Link Fence
  • Front Yard Sprinklers

Parking

  • 1 Car Garage
  • 1 Carport Space

Home Design

  • Traditional Architecture
  • Combination Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,931 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Views of Hills

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Suburban Location

Utilities

  • Floor Furnace
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 141141020

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,300
  • Net Operating Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,448

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 141141020
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Fireplace Features: Family Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 149.66
  • Room Type: Family Room

Exterior Features

  • Foundation: Combination
  • View: Hills
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 11761.00
  • Lot Size Acres: 0.2700

Multi Family

  • Gross Income: 2300.00
  • Gross Scheduled Income: 27600.00
  • Lot Size Area: 11761.0000 Square Feet
  • Net Operating Income: 27600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 11
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2023
Sold by
Johnny Bs Sober Home Inc
Bought by
Jamil Syed
Current Estimated Value
$702,000

Purchase Details

Listed on
Sep 19, 2014
Closed on
Oct 10, 2014
Sold by
Rainys Llc
Bought by
Rainys Llc
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Michele Jensen
Landmark Property Management
List Price
$289,900
Sold Price
$289,000
Premium/Discount to List
-$900
-0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%

Purchase Details

Listed on
Sep 19, 2014
Closed on
Oct 1, 2014
Sold by
Ocean Ridge Equities Llc
Bought by
Rainys Llc
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Michele Jensen
Landmark Property Management
List Price
$289,900
Sold Price
$289,000
Premium/Discount to List
-$900
-0.31%

Purchase Details

Closed on
Mar 20, 2014
Sold by
Sharp Irene C
Bought by
Ocean Ridge Equities Llc

Purchase Details

Closed on
Jun 19, 2003
Sold by
Sharp George
Bought by
Sharp Irene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 23, 2002
Sold by
Sharp Irene C
Bought by
Sharp Irene C and Irene C Sharp Separate Property Trust

Purchase Details

Closed on
Dec 4, 2000
Sold by
Sharp Kimberly
Bought by
Sharp George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,500
Interest Rate
7.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2000
Sold by
Sharp Irene C
Bought by
Sharp Irene C and Sharp George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,500
Interest Rate
7.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 1995
Sold by
Sharp George John
Bought by
Sharp Irene C
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
Jamil Syed -- None Listed On Document
Rainys Llc $578,000 New Title Company Name
Rainys Llc $289,000 None Available
Ocean Ridge Equities Llc $260,000 Accommodation
Sharp Irene C -- United Title Company
Sharp Irene C -- --
Sharp George -- Old Republic Title Company
Sharp Irene C -- Old Republic Title Company
Sharp Irene C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sharp Irene C $155,000
Previous Owner Sharp Irene C $116,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2014 10/02/14 Sold $289,000 -0.3% $150 / Sq Ft
09/19/2014 09/19/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $289,900 -- $150 / 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 $7,448 $620,806 $150,858 $469,948
2023 $7,448 $596,700 $147,900 $448,800
2022 $3,887 $327,861 $67,949 $259,912
2021 $3,827 $321,433 $66,617 $254,816
2020 $3,766 $318,138 $65,934 $252,204
2019 $3,717 $311,901 $64,642 $247,259
2018 $3,666 $305,786 $63,375 $242,411
2017 $3,598 $299,791 $62,133 $237,658
2016 $3,539 $293,914 $60,915 $232,999
2015 $3,488 $289,500 $60,000 $229,500
2014 $1,669 $140,244 $43,924 $96,320
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Polly Watts

    Sundae Homes

    Section Image

  • M

    Buyer's Agent in 2014

    Michele Jensen

    Landmark Property Management

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14168697

California Regional Multiple Listing Service (CRMLS)

APN: 141-141-020

California Riverside County Riverside 92505 La Sierra

11637 Valverde Ave, Riverside, CA

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