NOT LISTED FOR SALE

12121 Avocado Ln Riverside, CA 92503

Lake Hills/Victoria Grove Neighborhood

Estimated Value: $756,000 - $919,315

4 Beds
2 Baths
2,702 Sq Ft
$312/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $499,000 $185 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,902/month

288 Days on Market

Highlights

  • City Lights View
  • 1.77 Acre Lot
  • Attic
  • Lake Mathews Elementary School Rated A-
  • Cathedral Ceiling
  • No HOA

About This Home

As of November 2020

WOW! INVESTOR OPPORTUNITY.
Very rare find near Lake Matthews, listed at least 150k under value! Please note this home will not support a standard CONVENTIONAL, FHA, or VA Loan. Must be a CASH Buyer/Investor. This single story 4 bed, 2 bath, 2 car garage home on 1.77 acres, has stunning city light and mountain views, resort-like atmosphere and privacy! Tile roof, wood floors, RV parking and horses okay. Fix it up, add on and customize this property, there are so many possibilities! Build another house on this property, this property is a winner for an investor or just a smart buyer, priced to help the new owner! Dual pane windows, Central A/C, mountain views. Yes it needs some Love.

Last Agent to Sell the Property

GREGORY HILLMAN

RE/MAX FOOTHILLS License #01386686 Listed on: 01/23/2020

RE/MAX FOOTHILLS

Last Buyer's Agent

Ted Jenkins

Vista Sotheby's International Realty License #01272425

Vista Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 1.77 Acre Lot
  • Wrought Iron Fence
  • Lot Has A Rolling Slope
  • Back Yard

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Hills

Home Design

  • Tile Roof

Interior Spaces

  • 2,702 Sq Ft Home
  • Beamed Ceilings
  • Cathedral Ceiling
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Attic

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Utilities

  • Central Air
  • Air Source Heat Pump
  • Well
  • Electric Water Heater
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot A
  • Tax Tract Number 7866
  • Assessor Parcel Number 270200025

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 270200025
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2702.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s)
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Dining Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 184.68
  • Room Type: Attic, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • View: City Lights, Hills
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Electric Water Heater
  • Laundry Features: Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Septic Type Unknown
  • Water Source: Public, Well
  • Cooling: Central Air, Heat Pump, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Rolling Slope
  • Lot Size Sq Ft: 77101.20
  • Lot Size Acres: 1.7700
  • Latitude Manual: 33.86483800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 77101.2000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: A
  • Tax Tract Number: 7866

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2022
Sold by
Beasley and Stacy
Bought by
Beasley Stacy
Current Estimated Value
$843,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Outstanding Balance
$477,117
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$365,962

Purchase Details

Listed on
Jan 23, 2020
Closed on
Nov 16, 2020
Sold by
Hillman Linda L
Bought by
Beasley Darren and Beasley Stacy K
Seller's Agent
GREGORY HILLMAN
RE/MAX FOOTHILLS
Buyer's Agent
Ted Jenkins
Vista Sotheby's International Realty
List Price
$489,000
Sold Price
$499,000
Premium/Discount to List
$10,000
2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.70%
Original Mortgage
$348,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2003
Sold by
Price Mark A and Price Cheri L
Bought by
Hillman Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.83%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 21, 1999
Sold by
Stevens Margaret I
Bought by
Price Mark A and Price Cheri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,375
Interest Rate
8.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 1999
Sold by
Stevens Charles C
Bought by
Stevens Margaret I
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Beasley Stacy -- Wfg National Title
Beasley Darren $498,000 Wfg National Title Company
Hillman Linda L $190,000 Landsafe Title Company
Price Mark A $222,500 First Southwestern Title Co
Stevens Margaret I -- First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beasley Stacy $512,000
Previous Owner Beasley Darren $348,600
Previous Owner Hillman Linda L $304,000
Previous Owner Price Mark A $211,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2020 11/30/20 Sold $499,000 0.0% $185 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
09/19/2020 09/19/20 Price Changed $499,000 +2.0% $185 / Sq Ft
01/23/2020 01/23/20 For Sale $489,000 -- $181 / 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 $6,282 $583,369 $81,181 $502,188
2023 $6,282 $560,719 $78,030 $482,689
2022 $5,650 $507,960 $76,500 $431,460
2021 $5,549 $498,000 $75,000 $423,000
2020 $5,621 $503,221 $132,421 $370,800
2019 $5,514 $493,355 $129,825 $363,530
2018 $5,403 $483,682 $127,280 $356,402
2017 $5,305 $474,199 $124,785 $349,414
2016 $4,958 $464,902 $122,339 $342,563
2015 $4,891 $457,920 $120,502 $337,418
2014 $4,845 $448,952 $118,143 $330,809
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    GREGORY HILLMAN

    RE/MAX

    (951) 990-3809

    9 Total Sales

    GREGORY HILLMAN
    Section Image
  • Ted Jenkins

    Buyer's Agent in 2020

    Ted Jenkins

    Vista Sotheby's International Realty

    (951) 236-9800

    2 in this area

    80 Total Sales

    Ted Jenkins
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20014679

California Regional Multiple Listing Service (CRMLS)

APN: 270-200-025

California Riverside County Riverside 92503 Lake Hills/Victoria Grove

12121 Avocado Ln, Riverside, CA

Not Listed for Sale

Detached

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