NOT LISTED FOR SALE

12490 Magnolia Ave Riverside, CA 92503

-- Bed
-- Bath
16,044 Sq Ft
3.72 Acres

About This Home

This home is located at 12490 Magnolia Ave, Riverside, CA 92503. 12490 Magnolia Ave is a home located in Riverside County with nearby schools including Phillip M. Stokoe Elementary School, Ysmael Villegas Middle School, and Hillcrest High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2019
Sold by
Mca Magnolia Llc
Bought by
T & C Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,310,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2013
Sold by
Magnolia Business Park Llc
Bought by
Vgt Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,640,000
Interest Rate
3.34%
Mortgage Type
Commercial

Purchase Details

Closed on
May 30, 2000
Sold by
Stagliano Vincent J and Stagliano Peggy S
Bought by
Sherman Avenue Business Park Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
8.15%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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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

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Quantarium

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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
T & C Development Inc $900,000 Chicago Title Company
Vgt Properties Llc $4,400,000 First American Title Insuran
Sherman Avenue Business Park Llc -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vgt Properties Llc $3,500,000
Closed T & C Development Inc $3,310,000
Previous Owner Vgt Properties Llc $2,640,000
Previous Owner Sherman Avenue Business Park Llc $1,800,000
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
2025 $61,217 $5,053,814 $1,704,688 $3,349,126
2023 $61,217 $4,857,570 $1,638,494 $3,219,076
2022 $56,440 $4,762,324 $1,606,367 $3,155,957
2021 $55,287 $4,668,946 $1,574,870 $3,094,076
2020 $54,374 $4,621,073 $1,558,722 $3,062,351
2019 $52,057 $4,393,540 $1,430,656 $2,962,884
2018 $51,301 $4,307,393 $1,402,606 $2,904,787
2017 $50,334 $4,222,935 $1,375,104 $2,847,831
2016 $49,490 $4,140,134 $1,348,142 $2,791,992
2015 $48,791 $4,077,947 $1,327,893 $2,750,054
2014 $48,625 $3,998,068 $1,301,883 $2,696,185
Source: Public Records

Map

California Riverside County Riverside 92503

12490 Magnolia Ave, Riverside, CA

This home is located at 12490 Magnolia Ave, Riverside, CA 92503. 12490 Magnolia Ave is a home located in Riverside County with nearby schools including Phillip M. Stokoe Elementary School, Ysmael Villegas Middle School, and Hillcrest High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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