$1,187,000
SOLD SEP 26, 2024

1250 W Linden St Unit A, B, C, D Riverside, CA 92507

University Neighborhood
-- Bed
-- Bath
3,278 Sq Ft
0.59 Acres

Recently Sold

$362 Per Sq Ft

11% Above List Price

10 Days on Market

About This Home

As of September 2024

We are in the counter offer space and have MANY OFFERS in hand. These townhome style units are solid and must be sold quickly and at market value. The seller says submit all reasonable offers. The size of the asset is unknown. Old marketing information states units A and B are each 1,200 feet but it is unknown if all units are the same size or if 1,200 is an accurate number. The seller is a professional Trustee hired to settle the trust. The property is well maintained and all units have inside laundry hook ups. All four of the units are occupied and one unit will be vacant before close of escrow. The lot size is approximately half an acre and this property may be a great opportunity to add more units.

Last Agent to Sell the Property

Dave Silverstein

New Frontier Realty License #01300212 Listed on: 08/19/2024

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,347

Year Built

  • Built in 1988

Parking

  • Unassigned Parking

Interior Spaces

  • 3,278 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Additional Features

  • 0.59 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 250-240-024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,347

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3278
  • Lot Acreage: 0.5900
  • Stories: 2
  • Year Built: 1988
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Range/Oven
  • Price Per S Q F T: 324.89

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Unassigned

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 78.00
  • Assessed Improvement Value: 365916
  • Assessed Land Percent: 22
  • Assessed Land Value: 103188
  • Total Assessed Value: 469104
  • Assessor Parcel Number: 250-240-024
  • Lot Size Area: 25700

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 11.80
  • Number Of Units: 1
  • Total Annual Expense: 0
  • Type Of Units: Townhomes
  • Vacancy Rate: 25%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Sep 25, 2024
Sold by
Terry L Pope Revocable Trust and Shea Robin J
Bought by
Trinh Lam Tien and Tongoc Yvonne T
Seller's Agent
Dave Silverstein
New Frontier Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,065,000
Sold Price
$1,187,000
Premium/Discount to List
$122,000
11.46%
Total Days on Market
10
Views
7
Current Estimated Value
$1,193,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,225
Avg. Annual Appreciation
-7.18%
Original Mortgage
$712,200
Outstanding Balance
$708,277
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$415,900

Purchase Details

Closed on
May 14, 2015
Sold by
Pope Terry L
Bought by
Pope Terry L

Purchase Details

Closed on
Apr 2, 2003
Sold by
Pope Terry L
Bought by
State Of California

Purchase Details

Closed on
Jul 29, 1994
Sold by
Pope Terry L and Pope Peggy A
Bought by
Pope Terry L
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $2,374,000 California Best Title
Interfamily Deed Transfer -- None Available
Grant Deed -- Commonwealth Land Title Co
Grant Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $712,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2024 09/26/24 Sold $1,187,000 +11.5% $362 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $1,065,000 -- $325 / Sq Ft
Source: The MLS

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 $5,347 $459,907 $101,165 $358,742
2022 $5,229 $450,890 $99,182 $351,708
2021 $5,162 $442,050 $97,238 $344,812
2020 $5,124 $437,518 $96,241 $341,277
2019 $5,030 $428,940 $94,354 $334,586
2018 $4,935 $420,530 $92,504 $328,026
2017 $4,849 $412,286 $90,691 $321,595
2016 $4,547 $404,203 $88,913 $315,290
2015 $4,477 $398,134 $87,579 $310,555
2014 -- $390,337 $85,864 $304,473
Source: Public Records

Agents Affiliated with this Home

  • Dave Silverstein

    Seller's Agent in 2024

    Dave Silverstein

    New Frontier Realty

    (310) 739-0068

    1 in this area

    12 Total Sales

    Dave Silverstein
    Section Image

  • S

    Buyer's Agent in 2024

    Subscriber Non

    Non-Participant Office

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Map

Source: The MLS

MLS Number: 24-429673

The MLS

APN: 250-240-024

California Riverside County Riverside 92507 University

1250 W Linden St Unit A, B, C, D, Riverside, CA

This home is located at 1250 W Linden St Unit A, B, C, D, Riverside, CA 92507 and is currently priced at $1,187,000, approximately $362 per square foot. This property was built in 1988. 1250 W Linden St Unit A, B, C, D is a home located in Riverside County with nearby schools including Highland Elementary, University Heights Middle School, and John W. North High School.

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