NOT LISTED FOR SALE

12880 Magnolia Ave Unit 13 Riverside, CA 92503

Estimated Value: $624,000 - $728,000

3 Beds
3.5 Baths
2,400 Sq Ft
$175/mo HOA Fee

Last Sold August 09, 2018

Last sale price $433,000 $180 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,360/month

28 Days on Market

Highlights

  • Private Pool
  • Gated Community
  • Family Room Off Kitchen
  • Primary Bedroom Suite
  • City Lights View
  • Shutters

About This Home

As of August 2018

1916 S.F. MAIN HOUSE + 500 S.F. SEPARATE STUDIO with SEPARATE ENTRANCE and full bath!--From the minute you enter this quaint gated community, you feel at home. Private landscape lined street with a small community park that pops with color in the spring -- large purple jacaranda trees and vibrant red bougainvillea. This home has lots of curb appeal with a full length balcony and porch swing on the second floor, and a nice landscaped planter framing the full length front porch, and very tall front entry door. While technically the homes in this community are considered condominiums because there is a zero lot line on one side of the house, you quickly notice that this is a community of individual homes on individual lots with lots of common area such as the gated community entrance, the nicely maintained landscape main street, and lighted garage access road. Each unit has their own double car garage which is accessed from the common alley. You also have a single parking space. There's plenty of room in the double car garage. Lots of storage space, matching workstation, cabinets and epoxy floor. As you make your way to the main house, you do so under shelter of an attached breezeway through your private enclosed backyard. The main house is 1916 s.f. consisting of 3 bedrooms, 2 1/2 baths, a den with fireplace, living room, formal dining room, laundry room, kitchen and ample closets with new A/C/ Everyone who's stayed in or visited this home always loves it. Not sure what it is.

Last Agent to Sell the Property

David Bezeau

HomeBay Broker CA, Inc License #01331414 Listed on: 04/13/2018

Last Buyer's Agent

David Bezeau

HomeBay Broker CA, Inc License #01331414 Listed on: 04/13/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,742

Year Built

  • Built in 2000

Lot Details

  • 1 Common Wall
  • Partially Fenced Property

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Detached Carport Space
  • Parking Available
  • Garage Door Opener

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Shutters
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • City Lights Views
  • Home Security System

Kitchen

  • Electric Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Spa

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 1-P
  • Tax Tract Number 29160
  • Assessor Parcel Number 135141014

Community Details

Overview

  • 2 Units
  • Association Phone (951) 334-2303

Security

  • Gated Community

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,742

Year Built

Built in 2000

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Owner
  • Other Phone Number: 951 830-4118
  • Property Attached: Yes
  • Security: Gated Community, Security System
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 135141014
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2400.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Family Kitchen, Dining Room
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 180.42
  • Room Type: Family Room, Kitchen, Laundry, Master Suite
  • Spa Features: In Ground
  • Window Features: Shutters

Exterior Features

  • View: City Lights
  • Fence: Yes
  • Fencing: Partial
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport, Garage Door Opener
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Disposal, Microwave, Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 175.00
  • Association Fee Frequency: Monthly
  • Association Name: HOA
  • Phone: 951-334-2303
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 3920.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 414.12
  • Tax Lot: 1-P
  • Tax Tract Number: 29160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2020
Sold by
Truong Karen Kim and Truong Vivian
Bought by
Truong Karen Kim and Truong Vivian
Total Days on Market
28
Current Estimated Value
$663,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,216
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2018
Closed on
Aug 4, 2018
Sold by
Truong Vinh H
Bought by
Truong Karen Kim
Seller's Agent
David Bezeau
HomeBay Broker CA, Inc
Buyer's Agent
David Bezeau
HomeBay Broker CA, Inc
List Price
$435,000
Sold Price
$433,000
Premium/Discount to List
-$2,000
-0.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$389,700
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2018
Closed on
Jul 27, 2018
Sold by
Chandler Sandra
Bought by
Truong Karen Kim and Truong Vivian
Seller's Agent
David Bezeau
HomeBay Broker CA, Inc
Buyer's Agent
David Bezeau
HomeBay Broker CA, Inc
List Price
$435,000
Sold Price
$433,000
Premium/Discount to List
-$2,000
-0.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,700
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2004
Sold by
Gill Charles R and Gill Mandy J
Bought by
Chandler Sandra G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2002
Sold by
Gill Mandy J
Bought by
Gill Charles R and Gill Mandy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.12%

Purchase Details

Closed on
Nov 24, 2002
Sold by
Gill Charles R
Bought by
Gill Mandy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.12%

Purchase Details

Closed on
Jul 15, 2002
Sold by
Gill Mandy J
Bought by
Gill Charles R and Gill Mandy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 19, 2002
Sold by
Gill Charles R
Bought by
Gill Mandy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.86%
Mortgage Type
Unknown

Purchase Details

Closed on
May 16, 2001
Sold by
Gill Charles R
Bought by
Preston Mandy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,050
Interest Rate
7.06%
Source: Public Records

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Range of Values:

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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
Truong Karen Kim $142,000 Solidifi
Truong Karen Kim -- Lawyers Title
Truong Karen Kim $433,000 Lawyers Title
Chandler Sandra G $810,000 First Southwestern Title Co
Gill Charles R -- Chicago
Gill Mandy J -- Chicago Title Co
Gill Charles R -- Chicago Title Co
Gill Mandy J -- Chicago Title
Preston Mandy J -- Orange Coast Title
Preston Mandy J $237,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Truong Karen Kim $383,216
Previous Owner Truong Karen Kim $389,700
Previous Owner Chandler Sandra G $315,000
Previous Owner Chandler Sandra G $324,000
Previous Owner Gill Charles R $62,500
Previous Owner Gill Charles R $247,500
Previous Owner Gill Mandy J $208,000
Previous Owner Gill Mandy J $208,000
Previous Owner Gill Mandy J $26,000
Previous Owner Preston Mandy J $213,050
Closed Gill Mandy J $26,000
Closed Chandler Sandra G $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2018 08/09/18 Sold $433,000 -0.5% $180 / Sq Ft
06/21/2018 06/21/18 Price Changed $435,000 -0.5% $181 / Sq Ft
06/18/2018 06/18/18 Price Changed $437,000 +0.5% $182 / Sq Ft
06/17/2018 06/17/18 For Sale $435,000 0.0% $181 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $435,000 -- $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
2023 $5,742 $467,297 $63,696 $403,601
2022 $5,289 $458,136 $62,448 $395,688
2021 $5,179 $449,154 $61,224 $387,930
2020 $5,059 $441,659 $61,202 $380,457
2019 $4,990 $433,000 $60,002 $372,998
2018 $4,583 $396,000 $98,000 $298,000
2017 $4,176 $361,000 $89,000 $272,000
2016 $4,047 $349,000 $86,000 $263,000
2015 $3,874 $334,000 $82,000 $252,000
2014 $3,663 $311,000 $77,000 $234,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18022090

California Regional Multiple Listing Service (CRMLS)

APN: 135-141-014