NOT LISTED FOR SALE

12880 Magnolia Ave Unit 2 Riverside, CA 92503

Estimated Value: $606,000 - $740,000

3 Beds
2.5 Baths
2,450 Sq Ft
$281/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $630,000 $257 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,575/month

5 Days on Market

Highlights

  • Detached Guest House
  • Gated Community
  • Open Floorplan
  • Two Primary Bedrooms
  • Updated Kitchen
  • Dual Staircase

About This Home

As of March 2023

Amazing opportunity to own a home in a gated community of homes that rarely come on the market. This home is unique because there are 3 bedrooms in the main house and another bedroom suite and full bath with a private entrance above the garage! From the moment you approach the two-story home in a meticulously maintained community, you'll notice the large front porch. Upon entering the home, the open floorplan is filled with natural light. There is a formal living room and dining room as well a powder room on the first floor with new flooring and crown molding throughout. The modern kitchen offers plenty of cabinetry and matching stainless steel appliances. The kitchen is open to the large family room that features a warm and cozy fireplace. Upstairs, there are two guest bedrooms that share a balcony, a guest bath, laundry room and primary bedroom. The en-suite bath has been beautifully remodeled with large rectangular tiles around the soaking tub and feature body sprayers, a rain shower head and hexagon tiles in the glass enclosed shower. The primary suite also has a large walk-in closet. Another wonderful upgrade are the new windows along the back side of the main home. Between the main house and the garage, there is a large, private courtyard patio with another gate leading to your own additional parking space. The garage has custom cabinetry, epoxied floor with a Raider logo and a black ceiling. Above the garage, the options are endless with a large bedroom, sitting area, kitchen sink and counter, closet space as well as another top-of-the-line remodeled bathroom with large soaking tub. The back unit has a separate HVAC system and water heater. Put this home on the top of your list to see today!

Last Agent to Sell the Property

Sara Beresford

COLDWELL BANKER REALTY License #01973870 Listed on: 02/17/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Sean Carroll

Coldwell Banker License #02140884

Coldwell Banker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,758

Year Built

  • Built in 2000

Lot Details

  • 3,920 Sq Ft Lot
  • Property fronts a private road
  • Vinyl Fence
  • Wood Fence
  • Rectangular Lot
  • Front and Back Yard Sprinklers

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Rear-Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,450 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Bathtub with Shower
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Front Porch

Schools

  • Lake Hills Elementary School
  • Villegas Middle School
  • Hillcrest High School

Utilities

  • Central Heating and Cooling System
  • Air Source Heat Pump
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Not Available

Additional Features

  • Detached Guest House
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1-P
  • Tax Tract Number 29160
  • Assessor Parcel Number 135141002
  • $38 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • Savannah Association, Phone Number (714) 544-7755
  • Diversified HOA

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,758

Year Built

Built in 2000

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: Yes
  • Architectural Style: Colonial
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 135141002
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2450.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, In-Law Floorplan, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 257.14
  • Room Type: All Bedrooms Up, Family Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Two Masters, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Granite Counters, Privacy Toilet Door, Remodeled, Separate Tub And Shower, Soaking Tub, Upgraded
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Guest House Detached
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Vinyl, Wood
  • Patio And Porch Features: Concrete, Front Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Rear
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Not Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Water Heater, Water Line to Refrigerator
  • Electric: Standard
  • Heating Type: Central, Heat Pump
  • Laundry Features: Gas Dryer Hookup, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Heat Pump
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Management, Controlled Access, Maintenance Front Yard
  • Association Fee: 200.00
  • Association Fee Frequency: Monthly
  • Association Name: Savannah
  • Phone: 714-544-7755
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Suburban
  • Association Management: Diversified

Schools

  • School District: Riverside Unified
  • Elementary School: Lake Hills
  • Middle School: Villegas
  • High School: Hillcrest
  • Elementary School: Lake Hills
  • High School: Hillcrest
  • Middle Or Junior School: Villegas
  • Elementary School #2: LAKHIL
  • High School2: HILLCR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3920.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 414.12
  • Tax Lot: 1-P
  • Tax Tract Number: 29160
  • TaxOtherAnnualAssessmentAmount: 38.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Mar 14, 2023
Sold by
Habib Farah
Bought by
Habibullah Mohammad
Seller's Agent
Sara Beresford
COLDWELL BANKER REALTY
Buyer's Agent
Sean Carroll
Coldwell Banker
List Price
$599,000
Sold Price
$630,000
Premium/Discount to List
$31,000
5.18%
Views
85
Current Estimated Value
$689,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,548
Avg. Annual Appreciation
3.68%
Original Mortgage
$580,000
Outstanding Balance
$562,317
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$127,231

Purchase Details

Listed on
Feb 17, 2023
Closed on
Mar 10, 2023
Sold by
Wrice Marcus Terrell
Bought by
Badr Ibrahim Emad Mahmoud and Badr Mohammad Habibullah
Seller's Agent
Sara Beresford
COLDWELL BANKER REALTY
Buyer's Agent
Sean Carroll
Coldwell Banker
List Price
$599,000
Sold Price
$630,000
Premium/Discount to List
$31,000
5.18%
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Outstanding Balance
$562,317
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$127,231

Purchase Details

Listed on
Feb 17, 2023
Closed on
Feb 27, 2023
Sold by
Hussen Aziza
Bought by
Badr Ibrahim Emad Mahmoud
Seller's Agent
Sara Beresford
COLDWELL BANKER REALTY
Buyer's Agent
Sean Carroll
Coldwell Banker
List Price
$599,000
Sold Price
$630,000
Premium/Discount to List
$31,000
5.18%
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Outstanding Balance
$562,317
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$127,231

Purchase Details

Listed on
Jun 18, 2015
Closed on
Aug 4, 2015
Sold by
Ahmed Samee and Ahmed Mamoona
Bought by
Wrice Marcus Terrell
Seller's Agent
Gholam Mustafa
Keller Williams Realty
Buyer's Agent
Rita Jenkins
Bella Vie Realty
List Price
$389,900
Sold Price
$319,000
Premium/Discount to List
-$70,900
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%
Original Mortgage
$325,858
Interest Rate
4.05%
Mortgage Type
VA

Purchase Details

Closed on
Oct 29, 2009
Sold by
Ahmed Samee
Bought by
Ahmed Samee and Sadiq Mamoona

Purchase Details

Closed on
Sep 30, 2008
Sold by
Ahmed Nighat
Bought by
Ahmed Samee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2008
Sold by
U S Bank Na
Bought by
Ahmed Samee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2008
Sold by
Swain Gary M and Swain Jennifer A
Bought by
U S Bank Na

Purchase Details

Closed on
Dec 29, 2003
Sold by
Swain Gary M
Bought by
Swain Gary M and Swain Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,400
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2001
Sold by
Jms Savannah Llc
Bought by
Okitsu Keiichi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,704
Interest Rate
6.91%

Purchase Details

Closed on
Aug 28, 2001
Sold by
Jms Savannah Llc
Bought by
Morgan Justin K and Morgan Faith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,704
Interest Rate
6.91%

Purchase Details

Closed on
Aug 15, 2001
Sold by
Jms Savannah Llc
Bought by
So Frederick C and So Rose Marie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,704
Interest Rate
6.91%

Purchase Details

Closed on
Apr 5, 2001
Sold by
Swain Jennifer
Bought by
Swain Gary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,150
Interest Rate
7.09%

Purchase Details

Closed on
Mar 27, 2001
Sold by
Jms Savannah Llc
Bought by
Swain Gary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,150
Interest Rate
7.09%
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
Habibullah Mohammad -- Equity Title
Badr Ibrahim Emad Mahmoud $315,000 Equity Title
Badr Ibrahim Emad Mahmoud -- Equity Title
Wrice Marcus Terrell $159,500 Chicago Title Inland Empire
Ahmed Samee -- None Available
Ahmed Samee -- First American Title Company
Ahmed Samee $250,000 First American Title Company
U S Bank Na $355,500 None Available
Swain Gary M -- Commerce Title
Okitsu Keiichi $271,000 Orange Coast Title
Jamali Jamshid $250,500 Orange Coast Title
Morgan Justin K $268,000 Orange Coast Title
So Frederick C $237,500 Orange Coast Title
Ortega Manuel C $230,000 Orange Coast Title
Swain Gary M -- Orange Coast Title
Swain Gary M $218,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Habibullah Mohammad $580,000
Previous Owner Wrice Marcus Terrell $330,498
Previous Owner Wrice Marcus Terrell $358,615
Previous Owner Wrice Marcus Terrell $325,858
Previous Owner Ahmed Samee $200,000
Previous Owner Swain Gary M $367,200
Previous Owner Swain Gary M $91,800
Previous Owner Swain Gary M $316,000
Previous Owner Swain Gary M $79,000
Previous Owner Swain Gary M $336,300
Previous Owner Swain Gary M $270,400
Previous Owner Swain Gary M $227,200
Previous Owner Jamali Jamshid $212,704
Previous Owner Okitsu Keiichi $243,850
Previous Owner Morgan Justin K $241,150
Previous Owner Ortega Manuel C $223,000
Previous Owner So Frederick C $189,650
Previous Owner Swain Gary M $196,150
Closed So Frederick C $35,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $630,000 +5.2% $257 / Sq Ft
02/17/2023 02/17/23 For Sale $599,000 +87.8% $244 / Sq Ft
08/26/2015 08/26/15 Sold $319,000 -8.9% $166 / Sq Ft
07/26/2015 07/26/15 Pending -- -- --
06/26/2015 06/26/15 Price Changed $350,000 -10.2% $183 / Sq Ft
06/18/2015 06/18/15 For Sale $389,900 0.0% $203 / Sq Ft
09/10/2012 09/10/12 Rented $1,800 0.0% --
09/05/2012 09/05/12 Under Contract -- -- --
08/01/2012 08/01/12 For Rent $1,800 -- --
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 $7,758 $655,452 $62,424 $593,028
2023 $7,758 $362,963 $68,267 $294,696
2022 $4,180 $355,847 $66,929 $288,918
2021 $4,094 $348,870 $65,617 $283,253
2020 $4,027 $345,294 $64,945 $280,349
2019 $3,973 $338,524 $63,672 $274,852
2018 $3,915 $331,887 $62,424 $269,463
2017 $3,842 $325,380 $61,200 $264,180
2016 $3,777 $319,000 $60,000 $259,000
2015 $3,180 $267,864 $101,787 $166,077
2014 -- $262,619 $99,794 $162,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23027932

California Regional Multiple Listing Service (CRMLS)

APN: 135-141-002