NOT LISTED FOR SALE

12880 Magnolia Ave Unit 7 Riverside, CA 92503

Estimated Value: $567,000 - $705,000

3 Beds
2.5 Baths
1,916 Sq Ft
$175/mo HOA Fee

Last Sold November 26, 2018

Last sale price $386,000 $201 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,951/month

32 Days on Market

Highlights

  • Primary Bedroom Suite
  • Private Yard
  • Controlled Access
  • View of Trees or Woods
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of November 2018

MAKE IT YOURS NOW! Featuring a newly BEAUTIFUL remodeled and spacious 1916 sq. Ft. TWO-STORY DETACHED HOME RIVERSIDE/CORONA BORDER! 3 large bedrooms PLUS BONUS ROOM THAT CAN BE AN OFFICE, DEN OR PLAYROOM and NO SHARED WALLS with other units!!! 2.5 bath. CHARMING FAMILY ROOM WITH COZY FIREPLACE. LOT OF WINDOWS MAKING IT LIGHT & BRIGHT!OPEN FLOOR PLAN. There is a good-sized BACK YARD with new grass, vinyl fencing, and a seating area with natural stone flooring perfect for entertaining! Beautiful kitchen with a lot of cabinets space & Sellers just remodeled kitchen w/BRAND-NEW STAINLESS-STEEL APPLIANCES Stove, Dishwasher, and Microwave and BRAND NEW QUARTZ COUNTER-TOPS, Glass tile back splash! 2-car garage with an extra parking space next to it. Centrally located near shopping centers including Costco, Walmart, Vons, Food for Less, restaurants, the Mall, and more. Within the Lake Hills Elementary School District vicinity, a highly rated and sought-after school!!! This is the perfect place for your family!!! 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 & lighted garage access road. Fan in master bedroom and bonus room are not included in the sale.

Last Agent to Sell the Property

Sandy Flores

Real Estate On Demand License #01122114 Listed on: 09/24/2018

Last Buyer's Agent

Rosie Garcia

T.N.G.Real Estate Consultants License #01142854

T.N.G.Real Estate Consultants

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,081

Year Built

  • Built in 2000

Lot Details

  • No Common Walls
  • Private Yard

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Assigned Parking

Property Views

  • Woods
  • Park or Greenbelt

Interior Spaces

  • 1,916 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1-P
  • Tax Tract Number 29160
  • Assessor Parcel Number 135141007

Community Details

Overview

  • 25 Units
  • Savannah Association c/o So Cal Property Enterpris Association, Phone Number (951) 270-3700

Additional Features

  • Laundry Facilities
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,081

Year Built

Built in 2000

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 714-963-7462
  • Other Phone Number: 323-628-3457
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 135141007
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1916.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 201.46
  • Room Type: All Bedrooms Up, Master Suite

Exterior Features

  • View: Park/Greenbelt, Trees/Woods
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access
  • Association Fee: 175.00
  • Association Fee Frequency: Monthly
  • Association Name: Savannah Association c/o So Cal Property Enterpris
  • Phone: 951-270-3700
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • 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 In Community: 25
  • 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

Listed on
Sep 24, 2018
Closed on
Oct 30, 2018
Sold by
Pavon Jose A Roman and Roman Elaine D
Bought by
Romero Lizzeth
Seller's Agent
Sandy Flores
Real Estate On Demand
Buyer's Agent
Rosie Garcia
T.N.G.Real Estate Consultants
List Price
$420,000
Sold Price
$386,000
Premium/Discount to List
-$34,000
-8.1%
Current Estimated Value
$629,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,466
Avg. Annual Appreciation
7.75%
Original Mortgage
$374,420
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2014
Sold by
Roman Elaine and Orona Joe
Bought by
Pavon Jose A Roman and Roman Elaine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,245
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2009
Sold by
Orona Alicia
Bought by
Orona Joe

Purchase Details

Closed on
Jun 12, 2009
Sold by
Pavon Jose
Bought by
Roman Elaine

Purchase Details

Closed on
Aug 8, 2008
Sold by
Primacy Closing Corporation
Bought by
Roman Elaine and Orona Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,105
Interest Rate
4.82%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 11, 2007
Sold by
Mcalister Joseph L and Mcalister Jennifer S
Bought by
Primacy Closing Corporation

Purchase Details

Closed on
May 23, 2005
Sold by
Vanhorn Christopher L and Van Horn Kristie K
Bought by
Mcalister Joseph L and Mcalister Jennifer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,600
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Romero Lizzeth $386,000 Orange Coast Title Company
Pavon Jose A Roman -- Wfg Title Company
Orona Joe -- None Available
Roman Elaine -- Ortc
Roman Elaine $250,000 Ortc
Primacy Closing Corporation $215,000 None Available
Mcalister Joseph L $428,000 Fatcola
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Lizzeth $378,700
Closed Romero Lizzeth $374,420
Previous Owner Pavon Jose A Roman $246,245
Previous Owner Roman Elaine $211,105
Previous Owner Mcalister Joseph L $406,600
Previous Owner Vanhornand Christopher L $35,000
Previous Owner Vanhorn Christopher L $199,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2018 11/26/18 Sold $386,000 -0.5% $201 / Sq Ft
10/26/2018 10/26/18 Price Changed $388,000 +2.4% $203 / Sq Ft
10/22/2018 10/22/18 Price Changed $379,000 -5.0% $198 / Sq Ft
10/07/2018 10/07/18 Price Changed $399,000 -5.0% $208 / Sq Ft
09/24/2018 09/24/18 For Sale $420,000 -- $219 / 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 $5,081 $430,585 $66,929 $363,656
2023 $5,081 $413,867 $64,331 $349,536
2022 $4,679 $405,753 $63,070 $342,683
2021 $4,582 $397,798 $61,834 $335,964
2020 $4,505 $393,720 $61,200 $332,520
2019 $4,525 $386,000 $60,000 $326,000
2018 $3,280 $277,544 $77,970 $199,574
2017 $3,218 $272,103 $76,442 $195,661
2016 $3,165 $266,769 $74,944 $191,825
2015 $3,120 $262,764 $73,819 $188,945
2014 $2,791 $230,917 $85,922 $144,995
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18232889

California Regional Multiple Listing Service (CRMLS)

APN: 135-141-007