NOT LISTED FOR SALE

1301 Massachusetts Ave Unit 202 Riverside, CA 92507

University Neighborhood

Estimated Value: $252,000 - $472,000

1 Bed
1 Bath
604 Sq Ft
$357/mo HOA Fee

Last Sold March 31, 2022

Last sale price $238,000 $394 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,233/month

4 Days on Market

Highlights

  • Community Pool
  • Laundry Room
  • Zero Lot Line
  • Community Playground
  • Community Barbecue Grill
  • Central Heating and Cooling System

About This Home

As of March 2022

Who says you can't afford a home in this market?? Welcome to the gated community of Palmilla!!! This charming 1 bedroom unit very open and bright. The primary bedroom is large and spacious with mirror closet doors allowing you to make sure you look good every time you leave. Detached one car covered parking included. HOA includes a community pool and spa, gym, playground, guest parking, laundry rooms, water and trash. A Large green belt area though out the property with BBQ facilities are also included. Conveniently located near UCR, Downtown Riverside, 60/215/91 Freeways, shopping and dining. A must see for a starter home or investment. Great rental opportunity.

Last Agent to Sell the Property

Ghattas Khoury

Premier Realty And Lending License #01447197 Listed on: 02/24/2022

Last Buyer's Agent

Ghattas Khoury

Premier Realty And Lending License #01447197 Listed on: 02/24/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,707

Year Built

  • Built in 1986

Lot Details

  • 1 Common Wall
  • Zero Lot Line
  • Land Lease

HOA Fees

  • $357 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 604 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 1 / 301
  • Tax Tract Number 21069
  • Assessor Parcel Number 250054038
  • $73 per year additional tax assessments

Community Details

Overview

  • 170 Units
  • Palmilla Condominiums Association, Phone Number (951) 999-9914
  • Wsr Real Estate Sales And Management HOA

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,707

Year Built

Built in 1986

Lot Details

0

HOA Fees

$357 per month

Parking

1

Listing Details

  • Structure Type: Quadruplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 250054038
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 604.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 394.04
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Playground
  • Association Fee: 357.00
  • Association Fee Frequency: Monthly
  • Association Name: Palmilla Condominiums
  • Phone: 951-999-9914
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Suburban
  • Association Management: WSR Real Estate Sales and Management

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Zero Lot Line
  • Lot Size Sq Ft: 649.00
  • Lot Size Acres: 0.0149

Multi Family

  • Lease Considered: No
  • Lot Size Area: 649.0000 Square Feet
  • Number Of Units In Community: 170
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 301
  • Tax Census Tract: 422.09
  • Tax Lot: 1
  • Tax Tract Number: 21069
  • TaxOtherAnnualAssessmentAmount: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Mar 29, 2022
Sold by
Khan and Sufwan
Bought by
Abbasi Ahmer and Abbasi Afshan R
Seller's Agent
Ghattas Khoury
Premier Realty And Lending
Buyer's Agent
Ghattas Khoury
Premier Realty And Lending
List Price
$225,000
Sold Price
$238,000
Premium/Discount to List
$13,000
5.78%
Current Estimated Value
$312,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,456
Avg. Annual Appreciation
3.35%
Original Mortgage
$186,400
Outstanding Balance
$153,261
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$113,662

Purchase Details

Closed on
Jun 29, 2006
Sold by
Pacifica Oak Park Llc
Bought by
Khan Sufwan and Khan Reema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
6.63%
Mortgage Type
Unknown
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
Abbasi Ahmer $466,000 Lawyers Title
Abbasi Afshan R -- None Listed On Document
Khan Sufwan $172,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abbasi Ahmer $186,400
Previous Owner Khan Sufwan $137,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $238,000 0.0% $394 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/25/2022 02/25/22 Price Changed $238,000 +5.8% $394 / Sq Ft
02/24/2022 02/24/22 For Sale $225,000 -- $373 / 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 $2,707 $247,260 $42,448 $204,812
2023 $2,707 $237,660 $40,800 $196,860
2022 $2,288 $200,786 $70,699 $130,087
2021 $1,939 $167,321 $58,916 $108,405
2020 $1,774 $152,110 $53,560 $98,550
2019 $1,725 $147,680 $52,000 $95,680
2018 $1,661 $142,000 $50,000 $92,000
2017 $1,461 $124,000 $43,000 $81,000
2016 $1,268 $112,000 $39,000 $73,000
2015 $1,161 $102,000 $36,000 $66,000
2014 $1,095 $95,000 $33,000 $62,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Ghattas Khoury

    Premier Realty And Lending

    (951) 965-6911

    1 in this area

    7 Total Sales

    Ghattas Khoury
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG22036969

California Regional Multiple Listing Service (CRMLS)

APN: 250-054-038

California Riverside County Riverside 92507 University

1301 Massachusetts Ave Unit 202, Riverside, CA

This home is located at 1301 Massachusetts Ave Unit 202, Riverside, CA 92507 since 24 February 2022 and is currently estimated at $312,456, approximately $517 per square foot. This property was built in 1986. 1301 Massachusetts Ave Unit 202 is a home located in Riverside County with nearby schools including Highland Elementary, University Heights Middle School, and John W. North 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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