NOT LISTED FOR SALE

1301 Massachusetts Ave Unit 205 Riverside, CA 92507

University Neighborhood

Estimated Value: $245,000 - $366,000

1 Bed
1 Bath
640 Sq Ft
$350/mo HOA Fee

Last Sold February 06, 2024

Last sale price $246,000 $384 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,928/month

23 Days on Market

Highlights

  • Courtyard Views
  • Laundry Room
  • Greenbelt
  • Community Pool
  • Central Heating and Cooling System

About This Home

As of February 2024

Welcome to this beautiful upstairs condo unit in the gated Palmilla community complex,
Nicely landscaped with lots of amenities like a community pool, spa, BBQ, and picnic area.
Perfect for first-time home buyers or investing in a rental property. Nearby University of Riverside, shopping, and convenient 91/60/215 fwy access. The open floor plan features granite countertops in the kitchen, one full bath, and a bedroom. Spacious outdoor patio to sit and relax
One bedroom comes with a living room, dining room, a walk-in closet, an extended balcony with enclosed storage room
HOA includes water/hot water, trash, and structure insurance.
You'll love living in this vibrant community, just minutes from UCR, shops, restaurants, and entertainment. Don't miss your chance to own this incredible condo.

Last Agent to Sell the Property

Pinnacle IPM

JDRS Property Management Inc. License #02065678 Listed on: 12/10/2023

Last Buyer's Agent

James Oronoz

Circa Properties, Inc. License #02056694

Circa Properties, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,010

Year Built

  • Built in 1986

Lot Details

  • 1,002

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 640 Sq Ft Home
  • 1-Story Property
  • Courtyard Views
  • Laundry Room

Bedrooms and Bathrooms

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

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 1 / 301
  • Tax Tract Number 21069
  • Assessor Parcel Number 250054041
  • $54 per year additional tax assessments

Community Details

Overview

  • 215 Units
  • Palmilla Association, Phone Number (951) 682-1000
  • Dawn HOA
  • Greenbelt

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,010

Year Built

Built in 1986

Lot Details

0

HOA Fees

$350 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 250054041
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 640.00 Square Feet
  • Stories: 1
  • Entry Location: front door
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 384.38
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Courtyard
  • Pool Features: Community
  • 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
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Association Name: Palmilla
  • Phone: 9516821000
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Suburban
  • Association Management: dawn

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Greenbelt
  • Lot Size Sq Ft: 1000.00
  • Lot Size Acres: 0.0230

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1000.0000 Square Feet
  • Number Of Units In Community: 215
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 301
  • Tax Census Tract: 422.09
  • Tax Lot: 1
  • Tax Tract Number: 21069
  • TaxOtherAnnualAssessmentAmount: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2023
Closed on
Jan 10, 2024
Sold by
Fdk International Llc
Bought by
Linn Elan E and Zlatkina Aleksandra
Seller's Agent
Pinnacle IPM
JDRS Property Management Inc.
Buyer's Agent
James Oronoz
Circa Properties, Inc.
List Price
$2,450,000
Sold Price
$246,000
Premium/Discount to List
-$2,204,000
-89.96%
Views
194
Current Estimated Value
$282,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,877
Avg. Annual Appreciation
4.09%
Original Mortgage
$233,700
Outstanding Balance
$229,798
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$32,700

Purchase Details

Closed on
Nov 17, 2009
Sold by
California Housing Finance Agency
Bought by
Fdk International Llc

Purchase Details

Closed on
Jan 15, 2009
Sold by
Smith Julie C and Smith David L
Bought by
California Housing Finance Agency

Purchase Details

Closed on
May 18, 2006
Sold by
Pacifica Oak Park Llc
Bought by
Smith David L and Shaw Julie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,900
Interest Rate
6.46%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Linn Elan E $246,000 First American Title
Fdk International Llc $69,000 First American Title Company
California Housing Finance Agency $77,310 Accommodation
Smith David L $175,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linn Elan E $233,700
Previous Owner Smith David L $174,900
Previous Owner Smith David L $5,247
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2024 02/06/24 Sold $246,000 +0.4% $384 / Sq Ft
01/02/2024 01/02/24 Pending -- -- --
12/12/2023 12/12/23 Price Changed $245,000 -90.0% $383 / Sq Ft
12/10/2023 12/10/23 For Sale $2,450,000 0.0% $3,828 / Sq Ft
11/02/2017 11/02/17 Rented $1,095 0.0% --
10/24/2017 10/24/17 Price Changed $1,095 -4.8% $2 / Sq Ft
09/21/2017 09/21/17 For Rent $1,150 -- --
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 $1,010 $250,920 $75,276 $175,644
2023 $1,010 $85,591 $37,212 $48,379
2022 $988 $83,914 $36,483 $47,431
2021 $990 $82,269 $35,768 $46,501
2020 $983 $81,427 $35,402 $46,025
2019 $965 $79,831 $34,708 $45,123
2018 $948 $78,267 $34,028 $44,239
2017 $932 $76,733 $33,361 $43,372
2016 $875 $75,229 $32,707 $42,522
2015 $862 $74,101 $32,217 $41,884
2014 $854 $72,651 $31,587 $41,064
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Pinnacle IPM

    JDRS Property Management Inc.

    (888) 746-6468

    2 in this area

    9 Total Sales

    Pinnacle IPM
    Section Image
  • James Oronoz

    Buyer's Agent in 2024

    James Oronoz

    Circa Properties, Inc.

    (714) 553-9073

    1 in this area

    64 Total Sales

    James Oronoz
    Section Image

  • K

    Seller's Agent in 2017

    Kuo Mao

    M.J.Property Service

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR23223997

California Regional Multiple Listing Service (CRMLS)

APN: 250-054-041

California Riverside County Riverside 92507 University

1301 Massachusetts Ave Unit 205, Riverside, CA

This home is located at 1301 Massachusetts Ave Unit 205, Riverside, CA 92507 since 10 December 2023 and is currently estimated at $282,877, approximately $441 per square foot. This property was built in 1986. 1301 Massachusetts Ave Unit 205 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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