$145,000
SOLD JUN 17, 2014

1303 Massachusetts Ave Unit 206 Riverside, CA 92507

University Neighborhood
2 Beds
2 Baths
974 Sq Ft
$241/mo HOA Fee

Recently Sold

$149 Per Sq Ft

4% Above List Price

17 Days on Market

Highlights

  • Private Pool
  • Main Floor Bedroom
  • High Ceiling
  • Wood Flooring
  • Loft
  • Granite Countertops

About This Home

As of April 2019

Witness natural light coming through into a beautiful lofted condo with high ceilings when you enter. Lovely condo walking distance from the neighborhood Starbucks and grocery store. Conveniently located near UC Riverside. Recent updates on both bathrooms. 1 BR on first floor. 2nd lofted master bedroom on 2nd floor. Walk-in closet. Built-in cupboards for convenient storage. Granite counter tops in kitchen and bathroom. Common areas include pool, gym, and playground. RTA bus stop within very short walking distance on Iowa Ave.

Palmila Maintenance Association recently updated the balconies on units in the Association. Thus, there is currently an outstanding, one-time special assessment of $2538.88 due to the Association. The special assessment may be paid through monthly payments of $200.

Last Agent to Sell the Property

Chiao-En Lin

IRN Realty License #01947074 Listed on: 05/16/2014

Last Buyer's Agent

PAUL XU

GOGO REALTORS R.H. CORP. License #01703560

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,375

Year Built

  • Built in 1986

HOA Fees

  • $241 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 974 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Living Room
  • Loft
  • Storage
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Additional Features

  • Two or More Common Walls
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1-5
  • Tax Tract Number 21069
  • Assessor Parcel Number 250054048

Community Details

Overview

  • 6 Units
  • Palmilla Maintenance Association, Phone Number (909) 941-9866

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,375

Year Built

Built in 1986

Lot Details

0

HOA Fees

$241 per month

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 250054048
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 974.00
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters, High Ceilings, Storage
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 148.87
  • Room Type: Loft, Living Room, Master Bedroom, Main Floor Bedroom, Walk-In Closet

Exterior Features

  • Pool Features: Association
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 241.00
  • Association Fee Frequency: Monthly
  • Association Name: Palmilla Maintenance Association
  • Phone: (909) 941-9866
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Riverside Unified

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 6
  • Number Of Units Total: 6

Tax Info

  • Tax Lot: 1-5
  • Tax Tract Number: 21069

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2019
Closed on
Mar 14, 2019
Sold by
Pacific Trend Properties Lp
Bought by
Book Jonathan H and Book Teri Mcginnis
Seller's Agent
Richard Thompson
Re/Max Partners
Buyer's Agent
David Rankin
Realty Masters & Associates
List Price
$194,900
Sold Price
$193,900
Premium/Discount to List
-$1,000
-0.51%
Current Estimated Value
$332,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,422
Avg. Annual Appreciation
9.92%
Original Mortgage
$123,900
Outstanding Balance
$110,684
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$237,443

Purchase Details

Closed on
Jan 3, 2019
Sold by
Guo Hui
Bought by
Pacific Trend Properties Lp

Purchase Details

Listed on
May 16, 2014
Closed on
Jun 3, 2014
Sold by
Lin Samuel
Bought by
Guo Hui
Seller's Agent
Chiao-En Lin
IRN Realty
Buyer's Agent
PAUL XU
GOGO REALTORS R.H. CORP.
List Price
$140,000
Sold Price
$145,000
Premium/Discount to List
$5,000
3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%

Purchase Details

Listed on
May 16, 2014
Closed on
Jun 2, 2014
Sold by
Lin Chiao En Ip
Bought by
Lin Samuel
Seller's Agent
Chiao-En Lin
IRN Realty
Buyer's Agent
PAUL XU
GOGO REALTORS R.H. CORP.
List Price
$140,000
Sold Price
$145,000
Premium/Discount to List
$5,000
3.57%

Purchase Details

Closed on
Feb 3, 2010
Sold by
Federal National Mortgage Association
Bought by
Lin Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2009
Sold by
Garcia Pedro
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 5, 2006
Sold by
Pacifica Oak Park Llc
Bought by
Garcia Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,520
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac
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 Type Sale Price Title Company
Grant Deed $194,000 First American Title Co
Grant Deed $130,000 First American Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed $145,000 Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Grant Deed $115,000 Lawyers Title Company
Trustee Deed $237,726 Accommodation
Grant Deed $281,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $123,900 New Conventional
Previous Owner $109,250 New Conventional
Previous Owner $225,520 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold $193,900 -0.5% $199 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
03/05/2019 03/05/19 For Sale $194,900 +34.4% $200 / Sq Ft
06/17/2014 06/17/14 Sold $145,000 +3.6% $149 / Sq Ft
05/16/2014 05/16/14 For Sale $140,000 -- $144 / 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 $2,375 $207,897 $42,886 $165,011
2022 $2,321 $203,822 $42,046 $161,776
2021 $2,301 $199,826 $41,222 $158,604
2020 $2,284 $197,778 $40,800 $156,978
2019 $1,855 $159,336 $54,943 $104,393
2018 $1,820 $156,213 $53,866 $102,347
2017 $1,788 $153,151 $52,810 $100,341
2016 $1,676 $150,149 $51,775 $98,374
2015 $1,651 $147,897 $50,999 $96,898
2014 $1,377 $121,090 $42,118 $78,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14102332

California Regional Multiple Listing Service (CRMLS)

APN: 250-054-048