NOT LISTED FOR SALE

Estimated Value: $273,692 - $713,000

0.55 Acre
$896,993 Price per Acre
23,958 Sq Ft Lot

Last Sold April 24, 2023

Last sale price $240,000

Est. 105% increase in value since last sale

Current estimated payment $2,921/month

84 Days on Market

Highlights

  • City Lights View
  • 0.55 Acre Lot
  • No HOA
  • Lake Mathews Elementary School Rated A-

About This Lot

As of April 2023

Your Dream Home is Ready to Build! Plans have been approved with Riverside County to build this Modern and Contemporary Estate Home. The lot is just over half an acre allowing plenty of room for this beautiful estate home and resort style landscaping to accommodate any homeowner's luxury lifestyle. Start the New Year off right by building a new custom home! The Seller has already invested a substancial amount of time and money completing the legwork. Enjoy the opportunity to build a home and move in no time! Located in a highly sought-after neighborhood where many other custom homes are built, making it rare find in a location such as this. Enjoy the breathtaking mountain and city light views, local eateries and all the amenities nearby. Water and Electricity are already on site. Seller has already completed the retaining wall that separates the neighboring property. Seller will provide all plans, permits, architectural and engineering documents once offer has been accepted. See supplement attached to view approved plans and renderings. (All information provided is reliable but not guaranteed. Buyer to verify all).

Last Agent to Sell the Property

Jayneen Thornton

WS REALTY, INC. License #01908344 Listed on: 12/28/2022

WS REALTY, INC.

Last Buyer's Agent

Bob Russo

Realty Masters & Associates License #00545858

Realty Masters & Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,688

Lot Details

  • 0.55 Acre Lot
  • Rural Setting
  • Density is up to 1 Unit/Acre
  • Property is zoned R-A-1

Property Views

  • City Lights
  • Mountain
  • Neighborhood

Utilities

  • Septic Type Unknown
  • Sewer Not Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 269470048
  • $9 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$2,688

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: R-A-1
  • Property Type: Land
  • Parcel Number: 269470048
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 10.02

Exterior Features

  • View: City Lights, Mountain(s), Neighborhood

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Not Available
  • Sewer: Septic Type Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 23958.00
  • Lot Size Acres: 0.5500
  • Latitude Manual: 33.87451700

Multi Family

  • Lot Size Area: 23958.0000 Square Feet

Tax Info

  • Tax Census Tract: 420.08
  • Tax Lot: 57
  • TaxOtherAnnualAssessmentAmount: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2022
Closed on
Mar 29, 2023
Sold by
Lang Steve
Bought by
Barrios Oscar and Barrios Maria Hilda
Seller's Agent
Jayneen Thornton
WS REALTY, INC.
Buyer's Agent
Bob Russo
Realty Masters & Associates
List Price
$269,000
Sold Price
$240,000
Premium/Discount to List
-$29,000
-10.78%
Views
239
Current Estimated Value
$492,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,678
Avg. Annual Appreciation
36.48%

Purchase Details

Listed on
Aug 29, 2018
Closed on
Nov 27, 2018
Sold by
Rodriguez Armando
Bought by
Lang Steve and Lang Christopher
Seller's Agent
Ben Rubalcava
Re/Max Partners
Buyer's Agent
Jayneen Thornton
WS REALTY, INC.
List Price
$210,000
Sold Price
$180,000
Premium/Discount to List
-$30,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%

Purchase Details

Closed on
Aug 24, 2016
Sold by
Rodriguez Armando
Bought by
Rodriguez Armando

Purchase Details

Closed on
Mar 10, 2016
Sold by
Parthenon Development
Bought by
Rodriquez Armando

Purchase Details

Closed on
Sep 12, 2008
Sold by
Richardson Arthur
Bought by
Parthenon Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
5.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 9, 2007
Sold by
Parthenon Development Llc
Bought by
Richardson Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.85%
Mortgage Type
Seller Take Back
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
Barrios Oscar $120,000 First American Title
Lang Steve -- First American Title
Lang Steve $180,000 First American Title Company
Rodriguez Armando -- Stewart Title Company
Rodriquez Armando $100,000 Stewart Title
Parthenon Development Llc -- Accommodation
Richardson Arthur $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parthenon Development Llc $114,000
Previous Owner Richardson Arthur $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2023 04/24/23 Sold $240,000 -14.0% --
03/22/2023 03/22/23 Pending -- -- --
02/16/2023 02/16/23 Price Changed $279,000 +3.7% --
12/28/2022 12/28/22 For Sale $269,000 +49.4% --
11/28/2018 11/28/18 Sold $180,000 -14.3% --
10/29/2018 10/29/18 Pending -- -- --
08/29/2018 08/29/18 For Sale $210,000 -- --
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 $2,688 $249,696 $249,696 --
2023 $2,688 $192,996 $192,996 $0
2022 $2,106 $189,212 $189,212 $0
2021 $2,069 $185,502 $185,502 $0
2020 $2,053 $183,600 $183,600 $0
2019 $2,013 $180,000 $180,000 $0
2018 $1,167 $104,040 $104,040 $0
2017 $1,146 $102,000 $102,000 $0
2016 $2,366 $221,909 $221,909 $0
2015 $2,334 $218,577 $218,577 $0
2014 $2,312 $214,297 $214,297 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22260426

California Regional Multiple Listing Service (CRMLS)

APN: 269-470-048