NOT LISTED FOR SALE

1311 Massachusetts Ave Unit 203 Riverside, CA 92507

University Neighborhood

Estimated Value: $315,000 - $337,900

2 Beds
1 Bath
860 Sq Ft
$418/mo HOA Fee

Last Sold June 15, 2022

Last sale price $300,000 $349 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,523/month

71 Days on Market

Highlights

  • Granite Countertops
  • Laundry Room
  • Central Heating and Cooling System
  • Community Pool
  • Community Barbecue Grill

About This Home

As of June 2022

Welcome to a cozy condo of Palmilla Association. This upper-level condo feathers with laminated flooring, granite countertop, upgrade bathroom and washer/dryer - Other units use community laundry. One detached garage included. The condo conveniently located near UCR, Downtown Riverside, Freeways, shopping, restaurant and groceries. Especially, School Bus pick up and drop off the kid daily at the gate in front of the house, which is very helpful for all parents. Put this one on your list to go see!

Last Agent to Sell the Property

TranChau Bui

LPC Financial, Inc. License #01848245 Listed on: 03/11/2022

Last Buyer's Agent

Lian Sergeant

KELLER WILLIAMS RIVERSIDE CENT License #02059652

KELLER WILLIAMS RIVERSIDE CENT

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,470

Year Built

  • Built in 1986

Lot Details

  • 941

HOA Fees

  • $418 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 860 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

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

Listing and Financial Details

  • Legal Lot and Block 1 / 311
  • Tax Tract Number 21069
  • Assessor Parcel Number 250054051
  • $73 per year additional tax assessments

Community Details

Overview

  • 156 Units
  • Palmilla Association, Phone Number (951) 682-1000
  • Wsr Real Estate HOA

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,470

Year Built

Built in 1986

Lot Details

0

HOA Fees

$418 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 250054051
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 860.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 348.84
  • Room Type: All Bedrooms Down
  • Room Kitchen Features: Granite Counters

Exterior Features

  • 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
  • Laundry Features: Electric Dryer Hookup, Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue
  • Association Fee: 418.00
  • Association Fee Frequency: Monthly
  • Association Name: PALMILLA
  • Phone: 9516821000
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: WSR REAL ESTATE

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 942.00
  • Lot Size Acres: 0.0216

Multi Family

  • Lease Considered: No
  • Lot Size Area: 942.0000 Square Feet
  • Number Of Units In Community: 156
  • Number Of Units Total: 156

Tax Info

  • Tax Block: 311
  • 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
Mar 11, 2022
Closed on
Jun 3, 2022
Sold by
Vo and Oanh
Bought by
Dallas Family Trust
Seller's Agent
TranChau Bui
LPC Financial, Inc.
Buyer's Agent
Lian Sergeant
KELLER WILLIAMS RIVERSIDE CENT
List Price
$285,000
Sold Price
$300,000
Premium/Discount to List
$15,000
5.26%
Current Estimated Value
$324,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,975
Avg. Annual Appreciation
2.69%
Original Mortgage
$172,000
Outstanding Balance
$163,852
Interest Rate
4.72%
Mortgage Type
Construction
Estimated Equity
$161,123

Purchase Details

Listed on
Oct 6, 2017
Closed on
Dec 22, 2017
Sold by
Lee Rong Wei and Wang Shu Chu
Bought by
Vo Hai and Vo Oanh
Seller's Agent
Jennifer Hwang
Coldwell Banker Dynasty Arc.
Buyer's Agent
Katie Rothacker
POWER OF 2 REALTY
List Price
$175,000
Sold Price
$169,000
Premium/Discount to List
-$6,000
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.73%

Purchase Details

Closed on
Aug 31, 2011
Sold by
California Housing Finance Agency #779Dd
Bought by
Lee Rong Wel

Purchase Details

Closed on
May 26, 2011
Sold by
Lee Hak Soo
Bought by
California Housing Finance Agency

Purchase Details

Closed on
May 17, 2006
Sold by
Pacifica Oak Park Llc
Bought by
Lee Hak Soo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,410
Interest Rate
6.41%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Dallas Family Trust $300,000 Landwood Title
Vo Hai $169,000 Stewart Title
Lee Rong Wel $89,500 None Available
California Housing Finance Agency $222,452 Servicelink
Lee Hak Soo $259,545 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vo Hai $172,000
Previous Owner Lee Hak Soo $211,410
Previous Owner Lee Hak Soo $7,047
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $300,000 +5.3% $349 / Sq Ft
05/22/2022 05/22/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $285,000 0.0% $331 / Sq Ft
03/07/2022 03/07/22 Price Changed $285,000 +68.6% $331 / Sq Ft
12/30/2017 12/30/17 Sold $169,000 -3.4% $197 / Sq Ft
12/19/2017 12/19/17 Pending -- -- --
10/06/2017 10/06/17 For Sale $175,000 -- $203 / 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 $3,470 $306,000 $40,800 $265,200
2022 $2,070 $181,200 $42,887 $138,313
2021 $2,054 $177,648 $42,047 $135,601
2020 $2,039 $175,827 $41,616 $134,211
2019 $2,001 $172,380 $40,800 $131,580
2018 $1,963 $169,000 $40,000 $129,000
2017 $1,157 $96,855 $32,465 $64,390
2016 $1,086 $94,957 $31,829 $63,128
2015 $1,070 $93,532 $31,351 $62,181
2014 $1,059 $91,702 $30,738 $60,964
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22044386

California Regional Multiple Listing Service (CRMLS)

APN: 250-054-051