$169,000
SOLD DEC 30, 2017

1311 Massachusetts Ave Unit 203 Riverside, CA 92507

University Neighborhood
2 Beds
1 Bath
860 Sq Ft
$329/mo HOA Fee

Recently Sold

$197 Per Sq Ft

3% Below List Price

74 Days on Market

Highlights

  • Community Pool
  • Laundry Room
  • Central Air

About This Home

As of June 2022

Best price unit in Palmilla community. Price reflect's seller's motivation to sell. Just finished painting and cleaning and ready for showing. Wonderful gated complex with easy access to UCR, shopping and FWY. Granite counter top in kitchen and bathrooms. Laminated woodfloor throughout. Hurry, this unit will not last long. Perfect for first time home buyer. Complex NOT FHA approved.

Last Agent to Sell the Property

Jennifer Hwang

Coldwell Banker Dynasty Arc. License #01090350 Listed on: 10/06/2017

Coldwell Banker Dynasty Arc.

Last Buyer's Agent

Katie Rothacker

POWER OF 2 REALTY License #01851284

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,470

Year Built

  • Built in 1986

Lot Details

  • Two or More Common Walls
  • Density is 6-10 Units/Acre

HOA Fees

Parking

  • 1 Car Garage
  • 1 Carport Space

Interior Spaces

  • 860 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

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

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 21069
  • Assessor Parcel Number 250054051

Community Details

Overview

  • 40 Units
  • Raincross Services Association, Phone Number (951) 462-1123

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,470

Year Built

Built in 1986

Lot Details

0

HOA Fees

$329 per month

Parking

1

Listing Details

  • 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: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 196.51
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 314.16
  • Association #2 Fee: 15.00
  • Association Fee Frequency: Monthly
  • Association Name: Raincross Services
  • Phone: 9514621123
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 942.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 40
  • Number Of Units Total: 40

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 21069

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
$325,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,249
Avg. Annual Appreciation
2.59%
Original Mortgage
$172,000
Outstanding Balance
$163,100
Interest Rate
4.72%
Mortgage Type
Construction
Estimated Equity
$161,875

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

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 Type Sale Price Title Company
Grant Deed $300,000 Landwood Title
Grant Deed $169,000 Stewart Title
Grant Deed $89,500 None Available
Trustee Deed $222,452 Servicelink
Grant Deed $259,545 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $172,000 Construction
Previous Owner $211,410 New Conventional
Previous Owner $7,047 Unknown
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
2025 $3,470 $594,276 $42,448 $551,828
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: AR17228549

California Regional Multiple Listing Service (CRMLS)

APN: 250-054-051