NOT LISTED FOR SALE

1315 Massachusetts Ave Unit 101 Riverside, CA 92507

University Neighborhood

Estimated Value: $207,000 - $241,000

1 Bed
1 Bath
604 Sq Ft
597 Sq Ft Lot

Sale Details

Date Sold: August 6, 2022

Last sale price $141,000 $233 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,820 / mo

23 Days on Market

Highlights

  • Community Pool
  • Community Barbecue Grill
  • Central Heating and Cooling System
  • Living Room

About This Home

As of August 2022

Don’t miss out on the perfect opportunity for both the astute home buyer or intelligent investor! This private and quiet 1 bed, 1 bathroom condo boasts Brand New Paint Interior and Garage, Granite Countertops, Laminate Wood Floor, Adequate Storage and Closets, Large Sunny Patio, and a Roomy Garage with Extra Storage Space. Located in the well-maintained, Gated and Secure Palmilla Community just under five minutes from UCR! Complex offers a full array of amenities including: Community Pool and Spa, Recreational Area, BBQ, Gym, Laundry Facilities, and more.

Last Agent to Sell the Property

Jared Leung

MacroReal Inv Grp Inc. License #01985447 Listed on: 06/22/2022

Last Buyer's Agent

Jared Leung

MacroReal Inv Grp Inc. License #01985447 Listed on: 06/22/2022

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Lot Details

  • 597

HOA Fees

  • $399 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 604 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry in unit

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 1 / 315
  • Tax Tract Number 21069
  • Assessor Parcel Number 250055005
  • $73 per year additional tax assessments

Community Details

Overview

  • 100 Units
  • Palmilla Association, Phone Number (951) 682-1000

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

597 Sq Ft Lot

HOA Fees

$399 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: 250055005
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 604.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 233.44
  • Room Type: All Bedrooms Down, Kitchen, Living Room

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Trash, Sewer
  • Association Fee: 399.00
  • Association Fee Frequency: Monthly
  • Association Name: Palmilla
  • Phone: 951-682-1000
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Street Lights
  • Association Management: Palmilla

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 598.00
  • Lot Size Acres: 0.0137

Multi Family

  • Lease Considered: No
  • Lot Size Area: 598.0000 Square Feet
  • Number Of Units In Community: 100
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 315
  • Tax Census Tract: 422.09
  • Tax Lot: 1
  • Tax Tract Number: 21069
  • TaxOtherAnnualAssessmentAmount: 73.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Jul 22, 2022
Sold by
Bought by
Seller's Agent
Jared Leung
MacroReal Inv Grp Inc.
Buyer's Agent
Jared Leung
MacroReal Inv Grp Inc.
List Price
$250,000
Sold Price
$141,000
Premium/Discount to List
-$109,000
-43.6%
Current Estimated Value
$224,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,480
Avg. Annual Appreciation
12.56%

Purchase Details

Closed on
May 15, 2012
Sold by
Bought by

Purchase Details

Closed on
Jul 19, 2011
Sold by
Bought by

Purchase Details

Closed on
Jul 8, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 4, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 28, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,697
Interest Rate
0.0644%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$63,000 None Available
-- Lawyers Title
$63,000 Lawyers Title
$206,626 Stewart Title
$196,000 First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $5,697
Previous Owner $189,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/06/2022 08/06/22 Sold $141,000 -43.6% $233 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $250,000 -- $414 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,744 $250,736 $41,616 $209,120
2023 $2,744 $241,000 $40,000 $201,000
2022 $867 $73,093 $34,805 $38,288
2021 $872 $71,661 $34,123 $37,538
2020 $866 $70,928 $33,774 $37,154
2019 $850 $69,538 $33,112 $36,426
2018 $835 $68,175 $32,464 $35,711
2017 $821 $66,839 $31,828 $35,011
2016 $772 $65,529 $31,204 $34,325
2015 $760 $64,547 $30,737 $33,810
2014 $743 $63,285 $30,136 $33,149
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR22136001

California Regional Multiple Listing Service (CRMLS)

APN: 250-055-005

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