NOT LISTED FOR SALE

1321 Massachusetts Ave Unit 202 Riverside, CA 92507

University Neighborhood

Estimated Value: $232,000 - $367,000

1 Bed
1 Bath
604 Sq Ft
$348/mo HOA Fee

Last Sold August 25, 2021

Last sale price $200,000 $331 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,043/month

13 Days on Market

Highlights

  • Spa
  • Neighborhood Views
  • Eat-In Kitchen
  • Contemporary Architecture
  • Balcony
  • Community Playground

About This Home

As of August 2021

Location, location, location! Investor’s dream, highly rental demand for college students. Campus bus every ½ hour to college; just under five minutes from UCR! Located in the well-maintained, gated and secure Palmilla Community. The property is on 2nd floor, originally 1 bedroom and 1 bathroom. Converted to 3 bedrooms 1 bathroom without permit. Balcony and extra storage in 1 room. HOA amenities including community pool and spa, recreational area, BBQ, gym, laundry facilities, and much more. Must see to appreciate.

Last Agent to Sell the Property

Chuck Liu

SIGNAL REALTY License #01209713 Listed on: 06/27/2021

Last Buyer's Agent

Michelle Higbee

PAK HOME REALTY License #01872655

PAK HOME REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,331

Year Built

  • Built in 1986

Lot Details

  • Two or More Common Walls

HOA Fees

  • $348 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 604 Sq Ft Home
  • 1-Story Property
  • Window Screens
  • Storage
  • Laundry Room
  • Laminate Flooring
  • Neighborhood Views

Kitchen

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

Bedrooms and Bathrooms

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

Outdoor Features

  • Spa
  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 1 / 321
  • Tax Tract Number 21069
  • Assessor Parcel Number 250054062

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Laundry Facilities

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,331

Year Built

Built in 1986

Lot Details

0

HOA Fees

$348 per month

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 250054062
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 604.00 Square Feet
  • Interior Amenities: Balcony, Storage
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 331.13
  • Room Type: All Bedrooms Up
  • Spa Features: Association, Community
  • Window Features: Screens

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Utilities

  • Utilities: Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • 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, Picnic Area, Playground, Trash
  • Association Fee: 348.00
  • Association Fee Frequency: Monthly
  • Association Name: Palmilla
  • Phone: 951-682-1000
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Palmilla

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 615.00
  • Lot Size Acres: 0.0141

Multi Family

  • Lease Considered: No
  • Lot Size Area: 615.0000 Square Feet
  • Number Of Units In Community: 100
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 321
  • Tax Census Tract: 422.09
  • Tax Lot: 1
  • Tax Tract Number: 21069

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2021
Closed on
Jul 14, 2021
Sold by
Chen Xiaoling
Bought by
Estrada Victor and Estrada Azucena
Seller's Agent
Chuck Liu
SIGNAL REALTY
Buyer's Agent
Michelle Higbee
PAK HOME REALTY
List Price
$189,000
Sold Price
$200,000
Premium/Discount to List
$11,000
5.82%
Current Estimated Value
$277,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,566
Avg. Annual Appreciation
5.70%
Original Mortgage
$160,000
Outstanding Balance
$145,588
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$104,752

Purchase Details

Closed on
Aug 2, 2018
Sold by
Shine Vista Llc
Bought by
Chen Xiaoling

Purchase Details

Listed on
May 11, 2016
Closed on
Sep 26, 2016
Sold by
Vija Llc
Bought by
Shine Vista Llc
Seller's Agent
Emily Chou
KO TAI REALTY
Buyer's Agent
Emily Chou
KO TAI REALTY
List Price
$116,999
Sold Price
$116,000
Premium/Discount to List
-$999
-0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%

Purchase Details

Closed on
May 15, 2012
Sold by
Chang Kuo Ray
Bought by
Vija Llc

Purchase Details

Listed on
Nov 4, 2011
Closed on
Dec 27, 2011
Sold by
Le Yen Hsuan
Bought by
Chang Kuo Ray
Seller's Agent
MARTHA CERVANTES
CENTURY 21 REALTY TEAM
Buyer's Agent
ROMANDY KAN
UNIVERSAL ELITE REALTY
List Price
$68,000
Sold Price
$67,000
Premium/Discount to List
-$1,000
-1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.10%

Purchase Details

Listed on
Nov 4, 2011
Closed on
Dec 16, 2011
Sold by
California Housing Finance Agency
Bought by
Chang Kuo Ray
Seller's Agent
MARTHA CERVANTES
CENTURY 21 REALTY TEAM
Buyer's Agent
ROMANDY KAN
UNIVERSAL ELITE REALTY
List Price
$68,000
Sold Price
$67,000
Premium/Discount to List
-$1,000
-1.47%

Purchase Details

Closed on
Jun 13, 2006
Sold by
Pacifica Oak Park Llc
Bought by
Suarez Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,900
Interest Rate
6.57%
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 Buyer Sale Price Title Company
Estrada Victor $200,000 Wfg National Title Co Of Ca
Chen Xiaoling $150,000 Nextitle
Shine Vista Llc $116,000 Title 365
Vija Llc $68,000 None Available
Chang Kuo Ray -- None Available
Chang Kuo Ray $67,000 None Available
Suarez Mark $175,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estrada Victor $160,000
Previous Owner Suarez Mark $174,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Sold $200,000 +5.8% $331 / Sq Ft
07/10/2021 07/10/21 Pending -- -- --
06/27/2021 06/27/21 For Sale $189,000 +62.9% $313 / Sq Ft
09/30/2016 09/30/16 Sold $116,000 -0.9% $192 / Sq Ft
08/12/2016 08/12/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $116,999 +74.6% $194 / Sq Ft
01/02/2012 01/02/12 Sold $67,000 -1.5% $111 / Sq Ft
12/13/2011 12/13/11 Pending -- -- --
11/04/2011 11/04/11 For Sale $68,000 -- $113 / 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 $2,331 $212,241 $42,448 $169,793
2023 $2,331 $204,000 $40,800 $163,200
2022 $2,279 $200,000 $40,000 $160,000
2021 $1,797 $154,584 $41,222 $113,362
2020 $1,784 $153,000 $40,800 $112,200
2019 $1,750 $150,000 $40,000 $110,000
2018 $1,396 $118,320 $40,800 $77,520
2017 $1,372 $116,000 $40,000 $76,000
2016 $827 $70,731 $31,204 $39,527
2015 $815 $69,671 $30,737 $38,934
2014 $807 $68,308 $30,136 $38,172
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Chuck Liu

    SIGNAL REALTY

    (626) 898-2638

    2 in this area

    41 Total Sales

    Chuck Liu
    Section Image
  • Michelle Higbee

    Buyer's Agent in 2021

    Michelle Higbee

    PAK HOME REALTY

    (714) 552-2695

    1 in this area

    33 Total Sales

    Michelle Higbee
    Section Image
  • Emily Chou

    Seller's Agent in 2016

    Emily Chou

    KO TAI REALTY

    (626) 285-8333

    21 Total Sales

    Emily Chou
    Section Image

  • M

    Seller's Agent in 2012

    MARTHA CERVANTES

    CENTURY 21 REALTY TEAM

    Section Image
  • ROMANDY KAN

    Buyer's Agent in 2012

    ROMANDY KAN

    UNIVERSAL ELITE REALTY

    (626) 375-3317

    1 Total Sale

    ROMANDY KAN
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21139731

California Regional Multiple Listing Service (CRMLS)

APN: 250-054-062

California Riverside County Riverside 92507 University

1321 Massachusetts Ave Unit 202, Riverside, CA

This home is located at 1321 Massachusetts Ave Unit 202, Riverside, CA 92507 since 27 June 2021 and is currently estimated at $277,566, approximately $459 per square foot. This property was built in 1986. 1321 Massachusetts Ave Unit 202 is a home located in Riverside County with nearby schools including Highland Elementary, University Heights Middle School, and John W. North High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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