NOT LISTED FOR SALE

1327 Massachusetts Ave Unit 202 Riverside, CA 92507

University Neighborhood

Estimated Value: $253,000 - $376,000

1 Bed
1 Bath
604 Sq Ft
666 Sq Ft Lot

Last Sold February 15, 2022

Last sale price $240,000 $397 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,795/month

Highlights

  • Pool View
  • Laundry Room
  • Central Heating and Cooling System
  • Community Pool

About This Home

As of August 2023

Introducing the Palmilla Community in Riverside, where you can experience the epitome of comfortable living. This delightful upper one bedroom and one bathroom corner unit within the gates of Palmilla Community boasts a range of desirable features. Step inside to discover newer carpeting throughout, along with fresh interior paint that adds a touch of elegance to the space. The unit is equipped with a newer A/C unit, ensuring your comfort all year round.
The generously sized bedroom offers a floor-to-ceiling mirrored wardrobe and an additional linen closet, providing ample storage space. The kitchen is adorned with maple cabinets and granite countertops. You'll find all the necessary appliances, including a range/oven, microwave oven, and dishwasher. Situated on an inner corner lot, this unit treats you to a pleasant view of the greenbelt from your very own private deck. Additionally, the deck features a large storage area, perfect for keeping your belongings organized. Residents of Palmilla Community have access to a range of amenities. Take a refreshing dip in the pool, unwind in the spa. Enjoy the outdoor BBQ/picnic area. Assigned covered parking ensures your convenience, and each building provides a community laundry room for your everyday needs. The community's location is highly advantageous. It is conveniently situated near UC Riverside, with a nearby shuttle stop providing easy access to the campus. You'll also appreciate the proximity to shopping centers, the university, downtown area, public transportation, freeways, and a host of other amenities. Rent included Water and Trash.

Last Agent to Rent the Property

SABA TAILOR-AKBER

REALTY NOW License #01908042 Listed on: 07/11/2023

Last Renter's Agent

NoEmail NoEmail

None MRML License #N/A

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,787

Year Built

  • Built in 1986

Lot Details

  • 666

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 604 Sq Ft Home
  • 1-Story Property
  • Pool Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • No Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $1,700
  • Rent includes trash collection, water
  • 12-Month Minimum Lease Term
  • Available 8/15/23
  • Legal Lot and Block 1 / 327
  • Tax Tract Number 21069
  • Assessor Parcel Number 250055052

Community Details

Overview

  • Property has a Home Owners Association
  • $1,700 HOA Transfer Fee
  • 170 Units

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit
  • Pet Deposit $500
  • Breed Restrictions

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,787

Year Built

Built in 1986

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2023-08-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 1700
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call, Size Limit
  • Transfer Fees: 1700.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Quadruplex
  • Ad Number: 9092245786
  • Inclusions: owner will pay water and trash.
  • Other Phone Description: 9092245786
  • Other Phone Number: 9092245786
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 250055052
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 604.00 Square Feet
  • Stories: 1
  • Entry Location: front door
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 2
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.81
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Pool
  • Pool Features: Association, Community
  • Pool Private: No

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
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 665.00
  • Lot Size Acres: 0.0153

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 665.0000 Square Feet
  • Number Of Units In Community: 170
  • Number Of Units Total: 1
  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Block: 327
  • Tax Census Tract: 422.09
  • Tax Lot: 1
  • Tax Tract Number: 21069

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Jan 11, 2022
Sold by
Lee Yong K
Bought by
Akber Sahair E and Akber Bilal
Seller's Agent
Nancy Lee
First Team Real Estate
Buyer's Agent
SABA TAILOR-AKBER
REALTY NOW
List Price
$238,800
Sold Price
$240,000
Premium/Discount to List
$1,200
0.5%
Current Estimated Value
$294,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,839
Avg. Annual Appreciation
2.91%
Original Mortgage
$228,000
Outstanding Balance
$212,143
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$54,212

Purchase Details

Closed on
Feb 23, 2007
Sold by
Pacifica Oak Park Llc
Bought by
Lee Yong K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,920
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2007
Sold by
Lee Nancy Eunkung
Bought by
Lee Yong K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,920
Interest Rate
5.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Akber Sahair E $240,000 First American Title
Lee Yong K $180,000 First American Title Company
Lee Yong K -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akber Sahair E $228,000
Previous Owner Lee Yong K $143,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2023 08/19/23 Rented $1,700 0.0% --
07/13/2023 07/13/23 Price Changed $1,700 -5.6% $3 / Sq Ft
07/11/2023 07/11/23 For Rent $1,800 0.0% --
02/15/2022 02/15/22 Sold $240,000 +0.5% $390 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $238,800 -- $388 / 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 $2,787 $254,689 $42,448 $212,241
2023 $2,787 $244,800 $40,800 $204,000
2022 $2,288 $200,785 $66,457 $134,328
2021 $1,939 $167,321 $55,381 $111,940
2020 $1,774 $152,110 $50,346 $101,764
2019 $1,725 $147,680 $48,880 $98,800
2018 $1,661 $142,000 $47,000 $95,000
2017 $1,461 $124,000 $41,000 $83,000
2016 $1,268 $112,000 $37,000 $75,000
2015 $1,161 $102,000 $34,000 $68,000
2014 $1,095 $95,000 $32,000 $63,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23124594

California Regional Multiple Listing Service (CRMLS)

APN: 250-055-052