$240,000
SOLD FEB 15, 2022

1327 Massachusetts Ave Unit 202 Riverside, CA 92507

University Neighborhood
1 Bed
1 Bath
616 Sq Ft
$357/mo HOA Fee

Recently Sold

$390 Per Sq Ft

1% Above List Price

28 Days on Market

Highlights

  • Fitness Center
  • Pool View
  • Community Pool
  • Traditional Architecture
  • Granite Countertops
  • Outdoor Cooking Area

About This Home

As of February 2022

Comfort Living at Palmilla Community in Riverside. This charming Upper Corner Unit in gated Palmilla Community offers Newer Carpeting throughout, New Interior Paint, Newer A/C Unit, Large Bedroom with Floor to Ceiling Mirrored Wardrobe and additional Linen Closet, Kitchen with Maple Cabinets and Granite Counter tops, Range/Oven, Microwave Oven and Dishwasher. Desirable Inner Corner Lot with View of the Greenbelt from your private Deck. Large Storage in the private deck. The Community offers Pool, Spa, Gym, BBQ/Picnic Area, Assigend Covered Parking and Community Laundry Room in Every Building. Conveniently located near UC Riverside with shuttle stop to the campus near by. Close to Shopping, University, Downtown, Public Transportations, Freeways and Much, Much More!!

Last Agent to Sell the Property

Nancy Lee

First Team Real Estate License #01124068 Listed on: 11/18/2021

First Team Real Estate

Last Buyer's Agent

SABA TAILOR-AKBER

REALTY NOW License #01908042

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,787

Year Built

  • Built in 1986

HOA Fees

  • $357 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 616 Sq Ft Home
  • 2-Story Property
  • Window Screens
  • Combination Dining and Living Room
  • Carpet
  • Pool Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Parking

  • Carport
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Living Room Balcony
  • Patio
  • Exterior Lighting
  • Porch

Additional Features

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

Listing and Financial Details

  • Legal Lot and Block 1 / 327
  • Tax Tract Number 21069
  • Assessor Parcel Number 250055052
  • $73 per year additional tax assessments

Community Details

Overview

  • 170 Units
  • Palmilla Condominiums Association, Phone Number (951) 999-9914
  • Wsr Real Estate Sales & Management HOA
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,787

Year Built

Built in 1986

Lot Details

0

HOA Fees

$357 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 250055052
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 616.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters, Living Room Balcony
  • Stories: 2
  • Entry Location: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: In Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 389.61
  • Room Type: Kitchen, Living Room
  • Window Features: Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Granite Counters

Exterior Features

  • Patio: Yes
  • View: Pool
  • Patio And Porch Features: Porch
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Carport, Covered

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Gym/Ex Room, Maintenance Grounds, Trash, Water
  • Association Fee: 357.00
  • Association Fee Frequency: Monthly
  • Association Name: Palmilla Condominiums
  • Phone: 951-999-9914
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Street Lights
  • Association Management: WSR Real Estate Sales & Management

Schools

  • School District: Riverside Unified

Lot Info

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

Multi Family

  • Lease Considered: No
  • Lot Size Area: 665.0000 Square Feet
  • Number Of Units In Community: 170
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 327
  • 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
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
$261,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,303
Avg. Annual Appreciation
2.41%
Original Mortgage
$228,000
Outstanding Balance
$212,143
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$48,513

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

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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 Type Sale Price Title Company
Grant Deed $240,000 First American Title
Grant Deed $180,000 First American Title Company
Interfamily Deed Transfer -- First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,000 New Conventional
Previous Owner $140,239 New Conventional
Previous Owner $143,920 New Conventional
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 $466,930 $42,448 $424,482
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: PW21250596

California Regional Multiple Listing Service (CRMLS)

APN: 250-055-052