NOT LISTED FOR SALE

1337 Massachusetts Ave Unit 201 Riverside, CA 92507

University Neighborhood

Estimated Value: $231,000 - $292,300

1 Bed
1 Bath
604 Sq Ft
$428/Sq Ft Est. Value

Last Sold December 24, 2019

Last sale price $145,000 $240 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,942/month

79 Days on Market

Highlights

  • 0.38 Acre Lot
  • Laundry Room
  • Central Air
  • Community Pool

About This Home

As of December 2019

BEST PRICE in the complex. Entering thru the front gate, immediately on your left you will find mailboxes and pool, unit is located near the pool area. Bright and airy with move-in condition. Spacious living room has been converted and being used as the second bedroom. New flooring throughout. Unit offers one covered carport. Complex is not FHA approved. Closed to UC riverside and Downtown.

Last Listed By

Jennifer Hwang

Coldwell Banker Dynasty Arc. License #01090350 Listed on: 10/06/2019

Coldwell Banker Dynasty Arc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,756

Year Built

  • Built in 1986

Lot Details

  • 1 Common Wall
  • Density is up to 1 Unit/Acre

HOA Fees

  • $348 Monthly HOA Fees

Home Design

  • 604 Sq Ft Home

Bedrooms and Bathrooms

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

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 21069

Community Details

Overview

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

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,756

Year Built

Built in 1986

Lot Details

0

HOA Fees

$348 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 604.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: Two
  • Price Per Square Foot: 240.07
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Community
  • Pool Private: No

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: 347.77
  • Association Fee Frequency: Monthly
  • Association Name: raincross
  • Phone: 951-682-1000
  • Senior Community: No
  • Community Features: Street Lights
  • Association Management: Palmilla Maintenance

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 16552.80
  • Lot Size Acres: 0.3800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.3800 Acres
  • Number Of Units In Community: 100
  • Number Of Units Total: 100

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 21069

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2019
Closed on
Nov 4, 2019
Sold by
Lee Rongwei and Wang Shuchu
Bought by
Wu Harrison and Wu Rose Mei Hua
Seller's Agent
Jennifer Hwang
Coldwell Banker Dynasty Arc.
Buyer's Agent
Ginny Lin
Faith Global Realty Grp Inc
List Price
$149,800
Sold Price
$145,000
Premium/Discount to List
-$4,800
-3.2%
Total Days on Market
79
Current Estimated Value
$258,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,575
Avg. Annual Appreciation
11.26%
Original Mortgage
$101,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 27, 2012
Closed on
Sep 12, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Lee Rongwei and Wang Shuchu
Seller's Agent
David Judd
Ojo Home California Inc.
Buyer's Agent
Lucy Huang
Presidential Inc
List Price
$60,000
Sold Price
$65,819
Premium/Discount to List
$5,819
9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.49%

Purchase Details

Listed on
Aug 27, 2012
Closed on
Aug 8, 2012
Sold by
Sarmiento Antonio N and Sarmiento Concepcion B
Bought by
Deutsche Bank National Trust Company
Seller's Agent
David Judd
Ojo Home California Inc.
Buyer's Agent
Lucy Huang
Presidential Inc
List Price
$60,000
Sold Price
$65,819
Premium/Discount to List
$5,819
9.7%

Purchase Details

Closed on
Sep 7, 2006
Sold by
Pacifica Oak Park Llc
Bought by
Sarmiento Antonio N and Sarmiento Concepcion B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,920
Interest Rate
6.12%
Mortgage Type
Unknown

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
Wu Harrison $145,000 Stewart Title Of Ca Inc
Lee Rongwei $66,000 Premium Title Of Ca Inc
Deutsche Bank National Trust Company $58,000 None Available
Sarmiento Antonio N $190,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wu Harrison $101,500
Previous Owner Sarmiento Antonio N $151,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2019 12/24/19 Sold $145,000 -3.2% $240 / Sq Ft
10/06/2019 10/06/19 For Sale $149,800 +127.6% $248 / Sq Ft
09/21/2012 09/21/12 Sold $65,819 +9.7% $109 / Sq Ft
08/30/2012 08/30/12 Pending -- -- --
08/27/2012 08/27/12 For Sale $60,000 -- $99 / 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
2023 $1,756 $152,418 $42,046 $110,372
2022 $1,716 $149,430 $41,222 $108,208
2021 $1,707 $146,501 $40,414 $106,087
2020 $1,694 $145,000 $40,000 $105,000
2019 $887 $72,849 $33,112 $39,737
2018 $871 $71,421 $32,464 $38,957
2017 $856 $70,022 $31,828 $38,194
2016 $805 $68,650 $31,204 $37,446
2015 $793 $67,622 $30,737 $36,885
2014 $785 $66,299 $30,136 $36,163
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR19235114

California Regional Multiple Listing Service (CRMLS)

APN: 250-055-057