NOT LISTED FOR SALE

1341 Massachusetts Ave Unit 201 Riverside, CA 92507

University Neighborhood

Estimated Value: $236,000 - $274,277

1 Bed
1 Bath
604 Sq Ft
$283/mo HOA Fee

Last Sold June 15, 2018

Last sale price $144,000 $238 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,804/month

62 Days on Market

Highlights

  • Courtyard Views
  • Outdoor Cooking Area
  • Laundry Room
  • Community Pool
  • Balcony
  • Landscaped

About This Home

As of June 2018

Don’t miss out on the perfect opportunity for both the sophisticated home buyer or intelligent investor! This spacious 1 bed, 1 bathroom condo boasts Granite Countertops, Laminate Wood Floor, Adequate Storage and Closets, Large Patio with courtyard view, and a Roomy Garage. 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: 03/30/2018

Last Buyer's Agent

Lisa Richardson

Gold Real Estate License #01800597

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,812

Year Built

  • Built in 1986

Lot Details

  • No Common Walls
  • Landscaped

HOA Fees

  • $283 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

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

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 32
  • Assessor Parcel Number 250055069

Community Details

Overview

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

Amenities

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

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,812

Year Built

Built in 1986

Lot Details

0

HOA Fees

$283 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 250055069
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 604.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 238.41
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Courtyard
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • 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, Outdoor Cooking Area, Picnic Area
  • Association Fee: 283.00
  • Association Fee Frequency: Monthly
  • Association Name: Palmilla Maintenance association
  • Phone: 951-682-1000
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 596.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 422.09
  • Tax Lot: 12
  • Tax Tract Number: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2018
Closed on
Jun 12, 2018
Sold by
Vija Llc
Bought by
Zhang Yinghui
Seller's Agent
Jared Leung
MacroReal Inv Grp Inc.
Buyer's Agent
Lisa Richardson
Gold Real Estate
List Price
$1,388,888
Sold Price
$144,000
Premium/Discount to List
-$1,244,888
-89.63%
Current Estimated Value
$258,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,569
Avg. Annual Appreciation
8.35%

Purchase Details

Listed on
Mar 30, 2018
Closed on
Jun 5, 2018
Sold by
Li Dacheng
Bought by
Zhang Yinghui
Seller's Agent
Jared Leung
MacroReal Inv Grp Inc.
Buyer's Agent
Lisa Richardson
Gold Real Estate
List Price
$1,388,888
Sold Price
$144,000
Premium/Discount to List
-$1,244,888
-89.63%

Purchase Details

Closed on
May 15, 2012
Sold by
Tse Han Choi
Bought by
Vlia Llc

Purchase Details

Closed on
Jun 24, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Tse Han Choi

Purchase Details

Closed on
May 11, 2011
Sold by
Young Lucious E
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 24, 2006
Sold by
Pacifica Oak Park Llc
Bought by
Young Lucious E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,920
Interest Rate
6.57%
Mortgage Type
Unknown
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
Zhang Yinghui $144,000 Stewart Title
Zhang Yinghui -- Stewart Title
Vlia Llc -- None Available
Tse Han Choi $58,500 Lsi Title Company
Federal Home Loan Mortgage Corporation $54,193 Accommodation
Young Lucious E $370,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Lucious E $147,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $144,000 -1.4% $238 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
05/21/2018 05/21/18 Price Changed $145,999 +5.1% $242 / Sq Ft
03/30/2018 03/30/18 Price Changed $138,888 -90.0% $230 / Sq Ft
03/30/2018 03/30/18 For Sale $1,388,888 -- $2,299 / 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 $1,812 $163,841 $45,510 $118,331
2023 $1,812 $157,481 $43,744 $113,737
2022 $1,772 $154,394 $42,887 $111,507
2021 $1,761 $151,368 $42,047 $109,321
2020 $1,748 $149,817 $41,616 $108,201
2019 $1,716 $146,880 $40,800 $106,080
2018 $823 $67,093 $32,464 $34,629
2017 $809 $65,778 $31,828 $33,950
2016 $761 $64,489 $31,204 $33,285
2015 $749 $63,523 $30,737 $32,786
2014 $741 $62,281 $30,136 $32,145
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR18072677

California Regional Multiple Listing Service (CRMLS)

APN: 250-055-069