$125,000
SOLD AUG 14, 2017

1343 Massachusetts Ave Unit 204 Riverside, CA 92507

University Neighborhood
1 Bed
1 Bath
604 Sq Ft
$284/mo HOA Fee

Recently Sold

$207 Per Sq Ft

257 Days on Market

Highlights

  • Gated Community
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Community Pool
  • Laundry Room

About This Home

As of September 2024

Great opportunity to buy a low maintenance income property. High rents and strong student rental demand. Low owner occupancy rate (less than 30%) could make this difficult to get financed. Well kept and nicely updated, light and bright upstairs model. Rarely available model WITH a 1 car detached garage. Private gated community near University of California Riverside. Close to bus stops, campus and shopping/restaurants. Easy access to the 60 fwy. Community features an association pool, spa, BBQ and playground. Makes a great starter home or investment property and is perfect for those with ties to the UCR community. HOA has pending litigation from a past vendor.

Last Agent to Sell the Property

Douglas DiGiore

Compass License #01319754 Listed on: 11/18/2016

Compass

Co-Listed By

Kevin Sullivan

Compass License #01736751

Last Buyer's Agent

ANDY CLEAVES

REAL BROKER License #01383386

REAL BROKER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,377

Year Built

  • Built in 1986

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $284 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Carport Space

Home Design

  • 604 Sq Ft Home

Bedrooms and Bathrooms

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

Additional Features

  • Laundry Room
  • Urban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 21069
  • Assessor Parcel Number 250055078

Community Details

Recreation

  • Community Pool

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,377

Year Built

Built in 1986

Lot Details

0

HOA Fees

$284 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 250055078
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 604.00 Square Feet
  • Common Walls: 2+ 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: 206.95
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 283.80
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 606.00

Multi Family

  • Lease Considered: No

Tax Info

  • 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 21, 2024
Closed on
Aug 25, 2024
Sold by
Opendoor Property J Llc
Bought by
Chohan Naseer and Chohan Riffat
Seller's Agent
ALEXIS ROGERS
OPENDOOR BROKERAGE INC.
Buyer's Agent
Victoria Camello
Mogul Real Estate
List Price
$263,000
Sold Price
$249,000
Premium/Discount to List
-$14,000
-5.32%
Total Days on Market
257
Views
116
Current Estimated Value
$256,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,144
Avg. Annual Appreciation
4.53%
Original Mortgage
$178,500
Outstanding Balance
$177,412
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$80,454

Purchase Details

Closed on
Jun 17, 2024
Sold by
Mawyer Jacob
Bought by
Opendoor Property J Llc

Purchase Details

Listed on
Feb 16, 2021
Closed on
May 21, 2021
Sold by
B & H Holdings Llc
Bought by
Mawyer Jacob
Seller's Agent
ANDY CLEAVES
REAL BROKER
Buyer's Agent
PAULA MALTBIE
GRAND AVENUE REALTY & LENDING
List Price
$180,000
Sold Price
$200,000
Premium/Discount to List
$20,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$162,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 14, 2017
Closed on
Oct 26, 2017
Sold by
Shukla Biren and Shukla Harina
Bought by
B & H Holdings Llc
Seller's Agent
Nary Kayachith
REALTY MASTERS & ASSOCIATES
Buyer's Agent
Nary Kayachith
REALTY MASTERS & ASSOCIATES
Sold Price
$950

Purchase Details

Listed on
Nov 18, 2016
Closed on
Aug 8, 2017
Sold by
Shah Kushagra and Shah Karishma
Bought by
Shukla Biren and Shukla Harina
Seller's Agent
Douglas DiGiore
Compass
Buyer's Agent
ANDY CLEAVES
REAL BROKER
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%

Purchase Details

Closed on
May 5, 2015
Sold by
Petersen Charles E and Romea Petersen Divinagracia H
Bought by
The Shah Living Trust

Purchase Details

Closed on
Jul 8, 2011
Sold by
California Housing Finance Agency #657Dg
Bought by
Petersen Family Living Trust

Purchase Details

Closed on
Jan 4, 2011
Sold by
Liu Darlene Y
Bought by
California Housing Finance Agency

Purchase Details

Closed on
Mar 15, 2007
Sold by
Pacifica Oak Park Llc
Bought by
Liu Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,600
Interest Rate
6.31%
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 Type Sale Price Title Company
Grant Deed $249,000 None Listed On Document
Grant Deed $246,000 Chicago Title
Grant Deed -- Orange Coast Title Company
Grant Deed -- None Available
Grant Deed $125,000 First American Title Company
Grant Deed $101,000 Fidelity National Title Co
Grant Deed $63,000 Lawyers Title
Trustee Deed $182,008 Landsafe Title
Grant Deed $180,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $178,500 New Conventional
Previous Owner $56,157 Credit Line Revolving
Previous Owner $162,000 New Conventional
Previous Owner $174,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2024 09/04/24 Sold $249,000 -5.3% $412 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
08/06/2024 08/06/24 For Sale $263,000 0.0% $435 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
07/17/2024 07/17/24 Price Changed $263,000 -1.9% $435 / Sq Ft
07/03/2024 07/03/24 Price Changed $268,000 -0.7% $444 / Sq Ft
06/21/2024 06/21/24 For Sale $270,000 +35.0% $447 / Sq Ft
06/03/2021 06/03/21 Sold $200,000 +11.1% $331 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $180,000 -10.0% $298 / Sq Ft
04/26/2021 04/26/21 Off Market $200,000 -- --
03/13/2021 03/13/21 For Sale $180,000 -10.0% $298 / Sq Ft
03/08/2021 03/08/21 Off Market $200,000 -- --
02/16/2021 02/16/21 For Sale $180,000 0.0% $298 / Sq Ft
03/15/2019 03/15/19 Rented $1,200 -4.0% --
02/07/2019 02/07/19 Price Changed $1,250 0.0% $2 / Sq Ft
02/07/2019 02/07/19 For Rent $1,250 +3.7% --
02/05/2019 02/05/19 Off Market $1,205 -- --
02/04/2019 02/04/19 For Rent $1,205 0.0% --
01/04/2019 01/04/19 Off Market $1,205 -- --
08/21/2017 08/21/17 For Rent $1,205 0.0% --
08/14/2017 08/14/17 Sold $125,000 0.0% $207 / Sq Ft
08/02/2017 08/02/17 Pending -- -- --
07/18/2017 07/18/17 For Sale $125,000 0.0% $207 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
06/05/2017 06/05/17 Off Market $125,000 -- --
03/10/2017 03/10/17 For Sale $125,000 0.0% $207 / Sq Ft
01/26/2017 01/26/17 Off Market $125,000 -- --
11/18/2016 11/18/16 For Sale $125,000 -- $207 / 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 $2,377 $208,080 $41,616 $166,464
2022 $2,323 $204,000 $40,800 $163,200
2021 $1,538 $131,397 $42,047 $89,350
2020 $1,527 $130,050 $41,616 $88,434
2019 $0 $127,500 $40,800 $86,700
2018 $1,470 $125,000 $40,000 $85,000
2017 $1,244 $104,590 $41,422 $63,168
2016 $1,167 $102,540 $40,610 $61,930
2015 $774 $65,838 $31,351 $34,487
2014 -- $64,550 $30,738 $33,812
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16750239

California Regional Multiple Listing Service (CRMLS)

APN: 250-055-078