NOT LISTED FOR SALE

Estimated Value: $523,000 - $618,084

3 Beds
2 Baths
1,352 Sq Ft
$427/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $580,000 $429 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,588/month

59 Days on Market

Highlights

  • No HOA
  • No Heating
  • 1-Story Property
  • Laundry Room

About This Home

As of December 2023

Take advantage of this opportunity to own this Riverside DUPLEX IN NEED OF SOME TLC. LEASE OUT BOTH HOMES or LIVE IN ONE AND RENT THE OTHER. The Large 11,000+ lot is perfect for a growing family who wants to remain close or an investor looking for a low-cost entry for their portfolio. LOTS OF POTENTIAL FOR EXPANSION. COMMUTER FRIENDLY near 215 and 60 and 10 Freeways. a hop and a skip to Downtown Riverside, centrally located to all Inland Empire communities and minutes to the Orange County outskirts. Possibilities are endless!! Bring your buyer!!!

Last Agent to Sell the Property

Willie Soto

THE REAL ESTATE STORE, INC. License #01375847 Listed on: 07/09/2023

Last Buyer's Agent

DANA TURNER

REDFIN License #01800783

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,491

Year Built

  • Built in 1948

Lot Details

  • 0.26 Acre Lot
  • No Common Walls

Home Design

  • Duplex
  • Entry on the 1st floor
  • Fixer Upper

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Exterior Lighting

Utilities

  • No Heating
  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 5 / 57
  • Tax Tract Number 423
  • Assessor Parcel Number 247082005
  • $143 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,300
  • Trash Expense $600
  • Water Sewer Expense $900
  • Operating Expense $2,800
  • Gross Income $40,800
  • Net Operating Income $38,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,491

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Other Phone Description: 5622964555
  • Price Per Unit: 349000
  • Property Attached: No
  • Water Sewer Expenses: 900.00
  • Zoning: R-1
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 247082005
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 428.99

Exterior Features

  • Pool Private: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Septic Type Unknown
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11326.00
  • Lot Size Acres: 0.2600

Multi Family

  • Gross Income: 40800.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 11326.0000 Square Feet
  • Net Operating Income: 38000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 2800.00
  • Rent Control: No
  • Total Actual Rent: 1084.00
  • Total Expenses: 2800.00

Tax Info

  • Tax Block: 57
  • Tax Census Tract: 423.00
  • Tax Lot: 5
  • Tax Tract Number: 423
  • TaxOtherAnnualAssessmentAmount: 143.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2023
Closed on
Nov 22, 2023
Sold by
Sam Hc Llc
Bought by
Thompson Daniel
Seller's Agent
Willie Soto
THE REAL ESTATE STORE, INC.
Buyer's Agent
DANA TURNER
REDFIN
List Price
$698,000
Sold Price
$580,000
Premium/Discount to List
-$118,000
-16.91%
Views
650
Current Estimated Value
$577,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,979
Avg. Annual Appreciation
-0.28%
Original Mortgage
$435,000
Outstanding Balance
$428,315
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$148,706

Purchase Details

Closed on
May 13, 2020
Sold by
Moinee Mike
Bought by
Moinee Mike and Moinee Sholeh

Purchase Details

Closed on
Apr 3, 2020
Sold by
Moinee Mike and Moinee Sholeh
Bought by
Sam Hc Llc

Purchase Details

Listed on
Jan 14, 2011
Closed on
Jan 12, 2012
Sold by
Emamimoinee Sholeh Lily
Bought by
Moinee Mike
Seller's Agent
CARLOS SIBRIAN
CENTURY 21 EXPERIENCE
Buyer's Agent
CARLOS SIBRIAN
CENTURY 21 EXPERIENCE
List Price
$118,000
Sold Price
$101,000
Premium/Discount to List
-$17,000
-14.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.58%

Purchase Details

Listed on
Jan 14, 2011
Closed on
Dec 2, 2011
Sold by
Covarrubias Fernando and Covarrubias Jaime
Bought by
Najafi Fatemeh and Moinee Mike
Seller's Agent
CARLOS SIBRIAN
CENTURY 21 EXPERIENCE
Buyer's Agent
CARLOS SIBRIAN
CENTURY 21 EXPERIENCE
List Price
$118,000
Sold Price
$101,000
Premium/Discount to List
-$17,000
-14.41%

Purchase Details

Closed on
Mar 3, 2007
Sold by
Talamantes Beatriz and Covarrubias Fernando
Bought by
Covarrubias Fernando and Covarrubias Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 2, 2007
Sold by
Sanguino Rodrigo E and Sanguino Maria Santos
Bought by
Talamantes Beatriz and Covarrubias Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 11, 1997
Sold by
Susan Oberschmidt Helen E and Haverty April
Bought by
Cobb Raymond S

Purchase Details

Closed on
Jul 17, 1995
Sold by
Meinke Victor E and Meinke Bettie V
Bought by
Sanguino Rodrigo E and Sanguino Maria Santos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 26, 1994
Sold by
Oberschmidt Helen E
Bought by
Oberschmidt Helen E and Haverty April Susan
Source: Public Records

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
Thompson Daniel $290,000 Wfg National Title
Moinee Mike -- None Available
Sam Hc Llc -- None Available
Moinee Mike -- Orange Coast Title Company
Najafi Fatemeh $101,000 Orange Coast Title Company
Covarrubias Fernando -- Accommodation
Talamantes Beatriz $380,000 Orange Coast Title Company
Cobb Raymond S -- Chicago Title Co
Sanguino Rodrigo E $75,000 First American Title Ins Co
Oberschmidt Helen E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Daniel $435,000
Previous Owner Talamantes Beatriz $304,000
Previous Owner Lopez Leticia $221,000
Previous Owner Sanguino Rodrigo E $50,000
Previous Owner Cruz Salvador $158,000
Previous Owner Sanguino Rodrigo E $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $580,000 -16.9% $429 / Sq Ft
11/16/2023 11/16/23 Price Changed $698,000 0.0% $516 / Sq Ft
11/16/2023 11/16/23 For Sale $698,000 +16.7% $516 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
08/31/2023 08/31/23 Pending -- -- --
07/09/2023 07/09/23 For Sale $598,000 0.0% $442 / Sq Ft
08/30/2019 08/30/19 Rented $1,450 +3.6% --
08/24/2019 08/24/19 Under Contract -- -- --
08/08/2019 08/08/19 For Rent $1,400 0.0% --
01/17/2012 01/17/12 Sold $101,000 -14.4% $75 / Sq Ft
12/23/2011 12/23/11 Pending -- -- --
08/26/2011 08/26/11 Price Changed $118,000 0.0% $87 / Sq Ft
08/26/2011 08/26/11 For Sale $118,000 -5.6% $87 / Sq Ft
07/26/2011 07/26/11 Pending -- -- --
07/02/2011 07/02/11 Price Changed $125,000 -7.4% $92 / Sq Ft
06/21/2011 06/21/11 For Sale $135,000 0.0% $100 / Sq Ft
06/16/2011 06/16/11 Price Changed $135,000 -13.5% $100 / Sq Ft
06/16/2011 06/16/11 For Sale $156,000 +54.5% $115 / Sq Ft
04/08/2011 04/08/11 Off Market $101,000 -- --
03/01/2011 03/01/11 Pending -- -- --
01/14/2011 01/14/11 For Sale $156,000 -- $115 / 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 $6,491 $591,599 $177,481 $414,118
2023 $6,491 $121,922 $36,212 $85,710
2022 $1,467 $119,532 $35,502 $84,030
2021 $1,442 $117,189 $34,806 $82,383
2020 $1,432 $115,989 $34,450 $81,539
2019 $1,407 $113,716 $33,775 $79,941
2018 $1,381 $111,487 $33,114 $78,373
2017 $1,359 $109,302 $32,465 $76,837
2016 $1,279 $107,160 $31,829 $75,331
2015 $1,263 $105,551 $31,351 $74,200
2014 $1,253 $103,486 $30,738 $72,748
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB23120872

California Regional Multiple Listing Service (CRMLS)

APN: 247-082-005