NOT LISTED FOR SALE

140 Michigan Ave Riverside, CA 92507

Highgrove Neighborhood

Estimated Value: $392,000 - $1,199,875

4 Beds
2 Baths
2,000 Sq Ft
$351/Sq Ft Est. Value

Last Sold June 25, 2012

Last sale price $200,000 $100 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $3,866/month

29 Days on Market

Highlights

  • Horse Property
  • Mountain View
  • Attic
  • 0.48 Acre Lot
  • Wood Flooring
  • No HOA

About This Home

As of June 2012

HORSE PROPERTY WHAT A GREAT DEAL TWO HOMES ON A LOT, PERFECTLY LOCATED, CLOSE TO SCHOOLS, SHOPPING AND TRANSPORTATION. FRONT UNIT OFFERS 3BED / 2BA. HUGE ATTIC THAT COULD BE USED AS A BEDROOM OR BONUS ROOM, LAMINATED AND WOOD FLOORS, NICE KITCHEN WITH LAMINATED COUNTER TOPS, ALUMINUM BACK SPLASH, MOLDING IN LIVING ROOM, OLD CAST BATH TUB. BACK UNIT HAS 2BED / 1BA. GOOD SIZE BEDROOMS, LAMINATED WOOD FLOORS, BEAUTIFUL KITCHEN WITH SOLID STONE COUNTER, LAUNDRY ROOM. TOTAL SQUARE FOOTAGE IS 2000 SF (1,140 SF FRONT UNIT PLUS 860 SF BACK UNIT). TRAILER BETWEEN UNITS IS NOT INCLUDED IN PRICE, BUT IT IS NEGOTIABLE.

Last Agent to Sell the Property

Marino Morales

BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS License #01081881 Listed on: 01/23/2012

BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS

Last Buyer's Agent

Patricia Pescina

Embassy Realty License #01122750

Embassy Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 0.48

Interior Spaces

  • 2,000 Sq Ft Home
  • Crown Molding
  • Bonus Room with Fireplace
  • Mountain Views
  • Laundry Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Wall Furnace
  • Conventional Septic

Additional Features

  • Horse Property
  • 0.48 Acre Lot

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 12
  • Assessor Parcel Number 255080013

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0.48 Acres

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 255080013
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2000.00
  • Interior Amenities: Crown Molding
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area
  • Fireplace Features: Bonus Room
  • Levels: One
  • Price Per Square Foot: 100.00
  • Room Type: Attic

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Range
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Conventional Septic

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Horse Property
  • Lot Size Sq Ft: 20909.00
  • Lot Size Acres: 0.4800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20909.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2012
Closed on
Jul 3, 2012
Sold by
Melchor Bonifacio and Melchor Guadalupe
Bought by
Melchor Bonifacio and Melchor Guadalupe
Seller's Agent
Marino Morales
BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS
Buyer's Agent
Patricia Pescina
Embassy Realty
List Price
$204,900
Sold Price
$200,000
Premium/Discount to List
-$4,900
-2.39%
Current Estimated Value
$702,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,969
Avg. Annual Appreciation
9.65%

Purchase Details

Closed on
Feb 23, 2012
Sold by
Franklin Gary A and Franklin Dawn E
Bought by
Melchor Bonifacio and Melchor Gaudalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 1999
Sold by
Skibby Josephine K
Bought by
Franklin Gary A and Franklin Dawn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,838
Interest Rate
8.26%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Melchor Bonifacio -- None Available
Melchor Bonifacio $400,000 Lawyers Title
Franklin Gary A $130,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melchor Bonifacio $130,000
Previous Owner Franklin Gary A $128,838
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2012 06/25/12 Sold $200,000 -2.4% $100 / Sq Ft
02/21/2012 02/21/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $204,900 -- $102 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,070 $272,748 $87,916 $184,832
2023 $3,070 $262,158 $84,503 $177,655
2022 $2,990 $257,019 $82,847 $174,172
2021 $2,938 $251,980 $81,223 $170,757
2020 $2,697 $229,694 $80,391 $149,303
2019 $2,648 $225,191 $78,815 $146,376
2018 $2,598 $220,776 $77,271 $143,505
2017 $2,553 $216,448 $75,756 $140,692
2016 $2,395 $212,205 $74,271 $137,934
2015 $2,364 $209,019 $73,156 $135,863
2014 $2,343 $204,926 $71,724 $133,202
Source: Public Records

Agents Affiliated with this Home

  • Marino Morales

    Seller's Agent in 2012

    Marino Morales

    BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS

    (951) 522-0996

    40 Total Sales

    Marino Morales
    Section Image

  • P

    Buyer's Agent in 2012

    Patricia Pescina

    Embassy Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I12009982

California Regional Multiple Listing Service (CRMLS)

APN: 255-080-013

California Riverside County Riverside 92507 Highgrove

140 Michigan Ave, Riverside, CA

Not Listed for Sale

Detached

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