NOT LISTED FOR SALE

1508 Gratton St Riverside, CA 92504

Arlington Heights Neighborhood

Estimated Value: $2,186,161 - $2,591,000

6 Beds
6.5 Baths
6,528 Sq Ft
$362/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $1,650,000 $253 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $13,987/month

17 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • 4.61 Acre Lot
  • Frank Augustus Miller Middle School Rated A-
  • City Lights View
  • Fireplace in Primary Bedroom

About This Home

As of December 2020

LUXURIOUS ESTATE WITH SPECTACULAR VIEW– Located in historic orange grove greenbelt near CA Citrus State Historic Park.
This remarkable Mediterranean style custom-built estate sits on an elevated 4.61 acre lot with amazing 300° views of the orange groves,
palm trees, inland valley, city lights and mountains beyond. Main residence is over 5,400 sqft of pure elegance encompassing a magnificent
formal dining room with fireplace and dramatic 24 ft high ceilings; spacious family room with custom built entertainment center cabinetry;
a chief’s dream kitchen with massive island, beautiful granite countertops and stainless steel appliances; billiard/game room with wet bar;
office/library (possibly a 5th bedroom); four large bedrooms all with en-suite baths; the master suite with sitting room is sophisticated and
includes a fireplace, dual walk-in closets, incredible master bath with jacuzzi tub and separate spacious shower. The detached casita house
provides an additional 1,200 sqft of living space with its own living/dining rooms; kitchen; full bathroom and two additional bedrooms.
Attached to the main house and guest house provides a total of 6 car-interior parking. The rear-covered courtyard expands to the outdoor
entertainment area including a beautiful pool and spa, covered outdoor cabana/bar area bolstered by panoramic views; perfect for hosting
family gatherings and large parties. This securely gated estate has ample room for orchards, horse facilities and much more!

Last Agent to Sell the Property

Sam Ali

ASH REALTY License #01225312 Listed on: 10/26/2020

Last Buyer's Agent

Sam Ali

ASH REALTY License #01225312 Listed on: 10/26/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 4.61 Acre Lot
  • Garden
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Attached Garage

Property Views

  • City Lights
  • Mountain
  • Valley

Interior Spaces

  • 6,528 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Library
  • Game Room
  • Walk-In Pantry
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Additional Features

  • In Ground Pool
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 10
  • Assessor Parcel Number 238240010

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Parking

6

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 238240010
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6528.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 7
  • Main Level Bedrooms: 6
  • Price Per Square Foot: 252.76
  • Room Type: All Bedrooms Down, Entry, Family Room, Formal Entry, Game Room, Kitchen, Laundry, Library, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Suite, Office, Walk-In Closet, Walk-In Pantry

Exterior Features

  • View: City Lights, Mountain(s), Valley
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Garden, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 200812.00
  • Lot Size Acres: 4.6100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 200812.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 317.01
  • Tax Lot: 3
  • Tax Tract Number: 010

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2020
Closed on
Dec 24, 2020
Sold by
Najem Adnan
Bought by
Dawoud Dalia Zaky
Seller's Agent
Sam Ali
ASH REALTY
Buyer's Agent
Sam Ali
ASH REALTY
List Price
$1,775,000
Sold Price
$1,650,000
Premium/Discount to List
-$125,000
-7.04%
Current Estimated Value
$2,362,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$712,540
Avg. Annual Appreciation
7.43%
Original Mortgage
$1,320,000
Outstanding Balance
$1,174,612
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,187,928

Purchase Details

Listed on
Oct 26, 2020
Closed on
Nov 19, 2020
Sold by
Hussain Abid
Bought by
Dawoud Dalia Zaky
Seller's Agent
Sam Ali
ASH REALTY
Buyer's Agent
Sam Ali
ASH REALTY
List Price
$1,775,000
Sold Price
$1,650,000
Premium/Discount to List
-$125,000
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,320,000
Outstanding Balance
$1,174,612
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,187,928

Purchase Details

Listed on
Jun 12, 2020
Closed on
Aug 26, 2020
Sold by
Kauser Nasreen
Bought by
Hussain Abid
Seller's Agent
Jason Barth
Cal-Prime Realty
Buyer's Agent
Sam Ali
ASH REALTY
List Price
$1,888,888
Sold Price
$1,650,000
Premium/Discount to List
-$238,888
-12.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$1,000,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2020
Closed on
Aug 4, 2020
Sold by
Barth Edward P and Barth Rita M
Bought by
Hussain Abid
Seller's Agent
Jason Barth
Cal-Prime Realty
Buyer's Agent
Sam Ali
ASH REALTY
List Price
$1,888,888
Sold Price
$1,650,000
Premium/Discount to List
-$238,888
-12.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2019
Sold by
Barth Edward P and Barth Rita M
Bought by
Barth Edward P and Barth Rita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2010
Sold by
Barth Edward P and Barth Rita M
Bought by
Barth Edward P and Barth Rita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2009
Sold by
Barth Edward P and Barth Rita M
Bought by
Barth Edward P and Barth Rita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2004
Sold by
Barth Edward and Barth Rita
Bought by
Barth Edward P and Barth Rita M

Purchase Details

Closed on
Apr 4, 2002
Sold by
Cook William L and Cook Kathryn
Bought by
Barth Edward and Barth Rita
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dawoud Dalia Zaky -- Orange Coast Ttl Co Of Socal
Dawoud Dalia Zaky $1,650,000 Orange Coast Ttl Co Of South
Hussain Abid -- Orange Coast Title Co
Hussain Abid $165,000 Orange Coast Title Co
Barth Edward P -- First American Title Ins Co
Barth Edward P -- First American Title Ins Co
Barth Edward P -- First American Title Company
Barth Edward P -- First American Title Company
Barth Edward P -- Stewart Title Of California
Barth Edward P -- Stewart Title Of California
Barth Edward P -- --
Barth Edward $200,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dawoud Dalia Zaky $1,320,000
Previous Owner Hussain Abid $1,000,000
Previous Owner Hussain Abid $1,000,000
Previous Owner Barth Edward P $343,500
Previous Owner Barth Edward P $415,000
Previous Owner Barth Edward P $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2020 12/28/20 Sold $1,650,000 -7.0% $253 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $1,775,000 +7.6% $272 / Sq Ft
08/24/2020 08/24/20 Sold $1,650,000 -7.0% $253 / Sq Ft View Prior Sale
06/24/2020 06/24/20 Pending -- -- --
06/22/2020 06/22/20 Price Changed $1,775,000 -6.0% $272 / Sq Ft
06/12/2020 06/12/20 For Sale $1,888,888 -- $289 / 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 $19,302 $1,786,012 $162,364 $1,623,648
2023 $19,302 $1,716,660 $156,060 $1,560,600
2022 $18,863 $1,683,000 $153,000 $1,530,000
2021 $18,562 $1,650,000 $150,000 $1,500,000
2020 $16,525 $1,470,507 $270,150 $1,200,357
2019 $16,211 $1,441,674 $264,853 $1,176,821
2018 $15,892 $1,413,407 $259,661 $1,153,746
2017 $15,607 $1,385,694 $254,570 $1,131,124
2016 $14,595 $1,358,525 $249,579 $1,108,946
2015 $14,390 $1,338,121 $245,831 $1,092,290
2014 $14,257 $1,311,911 $241,016 $1,070,895
Source: Public Records

Agents Affiliated with this Home

  • Sam Ali

    Seller's Agent in 2020

    Sam Ali

    ASH REALTY

    (949) 354-4430

    63 Total Sales

    Sam Ali
    Section Image
  • Jason Barth

    Seller's Agent in 2020

    Jason Barth

    Cal-Prime Realty

    (951) 897-0973

    13 Total Sales

    Jason Barth
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20226228

California Regional Multiple Listing Service (CRMLS)

APN: 238-240-010

California Riverside County Riverside 92504 Arlington Heights

1508 Gratton St, Riverside, CA

Not Listed for Sale

Detached

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