NOT LISTED FOR SALE

15890 Dauchy Ave Riverside, CA 92508

Estimated Value: $567,000 - $796,000

2 Beds
2 Baths
1,640 Sq Ft
$422/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $550,000 $335 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,137/month

13 Days on Market

Highlights

  • Open Floorplan
  • Corner Lot
  • Neighborhood Views
  • John F. Kennedy Elementary School Rated A-
  • Granite Countertops
  • Bar

About This Home

As of July 2020

Spacious two bedroom, two bath units each with separate indoor laundry/utility rooms AND detached storage units. Tastefully updated in BOTH units. Newer roof, electrical (including panels) flooring, windows, cabinets, plumbing, drywall, insulation, AND air conditioning units. Open kitchen with spacious breakfast bar. Each bedroom with attached bathroom makes for a very unique double master suite floor plan for each unit. Prime location within one of Riverside's MOST popular zip codes. The Orangecrest community within 92508 has some of the most popular schools in the entire district. Newer shopping center and freeway access nearby. This area has over 9,000 single family residences and ONLY 40 duplexes. This type of income property with separate gas and electric meters rarely comes on the market. Shared water meter. Separate rear yards with newer covered patio, storage sheds, and block wall for privacy. Similar 2/2 units rent from $1,750 to $1,950 per month in this area.

Last Agent to Sell the Property

James Monks

Tower Agency License #01247818 Listed on: 06/11/2020

Tower Agency

Last Buyer's Agent

Julie Spisak

The Westwood Real Estate Group License #01829189

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 6,970 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Corner Lot

Home Design

  • Duplex
  • Turnkey
  • Interior Block Wall

Interior Spaces

  • 1,640 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bar
  • Recessed Lighting
  • Awning
  • Storage
  • Laundry Room
  • Neighborhood Views

Kitchen

  • Gas Range
  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Driveway

Outdoor Features

  • Shed
  • Outbuilding

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 24 / 8
  • Tax Tract Number 420
  • Assessor Parcel Number 280260001

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $65
  • Other Expense $900
  • Trash Expense $780
  • Water Sewer Expense $1,320
  • New Taxes Expense $5,500
  • Operating Expense $8,500
  • Gross Income $43,200
  • Net Operating Income $34,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1320.00
  • Zoning: W-2-M-1
  • Architectural Style: Ranch
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 280260001
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Bar, Block Walls, Granite Counters, Open Floorplan, Recessed Lighting, Storage
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 335.37
  • Room Type: Kitchen, Laundry

Exterior Features

  • Other Structures: Outbuilding, Shed(s), Storage
  • Exterior Features: Awning(s)
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Laundry: Yes
  • Appliances: Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Conventional Septic
  • Trash Expense: 780.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 820 Square Feet
  • Gross Income: 43200.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 65.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 34700.00
  • 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
  • Number With Range: 2
  • Operating Expense: 8500.00
  • Other Expense: 900.00
  • Other Expense Description: gardener
  • Rent Control: No
  • Total Expenses: 8500.00

Tax Info

  • New Taxes Expense: 5500.00
  • Tax Block: 8
  • Tax Census Tract: 420.05
  • Tax Lot: 24
  • Tax Tract Number: 420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Jun 24, 2020
Sold by
Rogers Larry C and Rogers Deanna M
Bought by
Garcia David Andrew
Seller's Agent
James Monks
Tower Agency
Buyer's Agent
Julie Spisak
The Westwood Real Estate Group
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$692,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,575
Avg. Annual Appreciation
4.27%
Original Mortgage
$540,038
Outstanding Balance
$478,702
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$213,873
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
Garcia David Andrew $550,000 Ticor Title Riverside
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia David Andrew $540,038
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2020 07/23/20 Sold $550,000 0.0% $335 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $550,000 0.0% $335 / Sq Ft
05/16/2016 05/16/16 Rented $1,425 0.0% --
05/02/2016 05/02/16 For Rent $1,425 +1.8% --
03/25/2015 03/25/15 Rented $1,400 -3.4% --
02/23/2015 02/23/15 Under Contract -- -- --
02/02/2015 02/02/15 For Rent $1,450 -- --
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 $6,403 $595,335 $108,242 $487,093
2023 $6,403 $572,220 $104,040 $468,180
2022 $6,230 $561,000 $102,000 $459,000
2021 $6,119 $550,000 $100,000 $450,000
2020 $1,475 $131,349 $34,753 $96,596
2019 $1,447 $128,774 $34,072 $94,702
2018 $1,418 $126,250 $33,406 $92,844
2017 $1,392 $123,775 $32,751 $91,024
2016 $1,302 $121,349 $32,109 $89,240
2015 $1,284 $119,528 $31,628 $87,900
2014 $1,272 $117,188 $31,009 $86,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV20112886

California Regional Multiple Listing Service (CRMLS)

APN: 280-260-001