NOT LISTED FOR SALE

Estimated Value: $1,193,000 - $1,402,090

5 Beds
4.5 Baths
4,262 Sq Ft
$302/Sq Ft Est. Value

Last Sold October 06, 2021

Last sale price $1,000,000 $235 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,714/month

37 Days on Market

Highlights

  • Primary Bedroom Suite
  • Panoramic View
  • Maid or Guest Quarters
  • Frank Augustus Miller Middle School Rated A-
  • 1.24 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of October 2021

Just listed! A beautiful and huge Spanish Style home built on 2001, of about 4262 sq.ft, that sits on a Manicured Park Like Setting totaling 54,014 sq.ft. lot. This property has 5 bedrooms and 5 bathrooms, located at 16041 Heritage Grove Rd, Riverside, CA 92504.Spacious living room and dining room. The kitchen features built-in stainless-steel appliances with built-in Kitchen Aid refrigerator, Double oven w/ Microwave - 6 Burner Stove - Walk in Pantry - Butlers Pantry - Truly a Chef's Dream!!!Large bedrooms include 2 Mini Suites with private full baths. One upstairs & One downstairs. Double staircases - One Circular Staircase & one staircase from the family room area. Extra-large laundry room with access to both garages !!! Serene Yard with different stages of sitting areas with patios & porticos. Ultra-Private Lot surrounded by Orchards, Woods & Creek. Private Cul - De Sac. 360 Virtual Tour Link: https://www.hysellhomes.com/virtual-house-tours/Riverside-16041-Heritage-Grove-Rd/ and Property Video: https://www.youtube.com/watch?v=80669GyUpBk

Last Agent to Sell the Property

Sandra Williams

Real Broker License #02080482 Listed on: 06/23/2021

Real Broker

Last Buyer's Agent

Sandra Williams

Real Broker License #02080482 Listed on: 06/23/2021

Real Broker

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 1.24 Acre Lot
  • Cross Fenced
  • Chain Link Fence
  • Sprinkler System
  • Property is zoned R-A-30000

Parking

  • 4 Car Attached Garage

Property Views

  • Panoramic
  • City Lights
  • Orchard Views
  • Creek or Stream

Home Design

  • Spanish Architecture
  • Tile Roof

Interior Spaces

  • 4,262 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Den
  • Game Room with Fireplace
  • Bonus Room
  • Carbon Monoxide Detectors
  • Laundry in unit

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Gas and Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • Bathtub with Shower

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 271-040-067

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Entry Location: Living Room
  • Living Area: 4262
  • Lot Acreage: 1.2400
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 2001
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Family Room, Game Room, Master Bedroom
  • Flooring: Carpet, Stone
  • Appliances: Built-In Gas, Double Oven, Gas/Electric Range, Microwave
  • Bedrooms: 5
  • Fireplaces: 3
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Master Bedroom, Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 1
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 5.00
  • Equipment: Dishwasher, Microwave, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 278.74

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Fence: Chain Link, Cross Fenced
  • Patio: Patio Open
  • Pool: No
  • Roof: Tile
  • Spa Yn: No
  • View: City Lights, Creek/Stream, Orchard/Grove, Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Covered Parking, Attached
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s)
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 271-040-067
  • Lot Size Area: 54014

Rental Info

  • Furnished: Furnished Or Unfurnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Oct 2, 2021
Sold by
Jaramillo Maria De Jesus Palacios
Bought by
Ruelas Yesenia
Seller's Agent
Sandra Williams
Real Broker
Buyer's Agent
Sandra Williams
Real Broker
List Price
$1,188,000
Sold Price
$1,000,000
Premium/Discount to List
-$188,000
-15.82%
Current Estimated Value
$1,285,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,023
Avg. Annual Appreciation
6.08%
Original Mortgage
$650,000
Outstanding Balance
$592,739
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$692,284

Purchase Details

Listed on
Oct 3, 2017
Closed on
Nov 14, 2017
Sold by
Jhawar Satwant and Jhawar Balbir K
Bought by
Jaramillo Maria De Jesus Palacios
Seller's Agent
Marni Jimenez
Grove Realty
Buyer's Agent
MARCO PEREZ
BERKSHIRE HATH HM SVCS CA PROP
List Price
$830,000
Sold Price
$830,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$498,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2014
Sold by
Jhawar Satwant and Sidhu Suneet
Bought by
Jhawar Satwant and Jhawar Balbir K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,636
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2010
Sold by
Sidhu Suneet
Bought by
Jhawar Satwant

Purchase Details

Closed on
Oct 8, 2010
Sold by
Jhawar Balbir K and Jhawar Devinder S
Bought by
Jhawar Satwant

Purchase Details

Closed on
Nov 25, 2002
Sold by
Jhawar Devinder S and Jhawar Balbir K
Bought by
Jhawar Devinder S and Jhawar Balbir K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2002
Sold by
Jhawar Satwant S
Bought by
Jhawar Devinder S and Jhawar Balbir K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2001
Sold by
Heritage Grove Estates Llc
Bought by
Jhawar Devinder S and Jhawar Balbir K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
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
Ruelas Yesenia $1,000,000 Provident Title Company
Jaramillo Maria De Jesus Palacios $830,000 First American Title Company
Jhawar Satwant -- Orange Coast Title Company
Jhawar Satwant -- None Available
Jhawar Satwant -- None Available
Jhawar Devinder S -- American Title Co
Jhawar Devinder S -- American Title Co
Jhawar Devinder S $533,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruelas Yesenia $650,000
Previous Owner Jaramillo Maria De Jesus Palacios $498,000
Previous Owner Jhawar Satwant $114,636
Previous Owner Jhawar Devinder S $292,000
Previous Owner Jhawar Devinder S $300,000
Previous Owner Jhawar Devinder S $399,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2021 10/06/21 Sold $1,000,000 -15.8% $235 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $1,188,000 +43.1% $279 / Sq Ft
01/10/2018 01/10/18 Sold $830,000 0.0% $195 / Sq Ft View Prior Sale
11/08/2017 11/08/17 Pending -- -- --
10/03/2017 10/03/17 For Sale $830,000 -- $195 / Sq Ft
Source: The MLS

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 $12,016 $1,118,531 $106,120 $1,012,411
2023 $12,016 $1,020,000 $102,000 $918,000
2022 $11,094 $1,000,000 $100,000 $900,000
2021 $10,310 $872,477 $210,235 $662,242
2020 $9,624 $863,532 $208,080 $655,452
2019 $9,440 $846,600 $204,000 $642,600
2018 $7,714 $692,007 $129,827 $562,180
2017 $7,574 $678,439 $127,282 $551,157
2016 $7,077 $665,137 $124,787 $540,350
2015 $6,981 $655,148 $122,913 $532,235
2014 $6,840 $642,316 $120,506 $521,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-752670

The MLS

APN: 271-040-067