NOT LISTED FOR SALE

16365 Pick Place Riverside, CA 92504

Canyon Ridge Neighborhood

Estimated Value: $847,000 - $2,681,000

2 Beds
2 Baths
1,998 Sq Ft
$772/Sq Ft Est. Value

Last Sold February 01, 2023

Last sale price $1,267,000 $634 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $9,167/month

62 Days on Market

Highlights

  • Detached Guest House
  • Barn
  • Spa
  • Frank Augustus Miller Middle School Rated A-
  • Stables
  • Panoramic View

About This Home

As of February 2023

HUGE PRICE REDUCTION! 2 HOMES Located in an upscale area of Woodcrest. This rare, fully equipped, horse property known as Esperanza Arabian Horse Ranch is on the market for the first time. Lushly landscaped, this 6.44-acre property is loaded with extras including a 1,998 square foot one-story, 2 bedroom, 2 bath originally built as a custom home with vaulted ceilings and 360-degree forever views from the top of the property. A wonderful gazebo with a glass roof to view spectacular sunsets and star gaze sits nearby. The Main House is also equipped with Energy Saving Solar Panels. There is a beautiful and fully equipped 1,296 square foot, 2 bedroom, 2 bath guest house located near the entrance of the property. The property is double security gated and completely fenced. The horse facilities at the property include a Large custom-built 32-stall horse stable (14 have in and outs), tack room & wash-rack, foaling barn, 7 paddocks, 2 round pens for training, maintenance barn, office with powder room, work buildings, and separate storage buildings. One of the storage buildings also has Energy Saving Solar Panels. There is also plenty of opportunities for extra Single Family development. The property is a developer's dream. Property can be parceled into 1-acre lots for future Single Family Home development. Pick Place is located near the California Citrus State Historic Park and Arlington Sports Park and has easy access to multiple freeways from Van Buren. Property to be purchased in As-Is Condition.

Last Agent to Sell the Property

Cynthia Burts

Burts & Associates License #01134271 Listed on: 10/03/2022

Last Buyer's Agent

Cynthia Burts

Burts & Associates License #01134271 Listed on: 10/03/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 6.44 Acre Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Chain Link Fence
  • Electric Fence
  • Landscaped
  • Property is zoned R-A-5

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Side Facing Garage
  • Two Garage Doors
  • Auto Driveway Gate

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Custom Home
  • Slab Foundation
  • Fire Rated Drywall
  • Spanish Tile Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 1,998 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Double Door Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Sunken Living Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Oven
  • Built-In Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Spa
  • Enclosed Patio or Porch
  • Gazebo
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Horse Facilities and Amenities

  • Horse Property Improved
  • Corral
  • Stables

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts For Spa
  • Natural Gas Connected
  • Electric Water Heater
  • Septic Type Unknown

Additional Features

  • Detached Guest House
  • Barn

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 9412
  • Assessor Parcel Number 273410005
  • $65 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Foothills

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Unpaved
  • Security: Automatic Gate, Card/Code Access
  • View: Yes
  • Zoning: R-A-5
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 273410005
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1998.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Open Floorplan, Sunken Living Room, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Concrete
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Counter / Bar, Family Kitchen
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 634.13
  • Room Type: All Bedrooms Down, Main Floor Master Bedroom, Walk-In Closet
  • Spa Features: Private
  • Bathroom Features: Double Sinks In Master Bath, Jetted Tub, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Barn(s), Gazebo, Guest House Detached, Outbuilding, Shed(s), Storage, Workshop
  • Exterior Features: Corral, Stable
  • View: City Lights, Mountain(s), Panoramic
  • Fence: Yes
  • Fencing: Block, Chain Link, Electric, Wrought Iron
  • Patio And Porch Features: Concrete, Covered, Enclosed, Slab
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Direct Garage Access, Garage Faces Side, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Vented Exhaust Fan
  • Electric: 220 Volts For Spa, 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Horse Property Improved, Landscaped, Lot Over 40000 Sqft, Ranch, Rocks
  • Lot Size Sq Ft: 280526.00
  • Lot Size Acres: 6.4400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 280526.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 420.04
  • Tax Lot: 5
  • Tax Tract Number: 9412
  • TaxOtherAnnualAssessmentAmount: 65.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2022
Closed on
Jan 10, 2023
Sold by
Rasulova Natalya
Bought by
Panov Vitali
Seller's Agent
Cynthia Burts
Burts & Associates
Buyer's Agent
Cynthia Burts
Burts & Associates
List Price
$1,475,000
Sold Price
$1,267,000
Premium/Discount to List
-$208,000
-14.1%
Views
10
Current Estimated Value
$1,541,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,862
Avg. Annual Appreciation
6.86%
Original Mortgage
$726,000
Outstanding Balance
$702,337
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$839,525

Purchase Details

Listed on
Oct 3, 2022
Closed on
Dec 6, 2022
Sold by
Walter W Lane Trust and Lane Walter W
Bought by
Panova Angelika and Panov Vitali
Seller's Agent
Cynthia Burts
Burts & Associates
Buyer's Agent
Cynthia Burts
Burts & Associates
List Price
$1,475,000
Sold Price
$1,267,000
Premium/Discount to List
-$208,000
-14.1%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,000
Outstanding Balance
$702,337
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$839,525

Purchase Details

Closed on
Jul 10, 2012
Sold by
Lane Walter W
Bought by
Lane Walter W

Purchase Details

Closed on
Jun 16, 1994
Sold by
Lane Walter W and Lane Hope D
Bought by
Lane Walter W and Lane Hope D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Panov Vitali -- Pacific Coast Title
Panova Angelika $633,500 Pacific Coast Title
Lane Walter W -- None Available
Lane Walter W -- Orange Coast Title Co
Lane Walter W -- Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panov Vitali $726,000
Previous Owner Panova Angelika $726,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2023 02/01/23 Sold $1,267,000 -14.1% $634 / Sq Ft
01/19/2023 01/19/23 For Sale $1,475,000 0.0% $738 / Sq Ft
12/04/2022 12/04/22 Pending -- -- --
11/02/2022 11/02/22 Price Changed $1,475,000 -1.6% $738 / Sq Ft
10/22/2022 10/22/22 Price Changed $1,499,000 -14.3% $750 / Sq Ft
10/03/2022 10/03/22 For Sale $1,750,000 -- $876 / 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 $14,210 $1,318,186 $439,048 $879,138
2023 $14,210 $292,244 $63,004 $229,240
2022 $3,164 $286,515 $61,769 $224,746
2021 $3,106 $27,919 $0 $27,919
2020 $3,081 $278,019 $59,938 $218,081
2019 $3,022 $272,568 $58,763 $213,805
2018 $2,961 $267,224 $57,611 $209,613
2017 $2,907 $261,985 $56,482 $205,503
2016 $2,718 $256,849 $55,375 $201,474
2015 $2,681 $252,994 $54,545 $198,449
2014 $2,655 $248,040 $53,478 $194,562
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Burts

    Seller's Agent in 2023

    Cynthia Burts

    Burts & Associates

    (310) 308-8003

    2 in this area

    12 Total Sales

    Cynthia Burts
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22214346

California Regional Multiple Listing Service (CRMLS)

APN: 273-410-005

California Riverside County Riverside 92504 Canyon Ridge

16365 Pick Place, Riverside, CA

Not Listed for Sale

Detached

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