NOT LISTED FOR SALE

16387 King Ave Riverside, CA 92504

Estimated Value: $701,000 - $790,000

4 Beds
2.5 Baths
1,974 Sq Ft
$387/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $410,000 $208 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,568/month

60 Days on Market

Highlights

  • Above Ground Pool
  • Primary Bedroom Suite
  • Home Office
  • Frank Augustus Miller Middle School Rated A-
  • No HOA
  • 3 Car Attached Garage

About This Home

As of August 2018

A PERFECT investor or rennovation opportunity! A 4 Bedroom 2 1/2 Bath single story with 1,974 square feet of living space and situated on a 27,442 square foot of all usable land and zoned for horses! Equestrian trails nearby! The floor plan is open with endless potential. Three sliding glass doors in separate areas of the home. A formal living room with fireplace, a formal dining area, a family room and kitchen with eat in counter. There is a nice size storage/pantry area adjacent to laundry room and half bathroom. The master bedroom suite includes separate sitting area perfect for a work out area or tv room and Master bath with custom sunk in tile shower/tub combo Ceramic 12x12 tile floors in the front entry, hallway and kitchen areas. Laminate wood floors in dining and hallway and carpet in the bedrooms. The outdoor patio has been converted into spacious 17x20 bonus room with own sliding glass door entry with private entrance to bathroom 2. The 3 car garage has also been converted into a huge home office with AC/Heating and ample room for storage. The water heater is new! There are several new construction and estate homes nearby making this home the perfect investment opportunity!

Last Agent to Sell the Property

Gerri Wulff

Geraldine Wulff License #01202569 Listed on: 06/07/2018

Last Buyer's Agent

Mitchell Schlau

1st Nationwide Real Estate License #01211546

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,922

Year Built

  • Built in 1974

Lot Details

  • 0.63 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R-A

Parking

  • 3 Car Attached Garage
  • Parking Available

Interior Spaces

  • 1,974 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Separate Family Room
  • Living Room with Fireplace
  • Home Office

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Converted Bedroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • Above Ground Pool
  • Vinyl Pool

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 42004
  • Assessor Parcel Number 273110012

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,922

Year Built

Built in 1974

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: R-A
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 273110012
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1974.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 207.70
  • Room Type: Converted Bedroom, Entry, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Suite, Office, Separate Family Room

Exterior Features

  • Pool Features: Private, Above Ground, Vinyl
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, 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: Curbs, Sidewalks

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 27443.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 420.04
  • Tax Lot: 4
  • Tax Tract Number: 042004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Group Xiii Properties Lp
Bought by
Group Xiv Properties Lp
Current Estimated Value
$763,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,640,000
Outstanding Balance
$4,240,418
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$3,458,242

Purchase Details

Listed on
Jun 7, 2018
Closed on
Aug 21, 2018
Sold by
Bernston Michael A and Bernston Mary C
Bought by
Group Xiii Properties Lp
Seller's Agent
Gerri Wulff
Geraldine Wulff
Buyer's Agent
Mitchell Schlau
1st Nationwide Real Estate
List Price
$505,000
Sold Price
$410,000
Premium/Discount to List
-$95,000
-18.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%

Purchase Details

Closed on
Jul 29, 2008
Sold by
Bernston Michael A
Bought by
Bernston Michael A and Bernston Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 1996
Sold by
Va
Bought by
Bernston Michael A
Source: Public Records

Range of Values:

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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
Group Xiv Properties Lp -- Orange Coast Title Company
Group Xiii Properties Lp $410,000 Wfg National Title Company
Bernston Michael A -- Chicago Title Company
Bernston Michael A -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Group Xiv Properties Lp $4,640,000
Previous Owner Bernston Michael A $145,000
Previous Owner Bernston Michael A $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $410,000 -18.8% $208 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $505,000 -- $256 / 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 $4,922 $457,357 $167,325 $290,032
2023 $4,922 $439,600 $160,829 $278,771
2022 $4,790 $430,981 $157,676 $273,305
2021 $4,704 $422,532 $154,585 $267,947
2020 $4,667 $418,200 $153,000 $265,200
2019 $4,578 $410,000 $150,000 $260,000
2018 $1,154 $109,528 $16,847 $92,681
2017 $1,132 $107,381 $16,517 $90,864
2016 $1,057 $105,277 $16,194 $89,083
2015 $1,042 $103,697 $15,951 $87,746
2014 $1,030 $101,668 $15,640 $86,028
Source: Public Records

Agents Affiliated with this Home

  • Gerri Wulff

    Seller's Agent in 2018

    Gerri Wulff

    Geraldine Wulff

    (661) 510-8913

    59 Total Sales

    Gerri Wulff
    Section Image

  • M

    Buyer's Agent in 2018

    Mitchell Schlau

    1st Nationwide Real Estate

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18135414

California Regional Multiple Listing Service (CRMLS)

APN: 273-110-012

California Riverside County Riverside 92504

16387 King Ave, Riverside, CA

This home is located at 16387 King Ave, Riverside, CA 92504 since 07 June 2018 and is currently estimated at $763,225, approximately $386 per square foot. This property was built in 1974. 16387 King Ave is a home located in Riverside County with nearby schools including Woodcrest Elementary School, Frank Augustus Miller Middle School, and Martin Luther King Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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