NOT LISTED FOR SALE

16450 Cheltenham Rd Riverside, CA 92504

Estimated Value: $1,414,392 - $1,469,000

5 Beds
3 Baths
4,309 Sq Ft
$334/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $960,000 $223 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $8,978/month

155 Days on Market

Highlights

  • Heated In Ground Pool
  • RV Access or Parking
  • Gated Parking
  • Frank Augustus Miller Middle School Rated A-
  • Primary Bedroom Suite
  • City Lights View

About This Home

As of October 2020

Paste this link in your browser for a 3D Tour -> https://bit.ly/2SJOvih Welcome to the Woodcrest luxurious model home perched in one of Riverside's most prestigious neighborhoods. This beautiful home has 5 spacious bedrooms and 3 bathrooms, a 3-car garage, gourmet kitchen with stainless steel appliances, double edged granite countertops, and walk-in pantry. Are you working from home? This home has 2 separate office areas for the couple. This home also features inbuilt garbage/recycle bins, subzero refrigerator, double oven, oversized exhaust, music system throughout the house, hardwood floors, customized modern drapery, 3 fireplaces, dedicated bar area, security alarm with cameras, and a laundry room. The spacious master en-suite upstairs features an oversized tub, walk-in shower, double sinks, and a spacious walk-in closet. Three other spacious bedrooms and a bathroom complete the upstairs along with a nice library and a loft. This Woodcrest estate's panoramic views are without compare. Entertaining is a breeze in the backyard that features a pool, spa, an outdoor kitchen/BBQ, Basketball hoop, putting green, outdoor speakers and mature fruit trees to enjoy throughout the year. Property is fully fenced. No HOA! Come see this beauty and make it yours!

Last Agent to Sell the Property

Rupi Azrot

OFFERCITY HOMES License #02050423 Listed on: 03/11/2020

Last Buyer's Agent

Rupi Azrot

OFFERCITY HOMES License #02050423 Listed on: 03/11/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,089

Year Built

  • Built in 2000

Lot Details

  • 1.23 Acre Lot
  • Wrought Iron Fence
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Drip System Landscaping
  • Sprinkler System
  • Private Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned R-A-1

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Gated Parking
  • RV Access or Parking

Property Views

  • City Lights
  • Hills

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,309 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Dual Staircase
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Library
  • Loft
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Built-In Trash or Recycling Cabinet
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Makeup or Vanity Space
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Waterfall Pool Feature
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Conventional Septic
  • Phone Available

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 22100
  • Assessor Parcel Number 273570008

Community Details

Overview

  • No Home Owners Association
  • Foothills

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,089

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: R-A-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 273570008
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4309.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Ceiling Fan(s), Granite Counters, High Ceilings, Pantry, Recessed Lighting, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 222.79
  • Room Type: Family Room, Formal Entry, Kitchen, Laundry, Library, Living Room, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private, Heated, In Ground
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Exhaust Fan(s), Granite Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Remodeled Kitchen, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: City Lights, Hills
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Covered
  • Pool Features: Private, Heated, In Ground, Waterfall
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage, Garage - Two Door, Gated, RV Access/Parking, RV Potential
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Natural Gas Connected, Phone Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Freezer, Disposal, Microwave, Refrigerator, Trash Compactor, Vented Exhaust Fan
  • Electric: Standard
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Horse Trails, Sidewalks, Street Lights

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Rectangular Lot, Paved, Sprinklers Drip System, Yard
  • Lot Size Sq Ft: 53579.00
  • Lot Size Acres: 1.2300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 53579.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 420.03
  • Tax Lot: 8
  • Tax Tract Number: 22100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Aug 18, 2020
Sold by
Mathotra Chander P and Grover Jeotsna
Bought by
Nasireslamy Baharak
Seller's Agent
Rupi Azrot
OFFERCITY HOMES
Buyer's Agent
Rupi Azrot
OFFERCITY HOMES
List Price
$975,000
Sold Price
$960,000
Premium/Discount to List
-$15,000
-1.54%
Total Days on Market
155
Current Estimated Value
$1,440,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,348
Avg. Annual Appreciation
8.77%
Original Mortgage
$510,400
Outstanding Balance
$458,058
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$965,630

Purchase Details

Closed on
Apr 6, 2005
Sold by
Malhotra Chander P and Grover Jeotsna
Bought by
Malhotra Chander P and Grover Jeotsna

Purchase Details

Closed on
Mar 7, 2003
Sold by
Malhotra Chander P and Grover Jeotsna
Bought by
Malhotra Chander P and Grover Jeotsna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2002
Sold by
Malhotra Chander P and Grover Jeotsna
Bought by
The Malhotra Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2002
Sold by
Calprop Corp
Bought by
Malhotra Chander P and Grover Jeotsna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Nasireslamy Baharak $960,000 Usa National Title Company
Malhotra Chander P -- --
Malhotra Chander P -- Financial Title Company
The Malhotra Family Trust -- --
Malhotra Chander P $635,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nasireslamy Baharak $510,400
Previous Owner Malhotra Chander P $489,000
Previous Owner Malhotra Chander P $508,000
Previous Owner Malhotra Chander P $508,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $960,000 -1.5% $223 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
07/30/2020 07/30/20 Price Changed $975,000 0.0% $226 / Sq Ft
07/30/2020 07/30/20 For Sale $975,000 -1.0% $226 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
06/28/2020 06/28/20 Price Changed $985,000 -3.9% $229 / Sq Ft
06/15/2020 06/15/20 Price Changed $1,025,000 -2.3% $238 / Sq Ft
05/19/2020 05/19/20 For Sale $1,049,000 0.0% $243 / Sq Ft
05/11/2020 05/11/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $1,049,000 +9.3% $243 / Sq Ft
03/21/2020 03/21/20 Off Market $960,000 -- --
03/11/2020 03/11/20 For Sale $1,049,000 -- $243 / 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
2023 $11,089 $998,782 $249,697 $749,085
2022 $10,788 $979,199 $244,801 $734,398
2021 $10,596 $960,000 $240,001 $719,999
2020 $9,189 $831,251 $187,460 $643,791
2019 $8,923 $807,040 $182,000 $625,040
2018 $8,573 $776,000 $175,000 $601,000
2017 $8,552 $773,000 $174,000 $599,000
2016 $7,450 $707,000 $159,000 $548,000
2015 $6,694 $635,000 $143,000 $492,000
2014 $6,581 $618,000 $139,000 $479,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV20054005

California Regional Multiple Listing Service (CRMLS)

APN: 273-570-008