NOT LISTED FOR SALE

16517 Cheltenham Rd Riverside, CA 92504

Estimated Value: $1,188,000 - $1,580,594

5 Beds
5.5 Baths
5,426 Sq Ft
$270/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $1,230,000 $227 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $9,742/month

35 Days on Market

Highlights

  • RV Access or Parking
  • Primary Bedroom Suite
  • Open Floorplan
  • Frank Augustus Miller Middle School Rated A-
  • Updated Kitchen
  • Craftsman Architecture

About This Home

As of June 2023

AMAZING HOME FOR SALE OR TRADE !!!"ALICANTE ESTATES"
Were you waiting for your dream home? Look no further because this home sits on a HUGE Almost 1 acre FLAT lot with a gorgeous view. Did I mentioned Views!! It's located in one of the most prestigious communities in Riverside!
Everything about this home is big and brand new! BIG, BIG, BIG is the word you will use to describe everything about this home. If you are looking for a true Executive Estate in the Riverside area look no further. Open Spacious open floor plan. The chef's remodeled kitchen is a culinary enthusiast's dream, equipped with high-end appliances including a Sub-Zero fridge, new Viking Appliances New paint, baseboard, and beautiful flooring throughout. New Euro-style toilets, bathroom faucets, door knobs, recessed lighting, and ceiling fans. The expansive great room is ideal for hosting gatherings, with its open layout and abundance of natural light through. The owner has invested over 100K in making this awesome property ready for the new owners to enjoy and to design your custom landscaping and build that dream entertainer's backyard that you've always wanted!

Last Agent to Sell the Property

Lucas Smith

Sell My Home Real Estate License #01904757 Listed on: 04/05/2023

Co-Listed By

Maricela Smith

Sell My Home Real Estate License #01290331

Last Buyer's Agent

Andrea Jennings

RE/MAX HORIZON License #01176416

RE/MAX HORIZON

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,178

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • 0.9 Acre Lot
  • South Facing Home
  • Fenced
  • Fence is in excellent condition
  • Level Lot
  • Private Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned R-A-1

HOA Fees

  • $72 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 8 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Auto Driveway Gate
  • Parking Lot
  • RV Access or Parking

Home Design

  • Craftsman Architecture
  • Turnkey
  • Slab Foundation
  • Interior Block Wall
  • Flat Tile Roof
  • Concrete Roof
  • Copper Plumbing

Interior Spaces

  • 5,426 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Plantation Shutters
  • ENERGY STAR Qualified Doors
  • Formal Entry
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Home Office
  • Loft
  • Bonus Room
  • Game Room
  • Views of Hills

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Quartz Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Granite Bathroom Countertops
  • Stone Bathroom Countertops
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Low Flow Toliet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • 220 Volts In Laundry

Home Security

  • Storm Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Martin Luther King High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Natural Gas Connected
  • Conventional Septic
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 300
  • Assessor Parcel Number 273641001
  • $3,407 per year additional tax assessments

Community Details

Overview

  • Alicante At Mockingbird Association, Phone Number (951) 296-5640
  • Equity Management & Realty Services HOA

Recreation

  • Horse Trails
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,178

Year Built

Built in 2006 | Remodeled

Lot Details

0

HOA Fees

$72 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R-A-1
  • Architectural Style: Craftsman
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 273641001
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5426.00 Square Feet
  • Interior Amenities: Block Walls, Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full, Granite Counters, High Ceilings, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Stone Counters, Two Story Ceilings, Wired for Data
  • Stories: 2
  • Entry Location: Ground
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: ENERGY STAR Qualified Doors
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, In Family Room, Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 226.69
  • Room Type: Bonus Room, Den, Entry, Family Room, Formal Entry, Foyer, Game Room, Great Room, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Plantation Shutters, Shutters, Storm Window(s)
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Granite Counters, Jetted Tub, Linen Closet/Storage, Main Floor Full Bath, Privacy Toilet Door, Remodeled, Stone Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen, Walk-In Pantry

Exterior Features

  • Direction Faces: South
  • Foundation: Slab
  • Exterior Features: Lighting
  • View: Hills
  • Fence: Yes
  • Fencing: Excellent Condition
  • Pool Private: No
  • Roof: Concrete, Flat Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Circular Driveway, Direct Garage Access, Garage, Garage Faces Front, Garage Door Opener, Parking Space, RV Access/Parking
  • Total Parking Spaces: 11.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Gas Cooktop, Ice Maker, Microwave, Range Hood
  • Electric: 220 Volts in Garage, 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Biking Trails, Hiking Trails, Horse Trails
  • Association Fee: 72.00
  • Association Fee Frequency: Monthly
  • Association Name: Alicante at Mockingbird
  • Phone: 951-296-5640
  • Senior Community: No
  • Community Features: Hiking, Horse Trails, Sidewalks, Street Lights
  • Association Management: Equity Management & Realty Services

Schools

  • School District: Riverside Unified
  • High School: Martin Luther King
  • High School: Martin Luther King
  • High School2: MALUKI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot 20000-39999 Sqft, Level, Yard
  • Lot Size Sq Ft: 39204.00
  • Lot Size Acres: 0.9000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 39204.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 420.03
  • Tax Lot: 8
  • Tax Tract Number: 300...
  • TaxOtherAnnualAssessmentAmount: 3407.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
May 19, 2023
Sold by
Lin Ying-Ying Lisa
Bought by
Wang Chao Wei David
Seller's Agent
Lucas Smith
Sell My Home Real Estate
Buyer's Agent
Andrea Jennings
RE/MAX HORIZON
List Price
$1,350,000
Sold Price
$1,230,000
Premium/Discount to List
-$120,000
-8.89%
Total Days on Market
35
Views
110
Current Estimated Value
$1,467,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,399
Avg. Annual Appreciation
9.18%
Original Mortgage
$922,500
Outstanding Balance
$901,714
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$565,685

Purchase Details

Listed on
Apr 5, 2023
Closed on
Apr 26, 2023
Sold by
Wang Chao Wei David
Bought by
Cheng Lei and Zhang Jie
Seller's Agent
Lucas Smith
Sell My Home Real Estate
Buyer's Agent
Andrea Jennings
RE/MAX HORIZON
List Price
$1,350,000
Sold Price
$1,230,000
Premium/Discount to List
-$120,000
-8.89%
Views
110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$922,500
Outstanding Balance
$901,714
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$565,685

Purchase Details

Closed on
Mar 22, 2020
Sold by
Tiggle Madalene and Private Trust
Bought by
Terry Brian and Private Trust

Purchase Details

Closed on
May 18, 2018
Sold by
El Clarisse
Bought by
Tiggle Madalene and Private Trust

Purchase Details

Listed on
Sep 14, 2016
Closed on
Nov 4, 2016
Sold by
Deutsche Bank National Trust Company
Bought by
Wang Chao Wei D
Seller's Agent
Brandon Monte
ALLISON JAMES EST. & HOMES
Buyer's Agent
Brandon Monte
ALLISON JAMES EST. & HOMES
List Price
$649,900
Sold Price
$600,000
Premium/Discount to List
-$49,900
-7.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%

Purchase Details

Closed on
Jul 16, 2016
Sold by
Lockhart Madalene Tiggle
Bought by
Tiggle Madalene Clarisse

Purchase Details

Closed on
Oct 24, 2014
Sold by
Tiggle Lockhart Madalene
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 19, 2014
Sold by
16517 Cheltenham Road Trust
Bought by
Tiggle El Madalene

Purchase Details

Closed on
Mar 1, 2011
Sold by
Jmtl X3 Trust
Bought by
16517 Cheltham Road Trust and Standing Freedmen Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,500
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2010
Sold by
Tiggle Lockhart Madalene
Bought by
Tiggle Lockhart Madalene

Purchase Details

Closed on
Jul 3, 2010
Sold by
Tiggle Lockhart Madalene
Bought by
Jmtl X3 Trust

Purchase Details

Closed on
May 18, 2010
Sold by
Tiggle Lockhart Madalene C
Bought by
Tiggle Lockhart Madalene

Purchase Details

Closed on
Jun 25, 2009
Sold by
Deloney Ethel
Bought by
Lockhart Madalene Tiggle

Purchase Details

Closed on
Jun 4, 2009
Sold by
Lockhart Madalene Tiggle
Bought by
Deloney Ethel

Purchase Details

Closed on
Sep 22, 2006
Sold by
Lockhart Londonn
Bought by
Tiggle Lockhart Madalene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$846,603
Interest Rate
6.99%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 7, 2006
Sold by
Kb Home Coastal Inc
Bought by
Lockhart Madalene Tiggle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$846,603
Interest Rate
6.99%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 15, 2006
Sold by
Young California Riverside Lp
Bought by
Kb Home Coastal Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$846,603
Interest Rate
6.99%
Mortgage Type
Stand Alone First
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
Wang Chao Wei David -- Lawyers Title
Cheng Lei $615,000 Lawyers Title
Terry Brian -- None Available
Tiggle Madalene -- None Available
Wang Chao Wei D $600,000 Servicelink
Tiggle Madalene Clarisse -- None Available
Deutsche Bank National Trust Company $580,661 Accommodation
Tiggle El Madalene -- None Available
16517 Cheltham Road Trust -- None Available
Tiggle Lockhart Madalene -- None Available
Jmtl X3 Trust -- None Available
Tiggle Lockhart Madalene -- None Available
Lockhart Madalene Tiggle -- None Available
Deloney Ethel -- None Available
Tiggle Lockhart Madalene -- Fidelity National Title Buil
Lockhart Madalene Tiggle $1,058,500 Fidelity
Kb Home Coastal Inc -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Lei $922,500
Previous Owner 16517 Cheltham Road Trust $552,500
Previous Owner Lockhart Madalene Tiggle $846,603
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $1,230,000 -1.6% $227 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
05/03/2023 05/03/23 Price Changed $1,250,000 -7.4% $230 / Sq Ft
04/05/2023 04/05/23 For Sale $1,350,000 +125.0% $249 / Sq Ft
11/21/2016 11/21/16 Sold $600,000 -3.2% $111 / Sq Ft
10/27/2016 10/27/16 Pending -- -- --
09/30/2016 09/30/16 Price Changed $619,900 -4.6% $114 / Sq Ft
09/14/2016 09/14/16 For Sale $649,900 -- $120 / 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 $17,178 $669,307 $200,791 $468,516
2022 $10,677 $656,184 $196,854 $459,330
2021 $10,510 $643,319 $192,995 $450,324
2020 $10,421 $636,724 $191,017 $445,707
2019 $10,222 $624,240 $187,272 $436,968
2018 $10,078 $612,000 $183,600 $428,400
2017 $9,952 $600,000 $180,000 $420,000
2016 $11,276 $715,750 $185,790 $529,960
2015 $10,843 $705,000 $183,000 $522,000
2014 $10,995 $705,000 $183,000 $522,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG23054768

California Regional Multiple Listing Service (CRMLS)

APN: 273-641-001