$600,000
SOLD NOV 21, 2016

16517 Cheltenham Rd Riverside, CA 92504

5 Beds
4.5 Baths
5,426 Sq Ft
0.9 Acres

Recently Sold

$111 Per Sq Ft

8% Below List Price

43 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Fireplace in Primary Bedroom Retreat
  • Frank Augustus Miller Middle School Rated A-
  • View of Hills
  • Main Floor Bedroom

About This Home

As of June 2023

Constructed in 2006, this massive 5,426 square foot home is located in a quiet upscale neighborhood. Offering an expansive floor plan, a huge master suite, and the possibility of an additional 2nd bedroom on the main level, this one has much to offer. The over sized chef's kitchen has a huge island for entertaining and looks directly into the huge family room. In addition to the master suite, you will find 3 additional bedrooms on the upper level along with a huge loft/game room, and an awesome laundry area. Just inside the main entrance to the left, you will find a huge formal dining area that would be great for entertaining around the holidays or for those special occasions. The main floor also features an office, bedroom, and another good sized room that could be converted into an additional bedroom. The huge 39,204 square foot lot has many possibilities. A pool and beautiful hardscape could be added to make this true resort style living. Located close to award winning schools, shopping, and entertainment, this may be the right opportunity for the move up buyer. Property in need of cosmetic repairs.

Last Agent to Sell the Property

Brandon Monte

ALLISON JAMES EST. & HOMES License #01851165 Listed on: 09/14/2016

ALLISON JAMES EST. & HOMES

Last Buyer's Agent

Brandon Monte

ALLISON JAMES EST. & HOMES License #01851165 Listed on: 09/14/2016

ALLISON JAMES EST. & HOMES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,178

Year Built

  • Built in 2006

Lot Details

  • 0.9 Acre Lot
  • Land Lease
  • Property is zoned R-A-1

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Cosmetic Repairs Needed
  • Fixer Upper
  • Slab Foundation
  • Tile Roof
  • Copper Plumbing

Interior Spaces

  • 5,426 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Ceiling Fan
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Views of Hills
  • Breakfast Bar

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area

Laundry

  • Laundry Room
  • Laundry on upper level

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • Septic Type Unknown

Additional Features

  • Rain Gutters
  • Urban Location

Community Details

  • Alicante At Mockingbird Canyon Association, Phone Number (951) 375-3812

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 30011
  • Assessor Parcel Number 273641001

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,178

Year Built

Built in 2006

Lot Details

0

HOA Fees

$70 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R-A-1
  • Property Condition: Fixer, Repairs Cosmetic
  • 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: Ceiling Fan(s), Copper Plumbing Full, Open Floorplan, Pantry, Wired for Data
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room
  • Fireplace Features: Family Room, Master Retreat
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 110.58
  • Room Type: Dressing Area, Entry, Family Room, Formal Entry, Foyer, Laundry, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet

Exterior Features

  • Foundation: Slab
  • View: Hills
  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 70.00
  • Association Fee Frequency: Monthly
  • Association Name: Alicante at Mockingbird Canyon
  • Phone: 951-375-3812
  • Senior Community: No
  • Community Features: Curbs, Gutters, Urban

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 39204.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 420.03
  • Tax Lot: 8
  • Tax Tract Number: 30011

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%
Views
110
Current Estimated Value
$1,478,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,963
Avg. Annual Appreciation
8.38%
Original Mortgage
$922,500
Outstanding Balance
$897,832
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$581,131

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
$897,832
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$581,131

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
10.77%

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

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 Type Sale Price Title Company
Deed -- Lawyers Title
Grant Deed $615,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $600,000 Servicelink
Interfamily Deed Transfer -- None Available
Trustee Deed $580,661 Accommodation
Grant Deed -- None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- Fidelity National Title Buil
Grant Deed $1,058,500 Fidelity
Grant Deed -- Accommodation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $922,500 New Conventional
Previous Owner $552,500 Purchase Money Mortgage
Previous Owner $846,603 Stand Alone First
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
2025 $17,178 $1,279,690 $383,909 $895,781
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: IV16702319

California Regional Multiple Listing Service (CRMLS)

APN: 273-641-001