Seller's Agent in 2021
Bobby Mendez
RE/MAX
(951) 283-5015
2 in this area
76 Total Sales
16522 Ridge Field Dr Riverside, CA 92503
Lake Hills/Victoria Grove NeighborhoodEstimated Value: $1,384,000 - $1,507,000
4
Beds
3.5
Baths
5,074
Sq Ft
$288/Sq Ft
Est. Value
Highlights
- Heated In Ground Pool
- 3 Car Attached Garage
- Fireplace in Primary Bedroom
- Lake Hills Elementary School Rated A-
- Panoramic View
- Wood Flooring
About This Home
As of November 2021Welcome to this once in a Lifetime Opportunity to call this Immaculate Estate your Home! This Gorgeous Masterpiece is located in the Prestigious Lake Hills Reserve Neighborhood, and is the last Home on the cul-de-sac that offers PANORAMIC VIEWS over all of Riverside! You are immediately greeted by a Magnificent Curb Appeal with Custom Stone Walkway and Separated 3-car garage for extra Storage, Vehicles and Toys. The entrance is through the Private Courtyard Terrace w/ Fireplace, and as you walk through the front door you are embraced by High Vaulted Cathedral Ceilings, Luxurious Hard Wood Floors, and Beautiful Staircase. The Grand Foyer is Exquisitely Designed to make you feel you are entering into a 5-Star Luxury Hotel. The GOURMET CHEF'S KITCHEN Features Granite Countertops, Wood Cabinets, Double Oven, Built in Range Cooktop, Butler's Pantry near dry bar with Wine Fridge and oversized KitchenAid Refrigerator. Experience one of the best Floorplans in Lake Hills as it has an Open Concept Great Room consisting of Spacious Living, Opulent Dining, and Family-Style Entertainment. The Palatial Master Bedroom Features Living Area with Fireplace, Double Vanity, Jacuzzi Tub, HUGE His & Hers WALK IN CLOSET, and Private Outside Balcony that overlooks both Corona and all of Riverside. The Upstairs Loft has Limitless Options as is currently being utilized as a Home Fitness Center. The other 3 Bedrooms are Generously Spacious and includes one Semi-Master Suite for guests. The Home also comes with a LUXURIOUS HOME OFFICE that can easily be converted into a 5th Bedroom if desired. The Backyard offers exclusive RESORT-STYLE AMENITIES such as Salt Water POOL & SPA w/ Water Features that evoke Sensations of Peace and Tranquility, along with a Full Built-in BBQ Grill, Outdoor Dining Gazebo, Lawn Area for Festive Activities, and Sizable FirePit to enjoy those warm Summer Nights with Friends and Family. The Sunset Views Over the entire valley will make you Feel On Top of The World! Many Upgrades and Custom Design in one of the best locations in all of Riverside, this Home offers a Lifestyle like none other for that one Lucky Buyer. The Community Association includes a Beautiful Recreation area with stunning pool, Park & Playground, Beautiful fireplace Pavilion and so much more. Don't miss this opportunity to call this extraordinary Estate Your Home!!
Last Agent to Sell the Property
Re/Max Time Realty License #01971883 Listed on: 09/02/2021
Home Details
Home Type
- Single Family
Year Built
- Built in 2006
Lot Details
- 0.37 Acre Lot
- Cul-De-Sac
- Landscaped
- Front and Back Yard Sprinklers
- Lawn
- Property is zoned R-4
HOA Fees
- $158 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Parking Available
- Two Garage Doors
- Driveway
Property Views
- Panoramic
- City Lights
- Mountain
- Pool
- Neighborhood
Home Design
- Turnkey
- Tile Roof
- Stone Siding
- Stucco
Interior Spaces
- 5,074 Sq Ft Home
- 2-Story Property
- High Ceiling
- Double Pane Windows
- Formal Entry
- Family Room with Fireplace
- Family or Dining Combination
- Library
- Loft
- Wood Flooring
- Laundry Room
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Oven
- Gas Range
- Dishwasher
- Kitchen Island
- Granite Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- All Upper Level Bedrooms
- Jack-and-Jill Bathroom
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Hydromassage or Jetted Bathtub
- Walk-in Shower
Pool
- Heated In Ground Pool
- In Ground Spa
- Saltwater Pool
Outdoor Features
- Balcony
- Fireplace in Patio
- Stone Porch or Patio
- Terrace
- Fire Pit
- Exterior Lighting
Location
- Suburban Location
Utilities
- Two cooling system units
- Central Heating and Cooling System
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 28815
- Assessor Parcel Number 140310011
Community Details
Overview
- Lake Hills Reserve Homeowners Association, Phone Number (951) 355-6860
- The Avalon Management Group HOA
Amenities
- Outdoor Cooking Area
- Community Fire Pit
Recreation
- Community Playground
- Community Pool
- Community Spa
- Park
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 2, 2021
Closed on
Oct 27, 2021
Sold by
Mendez Sergio F and Sergio F Mendez Family Tr
Bought by
Davis Wendell and Davis Trevina
Seller's Agent
Bobby Mendez
Re/Max Time Realty
Buyer's Agent
Jeremiah Gurnick
RYAN LEVI REALTY
List Price
$1,399,500
Sold Price
$1,300,000
Premium/Discount to List
-$99,500
-7.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,778
Avg. Annual Appreciation
2.78%
Original Mortgage
$999,000
Outstanding Balance
$946,595
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$512,183
Purchase Details
Closed on
Jun 20, 2016
Sold by
Mendez Sergio
Bought by
Mendez Sergio F and Family Trust Of Sergio F Mendez
Purchase Details
Closed on
Mar 16, 2011
Sold by
Citibank Na
Bought by
Mendez Sergio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 5, 2011
Sold by
Kim Steve and Kim Kevin S
Bought by
Citibank Na
Purchase Details
Closed on
May 9, 2006
Sold by
Lake Hills Riverside Lp
Bought by
Kim Kevin S and Kim Steve
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$886,911
Interest Rate
6.46%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Mar 22, 2006
Sold by
Kim Linda
Bought by
Kim Steve
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$886,911
Interest Rate
6.46%
Mortgage Type
Fannie Mae Freddie Mac
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Davis Wendell | $1,300,000 | Wfg National Title Co Of Ca | |
| Mendez Sergio F | -- | None Available | |
| Mendez Sergio | $560,000 | Orange Coast Title Lender Se | |
| Citibank Na | $1,057,711 | Accommodation | |
| Kim Kevin S | $1,109,000 | Landamerica Developer Svcs | |
| Kim Steve | -- | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Davis Wendell | $999,000 | |
| Previous Owner | Mendez Sergio | $300,000 | |
| Previous Owner | Kim Kevin S | $886,911 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/12/2021 11/12/21 | Sold | $1,300,000 | -7.1% | $256 / Sq Ft |
| 10/07/2021 10/07/21 | Pending | -- | -- | -- |
| 09/02/2021 09/02/21 | For Sale | $1,399,500 | -- | $276 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $19,466 | $1,379,570 | $265,302 | $1,114,268 |
| 2023 | $19,466 | $1,326,000 | $255,000 | $1,071,000 |
| 2022 | $18,587 | $1,300,000 | $250,000 | $1,050,000 |
| 2021 | $11,049 | $662,810 | $147,946 | $514,864 |
| 2020 | $10,947 | $656,014 | $146,429 | $509,585 |
| 2019 | $10,848 | $643,152 | $143,558 | $499,594 |
| 2018 | $10,745 | $630,543 | $140,744 | $489,799 |
| 2017 | $10,599 | $618,181 | $137,985 | $480,196 |
| 2016 | $10,599 | $606,061 | $135,280 | $470,781 |
| 2015 | $10,493 | $596,959 | $133,249 | $463,710 |
| 2014 | $10,476 | $585,268 | $130,640 | $454,628 |
Source: Public Records
Agents Affiliated with this Home
-
Bobby Mendez
-
Jeremiah Gurnick
Buyer's Agent in 2021
Jeremiah Gurnick
RYAN LEVI REALTY
(951) 522-9913
1 in this area
46 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG21174835
APN: 140-310-011
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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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