Seller's Agent in 2025
Chris Taylor
Keller Williams Realty
(949) 294-2506
33 in this area
152 Total Sales
16861 Valley Spring Dr Riverside, CA 92503
Lake Hills/Victoria Grove Neighborhood
5
Beds
2.5
Baths
3,250
Sq Ft
6,098
Sq Ft Lot
Highlights
- Spa
- View of Hills
- Contemporary Architecture
- Lake Hills Elementary School Rated A-
- Property is near a clubhouse
- Cathedral Ceiling
About This Home
As of April 2025Discover family living and entertaining at its finest in this 3,250 SqFt Executive Home in Lake Hills Reserve located a short walk away from the community center. Boasting 5 bedrooms, including TWO GROUND-FLOOR BEDROOMS and 2.75 baths. The desirable layout features formal living and dining rooms with soaring cathedral ceilings, bathed in natural light. The family room, warmed by a fireplace, flows into a chef’s kitchen with granite counters, a tile backsplash, a pantry, and a spacious island. Upstairs, enjoy a versatile loft, two additional bedrooms, and a spacious primary suite with its own private balcony. With ceramic tile and laminate wood flooring throughout, this home is designed for comfort and style. The exclusive community of Lake Hills Reserve offers its residents an ideal mountaintop locale removed from city life, yet close to Riverside’s many cultural and educational amenities and near all the shopping attractions! In addition to the hiking, stunning sunsets, the quiet, and panoramic mountaintop views in this patrol-guarded community, residents enjoy a private residents club including a swimming pool, playground, park, an open-air fireplace pavilion, and the HIGHLY rated Lake Hills Elementary School. This is an ideal location for commuters as the 91 FWY &Metro-link are both VERY close by. Are you ready for the Lake Hills Reserve lifestyle...?
Last Agent to Sell the Property
Keller Williams Realty Brokerage Phone: 949.294.2506 License #01474504 Listed on: 01/16/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 2007
Lot Details
- 6,098 Sq Ft Lot
- Wrought Iron Fence
- Wood Fence
- Landscaped
- Level Lot
- Sprinkler System
- Front Yard
- Property is zoned R-4
HOA Fees
- $195 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Single Garage Door
Home Design
- Contemporary Architecture
- Entry on the 1st floor
- Planned Development
- Slab Foundation
- Spanish Tile Roof
- Copper Plumbing
Interior Spaces
- 3,250 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room
- Loft
- Views of Hills
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Walk-In Pantry
- Electric Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- Bathroom on Main Level
- Granite Bathroom Countertops
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Soaking Tub
- Bathtub with Shower
- Separate Shower
- Exhaust Fan In Bathroom
- Linen Closet In Bathroom
- Closet In Bathroom
Laundry
- Laundry Room
- Laundry on upper level
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Eco-Friendly Details
- Energy-Efficient Windows
Outdoor Features
- Spa
- Covered Patio or Porch
- Exterior Lighting
Location
- Property is near a clubhouse
- Suburban Location
Schools
- Lake Hills Elementary School
- Hillcrest High School
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 240
- Tax Tract Number 28816
- Assessor Parcel Number 135561001
- $2,367 per year additional tax assessments
Community Details
Overview
- Lake Hills Reserve HOA, Phone Number (951) 244-0048
- Avalon Management Group HOA
- Built by Brehm
- Maintained Community
- Foothills
Amenities
- Community Barbecue Grill
- Picnic Area
Recreation
- Community Playground
- Community Pool
- Community Spa
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 16, 2025
Closed on
Apr 2, 2025
Sold by
Waghorn Richard
Bought by
Waghorn Margaret A
Seller's Agent
Chris Taylor
Keller Williams Realty
Buyer's Agent
Francisco Licea
EXP REALTY OF SOUTHERN CALIFORNIA INC.
List Price
$885,000
Sold Price
$870,000
Premium/Discount to List
-$15,000
-1.69%
Views
101
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
$18,236
Avg. Annual Appreciation
3.19%
Original Mortgage
$806,500
Outstanding Balance
$802,283
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$85,953
Purchase Details
Listed on
Jan 16, 2025
Closed on
Mar 20, 2025
Sold by
Michael P Newman P and Michael Marilyn D
Bought by
Waghorn Joshua S and Waghorn Margaret A
Seller's Agent
Chris Taylor
Keller Williams Realty
Buyer's Agent
Francisco Licea
EXP REALTY OF SOUTHERN CALIFORNIA INC.
List Price
$885,000
Sold Price
$870,000
Premium/Discount to List
-$15,000
-1.69%
Views
101
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$806,500
Outstanding Balance
$802,283
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$85,953
Purchase Details
Closed on
Mar 24, 2022
Sold by
Newman Michael P and Newman Marilyn D
Bought by
Michael P Newman And Marilyn D Notarte-Newman
Purchase Details
Closed on
Aug 28, 2008
Sold by
Lake Hills Riverside Lp
Bought by
Newman Michael Paul and Newman Marilyn Notarte
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,750
Interest Rate
6.16%
Mortgage Type
VA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | First American Title | |
| Grant Deed | $435,000 | First American Title | |
| Deed | -- | Newman Michael P | |
| Grant Deed | $407,000 | Landamerica |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $806,500 | New Conventional | |
| Previous Owner | $415,750 | VA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/10/2025 04/10/25 | Sold | $870,000 | 0.0% | $268 / Sq Ft |
| 03/11/2025 03/11/25 | Off Market | $870,000 | -- | -- |
| 03/08/2025 03/08/25 | Pending | -- | -- | -- |
| 01/16/2025 01/16/25 | For Sale | $885,000 | -- | $272 / 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 | $8,522 | $524,105 | $225,350 | $298,755 |
| 2023 | $8,522 | $503,755 | $216,600 | $287,155 |
| 2022 | $8,351 | $493,878 | $212,353 | $281,525 |
| 2021 | $8,206 | $484,195 | $208,190 | $276,005 |
| 2020 | $8,132 | $479,231 | $206,056 | $273,175 |
| 2019 | $8,060 | $469,835 | $202,016 | $267,819 |
| 2018 | $7,984 | $460,623 | $198,056 | $262,567 |
| 2017 | $7,877 | $451,592 | $194,173 | $257,419 |
| 2016 | $7,881 | $442,738 | $190,366 | $252,372 |
| 2015 | $7,779 | $434,000 | $187,000 | $247,000 |
| 2014 | $7,533 | $406,000 | $175,000 | $231,000 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Taylor
-
Francisco Licea
Buyer's Agent in 2025
Francisco Licea
EXP REALTY OF SOUTHERN CALIFORNIA INC.
(951) 213-9131
2 in this area
46 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25010452
APN: 135-561-001
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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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