NOT LISTED FOR SALE

16880 Valley Spring Dr Riverside, CA 92503

Lake Hills/Victoria Grove Neighborhood

Estimated Value: $837,355 - $917,000

4 Beds
3 Baths
3,045 Sq Ft
$291/Sq Ft Est. Value

Last Sold March 25, 2014

Last sale price $420,000 $138 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $5,508/month

167 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Loft
  • Lake Hills Elementary School Rated A-
  • Main Floor Bedroom
  • Corner Lot

About This Home

As of March 2014

Welcome to LAKE HILLS RESERVE. This beautiful corner home features 4 bedroom and 3 bathroom plus bonus room/loft. Open floor plan with formal living and formal dining room and crown moulding. Bright and airy kitchen with upgraded granite counter top, huge center island, stainless steel appliance, recessed lighting and pantry opens to family room with wood shutters , media niche and charming fireplace. One bedroom and bath on main level. Living space per assessor 3,2147sq ft. Master suite with mirrored walk in closet and private bath with separate shower and oversized tub. 3 car garage tandem with direct access. Built in 2007 with nice sized backyard and a side yard.

Last Agent to Sell the Property

Leon Salajan

PACIFIC REALTY CENTER License #01225795 Listed on: 08/25/2013

Last Buyer's Agent

JAN ANTHONY PRESTELLA

EXCLUSIVE PROPERTIES License #00891503

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 3,045 Sq Ft Home
  • Family Room with Fireplace
  • Living Room
  • Loft

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Shared Septic

Listing and Financial Details

  • Tax Lot 250
  • Tax Tract Number 28816
  • Assessor Parcel Number 135572005

Community Details

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$180 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 135572005
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3045.00
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 137.93
  • Room Type: Family Room, Loft, Living Room, Main Floor Bedroom, Master Suite

Exterior Features

  • Pool Features: Association, Community, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Upper Level
  • Sewer: Shared Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 180.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 250
  • Tax Tract Number: 28816

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2021
Sold by
Kanchrakuntla Venkat Ram Reddy and Kanchrakuntla Arundhathi Reddy
Bought by
Kanchrakuntla Venkat Ram Reddy and Kanchrakuntla Arundhathi Reddy
Current Estimated Value
$886,339

Purchase Details

Listed on
Aug 25, 2013
Closed on
Feb 26, 2014
Sold by
Badescu Catalin
Bought by
Reddy Kanchrakuntla Venka Ram and Male Arundhathi
Seller's Agent
Leon Salajan
PACIFIC REALTY CENTER
Buyer's Agent
JAN ANTHONY PRESTELLA
EXCLUSIVE PROPERTIES
List Price
$479,900
Sold Price
$420,000
Premium/Discount to List
-$59,900
-12.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$294,000
Outstanding Balance
$221,480
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$664,859

Purchase Details

Closed on
Nov 3, 2008
Sold by
Badescu Rodica
Bought by
Badescu Catalin

Purchase Details

Closed on
Aug 28, 2008
Sold by
Lake Hills Riverside Lp
Bought by
Badescu Catalin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Kanchrakuntla Venkat Ram Reddy -- None Available
Kanchrakuntla Venkat Ram Reddy -- None Available
Reddy Kanchrakuntla Venka Ram $420,000 Title 365
Badescu Catalin -- Commonwealth Land Title Co
Badescu Catalin $399,500 Landamerica
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reddy Kanchrakuntla Venka Ram $294,000
Previous Owner Badescu Catalin $319,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2014 03/25/14 Sold $420,000 -6.6% $138 / Sq Ft
02/08/2014 02/08/14 Pending -- -- --
01/13/2014 01/13/14 Price Changed $449,900 -4.3% $148 / Sq Ft
10/22/2013 10/22/13 Price Changed $469,900 -2.1% $154 / Sq Ft
08/25/2013 08/25/13 For Sale $479,900 -- $158 / 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 $8,371 $514,848 $153,225 $361,623
2023 $8,371 $494,858 $147,276 $347,582
2022 $8,187 $485,156 $144,389 $340,767
2021 $8,046 $475,644 $141,558 $334,086
2020 $7,972 $470,768 $140,107 $330,661
2019 $7,901 $461,538 $137,360 $324,178
2018 $7,827 $452,489 $134,668 $317,821
2017 $7,722 $443,618 $132,028 $311,590
2016 $7,722 $434,921 $129,440 $305,481
2015 $7,646 $428,391 $127,497 $300,894
2014 $7,407 $408,000 $128,000 $280,000
Source: Public Records

Agents Affiliated with this Home

  • Leon Salajan

    Seller's Agent in 2014

    Leon Salajan

    PACIFIC REALTY CENTER

    (909) 772-1190

    6 in this area

    47 Total Sales

    Leon Salajan
    Section Image

  • J

    Buyer's Agent in 2014

    JAN ANTHONY PRESTELLA

    EXCLUSIVE PROPERTIES

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13172246

California Regional Multiple Listing Service (CRMLS)

APN: 135-572-005

California Riverside County Riverside 92503 Lake Hills/Victoria Grove

16880 Valley Spring Dr, Riverside, CA

Not Listed for Sale

Detached

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