NOT LISTED FOR SALE

16893 Rainy Vale Ave Riverside, CA 92503

Lake Hills/Victoria Grove Neighborhood

Estimated Value: $691,000 - $725,133

3 Beds
2.5 Baths
1,877 Sq Ft
$381/Sq Ft Est. Value

Last Sold June 16, 2020

Last sale price $475,000 $253 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,358/month

Highlights

  • Mountain View
  • 2 Car Attached Garage
  • Laundry Room
  • Lake Hills Elementary School Rated A-
  • Community Playground
  • Picnic Area

About This Home

As of June 2020

You will love this 3 bedroom, 2.5 bathroom home located in Riverside in the desirable community of Lake Hills. Beautiful views of the Lake Mathew's hills. Community offers playgrounds, parks, walking trails and family recreational facilities. Do not miss out on this one!

Last Agent to Sell the Property

Sofia Chacon

KW The Lakes License #01763659 Listed on: 05/19/2020

KW The Lakes

Last Buyer's Agent

Sofia Chacon

KW The Lakes License #01763659 Listed on: 05/19/2020

KW The Lakes

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 0.36 Acre Lot
  • Front Yard

HOA Fees

  • $97 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,877 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 17291
  • Assessor Parcel Number 136262010

Community Details

Overview

  • Lake Hills Maintenance Association, Phone Number (951) 244-0048
  • Avalon HOA

Amenities

  • Picnic Area

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

HOA Fees

$97 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 136262010
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1877.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 253.06
  • Room Type: Living Room

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Playground
  • Association Fee: 97.00
  • Association Fee Frequency: Monthly
  • Association Name: Lake Hills Maintenance
  • Phone: 9512440048
  • Senior Community: No
  • Community Features: Sidewalks
  • Association Management: Avalon

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 15682.00
  • Lot Size Acres: 0.3600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15682.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 414.09
  • Tax Lot: 41
  • Tax Tract Number: 17291

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Jun 12, 2020
Sold by
Schuller Joseph Norman
Bought by
Schuller Diane
Seller's Agent
Sofia Chacon
KW The Lakes
Buyer's Agent
Sofia Chacon
KW The Lakes
List Price
$465,000
Sold Price
$475,000
Premium/Discount to List
$10,000
2.15%
Current Estimated Value
$715,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,283
Avg. Annual Appreciation
7.65%
Original Mortgage
$403,750
Outstanding Balance
$357,102
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$358,181

Purchase Details

Listed on
May 19, 2020
Closed on
May 21, 2020
Sold by
Simmons Robert D and Simmons Kristina M
Bought by
Clapp Dwight and Clapp Catherine
Seller's Agent
Sofia Chacon
KW The Lakes
Buyer's Agent
Sofia Chacon
KW The Lakes
List Price
$465,000
Sold Price
$475,000
Premium/Discount to List
$10,000
2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Outstanding Balance
$357,102
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$358,181

Purchase Details

Closed on
Feb 10, 1999
Sold by
Butler Robyn B
Bought by
Butler Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,900
Interest Rate
6.78%

Purchase Details

Closed on
Jan 28, 1999
Sold by
Butler Timothy J
Bought by
Simmons Jr Robert D and Simmons Kristina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,900
Interest Rate
6.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Schuller Diane -- Lawyers Title
Clapp Dwight $475,000 Lawyers Title
Butler Timothy J -- First American Title Co
Simmons Jr Robert D $180,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clapp Dwight $403,750
Previous Owner Simmons Jr Robert D $170,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2020 06/16/20 Sold $475,000 +2.2% $253 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $465,000 -- $248 / 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 $6,248 $519,478 $109,363 $410,115
2023 $6,248 $499,308 $105,117 $394,191
2022 $5,758 $489,518 $103,056 $386,462
2021 $5,639 $479,921 $101,036 $378,885
2020 $3,037 $257,855 $85,997 $171,858
2019 $2,997 $252,800 $84,311 $168,489
2018 $2,954 $247,844 $82,659 $165,185
2017 $2,899 $242,986 $81,039 $161,947
2016 $2,852 $238,222 $79,450 $158,772
2015 $2,812 $234,645 $78,257 $156,388
2014 $2,803 $230,051 $76,725 $153,326
Source: Public Records

Agents Affiliated with this Home

  • Sofia Chacon

    Seller's Agent in 2020

    Sofia Chacon

    KW The Lakes

    (951) 258-5245

    1 in this area

    104 Total Sales

    Sofia Chacon
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG20094811

California Regional Multiple Listing Service (CRMLS)

APN: 136-262-010

California Riverside County Riverside 92503 Lake Hills/Victoria Grove

16893 Rainy Vale Ave, Riverside, CA

Not Listed for Sale

Detached

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