Seller's Agent in 2024
Chris Taylor
Keller Williams Realty
(949) 294-2506
30 in this area
144 Total Sales
16957 Valley Spring Dr Riverside, CA 92503
Lake Hills/Victoria Grove NeighborhoodEstimated Value: $924,868 - $1,002,000
4
Beds
3
Baths
3,045
Sq Ft
$316/Sq Ft
Est. Value
Highlights
- Heated In Ground Pool
- Property is near a clubhouse
- Wood Flooring
- City Lights View
- Cathedral Ceiling
- 4-minute walk to Lake Hills Reserve Park
About This Home
As of June 2024Step into luxury living in Lake Hills Reserve with this exquisite 2-story Executive Home boasting 3,045 SqFt of meticulously designed space. Offering 4 bedrooms, including a convenient GROUND FLOOR BEDROOM, and 2.75 baths, this residence is situated on an expansive 8,712 SqFt flat lot, perfect for a future pool, and adorned with manicured landscaping that frames breathtaking views of city lights and rolling hills. Inside, hardwood floors exude warmth and elegance, while surround sound creates an immersive ambiance throughout. Entertain in style within the formal Living and Dining Rooms, graced by cathedral ceilings and bathed in natural light. The fireplace-warmed Family Room seamlessly flows into the spacious Kitchen, featuring granite counters, a tile backsplash, a pantry, a farm sink, ample cabinet space, and a generous island for culinary adventures. Upstairs, a spacious Loft provides additional versatile living space, complemented by a convenient laundry area and 2 more Bedrooms. Retreat to the luxurious Primary Suite, complete with a spa-like bathroom and a private balcony offering unparalleled vistas, ideal for unwinding after a long day. Indulge in the epitome of sophisticated living with this stunning property, where every detail has been thoughtfully curated for discerning tastes. Situated on a vast expanse of 750 acres, 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 the shopping attractions of Tyler Mall, Riverside Plaza, and Dos Lagos. 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 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: 04/10/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,300
Year Built
- Built in 2007
Lot Details
- 8,712 Sq Ft Lot
- Wrought Iron Fence
- Wood Fence
- Block Wall Fence
- Landscaped
- Level Lot
- Sprinkler System
- Lawn
- Back and Front Yard
- Property is zoned R-4
HOA Fees
- $185 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
Property Views
- City Lights
- Hills
Home Design
- Mediterranean Architecture
- Entry on the 1st floor
- Planned Development
- Slab Foundation
- Spanish Tile Roof
Interior Spaces
- 3,045 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Entrance Foyer
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room
- Loft
- Wood Flooring
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Walk-In Pantry
- Electric Oven
- Six Burner Stove
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Walk-In Closet
- Bathroom on Main Level
- Granite Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Eco-Friendly Details
- Energy-Efficient Windows
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Balcony
- 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 232
- Tax Tract Number 28816
- Assessor Parcel Number 135571018
- $2,661 per year additional tax assessments
Community Details
Overview
- Lake Hills 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
Apr 10, 2024
Closed on
May 7, 2024
Sold by
Ferrer Living Trust and Ferrer Thomas M
Bought by
Martinez Andrew D and Gil Donna M
Seller's Agent
Chris Taylor
Keller Williams Realty
Buyer's Agent
Miguel Palos
Ontrak Real Estate
List Price
$1,000,000
Sold Price
$950,000
Premium/Discount to List
-$50,000
-5%
Views
39
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
$13,217
Avg. Annual Appreciation
1.09%
Original Mortgage
$650,000
Outstanding Balance
$642,501
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$320,716
Purchase Details
Closed on
Feb 2, 2017
Sold by
Ferrer Thomas M and Ferrer Josefina B
Bought by
Ferrer Thomas M and Ferrer Josefina B
Purchase Details
Closed on
Oct 5, 2015
Sold by
Ferrer Thomas M
Bought by
Ferrer Thomas M and Ferrer Josefina B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,243
Interest Rate
4.12%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 26, 2008
Sold by
Ferrer Josefina B
Bought by
Ferrer Thomas M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,808
Interest Rate
6.1%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 19, 2008
Sold by
Lake Hills Riverside Lp
Bought by
Ferrer Thomas M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,808
Interest Rate
6.1%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Martinez Andrew D | $475,000 | First American Title | |
| Ferrer Thomas M | -- | None Available | |
| Ferrer Thomas M | -- | Wfg National Title Co Of Ca | |
| Ferrer Thomas M | -- | Commonwealth Land Title Co | |
| Ferrer Thomas M | $448,000 | Landamerica |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martinez Andrew D | $650,000 | |
| Previous Owner | Ferrer Thomas M | $490,000 | |
| Previous Owner | Ferrer Thomas M | $407,200 | |
| Previous Owner | Ferrer Thomas M | $409,243 | |
| Previous Owner | Ferrer Thomas M | $409,229 | |
| Previous Owner | Ferrer Thomas M | $441,808 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2024 06/05/24 | Sold | $950,000 | 0.0% | $312 / Sq Ft |
| 05/06/2024 05/06/24 | Off Market | $950,000 | -- | -- |
| 05/04/2024 05/04/24 | Pending | -- | -- | -- |
| 04/10/2024 04/10/24 | For Sale | $1,000,000 | -- | $328 / 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 | $9,300 | $969,000 | $290,700 | $678,300 |
| 2023 | $9,300 | $566,559 | $216,600 | $349,959 |
| 2022 | $9,068 | $555,451 | $212,353 | $343,098 |
| 2021 | $8,909 | $544,561 | $208,190 | $336,371 |
| 2020 | $8,823 | $538,978 | $206,056 | $332,922 |
| 2019 | $8,741 | $528,411 | $202,016 | $326,395 |
| 2018 | $8,656 | $518,051 | $198,056 | $319,995 |
| 2017 | $8,536 | $507,894 | $194,173 | $313,721 |
| 2016 | $8,404 | $487,336 | $190,366 | $296,970 |
| 2015 | $7,873 | $442,000 | $173,000 | $269,000 |
| 2014 | $7,557 | $408,000 | $159,000 | $249,000 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Taylor
-
Miguel Palos
Buyer's Agent in 2024
Miguel Palos
Ontrak Real Estate
(562) 787-5626
1 in this area
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24060291
APN: 135-571-018
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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
Nearby Homes
- 16183 Village Meadow Dr
- 16873 Valley Spring Dr
- 17109 Spring Canyon Place
- 16305 Angel Canyon Dr
- 16394 Village Meadow Dr
- 16423 Village Meadow Dr
- 16219 Skyridge Dr
- 15775 Laurel Branch Ct
- 15780 Laurel Branch Ct
- 17122 Broken Rock Ct
- 16363 E Peak Ct
- 0 Summer Springs Way Unit IV25084141
- 15487 Skyridge Dr
- 16192 Setting Sun Cir
- 18338 Lakepointe Dr
- 17015 Knollbrook Place
- 16242 Hidden Cove Dr
- 16543 Lake Knoll Pkwy
- 16187 Cousins Cir
- 3044 Ashwood Ct
- 16945 Valley Spring Dr
- 16969 Valley Spring Dr
- 16933 Valley Spring Dr
- 16981 Valley Spring Dr
- 17008 Spring Canyon Place
- 16921 Valley Spring Dr
- 16928 Valley Spring Dr
- 16993 Valley Spring Dr
- 17020 Spring Canyon Place
- 16219 Village Meadow Dr
- 16255 Village Meadow Dr
- 16909 Valley Spring Dr
- 16953 Spring Canyon Place
- 16965 Spring Canyon Place
- 16941 Spring Canyon Place
- 16916 Valley Spring Dr
- 17044 Spring Canyon Place
- 16929 Spring Canyon Place
- 16989 Spring Canyon Place
- 16207 Village Meadow Dr