NOT LISTED FOR SALE

17045 Ridge Canyon Dr Riverside, CA 92506

Woodcrest Area

Estimated Value: $811,462 - $1,253,000

6 Beds
4 Baths
3,677 Sq Ft
$261/Sq Ft Est. Value

Sale Details

Date Sold: October 1, 2019

Last sale price $583,000 $159 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,799 / mo

77 Days on Market

Highlights

  • Heated Pool
  • No HOA
  • Central Heating
  • Frank Augustus Miller Middle School Rated A-
  • Foothills
  • 1-Story Property

About This Home

As of October 2019

Great Investment opportunity. Live in one house and receive $2000 month from duplex. If you're looking for a nice single story t live in and have rental income this property has it all. Sitting on 1.5 acres this rural home with a pool has 4 bedrooms with a Master bed and bath separated from the other rooms. Step out the back and take a dive in the pool. A large family room is separated from the living room by the kitchen. Lots of room for large parties, even if you have two groups. Watch TV in one and play games in the other. Yes, you can do that here. The 2 car garage has a separate work room that includes an unpermitted bathroom.
The investment opportunity comes from the duplex that sits at the bottom of the property. Each unit has 1 bedroom and 1 bath. Rents are low now due to family but owner has been offered over $1000 each. One unit was in great shape while the other needs carpet. All of this with room for RV's and boats. Property has one APN but two addresses. The second address for the duplex is 17047 and is the one showing under this APN.
I almost forgot to mention the view. Sit in the living room and look out over the city lights. You can see forever on a clear day. Feel like you're on top of the world.

Last Agent to Sell the Property

Jeff Maas

NATIONAL REALTY GROUP License #00981576 Listed on: 06/05/2019

NATIONAL REALTY GROUP

Last Buyer's Agent

John Nguyen

Premier Agent Network License #01816912

Premier Agent Network

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 1.5 Acre Lot
  • No Common Walls

Parking

  • 2 Car Garage

Interior Spaces

  • 3,677 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Laundry in Garage

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Pool

  • Heated Pool
  • Fence Around Pool

Utilities

  • Central Heating
  • Private Water Source
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 245250030

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Foothills

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $6,000
  • Insurance Expense $1,000
  • Trash Expense $500
  • Water Sewer Expense $600
  • New Taxes Expense $7,500
  • Operating Expense $15,600
  • Gross Income $24,000
  • Net Operating Income $8,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

1.5 Acres

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 600.00
  • Zoning: R-A-1 1/2
  • Property Type: Residential Income
  • Parcel Number: 245250030
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 158.55

Exterior Features

  • Pool Features: Private, Fenced, Heated
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Trash Expense: 500.00
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 65340.00
  • Lot Size Acres: 1.5000

Multi Family

  • Average1 Bed Area: 800 Square Feet
  • Electric Expense: 6000.00
  • Gross Income: 24000.00
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 65340.0000 Square Feet
  • Net Operating Income: 8400.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 15600.00
  • Rent Control: No
  • Total Expenses: 15600.00

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Census Tract: 420.05

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2019
Sold by
Bought by
Current Estimated Value
$960,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,400
Interest Rate
0.036%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
0.0403%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
0.0614%
Mortgage Type
Commercial

Purchase Details

Closed on
May 6, 1997
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$583,000 First American Title Company
-- First American Title Company
$355,000 First American Title
-- Mfi Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $466,400
Previous Owner $325,000
Previous Owner $150,000
Previous Owner $68,000
Previous Owner $215,000
Previous Owner $171,000
Previous Owner $148,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/01/2019 10/01/19 Sold $583,000 -2.8% $159 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
08/13/2019 08/13/19 For Sale $599,900 0.0% $163 / Sq Ft
08/05/2019 08/05/19 Pending -- -- --
07/14/2019 07/14/19 Price Changed $599,900 -4.8% $163 / Sq Ft
06/05/2019 06/05/19 For Sale $629,900 -- $171 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,785 $637,591 $164,045 $473,546
2023 $6,785 $612,834 $157,676 $455,158
2022 $6,599 $600,819 $154,585 $446,234
2021 $6,495 $589,039 $151,554 $437,485
2020 $6,506 $583,000 $150,000 $433,000
2019 $6,338 $567,641 $95,582 $472,059
2018 $6,211 $556,511 $93,709 $462,802
2017 $6,099 $545,600 $91,872 $453,728
2016 $5,699 $534,903 $90,071 $444,832
2015 $5,442 $510,000 $150,000 $360,000
2014 $6,113 $480,000 $150,000 $330,000
Source: Public Records

Agents Affiliated with this Home

  • Jeff Maas

    Seller's Agent in 2019

    Jeff Maas

    NATIONAL REALTY GROUP

    (951) 640-1570

    57 Total Sales

    Jeff Maas
    Section Image

  • J

    Buyer's Agent in 2019

    John Nguyen

    Premier Agent Network

    (877) 663-9366

    John Nguyen
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV19133497

California Regional Multiple Listing Service (CRMLS)

APN: 245-250-030

California Riverside County Riverside 92506

17045 Ridge Canyon Dr, Riverside, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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