NOT LISTED FOR SALE

1744 Palermo Dr Riverside, CA 92507

Estimated Value: $549,000 - $571,187

3 Beds
2.5 Baths
1,819 Sq Ft
$308/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $390,000 $214 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,607/month

31 Days on Market

Highlights

  • Primary Bedroom Suite
  • 2 Car Attached Garage
  • Tile Countertops
  • Private Yard
  • Eat-In Kitchen
  • Living Room

About This Home

As of October 2020

Beautiful newly renovated Mediterranean style 4BR/2.5BA home located in the quiet and nice community of Aldea Village. Open layout design. Entry level includes large living room kitchen and easy access to the attached two car garage. Large kitchen has a walk-in pantry, breakfast counter and nook. Laundry room is adjacent, with a convenient hall closet in between. Large master suite at the end of second floor hallway. Large master bathroom with dual-sink, standing shower and a huge bathtub, plus a walk-in closet. Opposite of the master bedroom, three good size bedrooms, with a dual sink full bath. Double paneled windows throughout the house, Recessed lighting, Two garage parking and one guest parking next to the garage with direct access. HOA well maintains the landscape with drought tolerant plants and mature trees, clubhouse and huge green area great for family and friends. Conveniently close to Downtown Riverside, the 215/91/60 Freeway, and ONLY 2 miles to University of California Riverside.

Last Agent to Sell the Property

Daniel Hong

GRACE & GLORY REAL ESTATE GROUP License #01790683 Listed on: 06/23/2020

Last Buyer's Agent

Chante Melton

KeyBank Real Estate License #01713743

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 2,614 Sq Ft Lot
  • Private Yard

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Planned Development

Interior Spaces

  • 1,819 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 74
  • Tax Tract Number 30907
  • Assessor Parcel Number 210210036

Community Details

Overview

  • Aldea Village Homeowners Association, Phone Number (800) 428-5588
  • First Service Residential HOA

Amenities

  • Community Barbecue Grill

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 210210036
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1819.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 214.40
  • Room Type: All Bedrooms Up, Living Room, Master Suite
  • Bathroom Features: Double Sinks In Bath(s), Double Sinks In Master Bath
  • Room Kitchen Features: Tile Counters

Exterior Features

  • 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: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue
  • Association Fee: 175.00
  • Association Fee Frequency: Monthly
  • Association Name: Aldea Village Homeowners Association
  • Phone: 800-428-5588
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks
  • Association Management: First Service Residential

Lot Info

  • Additional Parcels: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 301.01
  • Tax Lot: 74
  • Tax Tract Number: 30907

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Oct 8, 2020
Sold by
Shi Hang and Wei Jianmei
Bought by
Denis Kevin and Denis Porscha
Seller's Agent
Daniel Hong
GRACE & GLORY REAL ESTATE GROUP
Buyer's Agent
Chante Melton
KeyBank Real Estate
List Price
$380,000
Sold Price
$390,000
Premium/Discount to List
$10,000
2.63%
Current Estimated Value
$560,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,797
Avg. Annual Appreciation
7.21%
Original Mortgage
$267,602
Outstanding Balance
$237,479
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$323,318

Purchase Details

Closed on
Feb 22, 2016
Sold by
Wei Jianmei
Bought by
Shi & Wei Family Trust

Purchase Details

Closed on
Nov 13, 2009
Sold by
Shi Hang
Bought by
Wei Jian Mei

Purchase Details

Closed on
Nov 9, 2009
Sold by
Hong Yuxin
Bought by
Wei Jian Mei

Purchase Details

Closed on
Jun 21, 2007
Sold by
Yh Riverside 30907 Llc
Bought by
Hong Yuxin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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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Purchase History

Date Buyer Sale Price Title Company
Denis Kevin $390,000 Wfg National Title Company
Shi & Wei Family Trust -- None Available
Wei Jian Mei -- None Available
Wei Jian Mei $170,000 None Available
Hong Yuxin $345,000 Orange Coast Title Company O
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denis Kevin $267,602
Previous Owner Hong Yuxin $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2020 10/15/20 Sold $390,000 0.0% $214 / Sq Ft
07/31/2020 07/31/20 Off Market $390,000 -- --
07/26/2020 07/26/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $380,000 0.0% $209 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
06/24/2020 06/24/20 Price Changed $380,000 0.0% $209 / Sq Ft
06/24/2020 06/24/20 For Sale $380,000 -- $209 / 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 $6,036 $422,144 $75,766 $346,378
2023 $6,036 $405,754 $72,825 $332,929
2022 $5,901 $397,799 $71,398 $326,401
2021 $5,815 $390,000 $69,999 $320,001
2020 $3,758 $200,637 $47,206 $153,431
2019 $3,687 $196,704 $46,281 $150,423
2018 $3,643 $192,848 $45,374 $147,474
2017 $3,604 $189,068 $44,485 $144,583
2016 $3,465 $185,362 $43,613 $141,749
2015 $3,436 $182,580 $42,959 $139,621
2014 $3,498 $179,005 $42,118 $136,887
Source: Public Records

Agents Affiliated with this Home

  • Daniel Hong

    Seller's Agent in 2020

    Daniel Hong

    GRACE & GLORY REAL ESTATE GROUP

    (626) 500-9506

    50 Total Sales

    Daniel Hong
    Section Image

  • C

    Buyer's Agent in 2020

    Chante Melton

    KeyBank Real Estate

    (909) 980-6100

    6 Total Sales

    Chante Melton
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20120141

California Regional Multiple Listing Service (CRMLS)

APN: 210-210-036

California Riverside County Riverside 92507

1744 Palermo Dr, Riverside, CA

Not Listed for Sale

Detached

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