NOT LISTED FOR SALE

17850 Palm Rd Riverside, CA 92503

Estimated Value: $795,000 - $1,070,000

3 Beds
2 Baths
1,970 Sq Ft
$496/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $870,000 $442 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,020/month

5 Days on Market

Highlights

  • Horse Property
  • Lake View
  • No HOA
  • Lake Mathews Elementary School Rated A-
  • 10 Acre Lot
  • Laundry Room

About This Home

As of August 2021

This is a wonderful property with endless opportunities to make this your perfect home, investment, business or more! At the top of the property you have a beautiful view of Lake Mathews and almost everywhere on the property a stunning Riverside skyline view. This single story, low-tax home has been meticulously maintained and ready for immediate move-in! The main house has 3 bedrooms, 2 baths with fresh paint, multiple living areas, new septic installed in 2020, brand new concrete on the patio and the new sidewalk and garage driveway, new water heater for the house and brand new energy efficient windows installed in 2021. Neutral white paint throughout, newer carpet, and window treatments on almost every window for privacy.
Interior laundry room with plenty of storage and natural light. There's a detached 4 car garage with a full bathroom, small utility or office room, and it's extra-deep for storage with a rough-finish on the drywall. The garage COULD be used as an ADU with proper investigations and due diligence. The property has new fencing posts as you're entering and a freshly graded dirt driveway and is about half way fenced around the entire private 10 acres. There are beautiful 100-200 year old Juniper trees and plenty of flat usable land, slight-grade land as well as opportunity for whatever your wishes may be! Current zoning shows A-2 which allows for single family residential and agriculture in nature including cultivation of crops, raising of animals and commercial agriculture purposes.

Last Agent to Sell the Property

Jennifer Wentz

Berkshire Hathaway HomeServices California Properties License #01947492 Listed on: 07/02/2021

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Allison Garcia

HERITAGE HOME REALTY License #01314942

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,006

Year Built

  • Built in 1973

Lot Details

  • 10 Acre Lot
  • Rural Setting
  • Property is zoned A-2-10

Parking

  • 4 Car Garage

Property Views

  • Lake
  • Mountain

Interior Spaces

  • 1,970 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • No Heating
  • Well
  • Conventional Septic

Additional Features

  • Horse Property
  • Agricultural

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot UNKN
  • Assessor Parcel Number 273270003

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,006

Year Built

Built in 1973

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: two refrigerators
  • Property Attached: No
  • View: Yes
  • Zoning: A-2-10
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 273270003
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1970.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 441.62
  • Room Type: All Bedrooms Down

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Conventional Septic
  • Water Source: Public, Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural, Horse Property, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 435600.00
  • Lot Size Acres: 10.0000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 435600.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 420.08
  • Tax Lot: UNKN
  • Tax Tract Number: UNKN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Jul 15, 2021
Sold by
Davis John N and Davis Craig A
Bought by
Nguyen Kelly H
Seller's Agent
Jennifer Wentz
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Allison Garcia
HERITAGE HOME REALTY
List Price
$800,000
Sold Price
$870,000
Premium/Discount to List
$70,000
8.75%
Total Days on Market
5
Current Estimated Value
$977,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,191
Avg. Annual Appreciation
2.41%

Purchase Details

Closed on
Dec 23, 2020
Sold by
Davis Lloyd Edward and Davis Barbara Lorraine
Bought by
Davis Family Trust and Davis

Purchase Details

Closed on
Jan 4, 1995
Sold by
Davis Lloyd E and Davis Barbara L
Bought by
Davis Lloyd E and Davis Barbara L
Source: Public Records

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Range of Values:

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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
Nguyen Kelly H $870,000 Landwood Title
Davis Lloyd E -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $870,000 +8.8% $442 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $800,000 -- $406 / 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
2023 $10,006 $887,400 $153,000 $734,400
2022 $9,739 $870,000 $150,000 $720,000
2021 $3,720 $326,220 $124,004 $202,216
2020 $1,259 $111,290 $47,517 $63,773
2019 $1,235 $109,109 $46,586 $62,523
2018 $1,211 $106,971 $45,674 $61,297
2017 $1,189 $104,875 $44,779 $60,096
2016 $1,116 $102,819 $43,901 $58,918
2015 $1,101 $101,277 $43,243 $58,034
2014 $1,090 $99,296 $42,397 $56,899
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21102743

California Regional Multiple Listing Service (CRMLS)

APN: 273-270-003