NOT LISTED FOR SALE

Estimated Value: $1,765,000

0.4 Acre
$4,412,500 Price per Acre
17,424 Sq Ft Lot

Last Sold January 05, 2023

Last sale price $780,000

Est. 126% increase in value since last sale

Current estimated payment $10,274/month

990 Days on Market

Highlights

  • 0.4 Acre Lot
  • Neighborhood Views
  • Rectangular Lot
  • No HOA

About This Lot

As of January 2023

Great Location & Potential!! Mixed Use Zoning Corner Vacant Lot, 17,424 sf (purchase with adjacent lot together). Ready to build. Opportunity for Multi Residential with Retail shops near University of California of Riverside! Continue growing and close to Freeways No. 60, 91, 215. Excellent vacant lot on the very busy and heavy traffic street. Just next to Walgreen drug store. High Traffic intersection of University & half block from Chicago St. Close to Freeways, Downtown, schools, shopping centers, restaurants, markets, and more!

Last Agent to Sell the Property

Lena Byun

New Star Realty & Investment License #01827068 Listed on: 02/20/2020

New Star Realty & Investment

Last Buyer's Agent

Krystal Ramos

Saga Inc License #02085154

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,768

Lot Details

  • 0.4 Acre Lot
  • Rectangular Lot
  • Property is zoned Mixed Use

Additional Features

  • Neighborhood Views
  • Water Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 211183023

Property Details

Property Type

Land

Est. Annual Taxes

$8,768

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: Mixed Use
  • Property Type: Land
  • Parcel Number: 211183023
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 44.77

Exterior Features

  • View: Neighborhood

Utilities

  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 17424.00
  • Lot Size Acres: 0.4000

Multi Family

  • Lot Size Area: 17424.0000 Square Feet

Tax Info

  • Tax Census Tract: 305.01
  • Tax Lot: 46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2024
Sold by
Ucr 1775 Development Llc
Bought by
1775 University Llc
Current Estimated Value
$1,765,000

Purchase Details

Listed on
Feb 20, 2020
Closed on
Dec 22, 2022
Sold by
Rhees Family Trust
Bought by
Ucr 1775 Development Llc
Seller's Agent
Lena Byun
New Star Realty & Investment
Buyer's Agent
Krystal Ramos
Saga Inc
List Price
$820,000
Sold Price
$780,000
Premium/Discount to List
-$40,000
-4.88%

Purchase Details

Closed on
Nov 13, 2013
Sold by
Rhee Grace M
Bought by
Rhee S Family Trust

Purchase Details

Closed on
Aug 22, 2007
Sold by
Rhee Howard
Bought by
Rhee Grace M

Purchase Details

Closed on
Aug 2, 2007
Sold by
Athens Mortgage Inc
Bought by
Rhee Grace M

Purchase Details

Closed on
Jul 11, 2007
Sold by
Mendez Isela Valenzuela
Bought by
Athens Mortgage Inc

Purchase Details

Closed on
Aug 16, 2005
Sold by
Mendez Isela Valenzuela and Valenzuela Isela
Bought by
Mendez Isela Valenzuela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2004
Sold by
Sergigla Investments Corp
Bought by
Valenzuela Isela

Purchase Details

Closed on
Nov 20, 1996
Sold by
Valenzuela Gilbert
Bought by
City Of Riverside
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
1775 University Llc $37,000 Fidelity National Title Compan
Ucr 1775 Development Llc $1,560,000 First American Title
Rhee S Family Trust -- None Available
Rhee Grace M -- Alliance Title Company
Rhee Grace M $595,000 Alliance Title Company
Athens Mortgage Inc -- Alliance Title Company
Mendez Isela Valenzuela -- Itc Sb
Valenzuela Isela -- Investors Title Company
City Of Riverside -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valenzuela Isela $200,000
Previous Owner Mendez Isela Valenzuela $176,000
Previous Owner Sergigla Investment Corp $11,500
Previous Owner Sergigla Investments Corporation $367,697
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2023 01/05/23 Sold $780,000 -4.9% --
11/06/2022 11/06/22 Pending -- -- --
10/13/2022 10/13/22 For Sale $820,000 0.0% --
09/14/2022 09/14/22 Price Changed $820,000 +13.9% --
07/08/2021 07/08/21 Pending -- -- --
07/06/2021 07/06/21 Price Changed $720,000 +2.9% --
05/25/2021 05/25/21 Price Changed $700,000 0.0% --
05/25/2021 05/25/21 For Sale $700,000 +2.2% --
03/05/2021 03/05/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $685,000 -12.2% --
10/20/2020 10/20/20 Pending -- -- --
10/13/2020 10/13/20 Off Market $780,000 -- --
09/13/2020 09/13/20 Price Changed $685,000 +5.4% --
05/08/2020 05/08/20 For Sale $650,000 -16.7% --
05/04/2020 05/04/20 Off Market $780,000 -- --
03/11/2020 03/11/20 Price Changed $650,000 -5.1% --
02/20/2020 02/20/20 For Sale $685,000 -- --
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 $8,768 $1,197,480 $1,197,480 --
2023 $8,768 $751,186 $751,186 $0
2022 $6,184 $550,361 $550,361 $0
2021 $5,282 $466,408 $466,408 $0
2020 $5,048 $444,198 $444,198 $0
2019 $4,953 $435,488 $435,488 $0
2018 $4,952 $435,488 $435,488 $0
2017 $4,960 $435,488 $435,488 $0
2016 $4,732 $435,488 $435,488 $0
2015 $4,515 $414,750 $414,750 $0
2014 $4,349 $395,000 $395,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20039605

California Regional Multiple Listing Service (CRMLS)

APN: 211-183-023