NOT LISTED FOR SALE

18140 Iris Ave Riverside, CA 92508

Estimated Value: $127,990 - $1,034,000

0.86 Acre
$628,195 Price per Acre
37,462 Sq Ft Lot

Last Sold September 22, 2014

Last sale price $75,000

Est. 620% increase in value since last sale

Current estimated payment $2,914/month

405 Days on Market

Highlights

  • Mountain View
  • Frank Augustus Miller Middle School Rated A-
  • No HOA

About This Lot

As of September 2014

Lot in the Middle of Woodcrest very close to Van Buren but accessed off a long Access Easement so it offers superb privacy but close to local services. The property had a double-wide Mobile home that was removed years ago, but has existing Electric Meter, Water meter and gas meter. Buyers to satisfy themselves regarding zoning, usage etc

Last Agent to Sell the Property

ROBERT SHEARER

ROBERT L SHEARER, BROKER License #01142316 Listed on: 07/24/2013

Last Buyer's Agent

ROBERT SHEARER

ROBERT L SHEARER, BROKER License #01142316 Listed on: 07/24/2013

Property Details

Property Type

  • Land

Lot Details

  • 0.86 Acre Lot
  • Chain Link Fence
  • Property is zoned A 1-1

Property Views

  • Mountain Views

Utilities

  • Overhead Utilities
  • Conventional Septic

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number 280100013

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Ingress Egress: EASEMENT
  • View: Yes
  • Zoning: A 1-1
  • Property Type: Land
  • Parcel Number: 280100013
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 2.00

Exterior Features

  • View: Mountain(s)
  • Fencing: Chain Link

Utilities

  • Sewer: Conventional Septic

Condo/Co-op/Association

  • Association: No
  • Community Features: Valley

Lot Info

  • Current Geological: No
  • Lot Features: Utilities - Overhead
  • Lot Size Sq Ft: 37462.00
  • Lot Size Acres: 0.8600

Multi Family

  • Lot Size Area: 37462.0000 Square Feet

Tax Info

  • Tax Lot: 59
  • Tax Rate: 719.14
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2016
Sold by
Shaverdi Nader
Bought by
Alvarado Rafael Garcia
Current Estimated Value
$540,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$50,016
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$490,232

Purchase Details

Closed on
Feb 25, 2016
Sold by
Shearer Robert L
Bought by
Shaverdi Nader

Purchase Details

Listed on
Jul 24, 2013
Closed on
Sep 9, 2014
Sold by
Shaverdi Nader
Bought by
Shearer Robert L
Seller's Agent
ROBERT SHEARER
ROBERT L SHEARER, BROKER
Buyer's Agent
ROBERT SHEARER
ROBERT L SHEARER, BROKER
List Price
$150,000
Sold Price
$75,000
Premium/Discount to List
-$75,000
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.15%
Original Mortgage
$65,000
Interest Rate
4.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 3, 2009
Sold by
Lindholm Frank
Bought by
Shearer Robert L and Shaverdi Nader

Purchase Details

Closed on
Aug 2, 2006
Sold by
Shearer Robert L and Shaverdi Nader
Bought by
Lindholm Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.51%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 31, 2003
Sold by
Shaverdi Jaklin A
Bought by
Shaverdi Nader

Purchase Details

Closed on
Oct 28, 2003
Sold by
Petralia Benjamin J
Bought by
Shearer Robert L and Shaverdi Nader

Purchase Details

Closed on
Aug 19, 1999
Sold by
Petralia Rosalie V
Bought by
Petralia Rosalie and Petralia Benjamin J
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

Date Buyer Sale Price Title Company
Alvarado Rafael Garcia $80,000 First American Title Company
Shaverdi Nader $67,479 Accommodation
Shearer Robert L $75,000 Westminster Title
Shearer Robert L $40,000 Orange Coast Title
Lindholm Frank $215,000 Investors Title Company
Shaverdi Nader -- Investors Title Company
Shearer Robert L $65,000 Investors Title Company
Petralia Rosalie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarado Rafael Garcia $60,000
Previous Owner Shearer Robert L $65,000
Previous Owner Lindholm Frank $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2014 09/22/14 Sold $75,000 -50.0% --
09/02/2014 09/02/14 Pending -- -- --
07/24/2013 07/24/13 For Sale $150,000 -- --
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 $1,005 $92,843 $92,843 --
2023 $1,005 $89,239 $89,239 $0
2022 $979 $87,490 $87,490 $0
2021 $961 $85,775 $85,775 $0
2020 $954 $84,896 $84,896 $0
2019 $936 $83,232 $83,232 $0
2018 $917 $81,600 $81,600 $0
2017 $901 $80,000 $80,000 $0
2016 $930 $86,676 $86,676 $0
2015 $917 $85,375 $85,375 $0
2014 $737 $67,753 $67,753 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    ROBERT SHEARER

    ROBERT L SHEARER, BROKER

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV13146398

California Regional Multiple Listing Service (CRMLS)

APN: 280-100-013

California Riverside County Riverside 92508

18140 Iris Ave, Riverside, CA

Not Listed for Sale

Lots

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