NOT LISTED FOR SALE

1842 Gladstone Blvd Riverside, CA 92504

Arlington Heights Neighborhood

Estimated Value: $609,899 - $824,000

22.45 Acres
$31,235 Price per Acre
977,922 Sq Ft Lot

Last Sold February 05, 2016

Last sale price $400,000 $333 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,816/month

151 Days on Market

Highlights

  • Home fronts a creek
  • 22.45 Acre Lot
  • No HOA
  • View of Trees or Woods
  • Secluded Lot
  • Agricultural

About This Lot

As of February 2016

Opportunity of a lifetime - Seller is selling off approx 22.45 acres of prime land in high demand location!!!!! Sale includes the following parcels numbers -
242-080-010 offering 14.27 acres with active citrus & avocado grove. Seller earns approx $10K per year just on the citrus. He gives away the avocado's to the care taker. But tons of income potential. 242-080-004 offering 1.09 residential lot with 1200 suare foot house and an amazing yard with tons and tons of mature landscaping a huge pond that was used years ago as a Koi Pond. Truly offering a majestic parklike setting fit for a king! 242-080-003 offering .70 acre zoned residential and finally 242-080-030 offering 6.39 acres zoned for agriculture use. Property comes with 12 share of water stock giving you access to the canal for water. Also comes with fully functional water well & city water for the ranch house. There's a season creek that runs through the property. Two mobile homes - one rented for $1250 per mo. the other one is lived in by one of the owners. The property offers great views, totally private and located in outstanding Riverside location just South of Victoria. This could easily be your dream estate with a working income producing grove-The possibilities are endless!!

Last Agent to Sell the Property

MICHELLE THEISEN

COLDWELL BANKER KIVETT-TEETERS License #01236207 Listed on: 01/26/2016

COLDWELL BANKER KIVETT-TEETERS

Last Buyer's Agent

MICHELLE THEISEN

COLDWELL BANKER KIVETT-TEETERS License #01236207 Listed on: 01/26/2016

COLDWELL BANKER KIVETT-TEETERS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,188

Lot Details

  • 22.45 Acre Lot
  • Home fronts a creek
  • Rural Setting
  • Chain Link Fence
  • Secluded Lot
  • Gentle Sloping Lot
  • Density is 21-25 Units/Acre
  • Property is zoned RA/5

Property Views

  • Woods
  • Orchard Views
  • Creek or Stream

Additional Features

  • Agricultural
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 242080010

Property Details

Property Type

Land

Est. Annual Taxes

$1,188

Lot Details

0

Listing Details

  • Current Use Comments: Grove, residential house
  • Improvements: There is a small house on lot 242-080-004. Needs major work.
  • Other Phone Description: 951-640-3050
  • Possible Use Comments: Citrus Grove, Avocado Grove. Build large estate home with active grove.
  • View: Yes
  • Water Body Name: Riverside
  • Zoning: RA/5
  • Property Type: Land
  • Parcel Number: 242080010
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.41

Exterior Features

  • View: Orchard, Creek/Stream, Trees/Woods
  • Fencing: Chain Link

Utilities

  • Electric: Electricity - On Property
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Rural

Lot Info

  • Lot Features: Agricultural - Tree/Orchard, 21-25 Units/Acre, Gentle Sloping, Lot Over 40000 Sqft, Secluded
  • Lot Size Sq Ft: 977922.00
  • Price Per Lot Square Foot: 0.41
  • Lot Size Acres: 22.4500

Multi Family

  • Lot Size Area: 22.4500 Acres
  • Waterfront Features: Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2016
Closed on
Dec 9, 2015
Sold by
Cerda Fred G
Bought by
Acevedo Jorge
Seller's Agent
MICHELLE THEISEN
COLDWELL BANKER KIVETT-TEETERS
Buyer's Agent
MICHELLE THEISEN
COLDWELL BANKER KIVETT-TEETERS
List Price
$999,900
Sold Price
$400,000
Premium/Discount to List
-$599,900
-60%
Current Estimated Value
$701,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,225
Avg. Annual Appreciation
5.98%
Original Mortgage
$200,000
Outstanding Balance
$158,324
Interest Rate
3.9%
Mortgage Type
Seller Take Back
Estimated Equity
$542,901

Purchase Details

Closed on
May 1, 2007
Sold by
Cerda Fred G
Bought by
Cerda Fred G

Purchase Details

Closed on
May 9, 2003
Sold by
Cerda Richard G
Bought by
Cerda Sally G and Cerda Fred

Purchase Details

Closed on
Dec 1, 1999
Sold by
Galen Cerda Richard
Bought by
Cerda Sally and Cerda Fred

Purchase Details

Closed on
Apr 22, 1994
Sold by
Cerda Sally and Cerda Fred
Bought by
Cerda Sally and Cerda Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 1994
Sold by
Cerda Sally G and Cerda Fred
Bought by
Cerda Sally and Cerda Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Acevedo Jorge $400,000 Ticor Title
Cerda Fred G -- None Available
Cerda Sally G -- --
Cerda Sally -- --
Cerda Sally -- --
Cerda Sally -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acevedo Jorge $200,000
Previous Owner Cerda Sally $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2016 02/05/16 Sold $400,000 -60.0% $333 / Sq Ft
01/28/2016 01/28/16 Pending -- -- --
08/30/2015 08/30/15 For Sale $999,900 -- $833 / 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 $1,188 $110,084 $44,982 $65,102
2023 $1,188 $105,811 $43,236 $62,575
2022 $1,160 $103,738 $42,389 $61,349
2021 $1,158 $101,705 $41,558 $60,147
2020 $1,149 $100,663 $41,132 $59,531
2019 $1,127 $98,690 $40,326 $58,364
2018 $1,105 $96,756 $39,535 $57,221
2017 $1,085 $94,860 $38,760 $56,100
2016 $970 $81,407 $31,303 $50,104
2015 $956 $80,186 $30,834 $49,352
2014 $947 $78,617 $30,231 $48,386
Source: Public Records

Agents Affiliated with this Home

  • MICHELLE THEISEN

    Seller's Agent in 2016

    MICHELLE THEISEN

    COLDWELL BANKER KIVETT-TEETERS

    (951) 315-6255

    54 Total Sales

    MICHELLE THEISEN
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV15193863

California Regional Multiple Listing Service (CRMLS)

APN: 242-080-004

California Riverside County Riverside 92504 Arlington Heights

1842 Gladstone Blvd, Riverside, CA

This home is located at 1842 Gladstone Blvd, Riverside, CA 92504 since 26 January 2016 and is currently estimated at $701,225, approximately $584 per square foot. 1842 Gladstone Blvd is a home located in Riverside County with nearby schools including Washington Elementary School, Matthew Gage Middle School, and Arlington High School.

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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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