NOT LISTED FOR SALE

1849 N Orange St Unit 3 Riverside, CA 92501

Northside Neighborhood

Estimated Value: $539,000 - $926,000

9 Beds
4 Baths
3,065 Sq Ft
$264/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $809,000 $264 Per Sq Ft

Current estimated payment $5,043/month

50 Days on Market

Highlights

  • Detached Guest House
  • 0.44 Acre Lot
  • Oversized Parking
  • Second Garage
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of April 2023

Great Rental location. This property is a 5 bedroom, 2-bathroom front house with 2 detached additional units, (1 bedroom/1 bathroom & a 3 bedroom/1 bathroom). Each unit has separate electric meters. All 3 units were renovated in recent years with updated kitchens, bathrooms, heating/cooling units, flooring and fixtures. Each unit has its own laundry. The front house has central HVAC, covered car port and a walk-out basement that is approximately 1000 sq ft but not included in overall size calculations (perfect for storage, gym or workshop.) The 1 bedroom/1 bathroom unit includes a garage and oversized covered carport. The 3 bedroom/1 bathroom unit has a mini split HVAC unit and includes 2 covered carport spaces. The property is over sized allowing for each unit to have plenty of room for outdoor space, parking and privacy. Completely fenced with gated entry. Good Rental history with no long-term vacancies. This unique property is a great investment to add to your rental portfolio

Last Agent to Sell the Property

COLLEEN HORGAN

COLDWELL BANKER REALTY License #01744762 Listed on: 01/15/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

MARIAM FALTAS

EINSTEIN REALTY License #02009458

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,095

Year Built

  • Built in 1901

Lot Details

  • 0.44 Acre Lot
  • Property is zoned R1065

Parking

  • 1 Car Garage
  • 5 Carport Spaces
  • Second Garage
  • Oversized Parking
  • Parking Available
  • Driveway

Home Design

  • Split Level Home
  • Turnkey

Interior Spaces

  • 3,065 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Additional Homes

  • Detached Guest House

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 60
  • Assessor Parcel Number 209033036
  • $66 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,095

Year Built

Built in 1901

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Price Per Unit: 266600
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 1163.00
  • Zoning: R1065
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 209033036
  • Year Built: 1901
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Multi/Split
  • Price Per Square Foot: 263.95

Exterior Features

  • Other Structures: Guest House, Guest House Detached, Second Garage, Second Garage Detached
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 5.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport, Detached Carport, Driveway, Garage, Oversized
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 19166.00
  • Lot Size Acres: 0.4400

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 500 Square Feet
  • Average2 Bed Area: 750 Square Feet
  • Average3 Bed Area: 1815 Square Feet
  • Gross Scheduled Income: 60600.00
  • Insurance Expense: 1629.00
  • Lot Size Area: 19166.0000 Square Feet
  • Net Operating Income: 56848.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 3752.00
  • Rent Control: No
  • Total Actual Rent: 5050.00
  • Total Expenses: 3752.00

Tax Info

  • Tax Census Tract: 301.04
  • Tax Lot: 60
  • Tax Tract Number: 0000
  • TaxOtherAnnualAssessmentAmount: 66.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2023
Closed on
Mar 15, 2023
Sold by
Hamm Melissa
Bought by
Gomez George M & Alice A Revocable Trust
Seller's Agent
COLLEEN HORGAN
COLDWELL BANKER REALTY
Buyer's Agent
MARIAM FALTAS
EINSTEIN REALTY
List Price
$799,800
Sold Price
$809,000
Premium/Discount to List
$9,200
1.15%
Views
854
Current Estimated Value
$808,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$813
Avg. Annual Appreciation
-0.04%

Purchase Details

Closed on
Jul 21, 2022
Sold by
Hamm and Melissa
Bought by
Mt Hamm Trust

Purchase Details

Closed on
Nov 19, 2018
Sold by
Ervin Matthew D
Bought by
Hamm Thomas and Doddridge Melissa A

Purchase Details

Closed on
Oct 19, 2016
Sold by
Ervin Matthew D
Bought by
Ervin Matthew D

Purchase Details

Closed on
Oct 29, 2014
Sold by
Ervin Sue C
Bought by
Ervin Matthew D and Sue Ervin Revocable Living Trust 2009

Purchase Details

Closed on
Mar 3, 1994
Sold by
Alverz Gumercinda
Bought by
Alverez Eladio
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
Gomez George M & Alice A Revocable Trust $809,000 Ticor Title
Mt Hamm Trust -- None Listed On Document
Hamm Thomas -- Newman D
Hamm Thomas $279,000 Usa National Title Company
Ervin Matthew D -- None Available
Ervin Matthew D -- None Available
Alverez Eladio -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2023 04/13/23 Sold $809,000 +1.2% $264 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
01/15/2023 01/15/23 For Sale $799,800 -- $261 / 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 $9,095 $841,683 $252,817 $588,866
2023 $9,095 $299,142 $64,331 $234,811
2022 $3,329 $293,277 $63,070 $230,207
2021 $3,292 $287,528 $61,834 $225,694
2020 $3,267 $284,580 $61,200 $223,380
2019 $3,206 $279,000 $60,000 $219,000
2018 $473 $34,804 $14,181 $20,623
2017 $466 $34,122 $13,903 $20,219
2016 $441 $33,454 $13,631 $19,823
2015 $434 $244,794 $81,598 $163,196
2014 $428 $32,307 $13,163 $19,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23007881

California Regional Multiple Listing Service (CRMLS)

APN: 209-033-036