18761 Hermosa St Riverside, CA 92508
Estimated Value: $886,317 - $995,000
5
Beds
3.5
Baths
3,488
Sq Ft
$268/Sq Ft
Est. Value
Highlights
- Gunite Pool
- Orchard Views
- Home Office
- John F. Kennedy Elementary School Rated A-
- Loft
- Hiking Trails
About This Home
As of March 2021Expansive 3488 sq ft custom estate with pool, spa and lighted tennis court. Situated on sprawling .94 acre lot, perfect for a large family and has fantastic income potential perfect for Air B&B. Exquisite large master suite with en-suite bathroom that leads out to a new large deck overlooking the pool and orange grove. Formal dining room, living room and expansive family room with custom wet bar, fireplace and private entrance.. Enjoy a cold beverage in your large Luxurious back patio overlooking pool/spa with lush mature landscaping and fruit trees. Owners have recently invested over $37k renovating the new heater/ac, new air ducts and insulation. This exceptionally rare custom estate with sophisticated design and architecture features is surrounded by lush mature landscaping. Property has a beautiful Valencia orange grove and also has an incredible entertainment area perfect for weddings and large family events.
Last Agent to Sell the Property
First Team Real Estate License #01255812 Listed on: 02/04/2021
Last Buyer's Agent
KENT D. PATEL
Better Homes & Gardens Real Estate / JFF License #01241596
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,784
Year Built
- Built in 1981
Lot Details
- 0.94
Parking
- 2 Car Attached Garage
Property Views
- Orchard Views
- Pool Views
Interior Spaces
- 3,488 Sq Ft Home
- Formal Entry
- Family Room with Fireplace
- Living Room
- Home Office
- Loft
- Bonus Room
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
Utilities
- Central Air
- Conventional Septic
Additional Features
- Gunite Pool
- 0.94 Acre Lot
- Urban Location
- Agricultural
Community Details
- Hiking Trails
- Bike Trail
Listing and Financial Details
- Tax Tract Number 88007
- Assessor Parcel Number 280230020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 4, 2021
Closed on
Mar 9, 2021
Sold by
Sevaly Tara Lynette and Sevaly Russel Morgan
Bought by
Xiao Sizhang and Liang Jie
Seller's Agent
Thomas Koretke
First Team Real Estate
Buyer's Agent
KENT D. PATEL
Better Homes & Gardens Real Estate / JFF
List Price
$699,000
Sold Price
$669,000
Premium/Discount to List
-$30,000
-4.29%
Total Days on Market
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,329
Avg. Annual Appreciation
8.24%
Original Mortgage
$501,750
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 1, 2021
Sold by
Russell Michael Warren
Bought by
Russell Michael Warren and The Michael Warren Russell Tru
Similar Homes in Riverside, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Xiao Sizhang | $334,500 | Wfg National Title | |
| Russell Michael Warren | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Xiao Sizhang | $700,000 | |
| Closed | Xiao Sizhang | $501,750 | |
| Previous Owner | Russell Michael W | $64,500 | |
| Previous Owner | Russell Michael W | $30,000 | |
| Previous Owner | Russell Michael W | $470,000 | |
| Previous Owner | Russell Michael W | $120,000 | |
| Previous Owner | Russell Michael W | $100,000 | |
| Previous Owner | Russell Michael W | $50,000 | |
| Previous Owner | Russell Michael W | $324,000 | |
| Previous Owner | Russell Michael W | $255,713 | |
| Previous Owner | Russell Michael W | $75,400 | |
| Previous Owner | Russell Michael W | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2021 03/31/21 | Sold | $669,000 | -4.3% | $192 / Sq Ft |
| 02/08/2021 02/08/21 | Pending | -- | -- | -- |
| 02/04/2021 02/04/21 | For Sale | $699,000 | -- | $200 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,784 | $696,027 | $156,060 | $539,967 |
| 2022 | $7,575 | $682,380 | $153,000 | $529,380 |
| 2021 | $3,153 | $282,810 | $81,809 | $201,001 |
| 2020 | $3,128 | $279,911 | $80,971 | $198,940 |
| 2019 | $3,069 | $274,424 | $79,384 | $195,040 |
| 2018 | $3,007 | $269,044 | $77,829 | $191,215 |
| 2017 | $2,953 | $263,769 | $76,303 | $187,466 |
| 2016 | $2,760 | $258,598 | $74,807 | $183,791 |
| 2015 | $2,722 | $254,716 | $73,685 | $181,031 |
| 2014 | $2,697 | $249,729 | $72,243 | $177,486 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas Koretke
Seller's Agent in 2021
Thomas Koretke
First Team Real Estate
(760) 716-6771
1 in this area
8 Total Sales
-
K
Buyer's Agent in 2021
KENT D. PATEL
Better Homes & Gardens Real Estate / JFF
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NDP2101262
APN: 280-230-020
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