NOT LISTED FOR SALE

1877 Marlborough Ave Riverside, CA 92507

Estimated Value: $536,454 - $970,000

4 Beds
2 Baths
1,507 Sq Ft
$438/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $305,000 $202 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,819/month

8 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Tile Flooring
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window
  • Fenced

About This Home

As of March 2017

Two separate houses. Big lot with lemon and avocado tree. 2 car garage. Alley access. Ideal for investor or for owner user.

Last Agent to Sell the Property

Estela Castro

Dynasty Real Estate License #1079967 Listed on: 12/21/2016

Last Buyer's Agent

Juan Carlos Castro

Pacific Realty Center License #1079967

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,863

Year Built

  • Built in 1957

Lot Details

  • 9,148 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Fenced
  • Fence is in average condition

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,507 Sq Ft Home
  • Tile Flooring
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 39
  • Tax Tract Number 144
  • Assessor Parcel Number 210060039

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $850
  • Water Sewer Expense $760
  • New Taxes Expense $1,920
  • Operating Expense $3,530
  • Gross Income $23,400
  • Net Operating Income $19,870

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,863

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s)
  • View: No
  • Water Sewer Expenses: 760.00
  • Zoning: R1
  • Property Type: Residential Income
  • Parcel Number: 210060039
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 202.39
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9148.00

Multi Family

  • Average1 Bed Area: 712 Square Feet
  • Average2 Bed Area: 795 Square Feet
  • Gross Income: 23400.00
  • Gross Scheduled Income: 23400.00
  • Insurance Expense: 850.00
  • Net Operating Income: 19870.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 3530.00
  • Rent Control: No
  • Total Actual Rent: 1950.00
  • Total Expenses: 3530.00

Tax Info

  • New Taxes Expense: 1920.00
  • Tax Census Tract: 301.01
  • Tax Lot: 39
  • Tax Tract Number: 144

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2020
Sold by
Dejesus Perez Maria
Bought by
Dejesus Perez Maria and The Maria De Jesus Perez Livin
Current Estimated Value
$659,614

Purchase Details

Listed on
Dec 21, 2016
Closed on
Feb 9, 2017
Sold by
Perez Maria De Jesus
Bought by
Martinez Juan Perez
Seller's Agent
Estela Castro
Dynasty Real Estate
Buyer's Agent
Estela Castro
Dynasty Real Estate
List Price
$310,000
Sold Price
$305,000
Premium/Discount to List
-$5,000
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%

Purchase Details

Closed on
Apr 23, 2002
Sold by
Prochaska Constance Jean
Bought by
Maciel Uber and Maciel Yesenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,837
Interest Rate
6.74%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 2000
Sold by
Garvey James C
Bought by
Garvey James Christopher
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
Dejesus Perez Maria -- None Available
Martinez Juan Perez -- Fidelity National Title
Maciel Uber $140,000 Commonwealth Land Title Co
Garvey James Christopher -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maciel Uber $137,837
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2017 03/24/17 Sold $305,000 -1.6% $202 / Sq Ft
12/29/2016 12/29/16 Pending -- -- --
12/27/2016 12/27/16 For Sale $310,000 +1.6% $206 / Sq Ft
12/23/2016 12/23/16 Off Market $305,000 -- --
12/21/2016 12/21/16 For Sale $310,000 -- $206 / 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 $3,863 $353,971 $104,449 $249,522
2023 $3,863 $340,228 $100,394 $239,834
2022 $3,775 $333,558 $98,426 $235,132
2021 $3,731 $327,019 $96,497 $230,522
2020 $3,703 $323,667 $95,508 $228,159
2019 $3,633 $317,322 $93,636 $223,686
2018 $3,563 $311,100 $91,800 $219,300
2017 $2,079 $178,184 $57,269 $120,915
2016 $1,948 $174,692 $56,147 $118,545
2015 $1,920 $172,069 $55,304 $116,765
2014 $1,902 $168,701 $54,222 $114,479
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR16766954

California Regional Multiple Listing Service (CRMLS)

APN: 210-060-039