NOT LISTED FOR SALE

19450 Spalding Ave Riverside, CA 92508

Estimated Value: $823,000 - $996,000

4 Beds
3 Baths
2,790 Sq Ft
$314/Sq Ft Est. Value

Last Sold August 17, 2012

Last sale price $365,000 $131 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $5,314/month

4 Days on Market

Highlights

  • Horse Property Unimproved
  • View of Hills
  • Covered patio or porch
  • Two Primary Bedrooms
  • No HOA
  • Workshop

About This Home

As of August 2012

Standard Sale!Beautiful single story with granite counter tops, stainless steel appliances, vaulted ceilings, wood floors, plantation shutters, newer paint/carpet & a detached shop (aprox 1,250 sq ft) with 12 foot roll-up door, parking for 5 cars, room for work trucks/tractors, office with french doors to separate entrance, full bath,and 15 ft ceiling.Tired of "tract home" living,need more ROOM?Here it is,nearly 1 ACRE with block wall all around, RV access on both sides of property, mature landscaping, and yet...sill only minutes from all the conveniences of "Orangecrest." Just minutes to shopping, schools, and restaurants.Easy access to either the 91 or 215 freeways. If you are looking for a newer home with the ultimate detached "man cave," shop, office, studio...this is it!3 bedrooms at 1 end of the of the house,4th bedroom on the other end is huge with separate entrance to rear patio.Could be 2nd master bedroom with full bath adjacent.Kitchen opens to large family room with fireplace.Living room with plenty of space for entertaining.Formal dining rm overlooks lush rear yard.Rear patio with BBQ island, large lawn, and separate playground area. Master suite with private west facing patio, perfect for enjoying sunsets.Come look Sat (14th) from 12pm-4pm

Last Agent to Sell the Property

Leah Monks

Quantum Realtors License #01465662 Listed on: 07/13/2012

Last Buyer's Agent

Gary Sparks

Gary Sparks, Broker License #01715723

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,945

Year Built

  • Built in 2003

Lot Details

  • 0.83 Acre Lot
  • Block Wall Fence
  • Sprinklers Throughout Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Turnkey
  • Stucco

Interior Spaces

  • 2,790 Sq Ft Home
  • Family Room with Fireplace
  • Workshop
  • Views of Hills
  • Breakfast Bar
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Additional Features

  • Covered patio or porch
  • Horse Property Unimproved
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 266272007

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,945

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 266272007
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2790.00
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 130.82
  • Room Type: Family Room, Master Bedroom, Walk-In Closet, Two Masters, Workshop

Exterior Features

  • Patio: Yes
  • View: Hills
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Horse Property Unimproved, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer
  • Lot Size Sq Ft: 36155.00
  • Lot Size Acres: 0.8300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 36155.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2012
Closed on
Jul 26, 2012
Sold by
Frakes Johnnie L and Frakes Irene K
Bought by
Olsen Jordan M and Olsen Fabiola
Seller's Agent
Leah Monks
Quantum Realtors
Buyer's Agent
Gary Sparks
Gary Sparks, Broker
List Price
$371,000
Sold Price
$365,000
Premium/Discount to List
-$6,000
-1.62%
Total Days on Market
4
Current Estimated Value
$876,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,499
Avg. Annual Appreciation
7.07%
Original Mortgage
$292,000
Outstanding Balance
$203,394
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$673,105

Purchase Details

Closed on
Apr 12, 2008
Sold by
Frakes Johnnie and Frakes Irene K
Bought by
Frakes Johnnie L and Frakes Irene K

Purchase Details

Closed on
Jan 30, 2004
Sold by
Frakes Johnnie and Frakes Irene K
Bought by
Frakes Johnnie and Frakes Irene K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2003
Sold by
Woodcrest Property Development
Bought by
Frakes Johnny and Frakes Irene R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 12, 2002
Sold by
Smith Michelle A
Bought by
Smith Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,300
Interest Rate
6.06%
Mortgage Type
Construction
Source: Public Records

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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
Olsen Jordan M $365,000 Lawyers Title
Frakes Johnnie L -- None Available
Frakes Johnnie -- Diversified Title & Escrow S
Frakes Johnny $300,000 Fidelity National Title
Woodcrest Property Development -- Diversified Title & Escrow S
Smith Joel -- Fntic
Smith Joel $46,000 Fntic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olsen Jordan M $100,000
Open Olsen Jordan M $292,000
Previous Owner Frakes Johnnie $100,000
Previous Owner Frakes Johnnie $312,000
Previous Owner Frakes Johnny $244,000
Previous Owner Smith Joel $183,300
Closed Frakes Johnny $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2012 08/17/12 Sold $365,000 -1.6% $131 / Sq Ft
07/20/2012 07/20/12 Price Changed $371,000 0.0% $133 / Sq Ft
07/20/2012 07/20/12 For Sale $371,000 +3.3% $133 / Sq Ft
07/17/2012 07/17/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $359,000 -- $129 / 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
2023 $4,945 $432,005 $129,599 $302,406
2022 $4,800 $423,535 $127,058 $296,477
2021 $4,706 $415,231 $124,567 $290,664
2020 $4,658 $410,974 $123,290 $287,684
2019 $4,373 $402,917 $120,873 $282,044
2018 $4,311 $395,017 $118,504 $276,513
2017 $4,209 $387,273 $116,181 $271,092
2016 $4,160 $379,680 $113,903 $265,777
2015 $4,097 $373,979 $112,193 $261,786
2014 $4,047 $366,656 $109,997 $256,659
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: K12087589

California Regional Multiple Listing Service (CRMLS)

APN: 266-272-007