NOT LISTED FOR SALE

20050 Gustin Rd Perris, CA 92570

Estimated Value: $421,000 - $622,000

3 Beds
2 Baths
1,286 Sq Ft
$430/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $430,000 $334 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,228/month

10 Days on Market

Highlights

  • 2.5 Acre Lot
  • Fireplace
  • Cooling Available
  • No HOA
  • 1 Car Attached Garage
  • Laundry Room

About This Home

As of April 2024

Golden Opportunity! Nestled on a sprawling 2.5-acre parcel in beautiful private location, this fixer-upper property is a diamond in the rough waiting for your vision and expertise. With endless potential, this expansive lot offers a rare chance to create your dream estate.
The property's generous acreage provides ample space for your imagination to run wild, whether you desire to remodel the current residence or even the possibility of development. The location speaks for itself, offering the perfect blend of tranquility and convenience. Situated away from the busyness of the city, you'll enjoy the serene, private atmosphere, yet you're still close to freeways and shopping for all your needs.
Don't miss this rare opportunity to turn your real estate dreams into reality. With a creative touch, this hidden gem can become a masterpiece. Explore the potential and make your mark in this highly desirable location. Your dream property awaits!

Last Agent to Sell the Property

Elijah Weeks

Kase Real Estate Brokerage Phone: 951-603-4305 License #02145909 Listed on: 03/05/2024

Co-Listed By

Richard Mulder

Kase Real Estate Brokerage Phone: 951-603-4305 License #01733815

Last Buyer's Agent

George Ruiz

VIP RE Firm License #01781774

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 2.5 Acre Lot
  • Rural Setting
  • Rectangular Lot
  • Density is 2-5 Units/Acre
  • Property is zoned R-A-1

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 1st floor
  • Major Repairs Completed
  • Fixer Upper

Interior Spaces

  • 1,286 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Location

  • Suburban Location

Utilities

  • Cooling Available
  • Central Heating
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0980
  • Tax Tract Number 98035
  • Assessor Parcel Number 287190008
  • $28 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: R-A-1
  • Property Condition: Fixer, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 287190008
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1286.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 334.37

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Unknown
  • Water Source: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot Over 40000 Sqft, Rectangular Lot
  • Lot Size Sq Ft: 108900.00
  • Lot Size Acres: 2.5000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 108900.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 429.03
  • Tax Lot: 0980
  • Tax Tract Number: 098035
  • TaxOtherAnnualAssessmentAmount: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Mar 20, 2024
Sold by
J Throop Living Trust and Throop Jeffrey A
Bought by
Casanova Jorge A
Seller's Agent
Elijah Weeks
Kase Real Estate
Buyer's Agent
George Ruiz
VIP RE Firm
List Price
$499,000
Sold Price
$430,000
Premium/Discount to List
-$69,000
-13.83%
Views
88
Current Estimated Value
$552,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,497
Avg. Annual Appreciation
15.59%

Purchase Details

Closed on
Jul 25, 2019
Sold by
Throop Jeffrey A
Bought by
Throop Jeffrey A

Purchase Details

Closed on
May 15, 2019
Sold by
Jones Gary R
Bought by
Blue Properties Inc

Purchase Details

Closed on
Mar 19, 2019
Sold by
Jones Gary R
Bought by
Jones Gary R

Purchase Details

Closed on
Nov 30, 2018
Sold by
Jones Gary R
Bought by
Jones Gary R

Purchase Details

Closed on
Mar 25, 1998
Sold by
Bangma Ronald J
Bought by
Jones Gary Richard

Purchase Details

Closed on
Apr 8, 1996
Sold by
Serna Joann and King Ronald J
Bought by
Jones Gary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7.41%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 13, 1995
Sold by
Bangma Ronald J
Bought by
Bangma Ronald and Bangma Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,654
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 1994
Sold by
Serna Joann and King Ronald J
Bought by
Bangma Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,250
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 1994
Sold by
Bangma Dana
Bought by
Bangma Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,250
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Casanova Jorge A $430,000 None Listed On Document
Throop Jeffrey A -- None Available
Blue Properties Inc -- None Available
Jones Gary R -- None Available
Jones Gary R -- None Available
Jones Gary R -- None Available
Jones Gary Richard $74,001 --
Jones Gary R $46,000 Orange Coast Title
Bangma Ronald -- Gateway Title Company
Bangma Ronald J $115,000 Gateway Title
Bangma Ronald J -- Gateway Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Gary R $36,000
Previous Owner Bangma Ronald $22,654
Previous Owner Bangma Ronald J $111,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2024 04/15/24 Sold $430,000 -13.8% $334 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $499,000 -- $388 / 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 $4,067 $438,599 $131,581 $307,018
2023 $4,067 $353,824 $117,941 $235,883
2022 $3,948 $346,887 $115,629 $231,258
2021 $3,871 $340,086 $113,362 $226,724
2020 $3,832 $336,600 $112,200 $224,400
2019 $1,839 $174,393 $115,720 $58,673
2018 $1,812 $170,974 $113,451 $57,523
2017 $1,768 $167,623 $111,227 $56,396
2016 $1,746 $164,338 $109,047 $55,291
2015 $1,719 $161,871 $107,410 $54,461
2014 $1,697 $158,703 $105,307 $53,396
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24044812

California Regional Multiple Listing Service (CRMLS)

APN: 287-190-008