$312,000
SOLD SEP 3, 2018

2015 Thornton St Riverside, CA 92507

3 Beds
2 Baths
1,110 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$281 Per Sq Ft

2% Above List Price

8 Days on Market

Highlights

  • Corner Lot
  • Two Homes on a Lot
  • Laundry Room
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring

About This Home

As of September 2018

Just listed - good investment opportunity. Two separate units. One is a two-bedroom, one bathroom unit that has been rehabbed and updated. The other one is a one bedroom, one bathroom unit. Both units's windows have been replaced. There is also a two car garage for the larger unit. Both units have plenty of parking and separate covered & fenced storage areas/patios. Tenants would like to be able to stay in the property with the new buyer, if possible.

Last Agent to Sell the Property

Vicki Lynn Pedersen

VICKI L. PEDERSEN, BROKER License #01435175 Listed on: 07/23/2018

Co-Listed By

Don Pedersen

VICKI L. PEDERSEN, BROKER License #01367292

Last Buyer's Agent

Greg Helms

National Realty Group License #01316225

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,799

Year Built

  • Built in 1958

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot
  • Rectangular Lot
  • Density is 2-5 Units/Acre
  • Property is zoned R1

Parking

  • 2 Car Garage

Interior Spaces

  • 1,110 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Homes

  • Two Homes on a Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 210071027

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,799

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 900.00
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 210071027
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 281.08

Exterior Features

  • Other Structures: Two On A Lot
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 85.56
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot, Rectangular Lot
  • Lot Size Sq Ft: 7405.00

Multi Family

  • Gross Income: 22800.00
  • Gross Scheduled Income: 22800.00
  • Insurance Expense: 926.00
  • Net Operating Income: 20503.44
  • 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
  • Number Wall A C: 3
  • Number With Carpet: 2
  • Number With Range: 2
  • Operating Expense: 2297.00
  • Rent Control: No
  • Total Actual Rent: 1900.00
  • Total Expenses: 2296.56

Tax Info

  • New Taxes Expense: 385.00
  • Tax Area: 009158
  • Tax Census Tract: 301.01
  • Tax Lot: 16
  • Tax Tract Number: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2020
Sold by
Garcia Noe A and Vargas Ronnie A
Bought by
Agustin Garcia Noe
Current Estimated Value
$601,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$248,448
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$352,895

Purchase Details

Listed on
Jul 23, 2018
Closed on
Aug 3, 2018
Sold by
Turner Barbara
Bought by
Garcia Noe A and Vargas Ronnie A
Seller's Agent
Vicki Lynn Pedersen
VICKI L. PEDERSEN, BROKER
Buyer's Agent
Greg Helms
National Realty Group
List Price
$305,000
Sold Price
$312,000
Premium/Discount to List
$7,000
2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%
Original Mortgage
$249,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2014
Sold by
Wilde & Esparza Real Estate Group Llc
Bought by
Turner Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,109
Interest Rate
3.61%
Mortgage Type
FHA

Purchase Details

Closed on
May 29, 2012
Sold by
Wilde Paul M
Bought by
Wilde & Esparza Real Estate Group Llc

Purchase Details

Closed on
Aug 11, 2011
Sold by
Afc Group Llc
Bought by
Wilde Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 2009
Sold by
U S Bank National Association
Bought by
Afc Group Llc

Purchase Details

Closed on
Apr 15, 2008
Sold by
Romero Isela
Bought by
Lasalle Bank Na and Mlmi Trust Series 2007-Sd1

Purchase Details

Closed on
Dec 19, 2006
Sold by
Romero Isela
Bought by
Campbell Michael A

Purchase Details

Closed on
Jan 3, 2006
Sold by
Aijala Curtis and Aijala Marjorie
Bought by
Romero Isela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
9.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2003
Sold by
Bernal Pedro
Bought by
Aijala Curtis and Aijala Marjorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,400
Interest Rate
5.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 21, 2003
Sold by
Bernal Pedro
Bought by
Bernal Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
5.82%
Mortgage Type
Commercial

Purchase Details

Closed on
May 9, 2000
Sold by
Bernal Pedro
Bought by
Bernal Pedro and Cadena Felicitas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,317
Interest Rate
8.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 2, 1997
Sold by
Bernal Pedro and Adame Luis
Bought by
Bernal Pedro

Purchase Details

Closed on
Jun 27, 1996
Sold by
Cadenas Felicitas
Bought by
Bernal Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,235
Interest Rate
8.01%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 1996
Sold by
Hulstine David W and Hulstine Cynthia J
Bought by
Bernal Pedro and Adame Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,235
Interest Rate
8.01%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 1995
Sold by
Hud
Bought by
Hulstine David W and Hulstine Cynthia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 1995
Sold by
Alvarez Alfredo and Alvarez Alicia
Bought by
Countrywide Funding Corp

Purchase Details

Closed on
Jan 11, 1995
Sold by
Countrywide Funding Corp
Bought by
Hud

Purchase Details

Closed on
Sep 12, 1994
Sold by
Girard Roland and Girard Candida R
Bought by
Alvarez Alfredo and Alvarez Alicia

Purchase Details

Closed on
May 24, 1994
Sold by
Alvarez Alfredo and Alvarez Alicia
Bought by
Girard Roland and Girard Candida R
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed $312,000 Chicago Title Inland Empire
Grant Deed $270,000 First American Title Company
Grant Deed $165,000 None Available
Grant Deed $165,000 First American Title Company
Grant Deed $130,000 Lsi Title Company Ca
Trustee Deed $226,675 None Available
Grant Deed -- Accommodation
Grant Deed $410,000 United Title Company
Grant Deed $221,181 United Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- First American Title Ins Co
Grant Deed $77,000 First American Title Ins Co
Grant Deed $48,000 Commonwealth Land Title Co
Trustee Deed $125,798 Stewart Title
Corporate Deed -- Stewart Title
Grant Deed -- --
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Closed $249,600 New Conventional
Previous Owner $265,109 FHA
Previous Owner $123,750 Commercial
Previous Owner $328,000 Purchase Money Mortgage
Previous Owner $170,400 Commercial
Previous Owner $49,000 Commercial
Previous Owner $11,317 Commercial
Previous Owner $77,235 FHA
Previous Owner $50,000 Commercial
Closed $21,300 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2018 09/03/18 Sold $312,000 0.0% $281 / Sq Ft
08/01/2018 08/01/18 Off Market $312,000 -- --
07/31/2018 07/31/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $305,000 +13.0% $275 / Sq Ft
03/10/2015 03/10/15 Sold $270,000 +14.9% $158 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
09/17/2014 09/17/14 For Sale $235,000 -- $138 / 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 $3,799 $348,036 $83,661 $264,375
2023 $3,799 $334,523 $80,413 $254,110
2022 $3,713 $327,965 $78,837 $249,128
2021 $3,669 $321,536 $77,292 $244,244
2020 $3,642 $318,240 $76,500 $241,740
2019 $3,574 $312,000 $75,000 $237,000
2018 $3,273 $285,189 $84,500 $200,689
2017 $3,215 $279,598 $82,844 $196,754
2016 $3,010 $274,117 $81,220 $192,897
2015 $1,924 $172,438 $52,253 $120,185
2014 $1,906 $169,063 $51,231 $117,832
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18177044

California Regional Multiple Listing Service (CRMLS)

APN: 210-071-027