NOT LISTED FOR SALE

Estimated Value: $872,000 - $952,000

5 Beds
3.5 Baths
3,734 Sq Ft
$244/Sq Ft Est. Value

Last Sold November 08, 2022

Last sale price $835,000 $224 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,760/month

17 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Walk-In Closet
  • Main Floor Bedroom
  • 2 Car Attached Garage
  • Living Room

About This Home

As of November 2022

Don't miss out on this opportunity to own this GORGEOUS home located in the upper hills of Riverside in the desirable Spring Mountain Ranch community! This home features a WHOPPING 3,734 sq feet of space while accentuating natural light and tremendous views! These amazing mountainous views can be enjoyed from multiple windows of the house to go along with the community's tranquility. This home features 6 bedrooms with TWO master bedrooms, and one converted loft. The downstairs master features its own kitchenette area, while the upstairs master suite has its own view with an ENORMOUS walk-in closet. Along with its PAID-OFF 18-panel solar system, this home has been recently renovated with fresh paint, new living room water-proof vinyl flooring, as well as NEW backyard landscaping! This home's open floor plan features plenty of living area space, with its own large laundry unit, and plenty of space for storage. Stay cool inside this home, as the back windows are even tinted to reduce heat. This home also makes the perfect investment opportunity with plenty of space, as it is only minutes away from the renowned University of California, Riverside.

Last Agent to Sell the Property

Ryan McKee

ELEVATE REAL ESTATE AGENCY License #01843253 Listed on: 09/02/2022

ELEVATE REAL ESTATE AGENCY

Co-Listed By

RAVI SHARMA

ELEVATE REAL ESTATE AGENCY License #02150987

Last Buyer's Agent

Ryan McKee

ELEVATE REAL ESTATE AGENCY License #01843253 Listed on: 09/02/2022

ELEVATE REAL ESTATE AGENCY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • 7,841 Sq Ft Lot
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available

Interior Spaces

  • 3,734 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Mountain Views
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 295
  • Assessor Parcel Number 255410002
  • $2,681 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 255410002
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3734.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Dining Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 223.62
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Connected, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 423.00
  • Tax Lot: 33
  • Tax Tract Number: 295...
  • TaxOtherAnnualAssessmentAmount: 2680.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Oct 31, 2022
Sold by
Patnalk Subhasis
Bought by
Mohanty Ingit
Seller's Agent
Ryan McKee
ELEVATE REAL ESTATE AGENCY
Buyer's Agent
Ryan McKee
ELEVATE REAL ESTATE AGENCY
List Price
$859,900
Sold Price
$835,000
Premium/Discount to List
-$24,900
-2.9%
Views
12
Current Estimated Value
$909,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,317
Avg. Annual Appreciation
2.73%
Original Mortgage
$584,500
Outstanding Balance
$565,531
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$343,786

Purchase Details

Listed on
Sep 2, 2022
Closed on
Sep 28, 2022
Sold by
Sharma Ravi and Sharma Vinayak
Bought by
Mohanty Ingit
Seller's Agent
Ryan McKee
ELEVATE REAL ESTATE AGENCY
Buyer's Agent
Ryan McKee
ELEVATE REAL ESTATE AGENCY
List Price
$859,900
Sold Price
$835,000
Premium/Discount to List
-$24,900
-2.9%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,500
Outstanding Balance
$565,531
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$343,786

Purchase Details

Listed on
Apr 27, 2020
Closed on
Jun 4, 2020
Sold by
Probert Karel J
Bought by
Sharma Vinayak and Sharma Jasmine
Seller's Agent
Summer Hollis
Boundless Realty Inc
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$560,000
Sold Price
$545,000
Premium/Discount to List
-$15,000
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.91%
Original Mortgage
$510,400
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2017
Sold by
Sorensen Niels T and Olvera Ruby
Bought by
Probert Karel J

Purchase Details

Closed on
Aug 26, 2015
Sold by
Kb Home Coastal Inc
Bought by
Sorensen Niels T
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
Mohanty Ingit -- Ticor Title
Mohanty Ingit $417,500 --
Sharma Vinayak $545,000 Ticor Title
Probert Karel J -- None Available
Sorensen Niels T $495,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohanty Ingit $584,500
Closed Mohanty Ingit $584,500
Previous Owner Sharma Vinayak $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2022 11/08/22 Sold $835,000 -2.9% $224 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $859,900 +57.8% $230 / Sq Ft
07/02/2020 07/02/20 Sold $545,000 -0.9% $146 / Sq Ft View Prior Sale
06/01/2020 06/01/20 Pending -- -- --
05/18/2020 05/18/20 Price Changed $549,900 -1.8% $147 / Sq Ft
04/27/2020 04/27/20 For Sale $560,000 -- $150 / 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 $12,115 $868,734 $124,848 $743,886
2023 $12,115 $835,000 $120,000 $715,000
2022 $8,788 $555,899 $122,397 $433,502
2021 $8,732 $545,000 $119,998 $425,002
2020 $8,508 $535,802 $129,890 $405,912
2019 $8,391 $525,297 $127,344 $397,953
2018 $8,224 $514,998 $124,848 $390,150
2017 $8,267 $504,900 $122,400 $382,500
2016 $7,846 $495,000 $120,000 $375,000
2015 $2,685 $13,999 $13,999 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22190279

California Regional Multiple Listing Service (CRMLS)

APN: 255-410-002