NOT LISTED FOR SALE

Estimated Value: $594,000 - $709,173

5 Beds
2 Baths
1,596 Sq Ft
$412/Sq Ft Est. Value

Last Sold December 04, 2017

Last sale price $425,000 $266 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,070/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • Tile Flooring
  • Polytechnic High School Rated A-
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of December 2017

Great 2 unit property on lot nestled in a quiet Riverside neighborhood. Both units offer a fresh coat of paint in and out, fenced yards, rich laminate flooring throughout the living areas, and ceiling fans in bedrooms. In each unit, the kitchens were updated with quartz counters, new stainless steel appliances, and white panel cabinets! Unit 2243 is in the front and has 3 bedroom, 1 bathroom, and an attached 1 car. Unit 2245 has 2 bedrooms with plush carpeting and 1 full bathroom with a lovely tile surround. Close to local schools, several eateries, Downtown Riverside, and has quick freeway access as well. Don’t miss this fantastic duplex – just the investment opportunity you’ve been looking for!

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 10/06/2017

Last Buyer's Agent

Joe Garcia

CHAMPIONS REAL ESTATE License #01734973

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,253

Year Built

  • Built in 1914 | Remodeled

Lot Details

  • 6,534 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Front Yard Sprinklers
  • Back and Front Yard

Home Design

  • Duplex
  • Traditional Architecture
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,596 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • Carport
  • Parking Available

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 83
  • Assessor Parcel Number 221024016

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,700
  • Net Operating Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,253

Year Built

Built in 1914 | Remodeled

Lot Details

0

Listing Details

  • Other Phone Number: 866-640-3040
  • Property Attached: No
  • View: No
  • Zoning: R2
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 221024016
  • Year Built: 1914
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 266.29
  • Room Type: Living Room

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block, Chain Link, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Microwave
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinklers In Front
  • Lot Size Sq Ft: 6534.00

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 2700.00
  • Gross Scheduled Income: 32400.00
  • Net Operating Income: 32400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 305.02
  • Tax Lot: 83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2017
Closed on
Nov 27, 2017
Sold by
Hollyvale Rental Holdings Llc
Bought by
Gonzalez Claudia Judith and Gonzalez Jose Roberto
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Joe Garcia
CHAMPIONS REAL ESTATE
List Price
$419,900
Sold Price
$425,000
Premium/Discount to List
$5,100
1.21%
Current Estimated Value
$663,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,350
Avg. Annual Appreciation
6.27%
Original Mortgage
$417,302
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 2017
Sold by
Palivan Vassana
Bought by
Hollyvale Rental Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
4.03%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 17, 2014
Closed on
Jun 19, 2014
Sold by
Pham Liem Cao
Bought by
Palivan Vassana
Seller's Agent
Loan Pham
Loan Pham, Broker
Buyer's Agent
Tuan Nguyen
Total Funding & Realty
List Price
$325,000
Sold Price
$290,000
Premium/Discount to List
-$35,000
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$279,837
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 2009
Sold by
Gatlin Venture
Bought by
Pham Liem Cao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
4.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 14, 2008
Sold by
Diaz Heriberto Anguiano and Anguiano Lucia Guzman
Bought by
Gatlin Venture
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
Gonzalez Claudia Judith $425,000 Fidelity National Title Comp
Hollyvale Rental Holdings Llc $273,000 Accommodation
Palivan Vassana $290,000 Pacific Coast Title Company
Pham Liem Cao $250,000 Ntc
Gatlin Venture $59,800 Ntc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Claudia Judith $408,394
Closed Gonzalez Claudia Judith $409,469
Closed Gonzalez Claudia Judith $417,302
Previous Owner Hollyvale Rental Holdings Llc $79,000
Previous Owner Hollyvale Rental Holdings Llc $218,400
Previous Owner Palivan Vassana $279,837
Previous Owner Pham Liem Cao $162,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2017 12/04/17 Sold $425,000 +1.2% $266 / Sq Ft
10/12/2017 10/12/17 Pending -- -- --
10/06/2017 10/06/17 For Sale $419,900 +44.8% $263 / Sq Ft
07/01/2014 07/01/14 Sold $290,000 -10.8% $182 / Sq Ft
04/17/2014 04/17/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $325,000 -- $204 / 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 $5,253 $483,573 $91,023 $392,550
2023 $5,253 $464,797 $87,490 $377,307
2022 $5,134 $455,684 $85,775 $369,909
2021 $5,065 $446,750 $84,094 $362,656
2020 $5,027 $442,170 $83,232 $358,938
2019 $4,933 $433,500 $81,600 $351,900
2018 $4,837 $425,000 $80,000 $345,000
2017 $3,514 $306,307 $95,059 $211,248
2016 $3,290 $300,302 $93,196 $207,106
2015 $3,539 $295,794 $91,798 $203,996
2014 $2,065 $183,830 $78,783 $105,047
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17228828

California Regional Multiple Listing Service (CRMLS)

APN: 221-024-016