NOT LISTED FOR SALE

Estimated Value: $418,000 - $1,293,000

4 Beds
4 Baths
-- Sq Ft
6,915 Sq Ft Lot

Last Sold August 09, 2012

Last sale price $193,050

Est. 264% increase in value since last sale

Current estimated payment $3,925/month

115 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Tile Flooring
  • Cooling System Mounted To A Wall/Window

About This Home

As of August 2012

JUST REDUCED OVER $30,000..... WOW!!!!! This is a great investor's property! Located on a large lot, this single-level building contains 4 identical 1-bedroom 1-bath units. Each has a living room, dining area, kitchen, bedroom and full bathroom. Ceramic tiled floors in good shape. Metal security doors for each unit, and a chain-link fence surrounds this property. Large parking lot in the rear of the property. There is a rear addition laundry room in the back of the building, but the Buyer and Buyer's Agent need to verify if this addition is legally permitted or not, as no warranties or disclosures are made by the Listing Broker. Come and see for yourself to appreciate this special value!!

Last Agent to Sell the Property

Robert Herndon

License #00521443 Listed on: 10/24/2011

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,159

Year Built

  • Built in 1969

Lot Details

  • 6,915

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Parking Available
  • Unassigned Parking

Additional Features

  • Tile Flooring
  • Laundry Room
  • 6,915 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 40
  • Tax Tract Number 2831
  • Assessor Parcel Number 291293008

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,159

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: Main Office
  • Other Phone Number: 951-680-9061
  • Property Type: Residential Income
  • Parcel Number: 291293008
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Levels: One

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6915.00
  • Lot Size Acres: 0.1600

Multi Family

  • Average1 Bed Area: 700
  • Lot Size Area: 6915.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Number With Range: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 40
  • Tax Tract Number: 2831
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2013
Sold by
City Of Moreno Valley
Bought by
Riverside Housing Development Corporatio
Current Estimated Value
$702,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,015
Outstanding Balance
$41,665
Interest Rate
4.55%
Mortgage Type
Seller Take Back
Estimated Equity
$649,499

Purchase Details

Listed on
Oct 24, 2011
Closed on
Aug 7, 2012
Sold by
Federal National Mortgage Association
Bought by
The City Of Moreno Valley
Seller's Agent
Robert Herndon
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$203,500
Sold Price
$193,050
Premium/Discount to List
-$10,450
-5.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%

Purchase Details

Closed on
Aug 25, 2011
Sold by
Conde Oscar and Conde Eleonora E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 15, 2006
Sold by
Lopez Carlos Aguirre
Bought by
Conde Oscar and Conde Eleonora E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 16, 2004
Sold by
Aguirre Alma Patricia
Bought by
Lopez Carlos Aguirre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,920
Interest Rate
5.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 2004
Sold by
Crescitelli Luis M and Frey Wendy S
Bought by
Lopez Carlos Aguirre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,920
Interest Rate
5.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 20, 2003
Sold by
Ruiz Silvia
Bought by
Crescitelli Luis M and Frey Wendy S

Purchase Details

Closed on
Jul 31, 2001
Sold by
Ruiz Ignacio
Bought by
Ruiz Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 10, 2001
Sold by
Lee Pearl F
Bought by
Ruiz Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 2001
Sold by
Lee Pearl
Bought by
Lee Pearl F

Purchase Details

Closed on
Sep 1, 1999
Sold by
Redard Rosalie A
Bought by
Family Trust Of Rosalie A Redard
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Riverside Housing Development Corporatio $193,500 Lawyers Title
The City Of Moreno Valley $193,500 Lawyers Title Company
Federal National Mortgage Association $447,344 Landsafe Title
Conde Oscar $475,000 Orange Coast Title Company
Lopez Carlos Aguirre -- Chicago Title Co
Lopez Carlos Aguirre -- Chicago Title Co
Crescitelli Luis M $179,000 Orange Coast Title Co
Ruiz Silvia -- Orange Coast Title
Ruiz Silvia $140,000 Orange Coast Title
Lee Pearl F -- Orange Coast Title
Redard Rosalie A -- Orange Coast Title
Family Trust Of Rosalie A Redard -- --
Family Trust Of Pearl F Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riverside Housing Development Corporatio $55,015
Previous Owner Riverside Housing Development Corporatio $102,000
Previous Owner Riverside Housing Development Corporatio $75,000
Previous Owner Riverside Housing Development Corporatio $151,174
Previous Owner Riverside Housing Development Corporatio $110,826
Previous Owner Conde Oscar $410,000
Previous Owner Conde Oscar $380,000
Previous Owner Lopez Carlos Aguirre $298,000
Previous Owner Lopez Carlos Aguirre $287,920
Previous Owner Ruiz Silvia $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2012 08/09/12 Sold $193,050 -5.1% --
02/16/2012 02/16/12 Pending -- -- --
10/24/2011 10/24/11 For Sale $203,500 -- --
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 $1,159 $289,524 $61,287 $228,237
2023 $1,159 $278,283 $58,908 $219,375
2022 $899 $272,827 $57,753 $215,074
2021 $899 $267,478 $56,621 $210,857
2020 $899 $264,736 $56,041 $208,695
2019 $899 $259,546 $54,943 $204,603
2018 $755 $254,458 $53,866 $200,592
2017 $604 $249,469 $52,810 $196,659
2016 $1,106 $244,578 $51,775 $192,803
2015 $2,815 $196,907 $50,999 $145,908
2014 $2,654 $193,050 $50,000 $143,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: T11141242

California Regional Multiple Listing Service (CRMLS)

APN: 291-293-008