NOT LISTED FOR SALE

Estimated Value: $2,790,000 - $2,882,732

6 Beds
11 Baths
14,540 Sq Ft
$195/Sq Ft Est. Value

Last Sold November 06, 2012

Last sale price $1,950,000 $134 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $16,897/month

83 Days on Market

Highlights

  • Indoor Pool
  • RV Garage
  • Automatic Gate
  • Wine Cellar
  • Primary Bedroom Suite
  • Panoramic View

About This Home

As of November 2012

Nestled against the hills above Canyon Crest, amongst the large granite boulders, rests an architectural masterpiece and one-of-a-kind luxury estate. From the moment one drives up the gated entrance, up the private winding road, one is in awe of the unique estate. The tranquil setting, mature landscaping, hardscape, and breath taking views are like no other in Southern California. This sprawling 10-acre estate demonstrates Southern California living at its finest, bringing a marriage of outdoor and indoor living. Designed and constructed by the late Ken Newby, this contemporary styled home embraces sweeping views of downtown Riverside, San Bernardino Mountains, and the city lights below. The interior of the home is a palatial 14,000+/- square feet, 5 bedrooms, 11 bathrooms, guest house, gourmet kitchen, library, fitness room, “night-club”, band stand, bar, elevator, bank vault, wine cellar, and much more. The estate has an indoor pool and spa with waterfalls, boulders, swim up bar with a curved glass ceiling. Details include massive wood handcrafted entry doors, stunning marble flooring, exotic Australian Lacewood cabinets, sauna and hot tub, and granite accents. For the car enthusiast, there is a 12 car garage, including RV, and oil changing pit.

Last Agent to Sell the Property

Brent Lee

Tower Agency License #01292311 Listed on: 07/06/2012

Tower Agency

Co-Listed By

Collette Lee

Tower Agency License #00936810

Last Buyer's Agent

Richard Tamayo

TAMAYO & ASSOC. R.E. License #01091316

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 10 Acre Lot
  • Security Fence
  • Wrought Iron Fence
  • Secluded Lot

Parking

  • 12 Car Attached Garage
  • Parking Available
  • Up Slope from Street
  • Driveway
  • Automatic Gate
  • RV Garage

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Hills
  • Rock

Home Design

  • Custom Home
  • Contemporary Architecture

Interior Spaces

  • 14,540 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Bar
  • Two Story Ceilings
  • Skylights
  • Double Door Entry
  • Wine Cellar
  • Great Room
  • Living Room with Fireplace
  • Library with Fireplace
  • Workshop
  • Home Gym
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Maid or Guest Quarters

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Indoor Pool
  • In Ground Pool
  • In Ground Spa
  • Waterfall Pool Feature

Additional Features

  • Outdoor Grill
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 243030038

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

Parking

12

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate, Smoke Detector(s), Security System
  • View: Yes
  • Architectural Style: Custom Built, Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 243030038
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 14540.00
  • Interior Amenities: Bar, Elevator, Open Floorplan, Two Story Ceilings, Wet Bar
  • Flooring: Carpet, Stone, Tile
  • Appliances: Yes
  • Full Bathrooms: 8
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: Double Door Entry, Service Entrance
  • Fireplace Features: Library, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 134.11
  • Room Type: Dressing Area, Entry, Guest/Maid's Quarters, Great Room, Exercise Room, Library, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Closet, Wine Cellar, Workshop
  • Spa Features: In Ground
  • Window Features: Skylight(s)

Exterior Features

  • View: City Lights, Hills, Mountain(s), Panoramic, Rocks
  • Fence: Yes
  • Fencing: Security, Wrought Iron
  • Pool Features: In Ground, Indoor, Waterfall
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 12.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Gated, Oversized, RV Garage, RV Access/Parking

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Electric Cooking, Disposal
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Lot Over 40000 Sqft, Rocks, Secluded, Up Slope from Street
  • Lot Size Sq Ft: 435600.00
  • Lot Size Acres: 10.0000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 435600.0000 Square Feet

Tax Info

  • Tax Lot: 0000
  • Tax Tract Number: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2017
Sold by
Rangel Martin and Rangel Patricia
Bought by
Arroyos Martin Rangel and Rangel Patricia Cejade
Current Estimated Value
$2,836,366

Purchase Details

Listed on
Jul 6, 2012
Closed on
Nov 5, 2012
Sold by
City Naitonal Bank
Bought by
Rangel Martin and Rangel Patricia
Seller's Agent
Brent Lee
Tower Agency
Buyer's Agent
Richard Tamayo
TAMAYO & ASSOC. R.E.
List Price
$1,999,000
Sold Price
$1,950,000
Premium/Discount to List
-$49,000
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%
Original Mortgage
$962,500
Outstanding Balance
$171,350
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$2,665,016

Purchase Details

Closed on
May 11, 2012
Sold by
Newby Wilton K
Bought by
City National Bank

Purchase Details

Closed on
Jun 7, 2007
Sold by
Newby Wilton K
Bought by
Newby Wilton K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving
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
Arroyos Martin Rangel -- None Available
Rangel Martin -- Stewart Title Of Ca Inc
City National Bank $1,672,652 None Available
Newby Wilton K -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rangel Martin $962,500
Previous Owner Newby Wilton K $1,900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2012 11/06/12 Sold $1,950,000 -2.5% $134 / Sq Ft
07/06/2012 07/06/12 For Sale $1,999,000 -- $137 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $25,838 $2,401,273 $615,708 $1,785,565
2023 $25,838 $2,308,030 $591,800 $1,716,230
2022 $25,246 $2,262,776 $580,197 $1,682,579
2021 $24,834 $2,218,409 $568,821 $1,649,588
2020 $24,645 $2,195,663 $562,989 $1,632,674
2019 $24,177 $2,152,611 $551,950 $1,600,661
2018 $23,701 $2,110,404 $541,128 $1,569,276
2017 $23,276 $2,069,024 $530,518 $1,538,506
2016 $21,763 $2,028,456 $520,116 $1,508,340
2015 $21,457 $1,997,988 $512,304 $1,485,684
2014 $21,260 $1,958,853 $502,270 $1,456,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I12083958

California Regional Multiple Listing Service (CRMLS)

APN: 243-030-038