NOT LISTED FOR SALE

240 E Big Springs Rd Riverside, CA 92507

University Neighborhood

Estimated Value: $584,585 - $641,000

3 Beds
2 Baths
1,456 Sq Ft
$421/Sq Ft Est. Value

Last Sold February 19, 2014

Last sale price $308,000 $212 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $3,545/month

6 Days on Market

Highlights

  • City Lights View
  • Family Room Off Kitchen
  • Laundry Room
  • No HOA
  • 2 Car Attached Garage
  • 2-minute walk to Islander Park

About This Home

As of February 2014

Excellent opportunity for first time buyers or Investors. Beautiful 3 bed 1.75 bath home located with in one-quarter of a mile of the University of California, Riverside. This property has been recently updated with newer exterior paint, double pane windows, Corian counter tops, etc. Yards have complete irrigation systems. ISLAND PARK located across the street with beautiful foothills view. This is a must see property!

Last Agent to Sell the Property

Tara Cavazos

FIRST CHOICE REALTY SOLUTIONS License #01809823 Listed on: 01/13/2014

Last Buyer's Agent

Peggy Chuang

Summit Mortgage & Realty License #01327833

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 6,970 Sq Ft Lot
  • Front and Back Yard Sprinklers
  • Back and Front Yard

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Canyon
  • Mountain

Interior Spaces

  • 1,456 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 422
  • Assessor Parcel Number 258152006

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 258152006
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1456.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Family Kitchen
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 211.54
  • Room Type: All Bedrooms Down

Exterior Features

  • View: City Lights, Canyon, Mountain(s)
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Lot Features: Back Yard, Front Yard, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 0422

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2022
Sold by
Chen Chihyuan and Chen Li W
Bought by
Cyd & Lwc Family Revocable Trust
Current Estimated Value
$612,396

Purchase Details

Listed on
Jan 13, 2014
Closed on
Jan 23, 2014
Sold by
Gansereit Jake and Gansereit Renae
Bought by
Chen Chih Yuan
Seller's Agent
Tara Cavazos
FIRST CHOICE REALTY SOLUTIONS
Buyer's Agent
Peggy Chuang
Summit Mortgage & Realty
List Price
$310,000
Sold Price
$308,000
Premium/Discount to List
-$2,000
-0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$200,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 1998
Sold by
Mikeal Roose and Mikeal Pamela Roose
Bought by
Gansereit Jake and Gansereit Renae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,482
Interest Rate
7.15%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Cyd & Lwc Family Revocable Trust -- None Listed On Document
Chen Chihyuan -- None Listed On Document
Chen Chih Yuan $308,000 Ticor Title Company Of Ca
Gansereit Jake $114,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Chih Yuan $200,000
Previous Owner Gansereit Jake $113,482
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2014 02/19/14 Sold $308,000 -0.6% $212 / Sq Ft
01/19/2014 01/19/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $310,000 -- $213 / 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 $4,117 $377,553 $98,060 $279,493
2023 $4,117 $362,894 $94,254 $268,640
2022 $4,024 $355,779 $92,406 $263,373
2021 $3,975 $348,804 $90,595 $258,209
2020 $3,945 $345,229 $89,667 $255,562
2019 $3,871 $338,460 $87,909 $250,551
2018 $3,796 $331,825 $86,186 $245,639
2017 $3,729 $325,320 $84,497 $240,823
2016 $3,490 $318,942 $82,841 $236,101
2015 $3,441 $314,153 $81,598 $232,555
2014 $1,609 $148,473 $52,092 $96,381
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Tara Cavazos

    FIRST CHOICE REALTY SOLUTIONS

    (909) 626-8989

    Tara Cavazos
    Section Image

  • P

    Buyer's Agent in 2014

    Peggy Chuang

    Summit Mortgage & Realty

    (626) 786-1868

    1 Total Sale

    Peggy Chuang
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14010871

California Regional Multiple Listing Service (CRMLS)

APN: 258-152-006

California Riverside County Riverside 92507 University

240 E Big Springs Rd, Riverside, CA

Not Listed for Sale

Detached

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