NOT LISTED FOR SALE

2449 Rancho Dr Riverside, CA 92507

Eastside Neighborhood

Estimated Value: $726,000 - $904,000

4 Beds
3 Baths
2,507 Sq Ft
$313/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $810,000 $323 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,534/month

39 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Laundry Room
  • 1 Attached Carport Space
  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of April 2024

This property was completely remodeled in 2019 with a new roof, A/C, flooring, windows, updated bathrooms, and a fully remodeled kitchen including both cabinets and countertops. This property is located in a desirable Riverside neighborhood that is close to freeways and shopping centers and close to beautiful downtown Riverside.

Last Agent to Sell the Property

Ralph Osborne

Nordine Realty, Inc Brokerage Phone: 562-201-5330 License #00644301 Listed on: 02/10/2024

Last Buyer's Agent

Rodrigo Franco

RE/MAX TIME REALTY License #01917532

RE/MAX TIME REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 8,712 Sq Ft Lot
  • Property is zoned R1065

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,507 Sq Ft Home
  • 1-Story Property
  • Free-Standing Range
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 4 Parking Spaces
  • 1 Attached Carport Space
  • Parking Available
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 5
  • Assessor Parcel Number 221191005
  • $66 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Zoning: R1065
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 221191005
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Primary Bedroom
  • Levels: One
  • Price Per Square Foot: 323.10

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Attached Carport, Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range
  • 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: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Lot Size Area: 8712.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Actual Rent: 4740.00

Tax Info

  • Tax Census Tract: 304.00
  • Tax Lot: 5
  • TaxOtherAnnualAssessmentAmount: 66.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2024
Closed on
Mar 22, 2024
Sold by
Digran Karapetian Family Trust and Karapetian Jennifer
Bought by
Zambrano Mario
Seller's Agent
Ralph Osborne
Nordine Realty, Inc
Buyer's Agent
Rodrigo Franco
RE/MAX TIME REALTY
List Price
$800,000
Sold Price
$810,000
Premium/Discount to List
$10,000
1.25%
Views
50
Current Estimated Value
$790,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,080
Avg. Annual Appreciation
-1.84%
Original Mortgage
$607,500
Outstanding Balance
$597,411
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$186,862

Purchase Details

Closed on
Jan 3, 2022
Sold by
Digran Karapetian
Bought by
Digran Karapetian Family Trust

Purchase Details

Closed on
Sep 25, 2021
Sold by
Karapetian Digran
Bought by
Karapetian Digran and Karapetian Rina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2020
Sold by
Karapetian Digran
Bought by
Karapetian Digran and Karapetian Rina

Purchase Details

Listed on
Jun 23, 2019
Closed on
Dec 3, 2019
Sold by
Karapetian Rina
Bought by
Karapetian Digran
Seller's Agent
Robert May
UPTOWN REALTORS
Buyer's Agent
Ralph Osborne
Nordine Realty, Inc
List Price
$474,500
Sold Price
$415,000
Premium/Discount to List
-$59,500
-12.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%
Original Mortgage
$324,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2019
Closed on
Nov 27, 2019
Sold by
May Robert J
Bought by
Karapetian Digran and Karapetian Rina
Seller's Agent
Robert May
UPTOWN REALTORS
Buyer's Agent
Ralph Osborne
Nordine Realty, Inc
List Price
$474,500
Sold Price
$415,000
Premium/Discount to List
-$59,500
-12.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 28, 2018
Closed on
Dec 4, 2018
Sold by
Medina Patricia May
Bought by
Medina Robert J
Seller's Agent
Karen Whitman
KAREN L WHITMAN, BROKER
Buyer's Agent
Karen Whitman
KAREN L WHITMAN, BROKER
List Price
$300,000
Sold Price
$285,000
Premium/Discount to List
-$15,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.82%

Purchase Details

Closed on
Oct 2, 2018
Sold by
Allard Terreace A
Bought by
May Robert J

Purchase Details

Closed on
Jan 16, 2001
Sold by
Clipper Etta J
Bought by
Clipper Etta J

Purchase Details

Closed on
Oct 18, 2000
Sold by
Clipper Etta J
Bought by
Clipper Etta J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zambrano Mario $810,000 Wfg National Title
Digran Karapetian Family Trust -- Sandoval Legacy Group
Karapetian Digran -- Sandoval Legacy Group
Karapetian Digran -- Accommodation
Karapetian Digran -- Stewart Title Guaranty Co
Karapetian Digran -- Stewart Title Guaranty Co
Karapetian Digran -- None Available
Karapetian Digran -- Chicago Title Company
Karapetian Digran $405,000 Chicago Title
Medina Robert J -- Chicago Title Company Ie
May Robert J $285,000 Chicago Title Company Ie
Clipper Etta J -- Fidelity National Title Ins
Clipper Etta J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zambrano Mario $607,500
Previous Owner Karapetian Digran $350,000
Previous Owner Karapetian Digran $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2024 04/12/24 Sold $810,000 +1.3% $323 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
02/10/2024 02/10/24 For Sale $800,000 +92.8% $319 / Sq Ft
11/30/2019 11/30/19 Sold $415,000 +3.8% $218 / Sq Ft View Prior Sale
10/04/2019 10/04/19 Pending -- -- --
09/25/2019 09/25/19 Price Changed $399,900 -4.5% $210 / Sq Ft
08/16/2019 08/16/19 Price Changed $418,900 -2.3% $220 / Sq Ft
07/30/2019 07/30/19 Price Changed $428,900 -4.7% $225 / Sq Ft
07/08/2019 07/08/19 Price Changed $449,900 -5.2% $236 / Sq Ft
06/23/2019 06/23/19 For Sale $474,500 +66.5% $249 / Sq Ft
01/04/2019 01/04/19 Sold $285,000 -5.0% $149 / Sq Ft View Prior Sale
09/28/2018 09/28/18 Pending -- -- --
09/28/2018 09/28/18 For Sale $300,000 -- $157 / 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 $4,818 $826,199 $247,861 $578,338
2023 $4,818 $425,724 $73,581 $352,143
2022 $4,709 $417,378 $72,139 $345,239
2021 $4,648 $409,195 $70,725 $338,470
2020 $4,613 $405,000 $70,000 $335,000
2019 $4,079 $356,999 $71,401 $285,598
2018 $863 $76,663 $8,569 $68,094
2017 $847 $75,160 $8,401 $66,759
2016 $796 $73,687 $8,237 $65,450
2015 $783 $72,582 $8,114 $64,468
2014 $773 $71,162 $7,956 $63,206
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Ralph Osborne

    Nordine Realty, Inc

    (562) 944-9774

    1 in this area

    9 Total Sales

    Ralph Osborne
    Section Image
  • Rodrigo Franco

    Buyer's Agent in 2024

    Rodrigo Franco

    RE/MAX

    (909) 559-4356

    1 in this area

    196 Total Sales

    Rodrigo Franco
    Section Image

  • R

    Seller's Agent in 2019

    Robert May

    UPTOWN REALTORS

    Section Image

  • K

    Seller's Agent in 2019

    Karen Whitman

    KAREN L WHITMAN, BROKER

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24029010

California Regional Multiple Listing Service (CRMLS)

APN: 221-191-005

California Riverside County Riverside 92507 Eastside

2449 Rancho Dr, Riverside, CA

Not Listed for Sale

Detached

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