$494,500
SOLD SEP 5, 2019
4 Beds
1.5 Baths
1,516 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$326 Per Sq Ft

66 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • Two cooling system units
  • Polytechnic High School Rated A-
  • Two Homes on a Lot
  • 4-minute walk to Dario Vasquez Park

About This Home

As of September 2019

Rarely available opportunity to purchase two beautifully remodeled homes both on the same lot. Stunning 100% remodel of both 2 bedroom 1 bath houses on this well located lot. Each house has been meticulously remodeled to feature both old and new finishes to blend modern with historic. New windows, new kitchens & baths, front house has new roof, both houses feature split air units. Lots of parking space. Live in one and rent the other for excellent income or rent both! This is a unique opportunity to grab the deed on an excellent investment property before the area takes off. Rapidly gentrifying area of downtown Riverside. So much new development in the area to attract a solid base of tenants.

Last Agent to Sell the Property

Aaron Mazzrillo

MARKET STREET REALTY License #01376039 Listed on: 06/03/2019

Last Buyer's Agent

Aaron Mazzrillo

MARKET STREET REALTY License #01376039 Listed on: 06/03/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,580

Year Built

  • Built in 1910

Lot Details

  • 7,841 Sq Ft Lot
  • Rectangular Lot
  • Property is zoned R2

Interior Spaces

  • 1,516 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Two cooling system units
  • SEER Rated 16+ Air Conditioning Units
  • No Heating

Additional Features

  • ENERGY STAR Qualified Equipment
  • Two Homes on a Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 3
  • Assessor Parcel Number 211212017

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,580

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: R2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 211212017
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1516.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 326.19
  • Room Type: Kitchen, Main Floor Bedroom

Exterior Features

  • Other Structures: Two On A Lot
  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Dual, Energy Star Qualified Equipment, Seer Rated 16+
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 304.00
  • Tax Lot: 17
  • Tax Tract Number: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2019
Closed on
Aug 23, 2019
Sold by
Truong Vincent Vinh
Bought by
Huynh Tam
Seller's Agent
Aaron Mazzrillo
MARKET STREET REALTY
Buyer's Agent
Aaron Mazzrillo
MARKET STREET REALTY
List Price
$494,900
Sold Price
$494,500
Premium/Discount to List
-$400
-0.08%
Total Days on Market
66
Current Estimated Value
$679,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,193
Avg. Annual Appreciation
5.70%
Original Mortgage
$352,500
Outstanding Balance
$312,047
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$367,646

Purchase Details

Listed on
Jun 3, 2019
Closed on
Aug 3, 2019
Sold by
Advanced Sales Inc
Bought by
Huynh Tam
Seller's Agent
Aaron Mazzrillo
MARKET STREET REALTY
Buyer's Agent
Aaron Mazzrillo
MARKET STREET REALTY
List Price
$494,900
Sold Price
$494,500
Premium/Discount to List
-$400
-0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Outstanding Balance
$312,047
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$367,646

Purchase Details

Listed on
Aug 14, 2018
Closed on
Nov 19, 2018
Sold by
Jackson Obadlah and Jackson Charletta
Bought by
Advanced Sales Inc
Seller's Agent
Robert Miller
Coast & Country Real Estate
Buyer's Agent
Robert Miller
Coast & Country Real Estate
List Price
$394,900
Sold Price
$240,000
Premium/Discount to List
-$154,900
-39.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
142.14%
Original Mortgage
$70,000
Interest Rate
4.8%
Mortgage Type
Stand Alone Second
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Corinthian Title
Grant Deed $470,000 Corinthian Title
Grant Deed $240,000 Corinthian Title Company Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,500 New Conventional
Previous Owner $70,000 Stand Alone Second
Previous Owner $70,000 Stand Alone Second
Previous Owner $225,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2019 09/05/19 Sold $494,500 +5.2% $326 / Sq Ft
09/04/2019 09/04/19 Sold $470,000 -5.0% $310 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
08/08/2019 08/08/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $494,900 0.0% $326 / Sq Ft
07/19/2019 07/19/19 For Sale $494,900 0.0% $326 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
07/16/2019 07/16/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $494,900 0.0% $326 / Sq Ft
07/01/2019 07/01/19 For Sale $494,900 0.0% $326 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
06/12/2019 06/12/19 Pending -- -- --
06/11/2019 06/11/19 Price Changed $494,900 0.0% $326 / Sq Ft
06/11/2019 06/11/19 Price Changed $494,900 0.0% $326 / Sq Ft
06/03/2019 06/03/19 For Sale $495,000 0.0% $327 / Sq Ft
04/24/2019 04/24/19 For Sale $495,000 +106.3% $327 / Sq Ft
11/30/2018 11/30/18 Sold $240,000 -31.4% $158 / Sq Ft
09/27/2018 09/27/18 Price Changed $350,000 -7.9% $231 / Sq Ft
08/24/2018 08/24/18 Price Changed $379,900 -3.8% $251 / Sq Ft
08/14/2018 08/14/18 For Sale $394,900 -- $260 / 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
2023 $5,580 $494,050 $84,092 $409,958
2022 $5,453 $484,364 $82,444 $401,920
2021 $5,379 $474,868 $80,828 $394,040
2020 $5,339 $470,000 $80,000 $390,000
2019 $2,768 $240,000 $75,001 $164,999
2018 $349 $23,770 $8,120 $15,650
2017 $343 $23,305 $7,961 $15,344
2016 $326 $22,849 $7,805 $15,044
2015 $321 $22,508 $7,689 $14,819
2014 $317 $22,070 $7,540 $14,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV19100807

California Regional Multiple Listing Service (CRMLS)

APN: 211-212-017