NOT LISTED FOR SALE

2543 Mulberry St Riverside, CA 92501

Downtown Riverside Neighborhood

Estimated Value: $507,000 - $642,000

4 Beds
2 Baths
1,519 Sq Ft
$377/Sq Ft Est. Value

Last Sold April 04, 2016

Last sale price $290,000 $191 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,262/month

13 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Central Air
  • Front Yard
  • Laundry Room
  • Wall Furnace

About This Home

As of April 2016

TWO HOME ON A LOT. UNIT IN THE FRONT AND BACK ARE TWO BEDROOM ONE BATH EACH. PROPERTY IS CLOSE TO FREEWAYS AND TRAIN AND BUSES. PROPERTY IS FENCED. NEW A/C UNIT IN BACK UNIT.

Last Agent to Sell the Property

GRISELDA REYNA

GRISELDA REYNA, BROKER License #01800032 Listed on: 02/23/2016

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 9,148 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 2 Parking Spaces

Home Design

  • 1,519 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Central Air
  • Wall Furnace

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 37
  • Tax Tract Number 9058
  • Assessor Parcel Number 209142026

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • New Taxes Expense $1,500
  • Gross Income $2,240
  • Net Operating Income $23,880

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 209142026
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 190.92
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights, Urban

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 9148.00
  • Price Per Lot Square Foot: 31.70
  • Lot Size Acres: 0.2100

Multi Family

  • Gross Income: 2240.00
  • Gross Scheduled Income: 26880.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 9148.0000 Square Feet
  • Net Operating Income: 23880.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1500.00
  • Tax Lot: 37
  • Tax Tract Number: 9058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2016
Sold by
Martinez Albert and Martinez Vanessa
Bought by
Tourigny Thomas Nelson and Lovato Jennifer Lee
Current Estimated Value
$572,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2014
Sold by
Av Capital Investments Llc
Bought by
Martinez Albert and Martinez Vanessa

Purchase Details

Closed on
Mar 8, 2011
Sold by
Martinez Jorge D and Martinez Eva A
Bought by
Av Capital Investments Llc

Purchase Details

Closed on
Jun 25, 2010
Sold by
Ennis Elizabeth
Bought by
Martinez Jorge D and Martinez Eva A

Purchase Details

Closed on
Oct 17, 2005
Sold by
Wilson C
Bought by
Otto M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 2002
Sold by
Bohorquez Alexandra
Bought by
Mulberry 1023 Trust

Purchase Details

Closed on
Mar 28, 2001
Sold by
Nay Donald P and Nay Orly A
Bought by
Ennis Elizabeth

Purchase Details

Closed on
Jul 21, 2000
Sold by
Rheault Jerome C & Jaylene L Trustees and Reheault Family Trus
Bought by
Nay Donald P and Nay Orly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
8.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 1, 2000
Sold by
Rheault Jerome C & Jaylene L Trustees and Reheault Family Trus
Bought by
Rheault Jerome C and Rheault Jaylene L

Purchase Details

Closed on
Feb 10, 1999
Sold by
Cooke Steve and Cooke Sheree R
Bought by
Rheault Jerome C and Rheault Jaylene L

Purchase Details

Closed on
Nov 22, 1993
Sold by
Rheault Jerome C and Rheault Jaylene L
Bought by
Cooke Steve and Cooke Sheree R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 20, 1993
Sold by
Riviera Reconveyance Co
Bought by
Rheault Jerome C and Rheault Jaylene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.09%
Mortgage Type
Seller Take Back
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
Tourigny Thomas Nelson $330,000 Fidelity National Title Co
Martinez Albert -- None Available
Av Capital Investments Llc -- None Available
Martinez Jorge D $145,000 Netco Title Company
Otto M -- Stewart Title Riverside
Mulberry 1023 Trust -- --
Ennis Elizabeth -- --
Nay Donald P $105,000 Lawyers Title
Rheault Jerome C -- --
Rheault Jerome C -- --
Cooke Steve $184,000 United Title Co
Rheault Jerome C $40,092 First Southwestern Title Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tourigny Thomas Nelson $285,000
Previous Owner Otto M $100,000
Previous Owner Nay Donald P $105,000
Previous Owner Cooke Steve $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2016 04/04/16 Sold $290,000 -17.1% $191 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $350,000 0.0% $230 / Sq Ft
03/01/2013 03/01/13 Rented $1,250 -3.8% --
03/01/2013 03/01/13 Under Contract -- -- --
01/02/2013 01/02/13 For Rent $1,300 -- --
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 $3,772 $343,293 $94,699 $248,594
2023 $3,772 $329,965 $91,023 $238,942
2022 $3,687 $323,496 $89,239 $234,257
2021 $3,644 $317,154 $87,490 $229,664
2020 $3,617 $313,903 $86,593 $227,310
2019 $3,550 $307,749 $84,896 $222,853
2018 $3,482 $301,716 $83,232 $218,484
2017 $3,421 $295,800 $81,600 $214,200
2016 $1,782 $156,925 $54,112 $102,813
2015 $1,757 $154,566 $53,298 $101,268
2014 $1,740 $151,540 $52,255 $99,285
Source: Public Records

Agents Affiliated with this Home

  • GRISELDA REYNA

    Seller's Agent in 2016

    GRISELDA REYNA

    GRISELDA REYNA, BROKER

    (951) 616-4332

    3 Total Sales

    GRISELDA REYNA
    Section Image

  • N

    Buyer's Agent in 2016

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    1 in this area

    6,305 Total Sales

    NoEmail NoEmail
    Section Image

  • S

    Seller's Agent in 2013

    SERGIO TAFOLLA

    CAPITAL COVE INTERNATIONAL

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16038915

California Regional Multiple Listing Service (CRMLS)

APN: 209-142-026

California Riverside County Riverside 92501 Downtown Riverside

2543 Mulberry St, Riverside, CA

Not Listed for Sale

MultiFamily

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