NOT LISTED FOR SALE

Estimated Value: $492,000 - $507,000

3 Beds
2 Baths
1,136 Sq Ft
$439/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $449,000 $395 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,793/month

25 Days on Market

Highlights

  • Private Yard
  • Eat-In Kitchen
  • Patio
  • No HOA
  • Bathtub
  • Laundry Room

About This Home

As of August 2024

Welcome To 2556 5th Street In The City Of Riverside. This Nice Three Bedroom, Two Bath, Single Story Home Is Tucked Back Away From The Street For Your Added Privacy. Located Within Walking Distance Of All Downtown Riverside Has To Offer; Such As Great Restaurants, The Fox Performing Arts Theater, The Cheech Marin Center, Fantastic Night Life And So Much More. You Will Just Love Being So Close To The Historic Mission Inn During The Christmas Season For Their Famous Festival Of Lights, And You Are Only 2 Miles From UC Riverside! If Your Trip To Work Requires A Commute, You Are Just Minutes To The 91, 60 & 215 Freeways, So The Location Is Perfect! This Home Features Laminate Type Flooring, A Quaint Kitchen, Central Heating & Air Conditioning, Indoor Laundry Room, And A Carport. The Property Sits Back Away From The Street And Has An Easement From The Neighboring Property's Driveway. This Home Won't Last Long On The Market, So Come Take A Look Before It's Sold! Some of the photos have been virtually staged to give you some decorating ideas.

Last Agent to Sell the Property

Cheryleigh Aday

HERITAGE REALTY Brokerage Phone: 909-641-9886 License #00974722 Listed on: 06/14/2024

Last Buyer's Agent

Cynthia Cano Ng

Prado Realty Group License #01974214

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 4,792 Sq Ft Lot
  • Wood Fence
  • Private Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned R1065

Home Design

  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 1,136 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Polytechnic High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Private Water Source
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 7 / 7
  • Tax Tract Number 30
  • Assessor Parcel Number 211081008
  • $66 per year additional tax assessments
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Stove
  • Property Attached: No
  • View: No
  • Zoning: R1065
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 211081008
  • Year Built: 1988
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1136.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 395.25
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • High School: Polytechnic
  • High School2: POLYTE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Yard
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4792.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 7
  • Tax Lot: 7
  • Tax Tract Number: 030...
  • TaxOtherAnnualAssessmentAmount: 66.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Jul 10, 2024
Sold by
Leung Jason Kai-Ming and Leung Stephen Kin-Wah
Bought by
Ikegbu Patricia
Seller's Agent
Cheryleigh Aday
HERITAGE REALTY
Buyer's Agent
Cynthia Cano Ng
Prado Realty Group
List Price
$449,000
Sold Price
$449,000
Views
211
Current Estimated Value
$498,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,953
Avg. Annual Appreciation
8.32%
Original Mortgage
$312,500
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2018
Sold by
Leung Jason Kai Ming and Leung Stephen Kin Wah
Bought by
Leung Jason Kai Ming and Leung Stephen Kin Wah

Purchase Details

Closed on
Jan 26, 2001
Sold by
Leung Lisa F
Bought by
Leung Lisa F and The Lisa Leung Living Trust
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ikegbu Patricia $898,000 Lawyers Title
Leung Stephen Kin-Wah -- Lawyers Title
Leung Jason Kai-Ming -- Lawyers Title
Ikegbu Patricia -- Lawyers Title
Leung Jason Kai Ming -- None Available
Leung Lisa F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ikegbu Patricia $312,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $449,000 0.0% $395 / Sq Ft
08/08/2024 08/08/24 For Sale $449,000 0.0% $395 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
07/05/2024 07/05/24 Price Changed $449,000 -3.4% $395 / Sq Ft
06/14/2024 06/14/24 For Sale $465,000 -- $409 / 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 $2,233 $449,000 $135,000 $314,000
2023 $2,233 $194,085 $60,647 $133,438
2022 $2,183 $190,280 $59,458 $130,822
2021 $2,165 $186,550 $58,293 $128,257
2020 $2,149 $184,638 $57,696 $126,942
2019 $2,110 $45,254 $14,141 $31,113
2018 $2,069 $177,469 $55,458 $122,011
2017 $2,033 $173,990 $54,371 $119,619
2016 $1,450 $127,958 $45,697 $82,261
2015 $1,429 $126,037 $45,011 $81,026
2014 $1,415 $123,570 $44,130 $79,440
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24117169

California Regional Multiple Listing Service (CRMLS)

APN: 211-081-008