NOT LISTED FOR SALE

2561 Colgate Way Unit 120 Riverside, CA 92507

University Neighborhood

Estimated Value: $384,504 - $397,000

3 Beds
2 Baths
1,152 Sq Ft
$339/Sq Ft Est. Value

About This Home

This home is located at 2561 Colgate Way Unit 120, Riverside, CA 92507 and is currently estimated at $390,126, approximately $338 per square foot. 2561 Colgate Way Unit 120 is a home located in Riverside County with nearby schools including Highland Elementary, University Heights Middle School, and John W. North High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Jang Charles and Velarde Jang Naomi
Bought by
Jang Charles and Velarde Jang Naomi
Current Estimated Value
$390,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Outstanding Balance
$221,794
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$168,332

Purchase Details

Closed on
Oct 7, 2019
Sold by
Jang Charles J and Jang Naomi Velarde
Bought by
Jang Charles and Velarde Jang Naomi

Purchase Details

Closed on
Dec 28, 2006
Sold by
Fortino Christopher and Fortino Lori A
Bought by
Jang Charles J and Jang Naomi Velarde

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2004
Sold by
Enomoto Mark K
Bought by
Fortino Christopher and Fortino Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,460
Interest Rate
5.73%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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.

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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.

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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.

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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.

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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
Jang Charles -- Amrock Llc
Jang Charles -- Amrock Llc
Jang Charles -- None Available
Jang Charles J $264,000 Fidelity National Title Co
Fortino Christopher $225,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jang Charles $243,750
Closed Jang Charles J $264,000
Previous Owner Fortino Christopher $211,460
Closed Fortino Christopher $13,080
Source: Public Records

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 $3,850 $353,677 $133,964 $219,713
2023 $3,850 $339,945 $128,763 $211,182
2022 $3,763 $333,281 $126,239 $207,042
2021 $3,141 $275,000 $99,000 $176,000
2020 $2,870 $250,000 $90,000 $160,000
2019 $2,669 $231,920 $87,360 $144,560
2018 $2,568 $223,000 $84,000 $139,000
2017 $2,494 $216,000 $82,000 $134,000
2016 $2,263 $205,000 $78,000 $127,000
2015 $1,932 $174,000 $66,000 $108,000
2014 $1,843 $164,000 $62,000 $102,000
Source: Public Records

Map

California Riverside County Riverside 92507 University

2561 Colgate Way Unit 120, Riverside, CA

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