NOT LISTED FOR SALE

2563 Grambling Way Riverside, CA 92507

University Neighborhood

Estimated Value: $355,000 - $381,000

2 Beds
1.5 Baths
1,024 Sq Ft
436 Sq Ft Lot

Last Sold June 21, 2023

Last sale price $320,000 $312 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,455/month

306 Days on Market

Highlights

  • Community Pool
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of June 2023

Townhouse floor plan. Two bedrooms with kitchen, breakfast nook, sink and faucet. Dining area and laundry space. New interior paint. Enclosed private backyard with sliding door access. Single car garage with remote control and one onsite parking permit. The gated community has nice landscaping, pool, spa and club house. It is located close to UCR, downtown Riverside, restaurants and freeways.

Last Agent to Sell the Property

Tony Hermosillo

M G R REAL ESTATE License #01756910 Listed on: 06/09/2022

M G R REAL ESTATE

Last Buyer's Agent

Roger Cruz

Keller Williams Realty License #02103363

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1977

Lot Details

  • 436

HOA Fees

  • $257 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,024 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 167
  • Tax Tract Number 4528
  • Assessor Parcel Number 250043024
  • $74 per year additional tax assessments

Community Details

Overview

  • 70 Units
  • University Greens Association, Phone Number (949) 768-7261
  • Pcm HOA

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1977

Lot Details

436 Sq Ft Lot

HOA Fees

$257 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: R1
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 250043024
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1024.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 312.50
  • Room Type: Kitchen

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 257.00
  • Association Fee Frequency: Monthly
  • Association Name: University Greens
  • Phone: 949-768-7261
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs
  • Association Management: PCM

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 436.00
  • Lot Size Acres: 0.0100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 436.0000 Square Feet
  • Number Of Units In Community: 70
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 422.09
  • Tax Lot: 167
  • Tax Tract Number: 4528
  • TaxOtherAnnualAssessmentAmount: 74.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2023
Sold by
Sat Pro Academy 401K Plan & Trust
Bought by
Neal Karen
Current Estimated Value
$365,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,400
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2013
Closed on
Jan 15, 2014
Sold by
Deem Jacob W
Bought by
Sat Pro Academy 401K Plan & Trust
Seller's Agent
April Glatzel
Re/Max Partners
Buyer's Agent
Vivian Chang
Homequest Real Estate
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%

Purchase Details

Closed on
Sep 18, 2013
Sold by
Deem Jacob W and Deem Joseph W
Bought by
Deem Jacob W

Purchase Details

Closed on
May 22, 2002
Sold by
Michael Shirley L
Bought by
Deem Jacob W and Deem Joseph W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
6.6%
Mortgage Type
FHA
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
Neal Karen $320,000 Orange Coast Title
Sat Pro Academy 401K Plan & Trust $150,000 First American Title Company
Deem Jacob W -- Accommodation
Deem Jacob W $80,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neal Karen $310,400
Previous Owner Deem Jacob W $77,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2023 06/21/23 Sold $320,000 -2.7% $313 / Sq Ft
03/30/2023 03/30/23 For Sale $329,000 +2.8% $321 / Sq Ft
12/24/2022 12/24/22 Off Market $320,000 -- --
06/09/2022 06/09/22 For Sale $329,000 0.0% $321 / Sq Ft
10/12/2017 10/12/17 Rented $1,395 0.0% --
10/03/2017 10/03/17 For Rent $1,395 +22.4% --
07/09/2015 07/09/15 Rented $1,140 0.0% --
07/09/2015 07/09/15 For Rent $1,140 +3.6% --
06/29/2014 06/29/14 Rented $1,100 -4.3% --
05/30/2014 05/30/14 Under Contract -- -- --
03/26/2014 03/26/14 For Rent $1,150 0.0% --
01/30/2014 01/30/14 Sold $150,000 -3.2% $146 / Sq Ft View Prior Sale
01/13/2014 01/13/14 Pending -- -- --
12/16/2013 12/16/13 Price Changed $155,000 +3.4% $151 / Sq Ft
11/06/2013 11/06/13 Price Changed $149,900 -3.3% $146 / Sq Ft
09/13/2013 09/13/13 For Sale $155,000 -- $151 / Sq Ft
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 $3,550 $332,927 $99,878 $233,049
2023 $3,550 $176,729 $58,908 $117,821
2022 $1,982 $173,264 $57,753 $115,511
2021 $1,968 $169,868 $56,621 $113,247
2020 $1,954 $168,127 $56,041 $112,086
2019 $1,918 $164,832 $54,943 $109,889
2018 $1,881 $161,601 $53,866 $107,735
2017 $1,848 $158,433 $52,810 $105,623
2016 $1,732 $155,327 $51,775 $103,552
2015 $1,707 $152,997 $50,999 $101,998
2014 $1,420 $124,986 $34,595 $90,391
Source: Public Records

Agents Affiliated with this Home

  • Tony Hermosillo

    Seller's Agent in 2023

    Tony Hermosillo

    M G R REAL ESTATE

    (909) 660-1991

    1 in this area

    36 Total Sales

    Tony Hermosillo
    Section Image

  • R

    Buyer's Agent in 2023

    Roger Cruz

    Keller Williams Realty

  • S

    Seller's Agent in 2017

    SANDIE JENSEN

    M G R PROPERTY MANAGEMENT

    Section Image
  • April Glatzel

    Seller's Agent in 2014

    April Glatzel

    RE/MAX

    (951) 205-4429

    82 Total Sales

    April Glatzel
    Section Image
  • Vivian Chang

    Buyer's Agent in 2014

    Vivian Chang

    Homequest Real Estate

    (909) 435-1866

    16 Total Sales

    Vivian Chang
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22124685

California Regional Multiple Listing Service (CRMLS)

APN: 250-043-024

California Riverside County Riverside 92507 University

2563 Grambling Way, Riverside, CA

Not Listed for Sale

Condos

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