NOT LISTED FOR SALE

2564 Colgate Way Riverside, CA 92507

University Neighborhood

Estimated Value: $347,356 - $357,000

2 Beds
1.5 Baths
1,024 Sq Ft
$257/mo HOA Fee

Last Sold October 13, 2022

Last sale price $310,000 $303 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,403/month

40 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Bathtub
  • Mediterranean Architecture
  • Enclosed Patio or Porch
  • Laundry Room

About This Home

As of October 2022

Super affordable Condo/townhouse close to UCR and freeways. This home is well maintained and decorated beautifully. There is a small back patio and front of home looks out onto the greens. There is a community club house and pool for recreational play. This home is tenant occupied . This home is decorated to T and shows well. Washer and dryer hook ups too Why rent when you can own!

Last Agent to Sell the Property

Collette Lee

Tower Agency License #00936810 Listed on: 08/12/2022

Tower Agency

Last Buyer's Agent

Bosco Kwan Lam

PROSPERITY REALTY License #01779744

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1977

Lot Details

  • 436

HOA Fees

  • $257 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

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

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Formica Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Bathtub
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Additional Features

  • Enclosed Patio or Porch
  • Two or More Common Walls
  • Suburban Location

Listing and Financial Details

  • Tax Lot 114
  • Tax Tract Number 4528
  • Assessor Parcel Number 250042011
  • $74 per year additional tax assessments

Community Details

Overview

  • 201 Units
  • University Greens Association

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1977

Lot Details

0

HOA Fees

$257 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: R
  • Architectural Style: Mediterranean
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 250042011
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1024.00 Square Feet
  • Interior Amenities: Formica Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 302.73
  • Room Type: All Bedrooms Up
  • Bathroom Features: Bathtub, Exhaust Fan(s)

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Covered, Enclosed
  • 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
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Vented Exhaust Fan
  • Heating Type: Central
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Clubhouse
  • Association Fee: 257.00
  • Association Fee Frequency: Monthly
  • Association Name: University Greens
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: UNiversity Greens

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: 201
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 422.09
  • Tax Lot: 114
  • Tax Tract Number: 4528
  • TaxOtherAnnualAssessmentAmount: 74.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2022
Sold by
Gilman Marcia J Trust
Bought by
Wu Carmen P
Current Estimated Value
$354,721

Purchase Details

Closed on
Oct 24, 2019
Sold by
Gilman Marcia J
Bought by
Gilman Marcia J

Purchase Details

Closed on
Nov 19, 1998
Sold by
Hud
Bought by
Hantman Daniel and Gilman Marcia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 1998
Sold by
Min Sun Zhe and Zhen Yuan Hui
Bought by
Countrywide Home Loans Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Wu Carmen P $310,000 --
Gilman Marcia J -- None Available
Hantman Daniel -- None Available
Hantman Daniel $40,000 Benefit Land Title
Countrywide Home Loans Inc $67,011 Landsafe Title
Hud -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hantman Daniel $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2022 10/13/22 Sold $310,000 -5.1% $303 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $326,500 -- $319 / 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 $3,516 $322,524 $41,616 $280,908
2023 $3,516 $310,000 $40,000 $270,000
2022 $713 $59,062 $14,756 $44,306
2021 $720 $57,905 $14,467 $43,438
2020 $715 $57,312 $14,319 $42,993
2019 $703 $56,189 $14,039 $42,150
2018 $690 $55,088 $13,764 $41,324
2017 $679 $54,009 $13,495 $40,514
2016 $639 $52,951 $13,231 $39,720
2015 $629 $52,157 $13,033 $39,124
2014 $623 $51,137 $12,779 $38,358
Source: Public Records

Agents Affiliated with this Home

  • Collette Lee

    Seller's Agent in 2022

    Collette Lee

    Tower Agency

    (951) 961-3667

    2 in this area

    79 Total Sales

    Collette Lee
    Section Image

  • B

    Buyer's Agent in 2022

    Bosco Kwan Lam

    PROSPERITY REALTY

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22177797

California Regional Multiple Listing Service (CRMLS)

APN: 250-042-011

California Riverside County Riverside 92507 University

2564 Colgate Way, Riverside, CA

Not Listed for Sale

Condos

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