NOT LISTED FOR SALE

Estimated Value: $367,000 - $427,000

2 Beds
1.5 Baths
1,024 Sq Ft
$332/mo HOA Fee

Last Sold July 26, 2024

Last sale price $402,000 $393 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,675/month

29 Days on Market

Highlights

  • Mountain View
  • Park
  • Picnic Area
  • Community Pool
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of July 2024

Welcome to 2565 Colgate Way in the serene gated community of University Greens. This 2-bedroom condo boasts modern elegance with wood grain LVP flooring, large baseboards, and fresh interior paint throughout. Enjoy the abundance of natural light streaming through the new dual pane vinyl windows, complemented by recessed lighting for a warm ambiance. The heart of this home lies in its fully renovated kitchen, featuring pristine white cabinets, quartz countertops, and a stylish backsplash. Equipped with stainless steel appliances and a sleek hood vent, this kitchen is a chef's dream. Unwind in your spacious living area, or step outside to your private oasis - a large fenced-in patio enveloped by lush landscaping, perfect for entertaining or quiet relaxation. University Greens offers a pool, spa, sidewalks and beautiful green space and trees. It is also freeway close and offers convenient access to a variety of amenities, including shopping centers, restaurants, parks, and less than 3 miles from UCR. Experience comfort, convenience, and contemporary living in this meticulously maintained condo. Don't miss out on the opportunity to make it yours.

Last Agent to Sell the Property

David Stites

eHomes Brokerage Phone: 951-821-1290 License #01772649 Listed on: 05/14/2024

Last Buyer's Agent

RENEE BARRON

Berkshire Hathaway HomeServices California Realty License #02164583

Berkshire Hathaway HomeServices California Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,767

Year Built

  • Built in 1977

Lot Details

  • 1,002

HOA Fees

  • $332 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,024 Sq Ft Home
  • 2-Story Property
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Additional Features

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

Listing and Financial Details

  • Tax Lot 118
  • Tax Tract Number 4528
  • Assessor Parcel Number 250042015
  • $56 per year additional tax assessments

Community Details

Overview

  • 500 Units
  • University Greens Association, Phone Number (951) 359-2853

Amenities

  • Picnic Area

Recreation

  • Community Pool
  • Community Spa
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,767

Year Built

Built in 1977

Lot Details

0

HOA Fees

$332 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 250042015
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1024.00 Square Feet
  • Stories: 2
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 392.58
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Mountain(s)
  • 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: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Picnic Area
  • Association Fee: 332.00
  • Association Fee Frequency: Monthly
  • Association Name: University Greens
  • Phone: 9513592853
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Park, Suburban
  • Association Management: University Greens

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1000.00
  • Lot Size Acres: 0.0230
  • Latitude Manual: 33.98889300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1000.0000 Square Feet
  • Number Of Units In Community: 500
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 422.09
  • Tax Lot: 118
  • Tax Tract Number: 4528
  • TaxOtherAnnualAssessmentAmount: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
May 29, 2024
Sold by
Drover Ryan Wilson and Drover David
Bought by
Naranjo Yesenia
Seller's Agent
David Stites
eHomes
Buyer's Agent
RENEE BARRON
Berkshire Hathaway HomeServices California Realty
List Price
$400,000
Sold Price
$402,000
Premium/Discount to List
$2,000
0.5%
Views
233
Current Estimated Value
$399,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,171
Avg. Annual Appreciation
-0.47%
Original Mortgage
$212,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 28, 2020
Closed on
Aug 12, 2020
Sold by
Johnson Alexander
Bought by
Drover David and Drover Camille P
Seller's Agent
Nathaniel Devlin
DEVLIN REALTY
Buyer's Agent
Scott Tucker
PROVIDENCE REALTY
List Price
$233,000
Sold Price
$240,100
Premium/Discount to List
$7,100
3.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.49%
Original Mortgage
$192,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 28, 2020
Closed on
Aug 10, 2020
Sold by
Johnson Katherine Kishino
Bought by
Johnson Alexander
Seller's Agent
Nathaniel Devlin
DEVLIN REALTY
Buyer's Agent
Scott Tucker
PROVIDENCE REALTY
List Price
$233,000
Sold Price
$240,100
Premium/Discount to List
$7,100
3.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2004
Sold by
Urga Debella and Demissie Mandefro
Bought by
Johnson Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,750
Interest Rate
5.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 17, 2000
Sold by
Hud
Bought by
Urga Debella and Demissie Mandefro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,800
Interest Rate
8.27%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 1999
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Oct 20, 1999
Sold by
Todd Tina A
Bought by
Norwest Mtg Inc
Source: Public Records

Range of Values:

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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
Naranjo Yesenia $402,000 Fidelity National Title
Drover David $240,500 Ticor Title Company
Johnson Alexander -- Ticor Title Company
Johnson Alexander $185,000 North American Title Co
Urga Debella $91,000 First Southwestern Title Co
Hud -- Fidelity National Title Ins
Norwest Mtg Inc $73,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Naranjo Yesenia $212,000
Previous Owner Drover David $192,000
Previous Owner Johnson Alexander $152,400
Previous Owner Johnson Alexander $180,000
Previous Owner Johnson Alexander $27,750
Previous Owner Johnson Alexander $148,000
Previous Owner Urga Debella $39,975
Previous Owner Urga Debella $38,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $402,000 +0.5% $393 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $400,000 0.0% $391 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $400,000 +66.6% $391 / Sq Ft
10/05/2020 10/05/20 Sold $240,100 +3.0% $234 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $233,000 -- $228 / 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 $2,767 $402,000 $120,600 $281,400
2023 $2,767 $249,800 $41,616 $208,184
2022 $2,702 $244,902 $40,800 $204,102
2021 $2,674 $240,100 $40,000 $200,100
2020 $2,711 $235,773 $76,462 $159,311
2019 $2,529 $219,440 $70,720 $148,720
2018 $2,434 $211,000 $68,000 $143,000
2017 $2,225 $192,000 $62,000 $130,000
2016 $1,986 $179,000 $58,000 $121,000
2015 $1,751 $157,000 $51,000 $106,000
2014 $1,724 $153,000 $50,000 $103,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW24097014

California Regional Multiple Listing Service (CRMLS)

APN: 250-042-015