NOT LISTED FOR SALE

Estimated Value: $346,000 - $396,000

3 Beds
3 Baths
1,599 Sq Ft
$280/mo HOA Fee

Last Sold May 25, 2012

Last sale price $80,000 $50 Per Sq Ft

Est. 363% increase in value since last sale

Current estimated payment $2,372/month

15 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • 2 Car Attached Garage
  • Rancho Verde High School Rated A-
  • Community Pool
  • 3-minute walk to Victoriano Park

About This Home

As of May 2012

Beautiful condo in the gated community of Palacio de Oro. Spacious floor plan with 2 car garage, 2 bedrooms, 2 1/2 baths & Indoor laundry. Walking distance to newer shopping center and close to Riverside Community College. Association club house & basketball courts.

Last Agent to Sell the Property

Jim Brown

Keller Williams Realty License #00942210 Listed on: 01/17/2012

Keller Williams Realty

Last Buyer's Agent

Jim Brown

Keller Williams Realty License #00942210 Listed on: 01/17/2012

Keller Williams Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Lot Details

  • 1,307

HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,599 Sq Ft Home
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 32145
  • Assessor Parcel Number 486531010

Community Details

Overview

  • 150 Units
  • Palacio De Oro Association, Phone Number (800) 428-5588

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0

HOA Fees

$280 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 486531010
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1599.00
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 50.03
  • Room Type: Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Gym/Ex Room, Pool, Spa/Hot Tub
  • Association Fee: 234.00
  • Association #2 Fee: 46.00
  • Association Fee Frequency: Monthly
  • Association Name: Palacio De Oro
  • Phone: 800-428-5588
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 1307.00
  • Lot Size Acres: 0.0300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1307.0000 Square Feet
  • Number Of Units In Community: 150
  • Number Of Units Total: 150

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 32145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2025
Sold by
Lui David
Bought by
2021 David Lui Revocable Trust and Lui
Current Estimated Value
$370,492

Purchase Details

Closed on
Feb 14, 2012
Sold by
Wilson Richard and Wilson Bettie C
Bought by
Luie David

Purchase Details

Closed on
Jan 25, 2006
Sold by
K Hovnanian Forecast Homes Inc
Bought by
Wilson Richard and Wilson Bettie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,800
Interest Rate
8.99%
Mortgage Type
Purchase Money Mortgage
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
2021 David Lui Revocable Trust -- None Listed On Document
Luie David $80,000 First American Title Co
Wilson Richard $308,500 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Richard $261,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2012 05/25/12 Sold $80,000 0.0% $50 / Sq Ft
02/01/2012 02/01/12 Pending -- -- --
01/17/2012 01/17/12 For Sale $80,000 -- $50 / 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 $1,851 $100,471 $18,834 $81,637
2023 $1,851 $96,571 $18,103 $78,468
2022 $1,834 $94,679 $17,749 $76,930
2021 $1,786 $92,823 $17,401 $75,422
2020 $1,752 $91,872 $17,223 $74,649
2019 $1,705 $90,072 $16,886 $73,186
2018 $1,674 $88,306 $16,555 $71,751
2017 $1,631 $86,576 $16,231 $70,345
2016 $1,606 $84,879 $15,913 $68,966
2015 $1,587 $83,606 $15,675 $67,931
2014 $1,555 $81,970 $15,369 $66,601
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: K12007417

California Regional Multiple Listing Service (CRMLS)

APN: 486-531-010