NOT LISTED FOR SALE

Estimated Value: $1,360,000 - $1,731,000

4 Beds
3.5 Baths
3,696 Sq Ft
$415/Sq Ft Est. Value

Last Sold September 06, 2018

Last sale price $1,030,000 $279 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $9,085/month

26 Days on Market

Highlights

  • Community Stables
  • Primary Bedroom Suite
  • Mountain View
  • Horse Property
  • 222,156 Sq Ft lot
  • Maid or Guest Quarters

About This Home

As of September 2018

Villa DiMarco is a uniquely zoned property allowing it's new owner the ability to farm the land and or raise livestock. It can be either or both a working ranch or farm. It's mostly flat land already has a dozen or so citrus trees and there is plenty of room on its 5 acres to plant more of them. Come be a Gentleman Rancher in the heart of Riverside and in the upscale Arlington Heights area.

Put climbing stairs behind you with this Ranch Style home. The master suite is ginormous. Some would consider the home a cosmetic fixer, needing updating, but the kitchen is contemporary with dark granite and custom hardwood cabinets. The property also has a one bedroom guest house/maids quarters. There are many lounging areas around this fully gated estate property along with a sports court.

This property captures the bygone era of Riverside from when it ruled the citrus trade. Keep history alive. Remember when we used to push cows out of the way to get on the school bus? Make this and all of your farming and ranching fantasies a reality at Villa DiMarco. Caretaker on site.

Last Agent to Sell the Property

Dave Silverstein

New Frontier Realty License #01843460 Listed on: 07/15/2018

Last Buyer's Agent

Brandy Preuit

NEXTHOME CITRUS CITY License #01706365

NEXTHOME CITRUS CITY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 5.1 Acre Lot
  • Landscaped
  • Level Lot
  • Lawn
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 3,696 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Maid or Guest Quarters

Additional Features

  • Horse Property
  • Suburban Location
  • Agricultural
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 0090
  • Tax Tract Number 317
  • Assessor Parcel Number 237050031

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Stables

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 237050031
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3696.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 278.68
  • Room Type: All Bedrooms Down, Family Room, Formal Entry, Foyer, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Master Suite

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Stable(s), Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Agricultural - Dairy, Agricultural - Other, Agricultural - Row/Crop, Agricultural - Tree/Orchard, Agricultural - Vine/Vineyard, Back Yard, Horse Property, Landscaped, Lawn, Level with Street, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 222156.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 317.01
  • Tax Lot: 0090
  • Tax Tract Number: 317.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2018
Closed on
Aug 29, 2018
Sold by
Shea Robin J
Bought by
Dewdney John and Dewdney Sharon
Seller's Agent
Dave Silverstein
New Frontier Realty
Buyer's Agent
Brandy Preuit
NEXTHOME CITRUS CITY
List Price
$1,195,000
Sold Price
$1,030,000
Premium/Discount to List
-$165,000
-13.81%
Current Estimated Value
$1,534,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,786
Avg. Annual Appreciation
5.58%
Original Mortgage
$816,000
Outstanding Balance
$700,130
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$834,656

Purchase Details

Closed on
Sep 30, 2015
Sold by
Barkley Alcye
Bought by
Barkley Alcye

Purchase Details

Closed on
Dec 18, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Barkley Alcye L

Purchase Details

Closed on
Jan 5, 2010
Sold by
Slagle Michael
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 20, 2007
Sold by
Slagle Michael
Bought by
The Villa Dimarco Trust
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
Dewdney John $1,020,000 Orange Coast Title Company
Barkley Alcye -- None Available
Barkley Alcye L $637,000 Lsi Title Company
Deutsche Bank National Trust Company $620,628 Fidelity Natl Title Ins Co
The Villa Dimarco Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dewdney John $816,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2018 09/06/18 Sold $1,030,000 -13.8% $279 / Sq Ft
07/15/2018 07/15/18 For Sale $1,195,000 -- $323 / 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 $12,722 $1,179,389 $167,325 $1,012,064
2023 $12,722 $1,133,594 $160,829 $972,765
2022 $12,431 $1,111,368 $157,676 $953,692
2021 $12,238 $1,089,578 $154,585 $934,993
2020 $11,720 $1,040,400 $153,000 $887,400
2019 $11,576 $1,020,000 $150,000 $870,000
2018 $7,797 $689,395 $108,224 $581,171
2017 $7,658 $675,878 $106,102 $569,776
2016 $7,166 $662,626 $104,022 $558,604
2015 $7,065 $652,674 $102,460 $550,214
2014 $6,999 $639,891 $100,454 $539,437
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW18170256

California Regional Multiple Listing Service (CRMLS)

APN: 237-050-031