NOT LISTED FOR SALE

Estimated Value: $548,000 - $690,000

3 Beds
2 Baths
1,571 Sq Ft
$360/mo HOA Fee

Last Sold June 14, 2018

Last sale price $415,000 $264 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,046/month

8 Days on Market

Highlights

  • In Ground Pool
  • RV Gated
  • Mountain View
  • Polytechnic High School Rated A-
  • RV Parking in Community
  • Wood Flooring

About This Home

As of June 2018

Former model single story condominium home located in Palm Terrace off Victoria Ave. Upgraded 4 years ago with Engineered Hardwood flooring, carpet in two bedrooms, French doors to patio area, dual pane energy efficient windows, shutters and painted interior and stainless appliances in kitchen. Home features relaxing courtyard in the font and covered patio in the back; perfect for entertaining and BBQs. Large master bedroom with two closets, bath with walk-in shower and separate vanity area. One bedroom has been upgraded for home office with built-in bookcase and entertainment center. Home also has an open floor plan with a large dining room off of the kitchen and living room with wood burning fireplace. Palm Terrace has a large swimming pool with hot tub spa that provides year around enjoyment. This condominium is an end unit that shares only one wall with the neighbor. HOA maintains landscaping, roofing, exterior painting and fire insurance. Palm Terrace also has a secured RV storage area for residents and plenty of guest parking.

Last Agent to Sell the Property

TERI WORTLEY

EXP REALTY OF CALIFORNIA INC License #02022895 Listed on: 05/02/2018

EXP REALTY OF CALIFORNIA INC

Last Buyer's Agent

Diane Frank

KELLER WILLIAMS RIVERSIDE CENT License #01076906

KELLER WILLIAMS RIVERSIDE CENT

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,033

Year Built

  • Built in 1978

Lot Details

  • End Unit
  • 1 Common Wall
  • Level Lot
  • Sprinkler System
  • Front Yard

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • RV Gated

Property Views

  • Mountain
  • Hills
  • Neighborhood
  • Courtyard

Home Design

  • Turnkey
  • Slab Foundation

Interior Spaces

  • 1,571 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Awning
  • Plantation Shutters
  • Solar Screens
  • Window Screens
  • French Doors
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Home Security System

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • No Interior Steps

Pool

  • In Ground Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Alcott Elementary School
  • Gage Middle School
  • Polytechnic High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts in Garage
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 5036
  • Assessor Parcel Number 223270017

Community Details

Overview

  • Master Insurance
  • 45 Units
  • Palm Terrace Association, Phone Number (951) 781-0330
  • Maintained Community
  • RV Parking in Community
  • Greenbelt

Amenities

  • Community Fire Pit

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,033

Year Built

Built in 1978

Lot Details

0

HOA Fees

$360 per month

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: stove, dishwasher and microwave
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Security System
  • View: Yes
  • Zoning: R1
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 223270017
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1571.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Recessed Lighting, Wet Bar
  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Vinyl, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Gas, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 264.16
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Master Bathroom, Master Bedroom, Office
  • Spa Features: Association
  • Window Features: Double Pane Windows, Plantation Shutters, Screens, Solar Screens
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Awning(s), Rain Gutters, Satellite Dish
  • View: Courtyard, Hills, Mountain(s), Neighborhood
  • Patio And Porch Features: Concrete, Covered, Front Porch
  • Pool Features: Association, Fenced, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front, Garage - Two Door, Garage Door Opener, Guest, RV Gated
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Instant Hot Water, Microwave
  • Electric: 220 Volts in Garage
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Common RV Parking, Insurance, Maintenance Grounds, Dues Paid Monthly, Pet Rules
  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Association Name: Palm Terrace
  • Phone: 9517810330
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Riverside Unified
  • Elementary School: Alcott
  • Middle School: Gage
  • High School: Polytechnic
  • Elementary School: Alcott
  • High School: Polytechnic
  • Middle Or Junior School: Gage
  • Elementary School #2: ALCOTT
  • High School2: POLYTE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Greenbelt, Level with Street, Sprinkler System
  • Lot Size Sq Ft: 2614.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 45
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 306.02
  • Tax Lot: 17
  • Tax Tract Number: 5036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
May 22, 2018
Sold by
Wortley Robert C and Wortley Teresa J
Bought by
Herbert Jackie
Seller's Agent
TERI WORTLEY
EXP REALTY OF CALIFORNIA INC
Buyer's Agent
Diane Frank
KELLER WILLIAMS RIVERSIDE CENT
List Price
$424,900
Sold Price
$415,000
Premium/Discount to List
-$9,900
-2.33%
Current Estimated Value
$616,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,059
Avg. Annual Appreciation
4.41%

Purchase Details

Listed on
Jun 1, 2014
Closed on
Jul 2, 2014
Sold by
Waddell Martha F
Bought by
Wortley Robert C and Wortley Teresa J
Seller's Agent
DAVID GOODWIN
GOODWIN PROPERTIES
Buyer's Agent
DAVID GOODWIN
GOODWIN PROPERTIES
List Price
$289,000
Sold Price
$290,000
Premium/Discount to List
$1,000
0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%
Original Mortgage
$203,000
Interest Rate
4.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 2, 2000
Sold by
Waddell Martha F
Bought by
Waddell Martha F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,300
Interest Rate
8.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 5, 2000
Sold by
Howard Harold S and Howard Sharon L
Bought by
Waddell Martha F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,300
Interest Rate
8.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 31, 1997
Sold by
Ann Hamlin Patricia
Bought by
Howard Harold S and Howard Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,450
Interest Rate
7.66%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Herbert Jackie $415,000 First American Title Company
Wortley Robert C $290,000 Fidelity National Title Co
Waddell Martha F -- --
Waddell Martha F -- First American Title Co
Howard Harold S $115,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wortley Robert C $203,000
Previous Owner Waddell Martha F $120,300
Previous Owner Howard Harold S $118,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2018 06/14/18 Sold $415,000 -2.3% $264 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $424,900 +46.5% $270 / Sq Ft
07/28/2014 07/28/14 Sold $290,000 +0.3% $185 / Sq Ft
06/27/2014 06/27/14 Pending -- -- --
06/01/2014 06/01/14 For Sale $289,000 -- $184 / 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 $5,033 $472,195 $56,889 $415,306
2023 $5,033 $453,861 $54,681 $399,180
2022 $4,916 $444,962 $53,609 $391,353
2021 $4,850 $436,238 $52,558 $383,680
2020 $4,812 $431,766 $52,020 $379,746
2019 $4,724 $423,300 $51,000 $372,300
2018 $3,414 $306,315 $52,812 $253,503
2017 $3,352 $300,310 $51,777 $248,533
2016 $3,136 $294,422 $50,762 $243,660
2015 $3,091 $290,000 $50,000 $240,000
2014 $1,043 $96,883 $24,958 $71,925
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18103299

California Regional Multiple Listing Service (CRMLS)

APN: 223-270-017