NOT LISTED FOR SALE

Estimated Value: $614,000 - $648,000

3 Beds
2.5 Baths
2,080 Sq Ft
$385/mo HOA Fee

Last Sold May 12, 2022

Last sale price $600,000 $288 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,498/month

Highlights

  • RV Parking in Community
  • Courtyard Views
  • 2 Car Attached Garage
  • Polytechnic High School Rated A-
  • Community Pool
  • Walk-In Closet

About This Home

As of May 2022

Completely rehabbed stand alone condo.

Last Agent to Sell the Property

Crystal Chavira

Realty ONE Group West License #02095324 Listed on: 05/13/2022

Realty ONE Group West

Last Buyer's Agent

AMBER EATINGER

RYCONN PROPERTIES License #02120916

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,798

Year Built

  • Built in 1979

Lot Details

  • 3,049

HOA Fees

  • $385 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Dining Room with Fireplace
  • Courtyard Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • No Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 5036
  • Assessor Parcel Number 223270076
  • $63 per year additional tax assessments

Community Details

Overview

  • 45 Units
  • Palm Terrace Association, Phone Number (951) 682-5454
  • Weldon Brown HOA
  • Maintained Community
  • RV Parking in Community

Recreation

  • Community Pool
  • Community Spa
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,798

Year Built

Built in 1979

Lot Details

0

HOA Fees

$385 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 223270076
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2080.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Dining Room, Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 288.46
  • Room Type: Living Room, Walk-In Closet

Exterior Features

  • View: Courtyard
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Common RV Parking, Maintenance Grounds
  • Association Fee: 385.00
  • Association Fee Frequency: Monthly
  • Association Name: Palm Terrace
  • Phone: 951-682-5454
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Sidewalks, Storm Drains, Street Lights
  • Association Management: Weldon Brown

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 3049.00
  • Lot Size Acres: 0.0700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3049.0000 Square Feet
  • Number Of Units In Community: 45
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 306.02
  • Tax Lot: 6
  • Tax Tract Number: 5036
  • TaxOtherAnnualAssessmentAmount: 63.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
May 12, 2022
Sold by
Kmc Investment Corp
Bought by
Frank Joel David and Howard Desiree Lynn
Seller's Agent
Crystal Chavira
Realty ONE Group West
Buyer's Agent
AMBER EATINGER
RYCONN PROPERTIES
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$631,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,783
Avg. Annual Appreciation
1.70%
Original Mortgage
$468,000
Outstanding Balance
$447,918
Interest Rate
5.3%
Mortgage Type
Balloon
Estimated Equity
$183,865

Purchase Details

Listed on
Nov 21, 2021
Closed on
Dec 9, 2021
Sold by
Torres Virginia and The Bobby J Wynns Trust
Bought by
Kmc Investment Corp
Seller's Agent
MONROVIA RICHARDSON
Lakeside Real Estate Inc.
Buyer's Agent
Crystal Chavira
Realty ONE Group West
List Price
$389,900
Sold Price
$390,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
193.57%
Original Mortgage
$2,000,000
Interest Rate
3.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 31, 2019
Sold by
Wynns Bobby J
Bought by
Torres Virginia and Bobby J Wynns Trust
Source: Public Records

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Range of Values:

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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
Frank Joel David $600,000 None Listed On Document
Kmc Investment Corp $390,000 Chicago Title Company
Torres Virginia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank Joel David $468,000
Previous Owner Kmc Investment Corp $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 For Sale $600,000 0.0% $288 / Sq Ft
05/12/2022 05/12/22 Sold $600,000 +53.8% $288 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
12/16/2021 12/16/21 Sold $390,000 0.0% $188 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/21/2021 11/21/21 For Sale $389,900 -- $187 / 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
2023 $6,798 $612,000 $51,000 $561,000
2022 $4,382 $390,000 $50,000 $340,000
2021 $2,238 $202,079 $36,167 $165,912
2020 $2,221 $200,008 $35,797 $164,211
2019 $2,182 $196,088 $35,096 $160,992
2018 $2,138 $192,244 $34,409 $157,835
2017 $2,099 $188,476 $33,735 $154,741
2016 $1,965 $184,781 $33,074 $151,707
2015 $1,937 $182,007 $32,578 $149,429
2014 $1,925 $178,443 $31,941 $146,502
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG22087203

California Regional Multiple Listing Service (CRMLS)

APN: 223-270-076