NOT LISTED FOR SALE

Estimated Value: $841,000 - $1,193,805

9 Beds
4 Baths
7,841 Sq Ft
$135/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $1,200,000 $153 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $6,334/month

Highlights

  • Laundry Room
  • No Heating
  • 4-minute walk to Lincoln Park
  • Polytechnic High School Rated A-
  • 1-Story Property

About This Home

As of May 2024

MLS comp purposes Only- Make it a home or add it to your rental portfolio. Five minutes away from Downtown Riverside. The First unit is a 3 bedroom, 1 bath & the other 3 Units are 2 Bed/ 1 Bath. Three units are long term tenants- 1 unit is currently on the market. The property has been recently renovated on the exterior & interior.

Last Agent to Sell the Property

Prashant Sampat

Pacific Avenue Realty License #01916221 Listed on: 06/01/2024

Last Buyer's Agent

Prashant Sampat

Pacific Avenue Realty License #01916221 Listed on: 06/01/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,441

Year Built

  • Built in 1964

Lot Details

  • 7,841 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • Apartment

Interior Spaces

  • 7,841 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Legal Lot and Block 5 / 4
  • Assessor Parcel Number 211202005
  • $65 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $250
  • Water Sewer Expense $200
  • Operating Expense $6,000
  • Gross Income $99,540
  • Net Operating Income $93,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,441

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Price Per Unit: 300000
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 200.00
  • Zoning: R3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 211202005
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 153.04

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 250.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Gross Income: 99540.00
  • Gross Scheduled Income: 99540.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 93540.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 6000.00
  • Rent Control: No
  • Total Expenses: 6000.00

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 304.00
  • Tax Lot: 5
  • Tax Tract Number: 0000
  • TaxOtherAnnualAssessmentAmount: 65.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2024
Closed on
May 9, 2024
Sold by
Jml And Associates Llc
Bought by
Varughese Roy and Joseph-Varughese Anitha
Seller's Agent
Prashant Sampat
Pacific Avenue Realty
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$1,200,000
Sold Price
$1,200,000
Current Estimated Value
$1,018,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$181,867
Avg. Annual Appreciation
-9.42%
Original Mortgage
$840,000
Outstanding Balance
$830,177
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$234,446

Purchase Details

Listed on
Apr 23, 2022
Closed on
Jul 27, 2022
Sold by
Kamsuth Lam
Bought by
Jml And Associates Llc
Seller's Agent
ROY ERIKSEN
TRENDS RE INC
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$899,888
Sold Price
$840,000
Premium/Discount to List
-$59,888
-6.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.89%
Original Mortgage
$588,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2022
Closed on
Jun 7, 2022
Sold by
Paul Megan
Bought by
Lam Kamsuth
Seller's Agent
ROY ERIKSEN
TRENDS RE INC
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$899,888
Sold Price
$840,000
Premium/Discount to List
-$59,888
-6.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2022
Closed on
May 19, 2022
Sold by
Ward Yvette
Bought by
Lam Kamsuth
Seller's Agent
ROY ERIKSEN
TRENDS RE INC
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$899,888
Sold Price
$840,000
Premium/Discount to List
-$59,888
-6.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2014
Sold by
Ward Yvette and Mccoy Michael
Bought by
Ward Yvette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,200
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2011
Sold by
Mccoy Michael J
Bought by
Mccoy Yvette

Purchase Details

Closed on
Aug 28, 2006
Sold by
Mccoy Michael J
Bought by
Mccoy Michael J and Mccoy Yvette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 11, 2005
Sold by
Mccoy Yyvette and Mccoy Michael J
Bought by
Mccoy Michael J and Mccoy Yyvette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 5, 2002
Sold by
Mccoy Yvette
Bought by
Mccoy Michael J and Mccoy Yvette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
9.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 17, 2000
Sold by
Mccoy Michael
Bought by
Mccoy Yvette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,657
Interest Rate
8.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 29, 2000
Sold by
Ward Mack C and Rose Linda Rose
Bought by
Mccoy Yvette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,657
Interest Rate
8.2%
Mortgage Type
Seller Take Back
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
Varughese Roy $1,200,000 Priority Title
Jml And Associates Llc -- Priority Title
Lam Kamsuth -- Wfg National Title
Lam Kamsuth $840,000 Wfg National Title
Ward Yvette -- None Available
Ward Yvette -- Wfg Title Insurance Co
Mccoy Yvette -- None Available
Mccoy Michael J -- Landsafe Title Of Ca Inc
Mccoy Michael J -- Landsafe Title Of Ca Inc
Mccoy Michael J -- Commerce Title
Mccoy Michael J -- First Southwestern Title Co
Mccoy Yvette -- Fidelity National Title Ins
Mccoy Yvette $64,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varughese Roy $840,000
Previous Owner Lam Kamsuth $588,000
Previous Owner Lam Kamsuth $588,000
Previous Owner Ward Yvette $433,000
Previous Owner Ward Yvette $413,200
Previous Owner Mccoy Michael J $30,000
Previous Owner Mccoy Michael J $385,000
Previous Owner Mccoy Michael J $40,000
Previous Owner Mccoy Michael J $213,000
Previous Owner Mccoy Michael J $133,000
Previous Owner Mccoy Yvette $63,657
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2024 06/01/24 For Sale $1,200,000 0.0% $153 / Sq Ft
05/31/2024 05/31/24 Sold $1,200,000 +42.9% $153 / Sq Ft
05/31/2024 05/31/24 Pending -- -- --
07/13/2022 07/13/22 Sold $840,000 -6.7% $233 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
04/23/2022 04/23/22 For Sale $899,888 -- $250 / 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 $9,441 $1,224,000 $204,000 $1,020,000
2023 $9,441 $840,000 $200,000 $640,000
2022 $1,073 $89,428 $14,185 $75,243
2021 $1,074 $87,675 $13,907 $73,768
2020 $1,066 $86,777 $13,765 $73,012
2019 $1,047 $85,077 $13,496 $71,581
2018 $1,027 $83,410 $13,232 $70,178
2017 $1,010 $81,775 $12,973 $68,802
2016 $950 $80,172 $12,719 $67,453
2015 $936 $78,970 $12,529 $66,441
2014 $917 $77,423 $12,284 $65,139
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24107418

California Regional Multiple Listing Service (CRMLS)

APN: 211-202-005