Seller's Agent in 2019
David Babiracki
Option West Realty
(949) 337-2817
46 Total Sales
2851 Armstrong Rd Riverside, CA 92509
Sunnyslope NeighborhoodEstimated Value: $815,000 - $1,105,000
11.85
Acres
$79,755
Price per Acre
516,169
Sq Ft Lot
Highlights
- Community Stables
- Golf Course View
- No HOA
- Horse Property
- 11.85 Acre Lot
- Horse Property Improved
About This Lot
As of September 2019Live Auction! Bidding to start from $1,500,000! CALLING ALL INVESTORS, HOME BUILDERS AND LAND DEVELOPERS. This is an opportunity you do not want to miss. Two parcels totaling 11.62 acres are prime for development in a developing community. This all useable property is bordered on one side by one of California's most incredible golf courses, and on another by a new home development. Beautiful golf course views along with views of the Jurupa Mountains. This property is currently being used as an equestrian boarding facility. There are three homes on adjacent property currently being used as rentals. In addition there are two classic barns. Historically, the property was originally built as a working ranch by Johnny Longden, one of the most famous jockeys of all time. Today, the value is in the land for development. The possibilities are endless especially due to the location of this property with easy access to the 60 and 10 east/west freeways and I-15 and I-215 north/south freeways. This property is being sold 'as-is'. All offers are encouraged.
Last Agent to Sell the Property
Option West Realty License #00904817 Listed on: 04/11/2019
Co-Listed By
Mary Wilson
NON-MEMBER/NBA or BTERM OFFICE License #01370996
Property Details
Property Type
- Land
Lot Details
- 11.85 Acre Lot
- 174340026
- Property is zoned A-1
Additional Features
- Golf Course Views
- Horse Property Improved
Listing and Financial Details
- Assessor Parcel Number 174340027
Community Details
Overview
- No Home Owners Association
- Valley
Recreation
- Community Stables
- Horse Property
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2019
Closed on
Aug 7, 2019
Sold by
White Mountain Ranch Chiricahua Apache N
Bought by
Socal Investment Holding Llc
Seller's Agent
David Babiracki
Option West Realty
Buyer's Agent
Barbie Hartig
Option West Realty
List Price
$1,500,000
Sold Price
$1,025,000
Premium/Discount to List
-$475,000
-31.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,982
Avg. Annual Appreciation
-1.27%
Original Mortgage
$550,000
Interest Rate
4%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 22, 2019
Sold by
White Mountain Resort And Ranch Llc
Bought by
White Mountain Ranch Chiricahua Apache N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4%
Mortgage Type
Construction
Purchase Details
Closed on
Sep 2, 2016
Sold by
Reyes Angel
Bought by
White Mountain Resort & Ranch Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
3.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 5, 2016
Sold by
Reyes Jehan
Bought by
Reyes Angel
Purchase Details
Closed on
Jan 19, 2011
Sold by
Reyes Angel
Bought by
Reyes Jehan
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
13%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 7, 2010
Sold by
Jorei Enterprises Llc
Bought by
Reyes Jehan
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
13%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 25, 2010
Sold by
Norton Ronald J and Norton Holly W
Bought by
Jorei Enterprises Llc
Purchase Details
Closed on
Apr 30, 2009
Sold by
Norton Ronald J and Norton Holly W
Bought by
Norton Ronald J and Norton Holly W
Purchase Details
Closed on
Mar 21, 2008
Sold by
Loeb George V
Bought by
Norton Ronald J and Norton Holly W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 26, 2002
Sold by
Loeb Shirley B
Bought by
Loeb George and Loeb Shirley B
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Socal Investment Holding Llc | $575,000 | First American Title Company | |
| White Mountain Ranch Chiricahua Apache N | -- | First American Title Company | |
| White Mountain Resort & Ranch Llc | -- | First American Title Company | |
| Reyes Angel | $443,000 | First American Title Company | |
| Reyes Jehan | -- | Stewart Title | |
| Reyes Jehan | $770,000 | Stewart Title | |
| Jorei Enterprises Llc | $575,000 | Accommodation | |
| Norton Ronald J | -- | None Available | |
| Norton Ronald J | $3,950,000 | None Available | |
| Loeb George | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | White Mountain Ranch Chiricahua Apache N | $550,000 | |
| Previous Owner | White Mountain Resort & Ranch Llc | $405,000 | |
| Previous Owner | Reyes Jehan | $385,000 | |
| Previous Owner | Norton Ronald J | $1,800,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/13/2019 09/13/19 | Sold | $1,025,000 | -31.7% | $650 / Sq Ft |
| 08/06/2019 08/06/19 | Pending | -- | -- | -- |
| 04/11/2019 04/11/19 | For Sale | $1,500,000 | -- | $951 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,785 | $723,114 | $425,426 | $297,688 |
| 2023 | $7,785 | $695,036 | $408,907 | $286,129 |
| 2022 | $7,651 | $681,409 | $400,890 | $280,519 |
| 2021 | $7,593 | $668,049 | $393,030 | $275,019 |
| 2020 | $7,524 | $661,200 | $389,000 | $272,200 |
| 2019 | $4,141 | $359,471 | $221,655 | $137,816 |
| 2018 | $3,947 | $352,423 | $217,309 | $135,114 |
| 2017 | $3,966 | $345,514 | $213,049 | $132,465 |
| 2016 | $3,912 | $338,740 | $208,872 | $129,868 |
| 2015 | $3,860 | $333,654 | $205,736 | $127,918 |
| 2014 | $3,599 | $327,120 | $201,707 | $125,413 |
Source: Public Records
Agents Affiliated with this Home
-
David Babiracki
-
M
Seller Co-Listing Agent in 2019
Mary Wilson
NON-MEMBER/NBA or BTERM OFFICE
-
Barbie Hartig
Buyer's Agent in 2019
Barbie Hartig
Option West Realty
(949) 607-7211
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC19089258
APN: 174-340-027
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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