NOT LISTED FOR SALE

2932 5th St Riverside, CA 92507

Eastside Neighborhood

Estimated Value: $649,000 - $923,000

4 Beds
3 Baths
1,660 Sq Ft
$441/Sq Ft Est. Value

Sale Details

Date Sold: January 6, 2021

Last sale price $500,000 $301 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,447 / mo

About This Home

Looking to add another property to your investment portfolio? Don’t miss your chance at this special opportunity in the bustling Riverside area. Located near local freeways and just minutes away from downtown Riverside, your tenants will love the easy commute to the University of California – Riverside and to all of the great local amenities and entertainment. Offering three units, all already tenant occupied and actively paying rent, the return on your investment starts flowing the second you sign the papers.

This property has been carefully maintained by the current owner, including a completely updated second-floor unit, all new dual pane windows, upgraded deck, fresh exterior stucco and paint around the entire property including the garage structure and a newer roof. The main floor is split into two separate units while the larger third unit sits alone on the second floor for added privacy and higher rent. Your tenants will love that each unit comes with its own private garage for covered parking or additional storage. Looking to add even more investment opportunity? There’s plenty of space in the back of the property for future expansion with limitless possibilities. Don’t let this one pass you by! Check it out for yourself today!

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Dec 22, 2020
Sold by
Bought by
Seller's Agent
Anthony Tafesh
PINNACLE REAL ESTATE GROUP
Buyer's Agent
Aaron Mejia
Christie's Int. R.E. SoCal
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$731,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,823
Avg. Annual Appreciation
7.24%
Original Mortgage
$375,000
Outstanding Balance
$333,862
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$397,961

Purchase Details

Listed on
Aug 26, 2020
Closed on
Dec 14, 2020
Sold by
Bought by
Seller's Agent
Anthony Tafesh
PINNACLE REAL ESTATE GROUP
Buyer's Agent
Aaron Mejia
Christie's Int. R.E. SoCal
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$333,862
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$397,961

Purchase Details

Closed on
Oct 5, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 6, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,000 Wfg National Title Company
$500,000 Wfg National Title
$75,000 First American Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $375,000
Closed $375,000
Previous Owner $65,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2021 01/06/21 Sold $500,000 0.0% $301 / Sq Ft View Prior Sale
12/02/2020 12/02/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $499,900 0.0% $301 / Sq Ft
09/01/2020 09/01/20 Off Market $500,000 -- --
08/26/2020 08/26/20 For Sale $499,900 -- $301 / Sq Ft

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,923 $541,216 $135,304 $405,912
2023 $5,923 $520,200 $130,050 $390,150
2022 $5,789 $510,000 $127,500 $382,500
2021 $1,346 $108,600 $43,436 $65,164
2020 $1,337 $107,487 $42,991 $64,496
2019 $1,313 $105,381 $42,149 $63,232
2018 $1,290 $103,316 $41,324 $61,992
2017 $1,269 $101,291 $40,514 $60,777
2016 $1,194 $99,306 $39,720 $59,586
2015 $1,178 $97,816 $39,124 $58,692
2014 $1,167 $95,902 $38,358 $57,544
Source: Public Records

Agents Affiliated with this Home

  • Anthony Tafesh

    Seller's Agent in 2021

    Anthony Tafesh

    PINNACLE REAL ESTATE GROUP

    (626) 964-5500

    1 in this area

    73 Total Sales

    Anthony Tafesh
    Section Image

  • A

    Buyer's Agent in 2021

    Aaron Mejia

    Christie's Int. R.E. SoCal

    Section Image
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Map

California Riverside County Riverside 92507 Eastside

2932 5th St, Riverside, CA

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