2938 9th St Riverside, CA 92507
Eastside NeighborhoodEstimated Value: $669,000 - $908,000
5
Beds
4
Baths
2,240
Sq Ft
$366/Sq Ft
Est. Value
About This Home
As of July 2018Great Cash Flowing Property!! Property was fully upgraded within the last 2 years. Property fully rented by the City of Riverside Housing Dept, not Sect 8. It is part of the Great City of Riverside's efforts for Housing. This has 3 units of 1 bd 1 ba, and 1 unit of 2 bd 2 ba, City has cleared its as a 4 Unit and of Non-Historic, so Upgrading and Remodeling is ok.
Last Agent to Sell the Property
Golden California License #01223058 Listed on: 06/15/2018
Last Buyer's Agent
Berkshire Hathaway Home Services California Properties License #01787955
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,259
Year Built
- Built in 1908
Lot Details
- 10,454 Sq Ft Lot
- No Common Walls
Interior Spaces
- 2,240 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Utilities
- No Heating
Listing and Financial Details
- Tax Lot 14
- Tax Tract Number 21
- Assessor Parcel Number 211191009
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $4,589
- Fuel Expense $1,577
- Gardener Expense $1,200
- Insurance Expense $1,145
- Professional Management Expense $2,500
- Water Sewer Expense $3,611
- New Taxes Expense $6,238
- Operating Expense $21,248
- Gross Income $55,500
- Net Operating Income $34,253
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 15, 2018
Closed on
Jul 20, 2018
Sold by
Capitalist Masters Group Llc
Bought by
Community Housing Development Llc
Seller's Agent
Manuel Marquez
Golden California
Buyer's Agent
Diane S Sanchez
Berkshire Hathaway Home Services California Properties
List Price
$499,900
Sold Price
$511,000
Premium/Discount to List
$11,100
2.22%
Total Days on Market
13
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
$309,027
Avg. Annual Appreciation
6.51%
Original Mortgage
$420,000
Outstanding Balance
$368,512
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$418,495
Purchase Details
Listed on
Dec 2, 2015
Closed on
Jan 28, 2016
Sold by
Investnotic Dp Fund Iv Llc
Bought by
Capitalist Masters Group Llc
Seller's Agent
Jose Diaz
JOSE ANTONIO DIAZ, BROKER
Buyer's Agent
Aaron Marin
SAN MARINO REALTY
List Price
$299,900
Sold Price
$260,000
Premium/Discount to List
-$39,900
-13.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.32%
Original Mortgage
$340,000
Interest Rate
3.98%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 21, 2015
Sold by
Investnotic Fund Ii Llc
Bought by
Investnotic Dp Fund Vi Llc
Purchase Details
Listed on
Mar 5, 2015
Closed on
Mar 9, 2015
Sold by
Carignan Tracie Y
Bought by
Investnotic Fun Ii Llc
Seller's Agent
Paco Craig
NATIONAL REALTY GROUP
Buyer's Agent
Paco Craig
NATIONAL REALTY GROUP
List Price
$200,000
Sold Price
$162,500
Premium/Discount to List
-$37,500
-18.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.76%
Original Mortgage
$100,000
Interest Rate
3.73%
Mortgage Type
Commercial
Similar Homes in Riverside, CA
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 |
|---|---|---|---|
| Community Housing Development Llc | $511,000 | Lawyers Title | |
| Capitalist Masters Group Llc | $260,000 | Stewart Title Of Ca Inc | |
| Investnotic Dp Fund Iv Llc | -- | None Available | |
| Investnotic Dp Fund Vi Llc | -- | Stewart Title Of Ca Inc | |
| Investnotic Fun Ii Llc | $162,500 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Community Housing Development Llc | $420,000 | |
| Previous Owner | Capitalist Masters Corp | $50,000 | |
| Previous Owner | Capitalist Masters Group | $340,000 | |
| Previous Owner | Investnotic Fund Ii Llc | $100,000 | |
| Previous Owner | Investnotic Fund Ii Llc | $157,612 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2018 07/24/18 | Sold | $511,000 | +2.2% | $228 / Sq Ft |
| 06/28/2018 06/28/18 | Pending | -- | -- | -- |
| 06/15/2018 06/15/18 | For Sale | $499,900 | +92.3% | $223 / Sq Ft |
| 01/29/2016 01/29/16 | Sold | $260,000 | -13.3% | $129 / Sq Ft |
| 01/15/2016 01/15/16 | Pending | -- | -- | -- |
| 12/02/2015 12/02/15 | For Sale | $299,900 | +84.6% | $149 / Sq Ft |
| 03/27/2015 03/27/15 | Sold | $162,500 | -18.8% | $81 / Sq Ft |
| 03/09/2015 03/09/15 | Pending | -- | -- | -- |
| 03/05/2015 03/05/15 | For Sale | $200,000 | -- | $100 / 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 |
|---|---|---|---|---|
| 2023 | $6,259 | $547,892 | $94,681 | $453,211 |
| 2022 | $6,119 | $537,150 | $92,825 | $444,325 |
| 2021 | $6,036 | $526,618 | $91,005 | $435,613 |
| 2020 | $5,991 | $521,219 | $90,072 | $431,147 |
| 2019 | $5,879 | $511,000 | $88,306 | $422,694 |
| 2018 | $3,188 | $270,504 | $72,828 | $197,676 |
| 2017 | $3,133 | $265,200 | $71,400 | $193,800 |
| 2016 | $2,939 | $260,000 | $70,000 | $190,000 |
| 2015 | $2,131 | $184,431 | $61,477 | $122,954 |
| 2014 | $421 | $23,993 | $7,912 | $16,081 |
Source: Public Records
Agents Affiliated with this Home
-
Manuel Marquez
Seller's Agent in 2018
Manuel Marquez
Golden California
(909) 429-2120
26 Total Sales
-
Diane S Sanchez
Buyer's Agent in 2018
Diane S Sanchez
Berkshire Hathaway Home Services California Properties
(562) 644-0897
10 Total Sales
-
Jose Diaz
J
Seller's Agent in 2016
Jose Diaz
JOSE ANTONIO DIAZ, BROKER
(949) 243-9170
61 Total Sales
-
Aaron Marin
Buyer's Agent in 2016
Aaron Marin
SAN MARINO REALTY
(714) 609-1620
37 Total Sales
-
Paco Craig
Seller's Agent in 2015
Paco Craig
NATIONAL REALTY GROUP
(951) 312-9502
1 in this area
42 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV18141078
APN: 211-191-009
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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
Nearby Homes