NOT LISTED FOR SALE
2 Beds
2 Baths
4,200 Sq Ft
6,529 Sq Ft Lot

Sale Details

Date Sold: June 25, 2019

Last sale price $835,000 $199 Per Sq Ft

7 Days on Market

About This Home

As of June 2019

This home is located at 3030 Elgin Dr, Riverside, CA 92507 since 10 May 2019. This property was built in 1964. 3030 Elgin Dr is a home located in Riverside County with nearby schools including Highland Elementary, University Heights Middle School, and John W. North High School.

Last Agent to Sell the Property

Sean Hwangbo

TNG REAL ESTATE CONSULTANTS License #01945497 Listed on: 05/10/2019

TNG REAL ESTATE CONSULTANTS

Last Buyer's Agent

Sean Hwangbo

TNG REAL ESTATE CONSULTANTS License #01945497 Listed on: 05/10/2019

TNG REAL ESTATE CONSULTANTS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,529 Sq Ft Lot
  • Two or More Common Walls
  • Density is 21-25 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,200 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 2602
  • Assessor Parcel Number 250121012

Community Details

Overview

  • Property has a Home Owners Association
  • 4 Units

Recreation

  • Community Pool

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,000
  • Fuel Expense $536
  • Insurance Expense $1,000
  • Trash Expense $1
  • Water Sewer Expense $1,488
  • New Taxes Expense $10,658
  • Operating Expense $23,128
  • Gross Income $67,548
  • Net Operating Income $44,449

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

6,529 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 5.11
  • Property Attached: Yes
  • Water Sewer Expenses: 1488.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 250121012
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 198.81

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Outside
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 21-25 Units/Acre
  • Lot Size Sq Ft: 6529.00
  • Lot Size Acres: 0.1499

Multi Family

  • Average2 Bed Area: 1050 Square Feet
  • Electric Expense: 1000.00
  • Fuel Expense: 536.00
  • Gross Income: 67548.00
  • Gross Scheduled Income: 68400.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6529.0000 Square Feet
  • Net Operating Income: 44449.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 23099.00
  • Rent Control: No
  • Total Expenses: 23128.00

Tax Info

  • New Taxes Expense: 10658.00
  • Tax Census Tract: 422.10
  • Tax Lot: 8
  • Tax Tract Number: 2602

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
May 10, 2019
Closed on
May 23, 2019
Sold by
Bought by
Seller's Agent
Sean Hwangbo
TNG REAL ESTATE CONSULTANTS
Buyer's Agent
Sean Hwangbo
MARCUS & MILLICHAP
List Price
$869,900
Sold Price
$835,000
Premium/Discount to List
-$34,900
-4.01%

Purchase Details

Listed on
Oct 19, 2018
Closed on
Nov 20, 2018
Sold by
Bought by
Seller's Agent
Sean Hwangbo
TNG REAL ESTATE CONSULTANTS
Buyer's Agent
Sean Hwangbo
MARCUS & MILLICHAP
List Price
$700,000
Sold Price
$660,000
Premium/Discount to List
-$40,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.19%
Original Mortgage
$495,000
Interest Rate
0.048%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2018
Closed on
Nov 15, 2018
Sold by
Bought by
Seller's Agent
Sean Hwangbo
TNG REAL ESTATE CONSULTANTS
Buyer's Agent
Sean Hwangbo
MARCUS & MILLICHAP
List Price
$700,000
Sold Price
$660,000
Premium/Discount to List
-$40,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
0.048%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2018
Closed on
Nov 7, 2018
Sold by
Bought by
Seller's Agent
Sean Hwangbo
TNG REAL ESTATE CONSULTANTS
Buyer's Agent
Sean Hwangbo
MARCUS & MILLICHAP
List Price
$700,000
Sold Price
$660,000
Premium/Discount to List
-$40,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
0.048%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2005
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
$461,250
Interest Rate
0.0584%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 27, 2000
Sold by
Bought by

Purchase Details

Closed on
Apr 6, 1994
Sold by
Bought by
Source: Public Records
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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
$835,000 First American Title Co Sb
-- First American Title Company
-- First American Title Company
$66,000 First American Title Company
$615,000 First American Title Company
-- First American Title Co
$140,000 First American Title Ins 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
Closed $495,000
Closed $441,200
Closed $461,250
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
06/25/2019 06/25/19 Sold $835,000 -4.0% $199 / Sq Ft
05/10/2019 05/10/19 For Sale $869,900 +31.8% $207 / Sq Ft
12/04/2018 12/04/18 Sold $660,000 -5.7% $157 / Sq Ft View Prior Sale
10/19/2018 10/19/18 For Sale $700,000 -- $167 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,149 $931,453 $223,101 $708,352
2023 $10,149 $895,286 $214,439 $680,847
2022 $9,920 $877,733 $210,235 $667,498
2021 $9,771 $860,523 $206,113 $654,410
2020 $9,698 $851,700 $204,000 $647,700
2019 $7,479 $660,000 $180,000 $480,000
2018 $7,088 $625,000 $165,000 $460,000
2017 $6,931 $418,951 $146,633 $272,318
2016 $4,571 $418,951 $146,633 $272,318
2015 $4,359 $399,000 $139,650 $259,350
2014 $4,197 $207,000 $75,000 $132,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19109417

California Regional Multiple Listing Service (CRMLS)

APN: 250-121-012

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