Seller's Agent in 2015
Tom Harness
RE/MAX
(951) 776-7500
60 Total Sales
3171 Mulberry St Riverside, CA 92501
Downtown Riverside NeighborhoodEstimated Value: $541,000 - $783,000
4
Beds
3
Baths
2,048
Sq Ft
$345/Sq Ft
Est. Value
Highlights
- Private Yard
- Tile Countertops
- Attached Carport
- Cooling System Mounted To A Wall/Window
- Laundry Room
- Ceiling Fan
About This Home
As of September 2015****$20,000 price reduction ***Location, location, location, these units are located in one Riverside's best historical neighborhoods, (an added feature that the Mulberry units have is that a lot of these homes display "pride of ownership" and Mulberry St offers limited accessso there is low traffic volume.)
As for the units:
3171 is a 2 bed room one bath unit w/1 car space garage approximately 832 sqft currently rents for $1010 on a month to moth agreement.
3195/3198 is a duplex 1 bed room 1 bath each renting on a month to month agreement $850 a month.
Seller pays water/sewer and trash, while tenants pay electric, cable, gas.
Being freeway close,walking distance to downtown, UCR not to far awayand much more make this 3 plex an excellent investment.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1946
Lot Details
- 7,841 Sq Ft Lot
- No Common Walls
- Wood Fence
- Paved or Partially Paved Lot
- Level Lot
- Private Yard
- Back Yard
Parking
- 1 Car Garage
- Attached Carport
- Parking Available
Home Design
- Stucco
Interior Spaces
- 2,048 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Tile Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, insurance
- Tax Lot 3
- Tax Tract Number 707
- Assessor Parcel Number 213042011
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $800
- Trash Expense $30
- Water Sewer Expense $30
- New Taxes Expense $4,300
- Gross Income $2,710
- Net Operating Income $27,300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 21, 2017
Sold by
Howell Lawrence H and Howell Denise H
Bought by
Howell Lawrence H and Howell Denise H
Current Estimated Value
Purchase Details
Listed on
Jun 17, 2015
Closed on
Aug 24, 2015
Sold by
Connor James K and Connor Frances L
Bought by
Howell Lawrence H and Howell Denise H
Seller's Agent
Tom Harness
RE/MAX HORIZON
Buyer's Agent
John LoCascio
Re/Max Platinum Realty
List Price
$419,900
Sold Price
$405,000
Premium/Discount to List
-$14,900
-3.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$303,750
Outstanding Balance
$237,837
Interest Rate
3.9%
Mortgage Type
Commercial
Estimated Equity
$467,704
Purchase Details
Closed on
Dec 14, 2001
Sold by
Rodriguez Rudolph C and Rodriguez Julie R
Bought by
Connor James K and Connor Frances L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.13%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Howell Lawrence H | -- | None Available | |
| Howell Lawrence H | $405,000 | First American Title Company | |
| Connor James K | $160,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Howell Lawrence H | $303,750 | |
| Previous Owner | Connor James K | $128,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/23/2015 09/23/15 | Sold | $405,000 | -3.5% | $198 / Sq Ft |
| 08/09/2015 08/09/15 | Pending | -- | -- | -- |
| 06/17/2015 06/17/15 | For Sale | $419,900 | -- | $205 / 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 | $5,209 | $479,432 | $118,377 | $361,055 |
| 2023 | $5,209 | $460,817 | $113,781 | $347,036 |
| 2022 | $5,090 | $451,782 | $111,550 | $340,232 |
| 2021 | $5,023 | $442,924 | $109,363 | $333,561 |
| 2020 | $4,985 | $438,383 | $108,242 | $330,141 |
| 2019 | $4,892 | $429,788 | $106,120 | $323,668 |
| 2018 | $4,796 | $421,362 | $104,040 | $317,322 |
| 2017 | $4,716 | $413,100 | $102,000 | $311,100 |
| 2016 | $4,413 | $405,000 | $100,000 | $305,000 |
| 2015 | $2,187 | $196,656 | $49,159 | $147,497 |
| 2014 | $2,167 | $192,805 | $48,197 | $144,608 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Harness
-
John LoCascio
J
Buyer's Agent in 2015
John LoCascio
RE/MAX
(909) 260-5310
22 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV15131728
APN: 213-042-011
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