NOT LISTED FOR SALE

3338 Riverview Dr Riverside, CA 92509

Estimated Value: $581,000

15 Beds
9 Baths
2,000 Sq Ft
$290/Sq Ft Est. Value

Last Sold April 30, 2013

Last sale price $705,000 $352 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $3,069/month

17 Days on Market

About This Home

As of April 2013

*PERFECT FOR ALL INVESTORS*GREAT LOCATION *THESE ARE 9 UNITS ON ONE LOT*ALL UNITS OCCUPIED* NO COMMON WALLS * THEY ALL HAVE THERE OWN DRIVEWAY AND 1 CAR GARAGE*FENCED BACK YARD*

Last Agent to Sell the Property

MICHAEL NOVAK-SMITH

RE/MAX ONE License #01032149 Listed on: 03/04/2013

RE/MAX ONE

Last Buyer's Agent

JOSE SARABIA

Gateway California Realty License #01768043

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,813

Year Built

  • Built in 1952

Lot Details

  • 0.91 Acre Lot
  • No Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 9 Car Garage

Home Design

  • 2,000 Sq Ft Home

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 9 Bathrooms

Additional Features

  • Suburban Location
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 21
  • Assessor Parcel Number 179060030

Community Details

Overview

  • 9 Buildings
  • 9 Units

Building Details

  • 9 Leased Units
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $80,424

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,813

Year Built

Built in 1952

Lot Details

0

Parking

9

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 179060030
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 352.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 9.00
  • Total Parking Spaces: 9.00

Utilities

  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 39640.00
  • Lot Size Acres: 0.9100

Multi Family

  • Gross Scheduled Income: 99600.00
  • Lot Size Area: 39640.0000 Square Feet
  • Net Operating Income: 80424.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 9
  • Number Of Units Total: 9
  • Operating Expense: 19176.00
  • Rent Control: No
  • Total Actual Rent: 7400.00

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 021
  • Tax Annual Amount: 1813.00
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2015
Sold by
Landexcorp Llc
Bought by
Landexcorp Llc
Current Estimated Value
$581,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Outstanding Balance
$262,775
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$318,225

Purchase Details

Listed on
Mar 4, 2013
Closed on
Mar 29, 2013
Sold by
May Margaret A
Bought by
Landexcorp Llc
Seller's Agent
MICHAEL NOVAK-SMITH
RE/MAX ONE
Buyer's Agent
JOSE SARABIA
Gateway California Realty
List Price
$790,000
Sold Price
$705,000
Premium/Discount to List
-$85,000
-10.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.54%
Original Mortgage
$528,750
Outstanding Balance
$375,415
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$205,585
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Landexcorp Llc -- Chicago Title Company
Landexcorp Llc $705,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landexcorp Llc $335,000
Open Landexcorp Llc $528,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2013 04/30/13 Sold $705,000 -10.8% $353 / Sq Ft
03/21/2013 03/21/13 Pending -- -- --
03/04/2013 03/04/13 For Sale $790,000 -- $395 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $335 $30,779 $30,779 --
2023 $335 $29,585 $29,585 $0
2022 $330 $29,005 $29,005 $0
2021 $327 $28,437 $28,437 $0
2020 $325 $28,146 $28,146 $0
2019 $318 $27,595 $27,595 $0
2018 $308 $27,054 $27,054 $0
2017 $305 $26,524 $26,524 $0
2016 $301 $26,004 $26,004 $0
2015 $297 $25,614 $25,614 $0
2014 $277 $25,113 $25,113 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Buyer's Agent in 2013

    JOSE SARABIA

    Gateway California Realty

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV13035943

California Regional Multiple Listing Service (CRMLS)

APN: 179-060-029

California Riverside County Riverside 92509

3338 Riverview Dr, Riverside, CA

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