NOT LISTED FOR SALE

Estimated Value: $321,434 - $395,000

2 Beds
2 Baths
638 Sq Ft
$561/Sq Ft Est. Value

Last Sold January 31, 2014

Last sale price $150,000 $235 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,227/month

28 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Garage
  • Wood Siding
  • No HOA
  • Wood Fence
  • Carpet

About This Home

As of January 2014

Charming Duplex in Downtown Riverside. Each unit has 1 bedroom & 1 bath each. Units are separately metered. Smaller 2 car detached garage in the back. Easy access to the 91 freeway (commuter friendly). Walking distance to the Mission Inn and all of the dining, shopping and entertainment in Downtown. Property being sold in AS-IS Condition. Seller has never occupied the property. Seller prefers cash buyer. NOTE: Per appraiser's measurements, Unit #1 is actually 504 sq.ft. and Unit #2 is actually 484 sq.ft. (total of 988 sq.ft.). Tax records state the square footage is 638 sq.ft. Buyer to verify square footage and permits if that is a factor in buyer's decision to purchase this duplex.

Last Agent to Sell the Property

John Babai

John Babai, Broker License #01347118 Listed on: 07/12/2013

Co-Listed By

Valene Sarno

John Babai, Broker License #01467572

Last Buyer's Agent

John Babai

John Babai, Broker License #01347118 Listed on: 07/12/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Chain Link Fence

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Cape Cod Architecture
  • Property Attached
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 638 Sq Ft Home
  • 1-Story Property
  • Carpet

Kitchen

  • Free-Standing Range
  • Range Hood

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 4 / 3
  • Tax Tract Number 7
  • Assessor Parcel Number 213121004

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • New Taxes Expense $2,000
  • Gross Income $1,500
  • Net Operating Income $11,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Architectural Style: Cape Cod
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 213121004
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 235.11

Exterior Features

  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Appliances: Free-Standing Range, Range Hood
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Multi Family

  • Gross Income: 1500.00
  • Gross Scheduled Income: 18000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 4792.0000 Square Feet
  • Net Operating Income: 11700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 2000.00
  • Tax Block: 3
  • Tax Lot: 4
  • Tax Tract Number: 007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2013
Sold by
Csulb 49Er Foundation
Bought by
City Of Riverside
Current Estimated Value
$357,811

Purchase Details

Closed on
Jun 24, 2013
Sold by
Pusavat Yoko Sasai
Bought by
Csulb 49Er Foundation

Purchase Details

Closed on
Oct 7, 1996
Sold by
Dhongchai Pusavat and Dhongchai Yoko Pusavat
Bought by
Pusavat Dhongchai and Pusavat Yoko Sasai
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
City Of Riverside $150,000 Ticor Title Tustin Orange Co
Csulb 49Er Foundation -- Ticor Title Company
Pusavat Dhongchai -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2014 01/31/14 Sold $150,000 +0.1% $235 / Sq Ft
08/09/2013 08/09/13 Pending -- -- --
07/12/2013 07/12/13 For Sale $149,900 -- $235 / 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 -- -- -- --
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $140,000 $40,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG13137061

California Regional Multiple Listing Service (CRMLS)

APN: 213-121-004