NOT LISTED FOR SALE

Estimated Value: $427,965 - $620,000

2 Beds
2 Baths
1,157 Sq Ft
$458/Sq Ft Est. Value

Last Sold August 06, 2013

Last sale price $185,000 $160 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $3,073/month

10 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Laundry Room
  • Polytechnic High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring

About This Home

As of August 2013

Great opportunity with lot of potential this property is located in HISTORICAL DOWNTOWN RIVERSIDE!! Duplex Located close to the Mission Inn, the Fox Theatre, shops and Restaurants. This property has two units a Studio approx. 600 Sq. FT. and a 2 bedroom 1 bath unit with a carpet and window coverings, a spacious kitchen, dining room, laundry area and private patio has approx. 1200 Sq. FT. SOLD AS IS!!!!!! BUYER TO VERIFY.

Last Agent to Sell the Property

Ruby Frazier

FRAZIER GROUP REALTY License #01751773 Listed on: 04/07/2013

Co-Listed By

Briana Frazier

FRAZIER GROUP REALTY License #01751473

Last Buyer's Agent

Briana Frazier

FRAZIER GROUP REALTY License #01751473

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,498

Year Built

  • Built in 1906

Lot Details

  • 6,534 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 1,157 Sq Ft Home
  • Ceiling Fan
  • Neighborhood Views
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 4
  • Assessor Parcel Number 213121017

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $700
  • Trash Expense $480
  • Water Sewer Expense $1,080
  • New Taxes Expense $2,134
  • Gross Income $1,800
  • Net Operating Income $17,206

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,498

Year Built

Built in 1906

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1080.00
  • Property Type: Residential Income
  • Parcel Number: 213121017
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Levels: Two
  • Price Per Square Foot: 159.90
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Trash Expense: 480.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 1200
  • Average Studio Area: 600
  • Gross Income: 1800.00
  • Gross Scheduled Income: 21600.00
  • Insurance Expense: 700.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 17206.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4394.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2134.00
  • Tax Lot: 4
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2016
Sold by
Sampat Mahesh and Sampat Parul
Bought by
Mppd Capital Llc
Current Estimated Value
$529,991

Purchase Details

Listed on
Apr 7, 2013
Closed on
Jun 18, 2013
Sold by
Green Paul
Bought by
Sampat Mahesh and Sampat Parul
Seller's Agent
Ruby Frazier
FRAZIER GROUP REALTY
Buyer's Agent
Briana Frazier
FRAZIER GROUP REALTY
List Price
$194,000
Sold Price
$185,000
Premium/Discount to List
-$9,000
-4.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$138,750
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 2005
Sold by
Origel Raquel
Bought by
Green Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 2004
Sold by
Tadd Llc
Bought by
John Jason and Origel Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2004
Sold by
Martinez Louis and Martinez Betsy H
Bought by
Dale Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
3.94%
Mortgage Type
Commercial
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
Mppd Capital Llc -- Accommodation
Sampat Mahesh $185,000 Wfg Title Company Of Ca
Green Paul -- Wfg Title Company Of Ca
Green Paul $330,000 Fidelity National Title Co
Origel Raquel -- --
John Jason $220,000 Fidelity National Title Co
Tadd Llc -- Fidelity National Title Ins
Dale & Associates Llc -- Fidelity National Title Ins
Dale Thomas A $140,000 Fidelity National Title Co
Dale Thomas A -- Fntic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sampat Mahesh $138,750
Previous Owner Green Paul $264,000
Previous Owner John Jason $176,000
Previous Owner Dale Thomas A $112,000
Closed John Jason $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2013 08/06/13 Sold $185,000 -4.6% $160 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
04/02/2013 04/02/13 For Sale $194,000 -- $168 / 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 $2,498 $226,772 $61,288 $165,484
2023 $2,498 $217,968 $58,909 $159,059
2022 $2,442 $213,695 $57,754 $155,941
2021 $2,420 $209,506 $56,622 $152,884
2020 $2,402 $207,359 $56,042 $151,317
2019 $2,357 $203,294 $54,944 $148,350
2018 $2,312 $199,309 $53,867 $145,442
2017 $3,164 $275,000 $80,000 $195,000
2016 $2,128 $191,570 $51,775 $139,795
2015 $2,098 $188,696 $50,999 $137,697
2014 $2,078 $185,000 $50,000 $135,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV13056646

California Regional Multiple Listing Service (CRMLS)

APN: 213-121-017