NOT LISTED FOR SALE

3360 Fairmount Blvd Riverside, CA 92501

Downtown Riverside Neighborhood

Estimated Value: $908,000 - $1,745,477

9 Beds
3 Baths
2,876 Sq Ft
$413/Sq Ft Est. Value

Sale Details

Date Sold: May 30, 2017

Last sale price $560,000 $195 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $7,001 / mo

40 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • No Heating

About This Home

As of May 2017

BACK IN THE MARKET!!! LOCATION, LOCATION, LOCATION. Bring your Investor to this Historical triplex in Downtown area. Great investment property with plenty of parking space for all tenants. Seller is very motivated, prompt response.

Last Agent to Sell the Property

Socorro Maldonado

KPM INVESTMENT ENTERPRISES INC License #01309880 Listed on: 03/22/2017

Last Buyer's Agent

Maria Contreras

eXp Realty of Southern Ca, Inc License #01971645

eXp Realty of Southern Ca, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 8,712 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Home Design

  • 2,876 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Additional Features

  • Suburban Location
  • No Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 8
  • Tax Tract Number 1
  • Assessor Parcel Number 213101001

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,005
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • New Taxes Expense $3,483
  • Operating Expense $7,288
  • Gross Income $3,150
  • Net Operating Income $3,150

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: R3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 213101001
  • Year Built: 1911
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 194.71

Exterior Features

  • Pool Private: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 8712.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3150.00
  • Gross Scheduled Income: 3300.00
  • Insurance Expense: 2005.00
  • Net Operating Income: 3150.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 607.00
  • Rent Control: No
  • Total Expenses: 7288.00

Tax Info

  • New Taxes Expense: 3483.00
  • Tax Census Tract: 303.00
  • Tax Lot: 8
  • Tax Tract Number: 1

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

Closed on
Jun 29, 2021
Sold by
Bought by
Current Estimated Value
$1,187,492

Purchase Details

Closed on
Mar 5, 2021
Sold by
Bought by

Purchase Details

Closed on
Jul 24, 2019
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
$532,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2017
Closed on
May 26, 2017
Sold by
Bought by
Seller's Agent
Socorro Maldonado
KPM INVESTMENT ENTERPRISES INC
Buyer's Agent
Maria Contreras
eXp Realty of Southern Ca, Inc
List Price
$571,900
Sold Price
$560,000
Premium/Discount to List
-$11,900
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
Original Mortgage
$549,857
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 2006
Sold by
Bought by

Purchase Details

Closed on
Mar 19, 2004
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
$150,000
Interest Rate
5.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2004
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
$150,000
Interest Rate
5.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2002
Sold by
Bought by

Purchase Details

Closed on
Jul 19, 2001
Sold by
Bought by

Purchase Details

Closed on
Jun 30, 2001
Sold by
Bought by

Purchase Details

Closed on
May 3, 2001
Sold by
Bought by

Purchase Details

Closed on
May 10, 2000
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
$188,446
Interest Rate
8.19%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
-- None Listed On Document
-- None Available
-- Ticor Title
$1,120,000 Fidelity National Title Comp
-- Ticor Title Company
$250,000 First American Title Co
-- First American Title Co
-- Fidelity
$208,016 --
-- --
-- --
$190,000 Southland Title Corporation
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
Previous Owner $532,500
Previous Owner $549,857
Previous Owner $150,000
Previous Owner $188,446
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
05/30/2017 05/30/17 Sold $560,000 -1.6% $195 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
04/29/2017 04/29/17 Price Changed $568,888 -0.5% $198 / Sq Ft
03/22/2017 03/22/17 For Sale $571,900 -- $199 / 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 $7,048 $643,550 $114,918 $528,632
2023 $7,048 $618,561 $110,456 $508,105
2022 $6,890 $606,434 $108,291 $498,143
2021 $6,793 $594,544 $106,168 $488,376
2020 $6,742 $588,449 $105,080 $483,369
2019 $6,681 $582,624 $104,040 $478,584
2018 $6,552 $571,200 $102,000 $469,200
2017 $3,745 $319,850 $97,998 $221,852
2016 $3,483 $313,579 $96,077 $217,502
2015 $3,434 $308,871 $94,635 $214,236
2014 $3,403 $302,823 $92,782 $210,041
Source: Public Records

Agents Affiliated with this Home

  • Socorro Maldonado

    Seller's Agent in 2017

    Socorro Maldonado

    KPM INVESTMENT ENTERPRISES INC

    (626) 653-2160

    45 Total Sales

    Socorro Maldonado
    Section Image
  • Maria Contreras

    Buyer's Agent in 2017

    Maria Contreras

    eXp Realty of Southern Ca, Inc

    (951) 903-2338

    39 Total Sales

    Maria Contreras
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17063127

California Regional Multiple Listing Service (CRMLS)

APN: 213-101-001

California Riverside County Riverside 92501 Downtown Riverside

3360 Fairmount Blvd, Riverside, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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