NOT LISTED FOR SALE

Estimated Value: $490,682 - $587,000

4 Beds
2 Baths
1,407 Sq Ft
$391/Sq Ft Est. Value

Last Sold March 07, 2017

Last sale price $295,000 $210 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,219/month

92 Days on Market

Highlights

  • Fireplace in Kitchen
  • No HOA
  • Back and Front Yard
  • Polytechnic High School Rated A-

About This Home

As of March 2017

Great Duplex in Downtown Riverside! Just blocks from museums, theaters, convention center, restaurants and MORE! Lower
unit features a front porch area, formal living room, dining room, kitchen, 3 bedrooms plus bonus room. Upstairs unit features
living room, kitchen and bedroom. Small back yard with access to basement area which is currently used as a laundry room
and storage. Long­term tenants with below market rents. Note: 1407 square feet total per tax records, but may be larger.

Last Agent to Sell the Property

Geoffrey Hartman

Presta Realty License #01942554 Listed on: 09/13/2016

Last Buyer's Agent

Alex Carmona

PAK Home Realty License #01510760

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,659

Year Built

  • Built in 1927

Lot Details

  • 2,614 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • On-Street Parking

Interior Spaces

  • 1,407 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Bonus Room with Fireplace
  • Fireplace in Kitchen
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 121
  • Assessor Parcel Number 213121006

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $950
  • Water Sewer Expense $600
  • Operating Expense $3,500
  • Gross Income $22,800
  • Net Operating Income $19,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,659

Year Built

Built in 1927

Lot Details

0

Listing Details

  • CapRate: 6.50
  • Other Phone Description: 8186135420
  • Other Phone Number: 8186135420
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 600.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 213121006
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Fireplace Features: Bonus Room, Dining Room, Family Room, Kitchen
  • Levels: Two
  • Price Per Square Foot: 209.67
  • Room Type: Basement

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard
  • Lot Size Sq Ft: 2614.00

Multi Family

  • Gross Income: 22800.00
  • Gross Scheduled Income: 22800.00
  • Insurance Expense: 950.00
  • Net Operating Income: 19300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 3500.00
  • Rent Control: No
  • Total Actual Rent: 1900.00
  • Total Expenses: 3500.00

Tax Info

  • Tax Census Tract: 303.00
  • Tax Lot: 4
  • Tax Tract Number: 121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2020
Sold by
Pedral Marlenee Lizeth Blas
Bought by
Pedral Marlenee Lizeth Blas and Marlenee Lizeth Blas
Current Estimated Value
$549,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,100
Outstanding Balance
$277,980
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$273,008

Purchase Details

Closed on
Dec 20, 2016
Sold by
Oe Holdings Llc
Bought by
Pedral Marlenee Lizeth Blas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Interest Rate
4.09%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2011
Sold by
Federal National Mortgage Association
Bought by
Oe Holdings Llc

Purchase Details

Closed on
Nov 18, 2010
Sold by
Decaliz Ofelia Diaz
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 4, 2008
Sold by
Decaliz Ofelia Diaz and Caliz Alejandra
Bought by
Decaliz Ofelia Diaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 6, 2006
Sold by
Baeza Jesus Caliz
Bought by
Decaliz Offelia Diaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 7, 2004
Sold by
Decaliz Ofelia Diaz
Bought by
Decaliz Ofelia Diaz and Caliz Alejandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2002
Sold by
Caliz Alejandra and Diaz Marin
Bought by
Decaliz Ofelia Diaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,500
Interest Rate
6.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 22, 1996
Sold by
Corral Oscar S
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 27, 1995
Sold by
Leth Douglas
Bought by
Corral Oscar S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,700
Interest Rate
8.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 1994
Sold by
Hud
Bought by
Leth Douglas

Purchase Details

Closed on
Oct 18, 1994
Sold by
Leth Vicki
Bought by
Leth Douglas

Purchase Details

Closed on
Aug 17, 1993
Sold by
T D Service Company
Bought by
Commercial Center Bank
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Pedral Marlenee Lizeth Blas -- None Available
Pedral Marlenee Lizeth Blas $295,000 Fidelity National Title Comp
Oe Holdings Llc $85,000 Servicelink
Federal National Mortgage Association $195,440 Servicelink
Decaliz Ofelia Diaz -- Ticor Title Redlands
Decaliz Offelia Diaz -- Equity Title Company
Decaliz Ofelia Diaz -- Gateway Title Company San Be
Decaliz Ofelia Diaz -- Fidelity National Title
Federal National Mortgage Association $103,000 United Title Company
Corral Oscar S $113,000 Continental Lawyers Title Co
Leth Douglas $52,000 Continental Lawyers Title Co
Leth Douglas -- Continental Lawyers Title Co
Commercial Center Bank $148,685 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pedral Marlenee Lizeth Blas $289,656
Previous Owner Decaliz Ofelia Diaz $190,000
Previous Owner Decaliz Offelia Diaz $131,000
Previous Owner Decaliz Ofelia Diaz $100,000
Previous Owner Decaliz Ofelia Diaz $65,500
Previous Owner Corral Oscar S $101,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2017 03/07/17 Sold $295,000 0.0% $210 / Sq Ft
01/18/2017 01/18/17 For Sale $295,000 0.0% $210 / Sq Ft
12/14/2016 12/14/16 Pending -- -- --
11/14/2016 11/14/16 For Sale $295,000 0.0% $210 / Sq Ft
10/27/2016 10/27/16 Pending -- -- --
09/13/2016 09/13/16 For Sale $295,000 -- $210 / 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 $3,659 $342,366 $81,238 $261,128
2023 $3,659 $329,074 $78,085 $250,989
2022 $3,573 $322,622 $76,554 $246,068
2021 $3,530 $316,297 $75,053 $241,244
2020 $3,503 $313,055 $74,284 $238,771
2019 $3,436 $306,918 $72,828 $234,090
2018 $3,368 $300,900 $71,400 $229,500
2017 $1,111 $91,987 $43,288 $48,699
2016 $1,043 $90,185 $42,440 $47,745
2015 $1,028 $88,832 $41,803 $47,029
2014 $1,018 $87,093 $40,985 $46,108
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16700448

California Regional Multiple Listing Service (CRMLS)

APN: 213-121-006