NOT LISTED FOR SALE

Estimated Value: $554,000 - $827,000

4 Beds
2 Baths
2,442 Sq Ft
$298/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $687,928 $282 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,246/month

45 Days on Market

Highlights

  • Primary Bedroom Suite
  • Dual Staircase
  • Home Security System
  • Polytechnic High School Rated A-
  • Two cooling system units
  • Laundry Room

About This Home

As of June 2022

Property is Zoned R-3 (multiple family residents), so the home can be converted to house multiple families. Currently it is a beautiful Dutch Colonial Revival stile, located in the downtown area of Riverside. There is a possible property tax reduction with the City of Riverside under the Mills Act (see attachment for the Mills Act historic preservation agreement). This home has been used in the past several as a professional office building. It went through a major renovation in 2014 that included upgrading plumbing, electrical, heating, AC, and replacing 28 windows. The rewiring included fully functional for today's technology, including digital thermostat and security system. Beautiful river rock at the front of the house as well as the chimney. This home is full of charm and a 118 years of history. With a wonderful entry and formal stair case with a beautiful chandelier and a secondary back staircase to the kitchen, a large living room as well as a very large dining room. The kitchen is updated and has a walk-in pantry. The seller had concrete walls built in as well.

Last Agent to Sell the Property

Don Pedersen

VICKI L. PEDERSEN, BROKER License #01367292 Listed on: 03/21/2022

Co-Listed By

Vicki Lynn Pedersen

VICKI L. PEDERSEN, BROKER License #01435175

Last Buyer's Agent

Avraham Karshmer

Fortune Weavers Realty Inc. License #01924574

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,673

Year Built

  • Built in 1904

Lot Details

  • 8,712 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached
  • Turnkey
  • Wood Siding

Interior Spaces

  • 2,442 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Ceiling Fan
  • Drapes & Rods
  • Formal Entry
  • Living Room with Fireplace
  • Utility Room

Kitchen

  • Gas Oven
  • Range Hood
  • <<microwave>>

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Utilities

  • Two cooling system units
  • Central Heating
  • Natural Gas Connected

Additional Features

  • Accessible Parking
  • Urban Location

Community Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Listing and Financial Details

  • Legal Lot and Block 5 / 3
  • Tax Tract Number 9041
  • Assessor Parcel Number 213112005
  • $85 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,673

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Price Per Unit: 699000
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Security: Security System, Smoke Detector(s)
  • View: No
  • Zoning: R3
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 213112005
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Ceiling Fan(s), Pantry
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Accessibility Features: Parking
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 281.71
  • Room Type: All Bedrooms Up, Formal Entry, Kitchen, Laundry, Living Room, Master Suite, Utility Room
  • Window Features: Drapes

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Microwave, Range Hood, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Lot Size Area: 8712.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Rent Control: No

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 303.00
  • Tax Lot: 5
  • Tax Tract Number: 9041
  • TaxOtherAnnualAssessmentAmount: 85.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2014
Sold by
Trooperking Inc
Bought by
Jensen Boyd and Jensen Julie
Current Estimated Value
$728,398

Purchase Details

Closed on
Aug 8, 2008
Sold by
Campbell Laroy R and Campbell Carole M
Bought by
Trooperking Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Campbell Laroy R and Campbell Carole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 6, 2007
Sold by
Hearn Tieesha
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Oct 10, 2006
Sold by
Tolstikov Serge
Bought by
Patterson Lesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 2006
Sold by
Patterson Lesley
Bought by
Hearn Tieesha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 17, 2006
Sold by
Tolstikov Serge
Bought by
Patterson Lesley

Purchase Details

Closed on
Sep 15, 2004
Sold by
Borrie Joseph L and Borrie Drinda S
Bought by
Tolstikov Serge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
6.5%
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
Jensen Boyd $165,000 First American Title Company
Trooperking Inc -- Fidelity Natl Title Ins Co
Campbell Laroy R $187,000 Fidelity National Title Co
Deutsche Bank National Trust Co $425,250 Accommodation
Patterson Lesley -- None Available
Hearn Tieesha $1,320,000 Chicago Title Company
Patterson Lesley -- Fidelity
Tolstikov Serge $445,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Campbell Laroy R $130,000
Previous Owner Patterson Lesley $60,000
Previous Owner Hearn Tieesha $480,000
Previous Owner Tolstikov Serge $356,000
Closed Tolstikov Serge $89,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $687,928 0.0% $282 / Sq Ft
06/08/2022 06/08/22 Sold $687,928 -1.6% $282 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
05/05/2022 05/05/22 Pending -- -- --
04/30/2022 04/30/22 Price Changed $699,000 0.0% $286 / Sq Ft
04/30/2022 04/30/22 Price Changed $699,000 -4.9% $286 / Sq Ft
04/19/2022 04/19/22 Price Changed $735,000 0.0% $301 / Sq Ft
04/19/2022 04/19/22 Price Changed $735,000 +5.2% $301 / Sq Ft
04/17/2022 04/17/22 Price Changed $699,000 0.0% $286 / Sq Ft
04/17/2022 04/17/22 Price Changed $699,000 -4.9% $286 / Sq Ft
03/21/2022 03/21/22 For Sale $735,000 0.0% $301 / Sq Ft
03/14/2022 03/14/22 Price Changed $735,000 -5.8% $301 / Sq Ft
02/26/2022 02/26/22 For Sale $780,000 -- $319 / 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
2023 $2,673 $221,160 $65,000 $156,160
2022 $2,598 $227,560 $60,000 $167,560
2021 $2,267 $195,691 $60,000 $135,691
2020 $2,052 $175,905 $60,000 $115,905
2019 $1,976 $169,072 $60,000 $109,072
2018 $1,924 $165,000 $60,000 $105,000
2017 $1,838 $157,000 $60,000 $97,000
2016 $1,638 $146,000 $60,000 $86,000
2015 $1,846 $165,000 $90,000 $75,000
2014 $2,634 $236,353 $78,783 $157,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22056501

California Regional Multiple Listing Service (CRMLS)

APN: 213-112-005