$687,928
SOLD JUN 8, 2022
4 Beds
2 Baths
2,442 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$282 Per Sq Ft

6% Below List Price

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

Similar Homes in Riverside, CA

  • 3499 Lemon St, Riverside, CA 92501

    $675,000

    • 3 Beds
    • 3 Baths
    • 1,950 Sq Ft
    • 3499 Lemon St
    • Riverside, CA

    Prime Riverside Property! This Triplex sits on a Corner Lot: 3499 Lemon Street & wraps around the corner. It shares 2 other addresses: 3501 and 3503 5th Street.Don’t miss this incredible opportunity to own property in one of Riverside’s most desirable and historic neighborhoods! Located just blocks from the vibrant downtown district, 3499 Lemon Street is perfectly situated for

    Cindy Berg Century 21 Discovery

    Section Image
  • 3335 3rd St, Riverside, CA 92501

    $675,000

    • 4 Beds
    • 2.5 Baths
    • 1,395 Sq Ft
    • 3335 3rd St
    • Riverside, CA

    The property has two units - one with 2 bedrooms - one and a half bathrooms - the second has two bedrooms and one bathroom - there is land for an AdU - the seller has the plans and gives them to the buyer and in addition the entire structure was repaired from the foundation - with roof permits new floors, new electricity and new plumbing, new kitchen, all with permits Each one has a central

    Efren Hernandez Pacifico Realty Inc.

    Section Image
  • 3852 4th St, Riverside, CA 92501

    $699,900

    • 3 Beds
    • 3.5 Baths
    • 2,592 Sq Ft
    • 3852 4th St
    • Riverside, CA

    Great Value-Add Triplex in Prime Riverside Location! Fantastic opportunity to own a 3-unit income property just minutes from Downtown Riverside. Perfect for investors seeking rental income with upside potential or owner occupies one unit and rent the others. The property features: Unit 1 (Downstairs): 2 bedrooms, 1.5 bathrooms. Unit 2 (Upstairs): Spacious 1 bedroom, 1 bathroom. Unit 3 (Upstairs):

    David Limon Your Home Selling Pros

    Section Image
  • 3858 4th St, Riverside, CA 92501

    $699,900

    • 5 Beds
    • 3 Baths
    • 2,884 Sq Ft
    • 3858 4th St
    • Riverside, CA

    Exceptional Value-Add Triplex in Prime Riverside Location! Don’t miss this incredible opportunity to own a 3-unit income-producing property just minutes from the heart of Downtown Riverside. Ideal for investors or owner-occupants looking to build equity and maximize rental potential in a high-demand area. Unit 1 (Duplex – Front Building): Spacious 1 bed / 1 bath. Unit 2 (Duplex – Front Building):

    David Limon Your Home Selling Pros

    Section Image
  • 3049 Mulberry St, Riverside, CA 92501

    $695,000

    • 4 Beds
    • 3 Baths
    • 1,952 Sq Ft
    • 3049 Mulberry St
    • Riverside, CA

    Discover a stunning two-story Craftsman home in the Mission Inn Historical District, boasting an individual designation as a Structure of Merit and qualifying for the Mills Act. This historical residence has been thoughtfully converted into a triplex. The main house features three bedrooms, one bath, indoor laundry, and a walk-in basement. The upper level has been transformed into a one-bedroom,

    Mardie Rodriguez NATIONAL REALTY GROUP

    Section Image
  • 3417 Comer Ave Unit 2, Riverside, CA 92507

    $749,900

    • 5 Beds
    • 2 Baths
    • 1,748 Sq Ft
    • 3417 Comer Ave
    • Unit 2
    • Riverside, CA

    this Beautifull Duplex has eveything new kitchens baths windows lights floors paint close to riverside downtown and close to university of riverside also has a long driveway good enough to put RVs or coming w your truck and tools also has plenty storage in the back close to metrolink station come and see it

    Art Marin J & M Realty

    Section Image
  • 3352 Franklin Ave, Riverside, CA 92507

    $794,999

    • 4 Beds
    • 2 Baths
    • 2,700 Sq Ft
    • 3352 Franklin Ave
    • Riverside, CA

    Exceptional Riverside INCOME PRODUCING, (Duel Unit/ADU) with Exceptional Expansion Potential – Just 1.3 Miles from UCR! Whether you're a savvy investor, a first-time homebuyer, or someone looking for a smart multi-generational living solution, this versatile 4-bedroom, 2-bathroom(3/1 & 1/1) duel unit/multi family with TONS of parking is a rare gem in the heart of Riverside. Perfectly positioned

    travis arsenault Re/Max Freedom

    Section Image
  • 3352 Franklin Ave, Riverside, CA 92507

    $795,000

    • 4 Beds
    • 2 Baths
    • 2,700 Sq Ft
    • 3352 Franklin Ave
    • Riverside, CA

    Exceptional Riverside Single Family Residential, (Duel Unit/ADU) with Exceptional Expansion Potential – Just 3 Miles from UCR!Whether you're a savvy investor, a first-time homebuyer, or someone looking for a smart multi-generational living solution, this versatile 4-bedroom, 2-bathroom(3/1 & 1/1) duel unit/multi family with TONS of parking is a rare gem in the heart of Riverside. Perfectly

    travis arsenault Re/Max Freedom

    Section Image
  • 4308 Lime St, Riverside, CA 92501

    $749,995

    • 4 Beds
    • 3 Baths
    • 2,546 Sq Ft
    • 4308 Lime St
    • Riverside, CA

    Charming corner-lot duplex in Riverside’s historic district, just steps from the iconic Mission Inn and downtown attractions. This well-located property offers timeless character with recent updates including a new water heater and partial waterline replacement. Ideal for rental income or multi-generational living. Easy freeway access makes commuting a breeze, while the vibrant local scene

    Matthew Serrano Re/Max Top Producers

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $165,000 First American Title Company
Grant Deed -- Fidelity Natl Title Ins Co
Grant Deed $187,000 Fidelity National Title Co
Trustee Deed $425,250 Accommodation
Grant Deed -- None Available
Grant Deed $1,320,000 Chicago Title Company
Grant Deed -- Fidelity
Grant Deed $445,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $130,000 Commercial
Previous Owner $60,000 Commercial
Previous Owner $480,000 Purchase Money Mortgage
Previous Owner $356,000 Commercial
Closed $89,000 No Value Available
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22056501

California Regional Multiple Listing Service (CRMLS)

APN: 213-112-005