NOT LISTED FOR SALE

Estimated Value: $362,399 - $978,000

3 Beds
2 Baths
1,284 Sq Ft
$451/Sq Ft Est. Value

Last Sold August 07, 2013

Last sale price $160,000 $125 Per Sq Ft

Est. 262% increase in value since last sale

Current estimated payment $3,214/month

10 Days on Market

Highlights

  • No HOA
  • Space Heater
  • Back and Front Yard
  • Cooling System Mounted To A Wall/Window
  • Carpet

About This Home

As of August 2013

Duplex property located in downtown Riverside and is close to the Mission Inn, the Fox Theatre, shops and Restaurants. *Front unit* was completely renovated in 2011, has a spacious kitchen and eating area. It features approx. 800 sq ft, 1 bedroom 1 bath and has a bonus area. *Rear unit* minor improvement made in 2012, has new windows, a spacious kitchen and features approx. 700 sq ft. Buyer to verify.

Last Agent to Sell the Property

Briana Frazier

FRAZIER GROUP REALTY License #01751473 Listed on: 04/07/2013

Co-Listed By

Ruby Frazier

FRAZIER GROUP REALTY License #01751773

Last Buyer's Agent

Briana Frazier

FRAZIER GROUP REALTY License #01751473 Listed on: 04/07/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 6,970 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Home Design

  • Property Attached

Interior Spaces

  • 1,284 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • No Driveway
  • On-Street Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Space Heater

Listing and Financial Details

  • Legal Lot and Block 8 / 3
  • Assessor Parcel Number 213122009

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • Insurance Expense $500
  • Trash Expense $480
  • Water Sewer Expense $1,080
  • New Taxes Expense $1,500
  • Gross Income $1,900
  • Net Operating Income $17,030

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1080.00
  • Property Type: Residential Income
  • Parcel Number: 213122009
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 124.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking Features: No Driveway, Street

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Space Heater
  • Trash Expense: 480.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Gross Income: 1900.00
  • Gross Scheduled Income: 22800.00
  • Insurance Expense: 500.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 17030.00
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 5770.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1500.00
  • Tax Block: 3
  • Tax Lot: 8
  • Tax Year: 2011

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
$578,850

Purchase Details

Listed on
Apr 7, 2013
Closed on
Jul 6, 2013
Sold by
Green Paul
Bought by
Sampat Mahesh and Sampat Parul
Seller's Agent
Briana Frazier
FRAZIER GROUP REALTY
Buyer's Agent
Briana Frazier
FRAZIER GROUP REALTY
List Price
$170,000
Sold Price
$160,000
Premium/Discount to List
-$10,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%
Original Mortgage
$120,000
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 7, 2013
Closed on
Jun 10, 2013
Sold by
Green Felecia
Bought by
Green Paul
Seller's Agent
Briana Frazier
FRAZIER GROUP REALTY
Buyer's Agent
Briana Frazier
FRAZIER GROUP REALTY
List Price
$170,000
Sold Price
$160,000
Premium/Discount to List
-$10,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 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
$268,000
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
$184,000
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 2004
Sold by
Dale Loydene
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

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $160,000 Wfg Title Company Of Ca
Green Paul -- None Available
Green Paul $335,000 Fidelity National Title Co
Origel Raquel -- --
John Jason $230,000 Fidelity National Title Co
Tadd Llc -- Fidelity National Title Ins
Dale & Associates Llc -- Fidelity National Title Ins
Dale Thomas A -- Fntic
Dale Thomas A $140,000 Fntic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sampat Mahesh $120,000
Previous Owner Green Paul $268,000
Previous Owner John Jason $184,000
Previous Owner Dale Thomas A $112,000
Closed John Jason $34,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2013 08/07/13 Sold $160,000 -5.9% $125 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
04/02/2013 04/02/13 For Sale $170,000 -- $132 / 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 $2,169 $196,128 $61,288 $134,840
2023 $2,169 $188,514 $58,909 $129,605
2022 $2,120 $184,818 $57,754 $127,064
2021 $2,104 $181,195 $56,622 $124,573
2020 $2,088 $179,338 $56,042 $123,296
2019 $2,050 $175,823 $54,944 $120,879
2018 $2,011 $172,376 $53,867 $118,509
2017 $3,164 $275,000 $80,000 $195,000
2016 $1,852 $165,682 $51,775 $113,907
2015 $1,825 $163,196 $50,999 $112,197
2014 $1,808 $160,000 $50,000 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV13056629

California Regional Multiple Listing Service (CRMLS)

APN: 213-122-009