NOT LISTED FOR SALE

3374 Madison St Riverside, CA 92504

Estimated Value: $585,000 - $739,545

5 Beds
3 Baths
1,724 Sq Ft
$401/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $730,000 $423 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,186/month

72 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Attached Garage
  • Central Air
  • No HOA
  • Laundry Room
  • Bike Trail

About This Home

As of February 2024

EXCELLENT OPPORTUNITY !! Huge Discount for a fast sale!!!This property is situated in the retail district that can offers multiple uses, commercial, collect the rents or live in one or rent out the house or the ADU. Perfect first time buyers, or commercial investors.
CENTRALIZED LOCATION : Close to freeways, shops, restaurants, schools, gas station, car wash. Next door is JOHNNY'S BUGERS, ACROSS THE STREET IS GAS STATION 76, HOME DEPOT, CAR WASH, IN & OUT. It's all about the location! Agent's bring your buyers or investors.
The main house is approximately 1,300 square feet, 4 Bedroom, 2 bath. The detached Studio/Casita ADU, has a large room, kitchen and bathroom. The property is complete fenced. Property needs some TLC. DO NOT DISTURB TENANTS!
Agents/Buyers are required to do their own diligence to satisfy all aspects of the property. Property will be deliver with no tenants.

Last Agent to Sell the Property

Daniel Robles

Daniel C Robles Jr License #01161361 Listed on: 09/20/2023

Last Buyer's Agent

Daniel Robles

Daniel C Robles Jr License #01161361 Listed on: 09/20/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,653

Year Built

  • Built in 1954

Lot Details

  • 6,969 Sq Ft Lot
  • Front Yard
  • Property is zoned RI065

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,724 Sq Ft Home
  • 1-Story Property
  • Bonus Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Property is near public transit
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 9
  • Assessor Parcel Number 230251001

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,653

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: RI065
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 230251001
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1724.00 Square Feet
  • Stories: 1
  • Entry Location: front door
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Bonus Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 423.43
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Street Lights

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Near Public Transit
  • Lot Size Sq Ft: 6969.00
  • Lot Size Acres: 0.1600
  • Latitude Manual: 33.93462500
  • Longitude Manual: 117.40421900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6969.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 9-045

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Mar 28, 2024
Sold by
Vega Enterprise Llc
Bought by
Vega Enterprise Llc
Seller's Agent
Daniel Robles
Daniel C Robles Jr
Buyer's Agent
Daniel Robles
Daniel C Robles Jr
List Price
$729,000
Sold Price
$730,000
Premium/Discount to List
$1,000
0.14%
Views
121
Current Estimated Value
$693,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,340
Avg. Annual Appreciation
-2.82%

Purchase Details

Listed on
Sep 20, 2023
Closed on
Dec 5, 2023
Sold by
Palma Gloria R
Bought by
Vega Enterprises Llc
Seller's Agent
Daniel Robles
Daniel C Robles Jr
Buyer's Agent
Daniel Robles
Daniel C Robles Jr
List Price
$729,000
Sold Price
$730,000
Premium/Discount to List
$1,000
0.14%
Views
121

Purchase Details

Listed on
Oct 5, 2020
Closed on
Feb 4, 2021
Sold by
Armstrong Carolyn Scott
Bought by
Palma Gloria R
Seller's Agent
Sharon Barnes
COLDWELL BANKER REALTY
Buyer's Agent
Albert Dominguez
ALLIANCE CAPITAL REALTY
List Price
$395,000
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.80%
Original Mortgage
$387,845
Interest Rate
2.6%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 7, 2012
Sold by
Armstrong Carolyn Scott
Bought by
Armstrong Carolyn Scott and Scott Coleman Leonard

Purchase Details

Closed on
Dec 2, 2002
Sold by
Armstrong Carol
Bought by
The Armstrong Family Trust and Armstrong Carol R

Purchase Details

Closed on
Nov 6, 1995
Sold by
Armstrong Carolyn Scott and Ponder Cornelius
Bought by
Ponder William A and Shannon Mattie
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
Vega Enterprise Llc -- Pacific Coast Title
Vega Enterprises Llc $730,000 Pacific Coast Title
Palma Gloria R $395,000 Equity Title San Diego
Armstrong Carolyn Scott -- None Available
The Armstrong Family Trust -- --
Ponder William A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palma Gloria R $403,000
Previous Owner Palma Gloria R $387,845
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $730,000 +0.1% $423 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
11/07/2023 11/07/23 For Sale $729,000 -0.1% $423 / Sq Ft
11/06/2023 11/06/23 Off Market $730,000 -- --
10/20/2023 10/20/23 Price Changed $729,000 -4.0% $423 / Sq Ft
10/03/2023 10/03/23 Price Changed $759,000 -1.2% $440 / Sq Ft
10/03/2023 10/03/23 Price Changed $768,000 -3.8% $445 / Sq Ft
09/20/2023 09/20/23 For Sale $798,000 +102.0% $463 / Sq Ft
02/05/2021 02/05/21 Sold $395,000 0.0% $304 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $395,000 0.0% $304 / Sq Ft
10/07/2020 10/07/20 Off Market $395,000 -- --
10/05/2020 10/05/20 For Sale $395,000 -- $304 / 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 $4,653 $744,599 $223,381 $521,218
2023 $4,653 $410,958 $83,232 $327,726
2022 $4,548 $402,900 $81,600 $321,300
2021 $390 $34,417 $5,233 $29,184
2020 $387 $34,065 $5,180 $28,885
2019 $379 $33,398 $5,079 $28,319
2018 $372 $32,744 $4,981 $27,763
2017 $365 $32,103 $4,884 $27,219
2016 $345 $31,475 $4,789 $26,686
2015 $338 $31,004 $4,718 $26,286
2014 $333 $30,399 $4,627 $25,772
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23176616

California Regional Multiple Listing Service (CRMLS)

APN: 230-251-001