NOT LISTED FOR SALE

Estimated Value: $725,000 - $927,000

3 Beds
3 Baths
2,050 Sq Ft
$387/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $650,000 $317 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,837/month

Highlights

  • Laundry Room
  • No Heating
  • 1-Story Property
  • Polytechnic High School Rated A-

About This Home

As of December 2021

Amazing Riverside Triplex in Downtown Riversides Exclusive Historic District. Location is within walking distance of a Shopping, Night life and restaurants as well as to famous landmarks like the Mission Hotel, Convention Center, Fox Theater and Much more! The location is also close to many Job Centers, such as all County and City Buildings, also just minutes from UC Riverside, Riverside Community College and Cal Baptist University and walking distance to the Metrolink and the 91 and 60 freeways! These 3 units are each spacious 1 bed/1 bath units in turnkey condition. Each unit has laminate wood floors throughout, tiled kitchen & bathroom floors, ceiling fans, and appliances. The back 2 units have an indoor laundry room, and there is a 3 carports in the back with plenty of drive way space.

SOLD offmarket- for MLS comp purposes Only

Last Agent to Sell the Property

Prashant Sampat

Pacific Avenue Realty License #01916221 Listed on: 12/30/2021

Last Buyer's Agent

Prashant Sampat

Pacific Avenue Realty License #01916221 Listed on: 12/30/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,522

Year Built

  • Built in 1904

Lot Details

  • 6,970 Sq Ft Lot
  • No Common Walls
  • Sprinkler System

Home Design

  • Triplex

Interior Spaces

  • 2,050 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Legal Lot and Block 5 / 3
  • Assessor Parcel Number 213122005

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $600
  • Operating Expense $1,800
  • Gross Income $43,200
  • Net Operating Income $54,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,522

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Price Per Unit: 215000
  • Property Attached: No
  • Water Sewer Expenses: 600.00
  • Zoning: R3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 213122005
  • Year Built: 1904
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 317.07

Exterior Features

  • Pool Private: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Gross Income: 43200.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 54000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Expenses: 1800.00

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 303.00
  • Tax Lot: 5
  • Tax Tract Number: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2024
Sold by
Shoor Amar J
Bought by
Shoor Family Trust and Shoor
Current Estimated Value
$794,075

Purchase Details

Listed on
Dec 30, 2021
Closed on
Dec 9, 2021
Sold by
Shoor Sheveta
Bought by
Shoor Amar
Seller's Agent
Prashant Sampat
Pacific Avenue Realty
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$645,000
Sold Price
$650,000
Premium/Discount to List
$5,000
0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Original Mortgage
$487,500
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2021
Sold by
Lim Vanarro and Lim Vannaro
Bought by
Shoor Amar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2020
Sold by
Patel Bimal
Bought by
Lim Vanarro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,300
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2016
Closed on
Oct 3, 2016
Sold by
Bucha Kenneth Allen
Bought by
Patel Bimal
Seller's Agent
Alexis Salazar
Century 21 Masters
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.87%
Original Mortgage
$236,250
Interest Rate
3.46%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 21, 2016
Closed on
Sep 15, 2016
Sold by
Patel Shefali
Bought by
Patel Bimal
Seller's Agent
Alexis Salazar
Century 21 Masters
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
3.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 4, 2016
Sold by
Bucha Mary G
Bought by
Bucha Kenneth Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
3.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 2002
Sold by
Carroll Lester Marvin
Bought by
Bucha Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,100
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2002
Sold by
Carroll Lester M
Bought by
Carroll Lester Marvin

Purchase Details

Closed on
Jun 9, 2000
Sold by
Lauda Nicholas William and Lauda Lisa Lu
Bought by
Carroll Lester M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.86%
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
Shoor Family Trust -- None Listed On Document
Shoor Amar -- Priority Title
Shoor Amar $650,000 Priority Title
Lim Vanarro $538,000 First American Title Company
Patel Bimal $315,000 First American Title Company
Patel Bimal -- First American Title
Bucha Kenneth Allen -- First American Title
Bucha Kenneth $189,000 Chicago Title Co
Bucha Kenneth -- Chicago Title Co
Carroll Lester Marvin -- --
Carroll Lester M $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shoor Amar $487,500
Previous Owner Shoor Amar $487,500
Previous Owner Lim Vanarro $384,300
Previous Owner Patel Bimal $236,250
Previous Owner Bucha Kenneth $170,100
Previous Owner Carroll Lester M $76,000
Closed Bucha Kenneth $9,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $650,000 +0.8% $317 / Sq Ft
12/30/2021 12/30/21 Pending -- -- --
12/30/2021 12/30/21 For Sale $645,000 0.0% $315 / Sq Ft
12/28/2020 12/28/20 Rented $1,250 0.0% --
12/15/2020 12/15/20 For Rent $1,250 0.0% --
10/02/2020 10/02/20 Sold $538,000 -2.0% $262 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $549,000 0.0% $268 / Sq Ft
03/18/2020 03/18/20 Rented $1,200 0.0% --
03/03/2020 03/03/20 For Rent $1,200 0.0% --
10/14/2016 10/14/16 Sold $315,000 -3.1% $193 / Sq Ft
08/14/2016 08/14/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $325,000 0.0% $200 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $325,000 -- $200 / 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 $7,522 $689,783 $172,976 $516,807
2023 $7,522 $663,000 $166,260 $496,740
2022 $7,352 $650,000 $163,000 $487,000
2021 $6,140 $538,000 $75,000 $463,000
2020 $3,877 $334,279 $95,508 $238,771
2019 $3,806 $327,726 $93,636 $234,090
2018 $3,733 $321,300 $91,800 $229,500
2017 $3,668 $315,000 $90,000 $225,000
2016 $2,533 $231,217 $55,046 $176,171
2015 $2,496 $227,746 $54,220 $173,526
2014 $2,472 $223,287 $53,159 $170,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21182292

California Regional Multiple Listing Service (CRMLS)

APN: 213-122-005