Seller's Agent in 2023
Kevin Watson
RE/MAX
(626) 399-5253
3 in this area
118 Total Sales
3420 Lemon St Riverside, CA 92501
Downtown Riverside NeighborhoodEstimated Value: $669,000 - $890,042
2
Beds
--
Bath
2,302
Sq Ft
$348/Sq Ft
Est. Value
Highlights
- Property is near a park
- Wood Flooring
- Double Pane Windows
- Polytechnic High School Rated A-
- Granite Countertops
- Cooling System Mounted To A Wall/Window
About This Home
As of August 2023Very well kept units in the heart of Riverside, walking distance to downtown Riverside and steps away from the Mission Inn. All units have been updated with all new flooring, kitchen cabinets, bathroom vanities, ac units, dual pane windows fresh paint and more. This building is located in the historic district and priced to sell. This is a must see to appreciate! Near 215 and 60 freeway.
Last Agent to Sell the Property
RE/MAX TIME REALTY License #01820631 Listed on: 06/20/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,192
Year Built
- Built in 1940
Lot Details
- 4,792 Sq Ft Lot
- Two or More Common Walls
- Fenced
- Fence is in excellent condition
- Drip System Landscaping
- Front and Back Yard Sprinklers
- Back and Front Yard
Parking
- On-Street Parking
Home Design
- Quadruplex
- Entry on the 1st floor
- Turnkey
- Raised Foundation
- Shingle Roof
Interior Spaces
- 2 Bedrooms
- 2,302 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Window Screens
- Living Room
- Storage
- Laundry Room
- Wood Flooring
Kitchen
- Gas Range
- Granite Countertops
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
- Vented Exhaust Fan
- Natural Gas Connected
- Gas Water Heater
Additional Features
- Exterior Lighting
- Property is near a park
Listing and Financial Details
- Tenant pays for electricity, gas, sewer, trash collection
- Legal Lot and Block 4 / 4
- Assessor Parcel Number 213171002
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $840
- Insurance Expense $1,300
- Water Sewer Expense $804
- New Taxes Expense $5,816
- Operating Expense $2,944
- Gross Income $5,678
- Net Operating Income $2,944
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2023
Closed on
Jul 31, 2023
Sold by
B J D M Investments Llc
Bought by
Jml & Associates Llc
Seller's Agent
Kevin Watson
RE/MAX TIME REALTY
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$929,000
Sold Price
$831,000
Premium/Discount to List
-$98,000
-10.55%
Views
250
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,739
Avg. Annual Appreciation
-1.75%
Purchase Details
Closed on
Mar 29, 2022
Sold by
Bjdm Investments Llc
Bought by
Bjdm Investments Llc
Purchase Details
Closed on
Sep 24, 2021
Sold by
Watson Kendrick
Bought by
Bjdm Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Listed on
Aug 4, 2018
Closed on
Aug 20, 2018
Sold by
Wilson Ruth J
Bought by
Watson Kendrick
Seller's Agent
Christian Maldonado
RE/MAX TIME REALTY
Buyer's Agent
Kevin Watson
RE/MAX TIME REALTY
List Price
$529,000
Sold Price
$500,000
Premium/Discount to List
-$29,000
-5.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%
Original Mortgage
$490,943
Interest Rate
4.5%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 29, 2004
Sold by
Wilson Ruth J
Bought by
Wilson Ruth J
Purchase Details
Closed on
Feb 5, 1997
Sold by
Anderson Ruth J
Bought by
Wilson Paul E and Wilson Ruth J
Purchase Details
Closed on
Aug 18, 1993
Sold by
Wilson Paul E and Wilson Ruth J
Bought by
Wilson Paul E and Wilson Ruth J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.75%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jml & Associates Llc | $831,000 | Orange Coast Title | |
| Bjdm Investments Llc | -- | Orange Coast Title | |
| Bjdm Investments Llc | -- | Orange Coast Title Company | |
| Watson Kendrick | $500,000 | Orange Coast Title Co | |
| Wilson Ruth J | -- | -- | |
| Wilson Paul E | -- | -- | |
| Wilson Paul E | -- | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bjm M Investments Llc | $370,000 | |
| Previous Owner | Watson Kendrick | $486,234 | |
| Previous Owner | Watson Kendrick | $490,943 | |
| Previous Owner | Wilson Paul E | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2023 08/16/23 | Sold | $831,000 | -10.5% | $361 / Sq Ft |
| 07/26/2023 07/26/23 | Pending | -- | -- | -- |
| 07/13/2023 07/13/23 | For Sale | $929,000 | 0.0% | $404 / Sq Ft |
| 06/23/2023 06/23/23 | Pending | -- | -- | -- |
| 06/20/2023 06/20/23 | For Sale | $929,000 | +85.8% | $404 / Sq Ft |
| 10/02/2018 10/02/18 | Sold | $500,000 | -5.5% | -- |
| 08/16/2018 08/16/18 | Pending | -- | -- | -- |
| 08/04/2018 08/04/18 | For Sale | $529,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,192 | $847,620 | $127,500 | $720,120 |
| 2023 | $9,192 | $535,500 | $127,500 | $408,000 |
| 2022 | $5,938 | $525,000 | $125,000 | $400,000 |
| 2021 | $5,860 | $515,282 | $103,056 | $412,226 |
| 2020 | $5,816 | $510,000 | $102,000 | $408,000 |
| 2019 | $5,707 | $500,000 | $100,000 | $400,000 |
| 2018 | $1,338 | $109,536 | $39,445 | $70,091 |
| 2017 | $1,315 | $107,389 | $38,672 | $68,717 |
| 2016 | $1,236 | $105,284 | $37,914 | $67,370 |
| 2015 | $1,219 | $103,705 | $37,346 | $66,359 |
| 2014 | $1,207 | $101,675 | $36,615 | $65,060 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Watson
-
Prashant Sampat
Buyer's Agent in 2023
Prashant Sampat
Pacific Avenue Realty
(562) 841-0227
11 in this area
220 Total Sales
-
Christian Maldonado
Seller's Agent in 2018
Christian Maldonado
RE/MAX
(909) 767-2055
22 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV23109640
APN: 213-171-002
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