NOT LISTED FOR SALE

Estimated Value: $600,000 - $629,000

3 Beds
2 Baths
1,540 Sq Ft
$400/Sq Ft Est. Value

Last Sold December 14, 2022

Last sale price $505,000 $328 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,816/month

77 Days on Market

Highlights

  • Updated Kitchen
  • Midcentury Modern Architecture
  • No HOA
  • Polytechnic High School Rated A-
  • Property is near public transit
  • Neighborhood Views

About This Home

As of December 2022

***BACK ON THE MARKET!!!!*** *** DRASTIC PRICE REDUCTION****Beautiful 3 bedroom, 1.75 bath home situated in the midst of Magnolia center. Truly one of the most sought-after neighborhoods in all of Riverside. This home is a real charmer. Simply wonderful inside & out. Interior features 3 large bedrooms and 1.75 bathrooms. Great open floor plan. Large family room with Stand-Alone fireplace, living room and kitchen that are all connected. Excellent for entertaining and for family living. The family room folds directly out to the patio out the rear of home. Super great for entertaining. Backyard is spacious and private, with mature shade trees. ***GREAT backyard to add a small ADU (Accessory Dwelling Unit)***. Front yard is for the drought tolerant lovers. Owner was TOTALLY into rare cacti. Many of the Cacti are over 20 years old. Requires very little watering and is super easy to maintain. Garage is spacious and you can easily park 2 cars. Plenty of outside parking with an extra-large and long driveway. Garage is attached with direct access to the inside of home from garage. Home features: Solar (buyer to take over lease), newer windows, newer roof, newer plumbing, water softener, and a newer garage door. Baths and kitchen are recently remodeled with a Euro-Chic look that you have to see to appreciate. The bones of this home are solid. Come add your own touches to it and make it your own. Close to Shopping, Schools, Churches, Freeways. Better book your appoint to see fast as Mag-Center properties never last long on the market.

Last Agent to Sell the Property

Kevin Ellstrom

GUARDIAN REALTY SERVICES INC License #01179921 Listed on: 08/12/2022

Last Buyer's Agent

Omrana Quader

E Homes License #02050330

E Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,626

Year Built

  • Built in 1953

Lot Details

  • 6,970 Sq Ft Lot
  • Block Wall Fence
  • Level Lot
  • Back and Front Yard
  • Property is zoned R1065

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Midcentury Modern Architecture
  • Patio Home
  • Turnkey
  • Composition Roof

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Double Pane Windows
  • Window Screens
  • Entryway
  • Separate Family Room
  • Living Room
  • Center Hall
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Gas Cooktop
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathroom on Main Level
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Outdoor Features

  • Open Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit

Schools

  • Pachappa Elementary School
  • Gage Middle School
  • Polytechnic High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 385
  • Tax Tract Number 311
  • Assessor Parcel Number 225172005
  • $85 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,626

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Refer, standard washer and a stackable washer/dryer combo
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R1065
  • Architectural Style: Mid Century Modern
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 225172005
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1540.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Free Standing
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 327.92
  • Room Type: All Bedrooms Down, Center Hall, Entry, Family Room, Kitchen, Living Room, Separate Family Room
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Shower, Shower In Tub, Main Floor Full Bath
  • Room Kitchen Features: Remodeled Kitchen, Tile Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Paved, Driveway Level, Garage, Garage Faces Front, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Gas Cooktop, Refrigerator, Tankless Water Heater
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Gas Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Schools

  • School District: Riverside Unified
  • Elementary School: Pachappa
  • Middle School: Gage
  • High School: Polytechnic
  • Elementary School: Pachappa
  • High School: Polytechnic
  • Middle Or Junior School: Gage
  • Elementary School #2: PACHAP
  • High School2: POLYTE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level, Near Public Transit, Patio Home
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 311.00
  • Tax Lot: 385
  • Tax Tract Number: 0311
  • TaxOtherAnnualAssessmentAmount: 85.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Nov 16, 2022
Sold by
Schweitzer Ina Revocable Trust
Bought by
Long Ho and Hong Nguyen Hong
Seller's Agent
Kevin Ellstrom
GUARDIAN REALTY SERVICES INC
Buyer's Agent
Omrana Quader
E Homes
List Price
$529,900
Sold Price
$505,000
Premium/Discount to List
-$24,900
-4.7%
Views
8
Current Estimated Value
$615,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,539
Avg. Annual Appreciation
7.58%
Original Mortgage
$353,500
Outstanding Balance
$342,862
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$272,677

Purchase Details

Closed on
Jun 18, 2016
Sold by
Strube Hansjorg W and Schweitzer Ina
Bought by
Schweitzer Ina

Purchase Details

Closed on
Oct 12, 2006
Sold by
Morgan John M Okane and Morgan Ina Okane
Bought by
Morgan Ina Okane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.36%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 15, 2004
Sold by
Morgan Ina Okane
Bought by
Morgan John M Okane and Morgan Ina Okane

Purchase Details

Closed on
May 9, 1996
Sold by
Montes Jesus J and Montes Barbara E
Bought by
Morgan John M Okane and Morgan Ina Okane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,475
Interest Rate
8.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Long Ho $505,000 --
Schweitzer Ina -- None Available
The Hansjorg Strube & Ina Schweitzer Rev -- None Available
Morgan Ina Okane -- United Title Company
Morgan John M Okane -- --
Morgan Ina Okane -- --
Morgan John M Okane $113,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Long Ho $353,500
Previous Owner Morgan Ina Okane $288,000
Previous Owner Okanemorgan John M $169,000
Previous Owner Kane Morgan John M $154,800
Previous Owner Morgan John M Okane $26,935
Previous Owner Morgan John M Okane $112,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2022 12/14/22 Sold $505,000 -4.7% $328 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/06/2022 10/06/22 Price Changed $529,900 0.0% $344 / Sq Ft
10/06/2022 10/06/22 For Sale $529,900 -3.6% $344 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $549,900 0.0% $357 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/29/2022 08/29/22 Price Changed $549,900 -5.2% $357 / Sq Ft
08/26/2022 08/26/22 For Sale $579,900 0.0% $377 / Sq Ft
08/20/2022 08/20/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $579,900 -- $377 / 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 $5,626 $525,402 $93,636 $431,766
2023 $5,626 $505,000 $90,000 $415,000
2022 $1,956 $176,864 $54,774 $122,090
2021 $1,940 $173,397 $53,700 $119,697
2020 $1,925 $171,620 $53,150 $118,470
2019 $1,888 $168,256 $52,108 $116,148
2018 $1,851 $164,958 $51,087 $113,871
2017 $1,817 $161,725 $50,086 $111,639
2016 $1,702 $158,554 $49,104 $109,450
2015 $1,676 $156,174 $48,367 $107,807
2014 $1,659 $153,117 $47,420 $105,697
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22175703

California Regional Multiple Listing Service (CRMLS)

APN: 225-172-005