$150,000
SOLD SEP 11, 2013
3 Beds
2 Baths
1,128 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$133 Per Sq Ft

3% Below List Price

20 Days on Market

Highlights

  • No Units Above
  • Wood Flooring
  • Laundry Room
  • Polytechnic High School Rated A-
  • Evaporated cooling system
  • Wall Furnace

About This Home

As of June 2014

Investor special! 3/1 and Studio apt with nice yard. Walking distance to downtown Riverside and easy access to freeways (91/60/215)

Last Agent to Sell the Property

Hal Tubb

HAL TUBB, BROKER License #01366033 Listed on: 08/03/2013

Last Buyer's Agent

Alicia Martinez

Hispana Homes License #01185725

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,384

Year Built

  • Built in 1906

Lot Details

  • 3,920 Sq Ft Lot
  • No Units Above
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • On-Street Parking

Home Design

  • Property Attached
  • Cosmetic Repairs Needed
  • Composition Roof

Interior Spaces

  • 1,128 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 4
  • Tax Tract Number 4
  • Assessor Parcel Number 213171017

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $300
  • Water Sewer Expense $600
  • New Taxes Expense $689
  • Gross Income $1,600
  • Net Operating Income $15,851

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,384

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 600.00
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 213171017
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above
  • Flooring: Carpet, Wood
  • Levels: One
  • Price Per Square Foot: 132.98
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Evaporative Cooling, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 1600.00
  • Gross Scheduled Income: 19200.00
  • Insurance Expense: 800.00
  • Lot Size Area: 3920.0000 Square Feet
  • Net Operating Income: 15851.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Operating Expense: 2389.00
  • Operating Expense Percent: 12.40
  • Rent Control: No
  • Vacancy Allowance: 960
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 689.00
  • Taxes Percent: 1.20
  • Tax Lot: 4
  • Tax Tract Number: 4
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2014
Closed on
Apr 22, 2014
Sold by
Zavalza Doro and Checa Elizabeth
Bought by
Cervantes Rudy
Seller's Agent
Alicia Martinez
Hispana Homes
Buyer's Agent
Alvar De La Torre
Century 21 Cornerstone
List Price
$314,000
Sold Price
$252,500
Premium/Discount to List
-$61,500
-19.59%
Current Estimated Value
$550,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,999
Avg. Annual Appreciation
7.02%
Original Mortgage
$245,471
Outstanding Balance
$179,815
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$364,533

Purchase Details

Listed on
Aug 3, 2013
Closed on
Sep 5, 2013
Sold by
Checa Martin
Bought by
Checa Elizabeth
Seller's Agent
Hal Tubb
HAL TUBB, BROKER
Buyer's Agent
Alicia Martinez
Hispana Homes
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
104.09%

Purchase Details

Listed on
Aug 3, 2013
Closed on
Aug 26, 2013
Sold by
Swanson Donald S
Bought by
Zavalza Doro and Checa Elizabeth
Seller's Agent
Hal Tubb
HAL TUBB, BROKER
Buyer's Agent
Alicia Martinez
Hispana Homes
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%

Purchase Details

Closed on
Oct 19, 2001
Sold by
Swanson Donald S
Bought by
Swanson Donald S and The Donald S Swanson Living Trust 2001
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 Type Sale Price Title Company
Grant Deed $252,500 First American Title Company
Interfamily Deed Transfer -- Chicago Title Inland Empire
Grant Deed $150,000 Chicago Title Inland Empire
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $245,471 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2016 01/23/16 Rented $1,490 0.0% --
01/09/2016 01/09/16 For Rent $1,490 0.0% --
06/05/2014 06/05/14 Sold $252,500 -19.6% $224 / Sq Ft
04/18/2014 04/18/14 Pending -- -- --
02/15/2014 02/15/14 For Sale $314,000 +109.3% $278 / Sq Ft
09/11/2013 09/11/13 Sold $150,000 -3.2% $133 / Sq Ft
08/23/2013 08/23/13 Pending -- -- --
08/03/2013 08/03/13 For Sale $155,000 -- $137 / 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 $3,384 $309,517 $98,061 $211,456
2023 $3,384 $297,500 $94,254 $203,246
2022 $3,308 $291,667 $92,406 $199,261
2021 $3,271 $285,949 $90,595 $195,354
2020 $3,246 $283,018 $89,667 $193,351
2019 $3,186 $277,469 $87,909 $189,560
2018 $3,124 $272,030 $86,186 $185,844
2017 $3,069 $266,697 $84,497 $182,200
2016 $2,873 $261,469 $82,841 $178,628
2015 $2,832 $257,544 $81,598 $175,946
2014 $1,698 $150,000 $50,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV13154942

California Regional Multiple Listing Service (CRMLS)

APN: 213-171-017