$635,000
SOLD FEB 28, 2025
4 Beds
2 Baths
2,025 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$314 Per Sq Ft

2% Below List Price

11 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Wood Flooring
  • Community Lake
  • Traditional Architecture
  • No HOA

About This Home

As of February 2025

This home is located at 3451 Central Ave, Riverside, CA 92506 and is currently priced at $635,000, approximately $313 per square foot. This property was built in 1955. 3451 Central Ave is a home located in Riverside County with nearby schools including Pachappa Elementary School, Central Middle School, and Polytechnic High School.

Last Agent to Sell the Property

Brad Hilt

Brad Hilt, Broker Brokerage Phone: 951-544-0324 License #00581757 Listed on: 01/20/2025

Last Buyer's Agent

Brad Hilt

Brad Hilt, Broker Brokerage Phone: 951-544-0324 License #00581757 Listed on: 01/20/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Level Lot

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • Driveway Level
  • Unpaved Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,025 Sq Ft Home
  • 1-Story Property
  • Fireplace With Gas Starter
  • Living Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Overhead Utilities
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable TV, electricity, exterior maintenance, gas, telephone, trash collection
  • Tax Lot 447
  • Tax Tract Number 6
  • Assessor Parcel Number 225173042
  • $89 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Community Lake

Recreation

  • Golf Course Community
  • Park
  • Hiking Trails

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $1,577
  • Other Expense $2,567
  • Pest Control $525
  • Professional Management Expense $2,885
  • Water Sewer Expense $518
  • Operating Expense $8,072
  • Gross Income $42,051
  • Net Operating Income $33,757

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 2885.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 518.00
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 225173042
  • Year Built: 1955
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas Starter
  • Levels: One
  • Price Per Square Foot: 313.58
  • Room Type: Living Room

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Unpaved, Driveway Level, Garage, Garage Faces Side, Garage - Single Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Pest Control Expense: 525.00
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Golf, Hiking, Lake, Park, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 6500-9999, Near Public Transit, Utilities - Overhead
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Cable TV, Electricity, Exterior Maintenance, Gas, Telephone, Trash Collection

Multi Family

  • Average2 Bed Area: 1012 Square Feet
  • Gross Income: 42051.00
  • Gross Scheduled Income: 42051.00
  • Insurance Expense: 1577.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 33757.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 8295.00
  • Other Expense: 2567.00
  • Other Expense Description: Repairs
  • Rent Control: No
  • Total Expenses: 8072.00

Tax Info

  • Tax Census Tract: 311.00
  • Tax Lot: 447
  • Tax Tract Number: 6
  • TaxOtherAnnualAssessmentAmount: 89.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2025
Closed on
Feb 25, 2025
Sold by
3451 Central Av Llc
Bought by
Tien Tran And Quinn Thuc Nguyen Family Trust and Tran
Seller's Agent
Brad Hilt
Brad Hilt, Broker
Buyer's Agent
Brad Hilt
Brad Hilt, Broker
List Price
$650,000
Sold Price
$635,000
Premium/Discount to List
-$15,000
-2.31%
Views
12
Current Estimated Value
$758,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,011
Avg. Annual Appreciation
23.16%
Original Mortgage
$444,500
Outstanding Balance
$442,299
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$315,712

Purchase Details

Closed on
Apr 13, 2015
Sold by
Fisher Barbara E and Fisher Gene H
Bought by
3451 Central Ave Llc

Purchase Details

Closed on
Sep 26, 2014
Sold by
Roberts Lisa Stephen
Bought by
Fisher Gene H

Purchase Details

Closed on
Aug 26, 2014
Sold by
Fisher Barbara E
Bought by
Fisher Barbara E and Fisher Gene H

Purchase Details

Closed on
Mar 1, 1994
Sold by
Cameron Margaret M and Fisher Margaret M
Bought by
Cameron Margaret M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $635,000 First American Title
Grant Deed -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed -- --
Grant Deed -- --
Grant Deed -- --
Grant Deed -- --
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $444,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $635,000 -2.3% $314 / Sq Ft
01/31/2025 01/31/25 Pending -- -- --
01/20/2025 01/20/25 For Sale $650,000 -- $321 / 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 $863 $72,159 $18,797 $53,362
2023 $863 $69,359 $18,068 $51,291
2022 $845 $68,000 $17,714 $50,286
2021 $851 $66,667 $17,367 $49,300
2020 $845 $65,984 $17,189 $48,795
2019 $830 $64,691 $16,852 $47,839
2018 $816 $63,423 $16,522 $46,901
2017 $803 $62,181 $16,199 $45,982
2016 $757 $60,963 $15,882 $45,081
2015 $746 $60,049 $15,645 $44,404
2014 -- $58,875 $15,340 $43,535
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV25013946

California Regional Multiple Listing Service (CRMLS)

APN: 225-173-042