NOT LISTED FOR SALE

3455 Franklin Ave Riverside, CA 92507

Eastside Neighborhood

Estimated Value: $907,976 - $1,299,000

2 Beds
1 Bath
3,360 Sq Ft
$313/Sq Ft Est. Value

Last Sold May 08, 2015

Last sale price $475,000 $141 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $6,080/month

48 Days on Market

About This Home

As of May 2015

PLEASE DO NOT DISTURB TENANTS. THIS IS A FOURPLEX WHICH CONSISTS OF FOUR 2 BEDROOM 1 BATH UNITS. FULLY OCCUPIED. ALL HAVE THEIR OWN GAS AND ELECTRIC METERS. CLOSE TO UNIVERSITY, TRANSPORTATION, RESTAURANTS AND ENTERTAINMENT. CURRENT ESCROW NEEDS TO BE CANCELD.

Last Agent to Sell the Property

Julie Perkins

Westcoe Realtors, Inc. License #01090328 Listed on: 04/02/2015

Westcoe Realtors, Inc.

Last Buyer's Agent

Julie Perkins

Westcoe Realtors, Inc. License #01090328 Listed on: 04/02/2015

Westcoe Realtors, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,029

Year Built

  • Built in 1975

Lot Details

  • 7,405 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 8 Parking Spaces

Home Design

  • 3,360 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 4
  • Tax Tract Number 305
  • Assessor Parcel Number 211101018

Community Details

Overview

  • 4 Units
  • Foothills

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,029

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 211101018
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Unfurnished
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 141.37

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Foothills

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3200.00
  • Gross Scheduled Income: 39400.00
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 0305
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2015
Closed on
Mar 27, 2015
Sold by
Choi Don Dongsik
Bought by
Matin Khosrow and Matin Parvaneh
Seller's Agent
Julie Perkins
Westcoe Realtors, Inc.
Buyer's Agent
Julie Perkins
Westcoe Realtors, Inc.
List Price
$449,999
Sold Price
$475,000
Premium/Discount to List
$25,001
5.56%
Current Estimated Value
$1,050,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$575,994
Avg. Annual Appreciation
8.22%
Original Mortgage
$364,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 2003
Sold by
Kim Debbie Whawon
Bought by
Choi Don Dongsik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2003
Sold by
Fard Mostafa B and Fard Homa
Bought by
Choi Don Dongsik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2003
Sold by
Fard Homa
Bought by
Fard Mostafa B and Fard Homa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 2002
Sold by
Fard Mostafa B
Bought by
Fard Homa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2002
Sold by
Christian Michael A
Bought by
Fard Mastafa

Purchase Details

Closed on
Oct 5, 2000
Sold by
Thornton Whittie and Thorton Whitty
Bought by
Christian Michael A

Purchase Details

Closed on
Sep 22, 2000
Sold by
Christian Linda
Bought by
Christian Michael A

Purchase Details

Closed on
Sep 11, 2000
Sold by
Nicholson Richard E and Zamanian Roya
Bought by
Thorton Whitty

Purchase Details

Closed on
Dec 6, 1995
Sold by
Mission S & L
Bought by
Nicholson Richard E and Nicholson Roya Zamanian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
7.5%
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
Matin Khosrow $455,000 First American Title Company
Choi Don Dongsik -- Stewart Title Of Ca Inc
Choi Don Dongsik $295,000 Stewart Title Of Ca Inc
Fard Mostafa B -- --
Fard Homa -- Stewart Title Of Ca Inc
Fard Mastafa $200,000 Stewart Title Of Ca Inc
Christian Michael A $72,000 First American Title Co
Christian Michael A -- First American Title Co
Thorton Whitty -- --
Nicholson Richard E $115,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matin Khosrow $356,250
Closed Matin Khosrow $364,000
Previous Owner Choi Don Dongsik $367,500
Previous Owner Choi Don Dongsik $228,000
Previous Owner Fard Homa $160,000
Previous Owner Nicholson Richard E $108,000
Previous Owner Nicholson Richard E $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2015 05/08/15 Sold $475,000 +5.6% $141 / Sq Ft
04/19/2015 04/19/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $449,999 -- $134 / 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 $6,029 $546,831 $126,189 $420,642
2023 $6,029 $525,599 $121,290 $404,309
2022 $5,894 $515,294 $118,912 $396,382
2021 $5,814 $505,191 $116,581 $388,610
2020 $5,771 $500,012 $115,386 $384,626
2019 $5,663 $490,209 $113,124 $377,085
2018 $5,555 $480,598 $110,907 $369,691
2017 $5,457 $471,176 $108,733 $362,443
2016 $5,112 $461,938 $106,601 $355,337
2015 $3,976 $355,487 $60,245 $295,242
2014 -- $348,525 $59,066 $289,459
Source: Public Records

Agents Affiliated with this Home

  • Julie Perkins

    Seller's Agent in 2015

    Julie Perkins

    Westcoe Realtors, Inc.

    (951) 317-4069

    1 in this area

    35 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG15044379

California Regional Multiple Listing Service (CRMLS)

APN: 211-101-018

California Riverside County Riverside 92507 Eastside

3455 Franklin Ave, Riverside, CA

This home is located at 3455 Franklin Ave, Riverside, CA 92507 since 02 April 2015 and is currently estimated at $1,050,994, approximately $312 per square foot. This property was built in 1975. 3455 Franklin Ave is a home located in Riverside County with nearby schools including Longfellow Elementary School, University Heights Middle School, and John W. North High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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