NOT LISTED FOR SALE

3483 Harrison St Riverside, CA 92503

Arlington Neighborhood

Estimated Value: $718,000 - $912,000

5 Beds
3 Baths
2,038 Sq Ft
$377/Sq Ft Est. Value

Last Sold January 16, 2020

Last sale price $483,500 $237 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,665/month

112 Days on Market

Highlights

  • No Units Above
  • Central Heating and Cooling System
  • 1-Story Property
  • Laundry Room

About This Home

As of January 2020

Great location and excellent investment property. This two-unit duplex is located right in the heart of Riverside on a very quiet street. The front unit has two bedrooms, one bath and a large yard with plenty of room for the whole family. The rear unit boasts three bedrooms, two baths and separate yard. Each unit has a separate one car garage with additional parking in the driveway. This duplex is priced to sell and is NOT a short sale.

Last Agent to Sell the Property

Carl Capitano

COMPASS License #01078792 Listed on: 08/12/2019

COMPASS

Co-Listed By

Alec Capitano

Compass License #02076994

Last Buyer's Agent

James Jekums

Seven Gables Real Estate License #01270160

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,685

Year Built

  • Built in 1978

Lot Details

  • 7,841 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,038 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance, telephone
  • Tax Lot 22
  • Tax Tract Number 8121
  • Assessor Parcel Number 234121025

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $573
  • Trash Expense $840
  • Water Sewer Expense $522
  • New Taxes Expense $2,178
  • Operating Expense $4,113
  • Gross Income $31,200
  • Net Operating Income $24,507

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,685

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 522.00
  • Zoning: R1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 234121025
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 237.24
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 840.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Telephone

Multi Family

  • Gross Income: 31200.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 573.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 24506.64
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6693.36
  • Rent Control: No
  • Total Expenses: 4113.30

Tax Info

  • New Taxes Expense: 2178.30
  • Tax Census Tract: 316.01
  • Tax Lot: 22
  • Tax Tract Number: 8121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2019
Closed on
Jan 3, 2020
Sold by
Am Management Services Llc
Bought by
Davis Perry Louis
Seller's Agent
Carl Capitano
COMPASS
Buyer's Agent
James Jekums
Seven Gables Real Estate
List Price
$499,800
Sold Price
$483,500
Premium/Discount to List
-$16,300
-3.26%
Current Estimated Value
$769,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,745
Avg. Annual Appreciation
8.63%
Original Mortgage
$471,306
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2018
Sold by
Zorn Mark A
Bought by
Am Management Services Llc

Purchase Details

Closed on
Apr 12, 2005
Sold by
Zorn Alicia B
Bought by
Zorn Mark A

Purchase Details

Closed on
Feb 18, 2004
Sold by
Zorn Mark A
Bought by
Zorn Mark and Zorn Alicia B

Purchase Details

Closed on
Aug 4, 2003
Sold by
Zorn Mark A and Barrera Alicia
Bought by
Zorn Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 1998
Sold by
Wolff Gerard P and Wolff Toni
Bought by
Zorn Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,777
Interest Rate
7.02%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 1997
Sold by
Wolff Gerard P and Wolff Toni
Bought by
Wolff Gerard P and Wolff Toni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.19%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Davis Perry Louis $483,500 First American Title Company
Am Management Services Llc -- None Available
Zorn Mark A -- First American Title Company
Zorn Mark A -- First American Title Company
Zorn Mark -- --
Zorn Mark A -- First American Title Co
Zorn Mark A $66,000 Fidelity National Title
Wolff Gerard P -- --
Wolff Gerard P -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Perry Louis $150,000
Open Davis Perry Louis $472,000
Closed Davis Perry Louis $469,646
Closed Davis Perry Louis $471,306
Previous Owner Zorn Mark A $89,000
Previous Owner Zorn Mark A $130,777
Previous Owner Wolff Gerard P $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2020 01/16/20 Sold $483,500 -3.3% $237 / Sq Ft
08/12/2019 08/12/19 For Sale $499,800 -- $245 / 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 $5,685 $528,773 $82,021 $446,752
2023 $5,685 $508,242 $78,837 $429,405
2022 $5,554 $498,278 $77,292 $420,986
2021 $5,477 $488,509 $75,777 $412,732
2020 $2,262 $192,692 $65,682 $127,010
2019 $2,220 $188,915 $64,395 $124,520
2018 $2,178 $185,212 $63,133 $122,079
2017 $2,141 $181,582 $61,896 $119,686
2016 $2,008 $178,023 $60,683 $117,340
2015 $1,979 $175,351 $59,772 $115,579
2014 $1,960 $171,918 $58,602 $113,316
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Carl Capitano

    COMPASS

    Section Image

  • A

    Seller Co-Listing Agent in 2020

    Alec Capitano

    Compass

    (714) 406-2880

    8 Total Sales

    Alec Capitano
    Section Image
  • James Jekums

    Buyer's Agent in 2020

    James Jekums

    Seven Gables Real Estate

    (714) 348-0930

    92 Total Sales

    James Jekums
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19186757

California Regional Multiple Listing Service (CRMLS)

APN: 234-121-025

California Riverside County Riverside 92503 Arlington

3483 Harrison St, Riverside, CA

This home is located at 3483 Harrison St, Riverside, CA 92503 since 12 August 2019 and is currently estimated at $769,245, approximately $377 per square foot. This property was built in 1978. 3483 Harrison St is a home located in Riverside County with nearby schools including Liberty Elementary School, Chemawa Middle School, and Arlington 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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