NOT LISTED FOR SALE

3506 Riverside Dr Chino, CA 91710

Estimated Value: $1,199,000 - $1,613,000

5 Beds
5 Baths
3,758 Sq Ft
$377/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $1,000,000 $266 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $8,792/month

50 Days on Market

Highlights

  • Horse Property
  • 1.01 Acre Lot
  • Central Heating and Cooling System
  • Private Pool
  • Laundry Room
  • 1-Story Property

About This Home

As of October 2020

HUGE PRICE REDUCTION! Rare Opportunity - 2 on a Lot – Live in Main House and Rent the Guest House or Vice Versa! Single Story Ranch Style Home on 1 Acre with a Guest House! Total 5 Bedrooms and 5 Baths. Main House is 2668sf, Large Master w/Walk-in and En Suite plus 2 Guest Bedrooms, Main Bath. Guest House is 1090sf, 2 Bedrooms, 2 Baths, Full Kitchen, Remodeled 2018, Covered Car Port, and Separate Electrical Meter. Main House 2 Car Garage with attached Music Studio, Office area and Laundry, plus ¾ Bath near Pool, Gas Fire Pit and Outdoor Kitchen (BBQ, Gas Burner, Sink & Pizza Oven). Addt’l Patios off both Homes, 3 Tank Less Water Heaters, Large Grass Areas. Separate Garden, Fruit Trees, Sheds for Storage, and large parking area for RVs/Boats, possible stables. New Exterior Paint 2019. Too many upgrades to list. Close to Restaurants, Shopping and Schools. No HOA/Mello Roos Tax.

Last Agent to Sell the Property

Maryl Delzell

Berkshire Hathaway HomeServices California Properties License #01429564 Listed on: 07/14/2020

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Ed Caragher

Berkshire Hathaway HomeServices California Properties License #01126315

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Ed Caragher

Berkshire Hathaway HomeServices California Properties License #01126315

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,721

Year Built

  • Built in 1954

Lot Details

  • 1.01 Acre Lot
  • No Common Walls

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage
  • 1 Carport Space

Interior Spaces

  • 3,758 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Private Pool
  • Horse Property
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 59
  • Assessor Parcel Number 1016561120000

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $58,800
  • Net Operating Income $41,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,721

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Zoning: RS-20M
  • Property Type: Residential Income
  • Parcel Number: 1016561120000
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 266.10

Exterior Features

  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Horse Property
  • Lot Size Sq Ft: 44204.00
  • Lot Size Acres: 1.0148

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 58800.00
  • Gross Scheduled Income: 58800.00
  • Lot Size Area: 44204.0000 Square Feet
  • Net Operating Income: 41160.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 17640.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4.01
  • Tax Lot: 59
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2023
Sold by
Otoole Dennis and Otoole Anna
Bought by
Otoole Dennis and Otoole Anna
Current Estimated Value
$1,415,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2020
Closed on
Sep 4, 2020
Sold by
Amaral Juan H and Amaral Maria E
Bought by
Otoole Dennis and Otoole Anna
Seller's Agent
Maryl Delzell
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Ed Caragher
Berkshire Hathaway HomeServices California Properties
List Price
$1,149,000
Sold Price
$1,000,000
Premium/Discount to List
-$149,000
-12.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Original Mortgage
$800,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2005
Sold by
Amaral Juan H
Bought by
Amaral Juan H and Amaral Maria E

Purchase Details

Closed on
Apr 22, 2002
Sold by
Amaral Juan H
Bought by
Amaral Juan H and Amaral Maria E

Purchase Details

Closed on
Nov 6, 2001
Sold by
Black Linda G
Bought by
Amaral Juan H and Amaral Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2001
Sold by
Russell Sharon E
Bought by
Russell Sharon E

Purchase Details

Closed on
Oct 23, 1996
Sold by
Dva Russell Marvin J
Bought by
Russell Sharon E

Purchase Details

Closed on
Jan 23, 1995
Sold by
Va
Bought by
Russell Sharon E

Purchase Details

Closed on
Sep 15, 1994
Sold by
Schaff Leesa J
Bought by
Maples Thelma G

Purchase Details

Closed on
Apr 15, 1994
Sold by
Maples Thelma G
Bought by
Maples Thelma G and Schaff Leesa J
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
Otoole Dennis -- Servicelink
Otoole Dennis $1,000,000 Orange Coast Title Company
Amaral Juan H -- Chicago Title Co
Amaral Juan H -- Landsafe
Amaral Juan H $399,000 North American Title Co
Russell Sharon E -- --
Russell Sharon E -- --
Russell Sharon E -- --
Maples Thelma G -- --
Maples Thelma G -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Otoole Dennis $150,000
Previous Owner Otoole Dennis $800,000
Previous Owner Amaral Juan H $611,935
Previous Owner Amaral Juan H $655,822
Previous Owner Amaral Juan H $648,724
Previous Owner Amaral Juan H $100,000
Previous Owner Amaral Juan H $297,400
Previous Owner Amaral Juan H $100,000
Previous Owner Amaral Juan H $299,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $1,000,000 0.0% $266 / Sq Ft
10/22/2020 10/22/20 Sold $1,000,000 -7.0% $266 / Sq Ft
08/18/2020 08/18/20 Price Changed $1,075,000 0.0% $286 / Sq Ft
08/18/2020 08/18/20 Price Changed $1,075,000 -4.4% $286 / Sq Ft
07/24/2020 07/24/20 Price Changed $1,124,888 0.0% $299 / Sq Ft
07/24/2020 07/24/20 Price Changed $1,124,888 -2.1% $299 / Sq Ft
07/14/2020 07/14/20 For Sale $1,149,000 0.0% $306 / Sq Ft
06/03/2020 06/03/20 For Sale $1,149,000 -- $306 / 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 $11,721 $1,082,432 $378,851 $703,581
2024 $11,721 $1,061,208 $371,423 $689,785
2023 $11,320 $1,040,400 $364,140 $676,260
2022 $11,251 $1,020,000 $357,000 $663,000
2021 $11,031 $1,000,000 $350,000 $650,000
2020 $6,006 $547,767 $188,641 $359,126
2019 $5,900 $537,026 $184,942 $352,084
2018 $5,768 $526,496 $181,316 $345,180
2017 $5,664 $516,173 $177,761 $338,412
2016 $5,291 $506,051 $174,275 $331,776
2015 $5,184 $498,449 $171,657 $326,792
2014 $4,617 $445,000 $155,000 $290,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG20138164

California Regional Multiple Listing Service (CRMLS)

APN: 1016-561-12