NOT LISTED FOR SALE

3522 Douglass Ave Riverside, CA 92507

Eastside Neighborhood

Estimated Value: $1,050,000 - $1,084,000

2 Beds
1 Bath
-- Sq Ft
9,148 Sq Ft Lot

Last Sold May 25, 2012

Last sale price $250,000

Est. 329% increase in value since last sale

Current estimated payment $6,254/month

95 Days on Market

About This Home

As of May 2012

A 4 plex building all 2bedroom one bath located just blocks away from University of Riverside to be sold as a short sale. Financing Available property is 100% occupied.

Last Agent to Sell the Property

JOHN COLLINS

ALLIED COMMERCIAL REAL ESTATE License #01748323 Listed on: 02/20/2012

Last Buyer's Agent

JOHN COLLINS

ALLIED COMMERCIAL REAL ESTATE License #01748323 Listed on: 02/20/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,923

Year Built

  • Built in 1956

Lot Details

  • 9,148

Parking

  • 4 Parking Spaces

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 211152015

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • New Taxes Expense $4,000
  • Gross Income $3,400
  • Net Operating Income $28,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,923

Year Built

Built in 1956

Lot Details

0

Listing Details

  • CapRate: 7.90
  • Price Per Unit: 90000
  • Water Sewer Expenses: 1.00
  • Property Type: Residential Income
  • Parcel Number: 211152015
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Trash Expense: 1.00

Multi Family

  • Electric Expense: 1.00
  • Gross Income: 3400.00
  • Gross Multiplier: 11.30
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 1.00
  • Net Operating Income: 28760.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 10000.00
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 4000.00
  • Tax Lot: 40
  • Tax Tract Number: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2012
Closed on
Jul 12, 2012
Sold by
Blue Jay Bay Ventures Llc
Bought by
Matin Khosrow and Matin Parvaneh
Seller's Agent
JOHN COLLINS
ALLIED COMMERCIAL REAL ESTATE
Buyer's Agent
JOHN COLLINS
ALLIED COMMERCIAL REAL ESTATE
List Price
$36,000
Sold Price
$250,000
Premium/Discount to List
$214,000
594.44%
Current Estimated Value
$1,072,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$822,667
Avg. Annual Appreciation
10.40%
Original Mortgage
$258,750
Interest Rate
3.53%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 20, 2012
Closed on
May 18, 2012
Sold by
Hughes Thomas B and Hughes Susan A
Bought by
Blue Jay Bay Ventures Llc
Seller's Agent
JOHN COLLINS
ALLIED COMMERCIAL REAL ESTATE
Buyer's Agent
JOHN COLLINS
ALLIED COMMERCIAL REAL ESTATE
List Price
$36,000
Sold Price
$250,000
Premium/Discount to List
$214,000
594.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
3.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 5, 2001
Sold by
Downey S & L Assn Fa
Bought by
Hughes Thomas B and Hughes Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
7.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 13, 2001
Sold by
Franco Alfredo R
Bought by
Downey S & L Assn Fa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
7.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2000
Sold by
Urbano William
Bought by
Franco Alfredo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
5.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 1999
Sold by
Devel Secretary Department Housing & Urba
Bought by
Urbano William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,300
Interest Rate
7.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 17, 1999
Sold by
Urbano Fiota L
Bought by
Urbano William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,300
Interest Rate
7.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 21, 1996
Sold by
National City Mtg Co
Bought by
Hud

Purchase Details

Closed on
Feb 14, 1996
Sold by
Ingram Tommy and Rogers Charles
Bought by
National City Mtg Co

Purchase Details

Closed on
Sep 21, 1995
Sold by
Western Federal Financial Corp
Bought by
Daggett Richard

Purchase Details

Closed on
Jul 19, 1995
Sold by
Ingram Tommy and Rogers Charles
Bought by
Western Federal Financial
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 $360,000 Lawyers Title Company
Blue Jay Bay Ventures Llc $250,000 Lawyers Title Company
Hughes Thomas B $165,000 Lawyers Title Company
Downey S & L Assn Fa $149,000 --
Franco Alfredo R $155,000 --
Urbano William $47,500 Old Republic Title Company
Urbano William -- Old Republic Title Company
Hud -- American Title Ins Co
Daggett Richard -- --
Western Federal Financial -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matin Khosrow $258,750
Previous Owner Hughes Thomas B $372,400
Previous Owner Hughes Thomas B $245,000
Previous Owner Hughes Thomas B $100,000
Previous Owner Hughes Thomas B $140,250
Previous Owner Franco Alfredo R $139,500
Previous Owner Urbano William $105,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2012 05/25/12 Sold $250,000 +594.4% --
05/25/2012 05/25/12 Pending -- -- --
02/20/2012 02/20/12 For Sale $36,000 -- --
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 $4,923 $443,299 $89,885 $353,414
2023 $4,923 $426,088 $86,396 $339,692
2022 $4,813 $417,734 $84,702 $333,032
2021 $4,752 $409,544 $83,042 $326,502
2020 $4,717 $405,346 $82,191 $323,155
2019 $4,630 $397,399 $80,580 $316,819
2018 $4,542 $389,607 $79,001 $310,606
2017 $4,463 $381,968 $77,452 $304,516
2016 $4,183 $374,480 $75,934 $298,546
2015 $4,123 $368,857 $74,795 $294,062
2014 $4,084 $361,633 $73,331 $288,302
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    JOHN COLLINS

    ALLIED COMMERCIAL REAL ESTATE

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I12022974

California Regional Multiple Listing Service (CRMLS)

APN: 211-152-015

California Riverside County Riverside 92507 Eastside

3522 Douglass Ave, Riverside, CA

This home is located at 3522 Douglass Ave, Riverside, CA 92507 since 20 February 2012 and is currently estimated at $1,072,667. This property was built in 1956. 3522 Douglass Ave is a home located in Riverside County with nearby schools including Longfellow Elementary School, Matthew Gage 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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