NOT LISTED FOR SALE

Estimated Value: $461,000 - $1,207,941

5 Beds
3 Baths
1,931 Sq Ft
$382/Sq Ft Est. Value

Last Sold May 18, 2017

Last sale price $350,000 $181 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $4,494/month

20 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Front Yard
  • Polytechnic High School Rated A-

About This Home

As of May 2017

NICE AND COZY DUPLEXES LIVE IN ONE RENT THE OTHER ONE. THE FIRST UNIT HAS NEW CARPET AND FRESH PAINT. IN THE HEART OF DOWNTOWN RIVERSIDE. 2 BED. 1 BATH UNITS. ONE CAR GARAGE AND POSSIBILITY OF RENTING A STUDIO. LOTS OF POTENTIAL. NEAR UCR AND RCC AND 91 & 215 FRWYS. CLOSE TO MISSION INN RESTAURANT ROW LOTS OF SPECIALTY PLACES TO WINE AND DINE.

Last Agent to Sell the Property

MAGGIE RAMIREZ-GARCIA

Vista Sotheby's International Realty License #01220137 Listed on: 03/13/2017

Vista Sotheby's International Realty

Last Buyer's Agent

Todd Yamasaki

RE/MAX New Dimension License #01940633

RE/MAX New Dimension

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,448

Year Built

  • Built in 1955

Lot Details

  • 7,841 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 1 Car Garage

Home Design

  • 1,931 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 301
  • Assessor Parcel Number 209122032

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $2,000
  • Gross Income $18,000
  • Net Operating Income $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,448

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 209122032
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 181.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 7841.00

Multi Family

  • Gross Income: 18000.00
  • Gross Scheduled Income: 24000.00
  • Net Operating Income: 2000.00
  • 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: 2000.00
  • Rent Control: No
  • Total Expenses: 2000.00

Tax Info

  • Tax Census Tract: 301.03
  • Tax Lot: 41
  • Tax Tract Number: 301

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2018
Sold by
Palomino Ramon and Ledesma Palomino Stephanie
Bought by
Palomino Ramon and Ledesma Palomino Stephanie
Total Days on Market
20
Current Estimated Value
$737,985

Purchase Details

Listed on
Mar 13, 2017
Closed on
Apr 11, 2017
Sold by
Hoff Connie E
Bought by
Palomino Ramon and Palomino Iistephanie Ledesma
Seller's Agent
MAGGIE RAMIREZ-GARCIA
Vista Sotheby's International Realty
Buyer's Agent
Todd Yamasaki
RE/MAX New Dimension
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%

Purchase Details

Closed on
May 6, 2014
Sold by
Hoff Connie E
Bought by
Hoff Connie E

Purchase Details

Closed on
May 2, 2001
Sold by
Adams Lillie Maurine and Hanchey Lillie E
Bought by
Hoff Connie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,910
Interest Rate
7.14%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Palomino Ramon -- None Available
Palomino Ramon $700,000 None Available
Hoff Connie E -- None Available
Hoff Connie E $150,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoff Connie E $145,000
Previous Owner Hoff Connie E $151,000
Previous Owner Hoff Connie E $147,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2017 05/18/17 Sold $350,000 -6.7% $181 / Sq Ft
03/13/2017 03/13/17 For Sale $375,000 -- $194 / 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
2023 $4,448 $390,429 $78,085 $312,344
2022 $4,348 $382,774 $76,554 $306,220
2021 $4,294 $375,269 $75,053 $300,216
2020 $4,262 $371,422 $74,284 $297,138
2019 $4,182 $364,140 $72,828 $291,312
2018 $4,101 $357,000 $71,400 $285,600
2017 $2,288 $194,733 $51,924 $142,809
2016 $2,122 $190,915 $50,906 $140,009
2015 $2,091 $188,050 $50,143 $137,907
2014 $2,071 $184,367 $49,161 $135,206
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV17039086

California Regional Multiple Listing Service (CRMLS)

APN: 209-122-032