NOT LISTED FOR SALE

Estimated Value: $596,000 - $706,000

5 Beds
3 Baths
1,595 Sq Ft
$407/Sq Ft Est. Value

Last Sold February 26, 2015

Last sale price $305,000 $191 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,843/month

38 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • Wall Furnace
  • Traditional Architecture
  • Tile Flooring
  • 3-minute walk to Patterson Park

About This Home

As of February 2015

Close to schools, Shopping and RCC. Well maintained with newer roof and windows for all units, this unit property is located on then north side of Riverside with excellent freeway access and has enormous potential

Last Agent to Sell the Property

Liz Ponce De Leon

REALTY MASTERS & ASSOCIATES License #01758995 Listed on: 12/04/2014

REALTY MASTERS & ASSOCIATES

Last Buyer's Agent

Prashant Sampat

Pacific Avenue Realty License #01916221

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,998

Year Built

  • Built in 1928

Lot Details

  • 7,405 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Block Wall Fence

Parking

  • 4 Parking Spaces

Home Design

  • Traditional Architecture
  • Property Attached
  • Shingle Roof

Interior Spaces

  • 1,595 Sq Ft Home
  • Tile Flooring
  • Gas and Electric Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV
  • Tax Lot 09
  • Assessor Parcel Number 211153011

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $250
  • Insurance Expense $962
  • New Taxes Expense $1,422
  • Gross Income $2,875
  • Net Operating Income $31,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,998

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 211153011
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 191.22
  • Room Type: All Bedrooms Down

Exterior Features

  • Fencing: Block
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas & Electric Range
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Electric Expense: 250.00
  • Gross Income: 2875.00
  • Gross Scheduled Income: 34620.00
  • Insurance Expense: 962.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 31620.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Carpet: 1
  • Number With Patio: 2
  • Number With Range: 3
  • Operating Expense: 3000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1422.00
  • Tax Lot: 09
  • Tax Tract Number: 00
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Rasiklal Vora Sarju and Sarju Priya
Bought by
Vora Sarju Rasiklal and Vora Priya Sarju
Current Estimated Value
$641,064

Purchase Details

Listed on
Dec 4, 2014
Closed on
Jan 12, 2015
Sold by
Sanchez Virginia
Bought by
Vora Sarju Rasiklal and Vora Priya Sarju
Seller's Agent
Liz Ponce De Leon
REALTY MASTERS & ASSOCIATES
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%

Purchase Details

Closed on
Aug 31, 2012
Sold by
Sanchez Virginia
Bought by
Sanchez Virginia and The Virginia Sanchez Revocable Living Tr

Purchase Details

Listed on
Jan 3, 2012
Closed on
Apr 20, 2012
Sold by
Sanchez Virginia and Sanchez Virgina
Bought by
Sanchez Virginia
Seller's Agent
Darlene Kearney
CAPITAL REAL ESTATE & INV
Buyer's Agent
STEVEN COX
BURTON REAL ESTATE
List Price
$133,700
Sold Price
$127,000
Premium/Discount to List
-$6,700
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.77%
Original Mortgage
$70,000
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 3, 2012
Closed on
Mar 29, 2012
Sold by
Federal National Mortgage Association
Bought by
Sanchez Virginia
Seller's Agent
Darlene Kearney
CAPITAL REAL ESTATE & INV
Buyer's Agent
STEVEN COX
BURTON REAL ESTATE
List Price
$133,700
Sold Price
$127,000
Premium/Discount to List
-$6,700
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 3, 2012
Closed on
Feb 6, 2012
Sold by
Segura Maria
Bought by
Federal National Mortgage Association
Seller's Agent
Darlene Kearney
CAPITAL REAL ESTATE & INV
Buyer's Agent
STEVEN COX
BURTON REAL ESTATE
List Price
$133,700
Sold Price
$127,000
Premium/Discount to List
-$6,700
-5.01%

Purchase Details

Closed on
Aug 13, 2007
Sold by
Segura Maria
Bought by
Segura Investments

Purchase Details

Closed on
Jan 8, 2007
Sold by
Villagrana Miguel
Bought by
Segura Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 22, 2004
Sold by
Villagrana Lucina
Bought by
Villagrana Miguel

Purchase Details

Closed on
Apr 25, 2002
Sold by
Serratos Edgar
Bought by
Villagrana Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,680
Interest Rate
6.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 2000
Sold by
Hud
Bought by
Serratos Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,300
Interest Rate
8.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 1999
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hud

Purchase Details

Closed on
Nov 30, 1998
Sold by
Cardenas Javier V and Cardenas Maria J
Bought by
Chase Mtg Company and Chemical Mtg Company
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
Vora Sarju Rasiklal -- None Listed On Document
Vora Sarju Rasiklal $305,000 Chicago Title Company
Sanchez Virginia -- None Available
Sanchez Virginia -- North American Title
Sanchez Virginia $127,000 Lawyers Title Company
Federal National Mortgage Association $352,563 Landsafe Title
Segura Investments -- None Available
Segura Maria $375,000 Commonwealth Land Title Co
Villagrana Miguel -- Fnt
Villagrana Miguel -- Fnt
Villagrana Miguel $72,500 --
Serratos Edgar $92,000 First American Title Co
Hud -- Landsafe Title
Chase Mtg Company $113,435 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez Virginia $70,000
Previous Owner Segura Maria $300,000
Previous Owner Villagrana Miguel $25,000
Previous Owner Villagrana Miguel $197,000
Previous Owner Villagrana Miguel $139,680
Previous Owner Serratos Edgar $73,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2015 02/26/15 Sold $305,000 -6.2% $191 / Sq Ft
01/11/2015 01/11/15 Pending -- -- --
12/04/2014 12/04/14 For Sale $325,000 +155.9% $204 / Sq Ft
03/30/2012 03/30/12 Sold $127,000 -5.0% $80 / Sq Ft
03/23/2012 03/23/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $133,700 -- $84 / 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 $3,998 $366,552 $108,160 $258,392
2023 $3,998 $352,320 $103,961 $248,359
2022 $3,907 $345,413 $101,923 $243,490
2021 $3,860 $338,641 $99,925 $238,716
2020 $3,831 $335,170 $98,901 $236,269
2019 $3,759 $328,599 $96,962 $231,637
2018 $3,687 $322,157 $95,062 $227,095
2017 $3,622 $315,842 $93,199 $222,643
2016 $3,390 $309,650 $91,372 $218,278
2015 $1,504 $132,725 $41,803 $90,922
2014 $1,489 $130,127 $40,985 $89,142
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14255875

California Regional Multiple Listing Service (CRMLS)

APN: 211-153-011