NOT LISTED FOR SALE

Estimated Value: $563,000 - $790,000

4 Beds
3 Baths
2,042 Sq Ft
$339/Sq Ft Est. Value

Last Sold April 16, 2012

Last sale price $241,200 $118 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $4,135/month

6 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Cooling Available
  • Polytechnic High School Rated A-

About This Home

As of April 2012

Fantastic investment opportunity awaits you, with this classic craftsman style home nestled in the historic and charming neighborhood of Riverside. Close to Fairmount Park Golf Course, Mt Rubidoux Memorial Park and Downtown. This unique 3 unit property is in good condition, just needs a little sprucing up. Front home has 2 bedrooms and 1 bath, which can rent for about $1,250/month. The 1 bedroom, 1 bath duplex’s in the back rent for $750/month each. Each unit features its own fenced in yard and plenty of parking. Rent all 3 units and generate a positive cash flow or live in one and rent the others while covering your mortgage. One unit is currently occupied with a month-to-month lease and tenants are willing to stay. Property Being Marketed as 3 unit Investment as well, but can be used as one single residence also.

Last Agent to Sell the Property

Darren Smith

Landsmith Res. R.E. Services License #01418976 Listed on: 03/09/2012

Last Buyer's Agent

KEVIN ALLEN

KELLER WILLIAMS RIVERSIDE CENT License #01823904

KELLER WILLIAMS RIVERSIDE CENT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,315

Year Built

  • Built in 1924

Lot Details

  • 8,712

Interior Spaces

  • 2,042 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Carport
  • Parking Available

Additional Features

  • 8,712 Sq Ft Lot
  • Urban Location
  • Cooling Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 302
  • Assessor Parcel Number 214182012

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,315

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: Elisa
  • Other Phone Number: 619.277.5848
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 214182012
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2042.00
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 118.12
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 6.00

Utilities

  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8712.0000 Square Feet

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 302

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2014
Sold by
Foster Paul and Foster Cindy
Bought by
Brightridge Revocable Living Trust
Current Estimated Value
$704,667

Purchase Details

Listed on
Mar 9, 2012
Closed on
Mar 28, 2012
Sold by
Canter International Riverside Ii Llc
Bought by
Foster Paul and Foster Cindy
Seller's Agent
Darren Smith
Landsmith Res. R.E. Services
Buyer's Agent
KEVIN ALLEN
KELLER WILLIAMS RIVERSIDE CENT
List Price
$235,000
Sold Price
$241,200
Premium/Discount to List
$6,200
2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%
Original Mortgage
$180,900
Outstanding Balance
$26,873
Interest Rate
3.86%
Mortgage Type
Commercial
Estimated Equity
$662,460

Purchase Details

Listed on
Mar 9, 2012
Closed on
Mar 7, 2012
Sold by
Canter Nikols Holding Llc
Bought by
Canter International Riverside Ii Llc
Seller's Agent
Darren Smith
Landsmith Res. R.E. Services
Buyer's Agent
KEVIN ALLEN
KELLER WILLIAMS RIVERSIDE CENT
List Price
$235,000
Sold Price
$241,200
Premium/Discount to List
$6,200
2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,900
Outstanding Balance
$26,873
Interest Rate
3.86%
Mortgage Type
Commercial
Estimated Equity
$662,460

Purchase Details

Listed on
Mar 9, 2012
Closed on
Mar 2, 2012
Sold by
Guajardo Miriam
Bought by
Canter Nikols Holdings Llc
Seller's Agent
Darren Smith
Landsmith Res. R.E. Services
Buyer's Agent
KEVIN ALLEN
KELLER WILLIAMS RIVERSIDE CENT
List Price
$235,000
Sold Price
$241,200
Premium/Discount to List
$6,200
2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,900
Outstanding Balance
$26,873
Interest Rate
3.86%
Mortgage Type
Commercial
Estimated Equity
$662,460

Purchase Details

Closed on
Mar 23, 2004
Sold by
Guajardo Roberto
Bought by
Guajardo Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
3.92%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 1, 2004
Sold by
Smith James F and Smith Brenda
Bought by
Guajardo Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
3.92%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 23, 2003
Sold by
Garcia Daniel and Garcia Susie
Bought by
Smith James F and Smith Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,200
Interest Rate
5.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 2000
Sold by
Norkus Kenneth P and Norkus Barbara E
Bought by
Garcia Daniel and Garcia Susie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.16%
Mortgage Type
Commercial
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
Brightridge Revocable Living Trust -- None Available
Foster Paul $241,500 Lawyers Title
Canter International Riverside Ii Llc -- Lawyers Title Company
Canter Nikols Holdings Llc -- Lawyers Title
Guajardo Miriam -- Stewart
Guajardo Miriam $212,500 --
Smith James F $510,000 Diversified Title
Garcia Daniel $160,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Paul $180,900
Open Canter International Riverside Ii Llc $12,000,000
Previous Owner Guajardo Miriam $412,500
Previous Owner Guajardo Miriam $382,500
Previous Owner Smith James F $201,200
Previous Owner Garcia Daniel $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2012 04/16/12 Sold $241,200 +2.6% $118 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
03/09/2012 03/09/12 For Sale $235,000 -- $115 / 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 $3,315 $302,947 $75,355 $227,592
2023 $3,315 $291,185 $72,430 $218,755
2022 $3,240 $285,476 $71,010 $214,466
2021 $3,205 $279,879 $69,618 $210,261
2020 $3,181 $277,011 $68,905 $208,106
2019 $3,122 $271,580 $67,554 $204,026
2018 $3,061 $266,256 $66,231 $200,025
2017 $3,007 $261,036 $64,933 $196,103
2016 $2,816 $255,918 $63,660 $192,258
2015 $2,776 $252,075 $62,704 $189,371
2014 $2,750 $247,139 $61,477 $185,662
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: T12032000

California Regional Multiple Listing Service (CRMLS)

APN: 214-182-012