NOT LISTED FOR SALE

Estimated Value: $700,000 - $831,000

5 Beds
3 Baths
2,013 Sq Ft
$386/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $784,000 $389 Per Sq Ft

Current estimated payment $4,878/month

53 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • 1-Story Property
  • Atrium Windows

About This Home

As of June 2024

This property has so much going for it. It boasts two fully functional units ready to rent situated on a 9148 sqft lot. The front house is a 3 bed 1.5 bath approx 1045 sqft and the ADU is a 2 bed 3/4 bath approx 500 sqft. The detached garage is a work in process ADU conversion started by the previous owner, approx. 468 sqft. The garage door has been replaced with slider and the ceiling has been drywalled. There is electricity, gas, water and plumbing already in the garage, just needs a few interior walls, a kitchen and a bathroom. The ADU has a new roof, modern upgrades and all appliances recently replaced so both homes are winners. All this and it’s located in a safe and quiet neighborhood meaning fewer problems in future plus easy to get renters. Close to stores, restaurants, and public transportation. Not far from Mission Inn, downtown Riverside, or CBU which is 1 exit South on 91 Frwy. This is a great opportunity for investor or multi-generational home.

Last Agent to Sell the Property

Gregg Steinmetz

Platinum Financial Services Brokerage Phone: 714-715-1025 License #01356744 Listed on: 03/01/2024

Last Buyer's Agent

Daniel Robles

Daniel C Robles Jr License #01161361

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,937

Year Built

  • Built in 1926

Lot Details

  • 9,148 Sq Ft Lot
  • Property is zoned R1065

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Interior Spaces

  • 2,013 Sq Ft Home
  • 1-Story Property
  • Atrium Windows
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for gas
  • Tax Lot 12
  • Tax Tract Number 82
  • Assessor Parcel Number 230180003
  • $66 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,937

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: LA
  • Other Phone Number: 714-715-1025
  • Price Per Unit: 412000
  • Property Attached: No
  • Water Sewer Expenses: 600.00
  • Zoning: R1065
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 230180003
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: Front door
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 389.47
  • Room Type: All Bedrooms Down
  • Window Features: Atrium

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • 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: Lot 6500-9999
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100
  • Latitude Manual: 33.93990800

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Electric Expense: 2400.00
  • Insurance Expense: 1242.00
  • Lot Size Area: 9148.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 4842.00

Tax Info

  • Tax Census Tract: 314.01
  • Tax Lot: 12
  • Tax Tract Number: 82-83
  • TaxOtherAnnualAssessmentAmount: 66.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Jun 7, 2024
Sold by
Palma Gloria
Bought by
Palma Gloria
Seller's Agent
Gregg Steinmetz
Platinum Financial Services
Buyer's Agent
Daniel Robles
Daniel C Robles Jr
List Price
$824,000
Sold Price
$784,000
Premium/Discount to List
-$40,000
-4.85%
Views
72
Current Estimated Value
$785,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,405
Avg. Annual Appreciation
0.88%
Original Mortgage
$731,500
Outstanding Balance
$723,687
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$68,454

Purchase Details

Listed on
Mar 1, 2024
Closed on
Jun 6, 2024
Sold by
Davies Melissa Anne
Bought by
Palma Gloria and Lemus-Lopez Adam
Seller's Agent
Gregg Steinmetz
Platinum Financial Services
Buyer's Agent
Daniel Robles
Daniel C Robles Jr
List Price
$824,000
Sold Price
$784,000
Premium/Discount to List
-$40,000
-4.85%
Views
72

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,500
Outstanding Balance
$723,687
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$68,454

Purchase Details

Listed on
Jun 14, 2023
Closed on
Jul 30, 2023
Sold by
Hernandez Orlando Casas
Bought by
Davies Melissa Anne
Seller's Agent
Orlando Casas
eXp Realty of Southern Ca, Inc
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$599,999
Sold Price
$628,000
Premium/Discount to List
$28,001
4.67%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.83%
Original Mortgage
$408,200
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 5, 2019
Closed on
Apr 28, 2020
Sold by
Wickramasinghe Michael and Wickramasinghe Nishanthi D
Bought by
Hernandez Orlando Casas
Seller's Agent
Lal Duwage
Enstone Investments Inc
Buyer's Agent
Orlando Casas
eXp Realty of Southern CA
List Price
$465,000
Sold Price
$395,000
Premium/Discount to List
-$70,000
-15.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.28%
Original Mortgage
$387,845
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 2017
Sold by
Enstone Investment Inc
Bought by
Wickramasinghe Michael and Wickramasinghe Nishanthi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.89%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 22, 2017
Sold by
Westland Enterprize Inc
Bought by
Enstone Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.89%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 30, 2016
Sold by
Westland Enterprize Inc
Bought by
Enstone Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.46%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 15, 2016
Sold by
Fernandes Jaynie D
Bought by
Westland Enterprize Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.46%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 21, 2007
Sold by
Fernandes Jaynie D
Bought by
Fernandes Jaynie D and The Jaynie D Fernandes 2003 Living Trust

Purchase Details

Closed on
Jul 20, 2005
Sold by
Fernandes Jaynie D
Bought by
Fernandes Jaynie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2003
Sold by
Fernandes Jaynie D
Bought by
Fernandes Jaynie D and The Jaynie D Fernandes 2003 Living Trust

Purchase Details

Closed on
May 20, 2002
Sold by
Hulen John D and Hulen Kelly L
Bought by
Fernandes Jaynie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.86%
Source: Public Records

Range of Values:

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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
Palma Gloria -- Pacific Coast Title
Palma Gloria $784,000 Pacific Coast Title
Davies Melissa Anne $628,000 First American Title
Hernandez Orlando Casas $395,000 Ticor Title
Wickramasinghe Michael $360,000 Wfg National Title Company
Enstone Investments Inc $200,000 Wfg National Title
Enstone Investments Inc -- Provident Title Glendale
Westland Enterprize Inc $200,000 Ticor Title Company
Fernandes Jaynie D -- None Available
Fernandes Jaynie D -- Ticor Title
Fernandes Jaynie D -- --
Fernandes Jaynie D $160,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palma Gloria $731,500
Previous Owner Davies Melissa Anne $408,200
Previous Owner Hernandez Orlando Casas $65,000
Previous Owner Hernandez Orlando Casas $385,242
Previous Owner Hernandez Orlando Casas $387,845
Previous Owner Wickramasinghe Michael $230,000
Previous Owner Enstone Investments Inc $60,000
Previous Owner Enstone Investments Inc $200,000
Previous Owner Enstone Investments Inc $200,000
Previous Owner Hosley James E $40,000
Previous Owner Fernandes Jaynie D $231,000
Previous Owner Fernandes Jaynie D $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $784,000 -4.9% $389 / Sq Ft
05/31/2024 05/31/24 For Sale $824,000 0.0% $409 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/07/2024 04/07/24 For Sale $824,000 0.0% $409 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $824,000 +31.2% $409 / Sq Ft
08/02/2023 08/02/23 Sold $628,000 +4.7% $606 / Sq Ft
06/14/2023 06/14/23 For Sale $599,999 +51.9% $579 / Sq Ft
04/30/2020 04/30/20 Sold $395,000 -15.1% $381 / Sq Ft
03/13/2020 03/13/20 For Sale $465,000 0.0% $449 / Sq Ft
02/06/2020 02/06/20 For Sale $465,000 0.0% $449 / Sq Ft
01/11/2020 01/11/20 For Sale $465,000 0.0% $449 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
11/05/2019 11/05/19 For Sale $465,000 -- $449 / 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 $6,937 $799,680 $255,000 $544,680
2023 $6,937 $415,213 $94,605 $320,608
2022 $4,595 $407,072 $92,750 $314,322
2021 $4,536 $399,091 $90,932 $308,159
2020 $2,458 $212,241 $74,284 $137,957
2019 $2,412 $208,080 $72,828 $135,252
2018 $2,366 $204,000 $71,400 $132,600
2017 $2,325 $200,000 $70,000 $130,000
2016 $2,216 $199,651 $43,668 $155,983
2015 $2,184 $196,654 $43,013 $153,641
2014 $2,164 $192,804 $42,171 $150,633
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24042306

California Regional Multiple Listing Service (CRMLS)

APN: 230-180-003