NOT LISTED FOR SALE

3587 Wallace St Unit 3 Riverside, CA 92509

Rubidoux Neighborhood

Estimated Value: $726,653 - $1,087,000

6 Beds
3 Baths
1,800 Sq Ft
$462/Sq Ft Est. Value

Last Sold December 10, 2018

Last sale price $499,600 $278 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,935/month

49 Days on Market

Highlights

  • Open Floorplan
  • Corner Lot
  • Living Room
  • Bonus Room
  • Granite Countertops
  • Tankless Water Heater

About This Home

As of December 2018

Remodeled one year ego with new roof,new windows,new appliances,new interior and exterior paint,laminate floor,and tile,granite counter tops,
tankless water heaters.
Agent has partially ownership.

Last Agent to Sell the Property

Alicia Martinez

Hispana Homes License #01185725 Listed on: 09/18/2018

Last Buyer's Agent

Mauricio Roque

Realty One Group West License #01938342

Realty One Group West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 9,583 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Fence is in good condition
  • Corner Lot
  • Irregular Lot
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Drapes & Rods
  • Sliding Doors
  • Living Room
  • Bonus Room
  • Storage

Kitchen

  • Gas Range
  • Free-Standing Range
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Mirrored Closets Doors
  • 3 Bathrooms

Parking

  • Parking Available
  • Unpaved Parking
  • Unassigned Parking

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Tankless Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, exterior maintenance, gas
  • Assessor Parcel Number 179192018

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,600
  • Water Sewer Expense $2,940
  • New Taxes Expense $1,500
  • Operating Expense $6,353
  • Gross Income $45,600
  • Net Operating Income $44,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 2940.00
  • Zoning: R-2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 179192018
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full, Granite Counters, Open Floorplan, Storage
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Levels: One
  • Price Per Square Foot: 277.56
  • Room Type: Bonus Room, Living Room
  • Window Features: Drapes

Exterior Features

  • Fence: Yes
  • Fencing: Good Condition, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Unpaved, Unassigned

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Free-Standing Range, Disposal, Gas Range, Gas Water Heater, Tankless Water Heater
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Corner Lot, Front Yard, Lot 10000-19999 Sqft, Irregular Lot
  • Lot Size Sq Ft: 9583.00
  • Lot Size Acres: 0.2200

Rental Info

  • Tenant Pays: Electricity, Exterior Maintenance, Gas

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average2 Bed Area: 600 Square Feet
  • Average3 Bed Area: 600 Square Feet
  • Gross Income: 45600.00
  • Gross Scheduled Income: 45600.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 9583.0000 Square Feet
  • Net Operating Income: 44000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Rent Control: No
  • Total Actual Rent: 3800.00
  • Total Expenses: 6353.00

Tax Info

  • New Taxes Expense: 1500.00
  • Tax Census Tract: 402.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2022
Sold by
Heidi Yttri
Bought by
Wallace Street Llc
Current Estimated Value
$831,663

Purchase Details

Closed on
Dec 1, 2021
Sold by
Burtle John W
Bought by
Burtle Vanessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2021
Sold by
Hammel Thomas E and Hammel Jami L
Bought by
Yttri Heidi and Burtle Vanessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 18, 2018
Closed on
Nov 9, 2018
Sold by
Gomez Erik and Cunanan Alexandria
Bought by
Hammel Thomas E and Hammel Jami L
Seller's Agent
Alicia Martinez
Hispana Homes
Buyer's Agent
Mauricio Roque
Realty One Group West
List Price
$499,600
Sold Price
$499,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%
Original Mortgage
$374,700
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2016
Sold by
She Robin
Bought by
Gomez Erik and Cunanan Alexandria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 16, 1996
Sold by
Henderson Betty V
Bought by
Henderson Betty
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wallace Street Llc -- None Listed On Document
Burtle Vanessa -- Ticor Title Orange County
Yttri Heidi $630,000 Ticor Title Orange County
Hammel Thomas E $500,000 First American Title
Gomez Erik $250,000 Orange Coast Title Co Socal
Henderson Betty -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yttri Heidi $472,500
Previous Owner Hammel Thomas E $374,700
Previous Owner Gomez Erik $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2018 12/10/18 Sold $499,600 0.0% $278 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
09/18/2018 09/18/18 For Sale $499,600 -- $278 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,291 $668,560 $201,629 $466,931
2023 $7,291 $642,600 $193,800 $448,800
2022 $7,133 $630,000 $157,500 $472,500
2021 $5,946 $514,871 $123,668 $391,203
2020 $5,875 $509,592 $122,400 $387,192
2019 $5,764 $499,600 $120,000 $379,600
2018 $2,983 $255,000 $61,200 $193,800
2017 $1,428 $113,528 $31,830 $81,698
2016 $559 $35,678 $5,095 $30,583
2015 $551 $35,144 $5,019 $30,125
2014 $521 $34,458 $4,922 $29,536
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Alicia Martinez

    Hispana Homes

    (714) 473-4244

    11 Total Sales

    Alicia Martinez
    Section Image

  • M

    Buyer's Agent in 2018

    Mauricio Roque

    Realty One Group West

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18228569

California Regional Multiple Listing Service (CRMLS)

APN: 179-192-018

California Riverside County Riverside 92509 Rubidoux

3587 Wallace St Unit 3, Riverside, CA

Not Listed for Sale

MultiFamily

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