NOT LISTED FOR SALE

3588 Timothy Way Riverside, CA 92506

Magnolia Center Neighborhood

Estimated Value: $585,000 - $779,798

3 Beds
1 Bath
1,202 Sq Ft
$547/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $365,000 $304 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,128/month

12 Days on Market

Highlights

  • Wood Flooring
  • Lawn
  • Neighborhood Views
  • Polytechnic High School Rated A-
  • No HOA
  • Breakfast Area or Nook

About This Home

As of December 2020

1,202 sqft home located in a cul-de-sac near the Riverside Plaza. 3 bedrooms, 1 bathroom, and a detached 2 car garage. This home features a lot of its colorful original character. Colorful tiles in the kitchen and bathroom, original hardwood floors throughout and a beautiful red brick fireplace. The large backyard is fenced in and has a small patio. Walking distance to the Riverside Plaza and easy access to the 91 freeway!

Last Agent to Sell the Property

GEORGE SPAVEN

SPAVEN REAL ESTATE & MGMT License #01081142 Listed on: 11/18/2020

Last Buyer's Agent

Kevin Taylor

FTRE CA Inc. License #02060527

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,000

Year Built

  • Built in 1951

Lot Details

  • 6,970 Sq Ft Lot
  • Wood Fence
  • Brick Fence
  • Chain Link Fence
  • Landscaped
  • Lawn
  • Front Yard
  • Property is zoned R1065

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,202 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Tile Bathroom Countertop
  • <<tubWithShowerToken>>

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Pachappa Elementary School
  • Central Middle School
  • Polytechnic High School

Utilities

  • Floor Furnace
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 2
  • Assessor Parcel Number 225242034

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,000

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R1065
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 225242034
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1202.00 Square Feet
  • Interior Amenities: Tile Counters, Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 303.66
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub, Shower In Tub, Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Brick, Chain Link, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Gas Water Heater
  • Electric: Standard
  • Heating Type: Floor Furnace, Fireplace(s)
  • Laundry Features: Electric Dryer Hookup, Gas & Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Riverside Unified
  • Elementary School: Pachappa
  • Middle School: Central
  • High School: Polytechnic
  • Elementary School: Pachappa
  • High School: Polytechnic
  • Middle Or Junior School: Central
  • Elementary School #2: PACHAP
  • High School2: POLYTE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 311.00
  • Tax Lot: 33
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Feb 19, 2021
Sold by
Kmc Investment Corp
Bought by
Eatinger Austin and Eatinger Amber
Seller's Agent
GEORGE SPAVEN
SPAVEN REAL ESTATE & MGMT
Buyer's Agent
Kevin Taylor
FTRE CA Inc.
List Price
$399,900
Sold Price
$365,000
Premium/Discount to List
-$34,900
-8.73%
Current Estimated Value
$656,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,950
Avg. Annual Appreciation
14.17%
Original Mortgage
$446,000
Outstanding Balance
$404,053
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$262,961

Purchase Details

Listed on
Nov 18, 2020
Closed on
Dec 14, 2020
Sold by
Bear Flag Homes Llc
Bought by
Kmc Investment Corp
Seller's Agent
GEORGE SPAVEN
SPAVEN REAL ESTATE & MGMT
Buyer's Agent
Kevin Taylor
FTRE CA Inc.
List Price
$399,900
Sold Price
$365,000
Premium/Discount to List
-$34,900
-8.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2015
Sold by
Lagrippo Marlene Mae
Bought by
Lagrippo Marlene Mae
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
Eatinger Austin $460,000 First American Title Company
Kmc Investment Corp $370,500 Lawyers Title Company
Bear Flag Homes Llc $365,000 Usa National Title Company
Lagrippo Marlene Mae -- None Available
Marlene Mae Lagrippo Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eatinger Austin $34,894
Open Eatinger Austin $446,000
Previous Owner Kmc Investment Corp $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $365,000 -8.7% $304 / Sq Ft
11/18/2020 11/18/20 For Sale $399,900 -- $333 / 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 $6,000 $531,624 $93,636 $437,988
2022 $5,742 $510,200 $91,800 $418,400
2021 $4,217 $370,500 $90,000 $280,500
2020 $786 $62,722 $19,724 $42,998
2019 $772 $61,493 $19,338 $42,155
2018 $758 $60,288 $18,959 $41,329
2017 $746 $59,107 $18,588 $40,519
2016 $702 $57,949 $18,224 $39,725
2015 $692 $108,395 $33,870 $74,525
2014 $684 $55,962 $17,600 $38,362
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    GEORGE SPAVEN

    SPAVEN REAL ESTATE & MGMT

    Section Image

  • K

    Buyer's Agent in 2020

    Kevin Taylor

    FTRE CA Inc.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV20241993

California Regional Multiple Listing Service (CRMLS)

APN: 225-242-034

California Riverside County Riverside 92506 Magnolia Center

3588 Timothy Way, Riverside, CA

This home is located at 3588 Timothy Way, Riverside, CA 92506 since 18 November 2020 and is currently estimated at $656,950, approximately $546 per square foot. This property was built in 1951. 3588 Timothy Way is a home located in Riverside County with nearby schools including Pachappa Elementary School, Central Middle School, and Polytechnic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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