NOT LISTED FOR SALE

Estimated Value: $604,000 - $863,000

5 Beds
2 Baths
1,780 Sq Ft
$387/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $495,000 $278 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,084/month

108 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Cottage
  • Living Room

About This Home

As of April 2021

Incredible opportunity to own this property in the City of Riverside. Good sized lot with two separate structures - the main house has 3 bedrooms and 1 bath, laundry area hook-ups inside and 2-car parking in the back. The exterior was recently painted. The back unit has 2 bedrooms and 1 bath with its own laundry area, a storage shed and 2-car parking in the back. Per Riverside County assessor records, this property is an SFD with a secondary dwelling unit (ADU). Main house is 1012-sqft and the back unit is 768-sqft. Both units are tenant-occupied. The front house is rented for $1450 a month and the back house rents for $1250 a month. Great value with lots of potential.

Last Agent to Sell the Property

Teri Robles-Dunaway

Dunaway Real Estate Group License #01088198 Listed on: 12/06/2020

Last Buyer's Agent

Nabil Suleiman

Deasy Penner Podley License #02004196

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls

Home Design

  • Cottage
  • Bungalow
  • Fixer Upper
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,780 Sq Ft Home
  • Living Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Parking Lot

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 211104032

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Not Applicable 105 Subdivision

Building Details

  • 2 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Net Operating Income $19,848

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: R1065
  • Architectural Style: Bungalow, Cottage
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 211104032
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 278.09
  • Room Type: Living Room

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Frame

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space
  • Total Parking Spaces: 4.00

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 19848.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 12552.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2020
Closed on
Mar 11, 2021
Sold by
Elias Celia A and Elias Celia F
Bought by
Medina Erick
Seller's Agent
Teri Robles-Dunaway
Dunaway Real Estate Group
Buyer's Agent
Nabil Suleiman
Deasy Penner Podley
List Price
$480,000
Sold Price
$495,000
Premium/Discount to List
$15,000
3.12%
Current Estimated Value
$689,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,220
Avg. Annual Appreciation
7.23%
Original Mortgage
$470,250
Outstanding Balance
$422,961
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$266,259

Purchase Details

Listed on
Oct 4, 2017
Closed on
Nov 21, 2017
Sold by
Elias Mario
Bought by
Elias Celia A
Seller's Agent
VICKIE FLORES
GOLDEN CIRCLE REALTY
Buyer's Agent
Prency Argente
Dunaway Real Estate Group
List Price
$405,000
Sold Price
$405,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$303,750
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 4, 2017
Closed on
Oct 31, 2017
Sold by
Flores Maria A Puga De
Bought by
Elias Celia F
Seller's Agent
VICKIE FLORES
GOLDEN CIRCLE REALTY
Buyer's Agent
Prency Argente
Dunaway Real Estate Group
List Price
$405,000
Sold Price
$405,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2011
Sold by
Continental Corporation Ltd
Bought by
Deflores Maria A Puga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,183
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 2008
Sold by
Dlj Mortgage Capital Inc
Bought by
Continental Corp Ltc

Purchase Details

Closed on
Mar 14, 2008
Sold by
Luna Michael
Bought by
Dlj Mortgage Capital Inc

Purchase Details

Closed on
Oct 6, 2006
Sold by
Luna Toni C
Bought by
Luna Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,400
Interest Rate
8%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 17, 2006
Sold by
Kelly Earnestine
Bought by
Trujillo Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 5, 2005
Sold by
Kelly Martha
Bought by
Kelly Earnestine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
8.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 23, 2004
Sold by
Kelly Earnestine and Kelly Martha
Bought by
Kelly Earnestine and Kelly Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
7.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 2, 1994
Sold by
Kelly Martha
Bought by
Kelly Ernestine and Kelly Martha
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
Medina Erick $495,000 Old Republic Title Company
Elias Celia A -- Ticor Title Company
Elias Celia F $405,000 Ticor Title Company
Deflores Maria A Puga $190,000 Nations Title Company Of Ca
Continental Corp Ltc $110,000 Lsi Title Agency
Dlj Mortgage Capital Inc $243,323 None Available
Luna Michael -- First American Title Company
Luna Michael $358,000 First American Title Company
Trujillo Christopher $310,000 First American Title Company
Kelly Earnestine -- Ticor Title Company Of Ca
Kelly Earnestine -- Ticor Title
Kelly Ernestine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Erick $470,250
Previous Owner Elias Celia A $303,750
Previous Owner Deflores Maria A Puga $185,183
Previous Owner Luna Michael $286,400
Previous Owner Trujillo Christopher $248,000
Previous Owner Kelly Earnestine $175,000
Previous Owner Kelly Earnestine $103,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2021 04/09/21 Sold $495,000 +3.1% $278 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $480,000 -3.0% $270 / Sq Ft
12/17/2020 12/17/20 Off Market $495,000 -- --
12/06/2020 12/06/20 For Sale $480,000 +18.5% $270 / Sq Ft
12/14/2017 12/14/17 Sold $405,000 0.0% $228 / Sq Ft View Prior Sale
10/16/2017 10/16/17 Pending -- -- --
10/04/2017 10/04/17 For Sale $405,000 -- $228 / 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 $5,813 $535,801 $134,220 $401,581
2023 $5,813 $514,997 $129,009 $385,988
2022 $5,681 $504,900 $126,480 $378,420
2021 $4,908 $432,625 $84,094 $348,531
2020 $4,871 $428,190 $83,232 $344,958
2019 $4,780 $419,795 $81,600 $338,195
2018 $4,687 $411,564 $80,000 $331,564
2017 $2,432 $209,736 $66,231 $143,505
2016 $2,279 $205,625 $64,933 $140,692
2015 $2,246 $202,538 $63,958 $138,580
2014 $2,225 $198,572 $62,706 $135,866
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320004274

California Regional Multiple Listing Service (CRMLS)

APN: 211-104-032