Seller's Agent in 2021
Jason Wang
168 Realty Inc.
(626) 965-7788
1 in this area
9 Total Sales
3622 Ottawa Ave Riverside, CA 92507
Eastside NeighborhoodEstimated Value: $668,521 - $874,000
5
Beds
3
Baths
2
Sq Ft
$392,815/Sq Ft
Est. Value
Highlights
- Laundry Room
- Front Yard
- 3-minute walk to Patterson Park
- No Heating
- 1-Story Property
About This Home
As of September 2021Great Investment Opportunity!!! Located in near UCR, Metro and Downtown. 2 Unit with Ductless Wall Mount Air Conditioners. Front Unit with 2 bedroom & 1 Bath with Laminated flooring, Interior Paint, Kitchen Cabinet remodeled in 2015. Attached car garage Through Kitchen for Easy Access with Washer and Dry hook up. Nice size Fenced Front Yard and Additional Parking on the Driveway. Duplex Unit in the back Left side, 2 bedroom & 1 Bath remodel in 2015 with Laminated flooring and Kitchen Cabinet. New Window Blinds, Newly Exterior Light Fixture and Newly Interior Paints, Stainless Stove in May of 2019. Unit on the Right, 1 bedroom & bathroom. Both Unit with Detached 1 Car Garage and Plenty driveway Parking.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,465
Year Built
- Built in 1953
Lot Details
- 9,583 Sq Ft Lot
- 1 Common Wall
- Front Yard
Parking
- 3 Car Garage
- 2 Carport Spaces
Home Design
- Property Attached
Interior Spaces
- 2 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer
Utilities
- No Heating
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 211162002
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $696
- Other Expense $4,077
- Professional Management Expense $2,049
- Water Sewer Expense $1,080
- Operating Expense $32,941
- Gross Income $32,941
- Net Operating Income $32,941
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2021
Closed on
Sep 14, 2021
Sold by
Cheng Li Yu and Cheng Kuo
Bought by
Vora Sarju Rasiklal and Vora Priya Sarju
Seller's Agent
Jason Wang
168 Realty Inc.
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$688,000
Sold Price
$650,000
Premium/Discount to List
-$38,000
-5.52%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,992
Avg. Annual Appreciation
4.99%
Original Mortgage
$280,690
Outstanding Balance
$256,518
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$529,112
Purchase Details
Closed on
Sep 2, 2014
Sold by
Derenzo Daniel F and Derenzo Patricia J
Bought by
Cheng Li Yu and Cheng Kuo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
3.92%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 31, 2009
Sold by
Derenzo Patricia J
Bought by
Derenzo Daniel F and Derenzo Patricia J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vora Sarju Rasiklal | $650,000 | California Best Title | |
| Cheng Li Yu | $325,000 | First American Title Company | |
| Derenzo Daniel F | -- | None Available | |
| Derenzo Daniel F | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vora Sarju Rasiklal | $280,690 | |
| Previous Owner | Cheng Li Yu | $243,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/22/2021 09/22/21 | Sold | $650,000 | -5.5% | $325,000 / Sq Ft |
| 08/23/2021 08/23/21 | Pending | -- | -- | -- |
| 08/13/2021 08/13/21 | For Sale | $688,000 | 0.0% | $344,000 / Sq Ft |
| 05/01/2016 05/01/16 | Rented | $1,100 | -8.3% | -- |
| 04/21/2016 04/21/16 | Off Market | $1,200 | -- | -- |
| 04/16/2016 04/16/16 | For Rent | $1,200 | +4.3% | -- |
| 07/17/2015 07/17/15 | Rented | $1,150 | 0.0% | -- |
| 07/17/2015 07/17/15 | For Rent | $1,150 | 0.0% | -- |
| 05/02/2015 05/02/15 | Rented | $1,150 | -11.5% | -- |
| 04/02/2015 04/02/15 | Under Contract | -- | -- | -- |
| 03/11/2015 03/11/15 | For Rent | $1,300 | 0.0% | -- |
| 01/12/2015 01/12/15 | Sold | $325,000 | 0.0% | $150 / Sq Ft |
| 11/14/2014 11/14/14 | Pending | -- | -- | -- |
| 08/06/2014 08/06/14 | For Sale | $325,000 | -- | $150 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,465 | $689,783 | $171,914 | $517,869 |
| 2023 | $7,465 | $663,000 | $165,240 | $497,760 |
| 2022 | $7,296 | $650,000 | $162,000 | $488,000 |
| 2021 | $4,108 | $360,850 | $88,823 | $272,027 |
| 2020 | $4,077 | $357,151 | $87,913 | $269,238 |
| 2019 | $4,001 | $350,149 | $86,190 | $263,959 |
| 2018 | $3,923 | $343,284 | $84,500 | $258,784 |
| 2017 | $3,854 | $336,554 | $82,844 | $253,710 |
| 2016 | $3,607 | $329,956 | $81,220 | $248,736 |
| 2015 | $757 | $63,297 | $10,745 | $52,552 |
| 2014 | $749 | $62,060 | $10,536 | $51,524 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Prashant Sampat
Pacific Avenue Realty
(562) 841-0227
6 in this area
220 Total Sales
-
Seller's Agent in 2015
Leanne Austin
Box Properties
(951) 205-2657
66 Total Sales
-
Buyer's Agent in 2015
Celine Duong
IRN Realty
(626) 378-7679
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR21172032
APN: 211-162-002
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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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