NOT LISTED FOR SALE

3656 Nye Ave Riverside, CA 92505

La Sierra Neighborhood

Estimated Value: $554,000 - $936,000

5 Beds
4 Baths
2,088 Sq Ft
$364/Sq Ft Est. Value

Last Sold October 25, 2017

Last sale price $475,000 $227 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,510/month

398 Days on Market

About This Home

As of October 2017

Great investment property in the city of Riverside, 2 separate house in 1 big lot (could be built up to 4 units on this lot), the front house has 2 bed & 2 bath, the back house has 3 bed & 2 bath & 1 car garage. Both property has separate utilities meter & complete upgrade 2 year ago. Very quite & convenience area, minute to Tyler malls, AMC Theater, Kaiser Hospital, LA Fitness, super market, Restaurant & freeway. Long term tenants on both units.

Last Agent to Sell the Property

Erick Phan

REALTY SOURCE INC License #01775374 Listed on: 09/01/2016

Last Buyer's Agent

Patricia Loya

Century 21 Masters License #01446698

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 0.48 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,088 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Urban Location
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for electricity, grounds care, gas
  • Tax Lot 17
  • Tax Tract Number 414
  • Assessor Parcel Number 138052009

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • New Taxes Expense $4,000
  • Operating Expense $6,600
  • Gross Income $29,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • CapRate: 5.75
  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: R1065
  • Property Type: Residential Income
  • Parcel Number: 138052009
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 227.49

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Conventional Septic
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 20909.00
  • Price Per Lot Square Foot: 27.02

Rental Info

  • Tenant Pays: Electricity, Grounds Care, Gas

Multi Family

  • Gross Income: 29400.00
  • Gross Scheduled Income: 29400.00
  • Insurance Expense: 800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 6600.00

Tax Info

  • New Taxes Expense: 4000.00
  • Tax Lot: 17
  • Tax Tract Number: 414.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2019
Sold by
Hernandez Ricardo and Hernandez Edith
Bought by
Villa Ricardo and Hernandez Edith Rocic
Current Estimated Value
$759,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,313
Outstanding Balance
$398,001
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$361,910

Purchase Details

Listed on
Sep 1, 2016
Closed on
Oct 21, 2017
Sold by
Arizmendi Rogelio
Bought by
Arizmendi Janet
Seller's Agent
Erick Phan
REALTY SOURCE INC
Buyer's Agent
Patricia Loya
Century 21 Masters
List Price
$565,000
Sold Price
$475,000
Premium/Discount to List
-$90,000
-15.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$451,668
Interest Rate
3.78%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 1, 2016
Closed on
Sep 13, 2017
Sold by
American Property Investment Llc
Bought by
Villa Ricardo Hernandez and Hernandez Edith Rocio
Seller's Agent
Erick Phan
REALTY SOURCE INC
Buyer's Agent
Patricia Loya
Century 21 Masters
List Price
$565,000
Sold Price
$475,000
Premium/Discount to List
-$90,000
-15.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,668
Interest Rate
3.78%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 2014
Sold by
Sanchez Lilia and Sanchez Ricardo
Bought by
American Property Investment Llc

Purchase Details

Closed on
Sep 28, 2006
Sold by
Duarte Javier
Bought by
Sanchez Ricardo and Sanchez Lilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
8.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 20, 2005
Sold by
Duarte Florentina
Bought by
Duarte Javier

Purchase Details

Closed on
Oct 19, 2005
Sold by
Duarte Javier and Duarte Florentina
Bought by
Duarte Javier

Purchase Details

Closed on
Jun 6, 2002
Sold by
Duarte Florentina
Bought by
Duarte Javier

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
8.1%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 2002
Sold by
Barton David R and Barton Geneva L
Bought by
Duarte Javier

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
8.1%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Villa Ricardo -- Lawyers Title Ie
Arizmendi Janet -- Fidelity National Title Oran
Villa Ricardo Hernandez $475,000 Fidelity National Title Oran
American Property Investment Llc $312,000 Westerminster Title Company
Sanchez Ricardo $560,000 Investors Title Company
Duarte Javier -- Investors Title Company
Duarte Javier -- Investors Title Company
Duarte Javier -- First American Title
Duarte Javier -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villa Ricardo $454,313
Closed Arizmendi Janet $451,668
Previous Owner Sanchez Ricardo $392,000
Previous Owner Duarte Javier $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2017 10/25/17 Sold $475,000 -1.0% $227 / Sq Ft
10/04/2017 10/04/17 Pending -- -- --
09/08/2017 09/08/17 Price Changed $480,000 -5.7% $230 / Sq Ft
01/31/2017 01/31/17 Price Changed $509,000 +2.0% $244 / Sq Ft
11/22/2016 11/22/16 Price Changed $499,000 -2.0% $239 / Sq Ft
11/09/2016 11/09/16 Price Changed $509,000 -4.9% $244 / Sq Ft
09/20/2016 09/20/16 Price Changed $535,000 -5.3% $256 / Sq Ft
09/01/2016 09/01/16 For Sale $565,000 -- $271 / 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 $6,474 $538,938 $129,746 $409,192
2023 $6,474 $518,011 $124,708 $393,303
2022 $6,006 $509,293 $144,743 $364,550
2021 $5,904 $499,307 $141,905 $357,402
2020 $5,809 $494,188 $140,450 $353,738
2019 $5,734 $484,499 $137,698 $346,801
2018 $5,654 $475,000 $135,000 $340,000
2017 $3,946 $329,385 $95,059 $234,326
2016 $3,881 $322,928 $93,196 $229,732
2015 $3,825 $318,080 $91,798 $226,282
2014 $7,415 $612,037 $174,867 $437,170
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Erick Phan

    REALTY SOURCE INC

    Section Image
  • Patricia Loya

    Buyer's Agent in 2017

    Patricia Loya

    Century 21 Masters

    (562) 927-2626

    16 Total Sales

    Patricia Loya
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16192763

California Regional Multiple Listing Service (CRMLS)

APN: 138-052-009

California Riverside County Riverside 92505 La Sierra

3656 Nye Ave, Riverside, CA

Not Listed for Sale

MultiFamily

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

Nearby Homes