NOT LISTED FOR SALE

Estimated Value: $467,055 - $749,000

3 Beds
3 Baths
1,906 Sq Ft
$341/Sq Ft Est. Value

Last Sold March 17, 2012

Last sale price $150,000 $79 Per Sq Ft

Est. 333% increase in value since last sale

Current estimated payment $3,820/month

131 Days on Market

Highlights

  • Ranch Style House
  • No Heating
  • 4-minute walk to Bobby Bonds Park and Sports Complex

About This Home

As of March 2012

AWESOME LOCATION NEAR UNIVERSITY OF CA RIVERSIDE, CESAR CHAVEZ COMM CTR, AND DOWNTOWN RIVERSIDE. CORNER LOT HAS SFR AND DUPLEX EACH WITH 1 BR 1 BATH AND SINGLE CAR GARAGE. ALL THREE ARE RENTED OUT; COMPLETELY FENCED IN. PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Larry Cirnigliaro

Coastland Realty, Inc. License #01186227 Listed on: 07/26/2011

Last Buyer's Agent

Larry Cirnigliaro

Coastland Realty, Inc. License #01186227 Listed on: 07/26/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,304

Year Built

  • Built in 1947

Lot Details

  • 10,018

Parking

  • 2 Parking Spaces

Home Design

  • 1,906 Sq Ft Home
  • Ranch Style House
  • Stucco

Additional Features

  • 10,018 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 74
  • Tax Tract Number 1
  • Assessor Parcel Number 211171010

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 2 Separate Gas Meters
  • Net Operating Income $19,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,304

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 12.49
  • View: No
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • Parcel Number: 211171010
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Price Per Square Foot: 78.70

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 10018.00
  • Lot Size Acres: 0.2300

Multi Family

  • Gross Multiplier: 6.01
  • Gross Scheduled Income: 26640.00
  • Lot Size Area: 10018.0000 Square Feet
  • Net Operating Income: 19980.00
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 6660.00

Tax Info

  • Tax Area: 9000
  • Tax Lot: 74
  • Tax Tract: .
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2025
Sold by
Brown Robert H
Bought by
Lucky Marble Holdings Llc
Current Estimated Value
$649,764

Purchase Details

Closed on
Feb 9, 2017
Sold by
Lucky Marble Holdings Llc
Bought by
Brown Robert H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 5, 2013
Sold by
Brown Robert H
Bought by
Lucky Marble Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
May 21, 2012
Sold by
Brown Robert H
Bought by
Lucky Marble Holdings Llc

Purchase Details

Listed on
Jul 26, 2011
Closed on
Jan 28, 2012
Sold by
Ornelas Albert
Bought by
Brown Robert H
Seller's Agent
Larry Cirnigliaro
Coastland Realty, Inc.
Buyer's Agent
Larry Cirnigliaro
Coastland Realty, Inc.
List Price
$299,900
Sold Price
$150,000
Premium/Discount to List
-$149,900
-49.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.47%
Original Mortgage
$112,500
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 2008
Sold by
Chase Home Finance Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 21, 2004
Sold by
Ornelas Evelyne D
Bought by
Ornelas Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 17, 2004
Sold by
Hyde Lance
Bought by
Ornelas Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 21, 2003
Sold by
Standre Edward Lee and Standre Carolyn Jean
Bought by
Hyde Lance
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lucky Marble Holdings Llc -- None Listed On Document
Brown Robert H -- Bnt Title Company Of Ca
Lucky Marble Holdings Llc -- Accommodation
Brown Robert H -- Fidelity National Title Co
Lucky Marble Holdings Llc -- None Available
Brown Robert H $150,000 Fidelity
Federal National Mortgage Association -- Accommodation
Ornelas Albert -- Old Republic Title Company
Ornelas Albert $305,000 Old Republic Title Company
Hyde Lance -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Robert H $203,000
Previous Owner Brown Robert H $203,000
Previous Owner Brown Robert H $112,500
Previous Owner Ornelas Albert $326,250
Previous Owner Ornelas Albert $255,000
Closed Ornelas Albert $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2012 03/17/12 Sold $150,000 -50.0% $79 / Sq Ft
12/04/2011 12/04/11 Pending -- -- --
07/26/2011 07/26/11 For Sale $299,900 -- $157 / 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 $4,304 $394,594 $104,449 $290,145
2023 $4,304 $379,273 $100,394 $278,879
2022 $4,206 $371,837 $98,426 $273,411
2021 $4,154 $364,547 $96,497 $268,050
2020 $4,123 $360,810 $95,508 $265,302
2019 $4,045 $338,130 $93,636 $244,494
2018 $3,796 $331,500 $91,800 $239,700
2017 $1,906 $162,334 $43,288 $119,046
2016 $1,787 $159,152 $42,440 $116,712
2015 $1,761 $156,763 $41,803 $114,960
2014 $1,744 $153,694 $40,985 $112,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P790408

California Regional Multiple Listing Service (CRMLS)

APN: 211-171-010