NOT LISTED FOR SALE

Estimated Value: $635,393 - $816,000

4 Beds
2 Baths
1,700 Sq Ft
$410/Sq Ft Est. Value

Last Sold October 26, 2021

Last sale price $550,000 $324 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,314/month

5 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • Central Heating and Cooling System
  • Living Room
  • Tile Flooring
  • 1-Story Property

About This Home

As of October 2021

RIVERSIDE, 2 - 2 BDR, 1 BATH UNITS, STOVE, (REFRIGERATOR, WASHER/DRYER - 3673 ONLY), C/A, 1 CAR GARAGES, SHARED YARD, GARDENING SERVICE CURRENTLY PROVIDED FOR COMMON AREAS, WATER PAID FOR TENANTS

Last Agent to Sell the Property

Richard Merlin

RICH MERLIN REALTY License #01169957 Listed on: 09/16/2021

Last Buyer's Agent

Andy Lee

IRN Realty License #01203741

IRN Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,327

Year Built

  • Built in 1954

Lot Details

  • 9,583 Sq Ft Lot
  • No Common Walls
  • Sprinkler System
  • Lawn
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Window Screens
  • Living Room

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 316
  • Assessor Parcel Number 234112019
  • $83 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,080
  • Net Operating Income $29,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,327

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 275000
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: R2
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 234112019
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 323.53
  • Room Type: Kitchen, Living Room
  • Window Features: Blinds, Screens

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lawn, Sprinkler System
  • Lot Size Sq Ft: 9583.00
  • Lot Size Acres: 0.2200

Multi Family

  • Gross Scheduled Income: 30540.00
  • Lot Size Area: 9583.0000 Square Feet
  • Net Operating Income: 29460.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1080.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 316.01
  • Tax Lot: 19
  • Tax Tract Number: 316.01
  • TaxOtherAnnualAssessmentAmount: 83.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 26, 2021
Sold by
Christina Maxwell Marian
Seller's Agent
Richard Merlin
RICH MERLIN REALTY
Buyer's Agent
Andy Lee
IRN Realty
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$696,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,348
Avg. Annual Appreciation
6.30%
Original Mortgage
$385,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 13, 2021
Sold by
Koett Rita R Maxwell and The Marian C Maxwell Family Tr
Bought by
Lee Andy H A and Lee Jessica H
Seller's Agent
Richard Merlin
RICH MERLIN REALTY
Buyer's Agent
Andy Lee
IRN Realty
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2016
Sold by
Lee Andy H A and Lee Jessica H
Bought by
Andy And Jessica Lee Family Trust

Purchase Details

Closed on
Aug 18, 2003
Sold by
Maxwell Marian C
Bought by
Maxwell Marian C and Marian C Maxwell Trust
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
-- -- --
Lee Andy H A $550,000 First American Title Company
-- -- --
Andy And Jessica Lee Family Trust -- Accommodation/Courtesy Recordi
Maxwell Marian C -- --
Maxwell Marian C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Andy H A $385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2021 10/26/21 Sold $550,000 0.0% $324 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $550,000 -- $324 / 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 $6,327 $583,664 $132,651 $451,013
2023 $6,327 $561,000 $127,500 $433,500
2022 $6,183 $550,000 $125,000 $425,000
2021 $734 $58,299 $11,926 $46,373
2020 $728 $57,702 $11,804 $45,898
2019 $716 $56,572 $11,573 $44,999
2018 $703 $55,464 $11,347 $44,117
2017 $692 $54,377 $11,125 $43,252
2016 $652 $53,311 $10,907 $42,404
2015 $642 $52,513 $10,745 $41,768
2014 $635 $51,486 $10,536 $40,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21205015

California Regional Multiple Listing Service (CRMLS)

APN: 234-112-019