NOT LISTED FOR SALE

3695 Arora St Riverside, CA 92509

Estimated Value: $675,000 - $967,000

4 Beds
2 Baths
1,540 Sq Ft
$504/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $707,000 $459 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,589/month

4 Days on Market

Highlights

  • Laundry Room
  • Central Heating
  • 1-Story Property

About This Home

As of July 2024

Welcome to Jurupa Valley! This charming duplex offers a fantastic opportunity for both homeowners and investors alike. The property consists of two units, each with its own unique features and amenities.
The back unit has a comfortable layout with two bedrooms and one bath, complemented by a bonus room that can serve as a versatile space for various needs. The front unit has 2 bedrooms and 1 car garage with additional designated parking space. Additionally, the long driveway provides ample parking for RVs and multiple vehicles. The large backyard presents a canvas of possibilities, with the seller generously including plans for a four-bedroom ADU (Accessory Dwelling Unit). This expansion potential not only enhances the property's value but also opens up avenues for additional living space or rental income. Each unit has separate gas meter, electric meter and washer and dryer hookups.
Property underwent a comprehensive renovation in 2021 from the installation of double-pane windows, kitchen cabinets, the interior and exterior
were painted and complete bathroom remodel.
Situated just minutes away from downtown Riverside, UCR and developing district at Jurupa that will enhance the area.
Don't miss out on the opportunity to make this duplex your own. Schedule a showing today and experience the charm and potential that this property has to offer!

Last Agent to Sell the Property

Karen Munoz

Remax Anela Realty Brokerage Phone: 1714697152 License #02084961 Listed on: 06/08/2024

Remax Anela Realty

Last Buyer's Agent

Martin Gonzalez

MG REAL ESTATE & PROPERTY MGMT License #01380403

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,718

Year Built

  • Built in 1959

Lot Details

  • 7,841 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity, exterior maintenance, gas
  • Legal Lot and Block 19 / B
  • Tax Tract Number 1
  • Assessor Parcel Number 179202007
  • $140 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $200
  • Operating Expense $200
  • Gross Income $4,500
  • Net Operating Income $4,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,718

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 344950
  • Property Attached: Yes
  • Water Sewer Expenses: 200.00
  • Zoning: R-2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 179202007
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 459.09

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800
  • Latitude Manual: 33.99655800

Rental Info

  • Tenant Pays: Electricity, Exterior Maintenance, Gas

Multi Family

  • Gross Income: 4500.00
  • Gross Scheduled Income: 4500.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 4300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 200.00
  • Rent Control: No
  • Total Actual Rent: 4500.00
  • Total Expenses: 200.00

Tax Info

  • Tax Block: B
  • Tax Census Tract: 402.04
  • Tax Lot: 19
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 140.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2024
Closed on
Jul 1, 2024
Sold by
Cornejo Adelia
Bought by
Vergara Juan
Seller's Agent
Karen Munoz
Remax Anela Realty
Buyer's Agent
Martin Gonzalez
MG REAL ESTATE & PROPERTY MGMT
List Price
$689,900
Sold Price
$707,000
Premium/Discount to List
$17,100
2.48%
Views
29
Current Estimated Value
$775,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,614
Avg. Annual Appreciation
7.76%
Original Mortgage
$357,000
Outstanding Balance
$352,453
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$423,161

Purchase Details

Listed on
Jun 8, 2024
Closed on
Jun 14, 2024
Sold by
Munoz Karen
Bought by
Vergara Juan
Seller's Agent
Karen Munoz
Remax Anela Realty
Buyer's Agent
Martin Gonzalez
MG REAL ESTATE & PROPERTY MGMT
List Price
$689,900
Sold Price
$707,000
Premium/Discount to List
$17,100
2.48%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Outstanding Balance
$352,453
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$423,161

Purchase Details

Listed on
Aug 19, 2020
Closed on
Sep 8, 2020
Sold by
Central Community Christian Fellowship
Bought by
Haro Jorge and Haro Yolanda
Seller's Agent
Molly Silva-Gurrola
NEST REAL ESTATE
Buyer's Agent
Jeannette Villegas
First Family Homes
List Price
$370,000
Sold Price
$350,000
Premium/Discount to List
-$20,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.93%
Original Mortgage
$160,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2020
Sold by
Buckingham Thomas R
Bought by
Central Community Christian Fellowship

Purchase Details

Closed on
May 19, 2011
Sold by
Buckingham Thomas R and Buckingham Ellen E
Bought by
Buckingham Thomas R and Buckingham Ellen E
Source: Public Records

Range of Values:

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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
Vergara Juan -- Pacific Coast Title
Vergara Juan $707,000 Pacific Coast Title
Haro Jorge $350,000 Usa Ntc
Central Community Christian Fellowship -- Accommodation
Buckingham Thomas R -- Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vergara Juan $357,000
Previous Owner Haro Jorge $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2024 07/16/24 Sold $707,000 +2.5% $459 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
06/08/2024 06/08/24 For Sale $689,900 +39.4% $448 / Sq Ft
01/04/2022 01/04/22 Sold $495,000 +1.0% $321 / Sq Ft View Prior Sale
11/17/2021 11/17/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $489,999 +40.0% $318 / Sq Ft
11/03/2020 11/03/20 Sold $350,000 -5.4% $228 / Sq Ft View Prior Sale
09/03/2020 09/03/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $370,000 -- $241 / 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 $5,718 $707,000 $175,000 $532,000
2023 $5,718 $504,900 $126,225 $378,675
2022 $4,075 $357,000 $102,000 $255,000
2021 $4,054 $350,000 $100,000 $250,000
2020 $1,358 $109,208 $36,396 $72,812
2019 $1,228 $107,068 $35,683 $71,385
2018 $1,189 $104,970 $34,984 $69,986
2017 $1,260 $102,913 $34,299 $68,614
2016 $1,243 $100,896 $33,627 $67,269
2015 $1,226 $99,382 $33,123 $66,259
2014 $1,147 $97,437 $32,475 $64,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24117113

California Regional Multiple Listing Service (CRMLS)

APN: 179-202-007