NOT LISTED FOR SALE

Estimated Value: $984,000 - $1,089,000

2 Beds
1 Bath
3,000 Sq Ft
$351/Sq Ft Est. Value

Sale Details

Date Sold: October 30, 2015

Last sale price $380,000 $127 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $6,203 / mo

30 Days on Market

About This Home

As of October 2015

This is Property is centrally located in the City of Riverside. Located on a beautiful tree lined street. Conveniently close to Schools, Shopping and the 91 Fwy. Each unit is 2 bedrooms and 1 bath. Spacious lot with plenty of parking space for tenants to park multiple vehicles. 2 units have a private back yard. Additionally there is a separate structure with a storage for each unit. Title shows 3 Units. Owner keeps all units in good shape. Long term tenants, always pay on time. Buyer and buyers agent to do their do diligence.

Last Agent to Sell the Property

Miguel Ibarra

Coldwell Banker Top Team License #01275334 Listed on: 08/10/2015

Coldwell Banker Top Team

Last Buyer's Agent

Miguel Ibarra

Coldwell Banker Top Team License #01275334 Listed on: 08/10/2015

Coldwell Banker Top Team

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 9,583 Sq Ft Lot
  • No Common Walls
  • Landscaped

Parking

  • 6 Parking Spaces

Home Design

  • 3,000 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 13
  • Tax Tract Number 26
  • Assessor Parcel Number 234112013

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $50
  • Gross Income $2,400
  • Net Operating Income $28,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 50.00
  • Property Type: Residential Income
  • Parcel Number: 234112013
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 126.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 9583.00
  • Price Per Lot Square Foot: 39.65
  • Lot Size Acres: 0.2200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 700
  • Gross Income: 2400.00
  • Gross Scheduled Income: 28800.00
  • Lot Size Area: 9583.0000 Square Feet
  • Net Operating Income: 28400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 600.00
  • Rent Control: No

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 26

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2015
Closed on
Sep 10, 2015
Sold by
Morales David M and Morales Sara
Bought by
Seller's Agent
Miguel Ibarra
Coldwell Banker Top Team
Buyer's Agent
Miguel Ibarra
Coldwell Banker Top Team
List Price
$374,900
Sold Price
$380,000
Premium/Discount to List
$5,100
1.36%
Current Estimated Value
$1,051,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$671,667
Avg. Annual Appreciation
9.84%
Original Mortgage
$280,000
Interest Rate
3.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 18, 2002
Sold by
Rizzo Albert P and Hildebrandt Barry A
Bought by
Morales David M and Morales Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,800
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2001
Sold by
Martin Kenneth Allan and Martin Avis Marie
Bought by
Rizzo Albert P and Hildebrandt Barry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 6, 1998
Sold by
Martin Kenneth Allan and Martin Avis Marie
Bought by
Martin Kenneth Allan and Martin Avis Marie

Purchase Details

Closed on
Feb 26, 1998
Sold by
Gosa James E
Bought by
Martin Family Trust

Purchase Details

Closed on
Nov 4, 1996
Sold by
Gosa James E
Bought by
Martin Kenneth Allan and Martin Avis Marie
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Arlington, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$380,000 Usa National Title
Morales David M $286,000 Stewart Title
Rizzo Albert P $175,000 Stewart Title
Martin Kenneth Allan -- --
Martin Family Trust $171,912 First American Title Ins Co
Martin Kenneth Allan -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $280,000
Previous Owner Morales David M $272,000
Previous Owner Morales David M $228,800
Previous Owner Rizzo Albert P $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/30/2015 10/30/15 Sold $380,000 +1.4% $127 / Sq Ft
09/09/2015 09/09/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $374,900 -- $125 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,136 $458,831 $181,117 $277,714
2025 $5,136 $449,835 $177,566 $272,269
2023 $4,970 $432,370 $170,672 $261,698
2022 $4,859 $423,893 $167,326 $256,567
2021 $4,797 $415,583 $164,046 $251,537
2020 $4,762 $411,322 $162,364 $248,958
2019 $4,674 $403,258 $159,181 $244,077
2018 $4,584 $395,352 $156,060 $239,292
2017 $4,509 $387,600 $153,000 $234,600
2016 $4,225 $380,000 $150,000 $230,000
2015 $3,849 $344,641 $72,298 $272,343
2014 $3,814 $337,892 $70,883 $267,009
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR15175744

California Regional Multiple Listing Service (CRMLS)

APN: 234-112-013

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