NOT LISTED FOR SALE
6 Beds
4 Baths
7,340 Sq Ft
10,427 Sq Ft Lot

Sale Details

Date Sold: August 8, 2017

Last sale price $1,325,000 $181 Per Sq Ft

39 Days on Market

About This Home

As of August 2017

3741 Harvill Lane, an eight-unit apartment building located in Riverside, California. Built in 1975, the property is situated on a 0.24 acre lot and consists of one two-story building. The property offers residents spacious one, two, and three bedroom floorplans. It features ten one-car garages, a storage room, a large on-site laundry facility, and central air conditioning and heating. - Located on Border of Corona and Riverside
- Over $100,000 in Recent Capital Improvements

Last Agent to Sell the Property

Greg Bassirpou

Marcus & Millichap RE Invest Brokerage Email: gbassirpou@marcusmillichap.com License #01365951 Listed on: 04/18/2017

Last Buyer's Agent

John Gessford

Lee & Associates Realty Group License #01137479

Lee & Associates Realty Group
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

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 10,427 Sq Ft Lot
  • No Common Walls

Parking

  • 10 Car Garage

Home Design

  • 7,340 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 3466
  • Assessor Parcel Number 135151006

Community Details

Overview

  • 8 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,772
  • Fuel Expense $2,772
  • Insurance Expense $1,920
  • Trash Expense $1,386
  • Water Sewer Expense $1,386
  • New Taxes Expense $14,795
  • Operating Expense $31,231
  • Gross Income $98,538
  • Net Operating Income $67,307

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

10,427 Sq Ft Lot

Parking

10

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1386.00
  • Zoning: R-3
  • Property Type: Residential Income
  • Parcel Number: 135151006
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 180.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Trash Expense: 1386.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 10427.00
  • Lot Size Acres: 0.2394
  • Latitude Manual: 33.88473800

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average2 Bed Area: 1120 Square Feet
  • Average3 Bed Area: 1350 Square Feet
  • Electric Expense: 2772.00
  • Fuel Expense: 2772.00
  • Garage Income: 2100.00
  • Gross Income: 98538.00
  • Gross Scheduled Income: 98538.00
  • Insurance Expense: 1920.00
  • Laundry Income: 3900.00
  • Lot Size Area: 10427.0000 Square Feet
  • Net Operating Income: 67307.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 31231.00
  • Rent Control: No
  • Total Expenses: 31231.00

Tax Info

  • New Taxes Expense: 14795.00
  • Tax Census Tract: 414.12
  • Tax Lot: 6
  • Tax Tract Number: 3466

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
Apr 18, 2017
Closed on
Jul 11, 2017
Sold by
Bought by
Seller's Agent
Greg Bassirpou
Marcus & Millichap RE Invest
Buyer's Agent
John Gessford
Lee & Associates Realty Group
List Price
$1,345,000
Sold Price
$1,325,000
Premium/Discount to List
-$20,000
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 14, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
3.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
6.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 2, 2001
Sold by
Bought by

Purchase Details

Closed on
Nov 20, 1997
Sold by
Bought by

Purchase Details

Closed on
Oct 23, 1997
Sold by
Bought by

Purchase Details

Closed on
Apr 24, 1997
Sold by
Bought by

Purchase Details

Closed on
Sep 15, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Riverside, CA

See All Agents

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
$1,325,000 North American Title Company
$1,000,000 First American Title Ins Co
-- Chicago Title Company
$1,080,000 Chicago Title Company
-- Fidelity National Title Co
$402,500 Fidelity National Title Co
-- Fidelity National Title Co
$255,000 Fidelity National Title Co
$65,000 Orange Coast Title
-- --
-- Orange Coast Title
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
Open $1,000,000
Closed $875,000
Previous Owner $595,000
Previous Owner $600,000
Previous Owner $630,000
Previous Owner $286,000
Previous Owner $65,000
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
08/08/2017 08/08/17 Sold $1,325,000 -1.5% $181 / Sq Ft
05/27/2017 05/27/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $1,345,000 -- $183 / 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 $18,829 $1,537,772 $243,720 $1,294,052
2025 $18,233 $1,507,621 $238,942 $1,268,679
2023 $18,233 $1,449,079 $229,664 $1,219,415
2022 $16,803 $1,420,666 $225,161 $1,195,505
2021 $16,452 $1,392,811 $220,747 $1,172,064
2020 $16,180 $1,378,530 $218,484 $1,160,046
2019 $15,964 $1,351,500 $214,200 $1,137,300
2018 $15,733 $1,327,000 $210,000 $1,117,000
2017 $12,213 $1,025,500 $153,000 $872,500
2016 $11,968 $1,002,000 $150,000 $852,000
2015 $15,010 $1,259,802 $231,955 $1,027,847
2014 $15,186 $1,235,268 $227,412 $1,007,856
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17084666

California Regional Multiple Listing Service (CRMLS)

APN: 135-151-006

Your Personal Tour Guide

Ask me questions while you tour the home.