J
Seller's Agent in 2024
Jeremy Devine
DEVINE REALTY GROUP, INC.
(951) 312-2113
1 in this area
25 Total Sales
3750 Monroe St Riverside, CA 92504
Ramona NeighborhoodEstimated Value: $544,212 - $581,000
3
Beds
1
Bath
1,004
Sq Ft
$561/Sq Ft
Est. Value
Highlights
- Solar Power System
- Laundry Room
- Level Lot
- No HOA
- Central Heating and Cooling System
- 1-Story Property
About This Home
As of April 2024Welcome to a unique opportunity adjacent to the prestigious California Baptist University! This captivating property, built in 1946, seamlessly combines vintage charm with exciting development potential. Boasting 3 bedrooms, 1 full bath, a convenient laundry room, and a spacious 2-car carport, this residence offers a perfect blend of comfort and functionality.
Situated on a substantial lot of 11,761 sqft, the property not only provides ample space for relaxation but also holds significant investment potential. A second structure at the rear, previously used for storage and temporary living, showcases the adaptability of this versatile space.
The property's proximity to California Baptist University adds an extra layer of appeal, making it an ideal residence for faculty, staff, or students seeking a conveniently located home. With alley access and a vast lot, this property presents a unique opportunity for expansion. In response to the growing demand for housing, the rear half of the lot offers the potential for constructing 1 or 2 additional units, enhancing its value and versatility.
This listing isn't just a home; it's an investment in the future, strategically positioned near one of California's premier educational institutions. Whether you're captivated by its vintage charm or enticed by its development prospects, this property is a rare gem.
Last Agent to Sell the Property
DEVINE REALTY GROUP, INC. Brokerage Phone: 951-312-2113 License #01416680 Listed on: 01/08/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,446
Year Built
- Built in 1946
Lot Details
- 0.27 Acre Lot
- Level Lot
- Density is up to 1 Unit/Acre
- Property is zoned R1065
Parking
- 1 Car Garage
- 2 Carport Spaces
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,004 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Schools
- Monroe Elementary School
- Chemawa Middle School
- Arlington High School
Additional Features
- Solar Power System
- Exterior Lighting
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 1 / 24
- Assessor Parcel Number 233110025
- $66 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 24, 2024
Sold by
Pezo Felipe A and Pezo Sonnia E
Bought by
California Baptist University
Current Estimated Value
Purchase Details
Closed on
Oct 9, 1996
Sold by
Pezo Felipe A and Pezo Sonnia E
Bought by
Pezo Felipe A and Pezo Sonia E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
8.11%
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| California Baptist University | $550,000 | Orange Coast Title | |
| Pezo Felipe A | -- | Gateway Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pezo Felipe A | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/16/2024 04/16/24 | Sold | $550,000 | +10.0% | $548 / Sq Ft |
| 01/25/2024 01/25/24 | Pending | -- | -- | -- |
| 01/08/2024 01/08/24 | For Sale | $500,000 | -- | $498 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $1,446 | $560,999 | $168,301 | $392,698 |
| 2023 | $1,446 | $130,467 | $69,037 | $61,430 |
| 2022 | $1,411 | $127,910 | $67,684 | $60,226 |
| 2021 | $1,405 | $125,403 | $66,357 | $59,046 |
| 2020 | $1,394 | $124,118 | $65,677 | $58,441 |
| 2019 | $1,367 | $121,686 | $64,390 | $57,296 |
| 2018 | $1,340 | $119,301 | $63,127 | $56,174 |
| 2017 | $1,316 | $116,963 | $61,890 | $55,073 |
| 2016 | $1,234 | $114,671 | $60,677 | $53,994 |
| 2015 | $1,215 | $112,950 | $59,766 | $53,184 |
| 2014 | $1,201 | $110,741 | $58,597 | $52,144 |
Source: Public Records
Agents Affiliated with this Home
-
Jeremy Devine
-
Lisa Andre
Buyer's Agent in 2024
Lisa Andre
COLDWELL BANKER REALTY
(951) 217-2220
5 in this area
68 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV24003891
APN: 233-110-025
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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