NOT LISTED FOR SALE

3859 Everest Ave Riverside, CA 92503

Arlington Neighborhood

Estimated Value: $654,000 - $951,000

5 Beds
2 Baths
2,600 Sq Ft
$296/Sq Ft Est. Value

Last Sold September 30, 2018

Last sale price $480,000 $185 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,487/month

51 Days on Market

Highlights

  • No HOA
  • 1 Car Garage
  • 1-Story Property
  • Laundry Room
  • No Heating

About This Home

As of September 2018

Incredible Investment Property in Riverside! Charming duplex, perfect for an investor to lease out both units or to live in one unit and rent the other. Front unit is 1000 sqft with 2 bedrooms and 1 bathroom. Rear unit is 1600 sqft with 3 bedrooms, 1 bathroom and the 1 car garage.

Last Agent to Sell the Property

Briana Price

PRICE REAL ESTATE GROUP INC License #01849530 Listed on: 06/22/2018

Last Buyer's Agent

Mariana Lopez

Realty One Group Empire License #01922474

Realty One Group Empire

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 6,534 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Duplex

Interior Spaces

  • 2,600 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Tax Lot 28
  • Tax Tract Number 316
  • Assessor Parcel Number 191332029

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $720
  • Insurance Expense $1,032
  • Trash Expense $600
  • Water Sewer Expense $504
  • New Taxes Expense $5,000
  • Operating Expense $7,856
  • Gross Income $29,940

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 504.00
  • Zoning: R2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 191332029
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 184.62
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Concrete, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Available, Water Connected
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6534.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Average1 Bed Area: 1000
  • Average2 Bed Area: 1500
  • Electric Expense: 720.00
  • Gross Income: 29940.00
  • Gross Scheduled Income: 29940.00
  • Insurance Expense: 1032.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 7856.00

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Census Tract: 316.02
  • Tax Lot: 28
  • Tax Tract Number: 316.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2025
Sold by
Ramirez Elfego
Bought by
Lopez Elizabeth
Current Estimated Value
$769,973

Purchase Details

Listed on
Jun 22, 2018
Closed on
Aug 9, 2018
Sold by
Panzone Mark Clair and Panzone Sheila Nanette
Bought by
Ramirez Elfego and Lopez Elizabeth
Seller's Agent
Briana Price
PRICE REAL ESTATE GROUP INC
Buyer's Agent
Mariana Lopez
Realty One Group Empire
List Price
$479,950
Sold Price
$480,000
Premium/Discount to List
$50
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$476,215
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 31, 1997
Sold by
Panzone Mark C and Panzone Sheila N
Bought by
Panzone Mark Clair and Panzone Sheila Nanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
7.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 1995
Sold by
Panzone Mark Clair and Panzone Sheila N
Bought by
Panzone Mark Clair and Panzone Sheila Nanette
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lopez Elizabeth -- None Listed On Document
Ramirez Elfego $485,000 First American Title Company
Panzone Mark Clair -- First American Title Ins Co
Panzone Mark Clair -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Elfego $476,215
Previous Owner Panzone Mark Clair $46,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2018 09/30/18 Sold $480,000 0.0% $185 / Sq Ft
08/12/2018 08/12/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $479,950 -- $185 / 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 $5,869 $541,023 $133,860 $407,163
2023 $5,869 $520,016 $128,663 $391,353
2022 $5,736 $509,821 $126,141 $383,680
2021 $5,658 $499,825 $123,668 $376,157
2020 $5,615 $494,700 $122,400 $372,300
2019 $5,509 $485,000 $120,000 $365,000
2018 $1,671 $142,005 $45,086 $96,919
2017 $1,642 $139,221 $44,202 $95,019
2016 $1,540 $136,492 $43,336 $93,156
2015 $1,518 $134,443 $42,686 $91,757
2014 $1,503 $131,810 $41,850 $89,960
Source: Public Records

Agents Affiliated with this Home

  • Briana Price

    Seller's Agent in 2018

    Briana Price

    PRICE REAL ESTATE GROUP INC

    (909) 957-9288

    358 Total Sales

    Briana Price
    Section Image

  • M

    Buyer's Agent in 2018

    Mariana Lopez

    Realty One Group Empire

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18149676

California Regional Multiple Listing Service (CRMLS)

APN: 191-332-029

California Riverside County Riverside 92503 Arlington

3859 Everest Ave, Riverside, CA

Not Listed for Sale

MultiFamily

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