NOT LISTED FOR SALE

3860 Stotts St Riverside, CA 92503

Arlington Neighborhood

Estimated Value: $530,000 - $770,000

4 Beds
2 Baths
2,457 Sq Ft
$251/Sq Ft Est. Value

Last Sold July 09, 2015

Last sale price $300,000 $122 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,545/month

175 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Cooling System Mounted To A Wall/Window
  • Carpet
  • No HOA
  • Laundry Room

About This Home

As of July 2015

Duplex. Quiet neighborhood. Front house- 3 bedroom, 1 bath. Back house- 1 bedroom, 1 bath. Extra Large Double Garage. Exterior of both house have recently been painted (November 2014). New siding and sod installed. Back house- bathroom recently upgraded (November 2014).

Last Agent to Sell the Property

Kathy Cruz

Kathy Cruz, Broker License #01820608 Listed on: 05/05/2015

Last Buyer's Agent

Kristi Johnson

SRC Realty License #01868162

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 6,376 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 2,457 Sq Ft Home
  • Electric Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 7
  • Assessor Parcel Number 191332017

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,116
  • Insurance Expense $25
  • Trash Expense $480
  • Water Sewer Expense $480
  • New Taxes Expense $2,600
  • Gross Income $26,400
  • Net Operating Income $21,699

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 480.00
  • Property Type: Residential Income
  • Parcel Number: 191332017
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Vinyl
  • Fireplace Features: Dining Room, Kitchen, Living Room, Master Bedroom, Electric, Gas
  • Price Per Square Foot: 122.10

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Sewer: Sewer Paid
  • Trash Expense: 480.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6376.00
  • Price Per Lot Square Foot: 47.05
  • Lot Size Acres: 0.1460

Multi Family

  • Electric Expense: 1116.00
  • Gross Income: 26400.00
  • Gross Scheduled Income: 26400.00
  • Insurance Expense: 25.00
  • Lot Size Area: 6376.0000 Square Feet
  • Net Operating Income: 21699.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 4701.00
  • Rent Control: No
  • Total Actual Rent: 2200.00

Tax Info

  • New Taxes Expense: 2600.00
  • Tax Lot: 21
  • Tax Tract Number: 7/59
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2015
Closed on
Jun 8, 2015
Sold by
Alfieri Christopher Jon
Bought by
Barron Felipe
Seller's Agent
Kathy Cruz
Kathy Cruz, Broker
Buyer's Agent
Kristi Johnson
SRC Realty
List Price
$349,000
Sold Price
$300,000
Premium/Discount to List
-$49,000
-14.04%
Current Estimated Value
$616,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,206
Avg. Annual Appreciation
7.10%
Original Mortgage
$294,566
Outstanding Balance
$228,799
Interest Rate
3.83%
Mortgage Type
FHA
Estimated Equity
$387,407

Purchase Details

Closed on
Jun 29, 2010
Sold by
Lomeli Ezequiel
Bought by
Alfieri Christopher Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 2006
Sold by
Askew Marvin Keith and Askew Eula Fay
Bought by
Johnson Sarat O and Johnson Tomilola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,250
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 17, 2006
Sold by
Johnson Sarat O and Johnson Tomilola
Bought by
Lomeli Ezequiel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2006
Sold by
Askew Marvin Keith and Askew Eula Fay
Bought by
3860 Stotts Street Trust

Purchase Details

Closed on
Mar 17, 2004
Sold by
Askew Marvin Keith and Askew Eula Fay
Bought by
Johnson Sarat O and Johnson Tomilola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 25, 2003
Sold by
Askew Marvin K and Askew Eula F
Bought by
Askew Marvin Keith and Askew Eula Fay
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barron Felipe $300,000 Lawyers Title
Alfieri Christopher Jon $220,000 Chicago Title Company
Lomeli Ezequiel -- Chicago Title Co
Johnson Sarat O -- Fidelity National Title Co
Lomeli Ezequiel $525,000 Fidelity National Title Co
3860 Stotts Street Trust -- None Available
Johnson Sarat O $290,000 United Title Company
Askew Marvin Keith -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barron Felipe $294,566
Previous Owner Alfieri Christopher Jon $165,000
Previous Owner Johnson Sarat O $26,250
Previous Owner Lomeli Ezequiel $393,750
Previous Owner Johnson Sarat O $170,000
Closed Johnson Sarat O $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2015 07/09/15 Sold $300,000 -14.0% $122 / Sq Ft
06/03/2015 06/03/15 Pending -- -- --
12/10/2014 12/10/14 For Sale $349,000 -- $142 / 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 $3,910 $355,132 $165,728 $189,404
2023 $3,910 $341,344 $159,294 $182,050
2022 $3,821 $334,652 $156,171 $178,481
2021 $3,776 $328,091 $153,109 $174,982
2020 $3,754 $324,728 $151,540 $173,188
2019 $3,685 $318,362 $148,569 $169,793
2018 $3,614 $312,120 $145,656 $166,464
2017 $3,550 $306,000 $142,800 $163,200
2016 $3,330 $300,000 $140,000 $160,000
2015 $2,586 $223,403 $159,899 $63,504
2014 $2,680 $229,926 $156,768 $73,158
Source: Public Records

Agents Affiliated with this Home

  • Kathy Cruz

    Seller's Agent in 2015

    Kathy Cruz

    Kathy Cruz, Broker

    (714) 767-1274

    29 Total Sales

    Kathy Cruz
    Section Image

  • K

    Buyer's Agent in 2015

    Kristi Johnson

    SRC Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14256414

California Regional Multiple Listing Service (CRMLS)

APN: 191-332-017

California Riverside County Riverside 92503 Arlington

3860 Stotts St, Riverside, CA

Not Listed for Sale

MultiFamily

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