NOT LISTED FOR SALE

3861 Taft St Riverside, CA 92503

Arlington Neighborhood

Estimated Value: $630,000 - $918,000

8 Beds
4 Baths
-- Sq Ft
8,621 Sq Ft Lot

Last Sold September 04, 2012

Last sale price $87,000

Est. 733% increase in value since last sale

Current estimated payment $4,008/month

117 Days on Market

About This Home

As of September 2012

Tax records state 4 units, but per city code officers and building and planning units are not legal. Existing in main house there are 3 units, downstairs has 2 bedrooms, 2 bath, fireplace in living room and laundry room off of kitchen. Upstairs there are 2 units each with 2 bedrooms and 1 bath. The single story building which is built on the property line and must be removed is a 2 bedroom and 1 bath. The city says must be made back to a SFR with a garage or carport. Buyer to due their due diligence on this property

Last Agent to Sell the Property

CAROLYN HART

MICHAEL S WILLIAMS, BROKER License #00859141 Listed on: 04/04/2012

Last Buyer's Agent

CAROLYN HART

MICHAEL S WILLIAMS, BROKER License #00859141 Listed on: 04/04/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 8,621 Sq Ft Lot

Parking

  • 2 Parking Spaces

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 145302008

Community Details

Overview

  • 2 Buildings

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 145302008
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Total Parking Spaces: 2.00

Lot Info

  • Lot Size Sq Ft: 8621.00
  • Lot Size Acres: 0.1980

Multi Family

  • Lot Size Area: 8621.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Rent Control: No

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 99999
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2012
Closed on
Aug 17, 2012
Sold by
The Bank Of New York Mellon
Bought by
Yieo Joseph
Seller's Agent
CAROLYN HART
MICHAEL S WILLIAMS, BROKER
Buyer's Agent
CAROLYN HART
MICHAEL S WILLIAMS, BROKER
List Price
$169,900
Sold Price
$87,000
Premium/Discount to List
-$82,900
-48.79%
Current Estimated Value
$724,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$637,420
Avg. Annual Appreciation
17.22%
Original Mortgage
$144,400
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 2012
Sold by
Kooiman Kurtis and Thomas Chet
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Aug 31, 2006
Sold by
Kooiman Kurtis
Bought by
Kooiman Kurtis J

Purchase Details

Closed on
Mar 15, 2004
Sold by
Quadrant Investments Llc
Bought by
Kooiman Kurtis and Thoams Chet

Purchase Details

Closed on
Jul 7, 2003
Sold by
Namdarkhan Mahrokh
Bought by
Kooiman Kurtis and Thomas Chet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 2003
Sold by
Thomas Lori
Bought by
Thomas Chet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 2002
Sold by
Namdarkhan Akbar
Bought by
Namdarkhan Mahrokh

Purchase Details

Closed on
Jan 10, 2002
Sold by
Hud
Bought by
Namdarkhan Mahrokh

Purchase Details

Closed on
Mar 26, 2001
Sold by
Aurora Loan Services Inc
Bought by
Hud

Purchase Details

Closed on
Dec 28, 2000
Sold by
Malpica Ida and Sanchez Javier
Bought by
Aurora Loan Services Inc

Purchase Details

Closed on
Mar 20, 2000
Sold by
Sanchez Javier
Bought by
Malpica Ida J

Purchase Details

Closed on
Aug 22, 1996
Sold by
Dorin Comarzan and Dorin Florica Comarzan
Bought by
Malpica Ida and Sanchez Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,894
Interest Rate
8.14%
Mortgage Type
FHA
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
Yieo Joseph $87,500 Servicelink
The Bank Of New York Mellon $191,250 Landsafe Title
Kooiman Kurtis J -- None Available
Kooiman Kurtis -- --
Kooiman Kurtis $182,500 Ticor Title Company
Thomas Chet -- Ticor
Quadrant Investments Llc -- --
Namdarkhan Mahrokh -- First American Title Co
Namdarkhan Mahrokh $130,500 First American Title Co
Hud -- American Title
Aurora Loan Services Inc $163,074 American Title
Malpica Ida J -- --
Malpica Ida $145,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Yieo Joseph $144,400
Previous Owner Thomas Chet $251,250
Previous Owner Malpica Ida $142,894
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2012 09/04/12 Sold $87,000 -48.8% --
07/30/2012 07/30/12 Pending -- -- --
04/04/2012 04/04/12 For Sale $169,900 -- --
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 $2,635 $231,319 $73,878 $157,441
2023 $2,635 $222,338 $71,010 $151,328
2022 $2,578 $217,979 $69,618 $148,361
2021 $2,555 $213,705 $68,253 $145,452
2020 $2,537 $211,515 $67,554 $143,961
2019 $1,252 $96,584 $66,230 $30,354
2018 $1,355 $105,891 $64,932 $40,959
2017 $1,211 $92,835 $63,659 $29,176
2016 $1,152 $91,015 $62,411 $28,604
2015 $1,135 $89,650 $61,475 $28,175
2014 $1,124 $87,896 $60,272 $27,624
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    CAROLYN HART

    MICHAEL S WILLIAMS, BROKER

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I12089343

California Regional Multiple Listing Service (CRMLS)

APN: 145-302-008

California Riverside County Riverside 92503 Arlington

3861 Taft St, Riverside, CA

Not Listed for Sale

MultiFamily

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