E
Seller's Agent in 2023
ETAF ABDELWAHAB
Realty Masters & Associates
3867 5th St Riverside, CA 92501
Downtown Riverside NeighborhoodEstimated Value: $750,000 - $892,436
4
Beds
3
Baths
1,600
Sq Ft
$498/Sq Ft
Est. Value
Highlights
- Fireplace in Kitchen
- No HOA
- Laundry Room
- Polytechnic High School Rated A-
- Park
- Central Heating
About This Home
As of October 2023Don’t miss the opportunity to own this beautiful triplex in the heart of the downtown Riverside area. Enjoy the three units to their fullest extent as they each have their own separate addresses. Both main units include 2 bedrooms and 1 bathroom, newly renovated flooring and kitchen spaces with stove and fridge included. The third unit is a freshly built studio ADU that fully permitted , containing a beautiful layout and includes a stove and fridge. The property includes a laundry area with a washer and dryer which is a shared space intended for all three units. Within walking distance to a variety of restaurants, shopping areas, Convention Center, social events, Food lab, Hotels and much more. This property boasts an incredible location with easy access to all highways. This property is also near many well-known colleges in the area, Buyer agent to perform all inspections to satisfy any concerns. With the location, property value, and space to add more units – this is an investment opportunity you absolutely cannot miss.
Last Agent to Sell the Property
ETAF ABDELWAHAB
Realty Masters & Associates License #02084160 Listed on: 03/08/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,171
Year Built
- Built in 1915
Lot Details
- 7,841 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 1,600 Sq Ft Home
- 2-Story Property
- Dining Room with Fireplace
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
- Dryer
- Washer
Utilities
- Central Heating
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities, cable TV, electricity, grounds care, gas
- Legal Lot and Block 5 / 4
- Tax Tract Number 303
- Assessor Parcel Number 213103008
- $107 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Amenities
- Laundry Facilities
Recreation
- Park
Building Details
- 3 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $900
- Maintenance Expense $500
- Professional Management Expense $300
- Operating Expense $9,600
- Gross Income $64,800
- Net Operating Income $64,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 11, 2021
Closed on
Jul 8, 2021
Sold by
Al Jashammi Mays
Bought by
Hasan Qahtan
Seller's Agent
Ryan McKee
ELEVATE REAL ESTATE AGENCY
Buyer's Agent
ETAF ABDELWAHAB
Realty Masters & Associates
List Price
$499,900
Sold Price
$512,000
Premium/Discount to List
$12,100
2.42%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,859
Avg. Annual Appreciation
11.16%
Purchase Details
Closed on
Apr 12, 2021
Sold by
Pfau Daniel Frank
Bought by
Hasan Qahtan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 21, 2013
Closed on
May 7, 2013
Sold by
Utopia Investments
Bought by
Pfau Daniel Frank
Seller's Agent
Daniel Maret
Utopia Properties
Buyer's Agent
Arash Ghods
Envision Properties
List Price
$239,900
Sold Price
$240,000
Premium/Discount to List
$100
0.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%
Original Mortgage
$235,653
Interest Rate
3.5%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 17, 2012
Sold by
Hildebrandt Barry A
Bought by
Utopia Investments
Purchase Details
Closed on
Jan 8, 2002
Sold by
Patel Nanu D
Bought by
Patel Jasu
Purchase Details
Closed on
Sep 30, 1997
Sold by
Harding R Michael
Bought by
Harding R Michael
Purchase Details
Closed on
Aug 26, 1996
Sold by
Harding Drew F
Bought by
Harding Drew F
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 |
|---|---|---|---|
| Hasan Qahtan | -- | Ticor Title Company | |
| Hasan Qahtan | $500,000 | Ticor Title Riverside | |
| Pfau Daniel Frank | $240,000 | Netco Title Company | |
| Utopia Investments | -- | None Available | |
| Patel Jasu | -- | Stewart Title | |
| Harding R Michael | -- | -- | |
| Harding Drew F | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hasan Qahtan | $408,000 | |
| Previous Owner | Pfau Daniel Frank | $235,653 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2023 10/30/23 | Sold | $830,000 | -7.5% | $519 / Sq Ft |
| 08/16/2023 08/16/23 | Pending | -- | -- | -- |
| 06/13/2023 06/13/23 | Price Changed | $897,000 | -25.3% | $561 / Sq Ft |
| 03/08/2023 03/08/23 | For Sale | $1,200,000 | +134.4% | $750 / Sq Ft |
| 07/15/2021 07/15/21 | Sold | $512,000 | +2.4% | $391 / Sq Ft |
| 06/24/2021 06/24/21 | Pending | -- | -- | -- |
| 06/10/2021 06/10/21 | For Sale | $499,900 | 0.0% | $382 / Sq Ft |
| 05/13/2021 05/13/21 | Pending | -- | -- | -- |
| 05/11/2021 05/11/21 | For Sale | $499,900 | +108.3% | $382 / Sq Ft |
| 05/15/2013 05/15/13 | Sold | $240,000 | 0.0% | $183 / Sq Ft |
| 04/10/2013 04/10/13 | Pending | -- | -- | -- |
| 03/21/2013 03/21/13 | For Sale | $239,900 | -- | $183 / 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 | $9,171 | $846,599 | $253,981 | $592,618 |
| 2023 | $9,171 | $522,240 | $130,560 | $391,680 |
| 2022 | $5,784 | $512,000 | $128,000 | $384,000 |
| 2021 | $3,152 | $273,024 | $68,253 | $204,771 |
| 2020 | $3,129 | $270,226 | $67,554 | $202,672 |
| 2019 | $3,071 | $264,929 | $66,230 | $198,699 |
| 2018 | $3,012 | $259,735 | $64,932 | $194,803 |
| 2017 | $3,290 | $254,643 | $63,659 | $190,984 |
| 2016 | $2,993 | $249,651 | $62,411 | $187,240 |
| 2015 | $2,734 | $245,904 | $61,475 | $184,429 |
| 2014 | $2,708 | $241,089 | $60,272 | $180,817 |
Source: Public Records
Agents Affiliated with this Home
-
-
Mercurios (Mark) Hanna
M
Buyer's Agent in 2023
Mercurios (Mark) Hanna
eXp Realty of California, Inc
(310) 293-4232
1 in this area
12 Total Sales
-
Ryan McKee
Seller's Agent in 2021
Ryan McKee
ELEVATE REAL ESTATE AGENCY
(951) 280-9832
8 in this area
397 Total Sales
-
D
Seller's Agent in 2013
Daniel Maret
Utopia Properties
-
A
Buyer's Agent in 2013
Arash Ghods
Envision Properties
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV23039200
APN: 213-103-008
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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