NOT LISTED FOR SALE

38865 Cherry Valley Blvd Cherry Valley, CA 92223

Estimated Value: $416,000 - $595,065

2 Beds
2 Baths
895 Sq Ft
$586/Sq Ft Est. Value

Last Sold October 12, 2016

Last sale price $300,000 $335 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,106/month

145 Days on Market

Highlights

  • 4.86 Acre Lot
  • No HOA
  • Central Air
  • Brookside Elementary School Rated 9+
  • Horse Trails

About This Home

As of October 2016

4.86 Acres with small home on premises. General Plan is Commercial Retail with the County of Riverside. Zoning is general commercial and residential/agricultural.

3000 gal water tank on site (direct from the main line) - delicious organic strawberries on site with triple drip line irrigation (2 acres) - In season there is a stand that is selling approx $250 a day (during the week) and $400 a day (weekends). Seller does not guarantee profits or production

Cross streets are Cherry Valley and Beaumont Ave.

Last Agent to Sell the Property

Debbie Hanna

DEBRA HANNA BROKER License #01473392 Listed on: 05/04/2016

Last Buyer's Agent

Scott Stockdale

UNIVERSITY REALTY INC. License #01045439

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,168

Year Built

  • Built in 1920

Lot Details

  • 4.86

Home Design

  • 895 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Conventional Septic

Additional Features

  • 4.86 Acre Lot
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 405200012

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,168

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 405200012
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 895.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 335.20

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 211702.00
  • Price Per Lot Square Foot: 1.55
  • Lot Size Acres: 4.8600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 211702.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2019
Sold by
Rezkalla Madgi and Rezkalla Carol E
Bought by
Valadez Alejandro A Chavez
Current Estimated Value
$524,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,850
Outstanding Balance
$185,591
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$338,925

Purchase Details

Listed on
May 4, 2016
Closed on
Aug 30, 2016
Sold by
Tabitha Max Blueberry Farm Llc
Bought by
Rezkalla Magdi and Rezkalla Carol E
Seller's Agent
Debbie Hanna
DEBRA HANNA BROKER
Buyer's Agent
Scott Stockdale
UNIVERSITY REALTY INC.
List Price
$349,000
Sold Price
$300,000
Premium/Discount to List
-$49,000
-14.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$232,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2009
Sold by
Oh Kyu and Oh Cynthia
Bought by
Tabitha Max Blueberry Farm Llc

Purchase Details

Closed on
Jul 31, 2008
Sold by
Oh Kyu and Oh Cynthia
Bought by
Tabitha Max Blueberry Farm Llc

Purchase Details

Closed on
May 15, 2008
Sold by
Kwun Young
Bought by
Oh Kyu and Oh Cynthia

Purchase Details

Closed on
Mar 22, 2005
Sold by
Messrah Helen and Heinrich Ernie
Bought by
Kwun Young Oh and Oh Kyu

Purchase Details

Closed on
Dec 20, 2004
Sold by
Messrah Helen and Heinrich Ernie
Bought by
Messrah Helen and Heinrich Ernst Heinrich

Purchase Details

Closed on
Oct 3, 1995
Sold by
Heinrich Michael and Heinrich Elizabeth
Bought by
Heinrich Michael and Heinrich Elizabeth
Source: Public Records

Range of Values:

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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
Valadez Alejandro A Chavez $223,000 Orange Coast Title Company
Rezkalla Magdi $290,000 North American Title Co Inc
Tabitha Max Blueberry Farm Llc -- None Available
Tabitha Max Blueberry Farm Llc -- None Available
Oh Kyu -- None Available
Kwun Young Oh $685,000 United Title Company
Messrah Helen -- --
Heinrich Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valadez Alejandro A Chavez $211,850
Previous Owner Rezkalla Magdi $232,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2016 10/12/16 Sold $300,000 -8.8% $335 / Sq Ft
05/26/2016 05/26/16 Price Changed $329,000 -5.7% $368 / Sq Ft
05/04/2016 05/04/16 For Sale $349,000 0.0% $390 / Sq Ft
04/11/2016 04/11/16 For Sale $349,000 +16.3% $390 / Sq Ft
03/31/2016 03/31/16 Off Market $300,000 -- --
02/19/2016 02/19/16 Pending -- -- --
09/27/2015 09/27/15 For Sale $349,000 -- $390 / 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 $4,168 $322,620 $257,004 $65,616
2023 $4,168 $310,094 $247,025 $63,069
2022 $4,104 $304,015 $242,182 $61,833
2021 $4,026 $298,055 $237,434 $60,621
2020 $3,985 $295,000 $235,000 $60,000
2019 $4,090 $301,716 $208,080 $93,636
2018 $4,074 $295,800 $204,000 $91,800
2017 $4,011 $290,000 $200,000 $90,000
2016 $3,738 $271,945 $195,802 $76,143
2015 $2,867 $208,000 $150,000 $58,000
2014 $2,608 $185,000 $133,000 $52,000
Source: Public Records

Agents Affiliated with this Home

  • Debbie Hanna

    Seller's Agent in 2016

    Debbie Hanna

    DEBRA HANNA BROKER

    (909) 528-2512

    29 Total Sales

    Debbie Hanna
    Section Image
  • Scott Stockdale

    Buyer's Agent in 2016

    Scott Stockdale

    UNIVERSITY REALTY INC.

    (909) 796-0156

    56 Total Sales

    Scott Stockdale
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV15212812

California Regional Multiple Listing Service (CRMLS)

APN: 405-200-012

California Riverside County Cherry Valley 92223

38865 Cherry Valley Blvd, Cherry Valley, CA

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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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