NOT LISTED FOR SALE

3906 Everest Ave Riverside, CA 92503

Arlington Neighborhood

Estimated Value: $521,578 - $963,000

5 Beds
3 Baths
1,324 Sq Ft
$575/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $530,000 $400 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,403/month

4 Days on Market

Highlights

  • No HOA
  • Tile Countertops
  • No Interior Steps
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Tile Flooring

About This Home

As of August 2021

If you are looking for a charming duplex, centrally located, well maintained and with established tenants who pay on time - this is the one! Featuring two attached units and a detached garage space, with plenty of parking for all. The first unit features two bedrooms, one bath, tile flooring throughout, kitchen with freestanding range, living and dining area, tub/shower combo, private patio space, outdoor storage area and private laundry area. The second unit features three bedrooms, one bath, tile floors throughout, a recently remodeled kitchen, newer windows, freestanding range with mounted microwave, tub/shower combo, private patio space, outdoor storage area and private laundry area. The third unit is a studio apartment with its own bathroom, kitchenette, attached laundry area. Centrally located near shopping, schools, parks, public transportation, local eateries and more. Situated in a well established neighborhood.

Last Agent to Sell the Property

Nathaniel Devlin

DEVLIN REALTY License #01957589 Listed on: 07/06/2021

Last Buyer's Agent

Joseph Orozco Jr.

Keller Williams Realty License #01305877

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 6,970 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Fence is in average condition
  • Rectangular Lot

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,324 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector
  • Tile Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Available
  • Gravel Driveway
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Water Heater

Additional Features

  • No Interior Steps
  • Urban Location

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 15
  • Tax Tract Number 9
  • Assessor Parcel Number 191321013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $360
  • Water Sewer Expense $360
  • Operating Expense $2,220
  • Net Operating Income $42,161

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 360.00
  • Zoning: R2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 191321013
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Stone Counters, Tile Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 400.30

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Gravel, On Site
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Appliances: Water Heater
  • Laundry Features: Gas Dryer Hookup, In Closet, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 47400.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 42161.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 5238.06
  • Rent Control: Yes
  • Total Actual Rent: 3950.00
  • Total Expenses: 2220.00

Tax Info

  • Tax Census Tract: 316.02
  • Tax Lot: 15
  • Tax Tract Number: 009...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2023
Sold by
Enciso German Andres
Bought by
Bougainvillea Real Estate
Current Estimated Value
$743,378

Purchase Details

Listed on
Jul 6, 2021
Closed on
Jul 19, 2021
Sold by
Reinhardts Residences Llc
Bought by
Enciso German Andres
Seller's Agent
Nathaniel Devlin
DEVLIN REALTY
Buyer's Agent
Joseph Orozco Jr.
Keller Williams Realty
List Price
$495,000
Sold Price
$530,000
Premium/Discount to List
$35,000
7.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$393,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2021
Sold by
Reinhardt Alan
Bought by
Reinhardts Residences Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2021
Sold by
Reinhardts Residences Llc
Bought by
Reinhardt Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2020
Sold by
Reinhardt Alan J
Bought by
Reinhardts Residences Llc

Purchase Details

Closed on
Nov 5, 2019
Sold by
Bazan Rene Alvarez
Bought by
Reinhardt Alan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,800
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2018
Sold by
Bazan Rene Alvarez
Bought by
Bazan Rene Alvarez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,400
Interest Rate
4.15%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 13, 2016
Sold by
Alvarez Bazan Rene and Alvarez Rene
Bought by
Alvarez Bazan Rene

Purchase Details

Closed on
May 24, 2000
Sold by
Delasancha Monica
Bought by
Alvarez Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
8.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 24, 2000
Sold by
Sec Hud
Bought by
Alvarez Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
8.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 14, 1998
Sold by
Ge Capital Mtg Services Inc
Bought by
Hud

Purchase Details

Closed on
Jan 21, 1994
Sold by
Lozano Seferino and Hernandez Eloy
Bought by
Lozano Seferino and Lozano Magdalena O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,866
Interest Rate
6.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bougainvillea Real Estate -- Lawyers Title
Enciso German Andres $530,000 Ticor Title Company
Reinhardts Residences Llc -- Elevated Escrow Services Inc
Reinhardt Alan -- Ticor Title Riverside
Reinhardts Residences Llc -- None Available
Reinhardt Alan J $461,000 Pacific Coast Title Company
Bazan Rene Alvarez -- Pacific Coast Title Company
Alvarez Bazan Rene -- Pacific Coast Title Company
Bazan Rene Alvarez -- Pacific Coast Title Company
Alvarez Rene -- Orange Coast Title Co
Alvarez Rene $110,000 Orange Coast Title Co
Hud -- --
Ge Capital Mtg Servicesinc $149,214 First American Title Ins Co
Lozano Seferino -- Quality Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Enciso German Andres $393,750
Previous Owner Reinhardt Alan $356,250
Previous Owner Reinhardt Alan J $368,800
Previous Owner Bazan Rene Alvarez $410,400
Previous Owner Alvarez Rene $88,000
Previous Owner Lozano Seferino $132,866
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2021 08/20/21 Sold $530,000 0.0% $400 / Sq Ft
07/11/2021 07/11/21 Pending -- -- --
07/09/2021 07/09/21 Off Market $530,000 -- --
07/06/2021 07/06/21 For Sale $495,000 -- $374 / 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 $6,099 $562,440 $143,263 $419,177
2023 $6,099 $540,600 $137,700 $402,900
2022 $5,960 $530,000 $135,000 $395,000
2021 $5,278 $465,775 $90,932 $374,843
2020 $5,238 $461,000 $90,000 $371,000
2019 $1,745 $148,564 $47,265 $101,299
2018 $1,712 $145,652 $46,339 $99,313
2017 $1,682 $142,797 $45,431 $97,366
2016 $1,577 $139,998 $44,541 $95,457
2015 $1,555 $137,897 $43,873 $94,024
2014 $1,540 $135,197 $43,014 $92,183
Source: Public Records

Agents Affiliated with this Home

  • Nathaniel Devlin

    Seller's Agent in 2021

    Nathaniel Devlin

    DEVLIN REALTY

    (951) 800-3972

    2 in this area

    57 Total Sales

    Nathaniel Devlin
    Section Image
  • Joseph Orozco Jr.

    Buyer's Agent in 2021

    Joseph Orozco Jr.

    Keller Williams Realty

    (949) 485-9427

    1 in this area

    27 Total Sales

    Joseph Orozco Jr.
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21142055

California Regional Multiple Listing Service (CRMLS)

APN: 191-321-013

California Riverside County Riverside 92503 Arlington

3906 Everest Ave, Riverside, CA

Not Listed for Sale

MultiFamily

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.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes