NOT LISTED FOR SALE

Estimated Value: $532,572 - $1,396,000

5 Beds
3 Baths
1,469 Sq Ft
$560/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $463,000 $315 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,890/month

38 Days on Market

Highlights

  • No HOA
  • Garden
  • No Heating
  • Laundry Room
  • Paved or Partially Paved Lot
  • 1-Story Property

About This Home

As of November 2019

****** GREAT DUPLEX IN RIVERSIDE. ONE OF THE BEST LOCATION HAVE YOUR TENANTS WALK TO THE BANK, STORES, PARKS, SCHOOLS, BUS STATION. IDEAL FOR AN OWNER OCCUPANT WHO LIKES TO LIVE IN ONE AND COLLECT RENT ON 2ND UNIT. RECENTLY RENOVATED: NEWER KITCHEN CABINETS, GRANITE COUNTER. NEWLY BUILT FULL BATHROOM, FLOORING, PAINT. TILE FLOORS. MANY UPGRADES A MUST.... BEST PRICE VALUE IN RIVERSIDE FOR A DUPLEX ******

Last Agent to Sell the Property

Rene Alvarez

New York Realty Group License #01191602 Listed on: 09/21/2019

Last Buyer's Agent

KRISTINE BROWN

REALTY ONE GROUP TRILOGY License #01989887

REALTY ONE GROUP TRILOGY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,099

Year Built

  • Built in 1943

Lot Details

  • 6,970 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot
  • Garden
  • Front Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 1,469 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Carport
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, exterior maintenance, grounds care, gas, sewer, telephone, trash collection
  • Tax Lot 15
  • Assessor Parcel Number 191321013

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $685
  • Water Sewer Expense $540
  • New Taxes Expense $5,862
  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,099

Year Built

Built in 1943

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 540.00
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 191321013
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 315.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Carport, In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Paved
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Cable TV, Electricity, Exterior Maintenance, Grounds Care, Gas, Sewer, Telephone, Trash Collection

Multi Family

  • Gross Income: 33600.00
  • Gross Scheduled Income: 33600.00
  • Insurance Expense: 685.00
  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 2800.00

Tax Info

  • New Taxes Expense: 5862.00
  • Tax Census Tract: 316.02
  • Tax Lot: 15

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
$822,393

Purchase Details

Closed on
Jul 19, 2021
Sold by
Reinhardts Residences Llc
Bought by
Enciso German Andres

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
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

Listed on
Sep 21, 2019
Closed on
Jan 7, 2020
Sold by
Reinhardt Alan J
Bought by
Reinhardts Residences Llc
Seller's Agent
Rene Alvarez
New York Realty Group
Buyer's Agent
KRISTINE BROWN
REALTY ONE GROUP TRILOGY
List Price
$469,000
Sold Price
$463,000
Premium/Discount to List
-$6,000
-1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%

Purchase Details

Listed on
Sep 21, 2019
Closed on
Nov 5, 2019
Sold by
Bazan Rene Alvarez
Bought by
Reinhardt Alan J
Seller's Agent
Rene Alvarez
New York Realty Group
Buyer's Agent
KRISTINE BROWN
REALTY ONE GROUP TRILOGY
List Price
$469,000
Sold Price
$463,000
Premium/Discount to List
-$6,000
-1.28%

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

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:

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Average Value
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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
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 Bazan Rene Alvarez $315,000
Previous Owner Alvarez Rene $35,000
Previous Owner Alvarez Rene $145,000
Previous Owner Alvarez Rene $307,500
Previous Owner Alvarez Rene $88,000
Previous Owner Alvarez Rene $88,000
Previous Owner Lozano Seferino $132,866
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2019 11/27/19 Sold $463,000 -1.3% $315 / Sq Ft
09/21/2019 09/21/19 For Sale $469,000 -- $319 / 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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG19225845

California Regional Multiple Listing Service (CRMLS)

APN: 191-321-013