NOT LISTED FOR SALE

Estimated Value: $806,000 - $1,017,000

5 Beds
3 Baths
2,620 Sq Ft
$357/Sq Ft Est. Value

Last Sold February 06, 2018

Last sale price $599,000 $229 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,441/month

100 Days on Market

Highlights

  • City Lights View
  • Property is near park
  • Corner Lot
  • Craftsman Architecture
  • Main Floor Bedroom
  • Granite Countertops

About This Home

As of February 2018

GREAT INCOME PROPERTY......LIVE IN ONE UNIT AND RENT OUT THE OTHER TWO. LARGE 4 CAR GARAGE WITH ROOM TO BUILD A SEPARATE GRANNY FLAT ON PROPERTY. (PER SELLER, MUST VERIFY WITH CITY OF RIVERSIDE) ALL UNITS RECENTLY UPGRADED WITH NEW FLOORING AND DUAL PANE WINDOWS. ALL UNITS HAVE SEPARATE GAS METERS AND ELECTRIC METERS. SPACIOUS AND GRAND WRAP-AROUND PORCH WITH VIEWS OF MT RUBIDOUX AND DOWNTOWN FIREWORKS SHOWS. TWO BLOCKS FROM DOWNTOWN, RESTAURANTS AND CITY ACTIVITIES. GREAT LOCATION JUST A FEW FEET FROM THE NEW FOOD LAB AND FOX THEATER. NEW CITY LIBRARY TWO STREETS SOUTH. GREAT LOCATION AND GREAT PROPERTY.

Last Agent to Sell the Property

Karen Pinkham

WESTCOE REALTORS INC License #01422180 Listed on: 08/23/2017

WESTCOE REALTORS INC

Last Buyer's Agent

Raphael Ferrer

Luxre Realty, Inc. License #02035804

Luxre Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903 | Remodeled

Lot Details

  • 8,712 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Corner Lot
  • Level Lot
  • Front Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 4 Car Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage

Property Views

  • City Lights
  • Hills

Home Design

  • Triplex
  • Craftsman Architecture
  • Victorian Architecture
  • Turnkey
  • Additions or Alterations
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,620 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Family Room Off Kitchen
  • Living Room
  • Laminate Flooring

Kitchen

  • Open to Family Room
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms
  • Walk-in Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Wrap Around Porch
  • Patio
  • Exterior Lighting
  • Shed

Location

  • Property is near park

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 9041
  • Assessor Parcel Number 214202007

Property Details

Home Type

Multi-Family

Year Built

Built in 1903 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R3
  • Architectural Style: Craftsman, Victorian
  • Property Condition: Additions/Alterations, Repairs Cosmetic, Turnkey, Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 214202007
  • Year Built: 1903
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2620.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Family Kitchen
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 228.63
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Shed(s)
  • Exterior Features: Satellite Dish
  • View: City Lights, Hills
  • Patio And Porch Features: Covered, Porch, Wrap Around
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Uncovered, Garage, Garage Faces Rear
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Laundry: No
  • Appliances: Dishwasher, Disposal
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

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: Back Yard, Corner Lot, Front Yard, Landscaped, Lawn, Lot 6500-9999, Level, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 8712.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 3
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 303.00
  • Tax Lot: 12
  • Tax Tract Number: 009041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2022
Sold by
Ferrer Raphael
Bought by
Ferrer Raphael Trust
Current Estimated Value
$935,580

Purchase Details

Closed on
Feb 6, 2021
Sold by
Ferrer Raphael E and Perez Elsa
Bought by
Ferrer Raphael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,661
Interest Rate
2.6%
Mortgage Type
VA

Purchase Details

Closed on
Apr 24, 2018
Sold by
Ferrer Raphael E
Bought by
Ferrer Raphael E and Perez Elsa

Purchase Details

Listed on
Aug 23, 2017
Closed on
Jan 8, 2018
Sold by
Holmes Jason
Bought by
Ferrer Raphael E
Seller's Agent
Karen Pinkham
WESTCOE REALTORS INC
Buyer's Agent
Raphael Ferrer
Luxre Realty, Inc.
List Price
$599,500
Sold Price
$599,000
Premium/Discount to List
-$500
-0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$485,190
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Listed on
Oct 24, 2014
Closed on
Sep 3, 2015
Sold by
Holmes Feltina
Bought by
Holmes Jason
Seller's Agent
Evelia Franco
Evelia Franco, Broker
Buyer's Agent
Evelia Franco
Evelia Franco, Broker
List Price
$377,000
Sold Price
$347,000
Premium/Discount to List
-$30,000
-7.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.31%
Original Mortgage
$354,460
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 24, 2014
Closed on
Jul 15, 2015
Sold by
Martinez Alex and Martinez Mariana
Bought by
Holmes Jason
Seller's Agent
Evelia Franco
Evelia Franco, Broker
Buyer's Agent
Evelia Franco
Evelia Franco, Broker
List Price
$377,000
Sold Price
$347,000
Premium/Discount to List
-$30,000
-7.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,460
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 14, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Martinez Alex and Martinez Mariana

Purchase Details

Closed on
Apr 15, 2011
Sold by
Gmac Mortgage Llc
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Mar 24, 2011
Sold by
Mokri Behzad
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Mar 30, 2009
Sold by
Perez Carlota and Mokri Behzad
Bought by
Malfavon Vidal and Mokri Behzad

Purchase Details

Closed on
Mar 29, 2009
Sold by
Mokri Behzad
Bought by
Perez Carlota and Mokri Behzad

Purchase Details

Closed on
Oct 20, 2005
Sold by
Quattro D Llc
Bought by
Mokri Benzad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,250
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 22, 2005
Sold by
J F Davidson Investments Llc
Bought by
Quattro D Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2005
Sold by
Shamel Eileen D
Bought by
J F Davidson Investments Llc

Purchase Details

Closed on
Nov 16, 2001
Sold by
Davidson James F and Shamel Eileen D
Bought by
Shamel Eileen D

Purchase Details

Closed on
Oct 23, 2001
Sold by
Davidson James F and Shamel Eileen D
Bought by
Davidson James F and Shamel Eileen D
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
Ferrer Raphael Trust -- --
Ferrer Raphael E -- Pacific Coast Title
Ferrer Raphael E -- None Available
Ferrer Raphael E $599,000 Fidelity National Title Ie
Holmes Jason -- First American Title Company
Holmes Jason $347,000 First American Title Company
Martinez Alex $220,000 Ticor Title
Federal Home Loan Mortgage Corp -- Accommodation
Gmac Mortgage Llc $132,396 Accommodation
Malfavon Vidal -- Alliance Title
Perez Carlota -- Alliance Title
Mokri Benzad $395,000 Commonwealth Land Title Co
Quattro D Llc -- --
J F Davidson Investments Llc $141,500 --
Shamel Eileen D -- --
Shamel Eileen D -- --
Shamel Eileen D -- --
Davidson James F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferrer Raphael E $471,661
Previous Owner Ferrer Raphael E $485,190
Previous Owner Holmes Jason $354,460
Previous Owner Mokri Benzad $59,250
Previous Owner Mokri Benzad $296,250
Closed J F Davidson Investments Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2018 02/06/18 Sold $599,000 -0.1% $229 / Sq Ft
12/28/2017 12/28/17 For Sale $599,500 0.0% $229 / Sq Ft
12/01/2017 12/01/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $599,500 +72.8% $229 / Sq Ft
09/07/2015 09/07/15 Sold $347,000 +0.6% $177 / Sq Ft View Prior Sale
07/12/2015 07/12/15 Pending -- -- --
07/12/2015 07/12/15 Price Changed $345,000 +900.0% $176 / Sq Ft
07/10/2015 07/10/15 Price Changed $34,500 -90.3% $18 / Sq Ft
06/25/2015 06/25/15 Price Changed $357,000 +2.9% $182 / Sq Ft
06/18/2015 06/18/15 Price Changed $347,000 -2.8% $177 / Sq Ft
04/03/2015 04/03/15 Price Changed $357,000 -0.6% $182 / Sq Ft
02/06/2015 02/06/15 Price Changed $359,000 -4.8% $183 / Sq Ft
10/24/2014 10/24/14 For Sale $377,000 -- $192 / 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 $6,651 $613,880 $119,347 $494,533
2023 $6,651 $590,044 $114,713 $475,331
2022 $7,209 $642,247 $96,498 $545,749
2021 $7,106 $629,655 $94,606 $535,049
2020 $7,052 $623,199 $93,636 $529,563
2019 $6,919 $610,980 $91,800 $519,180
2018 $4,121 $361,018 $93,636 $267,382
2017 $4,048 $353,940 $91,800 $262,140
2016 $3,789 $347,000 $90,000 $257,000
2015 $2,539 $229,919 $52,253 $177,666
2014 $8,050 $225,418 $51,231 $174,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV17196416

California Regional Multiple Listing Service (CRMLS)

APN: 214-202-007