NOT LISTED FOR SALE

Estimated Value: $534,000 - $1,430,651

5 Beds
2 Baths
1,764 Sq Ft
$461/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $420,000 $238 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $4,691/month

26 Days on Market

Highlights

  • Property is near park and public transit
  • Wood Flooring
  • Private Yard
  • Traditional Architecture
  • Corner Lot
  • No HOA

About This Home

As of May 2017

Great 2 on lot nestled in a quiet Riverside neighborhood. Both units offer a fresh coat of paint in and out, fenced yards with lush lawns, rich flooring throughout the living areas, and ceiling fans in all bedrooms. In each unit, the living room opens to the kitchen, updated with quartz counters, new stainless steel appliances, and white panel cabinets! Unit 3915 is on the corner of Eucalyptus and 9th St and has 3 bedrooms, 2 bathrooms, and an attached 1 car garage. Stained original wood flooring runs through the living room and bedrooms, and large windows flood the space with natural light! Unit 3941 has 2 bedrooms with plush carpeting and 1 full bathroom with a lovely tile surround. Close to local schools, several eateries, Downtown Riverside, and has quick freeway access as well. Don’t miss this fantastic duplex – just the investment opportunity you’ve been looking for!

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 03/31/2017

Last Buyer's Agent

Lily Ren

Centaline Investment Inc License #01975449

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 130x93x35x47x95x50
  • No Common Walls
  • East Facing Home
  • Wrought Iron Fence
  • Wood Fence
  • Chain Link Fence
  • Corner Lot
  • Irregular Lot
  • Front Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 1 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,764 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Mirrored Closets Doors
  • 2 Bathrooms

Additional Features

  • Two Homes on a Lot
  • Property is near park and public transit
  • No Heating

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Tax Lot 60
  • Assessor Parcel Number 221023001

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1952 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Zoning: R2
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 221023001
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile, Wood
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s)
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 238.10
  • Room Type: All Bedrooms Down, Galley Kitchen, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Direction Faces: East
  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Chain Link, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Lawn, Lot 6500-9999, Irregular Lot, Near Public Transit, Park Nearby, Sprinkler System, Sprinklers In Front, Yard
  • Lot Size: 130x93x35x47x95x50
  • Lot Size Sq Ft: 7841.00

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 305.02
  • Tax Lot: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2017
Closed on
May 17, 2017
Sold by
Hollyvale Rental Holdings Llc
Bought by
Zhang Wendy
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Lily Ren
Centaline Investment Inc
List Price
$439,900
Sold Price
$420,000
Premium/Discount to List
-$19,900
-4.52%
Current Estimated Value
$813,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,163
Avg. Annual Appreciation
7.97%
Original Mortgage
$315,000
Outstanding Balance
$261,818
Interest Rate
4.08%
Mortgage Type
Commercial
Estimated Equity
$551,345

Purchase Details

Listed on
Mar 31, 2017
Closed on
May 1, 2017
Sold by
Xie Kevin
Bought by
Zhang Wemdy
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Lily Ren
Centaline Investment Inc
List Price
$439,900
Sold Price
$420,000
Premium/Discount to List
-$19,900
-4.52%

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
Outstanding Balance
$261,818
Interest Rate
4.08%
Mortgage Type
Commercial
Estimated Equity
$551,345

Purchase Details

Closed on
Jun 10, 2016
Sold by
Rodriguez Jesus and Rodriguez Merlinda
Bought by
Hollyvale Rental Holdings Llc

Purchase Details

Closed on
Oct 14, 2006
Sold by
Rodriguez Jesus and Espana Melinda
Bought by
Rodriguez Jesus and Rodriguez Merlinda

Purchase Details

Closed on
May 17, 2004
Sold by
Rodriguez Jesus and Espana Melinda
Bought by
Rodriguez Jesus and Espana Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
6.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 1998
Sold by
Barriga Quileo
Bought by
Rodriguez Jesus and Espana Melinda

Purchase Details

Closed on
Jan 8, 1998
Sold by
Bankers Trust Company
Bought by
Barriga Quileo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,057
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 1997
Sold by
Woods James M
Bought by
Bankers Trust Company

Purchase Details

Closed on
Apr 30, 1997
Sold by
Woods James M
Bought by
Bankers Trust Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhang Wendy $840,000 Title365
Zhang Wemdy -- Title 365
Hollyvale Rental Holdings Llc $210,000 Accommodation
Rodriguez Jesus -- Accommodation
Rodriguez Jesus -- Gateway Title Company Colton
Rodriguez Jesus -- --
Barriga Quileo $73,000 First Southwestern Title Co
Bankers Trust Company $69,533 First Southwestern Title Co
Bankers Trust Company $66,978 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Wendy $315,000
Previous Owner Rodriguez Jesus $110,500
Previous Owner Barriga Quileo $73,057
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2017 05/26/17 Sold $420,000 +5.0% $238 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
04/21/2017 04/21/17 Price Changed $399,900 -9.1% $227 / Sq Ft
03/31/2017 03/31/17 For Sale $439,900 -- $249 / 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 $5,318 $487,440 $104,449 $382,991
2024 $5,318 $477,883 $102,401 $375,482
2023 $5,318 $468,514 $100,394 $368,120
2022 $5,198 $459,328 $98,426 $360,902
2021 $5,129 $450,323 $96,497 $353,826
2020 $5,091 $445,706 $95,508 $350,198
2019 $4,996 $436,968 $93,636 $343,332
2018 $4,899 $428,400 $91,800 $336,600
2017 $3,078 $265,200 $91,800 $173,400
2016 $997 $92,686 $33,100 $59,586
2015 $982 $91,295 $32,603 $58,692
2014 $970 $89,509 $31,965 $57,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17064414

California Regional Multiple Listing Service (CRMLS)

APN: 221-023-001