NOT LISTED FOR SALE

Estimated Value: $696,000 - $1,116,565

-- Bed
4 Baths
3,300 Sq Ft
$261/Sq Ft Est. Value

Last Sold March 22, 2013

Last sale price $419,000 $127 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $5,275/month

About This Home

As of March 2013

Terrific Triplex in prime location of Down Town Riverside.Front House Unit A is 2Bed/1bath tile and laminate floors and has 1 car garage. NEW ROOF, New central a/c heating. Built 1963 aprox 900 living sqft. Detached back Duplex- Unit B and C 3bed/1.5 bath Townhouses 2 story stlye. Tile and laminate floors. Both have 2 car garages each. Unit B and C both have a patio and rain gutters. Unit C has been completely remodeled with GRANITE COUNTERTOP, NEW CEILING FANS, SLIDING DOORS,FLOORING, KITCHEN CABINETS. NEW ROOF,New central a/c heating. Built 1988 aprox 1200 each living sqft. All three units have laundry hook-ups. Plenty of parking. WROught IRON FENCING RECENTLY INSTALLED. EXTERIOR of Builing's have BEEN recently PAINTED. Very close to convenient services and facilities (shopping, transportation, freeway access, schools, parks, etc). Great for Investor or first-time homeowner, Don't Miss this opportunity. (Buyer to Verify all information)

Last Agent to Sell the Property

Anastasiya Vysotski

Anastasiya Vysotski, Broker License #01373387 Listed on: 02/06/2013

Last Buyer's Agent

Bill Morgan

BILL MORGAN, REAL ESTATE License #00801713

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,600

Year Built

  • Built in 1988

Lot Details

  • 8,581 Sq Ft Lot

Parking

  • 7 Parking Spaces

Home Design

  • 3,300 Sq Ft Home
  • Stucco

Listing and Financial Details

  • Legal Lot and Block 2 / 5
  • Assessor Parcel Number 214202005

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $960
  • Insurance Expense $800
  • Water Sewer Expense $600
  • New Taxes Expense $5,230
  • Gross Income $3,458
  • Net Operating Income $33,906

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,600

Year Built

Built in 1988

Lot Details

0

Listing Details

  • CapRate: 8.09
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 214202005
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 126.97

Exterior Features

  • Construction Materials: Stucco

Garage/Parking

  • Total Parking Spaces: 7.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 8581.00
  • Lot Size Acres: 0.1970

Multi Family

  • Gross Income: 3458.00
  • Gross Multiplier: 10.10
  • Gross Scheduled Income: 41496.00
  • Insurance Expense: 800.00
  • Lot Size Area: 8581.0000 Square Feet
  • Net Operating Income: 33906.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 7590.00

Tax Info

  • New Taxes Expense: 5230.00
  • Tax Area: 9041
  • Tax Block: 5
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2013
Closed on
Mar 16, 2013
Sold by
Tong Sophie M
Bought by
Chung Edward and Tong Sophie M
Seller's Agent
Anastasiya Vysotski
Anastasiya Vysotski, Broker
Buyer's Agent
Bill Morgan
BILL MORGAN, REAL ESTATE
List Price
$419,000
Sold Price
$419,000
Current Estimated Value
$860,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,641
Avg. Annual Appreciation
5.63%
Original Mortgage
$314,250
Outstanding Balance
$227,303
Interest Rate
3.49%
Mortgage Type
Commercial
Estimated Equity
$591,106

Purchase Details

Listed on
Feb 6, 2013
Closed on
Mar 15, 2013
Sold by
Thav Michael V and Thav Jocelyn C
Bought by
Tong Sophie M
Seller's Agent
Anastasiya Vysotski
Anastasiya Vysotski, Broker
Buyer's Agent
Bill Morgan
BILL MORGAN, REAL ESTATE
List Price
$419,000
Sold Price
$419,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,250
Outstanding Balance
$227,303
Interest Rate
3.49%
Mortgage Type
Commercial
Estimated Equity
$591,106

Purchase Details

Closed on
Jan 21, 2003
Sold by
Averill Alan M
Bought by
Thav Michael and Thav Jocelyn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.93%
Mortgage Type
Commercial
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
Chung Edward -- None Available
Tong Sophie M $419,000 Wfg Title Company Of Ca
Tong Sophie M -- Wfg Title Company Of Ca
Thav Michael $275,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tong Sophie M $314,250
Previous Owner Thav Michael $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2013 03/22/13 Sold $419,000 0.0% $127 / Sq Ft
01/25/2013 01/25/13 For Sale $419,000 -- $127 / Sq Ft
01/16/2013 01/16/13 Pending -- -- --
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
2023 $5,600 $495,921 $118,355 $377,566
2022 $5,473 $486,198 $116,035 $370,163
2021 $5,400 $476,665 $113,760 $362,905
2020 $5,359 $471,778 $112,594 $359,184
2019 $5,258 $462,529 $110,387 $352,142
2018 $5,156 $453,461 $108,224 $345,237
2017 $5,064 $444,570 $106,102 $338,468
2016 $4,738 $435,854 $104,022 $331,832
2015 $4,671 $429,309 $102,460 $326,849
2014 $4,633 $420,902 $100,454 $320,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P846734

California Regional Multiple Listing Service (CRMLS)

APN: 214-202-005