N
Seller's Agent in 2021
Nelson Rodriguez
RE/MAX
3940 5th St Riverside, CA 92501
Downtown Riverside NeighborhoodEstimated Value: $715,000 - $878,000
5
Beds
3.5
Baths
2,219
Sq Ft
$366/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Main Floor Bedroom
- Neighborhood Views
- Craftsman Architecture
- No HOA
- 2 Car Direct Access Garage
About This Home
As of July 2021**Investment Opportunity in the Heart of Downtown Riverside** This Multi Family Dwelling offers a great opportunity for an owner living in the main house and renting out the two additional studio units in detached rear yard structure. The 1,419 sq.ft. main house is a charming Craftsman style Bungalow, featuring 3 bedrooms and 1.5 bathrooms, cozy living room, separate dining room with original built-ins, and indoor laundry area. The secondary units include two studios, approximately 400 sq.ft, featuring a kitchen and bathroom. There is ample parking with each unit having their own attached 1-car garage for storage, with alley access, and up to 4 cars in driveway. Located minutes away from the historic Downtown Riverside's Mission Inn, easy freeway access, local shopping, entertainment and restaurants.
Last Agent to Sell the Property
Nelson Rodriguez
Re/Max Top Producers License #01280315 Listed on: 05/29/2021
Home Details
Home Type
- Single Family
Year Built
- Built in 1923
Lot Details
- 9,583 Sq Ft Lot
- Property is zoned R3
Parking
- 2 Car Direct Access Garage
- 4 Open Parking Spaces
- Oversized Parking
- Parking Available
- Rear-Facing Garage
- Single Garage Door
Home Design
- Craftsman Architecture
- Bungalow
- Additions or Alterations
Interior Spaces
- 2,219 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Family Room with Fireplace
- Dining Room
- Neighborhood Views
Kitchen
- Electric Oven
- Gas and Electric Range
- Pots and Pans Drawers
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
Laundry
- Laundry Room
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Patio
- Front Porch
Utilities
- Cooling System Mounted To A Wall/Window
- Floor Furnace
- Natural Gas Connected
- Water Heater
Additional Features
- More Than Two Accessible Exits
- Detached Guest House
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 3 / 5
- Tax Tract Number 9041
- Assessor Parcel Number 214202004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 29, 2023
Sold by
Vargas Ronnie A
Bought by
3940 5Th St Llc
Current Estimated Value
Purchase Details
Listed on
May 29, 2021
Closed on
Jun 12, 2021
Sold by
Morssael Soheyla and The Soheyla Morssael Living Tr
Bought by
Vargas Ronnie A
Seller's Agent
Nelson Rodriguez
Re/Max Top Producers
Buyer's Agent
Jennifer Larson
Re/Max Top Producers
List Price
$499,880
Sold Price
$540,000
Premium/Discount to List
$40,120
8.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%
Original Mortgage
$432,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 20, 2020
Sold by
Morssaei Soheyla
Bought by
Morssaei Soheyla and The Soheyla Morssaei Living Tr
Purchase Details
Listed on
Apr 16, 2012
Closed on
Aug 6, 2012
Sold by
Gf Services Llc
Bought by
Morssaei Soheyla
Seller's Agent
Kim Lineberger
Maxim Realty
Buyer's Agent
Justin Tye
Active Realty
List Price
$146,800
Sold Price
$146,800
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.42%
Original Mortgage
$157,500
Interest Rate
3.53%
Mortgage Type
Commercial
Purchase Details
Listed on
Apr 16, 2012
Closed on
May 14, 2012
Sold by
The Bank Of New York Mellon
Bought by
Gf Services Llc
Seller's Agent
Kim Lineberger
Maxim Realty
Buyer's Agent
Justin Tye
Active Realty
List Price
$146,800
Sold Price
$146,800
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.84%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 28, 2011
Sold by
Patel Smita N
Bought by
The Bank Of New York Mellon and Jpmorgan Chase Bank Na
Purchase Details
Closed on
Jan 6, 2006
Sold by
Kanjee Ushma
Bought by
Patel Smita N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
7.25%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 26, 2004
Sold by
Kanjee Manish C
Bought by
Kanjee Ushma M
Purchase Details
Closed on
Nov 24, 2003
Sold by
Rizzo Albert P and Hildebrandt Barry A
Bought by
Kanjee Manish C and Kanjee Ushma M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
5.56%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 19, 2003
Sold by
Rizzo Albert P and Rizzo Helen P
Bought by
Rizzo Albert P and Hildebrandt Barry A
Purchase Details
Closed on
Feb 25, 2001
Sold by
Rizzo Lara Fish and Domo Twyla
Bought by
Rizzo Albert P and Rizzo Helen P
Purchase Details
Closed on
Jan 27, 1999
Sold by
Rizzo Al
Bought by
Fish Rizzo Lara and Domo Twyla
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,182
Interest Rate
6.73%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 3, 1998
Sold by
Rizzo Helen P
Bought by
Rizzo Al
Purchase Details
Closed on
Oct 28, 1998
Sold by
Trimble and Trimble Fumey
Bought by
Rizzo Al
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 3940 5Th St Llc | $270,000 | None Listed On Document | |
| Vargas Ronnie A | $540,000 | Lawyers Title Company | |
| Morssaei Soheyla | -- | None Available | |
| Morssaei Soheyla | $225,000 | First American Title Company | |
| Gf Services Llc | $147,000 | Landsafe Title | |
| The Bank Of New York Mellon | $166,500 | Landsafe Title | |
| Patel Smita N | $364,000 | Stewart Title Guaranty | |
| Kanjee Ushma M | -- | -- | |
| Kanjee Manish C | $250,000 | Stewart Title Riverside | |
| Rizzo Albert P | -- | Stewart Title | |
| Rizzo Albert P | $99,500 | Gateway Title Company | |
| Fish Rizzo Lara | $100,000 | Commonwealth Land Title Co | |
| Rizzo Al | -- | Commonwealth Land Title Co | |
| Rizzo Al | -- | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Vargas Ronnie A | $432,000 | |
| Previous Owner | Morssaei Soheyla | $157,500 | |
| Previous Owner | Gf Services Llc | $75,000 | |
| Previous Owner | Gf Services Llc | $110,000 | |
| Previous Owner | Patel Smita N | $273,000 | |
| Previous Owner | Kanjee Manish C | $187,500 | |
| Previous Owner | Fish Rizzo Lara | $99,182 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/13/2021 07/13/21 | Sold | $540,000 | 0.0% | $243 / Sq Ft | |
| 06/07/2021 06/07/21 | Off Market | $540,000 | -- | -- | |
| 06/01/2021 06/01/21 | Pending | -- | -- | -- | |
| 05/29/2021 05/29/21 | For Sale | $499,880 | +240.5% | $225 / Sq Ft | |
| 06/08/2012 06/08/12 | Sold | $146,800 | 0.0% | $67 / Sq Ft | View Prior Sale |
| 05/10/2012 05/10/12 | Pending | -- | -- | -- | |
| 04/16/2012 04/16/12 | For Sale | $146,800 | -- | $67 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,715 | $713,088 | $199,601 | $513,487 |
| 2023 | $7,715 | $550,800 | $137,700 | $413,100 |
| 2022 | $6,072 | $540,000 | $135,000 | $405,000 |
| 2021 | $2,938 | $255,961 | $62,566 | $193,395 |
| 2020 | $2,916 | $253,337 | $61,925 | $191,412 |
| 2019 | $2,862 | $248,370 | $60,711 | $187,659 |
| 2018 | $2,807 | $243,501 | $59,521 | $183,980 |
| 2017 | $2,757 | $238,727 | $58,354 | $180,373 |
| 2016 | $2,582 | $234,047 | $57,210 | $176,837 |
| 2015 | $2,545 | $230,533 | $56,351 | $174,182 |
| 2014 | $2,521 | $226,020 | $55,249 | $170,771 |
Source: Public Records
Agents Affiliated with this Home
-
-
Jennifer Larson
Buyer's Agent in 2021
Jennifer Larson
RE/MAX
(951) 533-4953
2 in this area
125 Total Sales
-
Kim Lineberger
K
Seller's Agent in 2012
Kim Lineberger
Maxim Realty
(909) 762-8082
2 Total Sales
-
Justin Tye
Buyer's Agent in 2012
Justin Tye
Active Realty
(949) 381-8581
1 in this area
2,202 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG21116123
APN: 214-202-004
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.
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
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