NOT LISTED FOR SALE

3940 Wallace St Riverside, CA 92509

Estimated Value: $610,000 - $646,194

3 Beds
2 Baths
2,202 Sq Ft
$287/Sq Ft Est. Value

Last Sold April 10, 2014

Last sale price $254,000 $115 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $3,593/month

33 Days on Market

Highlights

  • Above Ground Pool
  • Central Heating and Cooling System
  • Front Yard
  • No HOA
  • Family Room

About This Home

As of April 2014

***Your Wait Is Over...Fresh Renovation & Rehab just completed! **STANDARD SALE w/ Motivated Seller! **Desirable Upgraded 3 bedroom home with a SPARKLING CLEAN SWIMMING POOL! **GRANITE COUNTERTOPS! **BRAND NEW PAINT! **BRAND NEW CARPET! **NEW STAINLESS STEEL APPLIANCES! **NEW LANDSCAPING W/ LUSH GREEN LAWN! **Close to Historic Flabob Airport and Fairmont Park! Open and Comfortable Layout. Come take a Look and fall in Love! Quick response to all offers! Send us a Solid Offer and let's Open Escrow! ***INQUIRE ABOUT BUYERS INCENTIVES***

Last Agent to Sell the Property

Rick Young

Young Estate Services License #01818513 Listed on: 02/19/2014

Last Buyer's Agent

Martin Uribe

First Team Real Estate License #01708896

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,325

Year Built

  • Built in 1952

Lot Details

  • 7,405 Sq Ft Lot
  • Front Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 2,202 Sq Ft Home
  • Family Room
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Above Ground Pool
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 181111014

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,325

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 181111014
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2202.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 115.35
  • Room Type: Family Room

Exterior Features

  • Pool Features: Above Ground, Private
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2025
Sold by
Valdez Santiago
Bought by
Valdez Yancy
Current Estimated Value
$632,299

Purchase Details

Closed on
Jul 19, 2017
Sold by
Valdez Santiago and Valdez Yancy
Bought by
Valdez Santiago and Valdez Yancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 19, 2014
Closed on
Mar 6, 2014
Sold by
Valdez Socorro
Bought by
Valdez Santiago
Seller's Agent
Rick Young
Young Estate Services
Buyer's Agent
Martin Uribe
First Team Real Estate
List Price
$275,000
Sold Price
$254,000
Premium/Discount to List
-$21,000
-7.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$249,399
Interest Rate
4.32%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 19, 2014
Closed on
Feb 19, 2014
Sold by
Gw San Diego Properties Llc
Bought by
Valdez Santiago and Valdez Yancy
Seller's Agent
Rick Young
Young Estate Services
Buyer's Agent
Martin Uribe
First Team Real Estate
List Price
$275,000
Sold Price
$254,000
Premium/Discount to List
-$21,000
-7.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,399
Interest Rate
4.32%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 2013
Sold by
Alvarez Arthur B
Bought by
Gw San Diego Properties Llc

Purchase Details

Closed on
Jun 22, 2011
Sold by
Quintero Leon
Bought by
Sanchez Garcia Gabriel

Purchase Details

Closed on
Mar 3, 2011
Sold by
Alvarez Arthur B
Bought by
Quintero Leon

Purchase Details

Closed on
Mar 2, 2007
Sold by
Alvarez Oralia Elizabeth
Bought by
Alvarez Arthur B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
6.23%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 22, 2006
Sold by
Alvarez Oralia Elizabeth
Bought by
Alvarez Arthur B

Purchase Details

Closed on
Dec 27, 2004
Sold by
Alvarez Oralia E
Bought by
Alvarez Arthur B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,450
Interest Rate
5.89%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 27, 2003
Sold by
Alvarez Arthur and Ceja Sigfredo
Bought by
Alvarez Arthur B and Alvarez Oralia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2000
Sold by
Alvarez Oralia Elizabeth
Bought by
Alvarez Arthur B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,386
Interest Rate
7.96%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 2, 1999
Sold by
Hud
Bought by
Alvarez Arthur B and Ceja Sigfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,386
Interest Rate
7.96%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 3, 1999
Sold by
Bank United
Bought by
Hud

Purchase Details

Closed on
Mar 4, 1999
Sold by
Navarro Ida P
Bought by
Bank United

Purchase Details

Closed on
Mar 20, 1997
Sold by
Henderson Kevin
Bought by
Navarro Ida P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,600
Interest Rate
7.94%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 1996
Sold by
Federal National Mortgage Association
Bought by
Henderson Kevin

Purchase Details

Closed on
Jun 29, 1996
Sold by
Kendrick Thomas V and Kendrick Karen L
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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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
Valdez Yancy -- None Listed On Document
Valdez Santiago -- North American Title Company
Valdez Santiago -- Ticor Title
Valdez Santiago $254,000 Ticor Title
Gw San Diego Properties Llc $175,000 Accommodation
Sanchez Garcia Gabriel -- None Available
Quintero Leon -- None Available
Alvarez Arthur B -- First American Title Company
Alvarez Arthur B -- None Available
Alvarez Arthur B -- Commerce Title Company
Alvarez Arthur B -- --
Alvarez Arthur B -- Orange Coast Title
Ceja Sigfredo -- Orange Coast Title
Alvarez Arthur B $70,000 Orange Coast Title
Hud -- First American Title Ins Co
Bank United $117,429 First American Title Ins Co
Navarro Ida P $104,000 First American Title Ins Co
Henderson Kevin $21,500 First American Title Ins Co
Federal National Mortgage Association $86,316 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valdez Santiago $245,000
Previous Owner Valdez Santiago $249,399
Previous Owner Alvarez Arthur B $277,500
Previous Owner Alvarez Arthur B $190,450
Previous Owner Alvarez Arthur B $140,000
Previous Owner Alvarez Arthur B $77,386
Previous Owner Navarro Ida P $103,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2014 04/10/14 Sold $254,000 0.0% $115 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
02/13/2014 02/13/14 Off Market $254,000 -- --
02/07/2014 02/07/14 Price Changed $255,000 -5.2% $116 / Sq Ft
01/27/2014 01/27/14 Price Changed $269,000 -2.2% $122 / Sq Ft
01/17/2014 01/17/14 For Sale $275,000 -- $125 / 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 $3,325 $311,354 $67,412 $243,942
2023 $3,325 $299,266 $64,796 $234,470
2022 $3,269 $293,399 $63,526 $229,873
2021 $3,247 $287,647 $62,281 $225,366
2020 $3,218 $284,699 $61,643 $223,056
2019 $3,218 $279,118 $60,435 $218,683
2018 $3,114 $273,646 $59,252 $214,394
2017 $3,082 $268,282 $58,091 $210,191
2016 $3,040 $263,022 $56,952 $206,070
2015 $2,998 $259,074 $56,098 $202,976
2014 $2,577 $233,465 $63,672 $169,793
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Rick Young

    Young Estate Services

    Section Image
  • Martin Uribe

    Buyer's Agent in 2014

    Martin Uribe

    First Team Real Estate

    (949) 751-6019

    48 Total Sales

    Martin Uribe
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG14011337

California Regional Multiple Listing Service (CRMLS)

APN: 181-111-014

California Riverside County Riverside 92509

3940 Wallace St, Riverside, CA

This home is located at 3940 Wallace St, Riverside, CA 92509 since 19 February 2014 and is currently estimated at $632,299, approximately $287 per square foot. This property was built in 1952. 3940 Wallace St is a home located in Riverside County with nearby schools including Peralta Elementary, Mission Middle School, and Rubidoux High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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