NOT LISTED FOR SALE

3964 Mckenzie St Riverside, CA 92503

Arlington Neighborhood

Estimated Value: $634,000 - $827,000

4 Beds
4 Baths
2,614 Sq Ft
$288/Sq Ft Est. Value

Last Sold September 19, 2019

Last sale price $525,000 $201 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,511/month

46 Days on Market

Highlights

  • Fireplace in Bathroom
  • Laundry Room
  • 1-Story Property
  • No HOA
  • No Heating

About This Home

As of September 2019

Meticulously maintained duplex in the heart of Riverside. This is definitely a trophy asset that you won't see on the market very often. The front unit (1) 2bed 1bath with it’s own 2 car garage. This unit also has an attached granny flat. The back unit is (1) 2bed 2bath unit with direct access to it’s own 2 car garage. There is an electric gate in the back of the property which allows garage access for tenants. This kind of opportunity is definitely once in a lifetime. Buyer(s) be advised to do your own due diligence regarding this property, which includes, but not limited to the condition of the property and city permits.

Last Agent to Sell the Property

Steven Casillas

Realty ONE Group West License #01982554 Listed on: 05/23/2019

Realty ONE Group West

Last Buyer's Agent

Manuel Flores

FLORES REALTY & INVESTMENT INC License #00901327

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,225

Year Built

  • Built in 1954

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 2,614 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 4, 5
  • Tax Tract Number 316
  • Assessor Parcel Number 191322004

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $999
  • Gardener Expense $2,675
  • Insurance Expense $1,341
  • Water Sewer Expense $5,838
  • New Taxes Expense $5,965
  • Operating Expense $16,818
  • Gross Income $35,400
  • Net Operating Income $23,431

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,225

Year Built

Built in 1954

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 5838.00
  • Zoning: R2
  • Property Type: Residential Income
  • Gardener Expense: 2675.00
  • Parcel Number: 191322004
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Fireplace Features: Bath
  • Levels: One
  • Price Per Square Foot: 200.84

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 11326.00
  • Lot Size Acres: 0.2600

Multi Family

  • Average2 Bed Area: 1057 Square Feet
  • Average Studio Area: 500 Square Feet
  • Fuel Expense: 998.70
  • Gross Income: 35400.00
  • Gross Scheduled Income: 35400.00
  • Insurance Expense: 1341.00
  • Lot Size Area: 11326.0000 Square Feet
  • Net Operating Income: 23431.33
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 11968.60
  • Rent Control: No
  • Total Actual Rent: 28200.00
  • Total Expenses: 16818.00

Tax Info

  • New Taxes Expense: 5965.30
  • Tax Lot: 4, 5
  • Tax Tract Number: 316.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2021
Sold by
Ramirez Martin and Ramirez Adelina
Bought by
Ramirez Martin O and Ramirez Silvia
Current Estimated Value
$752,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Outstanding Balance
$332,843
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$406,236

Purchase Details

Closed on
Jun 15, 2020
Sold by
Ramirez Martin and Ramirez Adelina
Bought by
Ramirez Martin and Ramirez Adelina

Purchase Details

Closed on
Jul 18, 2019
Sold by
Jacobo Robert V and Christie Jacobo S
Bought by
Ramirez Martin and Ramirez Adelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2006
Sold by
Jacobo Robert V and Christie Jacobo S
Bought by
Jacobo Robert and Christie Jacobo S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 14, 2006
Sold by
Jacobo Robert V and Christie Jacobo S
Bought by
Jacobo Robert and Christie Jacobo S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
May 30, 2003
Sold by
Jacobo Robert V and Christie Jacobo S
Bought by
Jacobo Robert and Christie Jacobo S

Purchase Details

Closed on
Dec 17, 2001
Sold by
Jacobo Robert
Bought by
Jacobo Robert and Christie Jacobo S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
6.73%
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
Ramirez Martin O -- Monarch Title Company
Ramirez Martin -- Monarch Title Company
Ramirez Martin -- None Available
Ramirez Martin $525,000 Wfg National Title Company
Jacobo Robert -- Accommodation
Jacobo Robert -- Ticor Title Company
Jacobo Robert -- --
Jacobo Robert -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Martin $370,000
Previous Owner Ramirez Martin $367,500
Previous Owner Jacobo Robert $300,000
Previous Owner Jacobo Robert $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2019 09/19/19 Sold $525,000 0.0% $201 / Sq Ft
05/23/2019 05/23/19 For Sale $525,000 -- $201 / 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 $6,225 $574,158 $131,235 $442,923
2023 $6,225 $551,865 $126,140 $425,725
2022 $6,083 $541,045 $123,667 $417,378
2021 $5,999 $530,438 $121,243 $409,195
2020 $5,954 $525,000 $120,000 $405,000
2019 $3,995 $349,646 $60,034 $289,612
2018 $3,917 $342,791 $58,858 $283,933
2017 $3,848 $336,070 $57,704 $278,366
2016 $3,602 $329,481 $56,573 $272,908
2015 $3,551 $324,533 $55,724 $268,809
2014 $3,517 $318,179 $54,634 $263,545
Source: Public Records

Agents Affiliated with this Home

  • Steven Casillas

    Seller's Agent in 2019

    Steven Casillas

    Realty ONE Group West

    (951) 977-3421

    46 Total Sales

    Steven Casillas
    Section Image

  • M

    Buyer's Agent in 2019

    Manuel Flores

    FLORES REALTY & INVESTMENT INC

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG19121159

California Regional Multiple Listing Service (CRMLS)

APN: 191-322-004

California Riverside County Riverside 92503 Arlington

3964 Mckenzie St, Riverside, CA

This home is located at 3964 Mckenzie St, Riverside, CA 92503 since 23 May 2019 and is currently estimated at $752,873, approximately $288 per square foot. This property was built in 1954. 3964 Mckenzie St is a home located in Riverside County with nearby schools including Liberty Elementary School, Chemawa Middle School, and Arlington 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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