NOT LISTED FOR SALE

3980 Mckenzie St Riverside, CA 92503

Arlington Neighborhood

Estimated Value: $569,000 - $1,040,000

3 Beds
2 Baths
1,188 Sq Ft
$608/Sq Ft Est. Value

Last Sold March 16, 2015

Last sale price $230,000 $194 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $4,228/month

368 Days on Market

Highlights

  • No Units Above
  • 1 Car Garage
  • No Heating
  • No HOA
  • Carpet
  • 1-Story Property

About This Home

As of March 2015

Great opportunity for an income property with two separate units on the lot. Front Unit has 1 Bed 1 Bath. Back Unit has 2 Bed 1 Bath.

Last Agent to Sell the Property

Yesica Fuentes

Mak Home Realty & Inv License #01382689 Listed on: 01/29/2014

Last Buyer's Agent

Yesica Fuentes

Mak Home Realty & Inv License #01382689 Listed on: 01/29/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 6,534 Sq Ft Lot
  • No Units Above
  • No Common Walls
  • No Units Located Below

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 1,188 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Tax Lot 3,4
  • Tax Tract Number 31602
  • Assessor Parcel Number 191322046

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Electric Expense $1,200
  • Insurance Expense $1,100
  • Water Sewer Expense $600
  • New Taxes Expense $1,300
  • Gross Income $2,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 191322046
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls, No One Above, No One Below
  • Flooring: Carpet
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 193.60
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: No
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 2000.00
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 6534.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1300.00
  • Tax Lot: 3,4
  • Tax Tract Number: 31602
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2020
Sold by
Morales Jesus
Bought by
Zhang Wendy and Xie Kevin
Current Estimated Value
$721,879

Purchase Details

Closed on
Feb 18, 2020
Sold by
Castillo Julio
Bought by
Morales Jesus

Purchase Details

Closed on
Jun 12, 2018
Sold by
Morales Jesus
Bought by
Castillo Julio

Purchase Details

Listed on
Jan 29, 2014
Closed on
Mar 20, 2015
Sold by
Diaz Antonio R and Pineda Jesus R
Bought by
Morales Jesus
Seller's Agent
Yesica Fuentes
Mak Home Realty & Inv
Buyer's Agent
Yesica Fuentes
Mak Home Realty & Inv
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.19%
Original Mortgage
$184,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2005
Sold by
Diaz Ana V and Pineda Jesus R
Bought by
Diaz Antonio R and Pineda Jesus R

Purchase Details

Closed on
Dec 29, 2003
Sold by
Diaz Antonio R and Pineda Sonia C
Bought by
Diaz Ana V and Pineda Jesus R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,900
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2001
Sold by
Williamson Albert
Bought by
Diaz Antonio R and Diaz Ana V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,391
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 2001
Sold by
Hacker Rollene M
Bought by
Williamson Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,391
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 12, 1998
Sold by
Williamson Albert and Williamson Beverly A
Bought by
Williamson Albert and Williamson Beverly A
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 $450,000 Lawyers Title
Morales Jesus -- Accommodation
Castillo Julio -- None Available
Morales Jesus $230,000 Servicelink Title Company
Diaz Antonio R -- Southland Title Inland Empir
Pineda Jesus R -- Southland Title Inland Empir
Diaz Ana V -- Southland Title
Diaz Antonio R $136,500 Stewart Title
Williamson Albert -- Stewart Title
Williamson Albert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morales Jesus $184,000
Previous Owner Diaz Ana V $180,900
Previous Owner Diaz Antonio R $134,391
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2015 03/16/15 Sold $230,000 -8.0% $194 / Sq Ft
02/01/2015 02/01/15 Pending -- -- --
01/29/2014 01/29/14 For Sale $250,000 -- $210 / 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 $5,344 $492,136 $82,021 $410,115
2024 $5,344 $482,487 $80,413 $402,074
2023 $5,344 $473,028 $78,837 $394,191
2022 $5,223 $463,754 $77,292 $386,462
2021 $5,154 $454,662 $75,777 $378,885
2020 $3,364 $293,392 $78,030 $215,362
2019 $3,301 $287,640 $76,500 $211,140
2018 $2,800 $242,938 $52,812 $190,126
2017 $2,752 $238,176 $51,777 $186,399
2016 $2,577 $233,507 $50,762 $182,745
2015 $1,799 $167,769 $49,159 $118,610
2014 $1,780 $164,485 $48,197 $116,288
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2015

    Yesica Fuentes

    Mak Home Realty & Inv

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14019504

California Regional Multiple Listing Service (CRMLS)

APN: 191-322-046

California Riverside County Riverside 92503 Arlington

3980 Mckenzie St, Riverside, CA

Not Listed for Sale

MultiFamily

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