NOT LISTED FOR SALE

3988 Mckenzie St Riverside, CA 92503

Arlington Neighborhood

Estimated Value: $505,525 - $650,000

3 Beds
1 Bath
952 Sq Ft
$604/Sq Ft Est. Value

Last Sold December 05, 2018

Last sale price $329,000 $346 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,320/month

About This Home

Amazing opportunity to own a huge lot property in a great Riverside neighborhood! Property sits on a huge lot with RV entrance from both front of house and back through the alley. The property is zoned R2, this means you can build more units. There was a second home in the back recently demolished to correct code irregularities, but the owner never got to complete the project of restoring the second unit. Never pay another bill of electricity because this home has been upgraded and converted to solar power! Solar panels have been recently installed. The property is also minutes away from the Tyler Mall, major freeways, great schools, and much more yet very affordable! Seller is highly motivated and ready to move on! Send in all reasonable offers.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2018
Sold by
Cervantes Pablo Flores
Bought by
Casas Clemente
Current Estimated Value
$575,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,040
Interest Rate
4.8%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 2015
Sold by
Motta Lizarraga Olga Patricia and Flores Olga
Bought by
Cervantes Pablo Flores

Purchase Details

Closed on
Oct 6, 1998
Sold by
Champion Coins Inc
Bought by
Cervantes Pablo Flores and Flores Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,831
Interest Rate
6.79%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 1998
Sold by
Hud
Bought by
Champion Coins Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,831
Interest Rate
6.79%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 1998
Sold by
Midfirst Bank
Bought by
Hud

Purchase Details

Closed on
Nov 10, 1997
Sold by
Buterbaugh Stanley H and Charlagen Buterbaugh Charlagen
Bought by
Midfirst Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Casas Clemente $329,000 Wfg National Title Company
Cervantes Pablo Flores -- Ortc
Cervantes Pablo Flores $110,000 Fidelity National Title Ins
Champion Coins Inc $108,000 United Title
Hud -- United Title Company
Midfirst Bank $65,468 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Casas Clemente $323,040
Previous Owner Cervantes Pablo Flores $109,831
Previous Owner Champion Coins Inc $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2018 12/05/18 Sold $329,000 +3.1% $346 / Sq Ft View Prior Sale
09/17/2018 09/17/18 Price Changed $319,000 +3.2% $335 / Sq Ft
09/17/2018 09/17/18 Price Changed $309,000 -8.8% $325 / Sq Ft
08/21/2018 08/21/18 For Sale $339,000 -- $356 / Sq Ft

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 $4,002 $367,000 $83,661 $283,339
2023 $4,002 $352,751 $80,413 $272,338
2022 $3,912 $345,836 $78,837 $266,999
2021 $3,865 $339,056 $77,292 $261,764
2020 $3,836 $335,580 $76,500 $259,080
2019 $3,764 $329,000 $75,000 $254,000
2018 $3,982 $110,205 $61,992 $48,213
2017 $1,293 $108,045 $60,777 $47,268
2016 $1,214 $105,928 $59,586 $46,342
2015 $1,196 $104,339 $58,692 $45,647
2014 -- $102,297 $57,544 $44,753
Source: Public Records

Agents Affiliated with this Home

  • Armando Benitez Medina

    Seller's Agent in 2018

    Armando Benitez Medina

    CENTURY 21 REALTY MASTERS

    (213) 842-6085

    33 Total Sales

    Armando Benitez Medina
    Section Image
  • Giancarlo Piccini

    Buyer's Agent in 2018

    Giancarlo Piccini

    Real Broker

    (562) 392-2425

    32 Total Sales

    Giancarlo Piccini
    Section Image
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Map

California Riverside County Riverside 92503 Arlington

3988 Mckenzie St, Riverside, CA

Not Listed for Sale

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