Seller's Agent in 2017
Elizabeth Kristensen
Rise Realty
(951) 295-7103
16 Total Sales
4024 5th St Riverside, CA 92501
Downtown Riverside NeighborhoodEstimated Value: $453,269 - $587,000
3
Beds
3
Baths
1,500
Sq Ft
$345/Sq Ft
Est. Value
Highlights
- Lawn
- Cooling System Mounted To A Wall/Window
- Rectangular Lot
- No HOA
- Floor Furnace
- 1-Story Property
About This Home
As of September 2017This post war home is on a wonderful street in Downtown Riverside. 3 units under 1 roof. 1 is a large bedroom/living room that is blocked off from kitchen by large wood slider doors. Back unit has a very large screened patio area in addition to access to the lush green yard. Front unit has this spacious front porch and its own side yard. All 3 units rented but the rents are much lower than rents in the area. Units can rent for 1000-1300 a month based on rental analysis.
1 tenant is month to month 1 has lease until jan other is until april.
EACH UNIT HAS 1 BEDROOM 1 BATHROOM, KITCHEN AREA, OWN WATER HEATER IN EACH UNIT AND OWN SEPARATE ENTRANCE TO EACH UNIT.
Cash offers only.
Last Agent to Sell the Property
Rise Realty License #01214381 Listed on: 07/20/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1903
Lot Details
- 8,276 Sq Ft Lot
- 1 Common Wall
- Rectangular Lot
- Lawn
- Back and Front Yard
Parking
- 2 Car Garage
Home Design
- Property Attached
Interior Spaces
- 1,500 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Floor Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 10
- Assessor Parcel Number 214201006
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $580
- Trash Expense $250
- New Taxes Expense $3,000
- Operating Expense $3,830
- Gross Income $10,400
- Net Operating Income $8,100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2017
Closed on
Aug 28, 2017
Sold by
Edwards Judith A
Bought by
Durham Properties Llc
Seller's Agent
Elizabeth Kristensen
Rise Realty
Buyer's Agent
DAWN Gleason
Vista Sotheby's International Realty
List Price
$344,988
Sold Price
$305,000
Premium/Discount to List
-$39,988
-11.59%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,817
Avg. Annual Appreciation
6.57%
Purchase Details
Closed on
Sep 17, 2015
Sold by
Bauer Bryon
Bought by
Edwards Judith A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
3.86%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 16, 2015
Sold by
Edwards Judith A
Bought by
Edwards Judith A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
3.86%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 5, 1996
Sold by
Sec Hud
Bought by
Edwards Judith A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,493
Interest Rate
7.46%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 28, 1995
Sold by
Gmac Mtg Corp Of Pa
Bought by
Hud
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 |
|---|---|---|---|
| Durham Properties Llc | $305,000 | North American Title Company | |
| Edwards Judith A | -- | Ticor Title | |
| Edwards Judith A | -- | Ticor Title Company Of Ca | |
| Edwards Judith A | $62,000 | United Title | |
| Hud | -- | Stewart Title | |
| Gmac Mtg Corp Of Pa | $85,932 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Edwards Judith A | $133,500 | |
| Previous Owner | Edwards Judith A | $61,493 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/06/2017 09/06/17 | Sold | $305,000 | -7.6% | $203 / Sq Ft |
| 08/21/2017 08/21/17 | Pending | -- | -- | -- |
| 08/17/2017 08/17/17 | Price Changed | $330,000 | -4.3% | $220 / Sq Ft |
| 07/20/2017 07/20/17 | For Sale | $344,988 | -- | $230 / 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 | $3,793 | $347,033 | $79,646 | $267,387 |
| 2023 | $3,793 | $333,559 | $76,554 | $257,005 |
| 2022 | $3,708 | $327,019 | $75,053 | $251,966 |
| 2021 | $3,664 | $320,608 | $73,582 | $247,026 |
| 2020 | $3,637 | $317,322 | $72,828 | $244,494 |
| 2019 | $3,568 | $311,100 | $71,400 | $239,700 |
| 2018 | $3,499 | $305,000 | $70,000 | $235,000 |
| 2017 | $1,061 | $86,980 | $49,102 | $37,878 |
| 2016 | $997 | $85,276 | $48,140 | $37,136 |
| 2015 | $983 | $83,997 | $47,418 | $36,579 |
| 2014 | $973 | $82,353 | $46,490 | $35,863 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Kristensen
-
DAWN Gleason
Buyer's Agent in 2017
DAWN Gleason
Vista Sotheby's International Realty
(951) 289-9899
38 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG17166285
APN: 214-201-006
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