NOT LISTED FOR SALE

Estimated Value: $674,000 - $700,000

4 Beds
2 Baths
1,661 Sq Ft
$410/Sq Ft Est. Value

Last Sold September 05, 2023

Last sale price $650,000 $391 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,313/month

60 Days on Market

Highlights

  • No HOA
  • Front Porch
  • Patio
  • Neighborhood Views
  • Cooling System Mounted To A Wall/Window
  • Park

About This Home

As of September 2023

Amazing opportunity! Own an income producing duplex on a large lot. Each Unit has its own separate address - 4024 & 4026. Each unit features 2-bedroom, 1 full bathroom, living room, dining room and Kitchen. The units have detached 2 car garages and two separate meters on power and gas lines. Separate Laundry facilities are in the shared garage. The units are in the Arlington neighborhood of Riverside which is a short distance from shops and restaurants and nature centers. Both units are tenant occupied and it has extremely low expenses for a great investment opportunity.

Last Agent to Sell the Property

Tamar Tarkhanian

Realty One Group West License #01891979 Listed on: 06/05/2023

Realty One Group West

Last Buyer's Agent

Tammi Schilling-Garland

Tammi Marie Schilling License #01380430

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,179

Year Built

  • Built in 1961

Lot Details

  • 6,534 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,661 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 191282011
  • $77 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,179

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Ad Number: 7148132034
  • Property Attached: Yes
  • View: Yes
  • Zoning: R2
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 191282011
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1661.00 Square Feet
  • Stories: 1
  • Entry Location: front
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 391.33
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks, Street Lights

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6534.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 316.02
  • Tax Lot: 9
  • Tax Tract Number: 000
  • TaxOtherAnnualAssessmentAmount: 77.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Aug 31, 2023
Sold by
Garland Bobby Gene
Bought by
Schilling-Garland Tammi
Seller's Agent
Tamar Tarkhanian
Realty One Group West
Buyer's Agent
Tammi Schilling-Garland
Tammi Marie Schilling
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Views
614
Current Estimated Value
$681,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,821
Avg. Annual Appreciation
0.43%
Original Mortgage
$278,000
Outstanding Balance
$272,443
Interest Rate
6.78%
Mortgage Type
Construction
Estimated Equity
$382,998

Purchase Details

Listed on
Jun 5, 2023
Closed on
Aug 23, 2023
Sold by
Terzian Garabet and Terzian Susan
Bought by
Schilling-Garland Tammi Marie
Seller's Agent
Tamar Tarkhanian
Realty One Group West
Buyer's Agent
Tammi Schilling-Garland
Tammi Marie Schilling
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Views
614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Outstanding Balance
$272,443
Interest Rate
6.78%
Mortgage Type
Construction
Estimated Equity
$382,998

Purchase Details

Listed on
Jun 3, 2019
Closed on
Jun 12, 2019
Sold by
Mckenzie Llc
Bought by
Terzian Garabet and Terzian Susan
Seller's Agent
Lane Moore
Seven Gables Real Estate
Buyer's Agent
David Andrade
David A. Andrade, Broker
List Price
$459,000
Sold Price
$450,000
Premium/Discount to List
-$9,000
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.31%
Original Mortgage
$324,375
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2019
Sold by
Robinson Nicholas C and Robinson Holly A
Bought by
Mckenzie Llc

Purchase Details

Closed on
Sep 30, 2016
Sold by
Robinson Nihholas C
Bought by
Robinson Nicholas C and Robinson Holly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2015
Sold by
Robinson Nicholas C and Robinson Clifford A
Bought by
Robinson Nicholas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 27, 2014
Closed on
Nov 3, 2014
Sold by
Shaw Maxine W
Bought by
Robinson Nicholas C and Robinson Clifford A
Seller's Agent
Julie Perkins
Westcoe Realtors, Inc.
Buyer's Agent
Lane Moore
Seven Gables Real Estate
List Price
$330,000
Sold Price
$300,000
Premium/Discount to List
-$30,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$225,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2008
Sold by
Shaw Maxine Willetta
Bought by
Shaw Maxine W
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
Schilling-Garland Tammi -- Lawyers Title
Schilling-Garland Tammi Marie $650,000 Lawyers Title
Terzian Garabet $432,500 Chicago Title Company
Mckenzie Llc -- None Available
Robinson Nicholas C -- Wfg National Title
Robinson Nicholas C -- Orange Coast Title Company
Robinson Nicholas C $300,000 Lawyers Title
Shaw Maxine W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schilling-Garland Tammi Marie $278,000
Previous Owner Terzian Garabet $324,375
Previous Owner Robinson Nicholas C $223,000
Previous Owner Robinson Nicholas C $223,000
Previous Owner Robinson Nicholas C $225,000
Previous Owner Shaw Maxine $50,000
Previous Owner Shaw Maxine W $50,000
Previous Owner Shaw Maxine W $20,000
Previous Owner Shaw Maxine Willetta $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 Sold $650,000 -7.0% $391 / Sq Ft
07/30/2023 07/30/23 For Sale $699,000 +7.5% $421 / Sq Ft
07/10/2023 07/10/23 Off Market $650,000 -- --
06/05/2023 06/05/23 For Sale $699,000 0.0% $421 / Sq Ft
11/15/2022 11/15/22 Rented $2,000 0.0% --
11/13/2022 11/13/22 Under Contract -- -- --
10/11/2022 10/11/22 For Rent $2,000 0.0% --
07/19/2019 07/19/19 Sold $450,000 -2.0% $271 / Sq Ft
06/06/2019 06/06/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $459,000 +53.0% $276 / Sq Ft
11/25/2014 11/25/14 Sold $300,000 -9.1% $181 / Sq Ft
10/31/2014 10/31/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $330,000 -- $199 / 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 $7,179 $663,000 $198,900 $464,100
2023 $7,179 $454,631 $84,092 $370,539
2022 $5,036 $445,718 $82,444 $363,274
2021 $4,969 $436,979 $80,828 $356,151
2020 $4,932 $432,500 $80,000 $352,500
2019 $3,641 $323,969 $53,992 $269,977
2018 $3,569 $317,618 $52,935 $264,683
2017 $3,504 $311,392 $51,898 $259,494
2016 $3,279 $305,287 $50,881 $254,406
2015 $3,224 $300,000 $50,000 $250,000
2014 $812 $67,865 $18,969 $48,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23089447

California Regional Multiple Listing Service (CRMLS)

APN: 191-282-011