NOT LISTED FOR SALE

40375 Grand Ave Cherry Valley, CA 92223

Estimated Value: $415,324 - $515,000

2 Beds
1 Bath
1,152 Sq Ft
$404/Sq Ft Est. Value

Highlights

  • 24,394 Sq Ft lot
  • No HOA
  • Central Heating and Cooling System
  • View of Hills
  • Workshop
  • Back Yard

About This Home

As of January 2017

Beautiful 2 bedroom 1 bath 1152 square foot home on .56 acre lot. Many upgrades including dual pain windows ceiling fans and plantation shutters. Large 2 car garage with additional shop/storage space in back of property, perfect for the toys.

Last Agent to Rent the Property

Jerritt Watts

BLESCH & ASSOCIATES R. E. License #01398850 Listed on: 01/09/2017

Last Renter's Agent

Jerritt Watts

BLESCH & ASSOCIATES R. E. License #01398850 Listed on: 01/09/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,613

Year Built

  • Built in 1961

Lot Details

  • 0.56 Acre Lot
  • Rural Setting
  • Back Yard
  • Property is zoned A-1-1

Parking

  • 2 Car Garage

Property Views

  • Hills
  • Neighborhood

Interior Spaces

  • 1,152 Sq Ft Home
  • Den with Fireplace
  • Workshop

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $1,500
  • Rent includes trash collection
  • 12-Month Minimum Lease Term
  • Available 1/23/17
  • Tax Lot 2
  • Tax Tract Number 7
  • Assessor Parcel Number 402210001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,613

Year Built

Built in 1961

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2017-01-23
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 1500
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: No
  • View: Yes
  • Zoning: A-1-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 402210001
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1152.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Den
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1.30
  • Room Type: Workshop

Exterior Features

  • View: Hills, Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 24394.00

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Rent Includes: Trash Collection

Tax Info

  • Tax Census Tract: 438.09
  • Tax Lot: 2
  • Tax Tract Number: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2011
Sold by
Razzaghi Shahram
Bought by
The Linda Martinez Trust
Current Estimated Value
$465,331

Purchase Details

Closed on
May 29, 2007
Sold by
Schulz Timothy J and Schulz Diana
Bought by
Razzaghi Shahram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2003
Sold by
Schulz Timothy J and Mcclaury Diana M
Bought by
Schulz Timothy J and Schulz Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 1994
Sold by
Davis Mitzi B and Maloy Diane V
Bought by
Ray George L and Ray Lynn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,581
Interest Rate
8.57%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
The Linda Martinez Trust $97,000 None Available
Razzaghi Shahram $325,000 First American Title
Schulz Timothy J -- First American Title Co
Ray George L $95,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Razzaghi Shahram $260,000
Previous Owner Schulz Timothy J $105,000
Previous Owner Ray George L $94,581
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2017 01/27/17 Rented $1,500 0.0% --
01/17/2017 01/17/17 Under Contract -- -- --
01/09/2017 01/09/17 For Rent $1,500 0.0% --
12/03/2015 12/03/15 Rented $1,500 0.0% --
11/29/2015 11/29/15 Off Market $1,500 -- --
11/08/2015 11/08/15 For Rent $1,500 +7.1% --
05/04/2013 05/04/13 Rented $1,400 0.0% --
05/04/2013 05/04/13 Under Contract -- -- --
04/06/2013 04/06/13 For Rent $1,400 -- --
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 $1,613 $121,820 $31,393 $90,427
2023 $1,613 $117,091 $30,175 $86,916
2022 $1,589 $114,796 $29,584 $85,212
2021 $1,560 $112,546 $29,004 $83,542
2020 $1,542 $111,393 $28,707 $82,686
2019 $1,519 $109,210 $28,145 $81,065
2018 $1,512 $107,070 $27,594 $79,476
2017 $1,488 $104,971 $27,053 $77,918
2016 $1,449 $102,914 $26,523 $76,391
2015 $1,425 $101,371 $26,126 $75,245
2014 $1,425 $99,387 $25,615 $73,772
Source: Public Records

Agents Affiliated with this Home

  • Jerritt Watts

    Landlord's Agent in 2017

    Jerritt Watts

    BLESCH & ASSOCIATES R. E.

    (909) 793-3346

    4 Total Sales

    Jerritt Watts
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV17005460

California Regional Multiple Listing Service (CRMLS)

APN: 402-210-001

California Riverside County Cherry Valley 92223

40375 Grand Ave, Cherry Valley, CA

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