NOT LISTED FOR SALE

Estimated Value: $634,033 - $756,000

6 Beds
2 Baths
1,869 Sq Ft
$373/Sq Ft Est. Value

Last Sold December 22, 2017

Last sale price $390,000 $209 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,105/month

130 Days on Market

Highlights

  • 25,700 Sq Ft lot
  • Horse Trails
  • Wall Furnace
  • Laundry Room
  • Foothills
  • 1-Story Property

About This Home

As of December 2017

If you are thinking of buying a farm or ranch here is your perfect opportunity. This property offers 2 houses on the lot. Front house offer 4 bed 1 bath and back house offers 2 bed 1 bath a total of 1,869 sq ft. Located in the City of Riverside. The land consist of 25,700 sq ft. Well suited for development. The property is located next to shopping centers , grocery stores a water park for children, schools and many more. Both properties need repairs. This is a perfect opportunity to own a very productive farm. This part of Riverside has been developing , recently new roads and lights have been adopted to serve the residents. You can enjoy watching nature's colors change on the hillside across the valley and listen to nature's sounds like birdcalls, or just enjoy the silence. You can easily enjoy both nature and not far prom the property you can also enjoy the beautiful city lights. You can have and enjoy both with relaxing beautiful scenery all around. Front House 4040 Lindsay has 4 bed 1 bath. Back house 4038 Lindsay has 2 bed 1 bath. FHA IS WELCOME! The properties have new plumbing. Buyer to do his due diligence. Tax record and city shows 2 bed 1 bath each.

Last Agent to Sell the Property

Veronica Recinos

Monton Real Estate Investment & Development Co. License #01838401 Listed on: 06/16/2017

Last Buyer's Agent

George Ruiz

VIP RE Firm License #01781774

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,308

Year Built

  • Built in 1932

Lot Details

  • 0.59 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Shingle Roof

Interior Spaces

  • 1,869 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Wall Furnace
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 170161024

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Foothills

Recreation

  • Horse Trails

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $50
  • Fuel Expense $25
  • Insurance Expense $25
  • Trash Expense $50
  • Water Sewer Expense $150
  • New Taxes Expense $4,250
  • Operating Expense $4,550
  • Gross Income $25,200
  • Net Operating Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,308

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 150.00
  • Zoning: A-1
  • Property Type: Residential Income
  • Parcel Number: 170161024
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 208.67
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Foothills, Gutters, Horse Trails, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 25700.00

Multi Family

  • Electric Expense: 50.00
  • Fuel Expense: 25.00
  • Gross Income: 25200.00
  • Gross Scheduled Income: 25200.00
  • Insurance Expense: 25.00
  • Net Operating Income: 23400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1800.00
  • Rent Control: No
  • Total Expenses: 4550.00

Tax Info

  • New Taxes Expense: 4250.00
  • Tax Census Tract: 405.02
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 4, 2025
Sold by
Gomez Moises Albarran
Bought by
Gomez Family Revocable Living Trust and Gomez
Current Estimated Value
$668,965

Purchase Details

Listed on
Jun 16, 2017
Closed on
Dec 12, 2017
Sold by
Gomez Veronica
Bought by
Gomez Moises Albarran
Seller's Agent
Veronica Recinos
Monton Real Estate Investment & Development Co.
Buyer's Agent
George Ruiz
VIP RE Firm
List Price
$430,000
Sold Price
$390,000
Premium/Discount to List
-$40,000
-9.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%
Original Mortgage
$382,936
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2017
Closed on
Oct 24, 2017
Sold by
Ogley Omar Alexander
Bought by
Gomez Moises Albarran
Seller's Agent
Veronica Recinos
Monton Real Estate Investment & Development Co.
Buyer's Agent
George Ruiz
VIP RE Firm
List Price
$430,000
Sold Price
$390,000
Premium/Discount to List
-$40,000
-9.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,936
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2010
Sold by
Ogley Peter J
Bought by
Ogley Peter

Purchase Details

Closed on
Jul 19, 2006
Sold by
Ogley Peter J
Bought by
Ogley Peter James

Purchase Details

Closed on
Sep 24, 2001
Sold by
Continental Corp Ltd
Bought by
Ogley Peter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,900
Interest Rate
6.67%
Mortgage Type
Commercial
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
Gomez Family Revocable Living Trust -- None Listed On Document
Gomez Moises Albarran -- Usa National Title Co
Gomez Moises Albarran $390,000 Usa National Title Co
Ogley Peter -- None Available
Ogley Peter James -- None Available
Ogley Peter J $150,000 Northern Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomez Moises Albarran $420,000
Previous Owner Gomez Moises Albarran $382,936
Previous Owner Ogley Peter J $15,000
Previous Owner Ogley Peter J $119,900
Previous Owner Marinelli Roseanna $111,501
Previous Owner Marinelli Roseanna $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2017 12/22/17 Sold $390,000 -4.9% $209 / Sq Ft
10/24/2017 10/24/17 Pending -- -- --
07/13/2017 07/13/17 Price Changed $410,000 -4.7% $219 / Sq Ft
06/16/2017 06/16/17 For Sale $430,000 -- $230 / 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 $5,308 $504,449 $113,781 $390,668
2023 $5,308 $484,862 $109,363 $375,499
2022 $5,217 $475,356 $107,219 $368,137
2021 $4,552 $409,958 $105,117 $304,841
2020 $4,511 $405,756 $104,040 $301,716
2019 $4,421 $397,800 $102,000 $295,800
2018 $4,277 $390,000 $100,000 $290,000
2017 $2,174 $190,914 $57,270 $133,644
2016 $2,145 $187,172 $56,148 $131,024
2015 $2,116 $184,362 $55,305 $129,057
2014 $1,958 $180,753 $54,223 $126,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17136054

California Regional Multiple Listing Service (CRMLS)

APN: 170-161-024