NOT LISTED FOR SALE

Estimated Value: $543,000 - $616,468

3 Beds
2 Baths
1,104 Sq Ft
$531/Sq Ft Est. Value

Last Sold August 29, 2023

Last sale price $575,000 $521 Per Sq Ft

Current estimated payment $3,664/month

3 Days on Market

Highlights

  • Mountain View
  • Quartz Countertops
  • Hiking Trails
  • Polytechnic High School Rated A-
  • No HOA
  • Double Pane Windows

About This Home

As of August 2023

Discover the epitome of charm and craftsmanship in this captivating remodeled craftsman 2 unit home, nestled in the heart of downtown Riverside. Boasting two units, this property offers both convenience and versatility. The main house features two bedrooms and one bathroom, adorned with a custom stained glass window that adds a touch of elegance. Step onto the tiled patio and take in the stunning views of Mount Rubidoux and the mesmerizing firework shows on the 4th of July. This home exudes sophistication with its freshly remodeled kitchen and bathrooms, adorned with luxury vinyl flooring that adds a touch of modernity. A new roof and paint, along with a new 200 amp electric panel and full rewire, ensure peace of mind and comfort. Stay cozy with three new ductless heating and air units, while a new water heater provides convenience. Outside, indulge in the lush beauty of the freshly landscaped yard, complete with citrus trees that promise a delightful harvest. Enjoy the tranquil ambiance of the surroundings while still being within walking distance to the iconic Mission Inn, downtown restaurants, and vibrant nightlife. Don't miss this rare opportunity to own a piece of Riverside's history and embrace the harmonious blend of classic craftsmanship and modern amenities. This remodeled craftsman gem is ready to welcome you home.

Last Agent to Sell the Property

Katie Rothacker

POWER OF 2 REALTY License #01851284 Listed on: 08/10/2023

Last Buyer's Agent

Demarco Fletcher

EXP REALTY OF CALIFORNIA INC License #01878162

EXP REALTY OF CALIFORNIA INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,355

Year Built

  • Built in 1927 | Remodeled

Lot Details

  • 2,614 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Density is 2-5 Units/Acre

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Turnkey
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,104 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Double Pane Windows
  • Family Room
  • Vinyl Flooring
  • Mountain Views
  • Basement

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • Ductless Heating Or Cooling System
  • SEER Rated 16+ Air Conditioning Units
  • Heat Pump System

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 10 / 4
  • Assessor Parcel Number 214141009
  • $64 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Hiking Trails
  • Bike Trail

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Operating Expense $1,200
  • Net Operating Income $4,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,355

Year Built

Built in 1927 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 282500
  • Property Attached: No
  • View: Yes
  • Zoning: R3
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 214141009
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Crown Molding, Quartz Counters
  • Stories: 1
  • Entry Location: Front door
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 520.83
  • Room Type: All Bedrooms Down, Basement, Family Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Block, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave
  • Heating Type: Ductless, ENERGY STAR Qualified Equipment, Heat Pump
  • Laundry Features: Gas Dryer Hookup, Inside, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless, Energy Star Qualified Equipment, Seer Rated 16+
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Gross Scheduled Income: 4000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 2614.0000 Square Feet
  • Net Operating Income: 4000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 1200.00

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 303.00
  • Tax Lot: 10
  • TaxOtherAnnualAssessmentAmount: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2023
Sold by
Fetrow Kathryn L
Bought by
Rothacker Daniel
Current Estimated Value
$572,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.33%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 8, 2023
Sold by
Romero Mayra Valentina Martinez
Bought by
Rothacker Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.33%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 7, 2023
Sold by
Reyes Eduardo
Bought by
Martinez Mayra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.33%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 2, 2004
Sold by
Reyes Delores Catalina
Bought by
Reyes Eduardo

Purchase Details

Closed on
Jun 28, 2004
Sold by
Martinez Hector
Bought by
Martinez Mayra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2004
Sold by
Torres Enrique
Bought by
Martinez Mayra and Reyes Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2004
Sold by
Torres Enrique and Torres Irene
Bought by
Torres Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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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
Rothacker Daniel -- First American Title
Rothacker Daniel $220,000 First American Title
Martinez Mayra -- First American Title
Reyes Eduardo -- First American Title Co
Martinez Mayra -- First American Title Co
Martinez Mayra $185,000 First American Title Co
Torres Enrique -- Gateway Title Company Colton
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rothacker Daniel $206,000
Closed Rothacker Daniel $206,000
Previous Owner Martinez Mayra $110,000
Previous Owner Torres Enrique $152,000
Closed Martinez Mayra $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $575,000 +1.8% $521 / Sq Ft
08/13/2023 08/13/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $565,000 -- $512 / 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 $6,355 $586,500 $176,460 $410,040
2023 $6,355 $247,839 $80,374 $167,465
2022 $2,767 $242,981 $78,799 $164,182
2021 $2,739 $238,217 $77,254 $160,963
2020 $2,719 $235,775 $76,462 $159,313
2019 $2,668 $231,153 $74,963 $156,190
2018 $2,617 $226,622 $73,495 $153,127
2017 $2,571 $222,179 $72,054 $150,125
2016 $2,408 $217,824 $70,642 $147,182
2015 $2,325 $210,000 $68,000 $142,000
2014 $2,001 $178,000 $58,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23149286

California Regional Multiple Listing Service (CRMLS)

APN: 214-141-009