NOT LISTED FOR SALE

4059 5th St Unit 2 Riverside, CA 92501

Downtown Riverside Neighborhood

Estimated Value: $564,000 - $749,000

3 Beds
2 Baths
1,104 Sq Ft
$588/Sq Ft Est. Value

Sale Details

Date Sold: August 29, 2023

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

Est. 11% increase in value since last sale

Current estimated payment $3,968 / mo

3 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Double Pane Windows
  • Quartz Countertops
  • Hiking Trails
  • Crown Molding

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

COLDWELL BANKER REALTY License #01878162

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

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
  • Entry on the 1st floor
  • 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 in unit
  • 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

Year Built

Built in 1927 | Remodeled

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • 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
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Aug 29, 2023
Sold by
Bought by
Seller's Agent
Katie Rothacker
POWER OF 2 REALTY
Buyer's Agent
Demarco Fletcher
COLDWELL BANKER REALTY
List Price
$565,000
Sold Price
$575,000
Premium/Discount to List
$10,000
1.77%
Views
40
Current Estimated Value
$636,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,534
Avg. Annual Appreciation
4.33%
Original Mortgage
$425,000
Interest Rate
0.0696%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2023
Sold by
Bought by

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
0.0633%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 8, 2023
Sold by
Bought by

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
0.0633%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 7, 2023
Sold by
Bought by

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
0.0633%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 2, 2004
Sold by
Bought by

Purchase Details

Closed on
Jun 28, 2004
Sold by
Bought by

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
0.0624%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2004
Sold by
Bought by

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
0.0624%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2004
Sold by
Bought by

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
0.0612%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$575,000 First American Title
-- First American Title
$220,000 First American Title
-- First American Title
-- First American Title Co
-- First American Title Co
$185,000 First American Title Co
-- Gateway Title Company Colton
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $420,000
Closed $425,000
Closed $206,000
Closed $206,000
Closed $110,000
Closed $152,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • Katie Rothacker

    Seller's Agent in 2023

    Katie Rothacker

    POWER OF 2 REALTY

    (951) 941-5558

    3 in this area

    60 Total Sales

    Katie Rothacker
    Section Image
  • Demarco Fletcher

    Buyer's Agent in 2023

    Demarco Fletcher

    COLDWELL BANKER REALTY

    (951) 515-7811

    3 in this area

    77 Total Sales

    Demarco Fletcher
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23149286

California Regional Multiple Listing Service (CRMLS)

APN: 214-141-009

California Riverside County Riverside 92501 Downtown Riverside

4059 5th St Unit 2, Riverside, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.