NOT LISTED FOR SALE

40874 Brookside Ave Cherry Valley, CA 92223

Estimated Value: $296,000 - $405,192

2 Beds
1 Bath
958 Sq Ft
$370/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $90,000 $94 Per Sq Ft

Est. 294% increase in value since last sale

Current estimated payment $2,098/month

79 Days on Market

About This Home

As of July 2015

JUST REDUCED! SELLER SAYS SELL IT!. Over 3/4 acre. Buy now, repair or build later. Value is only going up. Owner has bit off more than she could chew and is looking for quick sale! This property is located right next to Highland Springs Country Club and across the street from a new housing development being built. Home is in need of major repairs and is in very poor condition, rebuild or tear down and start over. Utilities are already on property, great views of valley floor in front and mountain views to the rear. Property has 3 amazingly huge trees for a park like setting. Buyer to due their do diligence regarding this property. Buyer to verify through personal and professional inspections, square footage, lot size, Assessor Data, and Department of Building and Safety for information regarding this property as there are permit issues with Code Enforcement. Owner to do no repairs and is being sold "AS IS", cash offers only.

Last Agent to Sell the Property

Robert Woods

Summit Realty Group License #01858612 Listed on: 04/21/2015

Last Buyer's Agent

Robert Woods

License #01858612

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,793

Year Built

1937

Lot Details

0

Listing Details

  • Active Date: 2015-04-21
  • Full Bathroom: 1
  • Building Size: 958.0
  • Building Structure Style: Ranch
  • Driving Directions: From the 10 Frwy exit Highland Springs Ave. Go North to Brookside ave turn left, property is a few hundred yards on the right.
  • Full Street Address: 40874 BROOKSIDE AVE
  • Lot Size Acres: 33.541
  • Pool Descriptions: No Pool
  • Primary Object Modification Timestamp: 2015-08-01
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1937

Interior Features

  • Advertising Remarks: JUST REDUCED! SELLER SAYS SELL IT!. Over 3/4 acre. Buy now, repair or build later. Value is only going up. Owner has bit off more than she could chew and is looking for quick sale! This property is located right next to Highland Springs Country Club and
  • Total Bedrooms: 2
  • Builders Tract Name: CHERRY VALLEY
  • Fireplace: No
  • Floor Material: Hardwood
  • Pool: No

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 33541
  • Common Walls: Detached/No Common Walls

Garage/Parking

  • Total Parking Spaces: 2

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Lot Description: Horse Property

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2015
Closed on
Jul 16, 2015
Sold by
Landin Victoria
Bought by
Landin Baldo
Seller's Agent
Robert Woods
Summit Realty Group
Buyer's Agent
Robert Woods
Summit Realty Group
List Price
$165,000
Sold Price
$90,000
Premium/Discount to List
-$75,000
-45.45%
Current Estimated Value
$354,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,548
Avg. Annual Appreciation
14.31%

Purchase Details

Listed on
Jul 20, 2013
Closed on
Sep 26, 2013
Sold by
Stewart Richard H and Stewart Richard H
Bought by
Jones Juliet
Seller's Agent
Chris Campbell
RE/MAX ADVANTAGE
Buyer's Agent
LUZ SILVA
REAL ESTATE MASTERS GROUP
List Price
$129,900
Sold Price
$106,500
Premium/Discount to List
-$23,400
-18.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.38%

Purchase Details

Closed on
Aug 14, 2007
Sold by
Stewart Jo Ann
Bought by
Stewart Richard H and Stewart Richard H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
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
Landin Baldo -- Orange Coast Title
Landin Baldo $90,000 Orange Coast Title
Jones Juliet $106,500 Nations Title Company Of Ca
Stewart Richard H $100,000 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stewart Richard H $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2015 07/31/15 Sold $90,000 -35.7% $94 / Sq Ft
07/09/2015 07/09/15 Pending -- -- --
06/14/2015 06/14/15 Price Changed $139,900 -6.1% $146 / Sq Ft
06/08/2015 06/08/15 Price Changed $148,999 0.0% $156 / Sq Ft
05/30/2015 05/30/15 Price Changed $149,000 -9.7% $156 / Sq Ft
04/21/2015 04/21/15 For Sale $165,000 +54.9% $172 / Sq Ft
11/15/2013 11/15/13 Sold $106,500 -11.3% $111 / Sq Ft View Prior Sale
09/09/2013 09/09/13 Pending -- -- --
08/10/2013 08/10/13 Price Changed $120,000 -7.6% $125 / Sq Ft
07/20/2013 07/20/13 For Sale $129,900 -- $136 / Sq Ft
Source: The MLS

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 $2,793 $212,971 $49,713 $163,258
2023 $2,793 $204,703 $47,784 $156,919
2022 $2,751 $200,691 $46,848 $153,843
2021 $2,699 $196,757 $45,930 $150,827
2020 $2,671 $194,741 $45,460 $149,281
2019 $2,630 $190,923 $44,569 $146,354
2018 $2,620 $187,181 $43,696 $143,485
2017 $2,579 $183,512 $42,840 $140,672
2016 $1,515 $106,300 $42,000 $64,300
2015 $1,543 $108,627 $40,799 $67,828
2014 $1,544 $106,500 $40,000 $66,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Robert Woods

    Summit Realty Group

  • Chris Campbell

    Seller's Agent in 2013

    Chris Campbell

    RE/MAX

    (951) 237-4531

    10 in this area

    62 Total Sales

    Chris Campbell
    Section Image

  • L

    Buyer's Agent in 2013

    LUZ SILVA

    REAL ESTATE MASTERS GROUP

See All Agents

Map

Source: The MLS

MLS Number: 15-898159PS

The MLS

APN: 402-310-012

California Riverside County Cherry Valley 92223

40874 Brookside Ave, Cherry Valley, CA

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