NOT LISTED FOR SALE

4112 Mcarthur Rd Riverside, CA 92503

Arlington Neighborhood

Estimated Value: $641,000 - $1,241,960

4 Beds
2 Baths
1,900 Sq Ft
$425/Sq Ft Est. Value

Last Sold March 28, 2017

Last sale price $360,000 $189 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $4,788/month

41 Days on Market

About This Home

As of March 2017

You will love this home for yourself and for your tenants. Each side has own private backyard and storage. Each unit has two bedrooms and one bathroom with full size washer/dryer hook-up. Outside has been newly painted and both units are in great condition. One unit recently has been upgraded with fresh paint, carpet, new blinds, and tile floors in kitchen, dining room, hallway and bathroom. Right side was refreshed a few years ago. Great tenants on both sides. One tenant has made it their home for about ten years. Both pay rent on time, if not early. Do not disturb tenants, please make offer subject to interior inspection.

Last Agent to Sell the Property

Ymonne Pile

LAKE HILLS REALTY INC License #01364157 Listed on: 10/08/2016

Last Buyer's Agent

James Vega

REAL ESTATE MAVENS License #01346612

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,547

Year Built

  • Built in 1960

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • 2 Attached Carport Spaces
  • Parking Available

Home Design

  • 1,900 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, grounds care, gas, sewer, trash collection
  • Assessor Parcel Number 191281030

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $700
  • Water Sewer Expense $760
  • New Taxes Expense $4,000
  • Operating Expense $5,460
  • Gross Income $2,118
  • Net Operating Income $24,656

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,547

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 760.00
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 191281030
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 189.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7405.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Grounds Care, Gas, Sewer, Trash Collection

Multi Family

  • Gross Income: 2118.00
  • Gross Scheduled Income: 25416.00
  • Insurance Expense: 700.00
  • Net Operating Income: 24656.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 760.00
  • Rent Control: No
  • Total Actual Rent: 2118.00
  • Total Expenses: 5460.00

Tax Info

  • New Taxes Expense: 4000.00
  • Tax Census Tract: 316.02
  • Tax Lot: .
  • Tax Tract Number: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2016
Closed on
Mar 22, 2017
Sold by
Pile Ymonne G
Bought by
Molina Rogelio and Molina Sandra
Seller's Agent
Ymonne Pile
LAKE HILLS REALTY INC
Buyer's Agent
James Vega
REAL ESTATE MAVENS
List Price
$399,999
Sold Price
$360,000
Premium/Discount to List
-$39,999
-10%
Current Estimated Value
$805,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,272
Avg. Annual Appreciation
10.17%
Original Mortgage
$270,000
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 8, 2016
Closed on
Feb 2, 2017
Sold by
Pile Carlos A
Bought by
Pile Ymonne G
Seller's Agent
Ymonne Pile
LAKE HILLS REALTY INC
Buyer's Agent
James Vega
REAL ESTATE MAVENS
List Price
$399,999
Sold Price
$360,000
Premium/Discount to List
-$39,999
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 2016
Sold by
Pile Lola Yvette
Bought by
Pile Carlos A

Purchase Details

Closed on
Nov 3, 2016
Sold by
Pile Carlos A
Bought by
Pile Ymonne G

Purchase Details

Closed on
Aug 23, 2016
Sold by
Pile Ymonne G
Bought by
Pile Ymonne G and Pile Carlos A

Purchase Details

Closed on
Jan 21, 2013
Sold by
Pile Carlos A
Bought by
Pile Ymonne G

Purchase Details

Closed on
Oct 29, 2001
Sold by
Neugebauer Eugene and Neugebauer Bernadette M
Bought by
Pile Carlos A and Pile Ymonne G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,100
Interest Rate
6.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 24, 1999
Sold by
Neugebauer Eugene and Neugebauer Bernadett
Bought by
Neugebauer Eugene and Neugebauer Bernadette M
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
Molina Rogelio $720,000 Orange Coast Title
Pile Ymonne G -- Orange Coast Title Co Socal
Pile Carlos A -- Orange Coast Title Company
Pile Ymonne G -- None Available
Pile Ymonne G -- None Available
Pile Ymonne G -- None Available
Pile Carlos A $157,000 Fidelity National Title Ins
Neugebauer Eugene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molina Rogelio $295,000
Closed Molina Rogelio $270,000
Previous Owner Pile Carlos A $227,800
Previous Owner Pile Carlos A $238,000
Previous Owner Pile Carlos A $141,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2017 03/28/17 Sold $360,000 -5.3% $189 / Sq Ft
11/18/2016 11/18/16 Pending -- -- --
11/09/2016 11/09/16 Price Changed $380,000 +3.3% $200 / Sq Ft
10/23/2016 10/23/16 Price Changed $368,000 -8.0% $194 / Sq Ft
10/08/2016 10/08/16 For Sale $399,999 -- $211 / 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 $4,547 $417,805 $116,056 $301,749
2023 $4,547 $401,583 $111,550 $290,033
2022 $4,444 $393,710 $109,363 $284,347
2021 $4,388 $385,991 $107,219 $278,772
2020 $4,355 $382,034 $106,120 $275,914
2019 $4,274 $374,544 $104,040 $270,504
2018 $4,191 $367,200 $102,000 $265,200
2017 $2,524 $217,858 $57,815 $160,043
2016 $2,175 $195,906 $56,147 $139,759
2015 $2,144 $192,964 $55,304 $137,660
2014 $2,123 $189,186 $54,222 $134,964
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2017

    Ymonne Pile

    LAKE HILLS REALTY INC

    (951) 787-7088

    Section Image

  • J

    Buyer's Agent in 2017

    James Vega

    REAL ESTATE MAVENS

    (800) 984-1650

    89 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16721229

California Regional Multiple Listing Service (CRMLS)

APN: 191-281-030

California Riverside County Riverside 92503 Arlington

4112 Mcarthur Rd, Riverside, CA

This home is located at 4112 Mcarthur Rd, Riverside, CA 92503 since 08 October 2016 and is currently estimated at $808,240, approximately $425 per square foot. This property was built in 1960. 4112 Mcarthur Rd is a home located in Riverside County with nearby schools including Jackson Elementary School, Chemawa Middle School, and Arlington High School.

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

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