NOT LISTED FOR SALE

4112 Mcarthur Rd Riverside, CA 92503

Arlington Neighborhood

Estimated Value: $589,000 - $1,214,766

4 Beds
2 Baths
1,900 Sq Ft
$429/Sq Ft Est. Value

Sale Details

Date Sold: March 28, 2017

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

Est. 127% increase in value since last sale

Current estimated payment $4,710 / mo

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

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 in unit
  • 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

Year Built

Built in 1960

Lot Details

7,405 Sq Ft Lot

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

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
Oct 8, 2016
Closed on
Mar 22, 2017
Sold by
Bought by
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
$815,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,942
Avg. Annual Appreciation
9.19%
Original Mortgage
$270,000
Interest Rate
0.0417%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 8, 2016
Closed on
Feb 2, 2017
Sold by
Bought by
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
0.0417%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 2016
Sold by
Bought by

Purchase Details

Closed on
Nov 3, 2016
Sold by
Bought by

Purchase Details

Closed on
Aug 23, 2016
Sold by
Bought by

Purchase Details

Closed on
Jan 21, 2013
Sold by
Bought by

Purchase Details

Closed on
Oct 29, 2001
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
$141,100
Interest Rate
0.0657%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 24, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$720,000 Orange Coast Title
-- Orange Coast Title Co Socal
-- Orange Coast Title Company
-- None Available
-- None Available
-- None Available
$157,000 Fidelity National Title Ins
-- --
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
Open $295,000
Closed $270,000
Previous Owner $227,800
Previous Owner $238,000
Previous Owner $141,100
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
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

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 $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

    Ymonne Pile
    Section Image
  • James Vega

    Buyer's Agent in 2017

    James Vega

    REAL ESTATE MAVENS

    (951) 453-5939

    94 Total Sales

    James Vega
    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

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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