Noemy Arellano
Vida Realty
(657) 216-9210
72 Total Sales
2 in Ramona
$610K - $633K Price Range
4133 Melrose St Riverside, CA 92504
Ramona Neighborhood
6
Beds
3
Baths
13,000
Sq Ft
0.36
Acre Lot
Highlights
- 0.36 Acre Lot
- Laundry Facilities
- Wall Furnace
- No HOA
About This Home
As of January 2013Great investment opportunity to own a 15 unit building in an amazing part of Riverside...priced under market and for quick sale this property is located on a beautiful tree lined street close to shopping freeways and schools. Long term tenants make up the great unit mix of 7 - 1 bedroom,, 7 - 2 bedroom and 1 - 3 bedroom 1 bath units. Carport parking in the rear of the property make this area very secure. This property is a great investment property and is priced to sell quickly.
Last Agent to Sell the Property
Carl Capitano
COMPASS License #01078792 Listed on: 11/15/2012
Last Buyer's Agent
Carl Capitano
COMPASS License #01078792 Listed on: 11/15/2012
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1976
Lot Details
- 15,526 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Property Attached
- Composition Roof
Interior Spaces
- 13,000 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Parking
- 14 Parking Spaces
- 14 Carport Spaces
- Parking Available
- Assigned Parking
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, HVAC maintenance
- Tax Lot 6
- Assessor Parcel Number 227140003
Community Details
Overview
- No Home Owners Association
- 15 Units
Amenities
- Laundry Facilities
Building Details
- 15 Separate Electric Meters
- 15 Separate Water Meters
- Electric Expense $1,000
- Insurance Expense $1,000
- Gross Income $12,000
- Net Operating Income $85,000
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
Closed on
May 14, 2014
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
$2,569,000
Interest Rate
4.17%
Mortgage Type
Commercial
Purchase Details
Listed on
Nov 15, 2012
Closed on
Jan 18, 2013
Sold by
Bought by
Seller's Agent
Carl Capitano
COMPASS
Buyer's Agent
Carl Capitano
COMPASS
List Price
$1,189,000
Sold Price
$1,050,000
Premium/Discount to List
-$139,000
-11.69%
Purchase Details
Closed on
Oct 19, 2012
Sold by
Bought by
Purchase Details
Closed on
Mar 21, 2005
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
$945,000
Interest Rate
5.87%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 8, 2002
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
$506,250
Interest Rate
7.11%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 26, 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
$506,250
Interest Rate
7.11%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 26, 1999
Sold by
Bought by
Purchase Details
Closed on
Mar 9, 1999
Sold by
Bought by
Purchase Details
Closed on
Feb 25, 1998
Sold by
Bought by
Purchase Details
Closed on
Jan 14, 1998
Sold by
Bought by
Purchase Details
Closed on
Dec 19, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Ramona, CA
-
Noemy Arellano
-
Kim Campbell
Kim Campbell
Coldwell Banker Realty
(951) 420-6436
65 Total Sales
2 in Ramona
$303,000 Price Range
-
JENNIFER MENDOZA
JENNIFER MENDOZA
EXP REALTY OF CALIFORNIA INC
(310) 362-9753
15 Total Sales
2 in Ramona
$665,000 Price Range
-
Nora Fregoso Rodriguez
Nora Fregoso Rodriguez
Realty Executives All Cities
(949) 386-2896
49 Total Sales
2 in Ramona
$540K - $590K Price Range
-
Eli Strickland
Eli Strickland
Responds QuicklyRE/MAX INNOVATIONS
(833) 400-8714
139 Total Sales
3 in Ramona
$515K - $530K Price Range
-
Adam Rodriguez
Adam Rodriguez
REALTY MASTERS & ASSOCIATES
(909) 332-3165
18 Total Sales
2 in Ramona
$585,000 Price Range
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 |
|---|---|---|---|
| -- | Accommodation | ||
| $1,050,000 | Lawyers Title Company | ||
| -- | None Available | ||
| $1,515,000 | First American Title Insuran | ||
| -- | Fidelity National Title | ||
| $675,000 | Fidelity National Title | ||
| $515,000 | First American Title Co | ||
| -- | Orange Coast Title | ||
| $244,500 | Lawyers Title Company | ||
| $282,000 | American Title Co | ||
| -- | -- |
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 | $3,105,000 | ||
| Closed | $2,569,000 | ||
| Previous Owner | $2,100,000 | ||
| Previous Owner | $945,000 | ||
| Previous Owner | $506,250 |
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 |
|---|---|---|---|---|
| 01/24/2013 01/24/13 | Sold | $1,050,000 | -11.7% | $81 / Sq Ft |
| 01/10/2013 01/10/13 | Pending | -- | -- | -- |
| 11/15/2012 11/15/12 | For Sale | $1,189,000 | -- | $91 / 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 |
|---|---|---|---|---|
| 2026 | $14,842 | $1,318,843 | $251,202 | $1,067,641 |
| 2025 | $14,366 | $1,292,984 | $246,277 | $1,046,707 |
| 2023 | $14,366 | $1,242,778 | $236,715 | $1,006,063 |
| 2022 | $14,047 | $1,218,411 | $232,074 | $986,337 |
| 2021 | $13,832 | $1,194,522 | $227,524 | $966,998 |
| 2020 | $13,730 | $1,182,275 | $225,192 | $957,083 |
| 2019 | $13,476 | $1,159,094 | $220,777 | $938,317 |
| 2018 | $13,219 | $1,136,368 | $216,449 | $919,919 |
| 2017 | $12,989 | $1,114,087 | $212,205 | $901,882 |
| 2016 | $12,171 | $1,092,244 | $208,045 | $884,199 |
| 2015 | $12,002 | $1,075,839 | $204,921 | $870,918 |
| 2014 | $11,892 | $1,054,767 | $200,908 | $853,859 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2013
Carl Capitano
COMPASS
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV12141125
APN: 227-140-003
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.
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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