4202 9th St Riverside, CA 92501
Downtown Riverside NeighborhoodEstimated Value: $584,000 - $616,000
2
Beds
2
Baths
1,344
Sq Ft
$447/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- Corner Lot
- No HOA
- Polytechnic High School Rated A-
- Private Yard
- 4-minute walk to White Park
About This Home
As of December 2017Immaculate mid-century duplex on a large corner lot. Both 1 bedroom 1 bath units feature original tile in excellent condition, Large living-room and kitchen with eating area. Each unit has it's own garage with laundry hookups inside. Large back yard with shared patio and a nice fenced side yard add to the privacy of these units. Only common wall is in the garage area. Located within walking distance of Riversides thriving downtown area with lots of charming shops and restaurants and theaters. Great long term tenants in place. Never had a unit vacant for more than a week in the last 5 years. Buy and live in one and rent the other, or bring your pickiest investor buyer today!!
This one won't last!
Last Agent to Sell the Property
MISSION PROPERTY License #00919628 Listed on: 10/24/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,507
Year Built
- Built in 1953
Lot Details
- 3,049 Sq Ft Lot
- 1 Common Wall
- Corner Lot
- Sprinkler System
- Private Yard
- Back and Front Yard
Parking
- 2 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Front Facing Garage
- Side by Side Parking
- Single Garage Door
- Driveway
Home Design
- Duplex
- Contemporary Architecture
- Raised Foundation
- Frame Construction
- Shingle Roof
- Composition Roof
- Stucco
Interior Spaces
- 1,344 Sq Ft Home
- 1-Story Property
- Wood Frame Window
- Neighborhood Views
Kitchen
- Gas Cooktop
- Tile Countertops
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- All Upper Level Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Wall Furnace
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone, trash collection
- Tax Lot 1
- Tax Tract Number 9
- Assessor Parcel Number 214301007
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $900
- Professional Management Expense $840
- Water Sewer Expense $350
- New Taxes Expense $2,967
- Operating Expense $5,182
- Gross Income $20,700
- Net Operating Income $15,518
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2017
Closed on
Jan 9, 2018
Sold by
Sorrell Paul A and Sorrell Linda
Bought by
Sorrell Paul A and Sorrell Linda
Seller's Agent
Denise Tomlinson
MISSION PROPERTY
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$370,000
Sold Price
$364,000
Premium/Discount to List
-$6,000
-1.62%
Total Days on Market
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,711
Avg. Annual Appreciation
6.94%
Original Mortgage
$172,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 24, 2017
Closed on
Nov 15, 2017
Sold by
Schnabel Clarissa M and Schnabel Robert H
Bought by
Sorrell Paul and Sorrell Linda
Seller's Agent
Denise Tomlinson
MISSION PROPERTY
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$370,000
Sold Price
$364,000
Premium/Discount to List
-$6,000
-1.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 15, 2013
Sold by
Schnabel Robert H and Schnabel Clarissa M
Bought by
Schnabel Clarissa M and Schnabel Robert H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
3.12%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 20, 2003
Sold by
Potter Donald S
Bought by
Schnabel Robert and Schnabel Clarissa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4%
Mortgage Type
Commercial
Purchase Details
Closed on
May 9, 2001
Sold by
Walton William F
Bought by
Potter Donald S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,200
Interest Rate
7.26%
Mortgage Type
Commercial
Similar Homes in Riverside, CA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sorrell Paul A | -- | First American Title | |
| Sorrell Paul | $364,000 | First American Title | |
| Schnabel Clarissa M | -- | Chicago Title Inland Empire | |
| Schnabel Robert | $450,000 | Fidelity Natl Title Ins Co | |
| Potter Donald S | $95,000 | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sorrell Family Revocable Trust | $260,000 | |
| Closed | Sorrell Paul | $172,000 | |
| Previous Owner | Schnabel Clarissa M | $158,000 | |
| Previous Owner | Schnabel Robert | $179,714 | |
| Previous Owner | Schnabel Robert | $180,000 | |
| Previous Owner | Potter Donald S | $126,000 | |
| Previous Owner | Potter Donald S | $101,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2017 12/15/17 | Sold | $364,000 | -1.6% | $271 / Sq Ft |
| 11/13/2017 11/13/17 | Pending | -- | -- | -- |
| 10/24/2017 10/24/17 | For Sale | $370,000 | -- | $275 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $4,507 | $398,084 | $87,490 | $310,594 |
| 2022 | $4,405 | $390,279 | $85,775 | $304,504 |
| 2021 | $4,349 | $382,628 | $84,094 | $298,534 |
| 2020 | $4,317 | $378,705 | $83,232 | $295,473 |
| 2019 | $4,236 | $371,280 | $81,600 | $289,680 |
| 2018 | $4,153 | $364,000 | $80,000 | $284,000 |
| 2017 | $3,170 | $275,624 | $67,369 | $208,255 |
| 2016 | $2,967 | $270,221 | $66,049 | $204,172 |
| 2015 | $2,925 | $266,164 | $65,058 | $201,106 |
| 2014 | $2,898 | $260,952 | $63,785 | $197,167 |
Source: Public Records
Agents Affiliated with this Home
-
Denise Tomlinson
Seller's Agent in 2017
Denise Tomlinson
MISSION PROPERTY
(951) 750-3005
1 in this area
16 Total Sales
-
NoEmail NoEmail
N
Buyer's Agent in 2017
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
1 in this area
5,589 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV17244139
APN: 214-301-007
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