G
Seller's Agent in 2012
Greg Kamin
Sun Tag Properties
(714) 749-5621
4204 12th St Riverside, CA 92501
Downtown Riverside NeighborhoodEstimated Value: $967,000 - $1,331,000
8
Beds
6
Baths
3,500
Sq Ft
$321/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Wood Siding
- No Heating
- Polytechnic High School Rated A-
About This Home
As of December 2012LOCATION, LOCATION, LOCATION .PRIME RENTAL UNITS IN DESIREABLE RENTAL AREA!! Own this Corner FOURPLEX near downtown Riverside (walking distance to downtown, Riverside Community Hospital, and Riverside Community College) and the tenants will be lining up to rent from you. Tenants won t be able to resist living in this historic, quaint family neighborhood. But if they need more just bring them inside Two freshly painted BUILDINGS await them! 4204 & 4206 12th consists of Two 3 bedroom / 2 bath units recently updated with enormous kitchens, new carpet and interior paint in one, updated baths, walk in closets, basements for extra storage, and a comfy front porch to relax on. 4235 & 4237 Locust consists of Two 1 bedroom / 1 bath units (one recently updated and one long term tenant who wants to stay) each with 1 car garages. Tenants and Investors, old and young, will love this property! Come own almost half a block of rental real estate and submit your offer today!!!
Last Agent to Sell the Property
Sun Tag Properties License #01173655 Listed on: 10/02/2012
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,429
Year Built
- Built in 1939
Lot Details
- 5,775
Parking
- 2 Car Garage
Home Design
- 3,500 Sq Ft Home
- Traditional Architecture
- Wood Siding
- Stucco
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Additional Features
- 5,775 Sq Ft Lot
- No Heating
Listing and Financial Details
- Legal Lot and Block 7 / 12
- Assessor Parcel Number 215201007
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $4,150
- Net Operating Income $49,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2012
Closed on
Nov 19, 2012
Sold by
Wamu Servicing Lp
Bought by
Sloane Stephen and Sloane Carolyn
Seller's Agent
Greg Kamin
Sun Tag Properties
Buyer's Agent
Kathy Schwab
AWESON REALTY
List Price
$440,000
Sold Price
$405,000
Premium/Discount to List
-$35,000
-7.95%
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
$719,335
Avg. Annual Appreciation
8.54%
Original Mortgage
$171,575
Interest Rate
3.27%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 17, 2012
Sold by
Valdes Jorge G
Bought by
Wamu Servicing Lp
Purchase Details
Closed on
Apr 13, 2005
Sold by
Valdes Cynthia Manfre
Bought by
Valdes Jorge G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,500
Interest Rate
5.84%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 22, 2005
Sold by
Schnabel Robert and Schnabel Clarissa
Bought by
Valdes Jorge G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,500
Interest Rate
5.84%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 12, 2003
Sold by
Baham Garlington J
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
$340,000
Interest Rate
3.99%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Sloane Stephen | $405,000 | Ticor Title Company | |
| Wamu Servicing Lp | $285,500 | Ticor Title Company | |
| Valdes Jorge G | -- | First American Title Company | |
| Valdes Jorge G | $595,000 | First American Title Company | |
| Schnabel Robert | $425,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sloane Stephen | $100,000 | |
| Closed | Sloane Stephen | $171,575 | |
| Previous Owner | Wamum Servicing Llc | $3,000,000 | |
| Previous Owner | Valdes Jorge G | $535,500 | |
| Previous Owner | Schnabel Robert | $340,000 | |
| Closed | Schnabel Robert | $42,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/28/2012 12/28/12 | Sold | $405,000 | -8.0% | $116 / Sq Ft |
| 10/13/2012 10/13/12 | Pending | -- | -- | -- |
| 10/02/2012 10/02/12 | For Sale | $440,000 | -- | $126 / 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 |
|---|---|---|---|---|
| 2025 | $5,429 | $498,712 | $129,290 | $369,422 |
| 2023 | $5,429 | $479,348 | $124,270 | $355,078 |
| 2022 | $5,306 | $469,950 | $121,834 | $348,116 |
| 2021 | $5,235 | $460,737 | $119,446 | $341,291 |
| 2020 | $5,195 | $456,014 | $118,222 | $337,792 |
| 2019 | $5,097 | $447,073 | $115,904 | $331,169 |
| 2018 | $4,998 | $438,308 | $113,633 | $324,675 |
| 2017 | $4,909 | $429,714 | $111,405 | $318,309 |
| 2016 | $4,594 | $421,289 | $109,221 | $312,068 |
| 2015 | $4,529 | $414,964 | $107,582 | $307,382 |
| 2014 | $4,486 | $406,838 | $105,476 | $301,362 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Kamin
-
Kathy Schwab
Buyer's Agent in 2012
Kathy Schwab
AWESON REALTY
(951) 206-4088
9 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: P836975
APN: 215-201-007
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