C
Seller's Agent in 2017
Chad Williams
Hackett Williams, Broker
(714) 600-6978
4 Total Sales
427 Devener St Riverside, CA 92507
Highgrove NeighborhoodEstimated Value: $753,254 - $878,000
11
Beds
7
Baths
6,000
Sq Ft
$135/Sq Ft
Est. Value
Highlights
- No HOA
- Laundry Room
- Wall Furnace
- Cooling System Mounted To A Wall/Window
- Tile Flooring
About This Home
As of October 20178 Units. Two Side by Side Clean Fourplexes in Riverside. Get 8 units with the ability to use conventional 4plex financing. Can also be sold separate. 427 Devener has been completely remodeled with the last 3-5 years and 421 Devener has had many upgrades over the owners tenure. Great Unit Mix of 4 two bedroom and 1 bath and 4 one bedroom one bath units. Large parking lot with 12 assigned spots. Separately metered. Own laundery units for additional income. Easy to rent, manage, and maintain.
Last Agent to Sell the Property
Hackett Williams, Broker License #01349225 Listed on: 08/09/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 0.33 Acre Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
- 247081008
Home Design
- Property Attached
Interior Spaces
- 6,000 Sq Ft Home
- 2-Story Property
- Gas and Electric Range
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 11 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Parking
- Parking Available
- Assigned Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Conventional Septic
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Assessor Parcel Number 247081007
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 8 Units
Amenities
- Laundry Facilities
Building Details
- 10 Separate Electric Meters
- 8 Separate Gas Meters
- 2 Separate Water Meters
- Gross Income $5,800
- Net Operating Income $51,537
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 9, 2017
Closed on
Oct 10, 2017
Sold by
Williams Chad and Hackett Chris W
Bought by
Noland Clifford W
Seller's Agent
Chad Williams
Hackett Williams, Broker
Buyer's Agent
David Covarrubias
MARCUS & MILLICHAP
List Price
$920,000
Sold Price
$960,000
Premium/Discount to List
$40,000
4.35%
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
-$159,423
Avg. Annual Appreciation
-2.06%
Original Mortgage
$299,000
Outstanding Balance
$249,481
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$559,583
Purchase Details
Closed on
May 24, 2006
Sold by
Williams Kristin
Bought by
Williams Chad
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 8, 2006
Sold by
Patel Babubhai A and Patel Sudhaben B
Bought by
Williams Chad and Hackett Chris W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Noland Clifford W | $460,000 | Fidelity National Title Comp | |
| Williams Chad | -- | Fidelity National Title | |
| Hackett Chris W | -- | Fidelity National Title | |
| Williams Chad | $435,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Noland Clifford W | $299,000 | |
| Previous Owner | Williams Chad | $348,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/24/2017 10/24/17 | Sold | $960,000 | +4.3% | $160 / Sq Ft |
| 08/18/2017 08/18/17 | Pending | -- | -- | -- |
| 08/09/2017 08/09/17 | For Sale | $920,000 | -- | $153 / 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 | $5,761 | $523,396 | $153,604 | $369,792 |
| 2023 | $5,761 | $503,075 | $147,641 | $355,434 |
| 2022 | $5,609 | $493,212 | $144,747 | $348,465 |
| 2021 | $5,511 | $483,542 | $141,909 | $341,633 |
| 2020 | $5,469 | $478,584 | $140,454 | $338,130 |
| 2019 | $5,367 | $469,200 | $137,700 | $331,500 |
| 2018 | $5,262 | $460,000 | $135,000 | $325,000 |
| 2017 | $5,851 | $512,195 | $130,785 | $381,410 |
| 2016 | $5,476 | $502,153 | $128,221 | $373,932 |
| 2015 | $5,403 | $494,612 | $126,296 | $368,316 |
| 2014 | $5,353 | $484,925 | $123,823 | $361,102 |
Source: Public Records
Agents Affiliated with this Home
-
Chad Williams
-
David Covarrubias
Buyer's Agent in 2017
David Covarrubias
MARCUS & MILLICHAP
(909) 456-3400
46 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW17183991
APN: 247-081-008
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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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