$440,000
SOLD NOV 19, 2024
3 Beds
1 Bath
922 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$477 Per Sq Ft

2% Below List Price

3 Days on Market

Highlights

  • Main Floor Bedroom
  • Covered Patio or Porch
  • Eat-In Kitchen
  • No HOA
  • 2 Car Attached Garage
  • Cooling System Mounted To A Wall/Window

About This Home

As of March 2025

Investor’s Dream Opportunity! This single-story, 3-bedroom, 1-bathroom home offers a rare opportunity for those looking to renovate and create their dream space or a profitable investment. Nestled on a quiet, tree-lined street, this property is packed with possibilities, whether for an investor or a future homeowner with a vision. Its prime, central location near Cal Baptist University makes it ideal for rental income or future resale. While this home is ready for a fresh start, it needs work and will not be financeable, making it perfect for cash buyers or investors.

Last Agent to Sell the Property

Jennifer Pacheco

Coldwell Banker Assoc.Brks-CL Brokerage Phone: 951-640-2003 License #01896443 Listed on: 10/29/2024

Coldwell Banker Assoc.Brks-CL

Last Buyer's Agent

Jennifer Pacheco

Coldwell Banker Assoc.Brks-CL Brokerage Phone: 951-640-2003 License #01896443 Listed on: 10/29/2024

Coldwell Banker Assoc.Brks-CL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,198

Year Built

  • Built in 1953

Lot Details

  • 7,841 Sq Ft Lot
  • Wood Fence
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Entry on the 1st floor
  • Fixer Upper

Interior Spaces

  • 922 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 227041013
  • $66 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,198

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: R-1
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 227041013
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 922.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: level
  • Common Walls: No Common Walls
  • Accessibility Features: No Interior Steps
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 477.22
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Covered, Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking Features: Driveway, Garage, Street
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 314.02
  • Tax Lot: 15
  • TaxOtherAnnualAssessmentAmount: 66.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2025
Closed on
Feb 27, 2025
Sold by
Indesigning Llc
Bought by
Martinez Alejandro and Torres Randy
Seller's Agent
Michael Nugent
BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
Buyer's Agent
Ary Martinez
Berkshire Hathaway HSCP
List Price
$619,000
Sold Price
$619,000
Views
5
Current Estimated Value
$604,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,153
Avg. Annual Appreciation
-4.90%
Original Mortgage
$607,788
Outstanding Balance
$532,636
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$72,211

Purchase Details

Listed on
Oct 29, 2024
Closed on
Nov 7, 2024
Sold by
Elsman Michael Forrest and Dorame Kristy Lee
Bought by
Indesigning Llc
Seller's Agent
Jennifer Pacheco
Coldwell Banker Assoc.Brks-CL
Buyer's Agent
Jennifer Pacheco
Coldwell Banker Assoc.Brks-CL
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
165.18%
Original Mortgage
$352,000
Interest Rate
6.12%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 11, 2019
Sold by
Elsman Michael and Elsman Micheal
Bought by
Elsman Michael

Purchase Details

Closed on
Feb 17, 2013
Sold by
Elsman Sophia and Elsman Micheal
Bought by
Elsman Michael

Purchase Details

Closed on
Feb 25, 2002
Sold by
Divers Steven Anthony and Divers Marcy Lynn
Bought by
Elsman Michael and Elsman Sophia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,421
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 5, 1999
Sold by
Barrie Douglas S
Bought by
Divers Steven Anthony and Divers Marcy Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,762
Interest Rate
7.96%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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

Date Type Sale Price Title Company
Grant Deed $619,000 Stewart Title Of California
Grant Deed $440,000 Stewart Title Of California
Grant Deed $440,000 Stewart Title Of California
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $134,500 First American Title Co
Grant Deed $90,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $607,788 FHA
Closed $607,788 FHA
Previous Owner $352,000 Construction
Previous Owner $190,000 New Conventional
Previous Owner $230,000 Fannie Mae Freddie Mac
Previous Owner $25,000 Credit Line Revolving
Previous Owner $156,750 Unknown
Previous Owner $132,421 FHA
Previous Owner $89,762 FHA
Closed $3,715 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $619,000 0.0% $507 / Sq Ft
03/20/2025 03/20/25 Pending -- -- --
03/20/2025 03/20/25 For Sale $619,000 +40.7% $507 / Sq Ft
11/19/2024 11/19/24 Sold $440,000 -2.2% $477 / Sq Ft
11/01/2024 11/01/24 Pending -- -- --
10/29/2024 10/29/24 For Sale $450,000 -- $488 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $2,198 $545,000 $165,000 $380,000
2023 $2,198 $190,954 $70,986 $119,968
2022 $2,149 $187,211 $69,595 $117,616
2021 $2,132 $183,541 $68,231 $115,310
2020 $2,116 $181,660 $67,532 $114,128
2019 $2,077 $178,099 $66,208 $111,891
2018 $2,037 $174,608 $64,910 $109,698
2017 $2,002 $171,186 $63,638 $107,548
2016 $1,876 $167,831 $62,391 $105,440
2015 $1,849 $165,311 $61,454 $103,857
2014 $1,832 $162,075 $60,251 $101,824
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW24222820

California Regional Multiple Listing Service (CRMLS)

APN: 227-041-013