NOT LISTED FOR SALE

4338 University Ave Riverside, CA 92501

Downtown Riverside Neighborhood

Estimated Value: $765,000 - $906,708

5 Beds
2 Baths
2,000 Sq Ft
$424/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $495,000 $248 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,906/month

107 Days on Market

Highlights

  • City Lights View
  • Property is near public transit
  • No HOA
  • Craftsman Architecture
  • Main Floor Bedroom
  • Balcony

About This Home

As of August 2023

Home in downtown Historic Riverside minutes away from the Mission Inn. Use code Quadruplex(4 units any combination. At the present the home has 5 bedrooms and 2 baths.
Tall ceilings in a Craftsman’s Home. Great bones. The home is being sold AS-IS condition.
Due to fire in the attic. This home need work, what a Gem! It has a three-car garage with the
Possibility of ADU.

Last Agent to Sell the Property

RAYMOND BALTAZAR

ELEVATE REAL ESTATE AGENCY License #01395807 Listed on: 04/26/2023

Last Buyer's Agent

RAYMOND BALTAZAR

ELEVATE REAL ESTATE AGENCY License #01395807 Listed on: 04/26/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1918

Lot Details

  • 8,276 Sq Ft Lot
  • Property is zoned R3

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Craftsman Architecture
  • Entry on the 1st floor

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • City Lights Views
  • Utility Basement
  • Gas Range

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Exterior Lighting

Schools

  • Bryant Elementary School
  • Central Middle School
  • Polytechnic High School

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Additional Features

  • Accessible Parking
  • Property is near public transit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 13 / 8
  • Assessor Parcel Number 214282009
  • $161 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1918

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: R3
  • Architectural Style: Craftsman
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 214282009
  • Year Built: 1918
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2000.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 247.50
  • Room Type: Laundry, Main Floor Bedroom
  • Basement: Utility

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • Elementary School: Bryant
  • High School: Polytechnic
  • Middle Or Junior School: Central
  • Elementary School #2: BRYANT
  • High School2: POLYTE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8276.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 302.00
  • Tax Lot: 13
  • TaxOtherAnnualAssessmentAmount: 161.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2024
Sold by
Jones Joseph S and Jones Kelly J
Bought by
Jones Trust and Joseph Scott And Kelly Jane Jones Revocable F
Current Estimated Value
$847,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$663,359
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$184,318

Purchase Details

Closed on
Apr 24, 2024
Sold by
Jsamj Inc
Bought by
Jones Joseph S and Jones Kelly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$663,359
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$184,318

Purchase Details

Listed on
Apr 26, 2023
Closed on
Aug 25, 2023
Sold by
River Trail Financial Llc
Bought by
Jsamj Inc
Seller's Agent
RAYMOND BALTAZAR
ELEVATE REAL ESTATE AGENCY
Buyer's Agent
RAYMOND BALTAZAR
ELEVATE REAL ESTATE AGENCY
List Price
$579,000
Sold Price
$495,000
Premium/Discount to List
-$84,000
-14.51%
Views
305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.10%

Purchase Details

Closed on
Aug 16, 2011
Sold by
Monzon Jose Alfredo and Monzon Sandra A
Bought by
Monzon Jose Alfredo and Monzon Sandra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,200
Interest Rate
4.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 19, 1998
Sold by
Development Secretary Of Housing & Urban
Bought by
Monzon Jose Alfredo and Monzon Sandra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,585
Interest Rate
6.58%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Jones Trust -- None Listed On Document
Jones Joseph S $900,000 Wfg Title Company
Jsamj Inc $510,000 None Listed On Document
Monzon Jose Alfredo -- Multiple
Monzon Jose Alfredo $68,000 Northern Counties Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Joseph S $675,000
Previous Owner Monzon Jose Alfredo $157,200
Previous Owner Monzon Jose Alfredo $67,585
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2023 08/30/23 Sold $495,000 -14.5% $248 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $579,000 0.0% $290 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
06/26/2023 06/26/23 Price Changed $579,000 -13.6% $290 / Sq Ft
04/26/2023 04/26/23 For Sale $670,000 -- $335 / 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 $5,734 $918,000 $142,800 $775,200
2023 $5,734 $198,865 $87,377 $111,488
2022 $2,330 $194,966 $85,664 $109,302
2021 $2,311 $191,144 $83,985 $107,159
2020 $2,295 $189,185 $83,124 $106,061
2019 $2,254 $185,477 $81,495 $103,982
2018 $2,212 $181,842 $79,899 $101,943
2017 $2,175 $178,278 $78,333 $99,945
2016 $2,017 $174,784 $76,798 $97,986
2015 $1,987 $172,161 $75,646 $96,515
2014 $1,968 $168,790 $74,165 $94,625
Source: Public Records

Agents Affiliated with this Home

  • RAYMOND BALTAZAR

    Seller's Agent in 2023

    RAYMOND BALTAZAR

    ELEVATE REAL ESTATE AGENCY

    (951) 318-8530

    1 in this area

    7 Total Sales

    RAYMOND BALTAZAR
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23070290

California Regional Multiple Listing Service (CRMLS)

APN: 214-282-009

California Riverside County Riverside 92501 Downtown Riverside

4338 University Ave, Riverside, CA

Not Listed for Sale

Detached

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