NOT LISTED FOR SALE

Estimated Value: $726,118 - $748,000

3 Beds
1.5 Baths
2,385 Sq Ft
$309/Sq Ft Est. Value

Last Sold May 09, 2018

Last sale price $460,000 $193 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,306/month

8 Days on Market

Highlights

  • 19,602 Sq Ft lot
  • No HOA
  • Family Room Off Kitchen
  • Wood Flooring
  • Open to Family Room
  • Bathtub with Shower

About This Home

As of May 2018

Charming 1937 cottage located in Riverside's Magnolia Center neighborhood and adjacent to the historic Wood Streets. The gable roof, recessed porch, and freshly painted wood siding provide for unique architecture elements, curb appeal, charm and and character for those that appreciate the Riverside's history. The home sits on a 1/2 acre lot and has a variety of mature fruit trees making for your own private orchard and plenty of space to plant your own garden. The interior of the home offers over 2,300 square feet, 3 bedrooms, 1.5 bathrooms, a formal living and dining room, and a expansive family room that opens to the kitchen. Original hardwood floors, large picture window, and fireplace are just a few of the original details from when Kiethley Construction built this cottage over 80 years ago. This home has a finished basement providing additional storage, play room and exercise room totaling 600+/- square feet (not included in square footage).

Last Agent to Sell the Property

Brent Lee

Tower Agency License #01292311 Listed on: 03/07/2018

Tower Agency

Co-Listed By

LAUREN LEE

Tower Agency License #01937725

Last Buyer's Agent

Brent Lee

Tower Agency License #01292311 Listed on: 03/07/2018

Tower Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 0.45 Acre Lot
  • Sprinklers on Timer
  • Density is up to 1 Unit/Acre
  • Property is zoned R1065

Parking

  • 2 Car Garage

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,385 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Finished Basement

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer Hookup

Schools

  • Magnolia Elementary School
  • Sierra Middle School
  • Ramona High School

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 72
  • Tax Tract Number 90
  • Assessor Parcel Number 225022006

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: R1065
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 225022006
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2385.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 600.00 Square Feet
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 192.87
  • Room Type: Basement, Family Room, Master Bedroom
  • Bathroom Features: Bathtub, Shower In Tub, Tile Counters
  • Room Kitchen Features: Kitchen Open To Family Room
  • Basement: Finished

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • Elementary School: Magnolia
  • High School: Ramona
  • Middle Or Junior School: Sierra
  • Elementary School #2: MAGNOL
  • High School2: RAMONA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 19602.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 311.00
  • Tax Lot: 72
  • Tax Tract Number: 0090

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2019
Sold by
Ballantyne Chris and Ballantyne Elizabeth
Bought by
Ballantyne Christopher and Ballantyne Elizabeth
Current Estimated Value
$738,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,500
Outstanding Balance
$326,537
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$411,493

Purchase Details

Listed on
Mar 7, 2018
Closed on
Mar 20, 2018
Sold by
Chelette Brian Andrew and Chelette Rikki Marie
Bought by
Ballantyne Chris and Ballantyne Elizabeth
Seller's Agent
Brent Lee
Tower Agency
Buyer's Agent
Brent Lee
Tower Agency
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$437,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2009
Sold by
Chelette Brian A and Chelette Rikki M
Bought by
Chelette Brian Andrew and Chelette Rikki Marie

Purchase Details

Closed on
Oct 25, 2007
Sold by
Griffin Anthony C and Griffin Ruth C
Bought by
Chelette Brian A and Chelette Rikki M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 1995
Sold by
Christensen Ruth M
Bought by
Griffin Anthony C and Griffin Ruth C

Purchase Details

Closed on
Jan 23, 1995
Sold by
Jeppson Gertrude K
Bought by
Christensen Ruth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
9.21%
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
Ballantyne Christopher -- First American Title Company
Ballantyne Chris -- Ticor Title Riverside
Chelette Brian Andrew -- None Available
Chelette Brian A $375,000 Fidelity National Title Co
Griffin Anthony C -- --
Christensen Ruth M $130,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballantyne Christopher $428,500
Previous Owner Ballantyne Chris $437,000
Previous Owner Chelette Brian A $350,000
Previous Owner Christensen Ruth M $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2018 05/09/18 Sold $460,000 +2.2% $193 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $450,000 -- $189 / 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 $5,682 $523,396 $102,402 $420,994
2023 $5,682 $503,075 $98,427 $404,648
2022 $5,553 $493,212 $96,498 $396,714
2021 $5,478 $483,542 $94,606 $388,936
2020 $5,436 $478,584 $93,636 $384,948
2019 $5,334 $469,200 $91,800 $377,400
2018 $4,848 $432,890 $144,295 $288,595
2017 $4,353 $388,000 $129,000 $259,000
2016 $3,961 $370,000 $123,000 $247,000
2015 $3,845 $359,000 $120,000 $239,000
2014 $3,636 $336,000 $112,000 $224,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18050775

California Regional Multiple Listing Service (CRMLS)

APN: 225-022-006