R
Seller's Agent in 2017
Ray Kottapalli
Ray Kottapalli
(562) 659-4518
30 Total Sales
4437 University Ave Riverside, CA 92501
Downtown Riverside NeighborhoodEstimated Value: $1,002,000 - $1,184,000
1
Bed
1
Bath
3,800
Sq Ft
$286/Sq Ft
Est. Value
Highlights
- Lawn
- No HOA
- Laundry Room
- Polytechnic High School Rated A-
- Cooling System Mounted To A Wall/Window
- Floor Furnace
About This Home
As of December 2017First time home buyers dream. Investors delight. This 4plex is on historic scenic route, in the heart of riverside, surrounded by eye catching historic buildings. Walk-able to down town Metro, Malls, Hospitals, Parks, the famous Mt Rubidoux. All units have very desirable floor plans with hardwood floors. Personal washer, dryer &Refrigerator in each unit, like in a condo. All units come with 1 car garage. This 4plex is what exactly you have been looking for located in the most desirable riverside residential area. Very large units, 950 sqft each. Very rare to find.
Last Agent to Sell the Property
Ray Kottapalli License #00978654 Listed on: 08/07/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,709
Year Built
- Built in 1920
Lot Details
- 7,850 Sq Ft Lot
- Two or More Common Walls
- West Facing Home
- Front and Back Yard Sprinklers
- Lawn
- Garden
Parking
- 4 Car Garage
- Parking Available
- Rear-Facing Garage
- Single Garage Door
Home Design
- Quadruplex
Interior Spaces
- 3,800 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Utilities
- Cooling System Mounted To A Wall/Window
- Floor Furnace
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas, telephone
- Legal Lot and Block 220 / 220
- Tax Tract Number 11
- Assessor Parcel Number 214220011
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Insurance Expense $1,000
- Trash Expense $2,000
- Water Sewer Expense $2,500
- New Taxes Expense $7,150
- Operating Expense $13,000
- Gross Income $50,400
- Net Operating Income $37,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 7, 2017
Closed on
Dec 11, 2017
Sold by
Rodriguez Elizabeth Marie
Bought by
Rodriguez Brandon Jubal
Seller's Agent
Ray Kottapalli
Ray Kottapalli
Buyer's Agent
Kevin Gonzalez
eXp Realty of Southern California Inc
List Price
$675,000
Sold Price
$630,000
Premium/Discount to List
-$45,000
-6.67%
Total Days on Market
75
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
$455,585
Avg. Annual Appreciation
6.67%
Original Mortgage
$446,250
Outstanding Balance
$379,201
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$642,233
Purchase Details
Listed on
Aug 7, 2017
Closed on
Nov 8, 2017
Sold by
Doraiswamy Mohan and Padige Srinivas
Bought by
Rodriguez Brandon Jubal
Seller's Agent
Ray Kottapalli
Ray Kottapalli
Buyer's Agent
Kevin Gonzalez
eXp Realty of Southern California Inc
List Price
$675,000
Sold Price
$630,000
Premium/Discount to List
-$45,000
-6.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Outstanding Balance
$379,201
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$642,233
Purchase Details
Closed on
Aug 28, 2005
Sold by
Sambasivam Shanthi
Bought by
Pugazhenthi Jegadeesan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 25, 2005
Sold by
Padige Anuradha
Bought by
Padige Srinivas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 15, 2005
Sold by
Maclachlan Bruce D and Maclachlan Mary Ann
Bought by
Doraiswamy Mohan and Pedige Srinivas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 3, 2005
Sold by
Maclachlan Bruce D and Maclachlan Mary Ann G
Bought by
Maclachlan Bruce D and Maclachlan Mary Ann
Purchase Details
Closed on
May 1, 2003
Sold by
Maclachlan Bruce D and Maclachlan Mary Ann
Bought by
Maclachlan Bruce D and Maclachlan Mary Ann G
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 |
|---|---|---|---|
| Rodriguez Brandon Jubal | -- | Old Republic Title Company | |
| Rodriguez Brandon Jubal | $618,500 | Old Republic Title Company | |
| Pugazhenthi Jegadeesan | -- | Old Republic Title Co | |
| Padige Srinivas | -- | Old Republic Title Co | |
| Doraiswamy Mohan | -- | Old Republic Title Co | |
| Doraiswamy Asokan | -- | Old Republic Title Company | |
| Subramanian Saravanapandian | -- | Old Republic Title Co | |
| Doraiswamy Mohan | $600,000 | Old Republic Title Co | |
| Maclachlan Bruce D | -- | -- | |
| Maclachlan Bruce D | -- | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rodriguez Brandon Jubal | $446,250 | |
| Previous Owner | Doraiswamy Mohan | $119,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2017 12/15/17 | Sold | $630,000 | -6.7% | $166 / Sq Ft |
| 08/07/2017 08/07/17 | For Sale | $675,000 | -- | $178 / 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 |
|---|---|---|---|---|
| 2023 | $7,709 | $676,116 | $218,724 | $457,392 |
| 2022 | $7,536 | $662,862 | $214,439 | $448,423 |
| 2021 | $7,428 | $649,866 | $210,235 | $439,631 |
| 2020 | $7,370 | $643,204 | $208,080 | $435,124 |
| 2019 | $7,232 | $630,593 | $204,000 | $426,593 |
| 2018 | $7,095 | $618,229 | $200,000 | $418,229 |
| 2017 | $5,557 | $441,001 | $115,763 | $325,238 |
| 2016 | $4,889 | $441,001 | $115,763 | $325,238 |
| 2015 | $4,666 | $420,000 | $110,250 | $309,750 |
| 2014 | $4,496 | $400,000 | $105,000 | $295,000 |
Source: Public Records
Agents Affiliated with this Home
-
Ray Kottapalli
-
Kevin Gonzalez
Buyer's Agent in 2017
Kevin Gonzalez
eXp Realty of Southern California Inc
(909) 590-8853
121 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW17182204
APN: 214-220-011
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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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