NOT LISTED FOR SALE

Estimated Value: $733,544

4 Beds
4 Baths
2,196 Sq Ft
$334/Sq Ft Est. Value

Sale Details

Date Sold: June 21, 2018

Last sale price $445,000 $203 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,471 / mo

7 Days on Market

Highlights

  • Mountain View
  • Living Room
  • Mountainous Community
  • Traditional Architecture
  • Tile Flooring
  • Landscaped

About This Home

As of June 2018

Welcome to this charming duplex in the city of Riverside. Located in one of the most desirable areas of the city. Both units are well
maintained!! One of the units is currently tenant occupied.
Spacious Living Room with huge windows that Brightens up the home. The living room opens up to the kitchen which
has plenty of cabinet space . Large Master bedroom and bath in both units. Nice covered Patio in the back yard with plenty of tress
which provide shade for those hot summer days! ! Backyard is Perfect for entertainment and family gatherings. Separate room in the back for washer and dryer. Shared 2 car garage, 1 other parking space provided for each unit.

Great location near
the University of California, Riverside and great for commuters with access to the 215, 60, and 91 Freeways. Come take a look at
this wonderful property, you will not regret it!This is your opportunity to get into a home that will be turn key at closing!

Last Agent to Sell the Property

Danny Gomes

LEGACY REALTY PARTNERS, INC License #01715849 Listed on: 05/09/2018

Last Buyer's Agent

Christian Maldonado

RE/MAX TIME REALTY License #01992768

RE/MAX TIME REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Fence is in average condition
  • Landscaped
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Land Lease

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Assigned Parking

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Traditional Architecture
  • Property Attached
  • Turnkey
  • Shake Roof

Interior Spaces

  • 2,196 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Laundry Located Outside

Kitchen

  • Microwave
  • Formica Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, telephone
  • Tax Lot 19
  • Assessor Parcel Number 215050016

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Mountainous Community

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,500
  • Insurance Expense $1,146
  • Pest Control $340
  • Trash Expense $780
  • New Taxes Expense $746
  • Operating Expense $4,512
  • Gross Income $12,000
  • Net Operating Income $7,488

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

7,405 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: R1065
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 1500.00
  • Parcel Number: 215050016
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 202.64
  • Room Type: Family Room, Kitchen, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • View: Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Pool Private: No
  • Roof: Shake

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage Faces Rear
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Outside
  • Pest Control Expense: 340.00
  • Sewer: Public Sewer
  • Trash Expense: 780.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Mountainous, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped
  • Lot Size Sq Ft: 7405.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Telephone

Multi Family

  • Gross Income: 12000.00
  • Gross Scheduled Income: 12000.00
  • Insurance Expense: 1146.00
  • Net Operating Income: 7488.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 4512.00
  • Rent Control: No
  • Total Expenses: 4512.00

Tax Info

  • New Taxes Expense: 746.00
  • Tax Area: 0090000
  • Tax Census Tract: 302.00
  • Tax Lot: 19
  • Tax Tract Number: UNK

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
May 18, 2018
Sold by
Bought by
Seller's Agent
Danny Gomes
LEGACY REALTY PARTNERS, INC
Buyer's Agent
Christian Maldonado
RE/MAX TIME REALTY
List Price
$429,800
Sold Price
$445,000
Premium/Discount to List
$15,200
3.54%
Current Estimated Value
$733,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,544
Avg. Annual Appreciation
7.27%
Original Mortgage
$116,400
Outstanding Balance
$98,507
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$687,795

Purchase Details

Closed on
Mar 8, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 11, 2004
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$445,000 Lawyers Title Company
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $116,400
Previous Owner $100,000
Previous Owner $99,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/21/2018 06/21/18 Sold $445,000 +3.5% $203 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $429,800 -- $196 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,684 $516,454 $87,041 $429,413
2025 $5,497 $506,329 $85,335 $420,994
2023 $5,497 $486,670 $82,022 $404,648
2022 $5,372 $477,128 $80,414 $396,714
2021 $5,300 $467,774 $78,838 $388,936
2020 $5,260 $462,978 $78,030 $384,948
2019 $5,161 $453,900 $76,500 $377,400
2018 $4,893 $69,654 $13,907 $55,747
2017 $769 $68,289 $13,635 $54,654
2016 $723 $66,951 $13,368 $53,583
2015 $711 $65,947 $13,168 $52,779
2014 $702 $64,658 $12,911 $51,747
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18109392

California Regional Multiple Listing Service (CRMLS)

APN: 215-050-016

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