NOT LISTED FOR SALE

Estimated Value: $467,062 - $702,000

2 Beds
1 Bath
1,222 Sq Ft
$463/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $446,750 $366 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,317/month

14 Days on Market

Highlights

  • No HOA
  • No Heating
  • 1-Story Property
  • Laundry Room
  • Back Yard

About This Home

As of July 2023

Check out this Downtown Riverside Duplex that's located within walking distance of the Riverside Community College and all the amenities of Downtown.
The main house was a two bedroom that was converted to a one bedroom, but by just adding a wall you can make it a two bedroom property once again. The unit is just a studio that has been empty for about 15 years. The backyard is a good size and has a large outdoor deck for relaxing and having summer barbecues. The electric box looks to have been upgraded and services both units. There are two gas meters as well. There is also a detached two car garage as well. The former tenant says the property has some plumbing issues but did not go into detail so buyers will need to do their due diligence. This is a probate sale that will require a 10% deposit and court confirmation.

Last Agent to Sell the Property

Craig Marson

First Team Real Estate License #01210177 Listed on: 03/27/2023

First Team Real Estate

Last Buyer's Agent

Hudson Sherr

eXp Realty of California, Inc. License #02166941

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 6,970 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2 Bedrooms
  • 1,222 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Outdoor Features

  • Exterior Lighting

Utilities

  • No Heating
  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 5 / 3
  • Assessor Parcel Number 219032005
  • $64 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: R1065
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 219032005
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 365.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 303.00
  • Tax Lot: 5
  • TaxOtherAnnualAssessmentAmount: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
Jul 11, 2023
Sold by
Morrison Pamela J
Bought by
Lavenant Shaun and Lavenant Brittany
Seller's Agent
Craig Marson
First Team Real Estate
Buyer's Agent
Hudson Sherr
eXp Realty of California, Inc.
List Price
$399,000
Sold Price
$446,750
Premium/Discount to List
$47,750
11.97%
Views
485
Current Estimated Value
$555,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,652
Avg. Annual Appreciation
10.03%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lavenant Shaun $447,000 Orange Coast Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2023 07/26/23 Sold $446,750 +12.0% $366 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $399,000 -- $327 / 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 $4,954 $455,685 $137,700 $317,985
2023 $4,954 $42,019 $16,415 $25,604
2022 $523 $41,196 $16,094 $25,102
2021 $534 $40,389 $15,779 $24,610
2020 $530 $39,976 $15,618 $24,358
2019 $521 $39,193 $15,312 $23,881
2018 $512 $38,425 $15,013 $23,412
2017 $504 $37,672 $14,719 $22,953
2016 $476 $36,934 $14,431 $22,503
2015 $469 $36,381 $14,215 $22,166
2014 $464 $35,671 $13,938 $21,733
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23043824

California Regional Multiple Listing Service (CRMLS)

APN: 219-032-005