NOT LISTED FOR SALE

Estimated Value: $431,000 - $579,000

2 Beds
1 Bath
848 Sq Ft
$602/Sq Ft Est. Value

Last Sold December 28, 2022

Last sale price $275,000 $324 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,051/month

38 Days on Market

Highlights

  • Wooded Lot
  • Neighborhood Views
  • 1 Car Attached Garage
  • No HOA
  • Covered Patio or Porch
  • Bathtub

About This Home

As of December 2022

Seasoned Investors Delight! Seize the opportunity to bring this vintage home either back to its original grandeur or use your creative vision to update. This single story 2 bedroom, 1 bath is located in the desirable Magnolia Center area of Riverside. Close to schools, shopping, parks, freeways and entertainment. Assessor shows 2 baths, but one bath converted into inside laundry. Utilities are currently off and will not be turned back on for investigation period. Cash offers only!

Last Agent to Sell the Property

Laura Folsom

WESTCOE REALTORS INC License #01823359 Listed on: 10/21/2022

WESTCOE REALTORS INC

Last Buyer's Agent

Laura Folsom

WESTCOE REALTORS INC License #01823359 Listed on: 10/21/2022

WESTCOE REALTORS INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,973

Year Built

  • Built in 1946

Lot Details

  • 6,970 Sq Ft Lot
  • Wood Fence
  • Wooded Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1065

Parking

  • 1 Car Attached Garage

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 848 Sq Ft Home
  • 1-Story Property
  • Brick Wall or Ceiling
  • Living Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 29 / B
  • Assessor Parcel Number 226251017
  • $85 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,973

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: R1065
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 226251017
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 848.00 Square Feet
  • Interior Amenities: Brick Walls
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 324.29
  • Room Type: Living Room
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Available, Natural Gas Not Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Treed Lot
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: B
  • Tax Census Tract: 310.01
  • Tax Lot: 29
  • TaxOtherAnnualAssessmentAmount: 85.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Dec 6, 2022
Sold by
Mapes Rodney
Bought by
Mapes Melissa
Seller's Agent
Laura Folsom
WESTCOE REALTORS INC
Buyer's Agent
Laura Folsom
WESTCOE REALTORS INC
List Price
$440,000
Sold Price
$275,000
Premium/Discount to List
-$165,000
-37.5%
Views
21
Current Estimated Value
$510,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,451
Avg. Annual Appreciation
26.21%

Purchase Details

Listed on
Oct 21, 2022
Closed on
Nov 28, 2022
Sold by
Weaver Elizabeth
Bought by
Takeno Meredith and Mapes Melissa
Seller's Agent
Laura Folsom
WESTCOE REALTORS INC
Buyer's Agent
Laura Folsom
WESTCOE REALTORS INC
List Price
$440,000
Sold Price
$275,000
Premium/Discount to List
-$165,000
-37.5%
Views
21

Purchase Details

Closed on
May 7, 2012
Sold by
Family Trust Of Mary Ann Houston
Bought by
Weaver Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,671
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 1999
Sold by
Houston Mary A
Bought by
Houston Mary Ann and Family Trust Of Mary Ann Houston
Source: Public Records

Range of Values:

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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
Mapes Melissa -- First American Title
Takeno Meredith -- First American Title
Takeno Meredith $275,000 First American Title
Weaver Elizabeth -- Stewart Title Company
Houston Mary Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weaver Elizabeth $157,800
Previous Owner Weaver Elizabeth $148,600
Previous Owner Weaver Elizabeth $129,731
Previous Owner Weaver Elizabeth $113,671
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2022 12/28/22 Sold $275,000 -37.5% $324 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $440,000 -- $519 / 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 $3,973 $364,140 $93,636 $270,504
2023 $3,973 $350,000 $90,000 $260,000
2022 $4,683 $415,000 $90,000 $325,000
2021 $708 $62,901 $15,200 $47,701
2020 $702 $62,257 $15,045 $47,212
2019 $689 $61,037 $14,750 $46,287
2018 $675 $59,841 $14,461 $45,380
2017 $663 $58,669 $14,178 $44,491
2016 $623 $57,519 $13,900 $43,619
2015 $613 $56,658 $13,693 $42,965
2014 $605 $55,550 $13,426 $42,124
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22227285

California Regional Multiple Listing Service (CRMLS)

APN: 226-251-017