NOT LISTED FOR SALE

Estimated Value: $519,000 - $643,000

3 Beds
2 Baths
1,560 Sq Ft
$372/Sq Ft Est. Value

Last Sold August 15, 2013

Last sale price $240,000 $154 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $3,255/month

23 Days on Market

About This Home

As of August 2013

Great investment opportunity! Special architecture design Duplex. Fully leased. Has two different addresses and in a very convenient location! Minutes away from Riverisde City College, Downtown Riverside, Metrolink Station and UC Riverside. Completely remodeled in 2010 with new kitchen, roof, windows, floors and new paint inside and out. Corner lot with good lot size. Each unit has their own yard. 2-car detached garage. Comfortable spacious units. DRIVE BY ONLY! DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Lin Chang

A + Realty & Mortgage License #01871998 Listed on: 05/22/2013

A + Realty & Mortgage

Co-Listed By

May Ngo

A + Realty & Mortgage License #01881625

Last Buyer's Agent

David Franco

MGR REAL ESTATE, INC. License #01333075

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • 1,560 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • No Heating
  • Shared Septic

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 304
  • Assessor Parcel Number 219116016

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Water Sewer Expense $360
  • New Taxes Expense $2,843
  • Gross Income $1,550
  • Net Operating Income $18,240

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

7,405 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 360.00
  • Property Type: Residential Income
  • Parcel Number: 219116016
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 153.85

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Sewer: Shared Septic
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Gross Income: 1550.00
  • Gross Scheduled Income: 18600.00
  • Insurance Expense: 800.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 18240.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 360.00
  • Rent Control: No
  • Total Actual Rent: 1550.00

Tax Info

  • New Taxes Expense: 2843.00
  • Tax Lot: 3
  • Tax Tract Number: 0304
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2023
Sold by
Toda James Daniel and Toda Michelle Phuong
Bought by
Toda Family Trust
Current Estimated Value
$579,836

Purchase Details

Listed on
May 22, 2013
Closed on
Jul 19, 2013
Sold by
Meseha Sylvia
Bought by
Meseha Malak
Seller's Agent
Lin Chang
A + Realty & Mortgage
Buyer's Agent
David Franco
MGR REAL ESTATE, INC.
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$180,000
Interest Rate
4.28%
Mortgage Type
Commercial

Purchase Details

Listed on
May 22, 2013
Closed on
Jun 25, 2013
Sold by
Meseha Malak
Bought by
Toda Jim Daniel and Toda Michelle Phuong
Seller's Agent
Lin Chang
A + Realty & Mortgage
Buyer's Agent
David Franco
MGR REAL ESTATE, INC.
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 2010
Sold by
Wells Fargo Bank National Association
Bought by
Meseha Malak

Purchase Details

Closed on
Feb 10, 2010
Sold by
Jackson Jeffrey E
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Aug 24, 2005
Sold by
Jackson Joan L
Bought by
Jackson Jeffrey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,500
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 19, 2005
Sold by
Kallen Roy M Vander and Kumar Raj
Bought by
Jackson Jeffrey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,500
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 31, 2004
Sold by
Kallen Melissa Bernice Vander
Bought by
Kallen Roy M Vander and Kallen Roy Marvin Vander

Purchase Details

Closed on
Aug 20, 2004
Sold by
Kumar Santosh
Bought by
Kumar Raj

Purchase Details

Closed on
Aug 3, 2004
Sold by
Cole Kathryn A
Bought by
Kumar Raj and Kumar Santosh
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
Toda Family Trust -- --
Meseha Malak -- First American Title Co La
Toda Jim Daniel $240,000 First American Title Company
Meseha Malak $122,000 Fidelity National Title
Wells Fargo Bank National Association $114,767 None Available
Jackson Jeffrey E -- Southland Title Corporation
Jackson Jeffrey E -- Southland Title Corporation
Jackson Jeffrey E -- Southland Title Corporation
Jackson Jeffrey E -- Southland Title Corporation
Kallen Roy M Vander -- Fntic
Kumar Raj -- Fntic
Kumar Raj $235,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toda Jim Daniel $180,000
Previous Owner Jackson Jeffrey E $33,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2013 08/15/13 Sold $240,000 -4.0% $154 / Sq Ft
06/14/2013 06/14/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $250,000 -- $160 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,221 $294,190 $98,060 $196,130
2023 $3,221 $282,768 $94,253 $188,515
2022 $3,149 $277,224 $92,405 $184,819
2021 $3,115 $271,790 $90,594 $181,196
2020 $3,091 $269,005 $89,666 $179,339
2019 $3,034 $263,731 $87,908 $175,823
2018 $2,975 $258,561 $86,186 $172,375
2017 $2,923 $253,493 $84,497 $168,996
2016 $2,737 $248,524 $82,841 $165,683
2015 $2,698 $244,794 $81,598 $163,196
2014 $2,673 $240,000 $80,000 $160,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR13096815

California Regional Multiple Listing Service (CRMLS)

APN: 219-116-016

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