NOT LISTED FOR SALE

Estimated Value: $532,000 - $559,000

2 Beds
1 Bath
1,076 Sq Ft
$511/Sq Ft Est. Value

Last Sold December 13, 2022

Last sale price $468,000 $435 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,325/month

51 Days on Market

Highlights

  • Corner Lot
  • Neighborhood Views
  • Laundry Room
  • No HOA
  • Living Room
  • Central Heating and Cooling System

About This Home

As of December 2022

WOW! BIG PRICE REDUCTION! This turnkey 2 bedroom home is located in the highly desirable Magnolia Center neighborhood just minutes away from the Riverside Plaza, the Mission Inn Hotel and Downtown Riverside with plenty of choices for dining, shopping and entertainment! Featuring NEW carpet in the bedrooms and NEW waterproof vinyl flooring throughout the rest of the home, fresh interior paint, kitchen cabinets have a fresh coat of paint and NEW handles, NEW bathroom vanity, NEW ceiling fans in the bedrooms and dining room, laundry room conveniently located inside, Central AC and heating, and much more! If you are looking for a spacious lot with RV parking or enough space to build an ADU, then you have found THE perfect home! You could also turn the 2-car garage into an ADU and still have plenty of room to build another parking structure. Seller has blueprints for garage conversion plus adding 636 sqft to the house. Don't wait, come see this beautiful home today!

Last Agent to Sell the Property

Catalina Castaneda

Southland Homes License #01886731 Listed on: 09/24/2022

Co-Listed By

Walid Zafari

Southland Homes License #02032191

Last Buyer's Agent

Jessica Munz

WESTCOE REALTORS INC License #01793679

WESTCOE REALTORS INC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot
  • Front Yard
  • Property is zoned R1065

Parking

  • 2 Car Garage

Interior Spaces

  • 1,076 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 98
  • Tax Tract Number 9000
  • Assessor Parcel Number 226302047
  • $85 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Stove
  • Property Attached: No
  • View: Yes
  • Zoning: R1065
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 226302047
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1076.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 434.94
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 310.01
  • Tax Lot: 98
  • Tax Tract Number: 009000
  • TaxOtherAnnualAssessmentAmount: 85.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2022
Closed on
Nov 17, 2022
Sold by
David M Leonard Living Trust
Bought by
Lindsay Andrew and Lindsay Vanessa
Seller's Agent
Catalina Castaneda
Southland Homes
Buyer's Agent
Jessica Munz
WESTCOE REALTORS INC
List Price
$529,000
Sold Price
$468,000
Premium/Discount to List
-$61,000
-11.53%
Views
3
Current Estimated Value
$550,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,295
Avg. Annual Appreciation
5.45%
Original Mortgage
$260,000
Outstanding Balance
$251,423
Interest Rate
6.61%
Estimated Equity
$298,872

Purchase Details

Closed on
Jan 30, 2017
Sold by
Leonard David M
Bought by
Leonard David M

Purchase Details

Closed on
Jun 20, 2013
Sold by
Anderson Nick J and Anderson Renee L
Bought by
Leonard David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,721
Interest Rate
3.98%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 8, 2002
Sold by
Anderson Nick J and Anderson Renee L
Bought by
Anderson Nick J and Anderson Renee L

Purchase Details

Closed on
Oct 28, 1996
Sold by
Anderson Nick J
Bought by
Anderson Nick J and Anderson Renee L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lindsay Andrew $936,000 Usa National Title
Leonard David M -- None Available
Leonard David M $181,000 First American Title
Anderson Nick J -- --
Anderson Nick J -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindsay Andrew $260,000
Previous Owner Leonard David M $177,721
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2022 12/13/22 Sold $468,000 -2.3% $435 / Sq Ft
11/02/2022 11/02/22 Price Changed $479,000 -4.0% $445 / Sq Ft
10/20/2022 10/20/22 Price Changed $499,000 -5.7% $464 / Sq Ft
09/24/2022 09/24/22 For Sale $529,000 -- $492 / 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 $5,290 $486,907 $93,636 $393,271
2023 $5,290 $468,000 $90,000 $378,000
2022 $2,314 $209,073 $69,303 $139,770
2021 $2,293 $204,975 $67,945 $137,030
2020 $2,275 $202,874 $67,249 $135,625
2019 $2,231 $198,897 $65,931 $132,966
2018 $2,187 $194,998 $64,639 $130,359
2017 $2,147 $191,175 $63,372 $127,803
2016 $2,011 $187,428 $62,130 $125,298
2015 $1,981 $184,615 $61,198 $123,417
2014 $1,976 $181,000 $60,000 $121,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22208789

California Regional Multiple Listing Service (CRMLS)

APN: 226-302-047