NOT LISTED FOR SALE

4705 Mitchell Ave Riverside, CA 92505

La Sierra Neighborhood

Estimated Value: $569,831 - $723,000

5 Beds
3 Baths
1,800 Sq Ft
$374/Sq Ft Est. Value

Last Sold August 30, 2012

Last sale price $190,000 $106 Per Sq Ft

Est. 254% increase in value since last sale

Current estimated payment $3,851/month

74 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Wall Furnace
  • Laundry Room

About This Home

As of August 2012

Fantastic opportunity for investor or owner user! This is an amazing income producing property located on a quiet street in desirable Riverside. Two 2bd/1ba units with their own yards and parking currently rented at $800/mo. The front house is currently vacant and move in ready featuring fresh paint, tile floors throughout, updated fixtures, kitchen with stone countertops, and bathroom with new vanity. Detached garage with laundry. Just sit back and collect the rents! Don’t miss, email offers now!

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 06/08/2012

Last Buyer's Agent

Mike McQuade

Citivest Realty Services, Inc License #01086915

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,209

Year Built

  • Built in 1924

Lot Details

  • 9,583

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,800 Sq Ft Home
  • Tile Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • 9,583 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 143020001

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $1,600
  • Net Operating Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,209

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Other Phone Description: Office
  • Other Phone Number: 866-640-3040
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 143020001
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 105.56

Exterior Features

  • Roof: Composition, Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage, Individual Room

Lot Info

  • Lot Size Sq Ft: 9583.00
  • Lot Size Acres: 0.2200

Multi Family

  • Gross Income: 1600.00
  • Gross Scheduled Income: 19200.00
  • Lot Size Area: 9583.0000 Square Feet
  • Net Operating Income: 19200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 3
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2014
Sold by
Horian James
Bought by
Horian James G and James G Horian Living Trust
Current Estimated Value
$672,708

Purchase Details

Listed on
Jun 8, 2012
Closed on
Aug 28, 2012
Sold by
Mid Cal Realty Services Inc
Bought by
Horian James
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Mike McQuade
Citivest Realty Services, Inc
List Price
$219,900
Sold Price
$190,000
Premium/Discount to List
-$29,900
-13.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.18%

Purchase Details

Listed on
Jun 8, 2012
Closed on
Jul 13, 2012
Sold by
West Ridge Rentalls Llc
Bought by
Mid Cal Realty Services Inc
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Mike McQuade
Citivest Realty Services, Inc
List Price
$219,900
Sold Price
$190,000
Premium/Discount to List
-$29,900
-13.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2012
Sold by
Skyline Vista Equities Llc
Bought by
West Ridge Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 16, 2012
Sold by
Gallegos Maria
Bought by
Skyline Vista Equities Llc

Purchase Details

Closed on
Feb 14, 2008
Sold by
San Diego Midtown Property Llc
Bought by
Gallegos Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,237
Interest Rate
5.65%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 14, 2005
Sold by
Geras Nicholas A and Geras Corinne L
Bought by
San Diego Midtown Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.3%
Mortgage Type
Commercial
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
Horian James G -- None Available
Horian James $190,000 Title 365
Mid Cal Realty Services Inc -- Title 365
West Ridge Rentals Llc -- Advantage Title Inc
Skyline Vista Equities Llc $136,184 Advantage Title Inc
Gallegos Maria $370,000 None Available
San Diego Midtown Properties Llc $502,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner West Ridge Rentals Llc $140,000
Previous Owner Gallegos Maria $262,237
Previous Owner Jimenez Jesus $358,750
Previous Owner Jimenez Jesus $140,000
Previous Owner San Diego Midtown Properties Llc $260,000
Previous Owner Geras Nicholas A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2012 08/30/12 Sold $190,000 -13.6% $106 / Sq Ft
08/21/2012 08/21/12 Pending -- -- --
06/08/2012 06/08/12 For Sale $219,900 -- $122 / 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 $3,209 $264,743 $73,878 $190,865
2023 $3,209 $254,464 $71,010 $183,454
2022 $2,971 $249,475 $69,618 $179,857
2021 $2,930 $244,584 $68,253 $176,331
2020 $2,883 $242,077 $67,554 $174,523
2019 $2,846 $237,331 $66,230 $171,101
2018 $2,807 $232,679 $64,932 $167,747
2017 $2,755 $228,117 $63,659 $164,458
2016 $2,711 $223,645 $62,411 $161,234
2015 $2,671 $220,288 $61,475 $158,813
2014 $2,662 $215,975 $60,272 $155,703
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Polly Watts

    Sundae Homes

    Section Image

  • M

    Buyer's Agent in 2012

    Mike McQuade

    Citivest Realty Services, Inc

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: W12072038

California Regional Multiple Listing Service (CRMLS)

APN: 143-020-001

California Riverside County Riverside 92505 La Sierra

4705 Mitchell Ave, Riverside, CA

This home is located at 4705 Mitchell Ave, Riverside, CA 92505 since 08 June 2012 and is currently estimated at $672,708, approximately $373 per square foot. This property was built in 1924. 4705 Mitchell Ave is a home located in Riverside County with nearby schools including Myra Linn Elementary School, Arizona Middle School, and La Sierra High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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