NOT LISTED FOR SALE

4798 Elderwood Ct Riverside, CA 92501

Downtown Riverside Neighborhood

Estimated Value: $1,004,000 - $1,722,000

8 Beds
7 Baths
4,037 Sq Ft
$311/Sq Ft Est. Value

Last Sold September 20, 2017

Last sale price $570,000 $141 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $7,415/month

10 Days on Market

Highlights

  • Lawn
  • No HOA
  • Wood Fence
  • Polytechnic High School Rated A-
  • Laundry Room
  • 3-minute walk to Ryan Bonaminio Park

About This Home

As of September 2017

A must-see 1 story 4-plex in a good neighborhood that includes: 1st unit 3/2, 2nd unit 2/2, 3rd unit 2/2, 4th unit 1/1. Walking distance to park, schools and stores. Each unit has 1 carport & lots of parking on the street. Laundry room for extra income. 5 electric meter, 5 gas meters and 1 water meter.

Last Agent to Sell the Property

Martin Cueva

Advance Realty License #01103656 Listed on: 07/28/2017

Last Buyer's Agent

Martin Cueva

Advance Realty License #01103656 Listed on: 07/28/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,127

Year Built

  • Built in 1965

Lot Details

  • 10,126 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Lawn

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 4,037 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 2
  • Tax Tract Number 2605
  • Assessor Parcel Number 217130006

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $56,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,127

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: R3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 217130006
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 141.19

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10126.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 56400.00
  • Gross Scheduled Income: 56400.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 4700.00

Tax Info

  • Tax Census Tract: 302.00
  • Tax Lot: 2
  • Tax Tract Number: 2605

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2020
Sold by
Zepeda Fernando
Bought by
Gomez Francisco
Current Estimated Value
$1,254,333

Purchase Details

Closed on
Mar 1, 2019
Sold by
Zepeda Fernando
Bought by
Fernando Zepeda Living Trust

Purchase Details

Listed on
Jul 28, 2017
Closed on
Sep 13, 2017
Sold by
Williams Leona C
Bought by
Gomez Francisco and Zepeda Fernando
Seller's Agent
Martin Cueva
Advance Realty
Buyer's Agent
Martin Cueva
Advance Realty
List Price
$564,900
Sold Price
$570,000
Premium/Discount to List
$5,100
0.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.44%
Original Mortgage
$400,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 28, 2017
Closed on
Aug 4, 2017
Sold by
Gomez Rodriguez Miriam
Bought by
Gomez Francisco
Seller's Agent
Martin Cueva
Advance Realty
Buyer's Agent
Martin Cueva
Advance Realty
List Price
$564,900
Sold Price
$570,000
Premium/Discount to List
$5,100
0.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 1999
Sold by
Williams Leona
Bought by
Williams Leona C

Purchase Details

Closed on
Jun 10, 1998
Sold by
Hud
Bought by
Williams Leona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,100
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 25, 1998
Sold by
Crossland Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Oct 22, 1997
Sold by
Morrell Jordan
Bought by
Crossland Mtg Corp

Purchase Details

Closed on
Jun 22, 1995
Sold by
Hud
Bought by
Jordan Morrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,238
Interest Rate
7.62%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 1994
Sold by
Gmac Mtg Corp Of Iowa
Bought by
Hud
Source: Public Records

Range of Values:

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
Gomez Francisco $90,500 Orange Coast Title Company
Gomez Francisco -- Orange Coast Title Company
Fernando Zepeda Living Trust -- None Available
Gomez Francisco $570,000 Chicago Title Company
Gomez Francisco -- Chicago Title Company
Williams Leona C -- --
Williams Leona $202,000 Gateway Title Company
Hud -- Benefit Land Title Ins Co
Crossland Mtg Corp $172,022 Benefit Land Title Ins Co
Jordan Morrell $160,000 Stewart Title Company
Hud -- Chicago Title Company
Gmac Mtg Corp Of Pa $155,420 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Francisco $546,000
Previous Owner Gomez Francisco $400,000
Previous Owner Williams Leona C $100,000
Previous Owner Williams Leona $203,100
Previous Owner Jordan Morrell $156,238
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2017 09/20/17 Sold $570,000 +0.9% $141 / Sq Ft
08/07/2017 08/07/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $564,900 -- $140 / 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 $7,127 $648,512 $170,760 $477,752
2023 $7,127 $623,331 $164,130 $459,201
2022 $6,967 $611,110 $160,912 $450,198
2021 $6,870 $599,170 $157,676 $441,494
2020 $6,818 $593,028 $156,060 $436,968
2019 $6,691 $581,400 $153,000 $428,400
2018 $6,562 $570,000 $150,000 $420,000
2017 $3,043 $253,932 $81,039 $172,893
2016 $2,857 $248,953 $79,450 $169,503
2015 $6,445 $245,215 $78,257 $166,958
2014 $2,788 $240,414 $76,725 $163,689
Source: Public Records

Agents Affiliated with this Home

  • Martin Cueva

    Seller's Agent in 2017

    Martin Cueva

    Advance Realty

    (714) 240-2559

    140 Total Sales

    Martin Cueva
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17173879

California Regional Multiple Listing Service (CRMLS)

APN: 217-130-006

California Riverside County Riverside 92501 Downtown Riverside

4798 Elderwood Ct, Riverside, CA

This home is located at 4798 Elderwood Ct, Riverside, CA 92501 since 28 July 2017 and is currently estimated at $1,254,333, approximately $310 per square foot. This property was built in 1965. 4798 Elderwood Ct is a home located in Riverside County with nearby schools including Magnolia Elementary School, Central Middle School, and Polytechnic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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

Nearby Homes