4858 Palo Verde Ln Riverside, CA 92501
Downtown Riverside NeighborhoodEstimated Value: $812,463 - $968,000
5
Beds
4
Baths
2,578
Sq Ft
$353/Sq Ft
Est. Value
Highlights
- River View
- 0.43 Acre Lot
- Hiking Trails
- Polytechnic High School Rated A-
- Wood Flooring
- Balcony
About This Home
As of September 2021First time on the market! This truly unique triplex is a hidden gem! You get the sense of getting away from the hustle and bustle of the city, while being only minutes away from schools, shopping, hospitals and just steps away from Ryan Bonaminio Park, Santa Ana riding trails and hiking Mount Rubidoux. 3 separate units settled in a quiet, calm and charming setting. All three units are completely separate and connected by brick pathways with little nooks and welcoming areas to relax along the way. Unit 1 is a 2 bedroom, 1 bath, with wall A/C. The second unit is a studio, with plenty of room to convert to a 1 bedroom and also has a wall A/C. The third and final unit is a 2 bedroom, 1.5 bath, two story unit with wood floors and an upper level featuring a recently updated downstairs bath and an upstairs bathroom that has had the sink, countertop, bathtub and walls glazed. This unit has central air and heat. All 3 units have new plumbing, tankless water heaters, exterior paint and clear section 1 termite. The possibilities are limitless! Also in Residential MLS#IV21067226
Last Agent to Sell the Property
WESTCOE REALTORS INC License #01823359 Listed on: 03/23/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,325
Year Built
- Built in 1938
Lot Details
- 0.43 Acre Lot
- No Common Walls
- Masonry wall
- Vinyl Fence
- Needs Fence Repair
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- Parking Available
- Two Garage Doors
- Driveway
- RV Potential
Property Views
- River
- Mountain
Home Design
- Triplex
- Composition Roof
Interior Spaces
- 2,578 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Termite Clearance
Kitchen
- Gas Oven
- Gas Cooktop
- Laminate Countertops
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Balcony
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Tankless Water Heater
- Cesspool
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 304
- Assessor Parcel Number 187070018
Community Details
Overview
- 3 Buildings
- 3 Units
- Mountainous Community
Recreation
- Hiking Trails
- Bike Trail
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 15, 2021
Sold by
Barrera Jolm Paul and Barrera Irene
Bought by
Primary Properties Llc
Total Days on Market
24
Current Estimated Value
Purchase Details
Closed on
May 5, 2021
Sold by
Tuxhorn William Thomas
Bought by
Barrera John Paul and Barrera Irene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,750
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 28, 2021
Sold by
Tuxhorn Lelia Elizabeth and Tuxhorn Melvin Leroy
Bought by
Tuxhorn Family Trust and Tuxhorn
Purchase Details
Closed on
Dec 8, 1997
Sold by
Tuxhorn Melvin L and Tuxhorn Lelia C
Bought by
Tuxhorn Melvin L and Tuxhorn Lelia E
Similar Homes in Riverside, CA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Primary Properties Llc | -- | None Available | |
| Barrera John Paul | $725,000 | Fidelity National Title Ie | |
| Tuxhorn Family Trust | -- | -- | |
| Tuxhorn Melvin L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Barrera John Paul | $528,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2021 09/03/21 | Sold | $725,000 | 0.0% | $281 / Sq Ft |
| 04/16/2021 04/16/21 | Pending | -- | -- | -- |
| 04/06/2021 04/06/21 | Off Market | $725,000 | -- | -- |
| 03/23/2021 03/23/21 | For Sale | $675,000 | -- | $262 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $8,325 | $739,500 | $184,620 | $554,880 |
| 2022 | $8,135 | $725,000 | $181,000 | $544,000 |
| 2021 | $1,006 | $82,249 | $16,872 | $65,377 |
| 2020 | $998 | $81,406 | $16,699 | $64,707 |
| 2019 | $981 | $79,811 | $16,372 | $63,439 |
| 2018 | $963 | $78,247 | $16,051 | $62,196 |
| 2017 | $947 | $76,714 | $15,737 | $60,977 |
| 2016 | $890 | $75,211 | $15,429 | $59,782 |
| 2015 | $877 | $74,084 | $15,199 | $58,885 |
| 2014 | $868 | $72,635 | $14,902 | $57,733 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Folsom
Seller's Agent in 2021
Laura Folsom
WESTCOE REALTORS INC
(951) 532-0091
2 in this area
56 Total Sales
-
Ives Lopez
Buyer's Agent in 2021
Ives Lopez
Apartment Investing Realty, Inc.
(909) 730-2545
1 in this area
31 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV21060766
APN: 187-070-018
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