NOT LISTED FOR SALE

4870 El Molino Ave Riverside, CA 92504

Magnolia Center Neighborhood

Estimated Value: $690,000 - $839,000

4 Beds
3 Baths
2,400 Sq Ft
$307/Sq Ft Est. Value

Last Sold July 22, 2016

Last sale price $426,000 $178 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,293/month

12 Days on Market

Highlights

  • Art Studio
  • Granite Countertops
  • Home Office
  • Open Floorplan
  • No HOA
  • 2 Car Attached Garage

About This Home

As of July 2016

Here's a great opportunity to own a truly unique property in a great neighborhood. This 1952 built home features a 3 bedroom 2 bath main house w/ an attached mother in law quarters that includes a living area, nice sized bedroom, and small area w/ an under counter refrigerator and sink. There is also an office that could be easily made into a 5th bedroom. Attached to the house is an additional 450 square foot permitted art studio/office that could be used for just about anything... 6th bedroom?. The main residence and mother in law quarters have new paint, flooring, baseboards, and look absolutely stunning! Kitchen features granite counter tops, built in appliances, and a giant island w/ breakfast bar. This truly awesome property sits on a huge 12,632 square foot lot, so there's plenty of room for entertaining and plenty of room to add a pool if desired. Come see this unique property and all it has to offer.

Last Agent to Sell the Property

Kevin Ellstrom

GUARDIAN REALTY SERVICES INC License #01179921 Listed on: 05/18/2016

Last Buyer's Agent

RAMONITA COLON

REDFIN License #01862530

REDFIN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,294

Year Built

  • Built in 1952

Lot Details

  • 0.29 Acre Lot
  • Landscaped
  • Front Yard Sprinklers
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Turnkey
  • Composition Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Entryway
  • Family Room with Fireplace
  • Home Office
  • Art Studio

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Rain Gutters
  • Urban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 2
  • Assessor Parcel Number 226202003

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,294

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 226202003
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2400.00
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, In Kitchen
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 177.50
  • Room Type: Art Studio, Entry, Family Room, Master Bedroom, Office
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Urban

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lot 10000-19999 Sqft, Sprinklers In Front
  • Lot Size Sq Ft: 12632.00
  • Price Per Lot Square Foot: 33.72

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
Jun 2, 2016
Sold by
Stout Scott E and Stout Marie
Bought by
Delcampo Francisco Martin and Delcampo Martha Martin
Seller's Agent
Kevin Ellstrom
GUARDIAN REALTY SERVICES INC
Buyer's Agent
RAMONITA COLON
REDFIN
List Price
$439,900
Sold Price
$426,000
Premium/Discount to List
-$13,900
-3.16%
Current Estimated Value
$735,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,841
Avg. Annual Appreciation
6.08%
Original Mortgage
$427,599
Interest Rate
3.56%
Mortgage Type
VA

Purchase Details

Closed on
Mar 23, 2001
Sold by
Stout Scott E and Stout Ann Marie
Bought by
Stout Scott E and Stout Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,950
Interest Rate
7.06%

Purchase Details

Closed on
May 2, 1994
Sold by
Jung Jay H and Jung Ann H
Bought by
Stout Scott E and Stout Ann Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,029
Interest Rate
8.83%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Delcampo Francisco Martin $426,000 Fnt Ie
Stout Scott E -- Chicago Title Co
Stout Scott E $125,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delcampo Francisco Martin $427,599
Previous Owner Stout Scott E $120,950
Previous Owner Stout Scott E $124,029
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2016 07/22/16 Sold $426,000 -3.2% $178 / Sq Ft
05/30/2016 05/30/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $439,900 -- $183 / 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 $5,294 $494,403 $81,238 $413,165
2023 $5,294 $475,207 $78,085 $397,122
2022 $5,171 $465,890 $76,554 $389,336
2021 $5,101 $456,755 $75,053 $381,702
2020 $5,062 $452,073 $74,284 $377,789
2019 $4,965 $443,210 $72,828 $370,382
2018 $4,867 $434,520 $71,400 $363,120
2017 $4,779 $426,000 $70,000 $356,000
2016 $2,676 $249,706 $64,597 $185,109
2015 $2,637 $245,958 $63,628 $182,330
2014 $2,610 $241,142 $62,383 $178,759
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kevin Ellstrom

    GUARDIAN REALTY SERVICES INC

    (951) 534-0888

    2 in this area

    52 Total Sales

    Kevin Ellstrom
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16105819

California Regional Multiple Listing Service (CRMLS)

APN: 226-202-003

California Riverside County Riverside 92504 Magnolia Center

4870 El Molino Ave, Riverside, CA

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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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