NOT LISTED FOR SALE

Estimated Value: $605,000 - $655,000

3 Beds
2 Baths
1,480 Sq Ft
$433/Sq Ft Est. Value

Sale Details

Date Sold: June 14, 2023

Last sale price $625,000 $422 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,057 / mo

7 Days on Market

Highlights

  • Two Primary Bedrooms
  • Bonus Room
  • Living Room
  • Fireplace in Primary Bedroom
  • No HOA
  • Central Heating and Cooling System

About This Home

As of June 2023

Welcome to the gem you have all been waiting for. Are you tired of looking at worn out houses that are affordable in a good school district in the City of Riverside? Here is your chance to buy a home and live in the very sought out for neighborhood of the Magnolia Center. Close to shopping, entertainment and freeway access. This family loving friendly neighborhood is the area for you! Not only is there a home for sale in this desirable neighborhood it is COMPLETELY TURN KEY. The seller went through this home so meticulously to make sure the next owner can truly enjoy this craftsmanship of a home. Walk inside to fresh new floors and refurbished double sided fireplace that takes place into another bedroom. This house does not shy away from bathrooms. We have a bathroom for every bedroom. No more sharing the bathroom for all your kids and or in-laws. Freshly updated kitchen and laundry room before stepping outside into your generous of sized covered patio. Perfect for entertaining and celebrating all your milestones in life. Oversized detached garage that would be perfect to add another unit. Convert that into an ADU, Additional Dwelling Unit, create some passive income or move family into there. Seller was kind enough to add a fence to show its true potential of a 2 unit property. Being that it is so close to CBU, RCC, and UCR this could be the perfect opportunity for student housing as well. You will not want to sleep on this one, just inside of it or dreaming off all the money it can make you. Choice is yours!

Last Agent to Sell the Property

LEIGHTON SILVA

Tower Agency License #02023771 Listed on: 04/20/2023

Tower Agency

Last Buyer's Agent

LEIGHTON SILVA

Tower Agency License #02023771 Listed on: 04/20/2023

Tower Agency

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 10,454 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1065

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,480 Sq Ft Home
  • 1-Story Property
  • Two Way Fireplace
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Bonus Room
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • 2 Full Bathrooms

Additional Features

  • Rain Gutters
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 226231019
  • $5,201 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

10,454 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: R1065
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 226231019
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1480.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Family Room, Master Bedroom, Two Way
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 422.30
  • Room Type: Bonus Room, Entry, Family Room, Living Room, Two Masters

Exterior Features

  • 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: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10454.00
  • Lot Size Acres: 0.2400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10454.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 310.01
  • Tax Lot: 8
  • TaxOtherAnnualAssessmentAmount: 5201.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
May 4, 2023
Sold by
Crown Investments Inc
Bought by
Seller's Agent
LEIGHTON SILVA
Tower Agency
Buyer's Agent
LEIGHTON SILVA
Tower Agency
List Price
$605,000
Sold Price
$625,000
Premium/Discount to List
$20,000
3.31%
Views
46
Current Estimated Value
$629,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,702
Avg. Annual Appreciation
0.76%
Original Mortgage
$572,343
Outstanding Balance
$545,405
Interest Rate
5.28%
Mortgage Type
FHA
Estimated Equity
$94,954

Purchase Details

Closed on
Oct 20, 2022
Sold by
Wayne Belinda M
Bought by
Crown Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 1994
Sold by
Christensen Michael L and Christensen Laura M
Bought by
Hernandez Steven Z
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Magnolia Center, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$625,000 Usa National Title
Crown Investments Inc $375,000 Usa National Title
Hernandez Steven Z $130,000 First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $572,343
Previous Owner Crown Investments Inc $385,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/14/2023 06/14/23 Sold $625,000 0.0% $422 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/27/2023 04/27/23 Price Changed $625,000 +3.3% $422 / Sq Ft
04/20/2023 04/20/23 For Sale $605,000 -- $409 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,204 $663,254 $95,508 $567,746
2025 $6,966 $650,250 $93,636 $556,614
2023 $6,966 $443,142 $130,000 $313,142
2022 $10,131 $443,142 $92,750 $350,392
2021 $2,222 $198,599 $69,815 $128,784
2020 $2,204 $196,564 $69,100 $127,464
2019 $2,162 $192,711 $67,746 $124,965
2018 $2,119 $188,933 $66,418 $122,515
2017 $2,081 $185,229 $65,116 $120,113
2016 $1,948 $181,598 $63,840 $117,758
2015 $1,919 $178,872 $62,882 $115,990
2014 $1,900 $175,370 $61,651 $113,719
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23066873

California Regional Multiple Listing Service (CRMLS)

APN: 226-231-019

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