Teresa Gorman
Fiduciary Real Estate Services
(949) 569-5182
80 Total Sales
1 in Magnolia Center
$455,000 Price
5055 Central Ave Riverside, CA 92504
Magnolia Center NeighborhoodEstimated Value: $940,889
3
Beds
2
Baths
2,941
Sq Ft
$320/Sq Ft
Est. Value
Highlights
- Horse Property
- RV Access or Parking
- View of Trees or Woods
- In Ground Pool
- Gated Parking
- 81,893 Sq Ft lot
About This Home
As of December 2017Honey.Stop.The.Car!!! This is it!!! Location Location Location in the beautiful city of Riverside!!! Priced to sell!!!Originally built in 1946, upgraded to an entertainment property in the 1960s on almost 2 acres of land opportunity with front and private back access. Minutes to Downtown Riverside and the majestic Mission Inn Hotel & Spa, Riverside City College, University of California Riverside, shopping, dining and entertainment. Beautifully manicured landscaping in the front with circular driveway. With the right creative mind, vision and some TLC, this beauty can be brought back to its glory days. Separate rental unit in the back with potential rental income. Approx. 2,000 sqft workshop with 2 pole auto lift, rolling gantry, separately sectioned office with air conditioning, fully plumbed with air lines. Amble garage parking and RV parking. Pool with slide and diving board, pool house, changing rooms, bathroom, kitchen and barbeque. Yard has lots of fruit trees, all on automatic drip irrigation system.
Last Agent to Sell the Property
RE/MAX TIME REALTY License #01859331 Listed on: 09/20/2017
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Home Details
Home Type
- Single Family
Year Built
- Built in 1946
Lot Details
- 1.88 Acre Lot
- Drip System Landscaping
- Lawn
- Garden
- Back and Front Yard
- Property is zoned R1065
Parking
- 5 Car Garage
- Parking Available
- Workshop in Garage
- Tandem Uncovered Parking
- Three Garage Doors
- Gated Parking
- RV Access or Parking
Property Views
- Woods
- Peek-A-Boo
- Neighborhood
Home Design
- Cosmetic Repairs Needed
Interior Spaces
- 2,941 Sq Ft Home
- 1-Story Property
- Central Vacuum
- Formal Entry
- Family Room
- Living Room with Fireplace
- Workshop
- Eat-In Kitchen
- Laundry Room
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Outdoor Features
- In Ground Pool
- Horse Property
Utilities
- Central Heating and Cooling System
- Conventional Septic
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 1
- Assessor Parcel Number 226100003
Community Details
Recreation
- Horse Trails
Additional Features
- No Home Owners Association
- Laundry Facilities
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
Closed on
Mar 9, 2021
Sold by
Martinez Jose L
Bought by
Current Estimated Value
Purchase Details
Listed on
Sep 20, 2017
Closed on
Dec 4, 2017
Sold by
Sipos Tamara Suzanne
Bought by
Martinez Jose L
Seller's Agent
Tamer Youssef
RE/MAX TIME REALTY
Buyer's Agent
Tamer Youssef
RE/MAX TIME REALTY
List Price
$589,888
Sold Price
$540,000
Premium/Discount to List
-$49,888
-8.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
Original Mortgage
$33,000
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 27, 2012
Sold by
Watson Terry T
Bought by
Watson Terry T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,150
Interest Rate
3.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 28, 2007
Sold by
Watson Terry T
Bought by
Watson Terry T and The Terent Trust
Purchase Details
Closed on
Aug 25, 1993
Sold by
Palmer Ramona
Bought by
Watson Terry T
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Magnolia Center, CA
-
Teresa Gorman
-
MARLENE FRAUSTO
MARLENE FRAUSTO
REALTY ONE GROUP ROADS
(562) 414-6743
36 Total Sales
1 in Magnolia Center
$310,000 Price
-
Kitty Ho
Kitty Ho
Wetrust Realty
(626) 784-7203
104 Total Sales
1 in Magnolia Center
$645,000 Price
-
Colt Maloney
Colt Maloney
Figure 8 Realty
(213) 513-7683
58 Total Sales
1 in Magnolia Center
$520,000 Price
-
Eduardo Franco
Eduardo Franco
ALTICORE REALTY
(951) 441-3688
126 Total Sales
1 in Magnolia Center
$618,000 Price
-
Susanne Hove
Susanne Hove
Keller Williams Realty Riv
(951) 470-2435
140 Total Sales
3 in Magnolia Center
$560K - $660K Price Range
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 |
|---|---|---|---|
| -- | None Available | ||
| Martinez Jose L | $540,000 | Lawyers Title Ie | |
| Watson Terry T | -- | Title Source | |
| Watson Terry T | -- | Title Source | |
| Watson Terry T | -- | None Available | |
| Watson Terry T | -- | First American Title Insuran |
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 | $470,000 | ||
| Closed | Martinez Jose L | $33,000 | |
| Closed | Martinez Jose L | $424,000 | |
| Previous Owner | Watson Terry T | $158,150 | |
| Previous Owner | Watson Terry T | $160,000 | |
| Previous Owner | Watson Terry L | $50,000 | |
| Previous Owner | Watson Terry T | $15,000 | |
| Previous Owner | Watson Terry T | $140,000 | |
| Previous Owner | Watson Terry T | $224,000 |
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 |
|---|---|---|---|---|
| 12/15/2017 12/15/17 | Sold | $540,000 | -8.5% | $184 / Sq Ft |
| 10/06/2017 10/06/17 | Pending | -- | -- | -- |
| 09/20/2017 09/20/17 | For Sale | $589,888 | -- | $201 / 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 | $6,816 | $626,712 | $150,874 | $475,838 |
| 2025 | $6,591 | $614,424 | $147,916 | $466,508 |
| 2023 | $6,591 | $590,567 | $142,173 | $448,394 |
| 2022 | $6,438 | $578,988 | $139,386 | $439,602 |
| 2021 | $6,346 | $567,636 | $136,653 | $430,983 |
| 2020 | $6,298 | $561,816 | $135,252 | $426,564 |
| 2019 | $6,193 | $550,800 | $132,600 | $418,200 |
| 2018 | $6,134 | $540,000 | $130,000 | $410,000 |
| 2017 | $3,403 | $302,417 | $130,327 | $172,090 |
| 2016 | $3,185 | $296,488 | $127,772 | $168,716 |
| 2015 | $3,138 | $292,036 | $125,853 | $166,183 |
| 2014 | $3,107 | $286,318 | $123,389 | $162,929 |
Source: Public Records
Agents Affiliated with this Home
-
Tamer Youssef
Seller's Agent in 2017
Tamer Youssef
RE/MAX
(714) 240-7196
37 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV17218221
APN: 226-100-003
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.
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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