Seller's Agent in 2014
Barry Hildebrandt
WESTCOE REALTORS INC
(951) 321-9336
1 in this area
13 Total Sales
5164 Olivewood Ave Riverside, CA 92506
Wood Streets NeighborhoodEstimated Value: $965,261 - $1,299,000
8
Beds
4
Baths
3,577
Sq Ft
$294/Sq Ft
Est. Value
Highlights
- No HOA
- Laundry Room
- Wood Fence
- Polytechnic High School Rated A-
- Forced Air Heating and Cooling System
About This Home
As of March 2014The Claystone apartment complex is located within walking distance from Riverside Community College, The Riverside Plaza, and Downtown Riverside. Must purchase this 4-plex along with the contiguous 4-plex at 5174 Olivewood Ave at $458,000 for a total price of $916,000. This is your chance to own two 4-unit, multi-family apartment complex. This property is unique because of the fact that it sits on two separate assessor parcel numbers, which means you would be able to obtain two separate 30-year fully amortized loans, as opposed to one 20-year commercial loan. Residences have access to the on site laundry facilities, as well as a private parking lot in the rear of the complex. All units are 2 bedrooms with central air and heat.
Last Agent to Sell the Property
WESTCOE REALTORS INC License #00639004 Listed on: 12/18/2013
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,078
Year Built
- Built in 1966
Lot Details
- 6,750 Sq Ft Lot
- Lot Dimensions are 50 x 135
- Two or More Common Walls
- Wood Fence
- Block Wall Fence
Home Design
- 3,577 Sq Ft Home
- Property Attached
- Slab Foundation
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 7 Parking Spaces
- 3 Carport Spaces
Additional Features
- Laundry Room
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 194
- Tax Tract Number 12345
- Assessor Parcel Number 219175004
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $656
- Insurance Expense $1,000
- Maintenance Expense $1,830
- Pest Control $464
- Supplies Expense $600
- Trash Expense $788
- Water Sewer Expense $472
- New Taxes Expense $4,983
- Gross Income $3,050
- Net Operating Income $24,381
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 8, 2024
Sold by
Schoonover Gregory A and Schoonover Renee J
Bought by
Schoonover Family Trust and Schoonover
Current Estimated Value
Purchase Details
Listed on
Dec 18, 2013
Closed on
Feb 21, 2014
Sold by
Hildebrandt L Louise
Bought by
Schoonover Gregory A and Schoonover Renee J
Seller's Agent
Barry Hildebrandt
WESTCOE REALTORS INC
Buyer's Agent
Raul Vega
Bankers Investment Group Inc.
List Price
$458,000
Sold Price
$450,000
Premium/Discount to List
-$8,000
-1.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$315,000
Interest Rate
4.25%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 17, 2008
Sold by
Hildebrandt E Sam and Louise Hildebrandt L
Bought by
Hildebrandt Sam and Hildebrandt Louise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.58%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 5, 2004
Sold by
Hildebrandt E Sam and Louise Hildebrandt L
Bought by
Hildebrandt E Sam and Louise Hildebrandt L
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 |
|---|---|---|---|
| Schoonover Family Trust | -- | None Listed On Document | |
| Schoonover Gregory A | $450,000 | Stewart Title Riverside | |
| Hildebrandt Sam | -- | Fidelity National Title Co | |
| Hildebrandt E Sam | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Schoonover Gregory A | $315,000 | |
| Previous Owner | Hildebrandt Sam | $210,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/26/2014 03/26/14 | Sold | $450,000 | -1.7% | $126 / Sq Ft |
| 02/01/2014 02/01/14 | Pending | -- | -- | -- |
| 12/18/2013 12/18/13 | For Sale | $458,000 | -- | $128 / 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 |
|---|---|---|---|---|
| 2025 | $6,078 | $551,626 | $122,579 | $429,047 |
| 2023 | $6,078 | $530,208 | $117,820 | $412,388 |
| 2022 | $5,942 | $519,812 | $115,510 | $404,302 |
| 2021 | $5,861 | $509,621 | $113,246 | $396,375 |
| 2020 | $5,817 | $504,396 | $112,085 | $392,311 |
| 2019 | $5,709 | $494,507 | $109,888 | $384,619 |
| 2018 | $5,599 | $484,812 | $107,735 | $377,077 |
| 2017 | $5,501 | $475,307 | $105,623 | $369,684 |
| 2016 | $5,153 | $465,988 | $103,552 | $362,436 |
| 2015 | $5,080 | $458,991 | $101,998 | $356,993 |
| 2014 | $2,936 | $254,800 | $80,577 | $174,223 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Buyer's Agent in 2014
Raul Vega
Bankers Investment Group Inc.
(949) 699-2999
131 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV13249287
APN: 219-175-004
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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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