NOT LISTED FOR SALE

5265 Palm Ave Riverside, CA 92506

Grand Neighborhood

Estimated Value: $669,000 - $721,000

3 Beds
2 Baths
1,799 Sq Ft
$386/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $329,900 $183 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $4,141/month

43 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Covered Patio or Porch
  • Polytechnic High School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of August 2014

This home was totally remodeled and enlarged in 2005. Home now has: 3 bedrooms, 2 full bathrooms, hardwood floors in 2 bedrooms and hallway. Family room with computer area, indoor laundry room, large master bedroom with 2 closets. One of these closets is a walk in closet. Also has Central Heat and Air conditioning and approx. 9 year old roof. Attached 2 car garage with roll up door and auto door opener. Both bathrooms are updated and some updating was done in the kitchen which has walk in pantry. Green front and rear lawns with auto sprinklers. There is a paved cement basketball court in large green back yard. Also nice covered patio and more. Come see it today!

Last Agent to Sell the Property

Kevin O'Neill

RE/MAX HORIZON License #00815583 Listed on: 07/02/2014

RE/MAX HORIZON

Last Buyer's Agent

Kevin O'Neill

RE/MAX HORIZON License #00815583 Listed on: 07/02/2014

RE/MAX HORIZON

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,245

Year Built

  • Built in 1941

Lot Details

  • 0.28 Acre Lot
  • Front Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,799 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Mountain Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 205
  • Tax Tract Number 7
  • Assessor Parcel Number 217224017

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,245

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 217224017
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1799.00
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 183.38
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 12197.00
  • Lot Size Acres: 0.2800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12197.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 205
  • Tax Tract Number: 007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2014
Closed on
Jul 21, 2014
Sold by
Lance Thomas W and Lance Carol M
Bought by
Gundrum Kaia and Gundrum Scott
Seller's Agent
Kevin O'Neill
RE/MAX HORIZON
Buyer's Agent
Kevin O'Neill
RE/MAX HORIZON
List Price
$329,900
Sold Price
$329,900
Current Estimated Value
$695,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,223
Avg. Annual Appreciation
6.78%
Original Mortgage
$313,405
Outstanding Balance
$239,755
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$438,470

Purchase Details

Closed on
May 4, 2008
Sold by
Lance Daniel and Lance Alyssa
Bought by
Lance Thomas W and Lance Carol M

Purchase Details

Closed on
Feb 2, 2004
Sold by
Tocco Ralph R and Tenney Adrienne
Bought by
Lance Daniel and Lance Alyssa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.62%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 29, 2001
Sold by
Ventura Jorge
Bought by
Tocco Ralph R and Tenney Adrienne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,929
Interest Rate
6.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 1999
Sold by
Hightower Thomas
Bought by
Ventura Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,599
Interest Rate
7.51%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 1998
Sold by
Hud
Bought by
Hightower Thomas

Purchase Details

Closed on
Sep 17, 1998
Sold by
Hightower Vicki
Bought by
Hightower Thomas

Purchase Details

Closed on
Mar 20, 1998
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Sep 11, 1997
Sold by
Sanchez Salvador and Lemus Carmen
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Apr 21, 1994
Sold by
Cisneros Henry G
Bought by
Sanchez Salvador and Lemus Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,491
Interest Rate
8.1%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 1993
Sold by
Nationsbanc Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Nov 24, 1993
Sold by
T D Service Company
Bought by
Nationsbanc Mtg Corp and Ncnb Mtg Corp
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
Gundrum Kaia $330,000 Title365
Lance Thomas W -- None Available
Lance Daniel $200,000 Fntic
Tocco Ralph R $134,000 Lawyers Title Company
Ventura Jorge $50,000 First American Title Co
Hightower Thomas $49,500 American Title
Hightower Thomas -- American Title
Hud -- First American Title Ins Co
Norwest Mtg Inc $90,440 First American Title Ins Co
Sanchez Salvador $164,000 World Title
Hud -- Fidelity National Title Ins
Nationsbanc Mtg Corp $93,018 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gundrum Kaia $313,405
Previous Owner Lance Daniel $275,000
Previous Owner Lance Daniel $40,000
Previous Owner Lance Daniel $180,000
Previous Owner Tocco Ralph R $131,929
Previous Owner Ventura Jorge $99,599
Previous Owner Sanchez Salvador $80,491
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2014 08/22/14 Sold $329,900 0.0% $183 / Sq Ft
08/14/2014 08/14/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $329,900 -- $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 $4,245 $396,603 $60,089 $336,514
2023 $4,245 $381,204 $57,756 $323,448
2022 $4,146 $373,730 $56,624 $317,106
2021 $4,093 $366,403 $55,514 $310,889
2020 $4,062 $362,647 $54,945 $307,702
2019 $3,984 $355,537 $53,868 $301,669
2018 $3,905 $348,566 $52,812 $295,754
2017 $3,834 $341,732 $51,777 $289,955
2016 $3,587 $335,032 $50,762 $284,270
2015 $3,535 $330,000 $50,000 $280,000
2014 $2,830 $254,476 $57,987 $196,489
Source: Public Records

Agents Affiliated with this Home

  • Kevin O'Neill

    Seller's Agent in 2014

    Kevin O'Neill

    RE/MAX

    (951) 774-1300

    6 Total Sales

    Section Image
  • Brent Lee

    Buyer Co-Listing Agent in 2014

    Brent Lee

    Tower Agency

    (951) 369-8002

    1 in this area

    103 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14139251

California Regional Multiple Listing Service (CRMLS)

APN: 217-224-017

California Riverside County Riverside 92504 Grand

5265 Palm Ave, Riverside, CA

This home is located at 5265 Palm Ave, Riverside, CA 92506 since 02 July 2014 and is currently estimated at $695,123, approximately $386 per square foot. This property was built in 1941. 5265 Palm Ave is a home located in Riverside County with nearby schools including Magnolia Elementary School, Central Middle School, and Polytechnic High School.

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.

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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