NOT LISTED FOR SALE

Estimated Value: $1,271,000 - $2,271,000

0.25 Acre
$7,615,534 Price per Acre
10,799 Sq Ft Lot

Last Sold September 16, 2022

Last sale price $1,275,000 $775 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $11,398/month

About This Lot

As of September 2022

REDEVELOPMENT OPPORTUNITY: The property currently consists of a duplex plus a large storage structure with approximately 80' of frontage along Riverton Ave, per assessor. Though the front structure is in excellent, rent ready condition, the highest and best use for the property would be as a redevelopment.

Last Agent to Sell the Property

Braemon Hanes

Hanes Investment Rlty License #01230427 Listed on: 06/03/2022

Last Buyer's Agent

Braemon Hanes

Hanes Investment Rlty License #01230427 Listed on: 06/03/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,067

Lot Details

  • 10,799 Sq Ft Lot
  • Density is 2-5 Units/Acre
  • Property is zoned LAR3

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 2416011026
  • $446 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$16,067

Lot Details

0

Listing Details

  • View: No
  • Zoning: LAR3
  • Property Type: Land
  • Parcel Number: 2416011026
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 118.07

Utilities

  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 10799.00
  • Lot Size Acres: 0.2479
  • Latitude Manual: 34.16723100

Multi Family

  • Lot Size Area: 10799.0000 Square Feet

Tax Info

  • Tax Census Tract: 1253.21
  • Tax Lot: 14
  • TaxOtherAnnualAssessmentAmount: 446.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Sep 2, 2022
Sold by
Gomez Mejia Bonifacio
Bought by
Nexuswest Llc
Seller's Agent
Braemon Hanes
Hanes Investment Rlty
Buyer's Agent
Braemon Hanes
Hanes Investment Rlty
List Price
$1,695,000
Sold Price
$1,275,000
Premium/Discount to List
-$420,000
-24.78%
Views
5
Current Estimated Value
$1,887,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$612,891
Avg. Annual Appreciation
14.22%
Original Mortgage
$637,000
Outstanding Balance
$609,058
Interest Rate
4.99%
Mortgage Type
Seller Take Back
Estimated Equity
$1,290,869

Purchase Details

Closed on
Nov 22, 2021
Sold by
Grau Bill and The James & Pia Jackson Living
Bought by
Mejia Bonifacio Gomez

Purchase Details

Closed on
Dec 2, 2015
Sold by
Balcom Joseph and Weisfeld Jeff
Bought by
Rosewood Avenue Solutions Llc

Purchase Details

Closed on
Apr 13, 2015
Sold by
Jackson Pia and James & Pia Jackson Living Tru
Bought by
Jackson Pia and James & Pia Jackson Living Tru

Purchase Details

Closed on
May 1, 2014
Sold by
Jackson James and Jackson Pia
Bought by
Jackson James and James & Pia Jackson Living Tru

Purchase Details

Closed on
May 26, 2011
Sold by
Jackson James and Jackson Pia
Bought by
Jackson James and Jackson Pia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,900
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2010
Sold by
Jackson James and Jackson Pia
Bought by
Jackson James and Jackson Pia

Purchase Details

Closed on
Aug 20, 1998
Sold by
Burkhart Marlene C
Bought by
Jackson James and Jackson Pia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.93%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nexuswest Llc $1,275,000 Lawyers Title
Mejia Bonifacio Gomez -- None Available
Rosewood Avenue Solutions Llc $525,000 Lawyers Title Company
Jackson Pia -- None Available
Jackson James -- None Available
Jackson James -- First American Title Company
Jackson James -- None Available
Jackson James -- None Available
Jackson James $50,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nexuswest Llc $637,000
Previous Owner Jackson James $189,900
Previous Owner Jackson James $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $1,275,000 -24.8% $775 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $1,695,000 -- $1,030 / 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 $16,067 $1,326,510 $925,956 $400,554
2024 $16,067 $1,300,500 $907,800 $392,700
2023 $15,757 $1,275,000 $890,000 $385,000
2022 $12,930 $1,070,000 $900,000 $170,000
2021 $3,220 $235,975 $159,303 $76,672
2020 $3,246 $233,556 $157,670 $75,886
2019 $3,132 $228,978 $154,579 $74,399
2018 $2,915 $224,490 $151,549 $72,941
2016 $2,773 $215,774 $145,665 $70,109
2015 $2,735 $212,533 $143,477 $69,056
2014 $2,759 $208,371 $140,667 $67,704
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22119150

California Regional Multiple Listing Service (CRMLS)

APN: 2416-011-026