NOT LISTED FOR SALE

5422 Locklan Ct Riverside, CA 92507

Estimated Value: $636,000 - $680,000

3 Beds
2.5 Baths
1,862 Sq Ft
$354/Sq Ft Est. Value

Last Sold June 26, 2014

Last sale price $286,000 $154 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,868/month

54 Days on Market

Highlights

  • City Lights View
  • No HOA
  • 2 Car Attached Garage
  • Private Yard
  • Cul-De-Sac
  • Foothills

About This Home

As of June 2014

BACK ON MARKET!!! BANK WANTS IT SOLD NOW -- HURRY, Don't Miss This Rare Opportunity to own A 3BD, 2BA, nearly 2000 sq. foot, end of cul-de-sac, Riverside view home! With multiple upgrades this home is close to schools, shopping, entertainment, parks, freeways and more -- it won't last long at this price -- make your offer today!

Last Agent to Sell the Property

Wayne Furlong

Exit Alliance Realty License #01917663 Listed on: 04/21/2014

Co-Listed By

Laura Ukoli

Exit Alliance Realty License #01864447

Exit Alliance Realty

Last Buyer's Agent

Laura Ukoli

Exit Alliance Realty License #01864447

Exit Alliance Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,863

Year Built

  • Built in 1999

Lot Details

  • 6,098 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped
  • Paved or Partially Paved Lot
  • Corners Of The Lot Have Been Marked
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Hills
  • Neighborhood

Interior Spaces

  • 1,862 Sq Ft Home
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 22408
  • Assessor Parcel Number 256402009

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,863

Year Built

Built in 1999

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: 256402009
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1862.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 153.60
  • Room Type: All Bedrooms Up

Exterior Features

  • View: City Lights, Hills, Neighborhood
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Heating Type: Central, Forced Air
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Foothills, Sidewalks, Street Lights, Suburban

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac, Corners Marked, Front Yard, Lawn, Landscaped, Paved, Yard
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6098.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 51
  • Tax Tract Number: 22408

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2014
Closed on
May 16, 2014
Sold by
Sommer Castellanos Alison and Castellanos Jason R
Bought by
Chaudhari Jivanbhai B and Chaudhari Menaben J
Seller's Agent
Wayne Furlong
Exit Alliance Realty
Buyer's Agent
Laura Ukoli
Exit Alliance Realty
List Price
$249,900
Sold Price
$286,000
Premium/Discount to List
$36,100
14.45%
Current Estimated Value
$647,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,536
Avg. Annual Appreciation
7.78%
Original Mortgage
$228,800
Outstanding Balance
$174,343
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$484,009

Purchase Details

Closed on
Jul 27, 2007
Sold by
Sommer Castellanos Alison and Castellanos Jason
Bought by
Sommercast Investments Llc

Purchase Details

Closed on
Apr 23, 2007
Sold by
Sommer Castellanos Alison
Bought by
Castellanos Jason and Sommer Castellanos Alison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 1999
Sold by
Tava Development Company
Bought by
Sommer Alison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,092
Interest Rate
7.51%
Mortgage Type
FHA
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
Chaudhari Jivanbhai B $286,000 Title 365
Sommer Castellanos Alison -- Title 365
Sommercast Investments Llc -- Accommodation
Castellanos Jason -- New Century Title Company Or
Sommer Alison $165,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaudhari Jivanbhai B $228,800
Previous Owner Castellanos Jason $352,500
Previous Owner Sommer Alison $139,034
Previous Owner Sommer Alison $203,000
Previous Owner Sommer Alison $163,092
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2014 06/26/14 Sold $286,000 +14.4% $154 / Sq Ft
04/21/2014 04/21/14 For Sale $249,900 -12.6% $134 / Sq Ft
04/18/2014 04/18/14 Off Market $286,000 -- --
03/02/2014 03/02/14 For Sale $249,900 -12.6% $134 / Sq Ft
02/28/2014 02/28/14 Off Market $286,000 -- --
02/26/2014 02/26/14 For Sale $249,900 -- $134 / 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 $3,863 $350,584 $122,579 $228,005
2023 $3,863 $336,972 $117,820 $219,152
2022 $3,768 $330,365 $115,510 $214,855
2021 $3,718 $323,889 $113,246 $210,643
2020 $3,688 $320,569 $112,085 $208,484
2019 $3,696 $314,285 $109,888 $204,397
2018 $3,625 $308,124 $107,735 $200,389
2017 $3,560 $302,083 $105,623 $196,460
2016 $3,336 $296,160 $103,552 $192,608
2015 $3,288 $291,714 $101,998 $189,716
2014 $2,402 $206,863 $37,607 $169,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW14040630

California Regional Multiple Listing Service (CRMLS)

APN: 256-402-009