NOT LISTED FOR SALE

5425 Corwin Ln Riverside, CA 92503

Arlanza Neighborhood

Estimated Value: $590,000 - $621,000

4 Beds
2 Baths
1,300 Sq Ft
$468/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $530,000 $408 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,750/month

2 Days on Market

Highlights

  • Mountain View
  • No HOA
  • 2 Car Direct Access Garage
  • Lawn
  • Covered Patio or Porch
  • Family Room Off Kitchen

About This Home

As of September 2021

Nicely remodeled 4 bedroom, two bath, one story family home close to the 91 fwy and Van Buren Blvd. This home is being sold by the original owners who have cared for it with exacting attention since 1960. There is a large family eat in kitchen with pantry, living room with fireplace, four nice sized bedrooms and two baths, one with tub and one with stall shower. The stall shower is new in the past 30 days with hot mop and new tiles from the drain to the ceiling. The home has been freshly painted, all interior doors have been upgraded with new 6 panel doors, the flooring and carpet is new as is the force air and heat system. Windows have been upgraded to dual pane vinyl windows. The exterior has a fairly new roof and exterior paint, the over sized lot is nicely landscaped and the back yard, which has storage building and a gazebo, is fully fenced. Termite work is done and the home is clear. The home is a three minute walk to a large city park, close to schools, shopping, fwy access to either the 91 or 60 fwys and is a couple miles from the Galleria at Tyler.

Last Agent to Sell the Property

Bill O'Rafferty

Bill O'Rafferty, Broker License #01404633 Listed on: 08/21/2021

Last Buyer's Agent

Olimpia Hernandez

A-Prime Real Estate Solutions License #02097286

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 8,712 Sq Ft Lot
  • Wood Fence
  • Fence is in average condition
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Sprinkler System
  • Lawn
  • Property is zoned R1065

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Driveway

Home Design

  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Awning
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Mountain Views
  • Gas Cooktop

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Jack-and-Jill Bathroom
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Shed

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 488
  • Assessor Parcel Number 151282002
  • $73 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R1065
  • Architectural Style: Ranch
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 151282002
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1300.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Family Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 407.69
  • Room Type: All Bedrooms Down, Jack & Jill
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Low Flow Shower, Shower

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Shed(s)
  • Exterior Features: Awning(s)
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Patio And Porch Features: Covered, Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Landscaped, Lawn, Level with Street, Rectangular Lot, Level, Sprinkler System
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8712.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 412.03
  • Tax Lot: 488
  • Tax Tract Number: 00000
  • TaxOtherAnnualAssessmentAmount: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2021
Closed on
Aug 30, 2021
Sold by
Lee Davis Jaque
Bought by
Edgar Davis Iii Paul
Seller's Agent
Bill O'Rafferty
Bill O'Rafferty, Broker
Buyer's Agent
Olimpia Hernandez
A-Prime Real Estate Solutions
List Price
$480,000
Sold Price
$530,000
Premium/Discount to List
$50,000
10.42%
Current Estimated Value
$608,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,179
Avg. Annual Appreciation
3.27%
Original Mortgage
$475,000
Outstanding Balance
$429,656
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$178,523

Purchase Details

Listed on
Aug 21, 2021
Closed on
Aug 27, 2021
Sold by
Edgar Davis Iii Paul and Edgar Eugene Davis
Bought by
Karla Islas Cabral
Seller's Agent
Bill O'Rafferty
Bill O'Rafferty, Broker
Buyer's Agent
Olimpia Hernandez
A-Prime Real Estate Solutions
List Price
$480,000
Sold Price
$530,000
Premium/Discount to List
$50,000
10.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$429,656
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$178,523

Purchase Details

Closed on
Jul 18, 2000
Sold by
Davis Paul E and Davis Freda M
Bought by
Davis Paul Edgar and Davis Freda M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Edgar Davis Iii Paul -- Usa National Title
Karla Islas Cabral $530,000 Usa National Title
Eugene Davis Ray -- Usa National Title
Marie Patton Rose -- Usa National Title
Davis Paul Edgar -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karla Islas Cabral $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2021 09/15/21 Sold $530,000 +10.4% $408 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/21/2021 08/21/21 For Sale $480,000 -- $369 / 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 $6,752 $562,439 $127,344 $435,095
2023 $6,752 $540,600 $122,400 $418,200
2022 $6,248 $530,000 $120,000 $410,000
2021 $720 $62,346 $14,144 $48,202
2020 $708 $61,707 $13,999 $47,708
2019 $698 $60,498 $13,725 $46,773
2018 $688 $59,312 $13,456 $45,856
2017 $675 $58,150 $13,193 $44,957
2016 $663 $57,011 $12,935 $44,076
2015 $652 $56,157 $12,742 $43,415
2014 $647 $55,059 $12,494 $42,565
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bill O'Rafferty

    Bill O'Rafferty, Broker

    Section Image
  • Olimpia Hernandez

    Buyer's Agent in 2021

    Olimpia Hernandez

    A-Prime Real Estate Solutions

    (424) 368-5933

    1 in this area

    9 Total Sales

    Olimpia Hernandez
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21182296

California Regional Multiple Listing Service (CRMLS)

APN: 151-282-002

California Riverside County Riverside 92503 Arlanza

5425 Corwin Ln, Riverside, CA

Not Listed for Sale

Detached

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