NOT LISTED FOR SALE

5494 Cedar St Riverside, CA 92509

Estimated Value: $619,000 - $717,787

3 Beds
2 Baths
1,438 Sq Ft
$474/Sq Ft Est. Value

Last Sold August 25, 2020

Last sale price $460,000 $320 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,000/month

146 Days on Market

Highlights

  • Horse Property
  • 1 Acre Lot
  • Granite Countertops
  • City Lights View
  • Corner Lot
  • No HOA

About This Home

As of August 2020

***Back on the market 06/06/20***ONE ACRE RANCH STYLE HOME/HORSE PROPERTY. ENCLOSED LARGE BONUS PATIO ROOM. OVERSIZE 2 CAR GARAGE WITH ENOUGH ROOM FOR A WORK SPACE. POSSIBLY TO BUILD ANOTHER HOME OR SUBDIVIDE LOT..... CLOSE TO FREEWAYS, SCHOOLS AND SHOPPING CENTERS.

Last Agent to Sell the Property

Jorge Posada

For Real Estate, Inc License #01229978 Listed on: 07/19/2019

Last Buyer's Agent

Lorenna Perez

Anomaly Real Estate License #02044500

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 1 Acre Lot
  • Rural Setting
  • Corner Lot
  • Front Yard Sprinklers
  • Garden
  • Density is up to 1 Unit/Acre
  • Property is zoned A-1-1/2

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Home Design

  • Composition Roof

Interior Spaces

  • 1,438 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • City Lights Views

Kitchen

  • Gas Oven
  • Free-Standing Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Horse Property
  • Fireplace in Patio

Utilities

  • Cooling Available
  • Central Heating
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 5 / 31
  • Tax Tract Number 28115
  • Assessor Parcel Number 162090018

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: A-1-1/2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 162090018
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1438.00 Square Feet
  • Interior Amenities: Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Patio, Gas
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 319.89
  • Room Type: Master Bedroom

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Oven, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Front Yard, Garden, Horse Property, Lot Over 40000 Sqft, Ranch, Sprinklers In Front, Sprinklers Manual
  • Lot Size Sq Ft: 43560.00
  • Lot Size Acres: 1.0000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 43560.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 31
  • Tax Census Tract: 404.03
  • Tax Lot: 5
  • Tax Tract Number: 028115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2019
Closed on
Jul 21, 2020
Sold by
Ledesma Tomas and Ledesma Veronica
Bought by
Torres Hector and Angulo Blanca I
Seller's Agent
Jorge Posada
For Real Estate, Inc
Buyer's Agent
Lorenna Perez
Anomaly Real Estate
List Price
$449,900
Sold Price
$460,000
Premium/Discount to List
$10,100
2.24%
Current Estimated Value
$681,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,197
Avg. Annual Appreciation
7.64%
Original Mortgage
$450,498
Outstanding Balance
$398,723
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$282,474

Purchase Details

Closed on
Jul 9, 2004
Sold by
Ledesma Tomas and Ledezma Veronica
Bought by
Ledesma Tomas and Ledezma Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
5.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 1, 2004
Sold by
Ledesma Tomas
Bought by
Ledesma Tomas and Ledesma Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
5.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 14, 2003
Sold by
Mosier Elizabeth
Bought by
Ledesma Tomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,755
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 1996
Sold by
Mosier George D and Mosier Elizabeth
Bought by
Mosier George D and Mosier Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Torres Hector $460,000 First American Title Company
Ledesma Tomas -- Orange Coast Title Company
Ledesma Tomas -- Orange Coast Title Company
Ledesma Tomas $211,000 Commonwealth Land Title Co
Mosier George D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Hector $450,498
Previous Owner Ledesma Tomas $236,250
Previous Owner Ledesma Tomas $168,755
Closed Ledesma Tomas $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2020 08/25/20 Sold $460,000 +2.2% $320 / Sq Ft
06/16/2020 06/16/20 For Sale $449,900 -2.2% $313 / Sq Ft
12/12/2019 12/12/19 Off Market $460,000 -- --
12/12/2019 12/12/19 Pending -- -- --
11/06/2019 11/06/19 Price Changed $449,900 0.0% $313 / Sq Ft
11/06/2019 11/06/19 For Sale $449,900 -2.2% $313 / Sq Ft
09/07/2019 09/07/19 Off Market $460,000 -- --
07/19/2019 07/19/19 For Sale $499,900 -- $348 / 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 $5,299 $497,917 $86,593 $411,324
2023 $5,299 $478,584 $83,232 $395,352
2022 $5,211 $469,200 $81,600 $387,600
2021 $5,549 $460,000 $80,000 $380,000
2020 $3,578 $279,406 $112,552 $166,854
2019 $3,216 $273,929 $110,346 $163,583
2018 $3,077 $268,559 $108,184 $160,375
2017 $2,888 $263,294 $106,063 $157,231
2016 $2,848 $258,133 $103,984 $154,149
2015 $2,809 $254,258 $102,423 $151,835
2014 $2,615 $249,279 $100,418 $148,861
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19173987

California Regional Multiple Listing Service (CRMLS)

APN: 162-090-018