NOT LISTED FOR SALE

5498 Babb Ave Riverside, CA 92503

Arlanza Neighborhood

Estimated Value: $521,000 - $528,782

3 Beds
1.5 Baths
1,176 Sq Ft
$446/Sq Ft Est. Value

Last Sold September 26, 2014

Last sale price $250,000 $213 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,044/month

72 Days on Market

Highlights

  • Corner Lot
  • 2 Car Attached Garage
  • Central Air
  • No HOA
  • Living Room

About This Home

As of September 2014

*PRICE JUST REDUCED* - Very nice house in the corner of a nice and quiet neighborhood. Minutes to Mall and 91 Freeway, to Riverside Downtown and Corona. Just walk to drop your children to a new remodeled elementary school. Property has been rehabbed: new carpet, paint, range, hood, doors, shower heads, fixtures, etc. front yard with gate for security.

Last Agent to Sell the Property

Steve Nguyen

Premier Options Realty License #01463300 Listed on: 05/19/2014

Last Buyer's Agent

VICTORIA VALDEZ

DYNASTY REAL ESTATE License #01430683

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,176 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Suburban Location

Utilities

  • Central Air
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 101
  • Tax Tract Number 2
  • Assessor Parcel Number 147091008

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 147091008
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1176.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 212.59
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 101
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2014
Closed on
Aug 7, 2014
Sold by
Fannie Mae
Bought by
Ledesma Luis F and Ledesma Martina
Seller's Agent
Steve Nguyen
Premier Options Realty
Buyer's Agent
VICTORIA VALDEZ
DYNASTY REAL ESTATE
List Price
$262,900
Sold Price
$250,000
Premium/Discount to List
-$12,900
-4.91%
Current Estimated Value
$524,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,446
Avg. Annual Appreciation
6.79%
Original Mortgage
$245,471
Interest Rate
4.09%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 2014
Sold by
Limas Jorge and Limas Beatriz
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 9, 2001
Sold by
Rodriguez Gilberto
Bought by
Ramos Jesus Mendoza and Verduzco Maricela Chavez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,015
Interest Rate
7.26%
Mortgage Type
FHA

Purchase Details

Closed on
May 16, 2001
Sold by
Ramos Jesus Mendoza and Verduzco Maricela Chavez
Bought by
Limas Jorge and Limas Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,015
Interest Rate
7.26%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 11, 1994
Sold by
Warford Paul M and Warford Elva A
Bought by
Ramos Jesus Mendoza and Verduzco Maricela Chavez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,530
Interest Rate
8.78%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ledesma Luis F $250,000 Stewart Title Of Ca Inc
Federal National Mortgage Association $286,452 Accommodation
Ramos Jesus Mendoza -- First American Title Co
Limas Jorge $135,000 First American Title Co
Ramos Jesus Mendoza $95,000 United Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ledesma Luis F $245,471
Previous Owner Limas Jorge $133,015
Previous Owner Ramos Jesus Mendoza $94,530
Closed Limas Jorge $6,745
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2014 09/26/14 Sold $250,000 0.0% $213 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
06/18/2014 06/18/14 Price Changed $249,900 -4.9% $213 / Sq Ft
05/19/2014 05/19/14 For Sale $262,900 -- $224 / 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 $3,549 $300,455 $78,116 $222,339
2023 $3,549 $288,790 $75,084 $213,706
2022 $3,282 $283,128 $73,612 $209,516
2021 $3,233 $277,577 $72,169 $205,408
2020 $3,181 $274,731 $71,429 $203,302
2019 $3,138 $269,345 $70,029 $199,316
2018 $3,093 $264,064 $68,656 $195,408
2017 $3,035 $258,887 $67,310 $191,577
2016 $2,984 $253,812 $65,991 $187,821
2015 $2,939 $250,000 $65,000 $185,000
2014 $2,067 $173,405 $60,251 $113,154
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Steve Nguyen

    Premier Options Realty

  • V

    Buyer's Agent in 2014

    VICTORIA VALDEZ

    DYNASTY REAL ESTATE

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14103524

California Regional Multiple Listing Service (CRMLS)

APN: 147-091-008

California Riverside County Riverside 92503 Arlanza

5498 Babb Ave, Riverside, CA

Not Listed for Sale

Detached

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