NOT LISTED FOR SALE

550 Massachusetts Ave Riverside, CA 92507

University Neighborhood

Estimated Value: $557,125 - $609,000

4 Beds
2 Baths
1,396 Sq Ft
$415/Sq Ft Est. Value

Last Sold July 15, 2015

Last sale price $309,900 $222 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,362/month

19 Days on Market

Highlights

  • Primary Bedroom Suite
  • No HOA
  • Breakfast Area or Nook
  • All Bedrooms Downstairs
  • Covered Patio or Porch
  • Cooling System Powered By Gas

About This Home

As of July 2015

Great investment property for student housing landlords OR for an owner occupying family. 4 bedroom, 2 bath, 2 car garage. Includes washer and dryer and newer refrigerator. Newer carpet and flooring in living room and kitchen area. Covered patio in back.

Last Agent to Sell the Property

SHERRI KENNEDY

WESTCOE REALTORS INC License #00901965 Listed on: 05/21/2015

WESTCOE REALTORS INC

Co-Listed By

TRICIA HORD

Tower Agency License #01955062

Last Buyer's Agent

Shujing Zhou

Realty Masters & Associates License #01971998

Realty Masters & Associates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 8,276 Sq Ft Lot
  • Block Wall Fence

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Home Design

  • Composition Roof

Interior Spaces

  • 1,396 Sq Ft Home
  • Ceiling Fan
  • Family Room with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Gas Cooktop
  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Washer

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 251082024

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Washer/Dryer, Refrigerator
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 251082024
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1396.00
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 221.99
  • Room Type: All Bedrooms Down, Family Room, Master Suite

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Covered, Stone
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Asphalt, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Gas Cooktop, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Washer Included
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 8276.00
  • Price Per Lot Square Foot: 37.45
  • Lot Size Acres: 0.1900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8276.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2015
Closed on
Aug 6, 2015
Sold by
Wang Rong
Bought by
Wang Rong and Rong Wang Family Trust
Seller's Agent
SHERRI KENNEDY
WESTCOE REALTORS INC
Buyer's Agent
Shujing Zhou
Realty Masters & Associates
List Price
$299,900
Sold Price
$309,900
Premium/Discount to List
$10,000
3.33%
Current Estimated Value
$579,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,631
Avg. Annual Appreciation
6.15%
Original Mortgage
$232,400
Outstanding Balance
$180,640
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$398,891

Purchase Details

Listed on
May 21, 2015
Closed on
Jun 18, 2015
Sold by
Plush Bruce H
Bought by
Wang Rong
Seller's Agent
SHERRI KENNEDY
WESTCOE REALTORS INC
Buyer's Agent
Shujing Zhou
Realty Masters & Associates
List Price
$299,900
Sold Price
$309,900
Premium/Discount to List
$10,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,400
Outstanding Balance
$180,640
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$398,891

Purchase Details

Closed on
Jun 16, 2013
Sold by
Greene Rochelle
Bought by
Plush Bruce H

Purchase Details

Closed on
Oct 8, 2004
Sold by
Plush Bruce and Plush Francine
Bought by
Plush Rochelle and 550 Massachusetts Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,200
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2004
Sold by
Gomez Lisa
Bought by
Plush Bruce and Plush Francine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,200
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2002
Sold by
Smith Gary F and Smith Judith A
Bought by
Gomez Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,640
Interest Rate
6.52%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 1995
Sold by
Smith Gary F and Smith Judith A
Bought by
Smith Gary F and Smith Judith A
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
Wang Rong -- Accommodation
Wang Rong $155,000 First American Title Company
Plush Bruce H -- None Available
Plush Rochelle -- --
Plush Bruce $314,000 Commonwealth Land Title Co
Gomez Lisa $158,500 Old Republic Title Company
Smith Gary F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Rong $232,400
Previous Owner Plush Bruce $251,200
Previous Owner Gomez Lisa $152,640
Closed Plush Bruce $31,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2015 07/15/15 Sold $309,900 +3.3% $222 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $299,900 -- $215 / 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 $4,002 $366,851 $106,539 $260,312
2023 $4,002 $352,606 $102,402 $250,204
2022 $3,912 $345,694 $100,395 $245,299
2021 $3,865 $338,917 $98,427 $240,490
2020 $3,836 $335,443 $97,418 $238,025
2019 $3,764 $328,866 $95,508 $233,358
2018 $3,691 $322,419 $93,636 $228,783
2017 $3,626 $316,098 $91,800 $224,298
2016 $3,394 $309,900 $90,000 $219,900
2015 $3,065 $279,000 $71,000 $208,000
2014 $3,052 $275,000 $70,000 $205,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    SHERRI KENNEDY

    WESTCOE REALTORS INC

    Section Image
  • TRICIA HORD

    Seller Co-Listing Agent in 2015

    TRICIA HORD

    Tower Agency

    (951) 784-2500

    40 Total Sales

    TRICIA HORD
    Section Image

  • S

    Buyer's Agent in 2015

    Shujing Zhou

    Realty Masters & Associates

    (714) 602-2600

    Shujing Zhou
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV15109587

California Regional Multiple Listing Service (CRMLS)

APN: 251-082-024

California Riverside County Riverside 92507 University

550 Massachusetts Ave, Riverside, CA

Not Listed for Sale

Detached

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