NOT LISTED FOR SALE

5508 Grassy Trail Dr Riverside, CA 92504

Grand Neighborhood

Estimated Value: $671,000 - $780,879

3 Beds
3 Baths
2,500 Sq Ft
$293/Sq Ft Est. Value

Last Sold March 06, 2015

Last sale price $330,000 $132 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $4,252/month

111 Days on Market

Highlights

  • In Ground Pool
  • Corner Lot
  • Central Air
  • Mountain View
  • No HOA
  • 1-Story Property

About This Home

As of March 2015

Fixer Upper With A Fantastic Opportunity! This Ranch style home was built in 1960 by a contractor for his own personal use. The current owner has occupied the property for over 50 years. Located in the Sunland Estates division on the corner of Greenbrier and Grassy Trail Drive. On a large lot with over 12,000 square feet, the architect utilized the unique shape and size of the lot to produce a timeless free flowing floor plan that maximized the pool and patio areas. The living room with a soaring ceiling and floor to ceiling large brick fireplace and planter, created a very large great room far ahead of its time. Oversized bedrooms, inside laundry, walk in pantry, detached garage with breezeway and mature landscaping enhance the property. The use of brick, slate and rough sawn open beam ceiling and top quality materials were used throughout. This property is ready for a cosmetic make over by the new owner.

Last Agent to Sell the Property

Daniel Raphael

Coldwell Banker Realty License #00797867 Listed on: 09/17/2014

Coldwell Banker Realty

Last Buyer's Agent

Aura Suhr

First Team Real Estate License #01700890

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,245

Year Built

  • Built in 1960

Lot Details

  • 0.28 Acre Lot
  • Corner Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • Gunite Pool

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 36
  • Assessor Parcel Number 187202028

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,245

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 187202028
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2500.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 132.00
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • View: Mountain(s)
  • Pool Features: Gunite, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Lot 10000-19999 Sqft, Corner Lot
  • Lot Size Sq Ft: 12197.00
  • Lot Size Acres: 0.2800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12197.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 21
  • Tax Tract Number: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2014
Closed on
Jan 8, 2015
Sold by
Presley Robert B
Bought by
Rainey John K and Rainey Megan C
Seller's Agent
Daniel Raphael
Coldwell Banker Realty
Buyer's Agent
Aura Suhr
First Team Real Estate
List Price
$339,000
Sold Price
$330,000
Premium/Discount to List
-$9,000
-2.65%
Current Estimated Value
$731,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,720
Avg. Annual Appreciation
7.80%
Original Mortgage
$297,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2003
Sold by
Presley Robert B and Presley Ahniwake A
Bought by
Presley Robert B and Presley Ahniwake A

Purchase Details

Closed on
Sep 21, 1993
Sold by
Presley Ahniwake
Bought by
Presley Robert B
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
Rainey John K $330,000 Equity Title Company
Presley Robert B -- --
Presley Robert B -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rainey John K $410,000
Closed Rainey Megan C $60,000
Closed Rainey John K $338,800
Previous Owner Rainey John K $297,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2015 03/06/15 Sold $330,000 -2.7% $132 / Sq Ft
01/06/2015 01/06/15 Pending -- -- --
12/24/2014 12/24/14 For Sale $339,000 0.0% $136 / Sq Ft
12/24/2014 12/24/14 Price Changed $339,000 -4.5% $136 / Sq Ft
12/22/2014 12/22/14 Pending -- -- --
11/24/2014 11/24/14 Price Changed $355,000 -3.8% $142 / Sq Ft
09/17/2014 09/17/14 For Sale $369,000 -- $148 / 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 $4,245 $396,599 $90,133 $306,466
2023 $4,245 $381,200 $86,634 $294,566
2022 $4,146 $373,727 $84,936 $288,791
2021 $4,093 $366,400 $83,271 $283,129
2020 $4,061 $362,644 $82,418 $280,226
2019 $3,984 $355,534 $80,802 $274,732
2018 $3,905 $348,564 $79,218 $269,346
2017 $3,834 $341,730 $77,665 $264,065
2016 $3,587 $335,031 $76,143 $258,888
2015 $939 $87,228 $19,525 $67,703
2014 $929 $85,522 $19,144 $66,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14200840

California Regional Multiple Listing Service (CRMLS)

APN: 187-202-028