NOT LISTED FOR SALE

5538 Rio Rancho Way Riverside, CA 92504

Grand Neighborhood

Estimated Value: $761,000 - $802,281

4 Beds
3 Baths
2,244 Sq Ft
$347/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $550,000 $245 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,674/month

8 Days on Market

Highlights

  • Solar Heated In Ground Pool
  • Mountain View
  • Plantation Shutters
  • Solar Power System
  • No HOA
  • 2 Car Attached Garage

About This Home

As of May 2020

DO NOT MISS YOUR OPPORTUNITY TO OWN THIS GORGEOUS HOME!
Meticulous renovations throughout this single story pool home on a large private lot.
Inside, you are welcomed to a warm and inviting entry with natural wood floors that flow throughout . There are new wood shutters in the living and dinning room and custom blinds in all bedrooms. All windows are dual pane. There is a stone fireplace, media center and surround sound throughout.
The kitchen features a Viking stove/range, stainless steel appliances, butler’s pantry with wine chiller , coffee bar , the rich cherry cabinets with storage. Recessed lighting throughout the home.Aloso featured is indoor laundry room, an office/ gym or 4th bedroom with new split ac/ heat unit.
Remodeled bathrooms include flooring, tile and a relaxing steam shower. The bedrooms are spacious and have newly installed custom closets.
The backyard has a large pool that is completely fenced with a separate private spa.
There is also ample storage with 2 sheds. Fenced in custom dog yard with artificial grass for your pet.
In the garage is a new Wi-Fi enabled garage door opener and its wired for a Tesla power charger.
Other upgrades include newer HVAC, tankless water heater, copper plumbing, new electrical upgrade and panel, Culligan water softener, new sewer clean out, pool solar heater, house solar panels(paid off).There is also a nest video camera system option which covers the entire property.
Make this home number 1 on your list to see.

Last Agent to Sell the Property

Josee Maclaughlin

RADER REALTORS License #01319405 Listed on: 03/10/2020

Last Buyer's Agent

KARLA BURLESON

HAUS OF REAL ESTATE License #02053035

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,520

Year Built

  • Built in 1958

Lot Details

  • 0.34 Acre Lot
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Neighborhood

Interior Spaces

  • 2,244 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Plantation Shutters
  • Den with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Solar Power System
  • Water-Smart Landscaping

Pool

  • Solar Heated In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • High-Efficiency Water Heater

Additional Features

  • Exterior Lighting
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 187220009

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,520

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer / dryer
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 187220009
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2244.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Den
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 245.10
  • Room Type: All Bedrooms Down
  • Spa Features: Private
  • Window Features: Double Pane Windows, Plantation Shutters

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Features: Private, In Ground, Solar Heat
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Suburban

Schools

  • School District: Riverside Unified

Green Features

  • Green Water Conservation: Water-Smart Landscaping
  • Efficiency: Appliances, HVAC, Water Heater, Windows
  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 14810.00
  • Lot Size Acres: 0.3400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14810.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 308.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
Mar 27, 2020
Sold by
Sealey Gregg and Sealey Heidi Marie
Bought by
Croasmun Kevin C and Delcroasmun Maria Del
Seller's Agent
Josee Maclaughlin
RADER REALTORS
Buyer's Agent
KARLA BURLESON
HAUS OF REAL ESTATE
List Price
$550,000
Sold Price
$550,000
Total Days on Market
8
Current Estimated Value
$778,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,570
Avg. Annual Appreciation
7.15%
Original Mortgage
$440,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2018
Sold by
Krause Sealey Gregg and Krause Sealey Heidi
Bought by
Sealey Gregg and Krause Sealey Heidi Marie

Purchase Details

Listed on
Nov 13, 2015
Closed on
Dec 16, 2015
Sold by
Melvoid Daniel P
Bought by
Sealey Gregg and Sealey Heidi Krause
Seller's Agent
Justin Tye
Active Realty
Buyer's Agent
Josee Maclaughlin
RADER REALTORS
List Price
$449,900
Sold Price
$452,000
Premium/Discount to List
$2,100
0.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$361,600
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2004
Sold by
Melvoid Daniel P
Bought by
Melvold Daniel P

Purchase Details

Closed on
Mar 25, 2003
Sold by
Brown Gladys A
Bought by
Melvold Daniel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,600
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Croasmun Kevin C $550,000 Corinthian Title Company
Sealey Gregg -- None Available
Sealey Gregg $452,000 Ticor Title
Melvold Daniel P -- --
Melvold Daniel P $277,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Croasmun Kevin C $440,000
Previous Owner Sealey Gregg $361,600
Previous Owner Melvold Daniel P $289,000
Previous Owner Melvold Daniel P $50,000
Previous Owner Melvold Daniel P $325,000
Previous Owner Melvold Daniel P $78,000
Previous Owner Melvold Daniel P $78,000
Previous Owner Melvold Daniel P $221,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $550,000 0.0% $245 / Sq Ft
03/18/2020 03/18/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $550,000 +21.7% $245 / Sq Ft
01/29/2016 01/29/16 Sold $452,000 0.0% $201 / Sq Ft
01/13/2016 01/13/16 Price Changed $452,000 +0.5% $201 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
11/13/2015 11/13/15 For Sale $449,900 -- $200 / 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
2023 $6,520 $578,147 $105,117 $473,030
2022 $6,372 $566,811 $103,056 $463,755
2021 $6,282 $555,698 $101,036 $454,662
2020 $5,477 $489,256 $108,242 $381,014
2019 $5,373 $479,664 $106,120 $373,544
2018 $5,266 $470,260 $104,040 $366,220
2017 $5,171 $461,040 $102,000 $359,040
2016 $3,766 $351,785 $55,046 $296,739
2015 $3,712 $346,503 $54,220 $292,283
2014 $3,676 $339,717 $53,159 $286,558
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20053028

California Regional Multiple Listing Service (CRMLS)

APN: 187-220-009