NOT LISTED FOR SALE

5543 Rio Rancho Way Riverside, CA 92504

Grand Neighborhood

Estimated Value: $765,000 - $884,976

4 Beds
3 Baths
2,279 Sq Ft
$361/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $800,000 $351 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,639/month

50 Days on Market

Highlights

  • Private Pool
  • Updated Kitchen
  • Mountain View
  • RV Access or Parking
  • 0.42 Acre Lot
  • Wood Flooring

About This Home

As of October 2024

Just when you thought summer was hot enough wait until you see this stunner home heat up the market. 5543 Rio Rancho Way is an absolute gemstone of a property that features 4 beds 3 baths tucked away in a cul de sac situated on a roughly 18,000 sq. ft. lot. From the moment you drive up its love at first sight with beautiful curb appeal to the added RV parking. This magnificent beauty was remodeled from head to toe and no expense was spared along with every attention to detail. Once you enter the home you will be pleasantly greeted by the open concept kitchen that overlooks two separate family rooms/entertaining spaces that both features fireplaces. With one bedroom and bathroom in separate quarters from the rest its perfect for guests or extended family stay. The natural light that pours through the new dual pane windows gives a bright airy feel of comfort. New LVP vinyl floors throughout the home and recessed lighting give off the warmth with a modern touch. The remaining two bedrooms are very spacious and are adjacent to the common bathroom. The master bedroom is a retreat of its own with a walk in closet and bathroom suitable for all of his and her needs. WAIT....now to the star of the show. The backyard! Featuring a sparkling blue pool oversized patio cover with so much space for entertainment and the lush mountainous views that you can only dream about this has to be seen in person as it is almost impossible to describe. Enjoy a bbq or pool party with your loved ones, wake up to the sunrise with a cup of coffee or have a glass of wine watching the sunset. It is simply amazing! This home checks off nearly every box from all the amenities to the family oriented neighborhood. Come see this one for yourself, do not let it slip away!

Last Agent to Sell the Property

LILI AARA

Professional Real Estate Service Brokerage Phone: 909-297-6861 License #02081822 Listed on: 08/01/2024

Last Buyer's Agent

SUSAN RAY

WESTCOE REALTORS INC License #00786564

WESTCOE REALTORS INC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 18,295 Sq Ft Lot
  • Wood Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Driveway
  • RV Access or Parking

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Raised Foundation
  • Shingle Roof
  • Copper Plumbing

Interior Spaces

  • 2,279 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Window Screens
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Attic
  • Basement

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 187220015
  • $67 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • Mountainous Community

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0.42 Acres

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: R1
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 187220015
  • Year Built: 1957
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2279.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Fireplace Features: Dining Room, Family Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 351.03
  • Room Type: All Bedrooms Down, Attic, Basement, Walk-In Closet
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Double Sinks In Primary Bath, Quartz Counters, Remodeled
  • Room Kitchen Features: Kitchen Island, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Covered, Patio Open
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage - Two Door, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Mountainous, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 18295.00
  • Lot Size Acres: 0.4200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18295.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 308.00
  • Tax Lot: 15
  • Tax Tract: UKNOWN
  • Tax Tract Number: UKN
  • TaxOtherAnnualAssessmentAmount: 67.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Aug 22, 2024
Sold by
Amj Property 2022 Llc
Bought by
Palmer Matthew
Seller's Agent
LILI AARA
Professional Real Estate Service
Buyer's Agent
SUSAN RAY
WESTCOE REALTORS INC
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
Views
114
Current Estimated Value
$822,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,244
Avg. Annual Appreciation
1.92%
Original Mortgage
$640,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 1, 2024
Sold by
Ingraham Rosa P and Ingraham Rosa Parra
Bought by
Amj Property 2022 Llc
Seller's Agent
Ruben Hernandez
eXp Realty of Southern California
Buyer's Agent
LILI AARA
Professional Real Estate Service
List Price
$575,000
Sold Price
$635,000
Premium/Discount to List
$60,000
10.43%
Views
175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.15%
Original Mortgage
$588,749
Interest Rate
6.88%
Mortgage Type
Construction
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
Palmer Matthew $800,000 First American Title
Amj Property 2022 Llc $635,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmer Matthew $640,000
Previous Owner Amj Property 2022 Llc $588,749
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2024 10/18/24 Sold $800,000 -1.8% $351 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
09/18/2024 09/18/24 Price Changed $815,000 -1.0% $358 / Sq Ft
09/09/2024 09/09/24 Price Changed $823,000 -0.2% $361 / Sq Ft
08/29/2024 08/29/24 For Sale $825,000 0.0% $362 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $825,000 0.0% $362 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $825,000 +29.9% $362 / Sq Ft
05/24/2024 05/24/24 Sold $635,000 +10.4% $279 / Sq Ft View Prior Sale
03/29/2024 03/29/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $575,000 -9.4% $252 / Sq Ft
03/22/2024 03/22/24 Off Market $635,000 -- --
03/15/2024 03/15/24 For Sale $575,000 -- $252 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,943 $800,000 $240,000 $560,000
2023 $2,943 $264,555 $52,517 $212,038
2022 $2,874 $259,369 $51,488 $207,881
2021 $2,843 $254,284 $50,479 $203,805
2020 $5,274 $251,678 $49,962 $201,716
2019 $2,767 $246,744 $48,983 $197,761
2018 $2,712 $241,907 $48,024 $193,883
2017 $2,663 $237,165 $47,083 $190,082
2016 $2,492 $232,515 $46,160 $186,355
2015 $2,456 $229,023 $45,467 $183,556
2014 $2,431 $224,538 $44,577 $179,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24152326

California Regional Multiple Listing Service (CRMLS)

APN: 187-220-015

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