NOT LISTED FOR SALE

5551 Central Ave Riverside, CA 92504

Estimated Value: $521,000 - $596,647

3 Beds
2 Baths
1,314 Sq Ft
$431/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $300,000 $228 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,265/month

87 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Double Door Entry
  • Lawn
  • Neighborhood Views
  • Formal Dining Room

About This Home

As of June 2016

BACK ON THE MARKET!! HONEY STOP THE CAR!!!You have arrived at your beautiful home!! New front yard fencing for privacy!! New landscaping as well!! Spacious and inviting floor plan welcomes you and your family to this desirable Riverside pool home!! Your double door entry puts you right into the spacious living room and French doors that lead into the open kitchen that flows directly into the dining room. Beautiful windows bring in the natural light for the dining and living room area of the home. Tile flooring through out the main rooms and hallway. Home also features a hallway bathroom for guest. Three bedrooms including the master bedroom with its own private full bathroom. All bedrooms have laminate flooring for easy cleaning. But wait , there is more!! Home has brand new custom exterior painting and six foot redwood fencing on both east and west sides for privacy. Central air and heat!!! Heated Pool has privacy fencing and has been repainted. But wait, yes there is more!!! Garage was converted (permits unknown) to a casita that includes a kitchen and restroom!!! This casita is 440 sq feet. Contact your Realtor and hope to see you in Escrow!!!! Seller will help with closing cost!!! Seller will convert casita back to functioning garage if need be.

Last Agent to Sell the Property

Brad Adkins

CENTURY 21 LOIS LAUER REALTY License #01867303 Listed on: 05/11/2016

CENTURY 21 LOIS LAUER REALTY

Last Buyer's Agent

Dan Tovar

LEGACY HOMES REAL ESTATE License #01349752

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 7,405 Sq Ft Lot
  • South Facing Home
  • Chain Link Fence
  • Redwood Fence
  • Level Lot
  • Lawn
  • Front Yard

Home Design

  • Composition Roof

Interior Spaces

  • 1,314 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Double Door Entry
  • Family Room
  • Formal Dining Room
  • Neighborhood Views
  • 220 Volts In Laundry

Kitchen

  • Breakfast Bar
  • Microwave
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 5 Parking Spaces
  • Parking Available
  • Driveway

Outdoor Features

  • In Ground Pool
  • Slab Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 182
  • Tax Tract Number 6
  • Assessor Parcel Number 190184005

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 190184005
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1314.00
  • Interior Amenities: Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Counter / Bar, Separated
  • Levels: One
  • Price Per Square Foot: 228.31
  • Room Type: All Bedrooms Down, Family Room, Master Bedroom

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Redwood
  • Patio And Porch Features: Concrete, Slab
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Appliances: Disposal, Microwave
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Lot 6500-9999, Level with Street
  • Lot Size Sq Ft: 7405.00
  • Price Per Lot Square Foot: 40.51
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 182
  • Tax Tract Number: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2016
Closed on
May 20, 2016
Sold by
Ramos Jose De Jesus and Ramos Lizette
Bought by
Martinez Ricardo and Martinez Linda G
Seller's Agent
Brad Adkins
CENTURY 21 LOIS LAUER REALTY
Buyer's Agent
Dan Tovar
LEGACY HOMES REAL ESTATE
List Price
$305,000
Sold Price
$300,000
Premium/Discount to List
-$5,000
-1.64%
Current Estimated Value
$566,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,662
Avg. Annual Appreciation
6.79%
Original Mortgage
$291,000
Outstanding Balance
$230,649
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$336,013

Purchase Details

Closed on
Jan 13, 2011
Sold by
Reo Properties Two Lp
Bought by
Ramos Jose De Jesus and Ramos Lizette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,070
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2010
Sold by
Garcia Ana
Bought by
Reo Properties Two Lp

Purchase Details

Closed on
Dec 21, 2004
Sold by
Garcia Ana and Rodriguez Eduardo
Bought by
Garcia Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 1999
Sold by
Sec Hud
Bought by
Garcia Ana and Rodriguez Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,518
Interest Rate
7.96%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 16, 1999
Sold by
Midfirst Bank
Bought by
Hud

Purchase Details

Closed on
Nov 24, 1998
Sold by
Regalado Francisco and Regalado Teresa
Bought by
Midfirst Bank and Midfirst Bank State Svgs Bank
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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Purchase History

Date Buyer Sale Price Title Company
Martinez Ricardo $300,000 Fnt Ie
Ramos Jose De Jesus $77,500 Investors Title Company
Reo Properties Two Lp $116,000 None Available
Garcia Ana -- Ticor Title
Garcia Ana $85,000 First American Title Ins Co
Hud -- United Title Company
Midfirst Bank $100,075 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Ricardo $291,000
Previous Owner Ramos Jose De Jesus $151,070
Previous Owner Garcia Ana $154,000
Previous Owner Garcia Ana $82,518
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2016 06/15/16 Sold $300,000 -1.6% $228 / Sq Ft
05/20/2016 05/20/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $305,000 0.0% $232 / Sq Ft
03/31/2016 03/31/16 Pending -- -- --
03/17/2016 03/17/16 Price Changed $305,000 -1.6% $232 / Sq Ft
02/23/2016 02/23/16 For Sale $309,900 -- $236 / 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 $3,876 $355,131 $71,024 $284,107
2023 $3,876 $341,343 $68,267 $273,076
2022 $3,789 $334,651 $66,929 $267,722
2021 $3,744 $328,090 $65,617 $262,473
2020 $3,716 $324,727 $64,945 $259,782
2019 $3,646 $318,361 $63,672 $254,689
2018 $3,576 $312,120 $62,424 $249,696
2017 $3,512 $306,000 $61,200 $244,800
2016 $1,875 $167,743 $54,109 $113,634
2015 $1,848 $165,226 $53,298 $111,928
2014 $1,831 $161,992 $52,255 $109,737
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16037403

California Regional Multiple Listing Service (CRMLS)

APN: 190-184-005

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