5562 Malvern Way Riverside, CA 92506
Victoria NeighborhoodEstimated Value: $792,151 - $834,000
4
Beds
2
Baths
1,768
Sq Ft
$459/Sq Ft
Est. Value
Highlights
- No HOA
- Neighborhood Views
- Laundry Room
- Polytechnic High School Rated A-
- 2 Car Attached Garage
- Central Heating and Cooling System
About This Home
As of March 2023Wow! You will want to live in this wonderful home in the highly desirable Victoria Woods neighborhood. This four bedroom two bath home on an over 18,000 square foot lot has so much to offer. Walk through the front door into the large entry way, which opens into the formal living room where you can relax in front of the beautiful brick fireplace. You will love the cabinet space in the kitchen which offers extra seating at the breakfast bar. The kitchen is attached to the family/dining room where you can enjoy dinners or entertain guests while enjoying a second fireplace that offers ambiance on those cool winter nights. The bonus room is also great for those gatherings you may have and offers extra space with a sliding door leading out from the family/dining room.The four good sized bedrooms make this a perfect space for any sized family. A large garage with laundry hookups completes this home. Sit outside on the covered patio and enjoy the large beautifully landscaped, park-like yard while having your morning coffee or evening glass of wine. The Victoria Woods neighborhood is such a beautiful place and is close to the gorgeous Victoria Club that was designed in 1903. You can walk to the park with a shortcut through the neighborhood and it is a short distance to schools, shopping and freeways. What a great place to live!
Last Agent to Sell the Property
Vista Sotheby's Int. Realty License #01393000 Listed on: 11/04/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,580
Year Built
- Built in 1961
Lot Details
- 0.45 Acre Lot
- Sprinkler System
- Back and Front Yard
- Property is zoned R1125
Parking
- 2 Car Attached Garage
Interior Spaces
- 1,768 Sq Ft Home
- 1-Story Property
- Entryway
- Living Room with Fireplace
- Dining Room with Fireplace
- Neighborhood Views
Kitchen
- Electric Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Additional Features
- Exterior Lighting
- Suburban Location
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 90
- Assessor Parcel Number 222301005
- $85 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 4, 2022
Closed on
Mar 1, 2023
Sold by
Family Trust
Bought by
Luong Hung Than and Tran Kelly
Seller's Agent
Nancy Orozco
Vista Sotheby's Int. Realty
Buyer's Agent
Wilson Ing
Wilson Ing, Broker
List Price
$699,900
Sold Price
$680,000
Premium/Discount to List
-$19,900
-2.84%
Total Days on Market
114
Views
84
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,538
Avg. Annual Appreciation
4.95%
Original Mortgage
$540,000
Outstanding Balance
$526,531
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$228,710
Purchase Details
Closed on
Apr 9, 2004
Sold by
Vargas Roger E and Vargas Olga I
Bought by
Vargas Roger E and Vargas Olga I
Similar Homes in Riverside, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Luong Hung Than | $340,000 | First American Title | |
| Vargas Roger E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Luong Hung Than | $540,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2023 03/31/23 | Sold | $680,000 | -2.8% | $385 / Sq Ft |
| 02/27/2023 02/27/23 | Pending | -- | -- | -- |
| 02/25/2023 02/25/23 | For Sale | $699,900 | 0.0% | $396 / Sq Ft |
| 02/20/2023 02/20/23 | Pending | -- | -- | -- |
| 02/15/2023 02/15/23 | Price Changed | $699,900 | -3.4% | $396 / Sq Ft |
| 01/07/2023 01/07/23 | Price Changed | $724,900 | -3.3% | $410 / Sq Ft |
| 11/04/2022 11/04/22 | For Sale | $750,000 | -- | $424 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,580 | $359,362 | $90,722 | $268,640 |
| 2022 | $1,215 | $110,312 | $36,198 | $74,114 |
| 2021 | $1,213 | $108,150 | $35,489 | $72,661 |
| 2020 | $1,203 | $107,042 | $35,126 | $71,916 |
| 2019 | $1,180 | $104,944 | $34,438 | $70,506 |
| 2018 | $1,157 | $102,887 | $33,764 | $69,123 |
| 2017 | $1,135 | $100,870 | $33,102 | $67,768 |
| 2016 | $1,065 | $98,893 | $32,453 | $66,440 |
| 2015 | $1,048 | $97,409 | $31,966 | $65,443 |
| 2014 | $1,036 | $95,503 | $31,341 | $64,162 |
Source: Public Records
Agents Affiliated with this Home
-
Nancy Orozco
N
Seller's Agent in 2023
Nancy Orozco
Vista Sotheby's Int. Realty
(951) 897-8675
2 in this area
40 Total Sales
-
Wilson Ing
Buyer's Agent in 2023
Wilson Ing
Wilson Ing, Broker
(562) 787-1115
1 in this area
15 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG22224677
APN: 222-301-005
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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