NOT LISTED FOR SALE

5571 Central Ave Riverside, CA 92504

Estimated Value: $475,000 - $848,000

2 Beds
1 Bath
744 Sq Ft
$778/Sq Ft Est. Value

Last Sold June 27, 2024

Last sale price $425,000 $571 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,421/month

45 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Laundry Room
  • Back Yard

About This Home

As of June 2024

THIS IS A 744 SQFT SINGLE FAMILY HOME 2 BEDROOM 1 BATH ROOM . LARGE FRONT YARD. HOME IN A LARGE LOT SIZE

Last Agent to Sell the Property

Pilar Hernandez

Gabriel A. Albanez, Broker Brokerage Phone: 562 415-5403 License #01049536 Listed on: 02/29/2024

Last Buyer's Agent

Albert Harmon

New Western Acquisitions License #01912325

New Western Acquisitions

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 7,405 Sq Ft Lot
  • Back Yard
  • Property is zoned R1

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 744 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 184
  • Tax Tract Number 31002
  • Assessor Parcel Number 190184007
  • $66 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 190184007
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 744.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 571.24
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700
  • Latitude Manual: 33.95350600

Multi Family

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

Tax Info

  • Tax Census Tract: 310.02
  • Tax Lot: 184
  • Tax Tract Number: 031002
  • TaxOtherAnnualAssessmentAmount: 66.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Jun 10, 2024
Sold by
Juarez Felipe
Bought by
Sbr Empire Llc
Seller's Agent
Pilar Hernandez
Gabriel A. Albanez, Broker
Buyer's Agent
Albert Harmon
New Western Acquisitions
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Views
112
Current Estimated Value
$578,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,800
Avg. Annual Appreciation
22.53%
Original Mortgage
$397,800
Outstanding Balance
$392,573
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$186,227

Purchase Details

Listed on
Feb 29, 2024
Closed on
May 1, 2024
Sold by
Sbr Empire Llc
Bought by
Cyril Financial Group Inc
Seller's Agent
Pilar Hernandez
Gabriel A. Albanez, Broker
Buyer's Agent
Albert Harmon
New Western Acquisitions
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Views
112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,800
Outstanding Balance
$392,573
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$186,227

Purchase Details

Closed on
Dec 6, 2006
Sold by
Zapata Real Estate Investments Inc
Bought by
Juarez Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,600
Interest Rate
7.45%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 6, 2006
Sold by
Phelps Carroll
Bought by
Zapata Real Estate Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,102
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2006
Sold by
Paul Richard A
Bought by
Phelps Carroll and The Devine & Ashurst Trust

Purchase Details

Closed on
Mar 31, 2004
Sold by
Devine Virginia E
Bought by
Devine Virginia E and Devine Trust

Purchase Details

Closed on
May 29, 1996
Sold by
Devine Virginia E and Ashurst Mildred E
Bought by
Devine Virginia E and Ashurst Mildred E
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
Sbr Empire Llc $425,000 None Listed On Document
Cyril Financial Group Inc $428,000 Lawyers Title
Juarez Felipe $327,000 Orange Coast Title Company
Zapata Real Estate Investments Inc $230,000 Ticor Sb
Phelps Carroll -- None Available
Devine Virginia E -- --
Devine Virginia E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cyril Financial Group Inc $397,800
Previous Owner Juarez Felipe $261,600
Previous Owner Zapata Real Estate Investments Inc $170,102
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2024 06/27/24 Sold $425,000 -5.6% $571 / Sq Ft
04/14/2024 04/14/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $450,000 -- $605 / 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 $4,766 $436,559 $130,969 $305,590
2023 $4,766 $421,076 $154,518 $266,558
2022 $4,334 $383,654 $140,154 $243,500
2021 $3,711 $325,131 $118,775 $206,356
2020 $3,331 $290,295 $106,049 $184,246
2019 $3,238 $281,840 $102,960 $178,880
2018 $3,116 $271,000 $99,000 $172,000
2017 $3,031 $263,000 $97,000 $166,000
2016 $2,540 $230,000 $84,000 $146,000
2015 $2,413 $218,000 $80,000 $138,000
2014 $2,285 $204,000 $75,000 $129,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24041952

California Regional Multiple Listing Service (CRMLS)

APN: 190-184-007