NOT LISTED FOR SALE

5580 Molino Way Riverside, CA 92509

Estimated Value: $591,000 - $649,000

4 Beds
2.5 Baths
1,868 Sq Ft
$330/Sq Ft Est. Value

Last Sold August 09, 2013

Last sale price $255,000 $137 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $3,542/month

69 Days on Market

Highlights

  • Private Yard
  • 2 Car Attached Garage
  • No Heating
  • No HOA

About This Home

As of August 2013

The Housing Authority of the County of Riverside is proud to offer this brand new home for sale. This single-story features a covered entry porch, granite countertops in the kitchen and bathrooms, and energy efficient appliances. It has four bedrooms, 2 ½ bathrooms and a two-car garage. Living area square footage is approximately 2,295 and lot size is 0.19 acres.

Last Agent to Sell the Property

j c

REAL ESTATE ADVISORS License #01106045 Listed on: 06/13/2013

Last Buyer's Agent

j c

REAL ESTATE ADVISORS License #01106045 Listed on: 06/13/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,363

Year Built

  • Built in 2013

Lot Details

  • 8,276 Sq Ft Lot
  • Private Yard

Parking

  • 2 Car Attached Garage

Home Design

  • 1,868 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Urban Location

Utilities

  • No Heating
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 60
  • Tax Tract Number 402
  • Assessor Parcel Number 181082050

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,363

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 181082050
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1868.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: One
  • Price Per Square Foot: 136.51

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: No
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.1900 Acres
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 60
  • Tax Tract Number: 402.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2013
Closed on
Jul 8, 2013
Sold by
Housing Authority Of The County Of River
Bought by
Mullins Kimberly Louise and Mullins Benjamin Wyatt
Seller's Agent
j c
REAL ESTATE ADVISORS
Buyer's Agent
j c
REAL ESTATE ADVISORS
List Price
$255,000
Sold Price
$255,000
Current Estimated Value
$617,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,167
Avg. Annual Appreciation
7.51%
Original Mortgage
$218,827
Outstanding Balance
$162,690
Interest Rate
4.46%
Mortgage Type
FHA
Estimated Equity
$454,477

Purchase Details

Closed on
May 23, 2011
Sold by
Redevelopment Agency For The County Of R
Bought by
Housing Authority Of The County Of River

Purchase Details

Closed on
Oct 23, 2008
Sold by
Cruz Carlos Ramos and Chacha Victor Conde
Bought by
Redevelopment Agency For The County Of R

Purchase Details

Closed on
Jan 10, 2001
Sold by
Romero Juan
Bought by
Cruz Carlos Ramos and Chaca Victor Conde

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,528
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 24, 2000
Sold by
Hud
Bought by
Romero Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 1998
Sold by
Galvan Selso
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Jan 2, 1998
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Sep 18, 1996
Sold by
Quinones G Rafael
Bought by
Galvan Selso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,233
Interest Rate
7.92%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 23, 1996
Sold by
Hud
Bought by
Quinones G Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,650
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 1994
Sold by
Itt Residential Capital Servicing Corp
Bought by
Hud

Purchase Details

Closed on
Oct 24, 1994
Sold by
Black Roy E
Bought by
Itt Residential Capital Servicing Corp
Source: Public Records

Range of Values:

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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
Mullins Kimberly Louise $255,000 First American Title Company
Housing Authority Of The County Of River -- First American Title Company
Redevelopment Agency For The County Of R -- Southland Title Corporation
Cruz Carlos Ramos $160,000 --
Romero Juan -- Benefit Land Title
Countrywide Home Loans Inc $135,245 Landsafe Title
Hud -- Landsafe Title
Galvan Selso $125,000 United Title
Quinones G Rafael $60,000 Chicago Title Co
Hud -- Fidelity National Title Ins
Itt Residential Capital Servicing Corp $99,337 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullins Kimberly Louise $218,827
Previous Owner Cruz Carlos Ramos $157,528
Previous Owner Romero Juan $72,000
Previous Owner Galvan Selso $124,233
Previous Owner Quinones G Rafael $98,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2013 08/09/13 Sold $255,000 0.0% $137 / Sq Ft
06/13/2013 06/13/13 For Sale $255,000 0.0% $137 / Sq Ft
06/03/2013 06/03/13 Pending -- -- --
04/26/2013 04/26/13 For Sale $255,000 0.0% $137 / Sq Ft
03/27/2013 03/27/13 Off Market $255,000 -- --
03/26/2013 03/26/13 For Sale $250,000 -- $134 / 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 $3,363 $312,582 $61,286 $251,296
2023 $3,363 $300,446 $58,907 $241,539
2022 $3,294 $294,555 $57,752 $236,803
2021 $3,273 $288,780 $56,620 $232,160
2020 $3,243 $285,820 $56,040 $229,780
2019 $3,177 $280,217 $54,942 $225,275
2018 $3,075 $274,723 $53,866 $220,857
2017 $3,042 $269,337 $52,810 $216,527
2016 $2,999 $264,057 $51,775 $212,282
2015 $2,958 $260,094 $50,999 $209,095
2014 $2,746 $255,000 $50,000 $205,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV13052963

California Regional Multiple Listing Service (CRMLS)

APN: 181-082-050