NOT LISTED FOR SALE

5581 Molino Way Riverside, CA 92509

Rubidoux Neighborhood

Estimated Value: $541,000 - $706,000

6 Beds
2 Baths
1,034 Sq Ft
$586/Sq Ft Est. Value

Sale Details

Date Sold: June 9, 2021

Last sale price $525,000 $508 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,802 / mo

Highlights

  • Park
  • Mountainous Community
  • Central Air

About This Home

As of June 2021

DUPLEX IN GREAT CONDITION!!

Last Agent to Sell the Property

TERESA HERNANDEZ

CENTURY 21 MASTERS License #02020429 Listed on: 05/28/2021

CENTURY 21 MASTERS

Last Buyer's Agent

JOSE SOTO

CENTURY 21 CITRUS REALTY INC License #02103478

CENTURY 21 CITRUS REALTY INC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 8,712 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,034 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Additional Features

  • Urban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 37
  • Assessor Parcel Number 181053035

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Mountainous Community

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Professional Management Expense $2,959
  • Trash Expense $1,100
  • Water Sewer Expense $6,600
  • New Taxes Expense $3,941
  • Operating Expense $15,800
  • Gross Income $43,200
  • Net Operating Income $27,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Professional Management Expense: 2959.00
  • Property Attached: No
  • Water Sewer Expenses: 6600.00
  • Property Type: Residential Income
  • Parcel Number: 181053035
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 507.74

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1100.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park, Mountainous, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Gross Income: 43200.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 27400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 15800.00
  • Rent Control: No
  • Total Expenses: 15800.00

Tax Info

  • New Taxes Expense: 3941.00
  • Tax Lot: 1
  • Tax Tract Number: 37

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
May 27, 2021
Sold by
Bought by
Seller's Agent
TERESA HERNANDEZ
CENTURY 21 MASTERS
Buyer's Agent
JOSE SOTO
CENTURY 21 CITRUS REALTY INC
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$605,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,438
Avg. Annual Appreciation
2.83%

Purchase Details

Closed on
Jul 14, 2020
Sold by
Bought by

Purchase Details

Closed on
Apr 25, 2019
Sold by
Bought by

Purchase Details

Listed on
Dec 19, 2018
Closed on
Jan 24, 2019
Sold by
Bought by
Seller's Agent
Jacqueline Walker
HomeSmart, Evergreen Realty
Buyer's Agent
KATHLEEN ALMENDAREZ
CRMLS Member Transfer
List Price
$249,900
Sold Price
$277,000
Premium/Discount to List
$27,100
10.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.07%

Purchase Details

Closed on
Sep 24, 1997
Sold by
Bought by

Purchase Details

Closed on
Jul 7, 1997
Sold by
Bought by

Purchase Details

Closed on
Nov 15, 1994
Sold by
Bought by

Purchase Details

Closed on
Jun 28, 1993
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$525,000 Fidelity National Title
$300,000 Old Republic Title Co
-- None Available
$277,000 North American Title Company
$80,000 First American
$86,786 First American Title Ins Co
$30,120 North American Title Company
-- North American Title Co
$120,000 North American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $86,720
Previous Owner $81,194
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2021 06/09/21 Sold $525,000 0.0% $508 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $525,000 +89.5% $508 / Sq Ft
02/06/2019 02/06/19 Sold $277,000 0.0% $160 / Sq Ft View Prior Sale
01/11/2019 01/11/19 Off Market $277,000 -- --
01/10/2019 01/10/19 For Sale $249,900 -9.8% $145 / Sq Ft
01/03/2019 01/03/19 Off Market $277,000 -- --
12/23/2018 12/23/18 For Sale $249,900 -9.8% $145 / Sq Ft
12/19/2018 12/19/18 Off Market $277,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,158 $568,276 $146,128 $422,148
2023 $6,158 $546,210 $140,454 $405,756
2022 $6,031 $535,500 $137,700 $397,800
2021 $3,480 $300,000 $75,001 $224,999
2020 $3,548 $306,000 $76,500 $229,500
2019 $3,389 $300,000 $75,001 $224,999
2018 $1,192 $112,234 $49,101 $63,133
2017 $1,262 $110,035 $48,139 $61,896
2016 $1,242 $107,879 $47,196 $60,683
2015 $1,224 $106,260 $46,488 $59,772
2014 $1,144 $104,180 $45,578 $58,602
Source: Public Records

Agents Affiliated with this Home

  • TERESA HERNANDEZ

    Seller's Agent in 2021

    TERESA HERNANDEZ

    CENTURY 21 MASTERS

    (626) 893-9119

    3 in this area

    35 Total Sales

    TERESA HERNANDEZ
    Section Image

  • J

    Buyer's Agent in 2021

    JOSE SOTO

    CENTURY 21 CITRUS REALTY INC

    Section Image
  • Jacqueline Walker

    Seller's Agent in 2019

    Jacqueline Walker

    HomeSmart, Evergreen Realty

    (949) 244-4534

    74 Total Sales

    Jacqueline Walker
    Section Image

  • K

    Buyer's Agent in 2019

    KATHLEEN ALMENDAREZ

    CRMLS Member Transfer

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21115369

California Regional Multiple Listing Service (CRMLS)

APN: 181-053-035

California Riverside County Riverside 92509 Rubidoux

5581 Molino Way, Riverside, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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