NOT LISTED FOR SALE

5589 Central Ave Riverside, CA 92504

Estimated Value: $573,932 - $616,000

3 Beds
1 Bath
1,532 Sq Ft
$385/Sq Ft Est. Value

Last Sold December 04, 2012

Last sale price $130,000 $85 Per Sq Ft

Est. 353% increase in value since last sale

Current estimated payment $3,228/month

Highlights

  • No HOA
  • Fireplace
  • Cooling Available

About This Home

As of June 2013

Terrific Home in Riverside on a Large Lot* New carpet and tile floors and cabinets in kitchen* Spacious family room and dining room* New Paint inside* This is a MUST see!

Last Agent to Rent the Property

Charles Chacon

Keller Williams Realty License #00800790 Listed on: 02/14/2013

Keller Williams Realty

Last Renter's Agent

Charles Chacon

Keller Williams Realty License #00800790 Listed on: 02/14/2013

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 0.27

Interior Spaces

  • 1,532 Sq Ft Home
  • Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Additional Features

  • 0.27 Acre Lot
  • Cooling Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $1,395
  • 12-Month Minimum Lease Term
  • Tax Lot 185
  • Tax Tract Number 25069
  • Assessor Parcel Number 190184038

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Rental Info

  • Credit Check Paid By: Tenant
  • Deposit Key: 25
  • Deposit Pets: 200
  • Deposit Security: 1395
  • Furnished: Unfurnished

Listing Details

  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 190184038
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1532.00
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 0.85

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 11761.00
  • Lot Size Acres: 0.2700

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 11761.0000 Square Feet

Tax Info

  • Tax Lot: 185
  • Tax Tract Number: 25069

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2014
Sold by
Chacon Acquisitions Llc
Bought by
Cc Rental Properties Llc
Current Estimated Value
$589,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,675,000
Outstanding Balance
$2,792,375
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$2,202,892

Purchase Details

Listed on
Sep 4, 2012
Closed on
Jan 17, 2013
Sold by
Gf Services Llc
Bought by
Chacon Acquisitions Llc
Seller's Agent
Joel Phillips
Lighthouse Properties
Buyer's Agent
Justin Tye
Active Realty
List Price
$161,900
Sold Price
$130,000
Premium/Discount to List
-$31,900
-19.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.25%

Purchase Details

Listed on
Sep 4, 2012
Closed on
Nov 15, 2012
Sold by
Federa Home Loan Mortgage Corporation
Bought by
G F Services Llc
Seller's Agent
Joel Phillips
Lighthouse Properties
Buyer's Agent
Justin Tye
Active Realty
List Price
$161,900
Sold Price
$130,000
Premium/Discount to List
-$31,900
-19.7%

Purchase Details

Closed on
Aug 8, 2011
Sold by
Faboreno Jose N and Canovas Socorro Pena Flores
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 24, 2010
Sold by
Faboreno Jose N
Bought by
Peralta Juan T and Faboreno Jose N

Purchase Details

Closed on
Nov 30, 2006
Sold by
Faboreno Jose N
Bought by
Faboreno Jose N and Canovas Socorro Pena Flores

Purchase Details

Closed on
Apr 15, 2005
Sold by
Penaflores Socorro
Bought by
Faboreno Jose N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2003
Sold by
Faboreno Jose N and Faboreno Edmundo
Bought by
Faboreno Jose N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 1994
Sold by
Faboreno Socorro
Bought by
Faboreno Jose N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,175
Interest Rate
8.92%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 1994
Sold by
Osborn George M and Osborn Philip G
Bought by
Faboreno Jose N and Faboreno Edmundo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,175
Interest Rate
8.92%
Mortgage Type
FHA
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

Date Buyer Sale Price Title Company
Cc Rental Properties Llc -- First American Title Company
Chacon Acquisitions Llc $130,000 Chicago Title Inland Empire
G F Services Llc $130,045 Servicelink
Federal Home Loan Mortgage Corporation $140,000 Accommodation
Peralta Juan T -- None Available
Faboreno Jose N -- Accommodation
Faboreno Jose N -- United Title Company
Faboreno Jose N -- Old Republic Title Company
Faboreno Jose N -- Chicago Title Company
Faboreno Jose N $84,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cc Rental Properties Llc $3,675,000
Previous Owner Faboreno Jose N $202,500
Previous Owner Faboreno Jose N $147,000
Previous Owner Faboreno Jose N $83,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2013 06/01/13 Rented $1,300 -6.8% --
05/16/2013 05/16/13 Under Contract -- -- --
02/14/2013 02/14/13 For Rent $1,395 0.0% --
12/04/2012 12/04/12 Sold $130,000 -10.3% $85 / Sq Ft View Prior Sale
10/10/2012 10/10/12 Price Changed $145,000 -10.4% $95 / Sq Ft
09/07/2012 09/07/12 For Sale $161,900 +24.5% $106 / Sq Ft
09/06/2012 09/06/12 Off Market $130,000 -- --
09/04/2012 09/04/12 For Sale $161,900 -- $106 / 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 $1,784 $160,070 $49,250 $110,820
2023 $1,784 $153,857 $47,339 $106,518
2022 $1,744 $150,841 $46,411 $104,430
2021 $1,734 $147,884 $45,501 $102,383
2020 $1,721 $146,369 $45,035 $101,334
2019 $1,690 $143,500 $44,152 $99,348
2018 $1,658 $140,687 $43,287 $97,400
2017 $1,629 $137,930 $42,439 $95,491
2016 $1,528 $135,226 $41,607 $93,619
2015 $1,506 $133,197 $40,983 $92,214
2014 $1,491 $130,589 $40,181 $90,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG13023351

California Regional Multiple Listing Service (CRMLS)

APN: 190-184-038