$251,000
SOLD MAR 7, 2018

5611 Walter St Riverside, CA 92504

3 Beds
2 Baths
1,038 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$242 Per Sq Ft

7% Above List Price

9 Days on Market

Highlights

  • Property is near a park
  • Private Yard
  • Tile Countertops
  • Corner Lot
  • No HOA
  • 5-minute walk to Nichols Park

About This Home

As of April 2019

Investor special , priced for quick sale. Cash offers only.

Last Agent to Sell the Property

KELLY TESSO

SHEPHERD REALTY GROUP License #01342864 Listed on: 02/17/2018

Last Buyer's Agent

KELLY TESSO

SHEPHERD REALTY GROUP License #01342864 Listed on: 02/17/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,214

Year Built

  • Built in 1953

Lot Details

  • 6,970 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Corner Lot
  • Private Yard
  • Property is zoned R1

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Major Repairs Completed
  • Foam Roof

Interior Spaces

  • 1,038 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Property is near a park
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 125/
  • Tax Tract Number 9
  • Assessor Parcel Number 190181009

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,214

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Zoning: R1
  • Property Condition: Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 190181009
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1038.00 Square Feet
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 241.81
  • Room Type: Kitchen, Living Room

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Foam
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Park Nearby, Yard
  • Lot Size Sq Ft: 6970.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 310.02
  • Tax Lot: 125/
  • Tax Tract Number: 9-002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2018
Closed on
Mar 12, 2019
Sold by
Redc Acquisitions Llc
Bought by
Lucero Antonio E and Lucero Brenda
Seller's Agent
FRED BARRERA
PREMIER AGENT NETWORK
Buyer's Agent
Curtis Rodriguez
HomeSmart, Evergreen Realty
List Price
$349,999
Sold Price
$353,000
Premium/Discount to List
$3,001
0.86%
Current Estimated Value
$553,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,201
Avg. Annual Appreciation
7.36%
Original Mortgage
$346,606
Interest Rate
4.3%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 17, 2018
Closed on
Feb 27, 2018
Sold by
Garrett Clare and Unger Terry
Bought by
Redc Acquisitions Llc
Seller's Agent
KELLY TESSO
SHEPHERD REALTY GROUP
Buyer's Agent
KELLY TESSO
SHEPHERD REALTY GROUP
List Price
$235,000
Sold Price
$251,000
Premium/Discount to List
$16,000
6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.13%
Original Mortgage
$233,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2004
Sold by
Garrett Clare and Garrett Clare Sue
Bought by
Garrett Clare and Unger Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
5.72%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 1, 1995
Sold by
Riverside Housing Development Corp
Bought by
Garrett Clare Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,566
Interest Rate
8.32%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 1995
Sold by
Ba Properties Inc
Bought by
Riverside Housing Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,450
Interest Rate
9.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 1994
Sold by
Rodriguez Jose A and Rodriguez Jose Arguello
Bought by
Ba Properties Inc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $353,000 California Members Title Co
Grant Deed $251,000 First American Title Company
Interfamily Deed Transfer -- Fidelity National Financial
Corporate Deed $95,000 First American Title Ins Co
Corporate Deed $60,000 World Title
Trustee Deed $52,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $345,035 FHA
Closed $346,807 FHA
Closed $346,606 FHA
Previous Owner $26,500 Unknown
Previous Owner $233,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $185,000 Fannie Mae Freddie Mac
Previous Owner $146,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $80,493 FHA
Previous Owner $82,566 FHA
Previous Owner $60,450 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2019 04/05/19 Sold $353,000 +0.9% $340 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $349,999 0.0% $337 / Sq Ft
12/05/2018 12/05/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $349,999 +39.4% $337 / Sq Ft
03/07/2018 03/07/18 Sold $251,000 +6.8% $242 / Sq Ft
02/27/2018 02/27/18 For Sale $235,000 -6.4% $226 / Sq Ft
02/26/2018 02/26/18 Off Market $251,000 -- --
02/26/2018 02/26/18 Pending -- -- --
02/17/2018 02/17/18 For Sale $235,000 -- $226 / 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 $4,214 $687,153 $100,395 $586,758
2023 $4,214 $378,486 $96,498 $281,988
2022 $4,116 $371,065 $94,606 $276,459
2021 $4,064 $363,790 $92,751 $271,039
2020 $4,111 $360,060 $91,800 $268,260
2019 $2,949 $256,020 $71,400 $184,620
2018 $1,492 $132,830 $45,749 $87,081
2017 $1,464 $130,226 $44,852 $85,374
2016 $1,372 $127,673 $43,973 $83,700
2015 $1,351 $125,757 $43,313 $82,444
2014 $1,337 $123,295 $42,465 $80,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18038331

California Regional Multiple Listing Service (CRMLS)

APN: 190-181-009