NOT LISTED FOR SALE

Estimated Value: $3,005,244

5.27 Acres
$570,255 Price per Acre
229,561 Sq Ft Lot

Last Sold January 31, 2020

Last sale price $2,150,000

Est. 40% increase in value since last sale

Current estimated payment $16,473/month

197 Days on Market

Highlights

  • Senior Community
  • Corner Lot
  • Neighborhood Views
  • 5.27 Acre Lot
  • No HOA

About This Lot

As of January 2020

This is one of the best lots that you could ask for. Paved streets, utilities on site, corner lot, all useable, more than five acres, under $11.50/sqft, PRIME mature residential neighborhood, three minutes to fwy 91, nine minutes to fwys 60 and 215, nine minutes to UC Riverside. Best city to work on your land, with an open-minded owner to come and talk about your plan.
You can build single houses, senior housing, franchise senior care center; or build a mansion to enjoy as your own.
Single family minimum 100x110 each lot size. Previous conditional permit for 85 units assist senior housing was expired May 2017.

Last Agent to Sell the Property

Ingrid Huang

UPCITY GROUP License #01056314 Listed on: 01/08/2019

Last Buyer's Agent

Larry Black

Better Homes and Gardens Real Estate The Heritage Group License #00674504

Better Homes and Gardens Real Estate The Heritage Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,170

Lot Details

  • 5.27 Acre Lot
  • Corner Lot
  • Property is zoned R1065

Property Views

  • Neighborhood Views

Listing and Financial Details

  • Assessor Parcel Number 222250006

Community Details

Overview

  • Senior Community
  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$1,170

Lot Details

0

Listing Details

  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R1065
  • Property Type: Land
  • Parcel Number: 222250006
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 9.37

Exterior Features

  • View: Neighborhood

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Electric: Standard
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 229561.00
  • Lot Size Acres: 5.2700
  • Latitude Manual: 33.94896100

Multi Family

  • Lot Size Area: 229561.0000 Square Feet

Tax Info

  • Tax Census Tract: 306.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2019
Closed on
Dec 6, 2019
Sold by
Li Ting Ting
Bought by
Wuo Steve T
Seller's Agent
Ingrid Huang
UPCITY GROUP
Buyer's Agent
Larry Black
Better Homes and Gardens Real Estate The Heritage Group
List Price
$2,100,000
Sold Price
$2,150,000
Premium/Discount to List
$50,000
2.38%
Current Estimated Value
$3,005,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$855,244
Avg. Annual Appreciation
6.20%

Purchase Details

Closed on
Aug 29, 2019
Sold by
Wuo Steve T
Bought by
Orangecrest Community Church

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,397,500
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 2013
Sold by
Wuo Steve T and Wuo Kuanyih
Bought by
Wuo Steve T

Purchase Details

Closed on
Oct 27, 2011
Sold by
First General Bank
Bought by
Wuo Steve T and Wuo Kuan Yih

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.01%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 20, 2010
Sold by
Integrated Athletics Inc
Bought by
Golden Security Bank

Purchase Details

Closed on
Oct 23, 2002
Sold by
City Of Riverside
Bought by
Integrated Athletics Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 9, 1993
Sold by
The City Of Riverside Municipal Improvem
Bought by
City Of Riverside
Source: Public Records

Range of Values:

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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
Wuo Steve T -- Stewart Title Of Ca Inc
Orangecrest Community Church $2,150,000 Stewart Title Of Ca Inc
Wuo Steve T -- None Available
Wuo Steve T $560,000 Lawyers Title
Golden Security Bank $699,670 Lawyers Title
Integrated Athletics Inc -- Chicago Title Co
City Of Riverside -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Orangecrest Community Church $2,515,000
Closed Orangecrest Community Church $442,500
Closed Orangecrest Community Church $3,040,000
Previous Owner Orangecrest Community Church $1,397,500
Previous Owner Wuo Steve T $360,000
Previous Owner Integrated Athletics Inc $640,000
Previous Owner Integrated Athletics Inc $150,000
Closed Integrated Athletics Inc $301,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $2,150,000 +2.4% --
01/05/2020 01/05/20 For Sale $2,100,000 0.0% --
07/24/2019 07/24/19 Pending -- -- --
07/07/2019 07/07/19 Price Changed $2,100,000 -19.2% --
01/08/2019 01/08/19 For Sale $2,600,000 -- --
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 $1,170 $2,351,335 $2,329,464 $21,871
2023 $1,170 $2,260,032 $2,239,009 $21,023
2022 $25,815 $2,215,718 $2,195,107 $20,611
2021 $25,409 $2,172,273 $2,152,066 $20,207
2020 $8,372 $643,154 $620,189 $22,965
2019 $8,231 $630,544 $608,029 $22,515
2018 $8,088 $618,181 $596,107 $22,074
2017 $8,181 $606,061 $584,419 $21,642
2016 $7,515 $594,178 $572,960 $21,218
2015 $7,322 $585,254 $564,354 $20,900
2014 $7,164 $573,792 $553,300 $20,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19008033

California Regional Multiple Listing Service (CRMLS)

APN: 222-250-006