NOT LISTED FOR SALE

5720 Via Cervantes Riverside, CA 92506

Estimated Value: $773,000 - $850,000

4 Beds
2 Baths
2,034 Sq Ft
$400/Sq Ft Est. Value

Last Sold October 24, 2018

Last sale price $510,000 $251 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,810/month

10 Days on Market

Highlights

  • 31,363 Sq Ft lot
  • No HOA
  • Fireplace
  • Canyon View
  • Cul-De-Sac
  • 2 Car Attached Garage

About This Home

As of October 2018

Act fast! This single story Canyon Crest home is perfectly located and packed with features! Enjoy close proximity to Canyon Crest Town Center, the Country Club, UCR and Sycamore Canyon Wilderness Park. The interior just underwent extensive updating, to include new flooring, quartz counters and fresh paint. The deep 2-car garage leaves plenty of room for storage or a garage workshop. The home sits on an over-sized lot, nearly ¾ acre…hard to find in Canyon Crest, with mature fruit trees and room to personalize the remaining land. Relax in the afternoon shade of the back yard patio and soak in the views of nearby golden hills and green canyons. Situated on a quiet cul de sac street in an established neighborhood with mature trees. All this and more for under $500,000 in Canyon Crest!

Last Agent to Sell the Property

Ryan McKee

ELEVATE REAL ESTATE AGENCY License #01843253 Listed on: 09/10/2018

ELEVATE REAL ESTATE AGENCY

Co-Listed By

MICHAEL MCKEE

ELEVATE REAL ESTATE AGENCY License #02030377

Last Buyer's Agent

MEGAN ROBERTSON

CORCORAN GLOBAL LIVING License #02034887

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,219

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 0.72 Acre Lot
  • Cul-De-Sac
  • Back and Front Yard
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Property Views

  • Canyon
  • Hills

Interior Spaces

  • 2,034 Sq Ft Home
  • 1-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 3820
  • Assessor Parcel Number 253293013

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,219

Year Built

Built in 1974 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 253293013
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2034.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 250.74

Exterior Features

  • View: Canyon, Hills
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • 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: Curbs, Sidewalks, Street Lights

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard
  • Lot Size Sq Ft: 31363.00

Multi Family

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

Tax Info

  • Tax Census Tract: 422.17
  • Tax Lot: 22
  • Tax Tract Number: 3820

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2021
Sold by
Velazquez Enriqueta and Lewis Lorena
Bought by
Velazquez Enriqueta and The Velazquez Family Trust
Current Estimated Value
$812,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Outstanding Balance
$331,045
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$486,146

Purchase Details

Listed on
Sep 10, 2018
Closed on
Oct 17, 2018
Sold by
Lewis Jared
Bought by
Lewis Lorena
Seller's Agent
Ryan McKee
ELEVATE REAL ESTATE AGENCY
Buyer's Agent
MEGAN ROBERTSON
CORCORAN GLOBAL LIVING
List Price
$499,000
Sold Price
$510,000
Premium/Discount to List
$11,000
2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$408,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 10, 2018
Closed on
Oct 3, 2018
Sold by
Clerc Jennifer Le
Bought by
Alvarez Ricky J
Seller's Agent
Ryan McKee
ELEVATE REAL ESTATE AGENCY
Buyer's Agent
MEGAN ROBERTSON
CORCORAN GLOBAL LIVING
List Price
$499,000
Sold Price
$510,000
Premium/Discount to List
$11,000
2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 10, 2018
Closed on
Sep 26, 2018
Sold by
Alvarez Ricky J
Bought by
Velazquez Cesar C and Velazquez Enriqueta
Seller's Agent
Ryan McKee
ELEVATE REAL ESTATE AGENCY
Buyer's Agent
MEGAN ROBERTSON
CORCORAN GLOBAL LIVING
List Price
$499,000
Sold Price
$510,000
Premium/Discount to List
$11,000
2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 14, 2008
Sold by
Austin Harold R and Austin Rosemary R
Bought by
Alvarez Ricky J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,400
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 1998
Sold by
Austin Harold R and Austin Rosemary R
Bought by
Austin Harold R and Austin Rosemary R

Purchase Details

Closed on
May 25, 1994
Sold by
Austin Harold R and Austin Rosemary R
Bought by
Austin Harold R and Austin Rosemary R
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
Velazquez Enriqueta -- Accommodation
Lewis Lorena -- Ticor Title
Alvarez Ricky J -- Ticor Title
Velazquez Cesar C $510,000 Ticor Title
Alvarez Ricky J $450,000 Stewart Title Riverside
Austin Harold R -- --
Austin Harold R -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Enriqueta $382,500
Closed Velazquez Enriqueta $382,500
Previous Owner Velazquez Cesar C $408,000
Previous Owner Alvarez Ricky J $370,270
Previous Owner Alvarez Ricky J $396,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2018 10/24/18 Sold $510,000 +2.2% $251 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $499,000 -- $245 / 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 $6,219 $574,342 $111,185 $463,157
2023 $6,219 $552,041 $106,868 $445,173
2022 $6,077 $541,218 $104,773 $436,445
2021 $5,991 $530,607 $102,719 $427,888
2020 $5,891 $520,199 $101,998 $418,201
2019 $5,780 $510,000 $99,999 $410,001
2018 $5,332 $477,000 $127,000 $350,000
2017 $4,993 $446,000 $119,000 $327,000
2016 $4,517 $423,000 $113,000 $310,000
2015 $4,520 $423,000 $113,000 $310,000
2014 $4,188 $388,000 $103,000 $285,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18216732

California Regional Multiple Listing Service (CRMLS)

APN: 253-293-013