$480,000
SOLD NOV 6, 2024

5747 Balboa Way Riverside, CA 92504

3 Beds
2 Baths
1,305 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$368 Per Sq Ft

12% Above List Price

6 Days on Market

Highlights

  • In Ground Pool
  • Midcentury Modern Architecture
  • Neighborhood Views
  • Solar Power System
  • No HOA
  • Family Room Off Kitchen

About This Home

As of July 2025

Owner is looking for CASH only buyers, No exceptions. Investor's Dream Opportunity! Welcome to 5747 Balboa Way, Riverside—a prime investment property with endless potential! This charming home features 3 bedrooms and 2 baths, plus a garage conversion currently being used as an additional bedroom, offering extra living space. The open kitchen seamlessly flows into the dining area, perfect for family meals and gatherings. The cozy living room boasts a fireplace and sliding door access to the spacious backyard. Outdoors, you'll find a gated inground pool, ideal for relaxing on hot summer days, and plenty of extra space for entertaining guests. Situated in a quiet cul-de-sac, this property provides privacy and a family-friendly atmosphere. Don't miss out—this home won't last long!

Last Agent to Sell the Property

Jose Viramontes

Innovate Realty, Inc. Brokerage Phone: 951-973-1444 License #01144505 Listed on: 10/02/2024

Last Buyer's Agent

Daniel Sievers

Innovate Realty, Inc. License #01834378

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,524

Year Built

  • Built in 1955

Lot Details

  • 7,841 Sq Ft Lot
  • Cul-De-Sac
  • Wood Fence
  • Back Yard

Home Design

  • Midcentury Modern Architecture
  • Cosmetic Repairs Needed
  • Shingle Roof

Interior Spaces

  • 1,305 Sq Ft Home
  • 1-Story Property
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Neighborhood Views
  • Gas Cooktop

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • Parking Available
  • Driveway

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 31002
  • Assessor Parcel Number 190302034
  • $2,907 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,524

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-1
  • Architectural Style: Mid Century Modern
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 190302034
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1305.00 Square Feet
  • Stories: 1
  • Entry Location: Main
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Family Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 367.82
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Riverside Unified

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 310.02
  • Tax Lot: 27
  • Tax Tract Number: 031002
  • TaxOtherAnnualAssessmentAmount: 2907.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2025
Closed on
May 12, 2025
Sold by
A2z Investment Group Llc
Bought by
Trejo Alexander
Seller's Agent
Jeff Brown
Alta Realty Group
Buyer's Agent
Nanci Segura De Correa
Amberwood Real Estate
List Price
$599,000
Sold Price
$650,000
Premium/Discount to List
$51,000
8.51%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-94.67%
Original Mortgage
$638,226
Interest Rate
6.81%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 2, 2024
Closed on
Nov 5, 2024
Sold by
Bear Flag Homes Llc
Bought by
A2z Investment Group Llc
Seller's Agent
Jose Viramontes
Innovate Realty, Inc.
Buyer's Agent
Daniel Sievers
Innovate Realty, Inc.
List Price
$430,000
Sold Price
$480,000
Premium/Discount to List
$50,000
11.63%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.43%

Purchase Details

Listed on
Oct 2, 2024
Closed on
Oct 25, 2024
Sold by
Martinez Jesus Garcia and Palestino Josefina
Bought by
Bear Flag Homes Llc
Seller's Agent
Jose Viramontes
Innovate Realty, Inc.
Buyer's Agent
Daniel Sievers
Innovate Realty, Inc.
List Price
$430,000
Sold Price
$480,000
Premium/Discount to List
$50,000
11.63%
Views
56

Purchase Details

Closed on
Dec 22, 2016
Sold by
Martinez Jesus Garcia and Palestino Josefina
Bought by
Martinez Jesus Garcia and Palestino Josefina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,600
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2010
Sold by
Villeda Alfredo and Villeda Jose A
Bought by
Garcia Jesus and Palestino Josefina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,568
Interest Rate
5.03%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 2009
Sold by
Plancarte Maria
Bought by
Villeda Alfredo and Villeda Jose A

Purchase Details

Closed on
Dec 13, 2007
Sold by
Avelo Mortgage Llc
Bought by
Plancarte Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2007
Sold by
Roman Wylene
Bought by
Avelo Mortgage Llc

Purchase Details

Closed on
Mar 16, 2006
Sold by
Evermore Development Llc
Bought by
Roman Wylene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2006
Sold by
Young John E
Bought by
Evermore Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2006
Sold by
Roman Rommel
Bought by
Roman Wylene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2005
Sold by
Young Sheryl J
Bought by
Young John E

Purchase Details

Closed on
Feb 4, 2005
Sold by
Gomez Eric E and Gomez Sara L
Bought by
Gomez Eric E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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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 $650,000 Lawyers Title
Grant Deed $500,000 Lawyers Title
Grant Deed $500,000 Lawyers Title
Grant Deed $480,000 Pacific Coast Title
Interfamily Deed Transfer -- Title365
Grant Deed $183,000 Lsi Title Agency
Grant Deed $110,000 Ticor Title
Grant Deed $275,000 Chicago Title Company
Trustee Deed $262,500 Accommodation
Grant Deed $390,000 Stewart Title Riverside
Grant Deed -- None Available
Interfamily Deed Transfer -- Stewart Title Riverside
Interfamily Deed Transfer -- Stewart Title Riverside
Grant Deed -- Stewart Title Riverside
Interfamily Deed Transfer -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $638,226 FHA
Previous Owner $254,000 New Conventional
Previous Owner $229,600 New Conventional
Previous Owner $225,885 FHA
Previous Owner $199,500 New Conventional
Previous Owner $185,215 FHA
Previous Owner $180,568 FHA
Previous Owner $275,000 Purchase Money Mortgage
Previous Owner $312,000 Purchase Money Mortgage
Previous Owner $198,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $155,900 Unknown
Previous Owner $15,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Sold $650,000 +8.5% $393 / Sq Ft
05/04/2025 05/04/25 Pending -- -- --
05/01/2025 05/01/25 For Sale $599,000 +24.8% $363 / Sq Ft
11/06/2024 11/06/24 Sold $480,000 0.0% $368 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
10/08/2024 10/08/24 Off Market $480,000 -- --
10/02/2024 10/02/24 For Sale $430,000 -- $330 / 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
2023 $2,524 $227,028 $124,062 $102,966
2022 $5,305 $222,578 $121,630 $100,948
2021 $5,281 $218,215 $119,246 $98,969
2020 $5,217 $215,979 $118,024 $97,955
2019 $5,171 $211,745 $115,710 $96,035
2018 $5,119 $207,594 $113,441 $94,153
2017 $5,057 $203,524 $111,217 $92,307
2016 $2,140 $199,535 $109,037 $90,498
2015 $2,108 $196,540 $107,400 $89,140
2014 $2,087 $192,693 $105,298 $87,395
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG24204209

California Regional Multiple Listing Service (CRMLS)

APN: 190-302-034