NOT LISTED FOR SALE

5765 Favela Dr Riverside, CA 92509

Pedley Neighborhood

Estimated Value: $639,000 - $706,000

3 Beds
2.5 Baths
1,941 Sq Ft
$342/Sq Ft Est. Value

Last Sold December 02, 2013

Last sale price $313,000 $161 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $3,810/month

16 Days on Market

Highlights

  • Corner Lot
  • 3 Car Attached Garage
  • Central Air
  • No HOA
  • Garden

About This Home

As of December 2013

COME STEAL THIS INDIAN HILLS BEAUTY. HOME HAS BEEN RECENTLY UPDATED INCLUDING A BRAN NEW A/C UNIT, LANDSCAPE, INTERIOR-EXTERIOR NEW PAINT, HEATER,APPLIANCES, LIGHT FIXTURES, GARAGE DOORS, SPRINKLER SYSTEM ETC. THIS MULI LEVEL HOME BOASTS A HUGE FAMILY ROOM WITH FIREPLACE AND WET BAR, SEPARATE DINING AND LIVING ROOM, MASTER SUITE WITH DUAL CLOSETS, 1/2 BATH DOWNSTAIRS. COVERED PATIO, HUGE YARD, FRONT PORCH, 3 CAR GARAGE AND ALL WITHIN WALKING TO SHOPPING THEATERS METRO. GREAT ELEMENTARY SCHOOL AND HIGH SCHOOL. THIS HOME AND ALL THE WONDERFUL FEATURES IS PRICE RIGHT AND IS ANY HOMEOWNERS DREAM COME TRUE.

Last Agent to Sell the Property

Gregorio Vargas

Gregorio Vargas, Broker License #01717904 Listed on: 11/12/2013

Last Buyer's Agent

Tonya Gachett

Adequate Real Estate Service License #01835501

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot
  • Corners Of The Lot Have Been Marked
  • Garden
  • Front Yard

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 1,941 Sq Ft Home
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Additional Features

  • Exterior Lighting
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 166281007

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 166281007
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1941.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 161.26
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Corners Marked, Front Yard, Garden, Corner Lot
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2013
Closed on
Nov 1, 2013
Sold by
Calvache Blanca
Bought by
Norwood Debra R
Seller's Agent
Gregorio Vargas
Gregorio Vargas, Broker
Buyer's Agent
Tonya Gachett
Adequate Real Estate Service
List Price
$309,000
Sold Price
$313,000
Premium/Discount to List
$4,000
1.29%
Current Estimated Value
$664,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,338
Avg. Annual Appreciation
6.42%
Original Mortgage
$250,400
Outstanding Balance
$186,736
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$477,602

Purchase Details

Listed on
Jul 1, 2013
Closed on
Aug 7, 2013
Sold by
Ramirez Ivonne Vargas
Bought by
Calvache Blanca
Seller's Agent
Yosman Sanchez
Prime Nest Realty, Inc.
Buyer's Agent
Yosman Sanchez
Prime Nest Realty, Inc.
List Price
$249,000
Sold Price
$209,000
Premium/Discount to List
-$40,000
-16.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
323.08%

Purchase Details

Closed on
Apr 17, 2007
Sold by
Ramirez Ivonne Vargas and Montiel Jario
Bought by
Ramirez Ivonne Vargas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,500
Interest Rate
6.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 6, 2007
Sold by
Montiel Jairo
Bought by
Ramirez Ivonne Vargas and Montiel Jairo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,500
Interest Rate
6.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 27, 2003
Sold by
Corros Arabela and Corros Gerard
Bought by
Montiel Jairo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2001
Sold by
Corros Arabela
Bought by
Corros Gerard and Corros Arabela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 1999
Sold by
Davis Theresa Ann
Bought by
Davis Michael Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,700
Interest Rate
7.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 1999
Sold by
Davis Michael C
Bought by
Corros Arabela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,700
Interest Rate
7.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 1999
Sold by
Corres Gerard
Bought by
Corres Arabela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,700
Interest Rate
7.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 1995
Sold by
Davis Rodney and Davis Elaine
Bought by
Davis Michael Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,597
Interest Rate
7.37%
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
Norwood Debra R $313,000 Western Resources Title Co
Calvache Blanca $209,000 Western Resources Title Co
Ramirez Ivonne Vargas -- Commonwealth Land Title Co
Ramirez Ivonne Vargas -- Accommodation
Montiel Jairo $285,000 United Title Company
Corros Gerard -- American Title
Davis Michael Craig -- First American Title Co
Corros Arabela $166,000 First American Title Co
Corres Arabela -- First American Title Co
Davis Michael Craig $300,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norwood Debra R $250,400
Previous Owner Ramirez Ivonne Vargas $318,500
Previous Owner Montiel Jairo $228,000
Previous Owner Corros Gerard $158,400
Previous Owner Corros Arabela $157,700
Previous Owner Davis Michael Craig $147,597
Closed Montiel Jairo $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2013 12/02/13 Sold $313,000 +1.3% $161 / Sq Ft
10/20/2013 10/20/13 Pending -- -- --
10/04/2013 10/04/13 For Sale $309,000 +47.8% $159 / Sq Ft
08/22/2013 08/22/13 Sold $209,000 0.0% $108 / Sq Ft View Prior Sale
08/12/2013 08/12/13 Pending -- -- --
08/12/2013 08/12/13 Off Market $209,000 -- --
08/02/2013 08/02/13 Price Changed $274,900 +10.4% $142 / Sq Ft
07/01/2013 07/01/13 For Sale $249,000 0.0% $128 / Sq Ft
07/01/2013 07/01/13 Price Changed $249,000 -0.4% $128 / Sq Ft
06/21/2013 06/21/13 Pending -- -- --
06/18/2013 06/18/13 Price Changed $250,000 +31.6% $129 / Sq Ft
05/26/2013 05/26/13 For Sale $190,000 -9.1% $98 / Sq Ft
04/29/2013 04/29/13 Off Market $209,000 -- --
04/29/2013 04/29/13 For Sale $190,000 -9.1% $98 / Sq Ft
03/29/2013 03/29/13 Off Market $209,000 -- --
03/29/2013 03/29/13 For Sale $190,000 -- $98 / 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 $4,063 $383,681 $98,061 $285,620
2023 $4,063 $368,784 $94,254 $274,530
2022 $3,992 $361,554 $92,406 $269,148
2021 $3,962 $354,466 $90,595 $263,871
2020 $3,926 $350,833 $89,667 $261,166
2019 $3,847 $343,955 $87,909 $256,046
2018 $3,723 $337,212 $86,186 $251,026
2017 $3,683 $330,601 $84,497 $246,104
2016 $3,631 $324,120 $82,841 $241,279
2015 $3,581 $319,253 $81,598 $237,655
2014 $3,352 $313,000 $80,000 $233,000
Source: Public Records

Agents Affiliated with this Home

  • Gregorio Vargas

    Seller's Agent in 2013

    Gregorio Vargas

    Gregorio Vargas, Broker

    (714) 454-9295

    6 Total Sales

    Gregorio Vargas
    Section Image
  • Yosman Sanchez

    Seller's Agent in 2013

    Yosman Sanchez

    Prime Nest Realty, Inc.

    (949) 742-0237

    9 Total Sales

    Yosman Sanchez
    Section Image

  • T

    Buyer's Agent in 2013

    Tonya Gachett

    Adequate Real Estate Service

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13203088

California Regional Multiple Listing Service (CRMLS)

APN: 166-281-007

California Riverside County Riverside 92509 Pedley

5765 Favela Dr, Riverside, CA

Not Listed for Sale

Detached

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