NOT LISTED FOR SALE

5775 Central Ave Riverside, CA 92504

Estimated Value: $601,000 - $668,000

2 Beds
3 Baths
1,647 Sq Ft
$388/Sq Ft Est. Value

Last Sold February 13, 2019

Last sale price $407,000 $247 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,754/month

76 Days on Market

Highlights

  • Property is near public transit
  • Private Yard
  • Circular Driveway
  • Bonus Room with Fireplace
  • No HOA
  • Converted Garage

About This Home

As of February 2019

HUGE PRICE REDUCTION!!! Riverside single story home sitting in almost 3 quarter acre lot is now on the market!!! Circular driveway with double automatic gate door give you easy access to this beautiful home. Tons of potential to run a business out of your home or expand for a big family. House is a turn key, with beautiful hardwood floors and new carpet, freshly inside paint, this house counts with 2 bedrooms on records with a bonus room that can be used as a huge master bedroom with retreat area. Many fruit trees (Orange, lemon, avocado, figs, pomegranate, tangerine, peach, almond and loquat trees :-) ) Property currently has a 1300 square foot structure where seller use to run a distribution business with access to loading zone. Come and see this property and think on the endless possibilities. Make this house your home :-)

Last Agent to Sell the Property

Lilia Garcia

DYNASTY REAL ESTATE License #01326715 Listed on: 11/14/2018

DYNASTY  REAL ESTATE

Last Buyer's Agent

Judith Padilla

Realty One Group West License #01773460

Realty One Group West

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.71 Acre Lot
  • Rectangular Lot
  • Private Yard
  • Property is zoned R1

Parking

  • 2 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Converted Garage
  • Parking Available
  • Workshop in Garage
  • Front Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Combination Of Materials Used In The Driveway
  • Gravel Driveway
  • RV Potential
  • Controlled Entrance
  • Community Parking Structure

Home Design

  • Turnkey

Interior Spaces

  • 1,647 Sq Ft Home
  • 1-Story Property
  • Bonus Room with Fireplace
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Converted Bedroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Separate Outdoor Workshop

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Heavy Electric
  • 220 Volts in Workshop

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 190161043

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 190161043
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1647.00 Square Feet
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, In Kitchen
  • Fireplace Features: Bonus Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 247.12
  • Room Type: All Bedrooms Down, Bonus Room, Converted Bedroom
  • Bathroom Features: Bathtub, Shower In Tub

Exterior Features

  • Other Structures: Workshop
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Controlled Entrance, Converted Garage, Direct Garage Access, Driveway, Driveway - Combination, Concrete, Gravel, Garage, Garage Faces Front, Garage Door Opener, RV Potential, Structure, Workshop in Garage
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Workshop, Heavy
  • Heating Type: Central
  • Laundry Features: Common Area, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft, Rectangular Lot, Near Public Transit, Yard
  • Lot Size Sq Ft: 30928.00
  • Lot Size Acres: 0.7100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 30928.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 309.00
  • Tax Lot: 2
  • Tax Tract Number: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2020
Sold by
Pena Gonzalo and Pena Maria E
Bought by
Pena Gonzalo and Pena Maria E
Current Estimated Value
$639,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,959
Outstanding Balance
$181,089
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$458,184

Purchase Details

Listed on
Nov 14, 2018
Closed on
Feb 1, 2019
Sold by
Apostolakis Eleni
Bought by
Penn Gonzalo and Pena Maria E
Seller's Agent
Lilia Garcia
DYNASTY REAL ESTATE
Buyer's Agent
Judith Padilla
Realty One Group West
List Price
$475,000
Sold Price
$407,000
Premium/Discount to List
-$68,000
-14.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%

Purchase Details

Closed on
Feb 10, 2001
Sold by
Martin Robin S and Martin Benjamin David
Bought by
Apostolakis Antonios and Apostolakis Eleni

Purchase Details

Closed on
May 17, 2000
Sold by
Martin Kevin Matthew Brown
Bought by
Apostolakis Antonios and Apostolakis Eleni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,600
Interest Rate
7.12%

Purchase Details

Closed on
Sep 2, 1999
Sold by
Martin Michelle K
Bought by
Martin Jeffrey Scott and Martin Gary Andrew

Purchase Details

Closed on
Sep 1, 1999
Sold by
Martin Stephanie A
Bought by
Martin Jeffrey Scott and Martin Gary Andrew

Purchase Details

Closed on
May 1, 1999
Sold by
Martin Robin Sue and Martin Benjamin David
Bought by
Martin Jeffrey Scott and Martin Gary Andrew

Purchase Details

Closed on
Mar 31, 1999
Sold by
Martin Robin Sue
Bought by
Martin Gary Andrew

Purchase Details

Closed on
Jun 30, 1998
Sold by
Martin Robin Sue
Bought by
Martin Gary Andrew

Purchase Details

Closed on
Jan 1, 1998
Sold by
Martin Doris G
Bought by
Martin David Roger and Martin Doris G

Purchase Details

Closed on
Dec 31, 1997
Sold by
Martin Robin Sue
Bought by
Martin Jeffrey Scott and Martin Gary Andrew
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Pena Gonzalo -- Fidelity Natl Ttl Orange Cnt
Penn Gonzalo $407,000 Westminster Title Company
Apostolakis Antonios -- Stewart Title Company
Apostolakis Antonios -- Stewart Title
Apostolakis Antonios $134,000 Stewart Title Company
Martin Jeffrey Scott -- --
Martin Jeffrey Scott -- --
Martin Jeffrey Scott -- --
Martin Gary Andrew -- --
Martin Jeffrey Scott -- --
Martin Gary Andrew -- --
Martin Jeffrey Scott -- --
Martin Gary Andrew -- --
Martin Jeffrey Scott -- --
Martin Gary Andrew -- --
Martin Jeffrey Scott -- --
Martin David Roger -- --
Martin Jeffrey Scott -- --
Martin Jeffrey Scott -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pena Gonzalo $204,959
Previous Owner Apostolakis Antonios $120,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2019 02/13/19 Sold $407,000 -9.6% $247 / Sq Ft
01/31/2019 01/31/19 Pending -- -- --
01/03/2019 01/03/19 Price Changed $450,000 -5.3% $273 / Sq Ft
11/15/2018 11/15/18 For Sale $475,000 +16.7% $288 / Sq Ft
11/14/2018 11/14/18 Off Market $407,000 -- --
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 $4,937 $454,011 $100,395 $353,616
2023 $4,937 $436,384 $96,498 $339,886
2022 $4,826 $427,828 $94,606 $333,222
2021 $4,763 $419,440 $92,751 $326,689
2020 $4,727 $415,140 $91,800 $323,340
2019 $2,373 $211,575 $60,775 $150,800
2018 $2,326 $207,428 $59,585 $147,843
2017 $2,284 $203,362 $58,417 $144,945
2016 $2,139 $199,375 $57,272 $142,103
2015 $2,107 $196,381 $56,412 $139,969
2014 $2,085 $192,536 $55,308 $137,228
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18273517

California Regional Multiple Listing Service (CRMLS)

APN: 190-161-043