5943 Limonite Ave Riverside, CA 92509
7
Beds
4
Baths
3,400
Sq Ft
8,712
Sq Ft Lot
Highlights
- Dual Staircase
- No HOA
- Cooling System Mounted To A Wall/Window
- Property is near a park
- Balcony
- 1-minute walk to Veterans Memorial Park Community Center
About This Home
As of August 2018Great 4plex just outside the rapidly growing downtown Riverside area. Play the immense growth of the area by seeing rental growth in the surrounding Jurupa Valley region. This 4plex is surrounded by churchs, elementary schools, parks as well as the Robidoux Library. It is the perfect investment property that attracts a family tenant base, where one can get cash on cash return at the same time as getting equity appreciation. Each unit has its own car-port as well as additional parking and laundry room. Amazing location and amazing price. Call now for details. Own 8 units without a commercial loan, 5941 Limonite, Riverside also for sale!
Last Agent to Sell the Property
Pacific Avenue Realty License #01916221 Listed on: 08/17/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,079
Year Built
- Built in 1980
Lot Details
- 8,712 Sq Ft Lot
- No Common Walls
Interior Spaces
- 3,400 Sq Ft Home
- Dual Staircase
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Parking
- 4 Open Parking Spaces
- 8 Parking Spaces
- 4 Carport Spaces
- Parking Available
- Unassigned Parking
Outdoor Features
- Balcony
- Exterior Lighting
Location
- Property is near a park
- Suburban Location
Additional Features
- Accessible Parking
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 26
- Tax Tract Number 403
- Assessor Parcel Number 182280008
Community Details
Overview
- No Home Owners Association
- 4 Units
- Foothills
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2018
Closed on
Aug 2, 2018
Sold by
Hernandez Efren
Bought by
Perez Daniel G
Seller's Agent
Efren Hernandez
Pacifico Realty Inc.
Buyer's Agent
ERNESTO ARELLANO
ERNESTO ARELLANO, BROKER
List Price
$649,000
Sold Price
$660,000
Premium/Discount to List
$11,000
1.69%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,667
Avg. Annual Appreciation
7.48%
Original Mortgage
$674,190
Interest Rate
4.5%
Mortgage Type
VA
Purchase Details
Listed on
Aug 17, 2016
Closed on
May 27, 2017
Sold by
Merchant Anand Paresh
Bought by
Hernandez Efren
Seller's Agent
Prashant Sampat
Pacific Avenue Realty
Buyer's Agent
Efren Hernandez
Pacifico Realty Inc.
List Price
$529,000
Sold Price
$502,000
Premium/Discount to List
-$27,000
-5.1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.86%
Original Mortgage
$460,825
Interest Rate
4.03%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 21, 2014
Sold by
Uhl Anthony
Bought by
Merchant Anand Paresh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,229
Interest Rate
3.61%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 16, 2013
Sold by
Cea Elizabeth
Bought by
Uhl Anthony
Purchase Details
Closed on
Jan 15, 2008
Sold by
Estevez Miguel A
Bought by
Cea Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,600
Interest Rate
5.96%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 12, 2000
Sold by
Downey S & L Association Fa
Bought by
Estevez Miguel A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.9%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 26, 1999
Sold by
Panacea Investments
Bought by
Navarrette Bogier E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.55%
Mortgage Type
Commercial
Similar Home in Riverside, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $660,000 | Usa National Title Company | |
| Grant Deed | $502,000 | Priority Title | |
| Grant Deed | $436,000 | Priority Title | |
| Grant Deed | -- | First American Title | |
| Grant Deed | $258,500 | First American Title Company | |
| Corporate Deed | $155,000 | Lawyers Title Company | |
| Corporate Deed | $200,000 | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $684,653 | VA | |
| Closed | $681,189 | VA | |
| Closed | $674,190 | VA | |
| Previous Owner | $460,825 | FHA | |
| Previous Owner | $428,229 | FHA | |
| Previous Owner | $413,600 | Commercial | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $150,000 | Commercial | |
| Previous Owner | $105,000 | Commercial | |
| Previous Owner | $124,000 | Seller Take Back | |
| Previous Owner | $172,000 | Commercial | |
| Previous Owner | $125,000 | Commercial | |
| Closed | $32,250 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2018 08/08/18 | Sold | $660,000 | +1.7% | $188 / Sq Ft |
| 06/07/2018 06/07/18 | Pending | -- | -- | -- |
| 05/29/2018 05/29/18 | For Sale | $649,000 | +29.3% | $185 / Sq Ft |
| 06/14/2017 06/14/17 | Sold | $502,000 | -5.1% | $148 / Sq Ft |
| 06/05/2017 06/05/17 | Price Changed | $529,000 | 0.0% | $156 / Sq Ft |
| 04/01/2017 04/01/17 | Pending | -- | -- | -- |
| 12/27/2016 12/27/16 | For Sale | $529,000 | +5.4% | $156 / Sq Ft |
| 12/17/2016 12/17/16 | Off Market | $502,000 | -- | -- |
| 08/17/2016 08/17/16 | For Sale | $529,000 | +21.3% | $156 / Sq Ft |
| 03/11/2015 03/11/15 | Sold | $436,000 | -0.7% | $128 / Sq Ft |
| 11/10/2014 11/10/14 | Pending | -- | -- | -- |
| 10/22/2014 10/22/14 | For Sale | $439,000 | +17.1% | $129 / Sq Ft |
| 05/15/2013 05/15/13 | Sold | $375,000 | 0.0% | $43 / Sq Ft |
| 01/09/2013 01/09/13 | Pending | -- | -- | -- |
| 06/06/2012 06/06/12 | For Sale | $375,000 | -- | $43 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,079 | $736,236 | $233,140 | $503,096 |
| 2023 | $8,079 | $707,649 | $224,088 | $483,561 |
| 2022 | $7,896 | $693,775 | $219,695 | $474,080 |
| 2021 | $7,859 | $680,173 | $215,388 | $464,785 |
| 2020 | $7,784 | $673,200 | $213,180 | $460,020 |
| 2019 | $7,628 | $660,000 | $209,000 | $451,000 |
| 2018 | $5,890 | $513,040 | $204,000 | $309,040 |
| 2017 | $5,265 | $452,501 | $198,826 | $253,675 |
| 2016 | $5,192 | $443,649 | $194,928 | $248,721 |
| 2015 | $4,371 | $370,232 | $79,558 | $290,674 |
| 2014 | $4,080 | $363,000 | $78,000 | $285,000 |
Source: Public Records
Agents Affiliated with this Home
-
Efren Hernandez
E
Seller's Agent in 2018
Efren Hernandez
Pacifico Realty Inc.
(818) 489-4955
9 Total Sales
-
ERNESTO ARELLANO
E
Buyer's Agent in 2018
ERNESTO ARELLANO
ERNESTO ARELLANO, BROKER
(866) 542-1237
6 Total Sales
-
Prashant Sampat
Seller's Agent in 2017
Prashant Sampat
Pacific Avenue Realty
(562) 841-0227
223 Total Sales
-
N
Seller's Agent in 2013
Nancy Cea
Mission Hills R.E & Inv.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC16181030
APN: 182-280-008
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 4588 Plaza Ln
- 6000 Limonite Ave
- 6000 de La Vista
- 5970 Sky Meadow St
- 5943 Sky Meadow St
- 6141 Covello St
- 6325 Olive St
- 0 42nd St
- 5430 Avenue Juan Bautista
- 5754 Tilton Ave
- 6355 Jade St
- 4077 Riverview Dr
- 6343 Tournament Dr
- 6027 Saddlehorn Ln
- 5929 Saddlehorn Ln
- 5859 Saddlehorn Ln
- 6339 Rathke Dr
- 6045 Mission Blvd Unit 44
- 4090 Estrada Dr
- 5803 Mission Blvd Unit 74