NOT LISTED FOR SALE

Estimated Value: $675,000 - $720,000

3 Beds
2 Baths
1 Sq Ft
$698,821/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $430,000 $430,000 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,357/month

178 Days on Market

Highlights

  • Laundry Room
  • Wood Fence
  • Gas Fireplace
  • Central Heating
  • Back Yard
  • 1-Story Property

About This Home

As of August 2018

Very nice investing property.......

Last Agent to Sell the Property

Ray Zamora

West Point Realty License #01090449 Listed on: 02/13/2018

Last Buyer's Agent

Manuel Luna

West Point Realty License #01366025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,211

Year Built

  • Built in 1985

Lot Details

  • 7,841 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Cosmetic Repairs Needed
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 1 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 226031018

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,680
  • Fuel Expense $360
  • Insurance Expense $1,100
  • Trash Expense $380
  • Water Sewer Expense $1,080
  • New Taxes Expense $6,000
  • Operating Expense $10,600
  • Gross Income $1,200
  • Net Operating Income $290

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,211

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1080.00
  • Zoning: R3R
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 226031018
  • Year Built: 1985
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Fireplace Features: Family Room, Gas
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 380.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard
  • Lot Size Sq Ft: 7841.00

Multi Family

  • Electric Expense: 1680.00
  • Fuel Expense: 360.00
  • Gross Income: 1200.00
  • Gross Scheduled Income: 1200.00
  • Insurance Expense: 1100.00
  • Net Operating Income: 290.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 290.00
  • Rent Control: No
  • Total Expenses: 10600.00

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Census Tract: 308.00
  • Tax Lot: 00
  • Tax Tract Number: oo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2018
Closed on
Aug 2, 2018
Sold by
Abundis Elias
Bought by
Vazquez Juan D and Vazquez Ana
Seller's Agent
Ray Zamora
West Point Realty
Buyer's Agent
Manuel Luna
West Point Realty
List Price
$445,000
Sold Price
$430,000
Premium/Discount to List
-$15,000
-3.37%
Total Days on Market
178
Current Estimated Value
$698,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,821
Avg. Annual Appreciation
7.40%
Original Mortgage
$344,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2005
Sold by
Abundis Ignacia Arista
Bought by
Abundis Elias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,400
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2005
Sold by
Romero Sergio and Romero Alicia
Bought by
Abundis Elias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,400
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2004
Sold by
Romero Sergio and Gomez Rafael
Bought by
Romero Sergio and Romero Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
5.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 1998
Sold by
Gomez Marisol
Bought by
Gomez Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,043
Interest Rate
6.86%
Mortgage Type
FHA
Source: Public Records

Similar Homes in Riverside, CA

  • 4308 Lime St, Riverside, CA 92501

    $795,995

    • 4 Beds
    • 3 Baths
    • 2,546 Sq Ft
    • 4308 Lime St
    • Riverside, CA

    Charming corner-lot duplex in Riverside’s historic district, just steps from the iconic Mission Inn and downtown attractions. This well-located property offers timeless character with recent updates including a new water heater and partial waterline replacement. Ideal for rental income or multi-generational living. Easy freeway access makes commuting a breeze, while the vibrant local scene

    Matthew Serrano Re/Max Top Producers

    Section Image
  • 3755 Brockton Ave Unit 1-4, Riverside, CA 92501

    $799,000

    • 6 Beds
    • 4 Baths
    • 3,260 Sq Ft
    • 3755 Brockton Ave
    • Unit 1-4
    • Riverside, CA

    Unlock Prime Potential in Downtown Riverside!Positioned in one of Riverside's most desirable and rapidly appreciating corridors, 3755 Brockton Ave offers a rare opportunity for investors seeking stable returns, redevelopment potential, or portfolio expansion in a high-demand market.Location Highlights: Strategically located near the Mission Inn District, Main Library, Riverside Community

    Cindy Berg Century 21 Discovery

    Section Image
  • 3858 4th St, Riverside, CA 92501

    $699,900

    • 5 Beds
    • 3 Baths
    • 2,884 Sq Ft
    • 3858 4th St
    • Riverside, CA

    Exceptional Value-Add Triplex in Prime Riverside Location! Don’t miss this incredible opportunity to own a 3-unit income-producing property just minutes from the heart of Downtown Riverside. Ideal for investors or owner-occupants looking to build equity and maximize rental potential in a high-demand area. Unit 1 (Duplex – Front Building): Spacious 1 bed / 1 bath. Unit 2 (Duplex – Front Building):

    David Limon Your Home Selling Pros

    Section Image
  • 3049 Mulberry St, Riverside, CA 92501

    $695,000

    • 4 Beds
    • 3 Baths
    • 1,952 Sq Ft
    • 3049 Mulberry St
    • Riverside, CA

    Discover a stunning two-story Craftsman home in the Mission Inn Historical District, boasting an individual designation as a Structure of Merit and qualifying for the Mills Act. This historical residence has been thoughtfully converted into a triplex. The main house features three bedrooms, one bath, indoor laundry, and a walk-in basement. The upper level has been transformed into a one-bedroom,

    Mardie Rodriguez NATIONAL REALTY GROUP

    Section Image
  • 8876 Cypress Ave, Riverside, CA 92503

    $800,000

    • 4 Beds
    • 3 Baths
    • 1,886 Sq Ft
    • 8876 Cypress Ave
    • Riverside, CA

    Step into a world of opportunity with this fantastic triplex in the vibrant heart of Riverside, CA! Imagine the charm of cozy units with functional living spaces, practical kitchens, and sunlit rooms – all waiting for your personal touch. With convenient on-site parking and a delightful common outdoor area, this property is perfect for relaxation and entertaining. Located just moments from

    METIN ORUC FINKOY, INC.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vazquez Juan D $430,000 First American Title Company
Abundis Elias -- Chicago Title Co
Abundis Elias $473,000 Chicago Title Co
Romero Sergio $38,000 New Century Title Company Ri
Gomez Rafael -- First American Title Co
Romero Sergio -- First American Title Co
Romero Sergio $144,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazquez Juan D $337,500
Closed Vazquez Juan D $344,000
Previous Owner Abundis Elias $456,000
Previous Owner Abundis Elias $57,000
Previous Owner Abundis Elias $378,400
Previous Owner Romero Sergio $273,750
Previous Owner Romero Sergio $30,000
Previous Owner Romero Sergio $168,000
Previous Owner Romero Sergio $14,290
Previous Owner Romero Sergio $176,211
Previous Owner Romero Sergio $143,043
Closed Romero Sergio $54,750
Closed Abundis Elias $94,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2018 08/30/18 Sold $430,000 -3.4% $430,000 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $445,000 -- $445,000 / 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 $5,211 $461,043 $80,410 $380,633
2022 $5,093 $452,004 $78,834 $373,170
2021 $5,026 $443,142 $77,289 $365,853
2020 $4,988 $438,599 $76,497 $362,102
2019 $4,894 $430,000 $74,998 $355,002
2018 $6,487 $579,440 $183,753 $395,687
2017 $6,370 $568,079 $180,150 $387,929
2016 $6,617 $556,941 $176,618 $380,323
2015 $5,871 $548,577 $173,966 $374,611
2014 $5,816 $537,833 $170,559 $367,274
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18035886

California Regional Multiple Listing Service (CRMLS)

APN: 226-031-018