NOT LISTED FOR SALE

Estimated Value: $726,928 - $1,005,000

4 Beds
2 Baths
1,910 Sq Ft
$426/Sq Ft Est. Value

Last Sold October 22, 2019

Last sale price $520,000 $272 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,024/month

9 Days on Market

Highlights

  • Attached Guest House
  • Wood Flooring
  • Private Yard
  • Polytechnic High School Rated A-
  • Corner Lot
  • No HOA

About This Home

As of October 2019

MAGNOLIA CENTER- Close to Riverside Plaza and all the amenities of the Magnolia Center Neighborhood in this highly desirable Central Riverside location! Unique R-2 Lot Duplex, currently combined into one 4 bedroom residence and easily converted back to two, two bedroom units with the closing off of a doorway cut between the two. Ideal as an assisted living residence as was the previous use. Hardwood floors, large windows, spacious bedrooms. Over-sized three car garage; Beautiful mature shade trees and impeccable grounds. Ideal for owner seeking income from additional unit or investor seeking a "blue chip quality" duplex! Very rare property in this truly outstanding area!

Last Agent to Sell the Property

Brad Alewine

COMPASS License #01104973 Listed on: 09/06/2019

COMPASS

Last Buyer's Agent

Sharene Greer

Tower Agency License #01302576

Tower Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,166

Year Built

  • Built in 1954

Lot Details

  • 0.35 Acre Lot
  • Landscaped
  • Corner Lot
  • Level Lot
  • Irregular Lot
  • Sprinklers Throughout Yard
  • Private Yard
  • Lawn
  • Density is 2-5 Units/Acre
  • Property is zoned R1065

Parking

  • 3 Car Garage
  • Parking Available
  • Front Facing Garage
  • Driveway Level

Home Design

  • Additions or Alterations
  • Raised Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,910 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring
  • Corian Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Homes

  • Two Homes on a Lot
  • Attached Guest House

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 9000
  • Assessor Parcel Number 225262008

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,166

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • View: No
  • Zoning: R1065
  • Property Condition: Additions/Alterations
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 225262008
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1910.00 Square Feet
  • Interior Amenities: In-Law Floorplan
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 272.25
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Room Kitchen Features: Corian Counters

Exterior Features

  • Foundation: Raised
  • Other Structures: Guest House, Guest House Attached, Two On A Lot
  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage, Garage Faces Front
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Storm Drains, Street Lights, Suburban

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot, Front Yard, Landscaped, Lawn, Level with Street, Lot 10000-19999 Sqft, Irregular Lot, Level, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Walkstreet, Yard
  • Lot Size Sq Ft: 15246.00
  • Lot Size Acres: 0.3500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15246.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 311.00
  • Tax Lot: 21
  • Tax Tract Number: 09000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2019
Closed on
Sep 18, 2019
Sold by
Verwiel John Adrian
Bought by
Santamaria Bladimir E Rivas and Gomez Belen
Seller's Agent
Brad Alewine
COMPASS
Buyer's Agent
Sharene Greer
Tower Agency
List Price
$559,900
Sold Price
$520,000
Premium/Discount to List
-$39,900
-7.13%
Total Days on Market
9
Current Estimated Value
$812,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,732
Avg. Annual Appreciation
6.44%
Original Mortgage
$507,519
Interest Rate
3.4%
Mortgage Type
VA

Purchase Details

Closed on
Mar 19, 1998
Sold by
Jackson Fount R and Jackson Doris B
Bought by
Verwiel John Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,750
Interest Rate
7%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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
Santamaria Bladimir E Rivas $520,000 None Available
Verwiel John Adrian $149,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santamaria Bladimir E Rivas $332,800
Open Santamaria Bladimir E Rivas $509,183
Closed Santamaria Bladimir E Rivas $507,519
Previous Owner Verwiel John Adrian $111,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2019 10/22/19 Sold $520,000 -7.1% $272 / Sq Ft
09/15/2019 09/15/19 Pending -- -- --
09/06/2019 09/06/19 For Sale $559,900 -- $293 / 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 $6,166 $546,610 $126,140 $420,470
2022 $6,026 $535,893 $123,667 $412,226
2021 $5,943 $525,387 $121,243 $404,144
2020 $5,898 $520,000 $120,000 $400,000
2019 $2,469 $213,255 $57,240 $156,015
2018 $2,422 $209,074 $56,118 $152,956
2017 $2,379 $204,975 $55,018 $149,957
2016 $2,229 $200,957 $53,940 $147,017
2015 $2,197 $197,940 $53,131 $144,809
2014 $2,176 $194,065 $52,092 $141,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV19214299

California Regional Multiple Listing Service (CRMLS)

APN: 225-262-008