Seller's Agent in 2016
DAWN Gleason
Vista Sotheby's International Realty
(951) 743-1859
40 Total Sales
6341 Palm Ave Riverside, CA 92506
Magnolia Center NeighborhoodEstimated Value: $595,000 - $672,000
3
Beds
2
Baths
1,837
Sq Ft
$354/Sq Ft
Est. Value
Highlights
- Guest House
- Corner Lot
- Neighborhood Views
- Maid or Guest Quarters
- No HOA
- Central Air
About This Home
As of June 2016GREAT INVESTMENT OPPORTUNITY FOR RENTAL INCOME OR FOR A FAMILY NEEDING A GUEST HOME **HISTORICAL PALM HEIGHTS DISTRICT** GREAT LOCATION CLOSE TO MAGNOLIA CENTER, SHOPPING AND THE WOOD STREETS. 2 HOMES ON ONE LOT. THE MAIN HOME IS A VERY CHARMING "CLASSIC BUNGALOW" STYLE HOME. 1536 SQUARE FEET WITH 2 BEDROOMS AND 1 BATH. GREAT LONG TERM (12 YEARS) TENANT ALREADY IN PLACE. THIS HOME HAS A TON OF HISTORICAL CHARM WITH LOTS OF GREAT NOOKS AND BUILT-INS. FORMAL DINING ROOM, BREAKFAST ROOM, LAUNDRY ROOM. ORIGINAL BEAUTIFUL HARDWOOD FLOORS, LARGE LIVING ROOM WITH A GORGEOUS FIREPLACE. THE ONE BEDROOM ONE BATH HOME HAS A LIVING ROOM, KITCHENETTE, AND 1 BATHROOM WITH ITS OWN ADDRESS ON MERRILL AVENUE. (PERMITTED IN THE 1930'S) THIS HOME WAS RECENTLY UPDATED. THERE IS ALSO A TENANT IN PLACE THERE AS WELL. SHOWN BY APPOINTMENT ONLY. PLEASE DO NOT DISTURB THE TENANTS UNDER ANY CIRCUMSTANCES!!
Last Agent to Sell the Property
Vista Sotheby's International Realty License #01714538 Listed on: 04/20/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,426
Year Built
- Built in 1926
Lot Details
- 8,276 Sq Ft Lot
- Corner Lot
Parking
- 2 Car Garage
Interior Spaces
- 1,837 Sq Ft Home
- Living Room with Fireplace
- Neighborhood Views
Bedrooms and Bathrooms
- 3 Bedrooms
- Maid or Guest Quarters
- 2 Full Bathrooms
Additional Features
- Guest House
- Central Air
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 226301027
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2016
Closed on
May 24, 2016
Sold by
Worthington Timothy Eric and Worthington Julie
Bought by
Mendez Beatrice C and Delacruz Sebastien Aleczander
Seller's Agent
DAWN Gleason
Vista Sotheby's International Realty
Buyer's Agent
Pablo Mendez
Century 21 Allstars
List Price
$365,000
Sold Price
$360,000
Premium/Discount to List
-$5,000
-1.37%
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
$290,571
Avg. Annual Appreciation
6.29%
Original Mortgage
$353,479
Outstanding Balance
$283,213
Interest Rate
3.61%
Mortgage Type
FHA
Estimated Equity
$346,111
Purchase Details
Closed on
Jun 10, 2005
Sold by
Worthington Timothy Eric
Bought by
Worthington Ii Timothy Eric and Worthington Julie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Oct 31, 2000
Sold by
Berg Michael D and Berg Carol J
Bought by
Worthington Ii Timothy Eric
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,150
Interest Rate
7.86%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mendez Beatrice C | $360,000 | Firsta American Title Co | |
| Worthington Ii Timothy Eric | -- | Fidelity National Title Co | |
| Worthington Ii Timothy Eric | $160,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mendez Beatrice C | $45,293 | |
| Open | Mendez Beatrice C | $353,479 | |
| Previous Owner | Worthington Ii Timothy Eric | $285,000 | |
| Previous Owner | Worthington Ii Timothy Eric | $45,000 | |
| Previous Owner | Worthington Ii Timothy Eric | $162,750 | |
| Previous Owner | Worthington Ii Timothy Eric | $156,150 | |
| Previous Owner | Worthington Ii Timothy Eric | $156,150 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/15/2016 06/15/16 | Sold | $360,000 | -1.4% | $196 / Sq Ft |
| 04/20/2016 04/20/16 | Pending | -- | -- | -- |
| 04/20/2016 04/20/16 | For Sale | $365,000 | +1.4% | $199 / Sq Ft |
| 04/19/2016 04/19/16 | Off Market | $360,000 | -- | -- |
| 02/17/2016 02/17/16 | For Sale | $365,000 | +1.4% | $199 / Sq Ft |
| 02/12/2016 02/12/16 | Off Market | $360,000 | -- | -- |
| 02/11/2016 02/11/16 | For Sale | $365,000 | -- | $199 / 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 | $5,426 | $499,602 | $89,183 | $410,419 |
| 2023 | $5,426 | $480,204 | $85,721 | $394,483 |
| 2022 | $4,533 | $401,584 | $78,084 | $323,500 |
| 2021 | $4,476 | $393,710 | $76,553 | $317,157 |
| 2020 | $4,442 | $389,674 | $75,769 | $313,905 |
| 2019 | $4,359 | $382,034 | $74,284 | $307,750 |
| 2018 | $4,274 | $374,544 | $72,828 | $301,716 |
| 2017 | $4,198 | $367,200 | $71,400 | $295,800 |
| 2016 | $2,259 | $203,646 | $57,271 | $146,375 |
| 2015 | $2,226 | $200,588 | $56,411 | $144,177 |
| 2014 | $2,205 | $196,660 | $55,307 | $141,353 |
Source: Public Records
Agents Affiliated with this Home
-
-
P
Buyer's Agent in 2016
Pablo Mendez
Century 21 Allstars
(562) 572-2777
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV16028719
APN: 226-301-027
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