NOT LISTED FOR SALE

6347 Neva Place Riverside, CA 92506

Magnolia Center Neighborhood

Estimated Value: $744,000 - $965,000

5 Beds
3 Baths
2,264 Sq Ft
$369/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $522,000 $231 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,075/month

48 Days on Market

Highlights

  • No Units Above
  • Wood Flooring
  • Lawn
  • Polytechnic High School Rated A-
  • Corner Lot
  • Fireplace in Patio

About This Home

As of October 2018

Super sharp and clean duplex located in the Magnolia Center Riverside Plaza area. Unique from its inception the larger of the two units is a full size home complete with 3 bedrooms and 1.5 baths. central heat and air conditioning. The main house has its own two car garage with loft for storage, and its own set of two separate driveways complete with RV access behind closed gates. The second unit is a two bedroom one bath unit complete with central heat and air, and its own separate driveway and single car garage. Property has fenced backyard, automatic sprinklers, upgraded plumbing and more! Conveniently located to schools, freeway and shopping. Is a must see property.

Last Agent to Sell the Property

RICHARD PAUL

BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY License #00606599 Listed on: 08/07/2018

BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY

Last Buyer's Agent

Krissia Pena

First Choice Investments License #01414342

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,336

Year Built

  • Built in 1954

Lot Details

  • 10,890 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Landscaped
  • Corner Lot
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway
  • Assigned Parking

Home Design

  • Property Attached
  • Stucco

Interior Spaces

  • 2,264 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Wood Flooring
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Fireplace in Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 2
  • Assessor Parcel Number 225262009

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • New Taxes Expense $4,704
  • Operating Expense $900
  • Gross Income $34,200
  • Net Operating Income $33,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,336

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 225262009
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Wood
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Fireplace Features: Living Room, Patio
  • Levels: One
  • Price Per Square Foot: 230.57

Exterior Features

  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Landscaped, Lawn
  • Lot Size Sq Ft: 10890.00

Multi Family

  • Gross Income: 34200.00
  • Gross Scheduled Income: 34200.00
  • Insurance Expense: 900.00
  • Net Operating Income: 33300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 900.00
  • Rent Control: No
  • Total Expenses: 900.00

Tax Info

  • New Taxes Expense: 4704.00
  • Tax Lot: 33
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2025
Sold by
Guerrero David and Ranney Micah
Bought by
Ranney-Guerrero Living Trust and Guerrero
Current Estimated Value
$834,582

Purchase Details

Listed on
Aug 7, 2018
Closed on
Oct 17, 2018
Sold by
Allison Mark D and Allison Esmeralda D
Bought by
Guerrero David and Ranney Micah
Seller's Agent
RICHARD PAUL
BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
Buyer's Agent
Krissia Pena
First Choice Investments
List Price
$575,000
Sold Price
$522,000
Premium/Discount to List
-$53,000
-9.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$417,600
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2007
Sold by
Allison Mark D
Bought by
6347 Neva Place

Purchase Details

Closed on
Jun 8, 2006
Sold by
Allison Mark D
Bought by
Allison Mark D and Family Trust Of Mark D & Esmeralda D All

Purchase Details

Closed on
Apr 12, 2004
Sold by
Hard William R
Bought by
Allison Mark D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2001
Sold by
Hard William R
Bought by
Hard William R and The William R Hard Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Ranney-Guerrero Living Trust -- None Listed On Document
Guerrero David $522,000 Ticor Title
6347 Neva Place -- None Available
Allison Mark D -- None Available
Allison Mark D $335,000 Commonwealth Land Title Co
Hard William R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guerrero David $414,517
Previous Owner Guerrero David $417,600
Previous Owner Allison Mark D $268,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $522,000 -9.2% $231 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $575,000 -- $254 / 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
2025 $6,336 $582,296 $83,661 $498,635
2023 $6,336 $559,686 $80,413 $479,273
2022 $6,193 $548,713 $78,837 $469,876
2021 $6,107 $537,955 $77,292 $460,663
2020 $6,061 $532,440 $76,500 $455,940
2019 $5,947 $522,000 $75,000 $447,000
2018 $4,789 $418,589 $93,708 $324,881
2017 $4,705 $410,382 $91,871 $318,511
2016 $4,404 $402,336 $90,070 $312,266
2015 $4,342 $396,294 $88,718 $307,576
2014 $4,278 $388,533 $86,981 $301,552
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    RICHARD PAUL

    BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY

    (951) 236-5895

    11 Total Sales

    RICHARD PAUL
    Section Image
  • Krissia Pena

    Buyer's Agent in 2018

    Krissia Pena

    First Choice Investments

    (951) 977-0709

    1 in this area

    80 Total Sales

    Krissia Pena
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18199409

California Regional Multiple Listing Service (CRMLS)

APN: 225-262-009

California Riverside County Riverside 92506 Magnolia Center

6347 Neva Place, Riverside, CA

This home is located at 6347 Neva Place, Riverside, CA 92506 since 07 August 2018 and is currently estimated at $834,582, approximately $368 per square foot. This property was built in 1954. 6347 Neva Place is a home located in Riverside County with nearby schools including Pachappa Elementary School, Central Middle School, and Polytechnic High School.

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.

California Regional Multiple Listing Service (CRMLS) 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

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