NOT LISTED FOR SALE

661 Spruce Rd Riverside, CA 92507

Estimated Value: $747,178 - $1,112,000

6 Beds
4 Baths
2,760 Sq Ft
$322/Sq Ft Est. Value

Last Sold November 03, 2017

Last sale price $280,599 $102 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $5,668/month

151 Days on Market

Highlights

  • 16,700 Sq Ft lot
  • Rectangular Lot
  • Wall Furnace
  • Cottage

About This Home

As of November 2017

Firm Investment !!! The best step toward security.Property has great potential Village area location with 4 units(Single Family+3 Cottages). Long term tenants, each unit is metered individually for gas and electricity. Close to the lake, Park, village shops, dining, and events.

Last Agent to Sell the Property

Regina Wayne

EXP REALTY OF SOUTHERN CA. INC License #01204188 Listed on: 05/28/2017

EXP REALTY OF SOUTHERN CA. INC

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,192

Year Built

  • Built in 1944

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 100x167
  • 1 Common Wall
  • Rectangular Lot

Home Design

  • Cottage
  • Property Attached
  • Cosmetic Repairs Needed
  • Composition Roof

Interior Spaces

  • 2,760 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 4 / H
  • Assessor Parcel Number 0308074030000

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $2,094
  • Trash Expense $160
  • Water Sewer Expense $2,760
  • New Taxes Expense $4,192
  • Net Operating Income $17,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,192

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 2760.00
  • Zoning: SFR
  • Architectural Style: Cottage
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 0308074030000
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 101.67

Exterior Features

  • Pool Private: No
  • Roof: Composition

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 160.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Rectangular Lot
  • Lot Size: 100x167
  • Lot Size Sq Ft: 16700.00

Multi Family

  • Gross Scheduled Income: 17340.00
  • Insurance Expense: 2094.00
  • Net Operating Income: 17340.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 2195.00

Tax Info

  • New Taxes Expense: 4192.00
  • Tax Block: H
  • Tax Lot: 4
  • Tax Annual Amount: 4192.00
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2021
Sold by
Tack Llc
Bought by
Thomas Milton and Thomas Shannon N
Current Estimated Value
$887,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$774,900
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Listed on
May 28, 2017
Closed on
Oct 30, 2017
Sold by
Steward Paul A and Steward Joyce
Bought by
Tack Llc
Seller's Agent
Regina Wayne
EXP REALTY OF SOUTHERN CA. INC
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$280,000
Sold Price
$280,599
Premium/Discount to List
$599
0.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.04%

Purchase Details

Closed on
Nov 25, 2005
Sold by
Steward Paul A and Steward Joyce
Bought by
Steward Paul A and Steward Joyce

Purchase Details

Closed on
Sep 2, 2003
Sold by
Steward Paul A and Steward Joyce
Bought by
Steward Paul A and Steward Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2002
Sold by
Steward Paul A and Steward Joyce
Bought by
Steward Paul A and Steward Joyce S

Purchase Details

Closed on
Feb 22, 1994
Sold by
Steward Paul A and Steward Joyce S
Bought by
Steward Paul A and Steward Joyce S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Thomas Milton $775,000 Chicago Title Inland Empire
Tack Llc $281,000 Lawyers Title
Steward Paul A -- None Available
Steward Paul A -- Commonwealth Land Title Co
Steward Paul A -- --
Steward Paul A -- Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Milton $774,900
Previous Owner Steward Paul A $133,000
Previous Owner Steward Paul A $83,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2017 11/03/17 Sold $280,599 +0.2% $102 / Sq Ft
10/26/2017 10/26/17 Pending -- -- --
10/18/2017 10/18/17 Price Changed $280,000 0.0% $101 / Sq Ft
10/18/2017 10/18/17 For Sale $280,000 -9.7% $101 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
09/10/2017 09/10/17 Price Changed $310,000 -5.8% $112 / Sq Ft
07/30/2017 07/30/17 Price Changed $329,000 -5.7% $119 / Sq Ft
07/10/2017 07/10/17 Price Changed $349,000 -2.8% $126 / Sq Ft
05/28/2017 05/28/17 For Sale $359,000 -- $130 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,605 $822,330 $159,181 $663,149
2024 $12,161 $806,206 $156,060 $650,146
2023 $11,703 $790,398 $153,000 $637,398
2022 $6,151 $774,900 $150,000 $624,900
2021 $5,863 $295,274 $136,653 $158,621
2020 $5,850 $292,247 $135,252 $156,995
2019 $5,729 $286,517 $132,600 $153,917
2018 $5,540 $280,899 $130,000 $150,899
2017 $4,289 $174,373 $79,261 $95,112
2016 $4,192 $170,954 $77,707 $93,247
2015 $4,152 $168,386 $76,540 $91,846
2014 $4,099 $165,088 $75,041 $90,047
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: EV17118979

California Regional Multiple Listing Service (CRMLS)

APN: 0308-074-03