NOT LISTED FOR SALE

6616 Geranium Place Riverside, CA 92503

Arlanza Neighborhood

Estimated Value: $481,759 - $904,000

4 Beds
2 Baths
1,812 Sq Ft
$358/Sq Ft Est. Value

Last Sold May 26, 2016

Last sale price $270,100 $149 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $3,795/month

3 Days on Market

Highlights

  • Private Pool
  • Contemporary Architecture
  • Central Heating and Cooling System
  • Fireplace in Kitchen
  • Laundry Room
  • 1-Story Property

About This Home

As of May 2016

Clean own and rent second unit property. Solid rental area. Painting in process. Newer roof, washer and dryer hook up in garage. Air conditioning units.
Laminate flooring.

Last Agent to Sell the Property

Pat Rojas

Re/Max Dynasty License #00443605 Listed on: 04/27/2016

Re/Max Dynasty

Last Buyer's Agent

SUSAN RAY

WESTCOE REALTORS INC License #00786564

WESTCOE REALTORS INC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 9,148 Sq Ft Lot
  • 1 Common Wall
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Property Attached
  • Entry on the 1st floor
  • Fire Rated Drywall
  • Composition Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,812 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laminate Flooring
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Private Pool
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 18
  • Tax Tract Number 50021
  • Assessor Parcel Number 155313003

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $600
  • Insurance Expense $1,300
  • Maintenance Expense $600
  • Water Sewer Expense $360
  • New Taxes Expense $3,180
  • Gross Income $1,340
  • Net Operating Income $16,080

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 360.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 155313003
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Entry Level: 1
  • Fireplace Features: Kitchen, Living Room
  • Levels: One
  • Price Per Square Foot: 149.06
  • Room Type: Living Room

Exterior Features

  • Fencing: Average Condition
  • Pool Private: Yes
  • Roof: Composition
  • Construction Materials: Concrete, Drywall Walls

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9148.00
  • Price Per Lot Square Foot: 29.53

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 906
  • Gross Income: 1340.00
  • Gross Scheduled Income: 23400.00
  • Insurance Expense: 1300.00
  • Maintenance Expense: 600.00
  • Net Operating Income: 16080.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 6150.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 3180.00
  • Tax Lot: 18
  • Tax Tract Number: 50021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2016
Closed on
May 9, 2016
Sold by
Sterling Sharon E
Bought by
Dong Darren and Dong Holly Joy
Seller's Agent
Pat Rojas
Re/Max Dynasty
Buyer's Agent
SUSAN RAY
WESTCOE REALTORS INC
List Price
$265,777
Sold Price
$270,100
Premium/Discount to List
$4,323
1.63%
Current Estimated Value
$647,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,840
Avg. Annual Appreciation
9.55%

Purchase Details

Closed on
Aug 1, 2002
Sold by
Sterling Douglas C and Sterling Sharon E
Bought by
Sterling Douglas C and Sterling Sharon E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Dong Darren $270,000 Fidelity National Title
Sterling Douglas C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2016 05/26/16 Sold $270,100 +1.6% $149 / Sq Ft
04/30/2016 04/30/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $265,777 -- $147 / 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 $4,802 $396,564 $94,699 $301,865
2023 $4,802 $381,168 $91,023 $290,145
2022 $4,446 $373,695 $89,239 $284,456
2021 $4,376 $366,369 $87,490 $278,879
2020 $4,306 $362,613 $86,593 $276,020
2019 $4,250 $355,504 $84,896 $270,608
2018 $4,192 $348,534 $83,232 $265,302
2017 $4,115 $341,700 $81,600 $260,100
2016 $2,846 $233,091 $77,693 $155,398
2015 $2,804 $229,592 $76,527 $153,065
2014 $2,795 $225,097 $75,029 $150,068
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Pat Rojas

    RE/MAX

    (562) 665-2444

    9 Total Sales

    Pat Rojas
    Section Image
  • SUSAN RAY

    Buyer's Agent in 2016

    SUSAN RAY

    WESTCOE REALTORS INC

    (951) 312-8688

    19 Total Sales

    SUSAN RAY
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16088964

California Regional Multiple Listing Service (CRMLS)

APN: 155-313-003

California Riverside County Riverside 92503 Arlanza

6616 Geranium Place, Riverside, CA

Not Listed for Sale

MultiFamily

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