NOT LISTED FOR SALE

6735 Rainier Ct Riverside, CA 92506

Magnolia Center Neighborhood

Estimated Value: $597,000 - $619,779

3 Beds
2 Baths
1,244 Sq Ft
$491/Sq Ft Est. Value

Last Sold July 02, 2015

Last sale price $250,000 $201 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $3,527/month

17 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Cooling Available
  • All Bedrooms Downstairs

About This Home

As of July 2015

Great investment opportunity located 3 miles south of downtown Riverside, California in the Magnolia Center neighborhood. Built in 1952, this 3/2 has a INGROUND POOL and plenty of opportunity with neighborhood sales approaching $350,000(+/-). It could use $15-$20,000 update. Sold As-Is.

Last Agent to Sell the Property

Martin Bennett

HomeBay Broker CA, Inc License #01480523 Listed on: 06/12/2015

Last Buyer's Agent

Rock Galuppo

Select Real Estate License #00909681

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 9,148

Parking

  • 1 Car Garage

Home Design

  • 1,244 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Additional Features

  • In Ground Pool
  • 9,148 Sq Ft Lot
  • Suburban Location
  • Cooling Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 146
  • Tax Tract Number 311
  • Assessor Parcel Number 225313001

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 225313001
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1244.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 200.96
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Features: In Ground, Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9148.00
  • Price Per Lot Square Foot: 27.33
  • Lot Size Acres: 0.2100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9148.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 146
  • Tax Tract Number: 311.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2017
Sold by
Lisk Chris
Bought by
Lisk Chris and Lisk Judy
Current Estimated Value
$610,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,862
Outstanding Balance
$286,976
Interest Rate
3.94%
Mortgage Type
FHA
Estimated Equity
$323,719

Purchase Details

Closed on
Jan 4, 2016
Sold by
Royal Home Investments Inc
Bought by
Lisk Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
3.92%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 12, 2015
Closed on
Jun 23, 2015
Sold by
Inland Equity Management Inc
Bought by
Royal Home Investments Inc
Seller's Agent
Martin Bennett
HomeBay Broker CA, Inc
Buyer's Agent
Rock Galuppo
Select Real Estate
List Price
$285,000
Sold Price
$250,000
Premium/Discount to List
-$35,000
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%

Purchase Details

Listed on
Jun 12, 2015
Closed on
Jun 18, 2015
Sold by
Yaeger John M and Yaeger John
Bought by
Inland Equity Management Inc
Seller's Agent
Martin Bennett
HomeBay Broker CA, Inc
Buyer's Agent
Rock Galuppo
Select Real Estate
List Price
$285,000
Sold Price
$250,000
Premium/Discount to List
-$35,000
-12.28%

Purchase Details

Closed on
Dec 2, 1996
Sold by
Lyn Black Carol
Bought by
Yaeger John and Yaeger Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,340
Interest Rate
7.58%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lisk Chris -- None Available
Lisk Chris $300,000 Fidelity National Title Co
Royal Home Investments Inc $250,000 First American Title Ins
Inland Equity Management Inc $205,500 First American Title Ins
Yaeger John $117,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lisk Chris $340,862
Closed Lisk Chris $294,566
Previous Owner Yaeger John $119,340
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2015 07/02/15 Sold $250,000 -12.3% $201 / Sq Ft
06/12/2015 06/12/15 For Sale $285,000 -- $229 / 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 $4,047 $370,992 $81,253 $289,739
2023 $4,047 $356,588 $78,099 $278,489
2022 $3,955 $349,597 $76,568 $273,029
2021 $3,907 $342,743 $75,067 $267,676
2020 $3,878 $339,230 $74,298 $264,932
2019 $3,805 $332,580 $72,842 $259,738
2018 $3,732 $326,060 $71,414 $254,646
2017 $3,512 $306,000 $71,400 $234,600
2016 $2,754 $250,000 $75,000 $175,000
2015 $1,777 $158,526 $54,194 $104,332
2014 -- $155,424 $53,134 $102,290
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Martin Bennett

    HomeBay Broker CA, Inc

  • R

    Buyer's Agent in 2015

    Rock Galuppo

    Select Real Estate

    (714) 532-3252

    Rock Galuppo
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15127442

California Regional Multiple Listing Service (CRMLS)

APN: 225-313-001

California Riverside County Riverside 92506 Magnolia Center

6735 Rainier Ct, Riverside, CA

Not Listed for Sale

Detached

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