6874 Palomar Way Riverside, CA 92504
Magnolia Center Neighborhood
3
Beds
2
Baths
1,652
Sq Ft
7,841
Sq Ft Lot
Highlights
- Mountain View
- Laundry Room
- Central Heating and Cooling System
- No HOA
- Formal Entry
- Dining Room
About This Home
As of March 2023All American 1950 vintage charmer, located in the heart of Riverside. This charming 3 bedroom 2 bathroom home features original hardwood floors, beautiful brick fireplace with substantial wood mantel perfect for those cozy cool nights, new dual pane windows, and fresh paint. Many updated features throughout and a nice size bonus room in the back which could be used as a spare room, den, office, or playroom. Entertain in the spacious backyard, covered in mature shade trees and a large patio. Nice long driveway with security gate, detached 2 car garage, perfect for a pull through garage, nice long driveway, plenty of room for RV or toys. A house with the spirit and heart to call home.
Last Agent to Sell the Property
REALTY MASTERS & ASSOCIATES License #01503278 Listed on: 03/08/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,185
Year Built
- Built in 1950
Lot Details
- 7,841 Sq Ft Lot
- Paved or Partially Paved Lot
- Back and Front Yard
Parking
- 2 Car Garage
Home Design
- Ranch Style House
- Raised Foundation
Interior Spaces
- 1,652 Sq Ft Home
- Formal Entry
- Family Room
- Living Room with Fireplace
- Dining Room
- Mountain Views
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 23
- Tax Tract Number 3
- Assessor Parcel Number 226162003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2023
Closed on
Mar 10, 2023
Sold by
Encarnacion Adrian
Bought by
Martinez Pedro Miguel and Barron Cynthia Alejandra
Seller's Agent
Gilberto Brambila
Aria Realty Group
Buyer's Agent
Terri Newland
First Team Real Estate
List Price
$530,000
Sold Price
$555,000
Premium/Discount to List
$25,000
4.72%
Total Days on Market
15
Views
23
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
$77,154
Avg. Annual Appreciation
6.07%
Original Mortgage
$567,765
Outstanding Balance
$553,603
Interest Rate
6.32%
Mortgage Type
VA
Estimated Equity
$78,551
Purchase Details
Listed on
Aug 10, 2019
Closed on
Sep 30, 2019
Sold by
Ferguson Dustin and Ferguson Lacey
Bought by
Encarnacion Adrian and Elias Sabrina Analise
Seller's Agent
LINDA PATTERSON
GUY PATTERSON REALTY GROUP
Buyer's Agent
Gilberto Brambila
Aria Realty Group
List Price
$399,900
Sold Price
$405,000
Premium/Discount to List
$5,100
1.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%
Original Mortgage
$397,664
Interest Rate
3.5%
Mortgage Type
FHA
Purchase Details
Listed on
Mar 8, 2015
Closed on
Apr 3, 2015
Sold by
Martinez Adrian and Martinez Sarah Kristin
Bought by
Ferguson Dustin and Ferguson Lacey
Seller's Agent
FREDERICK GORDON
REALTY MASTERS & ASSOCIATES
Buyer's Agent
LINDA PATTERSON
GUY PATTERSON REALTY GROUP
List Price
$279,000
Sold Price
$279,900
Premium/Discount to List
$900
0.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$274,829
Interest Rate
3.8%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 4, 2009
Sold by
Baltazar Jose and Baltazar Paula
Bought by
Martinez Adrian and Martinez Sarah Kristin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,450
Interest Rate
5.02%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 29, 2007
Sold by
Richards Justin
Bought by
Baltazar Jose and Baltazar Paula
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,600
Interest Rate
6.99%
Mortgage Type
Balloon
Purchase Details
Closed on
Mar 30, 2006
Sold by
Richards Jennifer
Bought by
Richards Justin
Similar Homes in Riverside, CA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $555,000 | California Best Title | |
| Grant Deed | $405,000 | Usa National Title | |
| Grant Deed | $280,000 | Lawyers Title | |
| Grant Deed | $160,000 | Ticor Title | |
| Grant Deed | $364,500 | United Title | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | $335,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $567,765 | VA | |
| Previous Owner | $47,164 | FHA | |
| Previous Owner | $36,695 | FHA | |
| Previous Owner | $397,664 | FHA | |
| Previous Owner | $32,000 | Credit Line Revolving | |
| Previous Owner | $286,600 | New Conventional | |
| Previous Owner | $284,385 | FHA | |
| Previous Owner | $274,829 | FHA | |
| Previous Owner | $137,500 | New Conventional | |
| Previous Owner | $142,450 | FHA | |
| Previous Owner | $291,600 | Balloon | |
| Closed | $0 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2023 03/21/23 | Sold | $555,000 | +4.7% | $336 / Sq Ft |
| 02/14/2023 02/14/23 | For Sale | $530,000 | -4.5% | $321 / Sq Ft |
| 02/07/2023 02/07/23 | Off Market | $555,000 | -- | -- |
| 01/30/2023 01/30/23 | For Sale | $530,000 | +30.9% | $321 / Sq Ft |
| 10/04/2019 10/04/19 | Sold | $405,000 | 0.0% | $245 / Sq Ft |
| 09/03/2019 09/03/19 | Pending | -- | -- | -- |
| 09/03/2019 09/03/19 | Price Changed | $405,000 | +1.9% | $245 / Sq Ft |
| 08/30/2019 08/30/19 | Price Changed | $397,500 | -0.6% | $241 / Sq Ft |
| 08/29/2019 08/29/19 | For Sale | $399,900 | 0.0% | $242 / Sq Ft |
| 08/23/2019 08/23/19 | Pending | -- | -- | -- |
| 08/19/2019 08/19/19 | Price Changed | $399,900 | -2.4% | $242 / Sq Ft |
| 08/10/2019 08/10/19 | For Sale | $409,900 | +46.4% | $248 / Sq Ft |
| 04/27/2015 04/27/15 | Sold | $279,900 | 0.0% | $169 / Sq Ft |
| 03/06/2015 03/06/15 | Pending | -- | -- | -- |
| 03/02/2015 03/02/15 | Off Market | $279,900 | -- | -- |
| 02/19/2015 02/19/15 | For Sale | $279,000 | -- | $169 / 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 |
|---|---|---|---|---|
| 2023 | $6,185 | $425,725 | $94,605 | $331,120 |
| 2022 | $4,709 | $417,378 | $92,750 | $324,628 |
| 2021 | $4,648 | $409,195 | $90,932 | $318,263 |
| 2020 | $4,613 | $405,000 | $90,000 | $315,000 |
| 2019 | $3,381 | $301,665 | $80,801 | $220,864 |
| 2018 | $3,314 | $295,751 | $79,218 | $216,533 |
| 2017 | $3,254 | $289,953 | $77,665 | $212,288 |
| 2016 | $3,045 | $284,269 | $76,143 | $208,126 |
| 2015 | $1,915 | $171,428 | $64,284 | $107,144 |
| 2014 | $1,896 | $168,073 | $63,026 | $105,047 |
Source: Public Records
Agents Affiliated with this Home
-
Gilberto Brambila
Seller's Agent in 2023
Gilberto Brambila
Aria Realty Group
(626) 532-5527
1 in this area
43 Total Sales
-
Terri Newland
Buyer's Agent in 2023
Terri Newland
First Team Real Estate
(714) 906-6070
1 in this area
110 Total Sales
-
LINDA PATTERSON
Seller's Agent in 2019
LINDA PATTERSON
GUY PATTERSON REALTY GROUP
(951) 232-7938
1 in this area
51 Total Sales
-
FREDERICK GORDON
Seller's Agent in 2015
FREDERICK GORDON
REALTY MASTERS & ASSOCIATES
(951) 545-8846
4 in this area
46 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV15037039
APN: 226-162-003
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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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