NOT LISTED FOR SALE

6974 Palomar Way Riverside, CA 92504

Magnolia Center Neighborhood

Estimated Value: $589,000 - $638,000

3 Beds
2 Baths
1,528 Sq Ft
$402/Sq Ft Est. Value

Last Sold June 06, 2018

Last sale price $365,000 $239 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,541/month

49 Days on Market

Highlights

  • Granite Countertops
  • Laundry Room
  • 1-Story Property
  • No HOA
  • Central Heating and Cooling System

About This Home

As of June 2018

Beautiful updated cozy home, close to shopping center . Three bedroom and two bathroom, upgraded master bathroom with a tub and separate shower, walk in closet, secondary bathroom remodeled resently, Duel paint window installed resently, Kitchen with granite counter top, laminate wood floor and tile floor in the kitchen. HUGE LOT size over 9500 sq.ft.

Last Agent to Sell the Property

Jane Lee

New Star Realty License #01894076 Listed on: 02/26/2018

Co-Listed By

Jenny Nam

New Star Realty

Last Buyer's Agent

Alicia Fombona

Island Legacy Holdings, Inc. License #01367461

Island Legacy Holdings, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 9,583 Sq Ft Lot
  • Drip System Landscaping
  • Density is up to 1 Unit/Acre
  • Property is zoned R1065

Parking

  • 2 Car Garage

Interior Spaces

  • 1,528 Sq Ft Home
  • 1-Story Property
  • Great Room with Fireplace
  • Granite Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 4081
  • Assessor Parcel Number 226192003

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

9,583 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Cabinets in garage and built in desk in one of secondary bedroom
  • Property Attached: No
  • View: No
  • Zoning: R1065
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 226192003
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1528.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 238.87
  • Room Type: All Bedrooms Down
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Sprinklers Drip System
  • Lot Size Sq Ft: 9583.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 310.01
  • Tax Lot: 3
  • Tax Tract Number: 4081.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
Mandujano Jesus Eduardo and Mandujano Emilia
Bought by
Topete Mario M and Topete Celene Jurado
Current Estimated Value
$614,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,600
Outstanding Balance
$322,137
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$292,066

Purchase Details

Listed on
Feb 26, 2018
Closed on
May 10, 2018
Sold by
Hawkins Ok Cha
Bought by
Mandujano Jesus Eduardo and Mandujano Emilia
Seller's Agent
Jane Lee
New Star Realty
Buyer's Agent
Alicia Fombona
Island Legacy Holdings, Inc.
List Price
$388,000
Sold Price
$365,000
Premium/Discount to List
-$23,000
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$258,388
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 26, 2018
Closed on
May 8, 2018
Sold by
Mandujano Celene J
Bought by
Topete Mario M
Seller's Agent
Jane Lee
New Star Realty
Buyer's Agent
Alicia Fombona
Island Legacy Holdings, Inc.
List Price
$388,000
Sold Price
$365,000
Premium/Discount to List
-$23,000
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,388
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
May 31, 2016
Closed on
Jun 20, 2016
Sold by
Ingram Billy W
Bought by
Hawkins Ok Cha and The Ok Cha Hawkins Trust
Seller's Agent
HERB BAUTISTA
GREENFIELDS FINANCIAL SRV INC
Buyer's Agent
Karen Min
BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
List Price
$330,000
Sold Price
$300,000
Premium/Discount to List
-$30,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.00%

Purchase Details

Closed on
Jul 27, 1999
Sold by
Hud
Bought by
Ingram Billy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,448
Interest Rate
7.66%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 20, 1999
Sold by
Chase Mtg Company
Bought by
Hud

Purchase Details

Closed on
Dec 11, 1998
Sold by
Ramirez Sarbelio and Ramirez Maria
Bought by
Chase Mtg Company and Chemical Mtg Company
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
Topete Mario M -- Provident Title Company
Mandujano Jesus Eduardo $365,000 Stewart Title
Topete Mario M -- Stewart Title
Hawkins Ok Cha $300,000 Provident Title Company
Ingram Billy W $80,500 Lawyers Title Company
Hud -- Fidelity National Title Ins
Chase Mtg Company $115,768 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Topete Mario M $362,600
Closed Mandujano Jesus Eduardo $258,388
Previous Owner Ingram Billy W $79,448
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2018 06/06/18 Sold $365,000 -1.3% $239 / Sq Ft
04/11/2018 04/11/18 Price Changed $369,900 -2.1% $242 / Sq Ft
03/16/2018 03/16/18 Price Changed $378,000 -2.6% $247 / Sq Ft
02/26/2018 02/26/18 For Sale $388,000 +29.3% $254 / Sq Ft
07/21/2016 07/21/16 Sold $300,000 -9.1% $196 / Sq Ft View Prior Sale
07/03/2016 07/03/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $330,000 +10.0% $216 / Sq Ft
05/28/2016 05/28/16 Off Market $300,000 -- --
05/26/2016 05/26/16 For Sale $330,000 -- $216 / 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 $4,522 $415,298 $99,077 $316,221
2023 $4,522 $399,174 $95,231 $303,943
2022 $4,420 $391,348 $93,364 $297,984
2021 $4,364 $383,678 $94,602 $289,076
2020 $4,331 $379,744 $93,632 $286,112
2019 $4,250 $372,299 $91,797 $280,502
2018 $3,507 $306,000 $71,400 $234,600
2017 $1,246 $300,000 $70,000 $230,000
2016 $1,827 $170,270 $46,342 $123,928
2015 $1,800 $167,714 $45,647 $122,067
2014 $1,781 $164,430 $44,753 $119,677
Source: Public Records

Agents Affiliated with this Home

  • Jane Lee

    Seller's Agent in 2018

    Jane Lee

    New Star Realty

    (951) 279-5430

    63 Total Sales

    Jane Lee
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Jenny Nam

    New Star Realty

    Section Image
  • Alicia Fombona

    Buyer's Agent in 2018

    Alicia Fombona

    Island Legacy Holdings, Inc.

    (310) 386-9642

    48 Total Sales

    Alicia Fombona
    Section Image

  • H

    Seller's Agent in 2016

    HERB BAUTISTA

    GREENFIELDS FINANCIAL SRV INC

  • K

    Buyer's Agent in 2016

    Karen Min

    BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY

    (909) 263-4558

    5 Total Sales

    Karen Min
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG18044975

California Regional Multiple Listing Service (CRMLS)

APN: 226-192-003

California Riverside County Riverside 92504 Magnolia Center

6974 Palomar Way, Riverside, CA

Not Listed for Sale

Detached

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