NOT LISTED FOR SALE

Estimated Value: $333,000 - $427,327

3 Beds
2 Baths
1,234 Sq Ft
$437/mo HOA Fee

Last Sold July 18, 2022

Last sale price $320,000 $259 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,762/month

3 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Open to Family Room
  • Updated Kitchen
  • Granite Countertops
  • 1-minute walk to Low Park

About This Home

As of July 2022

Welcome to this charming condo at Magnolia Palms! This first floor condo has an open floor plan the living room and dining area great for entertaining with laminate flooring throughout. The updated kitchen includes granite countertops, stainless steel appliances, and electric cooktop. There are three bedrooms and two baths with indoor laundry. The master bedroom is spacious with en-suite. This home offers direct garage access with parking for one car and storage. The complex is centrally located to schools, shopping, dining, freeway access, and more!

Last Agent to Sell the Property

Valerie Diaz

KJ Realty Group Inc. License #02058052 Listed on: 06/09/2022

Co-Listed By

Stacy Ybarra

REAL BROKER License #02097730

Last Buyer's Agent

Amber Rowe

Reliable Realty Inc. License #02103834

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1959

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $437 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport
  • Parking Available

Home Design

  • Turnkey

Interior Spaces

  • 1,234 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Family Room Off Kitchen
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Electric Cooktop
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Upgraded Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Pool

  • Spa

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5610
  • Assessor Parcel Number 226211007
  • $74 per year additional tax assessments

Community Details

Overview

  • 240 Units
  • Associa Association, Phone Number (951) 359-2840

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1959

Lot Details

0

HOA Fees

$437 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Washer and Dryer
  • Other Phone Description: 951-533-8336
  • Other Phone Number: 951-533-8336
  • Property Attached: Yes
  • View: No
  • Zoning: R3
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 226211007
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1234.00 Square Feet
  • Interior Amenities: Granite Counters, Open Floorplan
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 259.32
  • Room Type: Family Room, Kitchen
  • Spa Features: Association
  • Bathroom Features: Shower In Tub, Upgraded
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Electric Cooktop, Gas Oven
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 437.00
  • Association Fee Frequency: Monthly
  • Association Name: Associa
  • Phone: 951-359-2840
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Associa

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 1307.00
  • Lot Size Acres: 0.0300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1307.0000 Square Feet
  • Number Of Units In Community: 240
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 310.01
  • Tax Lot: 1
  • Tax Tract Number: 5610
  • TaxOtherAnnualAssessmentAmount: 74.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jun 24, 2022
Sold by
Jennifer Hill
Bought by
Sheff Alexander
Seller's Agent
Valerie Diaz
KJ Realty Group Inc.
Buyer's Agent
Amber Rowe
Reliable Realty Inc.
List Price
$315,000
Sold Price
$320,000
Premium/Discount to List
$5,000
1.59%
Current Estimated Value
$357,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,832
Avg. Annual Appreciation
3.92%
Original Mortgage
$304,000
Outstanding Balance
$291,304
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$67,375

Purchase Details

Listed on
May 22, 2020
Closed on
May 29, 2020
Sold by
Hill Matthew
Bought by
Hill Jennifer
Seller's Agent
Anabell Perez
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Valerie Diaz
KJ Realty Group Inc.
List Price
$217,900
Sold Price
$217,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.40%
Original Mortgage
$189,573
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2020
Closed on
May 27, 2020
Sold by
Miller Brenda
Bought by
Hill Jennifer
Seller's Agent
Anabell Perez
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Valerie Diaz
KJ Realty Group Inc.
List Price
$217,900
Sold Price
$217,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,573
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2011
Sold by
Korstsch William E
Bought by
Miller Brenda

Purchase Details

Closed on
Jan 5, 2011
Sold by
Kortsch William E
Bought by
Kortsch William E

Purchase Details

Closed on
Sep 8, 2004
Sold by
Ronan Gerald A
Bought by
Kortsch William E and Kortsch Mabel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2002
Sold by
Ronan Wendy
Bought by
Ronan Gerald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2002
Sold by
The Cit Group Consumer Finance Inc
Bought by
Ronan Gerald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2000
Sold by
Aguilar Consuelo
Bought by
Aguilar Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2000
Sold by
Kenneth Okamoto
Bought by
Aguilar Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 1999
Sold by
Regency Svgs Bank Fsb
Bought by
Yamaki James and Yamaki Marilyn

Purchase Details

Closed on
Jun 23, 1999
Sold by
Okamoto Carol
Bought by
Okamoto Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
3.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 1999
Sold by
Yamaki James
Bought by
Okamoto Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
3.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Sheff Alexander $640,000 Ticor Title
Hill Jennifer -- Landwood Title Company
Hill Jennifer $218,000 Landwood Title
Miller Brenda $75,000 Orange Coast Title
Kortsch William E -- None Available
Kortsch William E $390,000 United Title Company
Ronan Gerald A -- Commonwealth Land Title
Ronan Gerald A $60,000 Commonwealth Land Title Co
Aguilar Ray -- Stewart Title Company
Aguilar Ray $90,000 --
Yamaki James $72,000 Stewart Title Company
Okamoto Kenneth -- Stewart Title Company
Yamaki James -- Stewart Title Company
Okamoto Kenneth $65,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheff Alexander $304,000
Previous Owner Hill Jennifer $189,573
Previous Owner Kortsch William E $145,000
Previous Owner Ronan Gerald A $45,000
Previous Owner Aguilar Ray $72,000
Previous Owner Okamoto Kenneth $36,000
Closed Okamoto Kenneth $4,500
Closed Aguilar Ray $9,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $320,000 +1.6% $259 / Sq Ft
06/17/2022 06/17/22 For Sale $315,000 -1.6% $255 / Sq Ft
06/14/2022 06/14/22 Off Market $320,000 -- --
06/09/2022 06/09/22 For Sale $315,000 +44.6% $255 / Sq Ft
06/24/2020 06/24/20 Sold $217,900 0.0% $177 / Sq Ft
05/22/2020 05/22/20 For Sale $217,900 -- $177 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22122553

California Regional Multiple Listing Service (CRMLS)

APN: 226-211-007