NOT LISTED FOR SALE

Estimated Value: $294,000 - $310,169

2 Beds
1 Bath
913 Sq Ft
$337/mo HOA Fee

Last Sold December 02, 2022

Last sale price $270,000 $296 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,304/month

6 Days on Market

Highlights

  • Gunite Pool
  • Updated Kitchen
  • End Unit
  • Gated Community
  • Property is near a park
  • 1-minute walk to Low Park

About This Home

As of December 2022

Nice UPDATED 2-bedroom condo in Magnolia Palms. Located at corner of Magnolia and Arlington area of Riverside. Large living room with floor to ceiling windows with a slider to your patio. It is a corner unit on the first floor. Includes newer stackable washer and dryer. Newer refrigerator, microwave, dishwasher and stove. Just painted. Quartz Counter tops and cabinets all updated in Kitchen and Bath. The heating/cooling system was recently replaced. Gated parking and storage. Enjoy sparking pool and hot tub in the HOA. NO FHA LOANS

Last Agent to Sell the Property

Jan Zuppardo

M.V. Real Estate Services License #00714728 Listed on: 10/19/2022

Last Buyer's Agent

NANCY Figueroa

Bazan Real Estate License #02096207

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • End Unit
  • Two or More Common Walls
  • Wrought Iron Fence

HOA Fees

  • $337 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Auto Driveway Gate

Home Design

  • Fire Rated Drywall
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 913 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Vinyl Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Corian Countertops
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Mirrored Closets Doors
  • Upgraded Bathroom
  • 1 Full Bathroom
  • Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Pool

  • Gunite Pool
  • Spa

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment
  • Property is near a park

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5610
  • Assessor Parcel Number 226211031
  • $74 per year additional tax assessments

Community Details

Overview

  • 240 Units
  • Magnolia Palms Association, Phone Number (951) 359-2840
  • Pcm HOA

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1959 | Remodeled

Lot Details

0

HOA Fees

$337 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Magnolia palms
  • View: No
  • Zoning: R3
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 226211031
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 913.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Corian Counters, Partially Furnished, Tile Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Nook
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 295.73
  • Room Type: All Bedrooms Down
  • Spa Features: Association
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Separate Tub And Shower, Upgraded, Walk-In Shower
  • Room Kitchen Features: Corian Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Concrete
  • Pool Features: Association, Gunite
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Block, Concrete, Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Auto Driveway Gate, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Microwave, Refrigerator, Water Heater
  • Heating Type: Central, Forced Air
  • Laundry Features: Dryer Included, In Kitchen, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 337.18
  • Association Fee Frequency: Monthly
  • Association Name: Magnolia Palms Association
  • Phone: 951-359-2840
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
  • Association Management: PCM

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • 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: 240

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
Oct 19, 2022
Closed on
Nov 14, 2022
Sold by
Clay Stanley and Clay Deborah
Bought by
Moreno Nelly Adilia
Seller's Agent
Jan Zuppardo
M.V. Real Estate Services
Buyer's Agent
NANCY Figueroa
Bazan Real Estate
List Price
$259,900
Sold Price
$270,000
Premium/Discount to List
$10,100
3.89%
Views
95
Current Estimated Value
$300,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,792
Avg. Annual Appreciation
4.18%
Original Mortgage
$130,000
Outstanding Balance
$126,228
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$174,564

Purchase Details

Listed on
Oct 19, 2022
Closed on
Nov 7, 2022
Sold by
Moreno Danny
Bought by
Moreno Nelly Adilia
Seller's Agent
Jan Zuppardo
M.V. Real Estate Services
Buyer's Agent
NANCY Figueroa
Bazan Real Estate
List Price
$259,900
Sold Price
$270,000
Premium/Discount to List
$10,100
3.89%
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Outstanding Balance
$126,228
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$174,564

Purchase Details

Listed on
Apr 8, 2015
Closed on
Jun 17, 2015
Sold by
Leehan Capital Investment Llc
Bought by
Clay Stanley and Clay Deborah
Seller's Agent
Jung Joon Lee
Circa Properties, Inc.
Buyer's Agent
Jan Zuppardo
M.V. Real Estate Services
List Price
$144,900
Sold Price
$134,000
Premium/Discount to List
-$10,900
-7.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%

Purchase Details

Closed on
Dec 15, 2014
Sold by
Oleary Michael
Bought by
Leehan Capital Investment Llc

Purchase Details

Closed on
Sep 23, 2002
Sold by
Oleary Michael
Bought by
Cervantez Larry and Cervantez Ruth T

Purchase Details

Closed on
Jun 19, 2002
Sold by
Altegra Credit Company
Bought by
Oleary Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2001
Sold by
Mccoy Dorinda Joy
Bought by
Altegra Credit Company

Purchase Details

Closed on
Oct 23, 2000
Sold by
Tanaka Shigeyoshi
Bought by
Mccoy Dorinda Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
10.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 1999
Sold by
Tanaka Helen
Bought by
Tanaka Shigeyoshi

Purchase Details

Closed on
Jun 24, 1999
Sold by
Yamaki James
Bought by
Tanaka Shigeyoshi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,900
Interest Rate
3.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Moreno Nelly Adilia $270,000 Chicago Title
Moreno Nelly Adilia -- Chicago Title
Clay Stanley $134,000 Chicago Title Company
Leehan Capital Investment Llc $87,000 Chicago Title Company
Cervantez Larry -- --
Oleary Michael $60,000 Northern Counties Title
Altegra Credit Company $59,000 Stewart Title
Mccoy Dorinda Joy $144,000 Stewart Title Company
Tanaka Shigeyoshi -- Stewart Title
Yamaki James -- Stewart Title Company
Tanaka Shigeyoshi $57,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreno Nelly Adilia $130,000
Previous Owner Cervantez Larry $108,000
Previous Owner Oleary Michael $57,000
Previous Owner Mccoy Dorinda Joy $54,000
Previous Owner Tanaka Shigeyoshi $25,900
Closed Mccoy Dorinda Joy $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $270,000 +3.9% $296 / Sq Ft
10/25/2022 10/25/22 Pending -- -- --
10/19/2022 10/19/22 For Sale $259,900 +94.0% $285 / Sq Ft
06/24/2015 06/24/15 Sold $134,000 -0.7% $147 / Sq Ft
05/14/2015 05/14/15 Pending -- -- --
05/02/2015 05/02/15 Price Changed $134,900 -2.9% $148 / Sq Ft
04/22/2015 04/22/15 Price Changed $139,000 -4.1% $152 / Sq Ft
04/08/2015 04/08/15 For Sale $144,900 -- $159 / 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: IV22217056

California Regional Multiple Listing Service (CRMLS)

APN: 226-211-031