NOT LISTED FOR SALE

Estimated Value: $284,155

2 Beds
2 Baths
1,005 Sq Ft
871 Sq Ft Lot

Highlights

  • In Ground Pool
  • Automatic Gate
  • Wood Flooring
  • All Bedrooms Downstairs
  • Open Floorplan
  • 1-minute walk to Low Park

About This Home

This elegant 2 bedroom 2 bath unit is located in the historically significant development of Magnolia Palms. The building's Modern architecture creates a unique experience and was designed by The Heer's Brothers who were involved in several post-war projects here in the City of Riverside. This 1,005 square foot residence has been lived in with love which is expressed in the quality of the interior. It offers plenty of living space, an open kitchen and a great patio area perfect for entertaining. This unit occupies a prime location on the ground level with it's glass patio doors facing the development's green belt. I'm confident you will not find a nicer unit in the City of Riverside in this price point. For an owner occupant, this property will make a fantastic living space and at only $165,000 could also make a valuable investment property. Come see for yourself, I look forward to meeting you!

Last Agent to Sell the Property

ANDREW VILLALOBOS

COLDWELL BANKER REALTY License #01922817 Listed on: 02/10/2015

COLDWELL BANKER REALTY

Last Buyer's Agent

Yzidro Lago

LG Realty & Investments, Inc. License #01834841

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1959

Lot Details

  • 871

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Home Design

  • Modern Architecture
  • Steel Beams
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,005 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Entryway
  • Family Room Off Kitchen
  • Living Room
  • Storage
  • Park or Greenbelt Views
  • Home Security System

Kitchen

  • Open to Family Room
  • Kitchen Island
  • Ceramic Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down

Laundry

  • Laundry in Kitchen
  • Washer

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Slab Porch or Patio
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Urban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5610
  • Assessor Parcel Number 226212015

Community Details

Overview

  • 240 Units

Amenities

  • Picnic Area
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1959

Lot Details

871 Sq Ft Lot

HOA Fees

$215 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Automatic Gate, Closed Circuit Camera(s), Security System
  • View: Yes
  • Architectural Style: Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 226212015
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1005.00
  • Interior Amenities: Ceramic Counters, Ceiling Fan(s), Open Floorplan, Storage
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: 2+ Access Exits, Parking
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Family Kitchen
  • Levels: One
  • Price Per Square Foot: 159.20
  • Room Type: All Bedrooms Down, Entry, Living Room, Master Bedroom
  • Spa Features: Association, In Ground
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Park/Greenbelt
  • Patio And Porch Features: Concrete, Slab
  • Pool Features: Association, Community, Fenced, In Ground
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Concrete, Steel

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Gated
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: In Kitchen, Washer Included
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Pool, Spa/Hot Tub
  • Association Fee: 215.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 871.00
  • Lot Size Acres: 0.0200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 871.0000 Square Feet
  • Number Of Units In Community: 240
  • Number Of Units Total: 240

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 5610

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2015
Closed on
Mar 20, 2015
Sold by
Smythe Jeremy Lee
Bought by
Seller's Agent
ANDREW VILLALOBOS
COLDWELL BANKER REALTY
Buyer's Agent
Yzidro Lago
LG Realty & Investments, Inc.
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Current Estimated Value
$284,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,155
Avg. Annual Appreciation
5.12%
Original Mortgage
$124,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2013
Sold by
Soto Daniel
Bought by
Smythe Jeremy Lee

Purchase Details

Closed on
Oct 23, 2012
Sold by
Smythe Jeremy Lee
Bought by
Smythe Jeremy Lee and Soto Daniel

Purchase Details

Closed on
Sep 26, 2012
Sold by
Rodriguez Juan and Bishop Sateen F
Bought by
Smythe Jeremy Lee

Purchase Details

Closed on
Aug 14, 2006
Sold by
Wong Jean H
Bought by
Rodriguez Juan and Bishop Sateen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2002
Sold by
Hedden Alice A
Bought by
Wong Jean H and The Jean H Wong Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Magnolia Center, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$160,000 Title 365
Smythe Jeremy Lee -- None Available
Smythe Jeremy Lee -- None Available
Smythe Jeremy Lee $66,000 None Available
Rodriguez Juan $225,000 Lawyers Title Co
Wong Jean H $160,000 United Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $110,000
Closed Smith Jannette Lee $124,000
Previous Owner Smythe Jeremy Lee $20,000
Previous Owner Rodriguez Juan $180,000
Previous Owner Wong Jean H $50,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,112 $196,132 $61,290 $134,842
2025 $2,042 $192,288 $60,089 $132,199
2023 $2,042 $184,822 $57,756 $127,066
2022 $1,993 $181,199 $56,624 $124,575
2021 $1,978 $177,647 $55,514 $122,133
2020 $1,962 $175,826 $54,945 $120,881
2019 $1,924 $172,379 $53,868 $118,511
2018 $1,886 $169,000 $52,812 $116,188
2017 $1,852 $165,687 $51,777 $113,910
2016 $1,734 $162,439 $50,762 $111,677
2015 $654 $61,474 $25,614 $35,860
2014 $646 $60,271 $25,113 $35,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV15029183

California Regional Multiple Listing Service (CRMLS)

APN: 226-212-015

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