NOT LISTED FOR SALE

Estimated Value: $279,000 - $370,361

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

Last Sold July 01, 2021

Last sale price $230,000 $186 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,539/month

38 Days on Market

Highlights

  • Pool View
  • Balcony
  • Laundry Room
  • Community Pool
  • Living Room
  • 1-minute walk to Low Park

About This Home

As of July 2021

Welcome to adorable and cozy 2 Bedrooms and 2 Bathrooms Condo In heart of vibrant city of Riverside. This beautiful condominium is on the second floor of the Magnolia Palms Community conveniently located on the corner of Riverside’s main streets Magnolia Ave and Arlington Ave close to Riverside plaza, downtown Riverside, 91 freeway, Cal Baptist University, Riverside Community College. Your opportunity has come to make it your home today!

This spacious condo features a cozy kitchen with upgraded countertop, oven/microwave, and plenty of cabinets with breakfast bar open to dining room. Dining room is connected to large Living Room with a large sliding glass door with access to spacious balcony overlooking to community courtyard and pool.
Bonus room connected to living room that can be used as studio or a third bedroom, it has privacy accordion door room divider with a pleasing visual appearance. Washer and dryer by the main entry with plenty of cabinet drawers

The hallway leads to the 2 bedrooms that have plenty of closet space. The master bedroom includes ceiling fan and upgraded master bathroom. All bedrooms have double paned windows that adds insulation to the house increasing energy efficiency.

Last Agent to Sell the Property

ALFREDO LAZARTE

OneAmerica Real Estate and Mortgage License #01433821 Listed on: 04/02/2021

Last Buyer's Agent

Nila Marfori

Solomon's Realtors, Inc. License #01840678

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1959

Lot Details

  • 1,307

HOA Fees

  • $437 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Pool
  • Courtyard

Interior Spaces

  • 1,234 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Water Heater

Additional Features

  • Balcony
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5610
  • Assessor Parcel Number 226211028

Community Details

Overview

  • 120 Units
  • Magnolia Palms Association, Phone Number (951) 682-1000
  • Wsr Management HOA

Amenities

  • Community Barbecue Grill

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: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: R3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 226211028
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1234.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 186.39
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Courtyard, Pool
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Water Heater
  • Heating Type: Central
  • Laundry Features: Inside, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue
  • Association Fee: 437.00
  • Association Fee Frequency: Monthly
  • Association Name: Magnolia Palms Association
  • Phone: 951-682-1000
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: WSR Management

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • 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: 120
  • Number Of Units Total: 1

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2021
Sold by
Munoz Mary Lou
Bought by
Cruz Javier
Current Estimated Value
$322,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,400
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2004
Sold by
Munoz Mary Lou and Munoz Mary Lou Q
Bought by
Munoz Mary Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
5.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 20, 2003
Sold by
Lane Emma L and Waterman Emma Lane
Bought by
Lane George R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,350
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2003
Sold by
Lane George R
Bought by
Munoz Mary Lou Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,350
Interest Rate
8.62%
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
Cruz Javier $460,000 Fidelity National Title Ie
Munoz Mary Lou -- Chicago Title Co
Lane George R -- First American Title Co
Munoz Mary Lou Q $111,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cruz Javier $180,400
Previous Owner Munoz Mary Lou $94,960
Previous Owner Munoz Mary Lou $111,000
Previous Owner Munoz Mary Lou Q $94,350
Previous Owner Lane George R $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $230,000 -5.3% $186 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $242,900 +5.6% $197 / Sq Ft
04/19/2021 04/19/21 Off Market $230,000 -- --
04/02/2021 04/02/21 For Sale $242,900 -- $197 / 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: IV21069591

California Regional Multiple Listing Service (CRMLS)

APN: 226-211-028