NOT LISTED FOR SALE

Estimated Value: $281,000 - $309,000

2 Beds
1 Bath
913 Sq Ft
$208/mo HOA Fee

Last Sold July 07, 2017

Last sale price $166,000 $182 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,143/month

116 Days on Market

Highlights

  • Heated Spa
  • Deck
  • Wood Flooring
  • Gated Community
  • Traditional Architecture
  • 1-minute walk to Low Park

About This Home

As of July 2017

JUST REDUCED!!! COME SEE THIS SPACIOUS, BEAUTIFUL 2 BED ROOM, 1 FULL BATH CONDO LOCATED IN CENTRAL RIVERSIDE. OPEN AND BRIGHT AIRY FLOOR PLAN . LARGE AND BEAUTIFUL TERRACOTTA TILE THROUGHOUT THE LIVING, DINING AND KITCHEN, & FAMILY AREA. HUGE MASTER BEDROOM WITH WALL TO WALL CLOSET & CARPET. SECOND BEDROOM HAS WOOD FLOOR. WASHER, DRYER, & REFRIGERATOR. SLIDE DOOR WILL LEAD YOU TO SPACIOUS BALCONY TO RELAX AND ENJOY OVERLOOKING INTERIOR COURTYARD. GATED COMMUNITY, POOL AND SPA. GREENBELT SURROUNDINGS. NICE LANDSCAPE. GATED UNDERGROUND PARKING. - MAGNOLIA PALMS COMMUNITY COMPLEX . CLOSE TO RUSD PUBLIC SCHOOLS AND PRIVATE K-12 AND CENTERS OF HIGHER LEARNING INCLUDING RIVERSIDE COMMUNITY COLLEGE, CALIFORNIA BAPTIST UNIVERSITY, UCR, AND LA SIERRA UNIVERSITY, SHOPPING CENTERS INCLUDING RIVERSIDE PLAZA AND GALLERIA AT TYLER, THREE MAJOR MEDICAL HOSPITALS, HIGHWAY ACCESS TO THE 91 AND 215 FWY, BUS STOP, LIBRARY, SENIOR CITIZEN CENTER, SHOPPING CENTERS, ETC...

Last Agent to Sell the Property

SCOTT LANGNER

WSR REAL ESTATE License #01970054 Listed on: 01/27/2017

Last Buyer's Agent

Kenneth Palma

Palma Investments License #01886266

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1959

Lot Details

  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Automatic Gate
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Fire Rated Drywall
  • Interior Block Wall
  • Steel Beams
  • Pre-Cast Concrete Construction

Interior Spaces

  • 913 Sq Ft Home
  • Bar
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Accessible Home Design

  • Accessible Parking

Pool

  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Gunite Spa
  • Fence Around Pool
  • Permits For Spa
  • Permits for Pool

Outdoor Features

  • Balcony
  • Deck
  • Covered patio or porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 9128
  • Assessor Parcel Number 226211032

Community Details

Overview

  • Magnolia Palms HOA, Phone Number (951) 682-1000
  • Greenbelt

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

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

Property Details

Home Type

Condominium

Year Built

Built in 1959

Lot Details

0

HOA Fees

$208 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Description: 951-347-9222
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Firewall(s), Gated Community, Smoke Detector(s)
  • View: No
  • Zoning: R3
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 226211032
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 913.00 Square Feet
  • Interior Amenities: Balcony, Bar, Block Walls, Ceiling Fan(s), Granite Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 181.82
  • Room Type: Kitchen, Laundry, Living Room, Master Bedroom
  • Spa Features: Association, Gunite, Heated, In Ground, Permits
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Shower, Exhaust Fan(s), Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • Patio And Porch Features: Concrete, Covered, Deck
  • Pool Features: Association, Community, Fenced, Heated, Gunite, Permits
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Concrete, Drywall Walls, Steel

Garage/Parking

  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Concrete
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Vented Exhaust Fan, Water Line to Refrigerator
  • Heating Type: Central, Forced Air
  • Laundry Features: Dryer Included, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Electricity, Trash, Water, Dues Paid Monthly, Pet Rules, Pets Permitted
  • Association Fee: 207.81
  • Association Fee Frequency: Monthly
  • Association Name: Magnolia Palms HOA
  • Phone: 951-682-1000
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Greenbelt, Landscaped, Rectangular Lot
  • Lot Size Sq Ft: 1307.00

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: 1
  • Tax Tract Number: 009128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2017
Closed on
May 25, 2017
Sold by
Mazzacua Douglas M and Mazzacua Flor
Bought by
Tumage Patricia A
Seller's Agent
SCOTT LANGNER
WSR REAL ESTATE
Buyer's Agent
Kenneth Palma
Palma Investments
List Price
$179,995
Sold Price
$166,000
Premium/Discount to List
-$13,995
-7.78%
Current Estimated Value
$296,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,639
Avg. Annual Appreciation
7.65%
Original Mortgage
$157,500
Outstanding Balance
$131,386
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$169,796

Purchase Details

Closed on
Dec 19, 2002
Sold by
Panacea Investment Corp
Bought by
Mazzacua Douglas M and Mazzacua Flor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,150
Interest Rate
5.93%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 2002
Sold by
Spears Bobbie Jean
Bought by
Panacea Investment Corp

Purchase Details

Closed on
Oct 23, 2000
Sold by
Wilson Michael
Bought by
Spears Bobbie Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
9.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 1999
Sold by
Omiya June
Bought by
Omiya Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
3.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 1999
Sold by
Omiya Henry
Bought by
Wilson Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
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
Tumage Patricia A $332,000 Stewart Title Of California
Mazzacua Douglas M $95,000 Chicago Title Insurance Co
Panacea Investment Corp $63,000 Northern Counties Title
Spears Bobbie Jean $140,000 Stewart Title Company
Omiya Henry -- Stewart Title Company
Wilson Michael $45,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tumage Patricia A $157,500
Previous Owner Mazzacua Douglas M $92,150
Previous Owner Spears Bobbie Jean $52,500
Previous Owner Wilson Michael $28,000
Closed Spears Bobbie Jean $17,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2017 07/07/17 Sold $166,000 -5.1% $182 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
05/19/2017 05/19/17 Price Changed $174,900 -2.8% $192 / Sq Ft
01/27/2017 01/27/17 For Sale $179,995 0.0% $197 / Sq Ft
11/16/2012 11/16/12 Rented $899 -5.4% --
10/22/2012 10/22/12 Under Contract -- -- --
09/07/2012 09/07/12 For Rent $950 0.0% --
04/11/2012 04/11/12 Rented $950 -2.6% --
04/11/2012 04/11/12 Under Contract -- -- --
03/14/2012 03/14/12 For Rent $975 -- --
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: IV17023453

California Regional Multiple Listing Service (CRMLS)

APN: 226-211-032