NOT LISTED FOR SALE

Estimated Value: $290,000 - $309,000

3 Beds
2 Baths
1,235 Sq Ft
1,307 Sq Ft Lot Lot

Sale Details

Date Sold: April 28, 2025

Last sale price $294,000 $238 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,271 / mo

14 Days on Market

Highlights

  • Spa
  • Gated Community
  • Property is near park
  • Automatic Gate
  • Open Floorplan
  • 1-minute walk to Low Park

About This Home

As of April 2025

Attention Homebuyers! This 3-bedroom, 2-bath condo in the heart of Riverside’s Magnolia Center is a fantastic opportunity to make a home your own! With tons of potential, this rare find features a spacious covered balcony and a prime location close to shopping, dining, and entertainment. Whether you're a first-time buyer or looking for a home to customize to your taste, this condo is ready for your personal touch. Don't miss out on this chance to build equity and create your dream space!

Last Agent to Sell the Property

Tami Fleming-Maio

WESTCOE REALTORS INC Brokerage Phone: 951-318-5363 License #01320591 Listed on: 03/11/2025

WESTCOE REALTORS INC

Last Buyer's Agent

DANIEL AGUILAR LL

PONCE & PONCE REALTY, INC License #02023191

PONCE & PONCE REALTY, INC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1959

Lot Details

  • 1,307

HOA Fees

  • $515 Monthly HOA Fees

Parking

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

Property Views

  • Pool
  • Courtyard

Home Design

  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Fixer Upper

Interior Spaces

  • 1,235 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Living Room Balcony
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Tile Countertops
  • Formica Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer
  • 220 Volts In Laundry

Home Security

Outdoor Features

  • Spa
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • No Interior Steps
  • Two or More Common Walls
  • Property is near park

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5610
  • Assessor Parcel Number 226212043
  • $56 per year additional tax assessments

Community Details

Overview

  • 120 Units
  • Magnolia Palms Association, Phone Number (909) 527-4440
  • Pmi Inland Empire HOA

Amenities

  • Picnic Area
  • Community Storage Space

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

Lot Details

1,307 Sq Ft Lot

HOA Fees

$515 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: Yes
  • Zoning: R3
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 226212043
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1235.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Elevator, Formica Counters, Living Room Balcony, Open Floorplan, Tile Counters
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 238.06
  • Room Type: Primary Bathroom, Primary Bedroom
  • Spa Features: Association
  • Room Kitchen Features: Formica Counters

Exterior Features

  • View: Courtyard, Pool
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Electric Cooktop, Electric Water Heater
  • Electric: 220 Volts in Laundry
  • Heating Type: Forced Air
  • Laundry Features: Electric Dryer Hookup, Inside, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Storage, Trash, Call for Rules
  • Association Fee: 515.00
  • Association Fee Frequency: Monthly
  • Association Name: Magnolia Palms Association
  • Phone: 909-527-4440
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
  • Association Management: PMI Inland Empire

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: 120
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 310.01
  • Tax Lot: 1
  • Tax Tract Number: 5610
  • TaxOtherAnnualAssessmentAmount: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2026
Sold by
Mahmudshah Ayub
Bought by
Ayub Family Trust and Ayub
Current Estimated Value
$300,744

Purchase Details

Listed on
Mar 11, 2025
Closed on
Mar 27, 2025
Sold by
Gillins Sharon B
Bought by
Ayub Mahmudshah Shah
Seller's Agent
Tami Fleming-Maio
WESTCOE REALTORS INC
Buyer's Agent
DANIEL AGUILAR LL
PONCE & PONCE REALTY, INC
List Price
$269,900
Sold Price
$294,000
Premium/Discount to List
$24,100
8.93%
Views
169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.27%
Original Mortgage
$185,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2008
Sold by
The Bank Of New York
Bought by
Gillins Sharon B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,729
Interest Rate
5.9%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2008
Sold by
Gillins Curtis L
Bought by
Gillins Sharon B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,729
Interest Rate
5.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 3, 2008
Sold by
Campos Danny A
Bought by
The Bank Of New York

Purchase Details

Closed on
Aug 9, 2005
Sold by
Padilla Jorge and Padilla Evyonne C
Bought by
Campos Danny A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2005
Sold by
Quintero Victoria A and Solorzano Mario
Bought by
Padilla Jorge and Padilla Evyonne C

Purchase Details

Closed on
Mar 3, 2004
Sold by
Seyler Robert D
Bought by
Solorzano Mario and Quintero Victoria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2003
Sold by
Messer Aline M
Bought by
Seyler Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,926
Interest Rate
5.13%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 1995
Sold by
Duchaine Marcelle E
Bought by
Messer Aline M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ayub Family Trust -- None Listed On Document
Ayub Mahmudshah Shah $294,000 First American Title
Gillins Sharon B $127,000 Landsafe Title
Gillins Sharon B -- Landsafe Title
The Bank Of New York $127,500 Landsafe Title
Campos Danny A $265,000 Stewart Title Guaranty
Padilla Jorge -- --
Solorzano Mario $165,000 First American Title Co
Seyler Robert D $109,500 First American Title Co
Messer Aline M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ayub Mahmudshah Shah $185,000
Previous Owner Gillins Sharon B $124,729
Previous Owner Campos Danny A $212,000
Previous Owner Solorzano Mario $156,750
Previous Owner Seyler Robert D $106,926
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2025 04/28/25 Sold $294,000 +8.9% $238 / Sq Ft
03/25/2025 03/25/25 Pending -- -- --
03/11/2025 03/11/25 For Sale $269,900 -- $219 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

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
2025 $1,810 $163,523 $64,376 $99,147
2023 $1,810 $157,175 $61,877 $95,298
2022 $1,770 $154,094 $60,664 $93,430
2021 $1,759 $151,074 $59,475 $91,599
2020 $1,746 $149,526 $58,866 $90,660
2019 $1,714 $146,595 $57,712 $88,883
2018 $1,682 $143,722 $56,581 $87,141
2017 $1,653 $140,905 $55,472 $85,433
2016 $1,549 $138,143 $54,385 $83,758
2015 $1,527 $136,069 $53,569 $82,500
2014 $1,512 $133,406 $52,521 $80,885
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV25053412

California Regional Multiple Listing Service (CRMLS)

APN: 226-212-043

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