NOT LISTED FOR SALE

7083 New Mexico Dr Riverside, CA 92506

Estimated Value: $577,000 - $598,000

3 Beds
2 Baths
1,110 Sq Ft
$532/Sq Ft Est. Value

Last Sold April 04, 2018

Last sale price $305,000 $275 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,434/month

8 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Central Heating and Cooling System
  • 2 Car Direct Access Garage
  • Tile Flooring
  • Front Yard

About This Home

As of April 2018

A perfect starter home for the first time home buyer. This home is located in the heart of Riverside. Newer shopping centers and great eateries nearby, as well as family parks and a beautiful City Library. The layout is of this home is functional...just needs a little TLC.

Last Agent to Sell the Property

Josh Huizar

KW College Park License #01879833 Listed on: 03/07/2018

KW College Park

Last Buyer's Agent

Amanda Huizar

KW College Park License #01961452

KW College Park

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,790

Year Built

  • Built in 1978

Lot Details

  • 6,534 Sq Ft Lot
  • Front Yard
  • Property is zoned R1065

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Cosmetic Repairs Needed
  • Composition Roof

Interior Spaces

  • 1,110 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 67
  • Tax Tract Number 6734
  • Assessor Parcel Number 235031002

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,790

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • View: No
  • Zoning: R1065
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 235031002
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1110.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 274.77
  • Room Type: Kitchen, Living Room, Master Bedroom

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Concrete, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6534.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 312.00
  • Tax Lot: 67
  • Tax Tract Number: 6734

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2018
Closed on
Mar 20, 2018
Sold by
Jasper Timothy Richmond
Bought by
Magana Luis and Magana Antonia
Seller's Agent
Josh Huizar
KW College Park
Buyer's Agent
Amanda Huizar
KW College Park
List Price
$300,000
Sold Price
$305,000
Premium/Discount to List
$5,000
1.67%
Current Estimated Value
$590,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,365
Avg. Annual Appreciation
9.28%

Purchase Details

Closed on
Apr 8, 2009
Sold by
Accredited Home Lenders Inc
Bought by
Jasper Timothy Richmond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
4.71%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 26, 2008
Sold by
Arroyo Arturo R and Arroyo Norma A
Bought by
Accredited Home Lenders Inc

Purchase Details

Closed on
Aug 18, 2004
Sold by
Rivera Armando and Rivera Domilila
Bought by
Arroyo Arturo R and Arroyo Norma A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2002
Sold by
Rivera Francisco S and Rivera Lilia A
Bought by
Rivera Armando and Rivera Domitila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 4, 1996
Sold by
Tx Commerce Bk Na
Bought by
Rivera Francisco S and Rivera Lilia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,188
Interest Rate
8.3%
Mortgage Type
FHA
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
Magana Luis $305,000 Corinthian Title Company
Jasper Timothy Richmond $170,000 Lsi Title Agency
Accredited Home Lenders Inc $151,852 Fidelity National Title Ins
Arroyo Arturo R $295,000 United Title Company
Rivera Armando -- --
Rivera Francisco S $97,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jasper Timothy Richmond $28,306
Previous Owner Jasper Timothy Richmond $166,920
Previous Owner Arroyo Arturo R $100,000
Previous Owner Arroyo Arturo R $236,000
Previous Owner Rivera Armando $161,500
Previous Owner Rivera Armando $112,000
Previous Owner Rivera Francisco S $97,188
Closed Arroyo Arturo R $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2018 04/04/18 Sold $305,000 0.0% $275 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
03/11/2018 03/11/18 Off Market $305,000 -- --
03/07/2018 03/07/18 For Sale $300,000 -- $270 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $3,790 $347,033 $113,781 $233,252
2023 $3,790 $333,559 $109,363 $224,196
2022 $3,704 $327,019 $107,219 $219,800
2021 $3,660 $320,608 $105,117 $215,491
2020 $3,633 $317,322 $104,040 $213,282
2019 $3,565 $311,100 $102,000 $209,100
2018 $2,236 $192,387 $90,536 $101,851
2017 $2,197 $188,615 $88,761 $99,854
2016 $2,059 $184,918 $87,021 $97,897
2015 $2,029 $182,143 $85,715 $96,428
2014 $2,010 $178,577 $84,037 $94,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG18052963

California Regional Multiple Listing Service (CRMLS)

APN: 235-031-002