G
Seller's Agent in 2022
Greg Merrill
Gregory Merrill, Broker
(909) 605-9400
2 in this area
13 Total Sales
7135 Potomac St Riverside, CA 92504
Magnolia Center NeighborhoodEstimated Value: $561,000 - $593,000
2
Beds
1
Bath
1,204
Sq Ft
$477/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Laundry Room
- Quartz Countertops
- Bathtub with Shower
- Central Heating and Cooling System
About This Home
As of December 2022Remodeled turnkey home on beautiful street lined with large trees in the Magnolia Center neighborhood. Spacious living room, 2 bedrooms and 1 bathroom. NEW interior and exterior paint, NEW Quartz countertops, original hardwood floors, NEW carpet, and NEW fixtures. Abundant storage space in kitchen. Central HVAC. Detached garage currently used as bonus room. Large back yard for family gatherings. Includes large metal storage shed shown in back yard pictures. Centrally located near shopping, dining, and Riverside Plaza. This one won’t last long!
Last Agent to Sell the Property
Gregory Merrill, Broker License #01906709 Listed on: 11/22/2022
Home Details
Home Type
- Single Family
Year Built
- Built in 1928 | Remodeled
Lot Details
- 7,405 Sq Ft Lot
- Back and Front Yard
- Property is zoned R1065
Home Design
- Composition Roof
Interior Spaces
- 1,204 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room with Fireplace
- Dining Room
Kitchen
- Electric Range
- Quartz Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Parking Available
- Driveway
Schools
- Madison Elementary School
- Sierra Middle School
- Ramona High School
Additional Features
- Exterior Lighting
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 9
- Tax Tract Number 9
- Assessor Parcel Number 230151014
- $85 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2022
Closed on
Dec 8, 2022
Sold by
Merrill Gregory
Bought by
Carranza Luis and Carranza Edie
Seller's Agent
Greg Merrill
Gregory Merrill, Broker
Buyer's Agent
Emily Raymond
NEST REAL ESTATE
List Price
$479,000
Sold Price
$485,500
Premium/Discount to List
$6,500
1.36%
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,053
Avg. Annual Appreciation
5.58%
Original Mortgage
$469,296
Outstanding Balance
$455,214
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$119,339
Purchase Details
Closed on
May 18, 2021
Sold by
Duong Elaine Hien
Bought by
Merrill Gregory
Purchase Details
Closed on
Jul 10, 2003
Sold by
Larick Jo E
Bought by
Bussanich Mark and Bussanich Donna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,200
Interest Rate
4.14%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Mar 2, 1998
Sold by
Sickman Ellen A and Hazelbaker Rosanne K
Bought by
Larick Jo E
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Carranza Luis | $485,500 | First American Title | |
| Merrill Gregory | -- | First American Title | |
| Merrill Gregory | $357,500 | First American Title | |
| Bussanich Mark | $388,000 | Fntic | |
| Larick Jo E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Carranza Luis | $469,296 | |
| Previous Owner | Bussanich Mark | $155,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/19/2022 12/19/22 | Sold | $485,500 | +0.1% | $403 / Sq Ft |
| 11/26/2022 11/26/22 | Pending | -- | -- | -- |
| 11/26/2022 11/26/22 | Price Changed | $485,000 | +1.3% | $403 / Sq Ft |
| 11/22/2022 11/22/22 | For Sale | $479,000 | -- | $398 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,486 | $505,113 | $151,534 | $353,579 |
| 2023 | $5,486 | $485,500 | $145,650 | $339,850 |
| 2022 | $4,123 | $364,650 | $91,800 | $272,850 |
| 2021 | $2,926 | $254,800 | $65,664 | $189,136 |
| 2020 | $2,905 | $252,188 | $64,991 | $187,197 |
| 2019 | $2,850 | $247,244 | $63,717 | $183,527 |
| 2018 | $2,796 | $242,397 | $62,469 | $179,928 |
| 2017 | $2,746 | $237,645 | $61,245 | $176,400 |
| 2016 | $2,572 | $232,987 | $60,045 | $172,942 |
| 2015 | $2,535 | $229,490 | $59,144 | $170,346 |
| 2014 | $2,512 | $224,997 | $57,987 | $167,010 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Merrill
-
Emily Raymond
Buyer's Agent in 2022
Emily Raymond
NEST REAL ESTATE
(909) 228-3067
1 in this area
33 Total Sales
-
Aaron Stel
Buyer Co-Listing Agent in 2022
Aaron Stel
COMPASS
(909) 402-3523
2 in this area
224 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV22237745
APN: 230-151-014
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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