NOT LISTED FOR SALE

7142 Potomac St Riverside, CA 92504

Magnolia Center Neighborhood

Estimated Value: $524,000 - $609,000

2 Beds
1 Bath
1,226 Sq Ft
$468/Sq Ft Est. Value

Last Sold October 11, 2012

Last sale price $159,000 $130 Per Sq Ft

Est. 261% increase in value since last sale

Current estimated payment $3,181/month

119 Days on Market

Highlights

  • No HOA
  • Central Air
  • No Heating

About This Home

As of October 2012

Nice Single Story 2 Bedroom 1 Bath, Short Sale property.

Last Agent to Sell the Property

Scott Waite

Community One Realty License #01418772 Listed on: 04/02/2012

Last Buyer's Agent

Scott Waite

Community One Realty License #01418772 Listed on: 04/02/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 6,968

Parking

  • 2 Car Garage

Interior Spaces

  • 1,226 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • No Heating

Additional Features

  • 6,968 Sq Ft Lot
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 31401
  • Assessor Parcel Number 230152007

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 230152007
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1226.00
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 129.69

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00

Utilities

  • Heating: No
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Size Sq Ft: 6968.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6968.0000 Square Feet

Tax Info

  • Tax Lot: 20
  • Tax Tract Number: 31401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2012
Closed on
Oct 2, 2012
Sold by
Barr Richard A
Bought by
Barr Corene A
Seller's Agent
Scott Waite
Community One Realty
Buyer's Agent
Scott Waite
Community One Realty
List Price
$130,000
Sold Price
$159,000
Premium/Discount to List
$29,000
22.31%
Current Estimated Value
$574,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,359
Avg. Annual Appreciation
10.19%
Original Mortgage
$127,200
Outstanding Balance
$88,059
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$486,300

Purchase Details

Listed on
Apr 2, 2012
Closed on
Aug 28, 2012
Sold by
Humble Dina M
Bought by
Barr Corene A
Seller's Agent
Scott Waite
Community One Realty
Buyer's Agent
Scott Waite
Community One Realty
List Price
$130,000
Sold Price
$159,000
Premium/Discount to List
$29,000
22.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Outstanding Balance
$88,059
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$486,300

Purchase Details

Closed on
May 18, 2004
Sold by
Brady William R and Brady Nicole A
Bought by
Humble Dina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 1999
Sold by
Priebe Richard F and Priebe Suzanne
Bought by
Brady William R and Brady Nicole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,400
Interest Rate
7.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Barr Corene A -- Lawyers Title
Barr Corene A $79,500 Lawyers Title
Humble Dina M $610,000 First Southwestern Title Co
Brady William R $122,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barr Corene A $127,200
Previous Owner Humble Dina M $244,000
Previous Owner Brady William R $85,400
Closed Brady William R $30,500
Closed Humble Dina M $61,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2012 10/11/12 Sold $159,000 +22.3% $130 / Sq Ft
08/29/2012 08/29/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $130,000 -18.2% $106 / Sq Ft
04/03/2012 04/03/12 Off Market $159,000 -- --
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 $2,167 $195,781 $73,878 $121,903
2023 $2,167 $188,180 $71,010 $117,170
2022 $2,118 $184,491 $69,618 $114,873
2021 $2,102 $180,874 $68,253 $112,621
2020 $2,086 $179,021 $67,554 $111,467
2019 $2,048 $175,512 $66,230 $109,282
2018 $2,009 $172,072 $64,932 $107,140
2017 $1,974 $168,699 $63,659 $105,040
2016 $1,850 $165,392 $62,411 $102,981
2015 $1,823 $162,910 $61,475 $101,435
2014 $1,806 $159,721 $60,272 $99,449
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Scott Waite

    Community One Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: T12042474

California Regional Multiple Listing Service (CRMLS)

APN: 230-152-007

California Riverside County Riverside 92504 Magnolia Center

7142 Potomac St, Riverside, CA

Not Listed for Sale

Detached

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