NOT LISTED FOR SALE

7173 Mount Vernon St Riverside, CA 92504

Magnolia Center Neighborhood

Estimated Value: $586,366 - $633,000

2 Beds
2 Baths
1,228 Sq Ft
$496/Sq Ft Est. Value

Last Sold December 06, 2016

Last sale price $305,000 $248 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,605/month

63 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Lawn
  • Maid or Guest Quarters
  • Granite Countertops
  • No HOA

About This Home

As of December 2016

Wonderful Area near Magnolia Center, Front House is 2 BR 1 Bath plus a 400 Sqft guest house, It's permitted and has living area kitchen and 1 bath is totally updated, Front house has newer roof, newer kitchen cabinets, granite counter tops, newer paint and carpet, Central heat and air, Large storage structure in backyard. Front house is 828 Sqft total Sqft 1228.

Last Agent to Sell the Property

Donna Bohling

WESTCOE REALTORS INC License #00643739 Listed on: 08/15/2016

WESTCOE REALTORS INC

Last Buyer's Agent

CLAUDIA PINEDA NAVARRO

Realty One Group United License #01427565

Realty One Group United

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 6,970 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Chain Link Fence
  • Level Lot
  • Lawn
  • Front Yard
  • On-Hand Building Permits

Home Design

  • 1,228 Sq Ft Home
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Kitchen

  • Gas Oven
  • Gas Range
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • Maid or Guest Quarters
  • 2 Bathrooms

Laundry

  • Laundry Room

Parking

  • Parking Available
  • Driveway
  • Paved Parking

Outdoor Features

  • Fence Around Pool
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 36
  • Tax Tract Number 314
  • Assessor Parcel Number 230152024

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: R1065
  • Property Condition: Building Permit
  • Property Type: Residential Income
  • Parcel Number: 230152024
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 248.37
  • Room Type: All Bedrooms Down, Guest/Maid's Quarters

Exterior Features

  • Foundation: Raised
  • Other Structures: Storage
  • Fencing: Block, Chain Link
  • Pool Features: Fenced
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete, Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level, Lawn, Lot 6500-9999
  • Lot Size Sq Ft: 6970.00
  • Price Per Lot Square Foot: 46.63

Multi Family

  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 36
  • Tax Tract Number: 314.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2016
Closed on
Nov 2, 2016
Sold by
Tovar Yasmin Elisabeth
Bought by
Palacios Albert
Seller's Agent
Donna Bohling
WESTCOE REALTORS INC
Buyer's Agent
CLAUDIA PINEDA NAVARRO
Realty One Group United
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%
Current Estimated Value
$608,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,842
Avg. Annual Appreciation
7.90%
Original Mortgage
$299,475
Interest Rate
3.52%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 15, 2016
Closed on
Oct 21, 2016
Sold by
Kirk Carmen C
Bought by
Rich Gregory A
Seller's Agent
Donna Bohling
WESTCOE REALTORS INC
Buyer's Agent
CLAUDIA PINEDA NAVARRO
Realty One Group United
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,475
Interest Rate
3.52%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 15, 2016
Closed on
Oct 20, 2016
Sold by
Rich Gregory A and Rich Scott M
Bought by
Palacios Albert
Seller's Agent
Donna Bohling
WESTCOE REALTORS INC
Buyer's Agent
CLAUDIA PINEDA NAVARRO
Realty One Group United
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,475
Interest Rate
3.52%
Mortgage Type
FHA
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
Palacios Albert -- Fnt
Rich Gregory A -- Fnt
Rich Scott M -- Fnt
Palacios Albert $305,000 Fnt Ie
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palacios Albert $299,475
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2016 12/06/16 Sold $305,000 -4.7% $248 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
09/14/2016 09/14/16 Price Changed $320,000 -1.5% $261 / Sq Ft
08/15/2016 08/15/16 For Sale $325,000 -- $265 / 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 $5,095 $475,831 $88,371 $387,460
2023 $5,095 $397,062 $84,941 $312,121
2022 $3,699 $333,559 $76,554 $257,005
2021 $3,654 $327,019 $75,053 $251,966
2020 $3,625 $323,667 $74,284 $249,383
2019 $3,556 $317,322 $72,828 $244,494
2018 $3,486 $311,100 $71,400 $239,700
2017 $3,438 $305,000 $70,000 $235,000
2016 $1,725 $153,746 $65,889 $87,857
2015 $1,701 $151,439 $64,900 $86,539
2014 $1,684 $148,475 $63,630 $84,845
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Donna Bohling

    WESTCOE REALTORS INC

    Section Image

  • C

    Buyer's Agent in 2016

    CLAUDIA PINEDA NAVARRO

    Realty One Group United

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16183037

California Regional Multiple Listing Service (CRMLS)

APN: 230-152-024

California Riverside County Riverside 92504 Magnolia Center

7173 Mount Vernon St, Riverside, CA

Not Listed for Sale

MultiFamily

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