NOT LISTED FOR SALE

7448 Via Montecito Riverside, CA 92506

Alessandro Heights Neighborhood

Estimated Value: $840,000 - $1,652,000

3.5 Acres
$356,000 Price per Acre
152,460 Sq Ft Lot

Last Sold March 17, 2023

Last sale price $1,450,000

Est. 14% decrease in value since last sale

Current estimated payment $7,331/month

17 Days on Market

Highlights

  • 3.5 Acre Lot
  • Polytechnic High School Rated A-
  • Mountain View

About This Lot

As of March 2023

Introducing Montecito, a high-end gated community in the city of Riverside of which the seller is combining 2 lots into 1 sale for the total price of $1,500,000. Legal descriptions are as follows: Lots 2 & 3 of tract number 31859, APN's 243-210-046 & 243-210-047 and totaling 3.5 acres. Situs addresses are as follows: 7448 & 7456 Via Montecito, Riverside, CA 92506-5515. Excellent location within a custom gated community which features a total of 13 finished ready to build homesites. 2 of the 13 have been improved and completed with custom homes. Montecito features ESTATE SIZE ACRE+ LOTS with sweeping views and allows for the opportunity to build yourself a custom home within a very affluent community in Alessandro Heights. Drive by at your convenience or call today for a tour within the community.

Last Agent to Sell the Property

Percy Segura

KING REALTY GROUP, INC License #00994539 Listed on: 02/13/2023

Last Buyer's Agent

Clinton Bozner

NATIONAL REALTY GROUP License #02066214

NATIONAL REALTY GROUP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,696

Lot Details

  • 3.5 Acre Lot
  • Rural Setting
  • Density is up to 1 Unit/Acre
  • 243210047

Property Views

  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Planned Development

Location

  • Suburban Location

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 31859
  • Assessor Parcel Number 243210046
  • $45 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$8,696

Lot Details

0

Listing Details

  • Possible Use Comments: Custom home build.
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Subdivision Name Other: Montecito
  • View: Yes
  • Zoning: Res
  • Property Type: Land
  • Parcel Number: 243210046
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 9.51

Exterior Features

  • View: Hills, Mountain(s), Neighborhood

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Gutters, Rural, Storm Drains, Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 243210047
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 152460.00
  • Lot Size Acres: 3.5000

Multi Family

  • Lot Size Area: 152460.0000 Square Feet

Tax Info

  • Tax Census Tract: 306.04
  • Tax Lot: 2
  • Tax Tract Number: 31859
  • TaxOtherAnnualAssessmentAmount: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2023
Sold by
Garcia Marcos and Lopez-Carson Sara
Bought by
Williams Shane and Fenton Sarah
Current Estimated Value
$1,246,000

Purchase Details

Listed on
Feb 13, 2023
Closed on
Mar 7, 2023
Sold by
Vista Montecito Llc
Bought by
Garcia Marcos and Lopez-Carson Sara
Seller's Agent
Percy Segura
KING REALTY GROUP, INC
Buyer's Agent
Clinton Bozner
NATIONAL REALTY GROUP
List Price
$1,500,000
Sold Price
$1,450,000
Premium/Discount to List
-$50,000
-3.33%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.73%
Original Mortgage
$1,015,000
Interest Rate
6.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 1, 2011
Sold by
Sa California Group Inc
Bought by
Vista Montecito Llc

Purchase Details

Closed on
Jul 2, 2010
Sold by
Talcey Terrace Partners Llc
Bought by
Sa California Group Inc
Source: Public Records

Range of Values:

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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
Williams Shane $1,500,000 None Listed On Document
Garcia Marcos $1,450,000 Chicago Title
Vista Montecito Llc -- None Available
Sa California Group Inc $2,112,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Marcos $1,015,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2023 03/17/23 Sold $1,450,000 -3.3% --
02/13/2023 02/13/23 For Sale $1,500,000 -- --
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 $8,696 $765,000 $765,000 --
2023 $8,696 $201,210 $201,210 $0
2022 $2,240 $197,265 $197,265 $0
2021 $2,221 $193,398 $193,398 $0
2020 $2,205 $191,415 $191,415 $0
2019 $2,164 $187,662 $187,662 $0
2018 $2,122 $183,983 $183,983 $0
2017 $2,085 $180,376 $180,376 $0
2016 $1,953 $176,840 $176,840 $0
2015 $1,926 $174,185 $174,185 $0
2014 $1,910 $170,774 $170,774 $0
Source: Public Records

Agents Affiliated with this Home

  • Percy Segura

    Seller's Agent in 2023

    Percy Segura

    KING REALTY GROUP, INC

    (909) 203-5885

    1 in this area

    29 Total Sales

    Percy Segura
    Section Image
  • Clinton Bozner

    Buyer's Agent in 2023

    Clinton Bozner

    NATIONAL REALTY GROUP

    (951) 833-2707

    3 in this area

    122 Total Sales

    Clinton Bozner
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23025177

California Regional Multiple Listing Service (CRMLS)

APN: 243-210-046

California Riverside County Riverside 92506 Alessandro Heights

7448 Via Montecito, Riverside, CA

This home is located at 7448 Via Montecito, Riverside, CA 92506 since 13 February 2023 and is currently estimated at $1,246,000. 7448 Via Montecito is a home located in Riverside County with nearby schools including Washington Elementary School, Matthew Gage Middle School, and Polytechnic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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