A
Seller's Agent in 2016
Alex Garcia
MARCUS & MILLICHAP
7490 Magnolia Ave Riverside, CA 92504
Magnolia Center Neighborhood
3
Beds
2
Baths
19,365
Sq Ft
0.69
Acres
Highlights
- Private Pool
- Wood Flooring
- Laundry Room
- 0.69 Acre Lot
- Cooling System Mounted To A Wall/Window
- Wall Furnace
About This Home
As of January 2016Deluxe Madison is a traditional garden style property and has been well maintained and improved. Recent exterior improvements consist of complete restoration of decks, new hardscape landscaping, exterior painting of the building, new signage, and additional exterior lighting. Awnings have also been replaced and an attractive enclosure constructed for the trash and recycling. In addition, the parking lot has been redone with an overlay slurry coat and striping. Deluxe Madison is ideally located on the intersection of Madison and Magnolia, creating significant visibility. The property focuses on a central garden courtyard which features a sparkling pool and a gazebo sitting area.
The units are all spacious one and two bedroom floor plans. The interior of the units have been upgraded with vinyl wood plank flooring throughout. Each unit has an individual hot water heater. All of the units feature ample cupboard and closet space and are equipped with smoke detectors. Heating and air-conditioning is supplied via wall mounted units.
Last Agent to Sell the Property
Alex Garcia
MARCUS & MILLICHAP License #01072982 Listed on: 09/09/2015
Last Buyer's Agent
Alex Garcia
MARCUS & MILLICHAP License #01072982 Listed on: 09/09/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 0.69 Acre Lot
- Two or More Common Walls
- Density is 31-35 Units/Acre
Parking
- 14 Car Garage
Home Design
- Property Attached
Interior Spaces
- 19,365 Sq Ft Home
- Wood Flooring
- Laundry Room
Kitchen
- Electric Oven
- Electric Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Additional Features
- Private Pool
- Suburban Location
Listing and Financial Details
- Tax Lot 230
- Tax Tract Number 121
- Assessor Parcel Number 230121001
Community Details
Recreation
- Community Pool
Building Details
- 23 Separate Electric Meters
- 23 Separate Gas Meters
- 23 Separate Water Meters
- Electric Expense $4,849
- Insurance Expense $5,750
- Other Expense $47,263
- Trash Expense $2,425
- Water Sewer Expense $2,425
- New Taxes Expense $32,123
- Gross Income $20,435
- Net Operating Income $154,962
Additional Features
- 23 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/20/2016 01/20/16 | Sold | $2,685,000 | -7.4% | $139 / Sq Ft |
| 12/01/2015 12/01/15 | Pending | -- | -- | -- |
| 09/09/2015 09/09/15 | For Sale | $2,900,000 | -- | $150 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $34,975 | $3,178,491 | $591,896 | $2,586,595 |
| 2023 | $34,975 | $3,055,068 | $568,913 | $2,486,155 |
| 2022 | $34,193 | $2,995,165 | $557,758 | $2,437,407 |
| 2021 | $33,640 | $2,936,437 | $546,822 | $2,389,615 |
| 2020 | $33,389 | $2,906,329 | $541,216 | $2,365,113 |
| 2019 | $32,767 | $2,849,343 | $530,604 | $2,318,739 |
| 2018 | $32,129 | $2,799,224 | $520,200 | $2,279,024 |
| 2017 | $31,550 | $2,744,450 | $510,000 | $2,234,450 |
| 2016 | $13,170 | $1,158,128 | $286,393 | $871,735 |
| 2015 | $12,541 | $1,099,401 | $282,092 | $817,309 |
| 2014 | $12,461 | $1,081,302 | $276,567 | $804,735 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV15200335
APN: 230-121-001
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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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