Zachary Bach
eXp Realty of California, Inc.
(951) 404-2680
62 Total Sales
2 in Magnolia Center
$690,000 Price Range
7490 Magnolia Ave Riverside, CA 92504
Magnolia Center Neighborhood
3
Beds
2
Baths
19,365
Sq Ft
0.69
Acre Lot
Highlights
- Private Pool
- Wood Flooring
- Wall Furnace
- 0.69 Acre Lot
- Laundry Facilities
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
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 30,056 Sq Ft 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
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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2015
Closed on
Dec 15, 2015
Sold by
Bought by
Seller's Agent
Alex Garcia
MARCUS & MILLICHAP
Buyer's Agent
Alex Garcia
MARCUS & MILLICHAP
List Price
$2,900,000
Sold Price
$2,685,000
Premium/Discount to List
-$215,000
-7.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,879,500
Interest Rate
3.92%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 16, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
6.97%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 15, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Magnolia Center, CA
-
Zachary Bach
-
Judy Sailors
Judy Sailors
EXP REALTY OF CALIFORNIA INC.
(909) 675-0971
70 Total Sales
1 in Magnolia Center
$485,000 Price
-
Daniel Gray
Daniel Gray
First Team Real Estate
(657) 500-0995
23 Total Sales
1 in Magnolia Center
$600,000 Price
-
Pedro Torres Jr.
Pedro Torres Jr.
First Class Platinum Brokers
(562) 392-3404
122 Total Sales
1 in Magnolia Center
$679,000 Price
-
Marino Morales
Marino Morales
BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS
(951) 476-2542
41 Total Sales
1 in Magnolia Center
$560,000 Price
-
Nicole Jones
Nicole Jones
HOMESMART, EVERGREEN REALTY
(909) 443-1851
169 Total Sales
5 in Magnolia Center
$540K - $599K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,685,000 | Commonwealth Land Title | ||
| $875,000 | Orange Coast Title | ||
| $192,500 | Gateway Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,467,500 | ||
| Closed | $1,879,500 | ||
| Previous Owner | $1,500,000 | ||
| Previous Owner | $880,000 | ||
| Previous Owner | $656,250 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $36,146 | $3,242,059 | $603,733 | $2,638,326 |
| 2025 | $36,146 | $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
-
A
Seller's Agent in 2016
Alex Garcia
MARCUS & MILLICHAP
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV15200335
APN: 230-121-001
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.
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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