NOT LISTED FOR SALE

7492 Mount Vernon St Riverside, CA 92504

Magnolia Center Neighborhood

Estimated Value: $600,733 - $879,000

4 Beds
2 Baths
2,000 Sq Ft
$352/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $399,000 $200 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,054/month

44 Days on Market

Highlights

  • Corner Lot
  • Neighborhood Views
  • 2 Car Attached Garage
  • No HOA
  • Den
  • Walk-In Closet

About This Home

As of February 2020

INVESTORS SPECIAL! Single Story Duplex both occupied by long term tenants. Both Units are 2 Bedroom and 1 Bathroom. Each Unit is approximately 1000 square feet and has an additional Living Space that could be used as a 3rd Bedroom, Den or Office. Property is located on a Corner Lot with Individual Garages and Driveways. Conveniently located near the 91 freeway. Perfect for Commuters or CBU Students. Don't miss out on this opportunity before its gone!

Last Agent to Sell the Property

Stephenie DeBonis

COLDWELL BANKER REALTY License #01990730 Listed on: 12/09/2019

COLDWELL BANKER REALTY

Last Buyer's Agent

ERIN ROBERTS

Tower Agency License #02065388

Tower Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 8,276 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Den
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 5 / 20
  • Tax Tract Number 314
  • Assessor Parcel Number 230123001

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: R2
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 230123001
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2000.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 199.50
  • Room Type: All Bedrooms Down, Den, Kitchen, Laundry, Living Room, Walk-In Closet

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • 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: Corner Lot
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8276.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 20
  • Tax Census Tract: 314.01
  • Tax Lot: 5
  • Tax Tract Number: 314.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2019
Closed on
Jan 31, 2020
Sold by
Slawsby Robert and Slawsby Dana M
Bought by
Saxon Steven M and Saxon Joni K
Seller's Agent
Stephenie DeBonis
COLDWELL BANKER REALTY
Buyer's Agent
ERIN ROBERTS
Tower Agency
List Price
$399,000
Sold Price
$399,000
Current Estimated Value
$704,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,183
Avg. Annual Appreciation
10.05%
Original Mortgage
$299,250
Outstanding Balance
$264,965
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$439,218

Purchase Details

Closed on
Jul 2, 2003
Sold by
Slawsby Robert B and Slawby Dana M
Bought by
Slawsby Robert and Slawsby Dana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2002
Sold by
Moniz Keith
Bought by
Slawsby Robert B and Slawsby Dana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.83%
Mortgage Type
Commercial

Purchase Details

Closed on
May 9, 2000
Sold by
Hud
Bought by
Moniz Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,800
Interest Rate
8.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 9, 1999
Sold by
Aurora Loan Services Inc
Bought by
Hud
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
Saxon Steven M $399,000 First American Title
Slawsby Robert -- First American Title Co
Slawsby Robert B $150,000 First American Title Ins Co
Moniz Keith $113,500 First Southwestern Title Co
Hud -- American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saxon Steven M $299,250
Previous Owner Slawsby Robert $132,000
Previous Owner Slawsby Robert B $120,000
Previous Owner Moniz Keith $107,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2020 02/21/20 Sold $399,000 0.0% $200 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $399,000 0.0% $200 / Sq Ft
12/18/2019 12/18/19 Off Market $399,000 -- --
12/14/2019 12/14/19 Pending -- -- --
12/09/2019 12/09/19 For Sale $399,000 -- $200 / 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 $4,770 $436,359 $130,907 $305,452
2023 $4,770 $419,417 $125,825 $293,592
2022 $4,663 $411,194 $123,358 $287,836
2021 $4,603 $403,133 $120,940 $282,193
2020 $2,372 $202,595 $60,773 $141,822
2019 $2,329 $198,624 $59,582 $139,042
2018 $2,285 $194,730 $58,414 $136,316
2017 $2,245 $190,913 $57,269 $133,644
2016 $2,105 $187,171 $56,147 $131,024
2015 $2,075 $184,361 $55,304 $129,057
2014 $2,056 $180,752 $54,222 $126,530
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Stephenie DeBonis

    COLDWELL BANKER REALTY

    Section Image

  • E

    Buyer's Agent in 2020

    ERIN ROBERTS

    Tower Agency

    Section Image
  • Scott Gieser

    Buyer Co-Listing Agent in 2020

    Scott Gieser

    Tower Agency

    (951) 531-3621

    4 in this area

    55 Total Sales

    Scott Gieser
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV19278444

California Regional Multiple Listing Service (CRMLS)

APN: 230-123-001

California Riverside County Riverside 92504 Magnolia Center

7492 Mount Vernon St, Riverside, CA

Not Listed for Sale

MultiFamily

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