NOT LISTED FOR SALE

7550 Freda Ave Riverside, CA 92504

Estimated Value: $421,000 - $583,000

3 Beds
2 Baths
1,250 Sq Ft
$412/Sq Ft Est. Value

Last Sold January 10, 2023

Last sale price $460,000 $368 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,235/month

123 Days on Market

Highlights

  • View of Hills
  • Level Lot
  • 1-Story Property
  • No HOA
  • No Heating

About This Home

As of January 2023

Two homes near the price of one! Both homes have laminate flooring and fresh paint throughout. The kitchens feature shaker cabinets, quartz counters and stainless steel appliances. As you enter the property the main home sits closest to the street with a cute front yard and large shade tree in the rear yard area. Shortly beyond the parking area there is a large storage building and beyond that structure is an ADU which shows just as well as the front unit with dual pane windows and a light and bright feel. Beyond the ADU unit there is still more yard also loaded with more trees and plenty of possibilities. This is a lovely opportunity for those looking for multi-generational living or live in one home and rent the other!

Last Agent to Sell the Property

Jarrod Whitehorn

Jarrod Whitehorn, Broker License #01480456 Listed on: 08/06/2022

Last Buyer's Agent

Diana Quiroz

LPT Realty, Inc License #02124282

LPT Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,198

Year Built

  • Built in 1925

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot
  • Property is zoned R1065

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • Views of Hills

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Location

  • Urban Location

Utilities

  • No Heating
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 1
  • Assessor Parcel Number 230284008
  • $82 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,198

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R1065
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 230284008
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1250.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 368.00
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Hills
  • Pool Private: No

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 313.00
  • Tax Lot: 34
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 82.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2022
Closed on
Dec 13, 2022
Sold by
Lumos Communities Llc
Bought by
Ayala Ana Edy Jovel and Guadarrama Marco Alejandro
Seller's Agent
Jarrod Whitehorn
Jarrod Whitehorn, Broker
Buyer's Agent
Diana Quiroz
LPT Realty, Inc
List Price
$449,990
Sold Price
$460,000
Premium/Discount to List
$10,010
2.22%
Views
66
Current Estimated Value
$515,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,298
Avg. Annual Appreciation
4.39%
Original Mortgage
$437,000
Outstanding Balance
$423,680
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$91,618

Purchase Details

Listed on
Nov 17, 2020
Closed on
Sep 13, 2021
Sold by
Jaramillo Arcadia
Bought by
Lumos Communities Llc
Seller's Agent
CONNIE REYES
EXCELLENCE EMPIRE REAL ESTATE
Buyer's Agent
CONNIE REYES
EXCELLENCE EMPIRE REAL ESTATE
List Price
$300,000
Sold Price
$270,000
Premium/Discount to List
-$30,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.68%

Purchase Details

Closed on
May 4, 2007
Sold by
Jaramillo Arcadia
Bought by
Jaramillo Arcadia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 1999
Sold by
Jaramillo Jose C
Bought by
Jaramillo Arcadia
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
Ayala Ana Edy Jovel $460,000 Lawyers Title
Lumos Communities Llc $270,000 Lawyers Title
Jaramillo Arcadia -- Chicago Title Company
Jaramillo Arcadia $27,000 --
Jaramillo Arcadia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayala Ana Edy Jovel $437,000
Previous Owner Jaramillo Arcadia $168,000
Previous Owner Jaramillo Arcadia $155,000
Previous Owner Jaramillo Arcadia $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2023 01/10/23 Sold $460,000 +2.2% $368 / Sq Ft
12/07/2022 12/07/22 Pending -- -- --
11/21/2022 11/21/22 For Sale $449,990 0.0% $360 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
11/10/2022 11/10/22 Price Changed $449,990 -5.3% $360 / Sq Ft
11/02/2022 11/02/22 Price Changed $474,990 -5.0% $380 / Sq Ft
10/28/2022 10/28/22 Price Changed $499,920 0.0% $400 / Sq Ft
10/19/2022 10/19/22 Price Changed $499,930 0.0% $400 / Sq Ft
10/14/2022 10/14/22 Price Changed $499,940 0.0% $400 / Sq Ft
09/30/2022 09/30/22 Price Changed $499,960 0.0% $400 / Sq Ft
09/16/2022 09/16/22 Price Changed $499,970 0.0% $400 / Sq Ft
08/19/2022 08/19/22 Price Changed $499,980 0.0% $400 / Sq Ft
08/06/2022 08/06/22 For Sale $499,990 +85.2% $400 / Sq Ft
10/14/2021 10/14/21 Sold $270,000 0.0% $402 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
02/08/2021 02/08/21 Price Changed $270,000 -10.0% $402 / Sq Ft
11/17/2020 11/17/20 For Sale $300,000 -- $446 / 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 $5,198 $483,480 $166,464 $317,016
2023 $5,198 $290,700 $76,500 $214,200
2022 $3,234 $285,000 $75,000 $210,000
2021 $1,197 $99,946 $49,973 $49,973
2020 $1,188 $98,922 $49,461 $49,461
2019 $1,167 $96,984 $48,492 $48,492
2018 $1,145 $95,084 $47,542 $47,542
2017 $1,126 $93,220 $46,610 $46,610
2016 $1,057 $91,394 $45,697 $45,697
2015 $1,042 $90,022 $45,011 $45,011
2014 $1,031 $88,260 $44,130 $44,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22173271

California Regional Multiple Listing Service (CRMLS)

APN: 230-284-008