NOT LISTED FOR SALE

7550 Magnolia Ave Riverside, CA 92504

Ramona Neighborhood

Estimated Value: $913,000 - $9,365,000

-- Bed
-- Bath
3,944 Sq Ft
$1,303/Sq Ft Est. Value

About This Home

This home is located at 7550 Magnolia Ave, Riverside, CA 92504 and is currently estimated at $5,139,000, approximately $1,302 per square foot. 7550 Magnolia Ave is a home located in Riverside County with nearby schools including Madison Elementary School, Sierra Middle School, and Ramona High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2019
Sold by
Anchor Properties Llc
Bought by
Magnolia Groves 32 Llc
Current Estimated Value
$5,139,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,130,000
Outstanding Balance
$3,631,530
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$1,576,970

Purchase Details

Closed on
Aug 9, 2002
Sold by
Wingo William D
Bought by
Wingo William D

Purchase Details

Closed on
Aug 22, 2001
Sold by
Wingo William D
Bought by
Wingo William D

Purchase Details

Closed on
Aug 5, 1994
Sold by
Verdugo Service Corp
Bought by
Glendale Federal Bank Fsb
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Magnolia Groves 32 Llc $5,900,000 First American Title Ins Co
Wingo William D -- --
Anchor Properties Llc -- --
Wingo William D -- --
Glendale Federal Bank Fsb $221,303 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magnolia Groves 32 Llc $4,130,000
Previous Owner Wingo William D $187,000
Source: Public Records

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 $8,987 $822,132 $152,823 $669,309
2023 $8,987 $790,210 $146,890 $643,320
2022 $8,784 $774,716 $144,010 $630,706
2021 $8,655 $759,527 $141,187 $618,340
2020 $8,591 $751,740 $139,740 $612,000
2019 $3,787 $322,037 $75,765 $246,272
2018 $3,715 $315,724 $74,281 $241,443
2017 $3,651 $309,534 $72,825 $236,709
2016 $3,424 $303,466 $71,398 $232,068
2015 $3,375 $298,910 $70,327 $228,583
2014 $3,343 $293,056 $68,950 $224,106
Source: Public Records

Map

California Riverside County Riverside 92504 Ramona

7550 Magnolia Ave, Riverside, CA

This home is located at 7550 Magnolia Ave, Riverside, CA 92504 and is currently estimated at $5,139,000, approximately $1,302 per square foot. 7550 Magnolia Ave is a home located in Riverside County with nearby schools including Madison Elementary School, Sierra Middle School, and Ramona 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.

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