NOT LISTED FOR SALE

7550 Spencer Ct Riverside, CA 92506

Alessandro Heights Neighborhood

Estimated Value: $405,884 - $717,000

2.23 Acres
$229,579 Price per Acre
97,139 Sq Ft Lot

Last Sold July 26, 2024

Last sale price $400,000

Est. 28% increase in value since last sale

Current estimated payment $3,319/month

34 Days on Market

Highlights

  • 2.23 Acre Lot
  • Mountain View
  • Cul-De-Sac
  • Polytechnic High School Rated A-
  • No HOA

About This Lot

As of July 2024

There are a total of six custom home lots located in the heart of Alessandro Heights. The Seller would like to sell ALL six lots to one buyer, however they will entertain offers from individuals for specific purchase. All these lots have utilities and sewer at the curb. Desirable building sites with excellent views.
7550-7560-7565-7570-7575-7580 Spencer Ct.

Last Agent to Sell the Property

Mark Giltner

GenStone, Inc. Brokerage Phone: 909-261-5415 License #01177161 Listed on: 05/28/2024

Last Buyer's Agent

Mark Giltner

GenStone, Inc. Brokerage Phone: 909-261-5415 License #01177161 Listed on: 05/28/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,361

Lot Details

  • 2.23 Acre Lot
  • Cul-De-Sac
  • Property is zoned Residential Lot

Property Views

  • Mountain Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 243220058
  • $55 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$6,361

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: Residential Lot
  • Property Type: Land
  • Parcel Number: 243220058
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 4.12

Exterior Features

  • View: Mountain(s)

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 97139.00
  • Lot Size Acres: 2.2300
  • Latitude Manual: 33.91518300

Multi Family

  • Lot Size Area: 97139.0000 Square Feet

Tax Info

  • Tax Census Tract: 306.05
  • Tax Lot: 5
  • TaxOtherAnnualAssessmentAmount: 55.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2024
Sold by
California Td Specialists Llc
Bought by
Resid Mtg Aggregation Trust and Wilmington Svg Fund Society F
Current Estimated Value
$511,961

Purchase Details

Closed on
May 23, 2021
Sold by
Fairhaven Enterprise Corp
Bought by
Spencer Ct W2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,385,429
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 18, 2021
Sold by
Riverside Construction Company Inc
Bought by
Fairhaven Enterprise Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,385,429
Interest Rate
3%
Mortgage Type
Commercial
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
Resid Mtg Aggregation Trust $565,833 Lawyers Title
Spencer Ct W2 Llc $543,000 Stewart Title Guaranty Co
Fairhaven Enterprise Corp $4,452,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Limitless Capital Holdings Llc $400,000
Previous Owner Spencer Ct W2 Llc $1,385,429
Previous Owner Ct W2 Llc $1,385,429
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $400,000 -27.3% --
07/01/2024 07/01/24 Pending -- -- --
06/22/2024 06/22/24 For Sale $549,900 0.0% --
06/07/2024 06/07/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $549,900 -- --
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 $6,361 $488,000 $488,000 --
2023 $6,361 $564,937 $564,937 $0
2022 $6,216 $553,860 $553,860 $0
2021 $1,280 $108,135 $108,135 $0
2020 $1,271 $107,027 $107,027 $0
2019 $1,248 $104,929 $104,929 $0
2018 $1,224 $102,872 $102,872 $0
2017 $1,204 $100,855 $100,855 $0
2016 $1,130 $98,878 $98,878 $0
2015 $1,115 $97,394 $97,394 $0
2014 $1,105 $95,487 $95,487 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Giltner

    Seller's Agent in 2024

    Mark Giltner

    GenStone, Inc.

    (909) 261-5415

    6 in this area

    90 Total Sales

    Mark Giltner
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR24107780

California Regional Multiple Listing Service (CRMLS)

APN: 243-220-058

California Riverside County Riverside 92506 Alessandro Heights

7550 Spencer Ct, Riverside, CA

This home is located at 7550 Spencer Ct, Riverside, CA 92506 since 28 May 2024 and is currently estimated at $511,961. 7550 Spencer Ct is a home located in Riverside County with nearby schools including Washington Elementary School, Matthew Gage Middle School, and Polytechnic 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.

California Regional Multiple Listing Service (CRMLS) 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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