NOT LISTED FOR SALE

761 S University Dr Riverside, CA 92507

Estimated Value: $601,000 - $650,000

3 Beds
1.5 Baths
1,394 Sq Ft
$454/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $601,000 $431 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,654/month

3 Days on Market

Highlights

  • Custom Home
  • 0.51 Acre Lot
  • Main Floor Primary Bedroom
  • City Lights View
  • Wood Flooring
  • No HOA

About This Home

As of August 2024

Welcome to this unique home and environment with a quaint front porch to greet you. The home is nestled in a neighborhood of custom homes. Changes have been made to this home since it was built in 1948. It has three bedrooms, 1 full bathroom on the main level and a room that appears to have originally been a patio or sunroom that was enclosed and is used as square footage for arts and crafts, a family room or whatever your needs may be. The laundry area, an additional room with a shower and toilet and a 2 or 3 car garage with a storage room are downstairs in an area of approximately 880 SF. The stairs are off the interior hallway to gain access to the area below. There is also an access door from the yard and a garage door with automatic opener. The kitchen has some fun custom features to include a pantry. Open the pantry door to see how a craftsman optimized the space in this area and throughout the home. There are two balconies. One off the side and one off the back. The lot is over 22,000 square feet with room for RV. The home is close to UCR, Canyon Crest Town Center, hiking and biking trails and transportation.

Last Agent to Sell the Property

Leslie Corridan

COLDWELL BANKER REALTY Brokerage Phone: 951-347-4178 License #00372585 Listed on: 07/10/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Marc Coppock

First Team Real Estate License #01963323

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,378

Year Built

  • Built in 1948

Lot Details

  • 0.51 Acre Lot
  • Chain Link Fence
  • Fence is in fair condition
  • Property is zoned R1065

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Driveway Down Slope From Street
  • Gravel Driveway

Property Views

  • City Lights
  • Hills

Home Design

  • Custom Home
  • Entry on the 1st floor
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,394 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Storage

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Wood Patio

Location

  • Suburban Location

Schools

  • Emerson Elementary School
  • University Middle School
  • North High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 42206
  • Assessor Parcel Number 253162007
  • $67 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,378

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: University Knolls
  • View: Yes
  • Zoning: R1065
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 253162007
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1394.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Pantry, Storage
  • Stories: 2
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 431.13
  • Room Type: Main Floor Bedroom, Main Floor Primary Bedroom, Walk-In Pantry
  • Bathroom Features: Bathtub, Shower, Exhaust Fan(s), Main Floor Full Bath
  • Room Kitchen Features: Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: City Lights, Hills
  • Fence: Yes
  • Fencing: Chain Link, Fair Condition
  • Patio And Porch Features: Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Gravel, Driveway Down Slope From Street, Garage Faces Side, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater
  • Electric: Standard
  • Heating Type: Central, Natural Gas
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Riverside Unified
  • Elementary School: Emerson
  • Middle School: University
  • High School: North
  • Elementary School: Emerson
  • High School: North
  • Middle Or Junior School: University
  • Elementary School #2: EMERSO
  • High School2: NORTH

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 22216.00
  • Lot Size Acres: 0.5100
  • Latitude Manual: 33.96403300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 22216.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 422.06
  • Tax Lot: 10
  • Tax Tract Number: 042206
  • TaxOtherAnnualAssessmentAmount: 67.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Jul 30, 2024
Sold by
Kraemer Denise
Bought by
Kamura Jason and Silva Fanny
Seller's Agent
Leslie Corridan
COLDWELL BANKER REALTY
Buyer's Agent
Marc Coppock
First Team Real Estate
List Price
$595,000
Sold Price
$601,000
Premium/Discount to List
$6,000
1.01%
Views
15
Current Estimated Value
$633,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,449
Avg. Annual Appreciation
4.64%
Original Mortgage
$570,950
Outstanding Balance
$564,477
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$68,972

Purchase Details

Closed on
Jan 16, 2020
Sold by
Kraemer Denise and Bywater Kraemer Denise
Bought by
Kraemer Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,608
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2019
Sold by
Kraemer August
Bought by
Bywater Kraemer Denise

Purchase Details

Closed on
Jan 3, 2008
Sold by
Bryan Mary Jo and Quaintance Thomas Richard
Bought by
Kraemer August and Bywater Kraemer Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2005
Sold by
Debryan Luz Maria Espinoza
Bought by
Bryan Guy Kelsey

Purchase Details

Closed on
Mar 15, 2005
Sold by
Bryan Guy Kelsey
Bought by
Debryan Luz Maria Espinoza
Source: Public Records

Range of Values:

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Average Value
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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
Kamura Jason $601,000 First American Title
Kraemer Denise -- First American Title Co
Bywater Kraemer Denise -- None Available
Kraemer August $470,000 California Title Company
Bryan Guy Kelsey -- --
Debryan Luz Maria Espinoza -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kamura Jason $570,950
Previous Owner Kraemer Denise $156,608
Previous Owner Kraemer August $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2024 08/09/24 Sold $601,000 +1.0% $431 / Sq Ft
07/13/2024 07/13/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $595,000 -- $427 / 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 $3,378 $601,000 $180,300 $420,700
2023 $3,378 $296,670 $126,239 $170,431
2022 $3,302 $290,854 $123,764 $167,090
2021 $3,265 $285,152 $121,338 $163,814
2020 $3,241 $282,229 $120,094 $162,135
2019 $3,180 $276,696 $117,740 $158,956
2018 $3,119 $271,272 $115,433 $155,839
2017 $3,064 $265,954 $113,170 $152,784
2016 $2,869 $260,740 $110,951 $149,789
2015 $2,828 $256,826 $109,286 $147,540
2014 $2,801 $251,797 $107,147 $144,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV24138343

California Regional Multiple Listing Service (CRMLS)

APN: 253-162-007