NOT LISTED FOR SALE

7638 Magnolia Ave Riverside, CA 92504

Ramona Neighborhood

Estimated Value: $541,000 - $653,000

3 Beds
1 Bath
1,070 Sq Ft
$534/Sq Ft Est. Value

Last Sold August 16, 2013

Last sale price $200,000 $187 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $3,331/month

26 Days on Market

Highlights

  • All Bedrooms Downstairs
  • 1 Car Attached Garage
  • Cooling Available
  • No HOA
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of August 2013

*****BACK ON MARKET & PRICE REDUCED***** Centrally located. Walking distance to Ramona HS, California Baptist University, 91Fwy and all major shoppings. Completely renovated interior with new paint, carpet, ceiling fans, etc. Exterior paint and roof approximately 2yrs old. Nice palm trees in front, situated in almost a quarter acre huge lot. Plenty of room to build another house, room addition or swimming pool. one-car attached garage. The backyard has an opening for RV entrance from the backyard on a different street. House also has a ductless heat and air unit that is about 1yr old (agent has the control for unit to work). $500 CREDIT TO BUYER FOR NEW STOVE. Listing broker has an ownership interest in subject property. Buyer to verify all information to be true and correct. Seller's choice of services. No showing until after 6/24/2013.
**********Motivated Sellers. Will look at all offers**********

Last Agent to Sell the Property

FRANCES WONG

ADOBE R.E. INVESTMENT Listed on: 07/17/2013

Last Buyer's Agent

Alba Diaz

Stone House Realty License #01181352

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,697

Year Built

  • Built in 1948

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Block Foundation

Interior Spaces

  • 1,070 Sq Ft Home
  • Carpet
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Cooling Available
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7638
  • Assessor Parcel Number 230043002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,697

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 230043002
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1070.00
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 186.92
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Block
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10019.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 7638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2013
Closed on
Jul 29, 2013
Sold by
Prosperity Resources
Bought by
Arcos Oralia B
Seller's Agent
FRANCES WONG
ADOBE R.E. INVESTMENT
Buyer's Agent
Alba Diaz
Stone House Realty
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$571,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,124
Avg. Annual Appreciation
9.10%
Original Mortgage
$196,377
Interest Rate
4.28%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 22, 2010
Sold by
Schlusselberg Martin and Wong Frances
Bought by
Prosperity Resources

Purchase Details

Closed on
Sep 17, 2008
Sold by
Us Bank Na
Bought by
Schlusselberg Martin and Wong Frances

Purchase Details

Closed on
Jun 25, 2008
Sold by
Carrasco Faviola
Bought by
U S Bank Na

Purchase Details

Closed on
May 17, 2006
Sold by
Carrasco Faviola
Bought by
Carrasco Faviola and Guzman Maynor A Garcia

Purchase Details

Closed on
Feb 3, 2006
Sold by
Joe Alex Tzonghao
Bought by
Carrasco Faviola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2005
Sold by
Valcu Marian D and Valcu Vasilica
Bought by
Joe Alex Tzonghao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 22, 2003
Sold by
Savoie Scott Lee and Savoie Mary Kathryn
Bought by
Valcu Marian D and Valcu Vasilica

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
5.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Arcos Oralia B $200,000 Ticor Title Riverside
Prosperity Resources -- None Available
Schlusselberg Martin $130,000 None Available
U S Bank Na $129,625 Landsafe Title
Carrasco Faviola -- None Available
Carrasco Faviola $355,000 Fidelity National Title Co
Joe Alex Tzonghao $315,000 First American Title Company
Valcu Marian D $150,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arcos Oralia $236,000
Closed Arcos Oralia B $190,500
Closed Arcos Oralia B $196,377
Previous Owner Carrasco Faviola $284,000
Previous Owner Joe Alex Tzonghao $252,000
Previous Owner Valcu Marian D $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2013 08/16/13 Sold $200,000 0.0% $187 / Sq Ft
07/17/2013 07/17/13 For Sale $200,000 0.0% $187 / Sq Ft
07/16/2013 07/16/13 Off Market $200,000 -- --
07/16/2013 07/16/13 Pending -- -- --
07/15/2013 07/15/13 For Sale $200,000 0.0% $187 / Sq Ft
07/14/2013 07/14/13 Off Market $200,000 -- --
07/09/2013 07/09/13 Price Changed $200,000 -7.0% $187 / Sq Ft
06/30/2013 06/30/13 Price Changed $215,000 -2.3% $201 / Sq Ft
06/20/2013 06/20/13 For Sale $220,000 -- $206 / 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 $2,697 $245,160 $85,803 $159,357
2023 $2,697 $235,642 $82,472 $153,170
2022 $2,636 $231,022 $80,855 $150,167
2021 $2,611 $226,493 $79,270 $147,223
2020 $2,591 $224,172 $78,458 $145,714
2019 $2,543 $219,777 $76,920 $142,857
2018 $2,494 $215,468 $75,412 $140,056
2017 $2,451 $211,244 $73,934 $137,310
2016 $2,296 $207,103 $72,485 $134,618
2015 $2,263 $203,995 $71,398 $132,597
2014 $2,241 $200,000 $70,000 $130,000
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2013

    FRANCES WONG

    ADOBE R.E. INVESTMENT

    Section Image

  • A

    Buyer's Agent in 2013

    Alba Diaz

    Stone House Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13118182

California Regional Multiple Listing Service (CRMLS)

APN: 230-043-002

California Riverside County Riverside 92504 Ramona

7638 Magnolia Ave, Riverside, CA

This home is located at 7638 Magnolia Ave, Riverside, CA 92504 since 17 July 2013 and is currently estimated at $571,124, approximately $533 per square foot. This property was built in 1948. 7638 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.

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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