NOT LISTED FOR SALE

Estimated Value: $938,000 - $1,029,000

3 Beds
2.5 Baths
2,560 Sq Ft
$388/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $579,000 $226 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,812/month

85 Days on Market

Highlights

  • View of Trees or Woods
  • Main Floor Bedroom
  • No HOA
  • Polytechnic High School Rated A-
  • Bonus Room
  • 2 Car Attached Garage

About This Home

As of June 2018

This single level ranch style home can be yours for an unbelievable price! The 3 bedroom 2.5 bathroom home is located in a beautiful area. The main house is over 2500 sq ft and sits on a flat 31,000+ sq ft lot. The kitchen cabinets offer plenty of space with granite countertops, stainless steel appliances and recessed lighting. There is textured ceilings throughout the house. The dual fireplace facing living room family room makes this home cozy and perfect for entertainment. The house has separate bonus room that can be converted into a game room, gym or bedroom! The Backyard offers a fully fenced, lighted tennis court, and a 600 sq ft workshop that can be converted into a guest house.

Last Agent to Sell the Property

Jimmy Kim

Circa Properties, Inc. License #01992028 Listed on: 03/05/2018

Circa Properties, Inc.

Last Buyer's Agent

TRICIA HORD

Tower Agency License #01955062

Tower Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,127

Year Built

  • Built in 1977

Lot Details

  • 0.72 Acre Lot
  • Back Yard
  • Property is zoned HR

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,560 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Bonus Room
  • Views of Woods

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 242
  • Tax Tract Number 231005
  • Assessor Parcel Number 242231005

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,127

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Cell
  • Other Phone Number: 714-357-5408
  • Property Attached: No
  • View: Yes
  • Zoning: HR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 242231005
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2560.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 226.17
  • Room Type: All Bedrooms Down, Bonus Room, Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom

Exterior Features

  • View: Trees/Woods
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 31363.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 306.01
  • Tax Lot: 242
  • Tax Tract Number: 231005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
Jun 4, 2018
Sold by
Rhee Sori Katie
Bought by
Formanack Michael D and Formanack Rosemary Mcdermott
Seller's Agent
Jimmy Kim
Circa Properties, Inc.
Buyer's Agent
TRICIA HORD
Tower Agency
List Price
$599,000
Sold Price
$579,000
Premium/Discount to List
-$20,000
-3.34%
Current Estimated Value
$952,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,908
Avg. Annual Appreciation
7.08%
Original Mortgage
$429,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2009
Sold by
Smith Barbara J
Bought by
Rhee Sori Katie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,750
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage
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
Formanack Michael D $579,000 First American Title Company
Rhee Sori Katie $397,000 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Formanack Michael D $457,000
Closed Formanack Michael D $30,000
Closed Formanack Michael D $445,000
Closed Formanack Michael D $429,000
Previous Owner Rhee Sori Katie $297,750
Previous Owner Smith Barbara J $99,990
Previous Owner Smith Barbara J $173,000
Previous Owner Smith Barbara J $173,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $579,000 0.0% $226 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
04/09/2018 04/09/18 Price Changed $579,000 -3.3% $226 / Sq Ft
02/20/2018 02/20/18 For Sale $599,000 -- $234 / 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 $7,127 $658,797 $170,671 $488,126
2023 $7,127 $633,217 $164,045 $469,172
2022 $6,965 $620,802 $160,829 $459,973
2021 $6,865 $608,630 $157,676 $450,954
2020 $6,813 $602,391 $156,060 $446,331
2019 $6,684 $590,580 $153,000 $437,580
2018 $5,103 $449,298 $101,852 $347,446
2017 $5,012 $440,489 $99,855 $340,634
2016 $4,689 $431,853 $97,898 $333,955
2015 $4,622 $425,369 $96,429 $328,940
2014 $4,580 $417,039 $94,541 $322,498
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18050900

California Regional Multiple Listing Service (CRMLS)

APN: 242-231-005