NOT LISTED FOR SALE

Estimated Value: $394,000 - $951,000

0.49 Acre
$1,342,747 Price per Acre
21,344 Sq Ft Lot

Last Sold April 12, 2024

Last sale price $350,000

Est. 88% increase in value since last sale

Current estimated payment $3,533/month

159 Days on Market

Highlights

  • View of Hills
  • Private Yard
  • Foothills
  • Polytechnic High School Rated A-
  • Cul-De-Sac
  • Wrought Iron Fence

About This Lot

As of April 2024

ALESSANDRO HEIGHTS- FEATHERSTONE ESTATES- FULLY IMPROVED CUSTOM HOMESITE- LOT 4 Ready to built custom homesite located on a private cul-de-sac of just 9 homes in one of Riverside's most coveted neighborhoods. Rare opportunity to design and build your own home with all utilities already to the site including electric, water, sewer, cable TV, telephone and natural gas.

Last Agent to Sell the Property

Brad Alewine

COMPASS Brokerage Phone: 951-347-8832 License #01104973 Listed on: 09/29/2023

COMPASS

Last Buyer's Agent

RAMON TORRES

Ramon Torres License #01231685

Ramon Torres

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $544

Lot Details

  • 0.49 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Wrought Iron Fence
  • Block Wall Fence
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Irregular Lot
  • Private Yard
  • Density is 2-5 Units/Acre
  • Property is zoned R-1-13000

Home Design

  • Planned Development

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Additional Features

  • Views of Hills
  • Suburban Location

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 34881
  • Assessor Parcel Number 242170040
  • $40 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association
  • Featherstone Association
  • Foothills

Recreation

  • Exterior Lighting
  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$544

Lot Details

0

Listing Details

  • Possible Use Comments: Fully Improved custom homesite
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R-1-13000
  • Property Type: Land
  • Parcel Number: 242170040
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 16.40

Exterior Features

  • View: Hills
  • Fencing: Block, Wrought Iron

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: Electricity - On Property
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 100.00
  • Association Name: Featherstone
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Foothills, Gutters, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corners Marked, Cul-De-Sac, Level with Street, Lot 20000-39999 Sqft, Irregular Lot, Level, Walkstreet, Yard
  • Lot Size Sq Ft: 21344.00
  • Lot Size Acres: 0.4900

Multi Family

  • Lot Size Area: 21344.0000 Square Feet

Tax Info

  • Tax Census Tract: 306.04
  • Tax Lot: 4
  • Tax Tract Number: 34881
  • TaxOtherAnnualAssessmentAmount: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Mar 15, 2024
Sold by
Featherstone Development Llc
Bought by
Yousif Mohammed Al Mala and Hazim Farah Imad
Seller's Agent
Brad Alewine
COMPASS
Buyer's Agent
RAMON TORRES
Ramon Torres
List Price
$365,000
Sold Price
$350,000
Premium/Discount to List
-$15,000
-4.11%
Views
96
Current Estimated Value
$657,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,946
Avg. Annual Appreciation
54.08%
Original Mortgage
$246,000
Outstanding Balance
$242,780
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$415,166
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
Yousif Mohammed Al Mala $350,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yousif Mohammed Al Mala $246,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2024 04/12/24 Sold $350,000 -4.1% --
03/06/2024 03/06/24 Pending -- -- --
09/29/2023 09/29/23 For Sale $365,000 -- --
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 $544 $357,000 $357,000 --
2023 $544 $45,148 $45,148 $0
2022 $532 $44,263 $44,263 $0
2021 $543 $43,396 $43,396 $0
2020 $539 $42,952 $42,952 $0
2019 $530 $42,110 $42,110 $0
2018 $520 $41,285 $41,285 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23180137

California Regional Multiple Listing Service (CRMLS)

APN: 242-170-040