RENTED FEB 28, 2025

8123 Branding Iron Ln Riverside, CA 92508

Mission Grove Neighborhood

Estimated Value: $847,000 - $914,000

1 Bed
1 Bath
700 Sq Ft
$1,256/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $780,000 $1,114 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,470/month

Highlights

  • No HOA
  • Covered Patio or Porch
  • Cooling System Mounted To A Wall/Window
  • John F. Kennedy Elementary School Rated A-
  • Solar owned by seller
  • Laundry Room

About This Home

As of February 2025

Discover this fully self-contained attached ADU, perfect for a single individual seeking comfort and convenience. Featuring 1 spacious bedroom, 1 full bath, a cozy living room, and indoor laundry, this unit offers everything you need. Enjoy the privacy of a separate side entrance and the convenience of an exclusive 1-car driveway parking spot. All utilities are included in the lease, providing hassle-free living. Don't miss this opportunity

Last Agent to Rent the Property

JASON SPARKS

Tower Agency Brokerage Phone: 951-850-5163 License #01309681 Listed on: 01/27/2025

Last Renter's Agent

JASON SPARKS

Tower Agency Brokerage Phone: 951-850-5163 License #01309681 Listed on: 01/27/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,938

Year Built

  • Built in 2001

Lot Details

  • 9,148 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • High Efficiency Heating System

Additional Features

  • Solar owned by seller
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $1,900
  • Rent includes all utilities, cable TV, electricity, gardener, gas, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 2/1/25
  • Tax Lot 9
  • Tax Tract Number 28828
  • Assessor Parcel Number 276331009
  • Seller Considering Concessions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,938

Year Built

Built in 2001

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2025-02-01
  • Credit Check Paid By: Tenant
  • Deposit Security: 1900
  • Furnished: Partially
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Duplex
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 276331009
  • Year Built: 2001
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 700.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.57
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Spa: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: Photovoltaics Seller Owned
  • Heating Type: Central, High Efficiency
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 9148.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: All Utilities, Cable TV, Electricity, Gardener, Gas, Sewer, Trash Collection, Water

Tax Info

  • Tax Census Tract: 420.12
  • Tax Lot: 9
  • Tax Tract Number: 28828

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Sep 21, 2021
Sold by
Carlson Daniel and Carlson Cheryl
Bought by
Sparks Jason
Seller's Agent
Jessica Munz
WESTCOE REALTORS INC
Buyer's Agent
JASON SPARKS
Tower Agency
List Price
$729,900
Sold Price
$780,000
Premium/Discount to List
$50,100
6.86%
Current Estimated Value
$878,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,899
Avg. Annual Appreciation
2.97%
Original Mortgage
$780,000
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Nov 3, 2020
Sold by
Carlson and Cheryl
Bought by
Carlson Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2019
Sold by
Carlson Daniel and Carlson Cheryi
Bought by
Carlson Daniel and Carlson Cheryi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2018
Sold by
Carlson Daniel and Carlson Cheryl
Bought by
Carlson Daniel and Carlson Cheryl

Purchase Details

Closed on
May 4, 2010
Sold by
Oliva Maurice L
Bought by
Carlson Daniel and Carlson Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,204
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 17, 2007
Sold by
Oliva Ramona N
Bought by
Oliva Maurice L

Purchase Details

Closed on
Jul 27, 2005
Sold by
Hensley Steven Marshall and Ngo Sharra Hoan
Bought by
Oliva Ii Maurice L and Oliva Ramona N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
5.87%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 30, 2004
Sold by
Ngo Sharra
Bought by
Hensley Steven Marshall and Ngo Sharra Hoan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2001
Sold by
Centex Homes
Bought by
Ngo Sharra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.39%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sparks Jason $780,000 Ticor Title Company Of Ca
Carlson Revocable Living Trust -- Rosenberg Lpa
Carlson Daniel -- None Listed On Document
Carlson Daniel -- Amrock Inc
Carlson Daniel -- Amrock Inc
Carlson Daniel -- None Available
Carlson Daniel $320,000 Chicago Title
Oliva Maurice L -- United Title Company
Oliva Ii Maurice L $570,000 Investors Title Company
Hensley Steven Marshall -- --
Ngo Sharra $550,000 Benefit Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sparks Jason $780,000
Previous Owner Carlson Revocable Living Trust $314,500
Previous Owner Carlson Daniel $315,000
Previous Owner Carlson Daniel $314,204
Previous Owner Oliva Ii Maurice L $456,000
Previous Owner Hensley Steven Marshall $290,000
Previous Owner Ngo Sharra $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2025 02/28/25 Rented $1,800 0.0% --
02/15/2025 02/15/25 Price Changed $1,800 -5.3% $3 / Sq Ft
01/27/2025 01/27/25 For Rent $1,900 -42.4% --
10/31/2022 10/31/22 Rented $3,300 0.0% --
10/27/2022 10/27/22 Under Contract -- -- --
10/27/2022 10/27/22 Price Changed $3,300 -5.7% $1 / Sq Ft
10/23/2022 10/23/22 Price Changed $3,500 -2.6% $1 / Sq Ft
10/19/2022 10/19/22 Price Changed $3,595 -2.8% $1 / Sq Ft
10/05/2022 10/05/22 For Rent $3,700 0.0% --
10/28/2021 10/28/21 Sold $780,000 0.0% $237 / Sq Ft View Prior Sale
09/22/2021 09/22/21 Pending -- -- --
09/20/2021 09/20/21 Off Market $780,000 -- --
09/15/2021 09/15/21 For Sale $729,900 -- $222 / 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 $9,938 $827,741 $106,120 $721,621
2023 $9,938 $795,600 $102,000 $693,600
2022 $9,754 $780,000 $100,000 $680,000
2021 $5,806 $429,327 $95,396 $333,931
2020 $5,769 $424,925 $94,418 $330,507
2019 $5,668 $416,594 $92,567 $324,027
2018 $5,497 $401,416 $90,752 $310,664
2017 $5,426 $393,546 $88,973 $304,573
2016 $5,141 $385,830 $87,229 $298,601
2015 $5,082 $380,037 $85,920 $294,117
2014 $5,055 $372,594 $84,238 $288,356
Source: Public Records

Agents Affiliated with this Home

  • JASON SPARKS

    Landlord's Agent in 2025

    JASON SPARKS

    Tower Agency

    (951) 850-5163

    9 in this area

    169 Total Sales

    JASON SPARKS
    Section Image
  • Jessica Munz

    Seller's Agent in 2021

    Jessica Munz

    WESTCOE REALTORS INC

    (731) 845-9434

    1 in this area

    21 Total Sales

    Jessica Munz
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV25017719

California Regional Multiple Listing Service (CRMLS)

APN: 276-331-009

California Riverside County Riverside 92508 Mission Grove

8123 Branding Iron Ln, Riverside, CA

Not Listed for Sale

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