NOT LISTED FOR SALE

8161 Wells Ave Riverside, CA 92503

Arlanza Neighborhood

Estimated Value: $535,000 - $576,000

4 Beds
2 Baths
1,350 Sq Ft
$414/Sq Ft Est. Value

Last Sold November 14, 2014

Last sale price $215,000 $159 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $3,181/month

127 Days on Market

Highlights

  • All Bedrooms Downstairs
  • 2 Car Attached Garage
  • Bungalow
  • No HOA
  • Concrete Porch or Patio
  • 5-minute walk to Bryant Park

About This Home

As of November 2014

Great La Sierra home, priced for first time buyer or the perfect rental!! This home has a good sized efficient kitchen, big bedrooms and an open, usable floor plan. You’ll love this back yard! Sit under the covered patio to BBQ and enjoy a cool beverage or watch the kids play in the open, fully fenced yard. This place even has a separate fenced area for the family dog. The home puts you close to schools, shopping and major freeways and a GREAT FAMILY PARK right around the corner. Stop reading this and pick up the phone to make an appointment to see it!!

Last Agent to Sell the Property

Todd Ridgeway

CENTURY 21 LOIS LAUER REALTY License #01176300 Listed on: 06/04/2014

CENTURY 21 LOIS LAUER REALTY

Last Buyer's Agent

Baldwin Pedraza

Baldwin Pedraza License #00888784

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 8,712 Sq Ft Lot
  • Chain Link Fence

Parking

  • 2 Car Attached Garage

Home Design

  • 1,350 Sq Ft Home
  • Bungalow
  • Fixer Upper
  • Slab Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Additional Features

  • Concrete Porch or Patio
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 603
  • Tax Tract Number 4204
  • Assessor Parcel Number 151252022

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Architectural Style: Bungalow
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 151252022
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1350.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Price Per Square Foot: 159.26
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8712.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 603
  • Tax Tract Number: 4204

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2014
Closed on
Oct 3, 2014
Sold by
Bustamante Marcos A and Bustamante Guadalupe
Bought by
Lopez David
Seller's Agent
Todd Ridgeway
CENTURY 21 LOIS LAUER REALTY
Buyer's Agent
Baldwin Pedraza
Baldwin Pedraza
List Price
$261,900
Sold Price
$215,000
Premium/Discount to List
-$46,900
-17.91%
Current Estimated Value
$558,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,477
Avg. Annual Appreciation
8.94%
Original Mortgage
$204,250
Outstanding Balance
$156,932
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$401,545

Purchase Details

Closed on
Oct 21, 2008
Sold by
Bustamante Maria Teresa
Bought by
Bustamante Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,006
Interest Rate
5.77%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 8, 2008
Sold by
Us Bank Na
Bought by
Bustamante Marcos A and Bustamante Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,006
Interest Rate
5.77%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 4, 2007
Sold by
Roque Roberto
Bought by
U S Bank Na

Purchase Details

Closed on
Nov 7, 2005
Sold by
Martinez John
Bought by
Roque Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2003
Sold by
J & K Equities Inc
Bought by
Martinez John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 2003
Sold by
Brady Michael and Brady Karen D
Bought by
J & K Equities Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,240
Interest Rate
5.83%
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
Lopez David $215,000 Lawyers Title
Bustamante Guadalupe -- None Available
Bustamante Marcos A $162,000 Falend
U S Bank Na $326,914 First American Title Company
Roque Roberto $780,000 Old Republic Title Co Riv
Martinez John -- Chicago Title Co
J & K Equities Inc $150,300 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez David $204,250
Previous Owner Bustamante Marcos A $159,006
Previous Owner Roque Roberto $312,000
Previous Owner Martinez John $148,000
Previous Owner J & K Equities Inc $120,240
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2014 11/14/14 Sold $215,000 -12.2% $159 / Sq Ft
10/09/2014 10/09/14 Pending -- -- --
08/09/2014 08/09/14 Price Changed $245,000 -6.5% $181 / Sq Ft
06/04/2014 06/04/14 For Sale $261,900 -- $194 / 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 $3,133 $258,387 $78,116 $180,271
2023 $3,133 $248,356 $75,084 $173,272
2022 $2,900 $243,487 $73,612 $169,875
2021 $2,861 $238,714 $72,169 $166,545
2020 $2,816 $236,267 $71,429 $164,838
2019 $2,779 $231,635 $70,029 $161,606
2018 $2,741 $227,094 $68,656 $158,438
2017 $2,691 $222,642 $67,310 $155,332
2016 $2,647 $218,278 $65,991 $152,287
2015 $2,608 $215,000 $65,000 $150,000
2014 $2,111 $170,067 $89,288 $80,779
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Todd Ridgeway

    CENTURY 21 LOIS LAUER REALTY

    Section Image

  • B

    Buyer's Agent in 2014

    Baldwin Pedraza

    Baldwin Pedraza

    (714) 420-7701

    1 in this area

    21 Total Sales

    Baldwin Pedraza
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV14116606

California Regional Multiple Listing Service (CRMLS)

APN: 151-252-022

California Riverside County Riverside 92503 Arlanza

8161 Wells Ave, Riverside, CA

Not Listed for Sale

Detached

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