NOT LISTED FOR SALE

8175 Philbin Ave Riverside, CA 92503

Arlanza Neighborhood

Estimated Value: $707,000 - $1,196,000

8 Beds
4 Baths
2,787 Sq Ft
$331/Sq Ft Est. Value

Sale Details

Date Sold: January 8, 2021

Last sale price $675,000 $242 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,708 / mo

About This Home

As of January 2021

SOLD BEFORE PROCESSING.

Last Agent to Sell the Property

Joseph Orozco Jr.

Keller Williams Realty License #01305877 Listed on: 12/19/2020

Keller Williams Realty

Last Buyer's Agent

Joseph Orozco Jr.

Keller Williams Realty License #01305877 Listed on: 12/19/2020

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 9,148 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard

Parking

  • 4 Car Garage

Home Design

  • 2,787 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 147
  • Assessor Parcel Number 151171025

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Trash Expense $1,440
  • Water Sewer Expense $1,800
  • New Taxes Expense $7,830
  • Operating Expense $12,470
  • Gross Income $43,560
  • Net Operating Income $31,090

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

9,148 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 4.60
  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 151171025
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 242.20

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1440.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Multi Family

  • Gross Income: 43560.00
  • Gross Multiplier: 15.49
  • Gross Scheduled Income: 43560.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 9148.0000 Square Feet
  • Net Operating Income: 31090.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 12470.00
  • Rent Control: Yes
  • Total Expenses: 12470.00

Tax Info

  • New Taxes Expense: 7830.00
  • Tax Lot: 147

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2020
Sold by
Bought by
Current Estimated Value
$921,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2013
Closed on
Aug 1, 2013
Sold by
Bought by
Seller's Agent
Gladys Lamping
Seaside Homes Inc.
Buyer's Agent
MICHAEL BOAB
DLD Partners, Inc.
List Price
$425,000
Sold Price
$382,000
Premium/Discount to List
-$43,000
-10.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%

Purchase Details

Closed on
Dec 21, 2012
Sold by
Bought by

Purchase Details

Closed on
Mar 30, 2012
Sold by
Bought by

Purchase Details

Closed on
Jan 18, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 8, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 22, 2007
Sold by
Bought by

Purchase Details

Closed on
Sep 3, 2007
Sold by
Bought by

Purchase Details

Closed on
Mar 13, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 6, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 13, 2001
Sold by
Bought by

Purchase Details

Closed on
Sep 17, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,400
Interest Rate
7.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 1993
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
7.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 1993
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$675,000 Corinthian Title
$382,000 Title 365
-- None Available
-- Stewart Title Of California
$190,000 None Available
-- Fidelity National Title Co
-- Accommodation
-- Accommodation
-- Lawyers Title Co
$700,000 Lawyers Title Co
$290,000 Fidelity National Title Ins
$157,952 American Title
$258,000 Investors Title Company
$655,000 North American Title Co
$500,000 Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $506,250
Previous Owner $500,000
Previous Owner $232,000
Previous Owner $206,400
Previous Owner $524,000
Closed $25,800
Closed $29,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2021 01/08/21 Sold $675,000 0.0% $242 / Sq Ft
12/19/2020 12/19/20 Pending -- -- --
12/19/2020 12/19/20 For Sale $675,000 +76.7% $242 / Sq Ft
09/03/2013 09/03/13 Sold $382,000 -10.1% $137 / Sq Ft View Prior Sale
08/11/2013 08/11/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $425,000 -- $152 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,847 $730,639 $119,066 $611,573
2023 $8,847 $702,270 $114,444 $587,826
2022 $8,191 $688,500 $112,200 $576,300
2021 $5,214 $432,405 $92,656 $339,749
2020 $5,132 $427,972 $91,706 $336,266
2019 $5,066 $419,581 $89,908 $329,673
2018 $4,997 $411,355 $88,146 $323,209
2017 $4,906 $403,290 $86,418 $316,872
2016 $4,827 $395,383 $84,724 $310,659
2015 $4,756 $389,446 $83,452 $305,994
2014 $4,740 $381,818 $81,818 $300,000
Source: Public Records

Agents Affiliated with this Home

  • Joseph Orozco Jr.

    Seller's Agent in 2021

    Joseph Orozco Jr.

    Keller Williams Realty

    (949) 485-9427

    22 Total Sales

    Joseph Orozco Jr.
    Section Image

  • G

    Seller's Agent in 2013

    Gladys Lamping

    Seaside Homes Inc.

    Section Image

  • M

    Buyer's Agent in 2013

    MICHAEL BOAB

    DLD Partners, Inc.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG20260261

California Regional Multiple Listing Service (CRMLS)

APN: 151-171-025

California Riverside County Riverside 92503 Arlanza

8175 Philbin Ave, Riverside, CA

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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