NOT LISTED FOR SALE

Estimated Value: $554,000 - $689,000

4 Beds
2 Baths
1,980 Sq Ft
$309/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $212,000 $107 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $3,589/month

5 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating
  • Wood Siding

About This Home

As of October 2012

INVESTOR'S DELIGHT! An ideal rental property in a great location. This attached duplex, both units with 2 bedrooms and 1 bath, comes with one unit already rented with long term tenants who want to stay! No worrying about cash flow here. This property is located on a quiet col-de-sac in Riverside that tenants love to live on. Both units have separate extremely large back yards, attached one car garages, tiled main room and kitchen, carpeted bedrooms, and newer air conditioning units. Tenants will fall for the large kitchen complete with dishwashers. Simple landscaping combined with a well maintained property equals minimal upkeep and expenses for any investor. Don't miss this opportunity. This is a standard sale...so no waiting for answers.

Last Agent to Sell the Property

Greg Kamin

Sun Tag Properties License #01173655 Listed on: 08/31/2012

Last Buyer's Agent

Patricia Morris

Century 21 Masters License #01790465

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,189

Year Built

  • Built in 1976

Lot Details

  • 0.27

Parking

  • 4 Parking Spaces

Home Design

  • 1,980 Sq Ft Home
  • Contemporary Architecture
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 0.27 Acre Lot
  • Central Heating

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 76221
  • Assessor Parcel Number 155381002

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $1,975
  • Net Operating Income $23,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,189

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 10.31
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 155381002
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 107.07

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 11761.00
  • Lot Size Acres: 0.2700

Multi Family

  • Gross Income: 1975.00
  • Gross Multiplier: 9.70
  • Gross Scheduled Income: 23700.00
  • Lot Size Area: 11761.0000 Square Feet
  • Net Operating Income: 23700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 9010
  • Tax Lot: 2
  • Tax Tract Number: 76221

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2025
Sold by
Taylor Robert C and Taylor Margarita H
Bought by
Taylor Family Living Trust and Taylor
Current Estimated Value
$611,000

Purchase Details

Listed on
Aug 31, 2012
Closed on
Sep 25, 2012
Sold by
Tesoro Rancho Investments Llc
Bought by
Taylor Robert C and Taylor Margarita H
Seller's Agent
Greg Kamin
Sun Tag Properties
Buyer's Agent
Patricia Morris
Century 21 Masters
List Price
$229,900
Sold Price
$212,000
Premium/Discount to List
-$17,900
-7.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$142,500
Interest Rate
3.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2012
Sold by
Alvarez Rene
Bought by
Tesoro Rancho Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
3.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 1999
Sold by
Delasancha Monica
Bought by
Alvarez Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,950
Interest Rate
6.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 1998
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
May 27, 1998
Sold by
Jimenez Armando
Bought by
Homeside Lending Inc and Bancboston Mtg Corp

Purchase Details

Closed on
Nov 25, 1997
Sold by
Duran Alma Trinidad
Bought by
Duran Alma Trinidad and Jimenez Carlos

Purchase Details

Closed on
May 15, 1997
Sold by
Jimenez Armando
Bought by
Duran Alma Trinidad

Purchase Details

Closed on
Sep 27, 1996
Sold by
Venegas Ricardo and Venegas Alfonso
Bought by
Jimenez Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,352
Interest Rate
8.1%
Mortgage Type
FHA
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
Taylor Family Living Trust -- None Listed On Document
Taylor Robert C $212,000 Ticor Title
Tesoro Rancho Investments Llc $175,300 Ticor Title Company
Alvarez Rene -- Stewart Title Company
Alvarez Rene $91,500 Stewart Title Company
Hud -- First Southwestern Title Co
Homeside Lending Inc $150,692 First Southwestern Title Co
Duran Alma Trinidad -- --
Duran Alma Trinidad -- --
Jimenez Armando $135,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor Robert C $200,000
Previous Owner Taylor Robert C $142,500
Previous Owner Alvarez Rene $70,000
Previous Owner Alvarez Rene $294,400
Previous Owner Alvarez Rene $81,950
Previous Owner Jimenez Armando $133,352
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2012 10/19/12 Sold $212,000 -7.8% $107 / Sq Ft
09/05/2012 09/05/12 Pending -- -- --
08/31/2012 08/31/12 For Sale $229,900 -- $116 / 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 $3,189 $261,049 $73,878 $187,171
2023 $3,189 $250,913 $71,010 $179,903
2022 $2,954 $245,994 $69,618 $176,376
2021 $2,914 $241,171 $68,253 $172,918
2020 $2,868 $238,699 $67,554 $171,145
2019 $2,831 $234,020 $66,230 $167,790
2018 $2,792 $229,432 $64,932 $164,500
2017 $2,742 $224,934 $63,659 $161,275
2016 $2,698 $220,524 $62,411 $158,113
2015 $2,658 $217,214 $61,475 $155,739
2014 $2,650 $212,962 $60,272 $152,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P833635

California Regional Multiple Listing Service (CRMLS)

APN: 155-381-002