8480 Mimosa Tree Ct Riverside, CA 92504
Presidential Park Neighborhood
4
Beds
2
Baths
1,471
Sq Ft
7,405
Sq Ft Lot
Highlights
- RV Access or Parking
- Updated Kitchen
- Lawn
- Primary Bedroom Suite
- Open Floorplan
- No HOA
About This Home
As of October 2024Former model home that has been highly upgraded and meticulously maintained. Tasteful updates throughout. Remodeled kitchen with newer countertops, appliances, and plenty of storage. Remodeled bathrooms with updated hardware and beautiful tile work. Popular floorplan with vaulted ceilings, gleaming wood floors, living room with fireplace, separate family room, formal dining room. Large primary suite with direct access to the park like rear yard. Mature trees, thoughtful landscape design including loquat, fig, nectarine, guava, and avocado trees. Covered patios off the kitchen and primary suite make ideal spaces for year-round entertaining. Fourth bedroom with built-in bookshelves currently used as home office. Fantastic curb appeal on this home that is tucked away on a quiet cul-de-sac. RV parking and extra wide driveway. Just a short distance to historic Victoria Avenue and picturesque Arlington Heights Sports Park. Award winning schools and multiple shopping options nearby.
Last Agent to Sell the Property
Tower Agency Brokerage Phone: 951-640-7469 License #01247818 Listed on: 09/27/2024
Last Buyer's Agent
Sandra Pinela
Redfin Corporation License #02002429
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,932
Year Built
- Built in 1989
Lot Details
- 7,405 Sq Ft Lot
- Sprinkler System
- Lawn
- Land Lease
Parking
- 2 Car Attached Garage
- Parking Available
- Front Facing Garage
- RV Access or Parking
Home Design
- Turnkey
Interior Spaces
- 1,471 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Family Room with Fireplace
- Neighborhood Views
Kitchen
- Updated Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven
- Gas Range
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Primary Bedroom Suite
- Remodeled Bathroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Location
- Suburban Location
Utilities
- Central Heating and Cooling System
- Private Water Source
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 48
- Tax Tract Number 23320
- Assessor Parcel Number 231281048
- $66 per year additional tax assessments
- Seller Considering Concessions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2024
Closed on
Oct 15, 2024
Sold by
Hector And Zulema Living Trust and Isola Zulema I
Bought by
Garcia Irma and Pena Juan
Seller's Agent
James Monks
Tower Agency
Buyer's Agent
Sandra Pinela
Redfin Corporation
List Price
$725,000
Sold Price
$725,000
Total Days on Market
10
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,336
Avg. Annual Appreciation
-1.48%
Original Mortgage
$475,000
Outstanding Balance
$472,234
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$246,430
Purchase Details
Closed on
May 31, 2005
Sold by
Isola Hector A and Isola Zulema I
Bought by
Isola Hector A and Isola Zulema I
Purchase Details
Closed on
Jan 1, 2001
Sold by
Mcbain Daniel R and Mcbain Claudia
Bought by
Isola Hector A and Isola Zulema I
Purchase Details
Closed on
Feb 26, 1999
Sold by
Widyolar Kithi and Widyolar Phetsany S
Bought by
Mcbain Daniel R and Mcbain Claudia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.7%
Mortgage Type
Seller Take Back
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $725,000 | Ticor Title | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | $120,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $475,000 | New Conventional | |
| Previous Owner | $600,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $95,000 | Credit Line Revolving | |
| Previous Owner | $336,000 | Negative Amortization | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $203,250 | Unknown | |
| Previous Owner | $110,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/28/2024 10/28/24 | Sold | $725,000 | 0.0% | $493 / Sq Ft |
| 10/07/2024 10/07/24 | Pending | -- | -- | -- |
| 09/27/2024 09/27/24 | For Sale | $725,000 | -- | $493 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $1,932 | $174,007 | $52,725 | $121,282 |
| 2022 | $1,886 | $170,596 | $51,692 | $118,904 |
| 2021 | $1,872 | $167,252 | $50,679 | $116,573 |
| 2020 | $1,857 | $165,538 | $50,160 | $115,378 |
| 2019 | $1,822 | $162,293 | $49,177 | $113,116 |
| 2018 | $1,786 | $159,112 | $48,213 | $110,899 |
| 2017 | $1,753 | $155,993 | $47,268 | $108,725 |
| 2016 | $1,642 | $152,936 | $46,342 | $106,594 |
| 2015 | $1,617 | $150,641 | $45,647 | $104,994 |
| 2014 | $1,600 | $147,692 | $44,753 | $102,939 |
Source: Public Records
Agents Affiliated with this Home
-
James Monks
Seller's Agent in 2024
James Monks
Tower Agency
(951) 640-7469
1 in this area
187 Total Sales
-
S
Buyer's Agent in 2024
Sandra Pinela
Redfin Corporation
(562) 417-1947
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV24200766
APN: 231-281-048
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