NOT LISTED FOR SALE

Estimated Value: $602,000 - $620,000

4 Beds
2 Baths
1,377 Sq Ft
$444/Sq Ft Est. Value

About This Home

This home is located at 8483 Colorado Ave, Riverside, CA 92504 and is currently estimated at $610,878, approximately $443 per square foot. 8483 Colorado Ave is a home located in Riverside County with nearby schools including Adams Elementary School, Sierra Middle School, and Ramona High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2025
Sold by
Cornejo Lopez Arturo and Cornejo Refugio Maria
Bought by
Cornejo Paredes Family Revocable Trust and Lopez
Current Estimated Value
$615,319

Purchase Details

Closed on
Jul 28, 2011
Sold by
Mission Property Partners Llc
Bought by
Lopez Arturo Cornejo and Cornejo Maria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,930
Interest Rate
4.46%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 2011
Sold by
Musgrave Lee A and Musgrave Cynthia A
Bought by
Mission Property Partners

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,930
Interest Rate
4.46%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 1994
Sold by
Mayco Development Co Inc
Bought by
Musgrave Lee A and Musgrave Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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

Date Buyer Sale Price Title Company
Cornejo Paredes Family Revocable Trust -- None Listed On Document
Lopez Arturo Cornejo $200,000 Fidelity National Title Comp
Mission Property Partners $140,749 None Available
Musgrave Lee A $140,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Arturo Cornejo $191,000
Previous Owner Lopez Arturo Cornejo $194,930
Previous Owner Musgrave Lee A $162,478
Previous Owner Musgrave Lee A $144,468
Previous Owner Musgrave Lee A $70,000
Previous Owner Musgrave Lee A $233,553
Previous Owner Musgrave Lee A $226,807
Previous Owner Musgrave Lee A $184,209
Previous Owner Musgrave Lee A $24,582
Previous Owner Musgrave Lee A $8,422
Previous Owner Musgrave Lee A $130,000
Source: Public Records

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 $2,846 $266,221 $75,355 $190,866
2023 $2,846 $255,885 $72,430 $183,455
2022 $2,779 $250,868 $71,010 $179,858
2021 $2,750 $245,950 $69,618 $176,332
2020 $2,728 $243,429 $68,905 $174,524
2019 $2,676 $238,656 $67,554 $171,102
2018 $2,623 $233,978 $66,231 $167,747
2017 $2,576 $229,391 $64,933 $164,458
2016 $2,411 $224,894 $63,660 $161,234
2015 $2,375 $221,517 $62,704 $158,813
2014 $2,427 $217,180 $61,477 $155,703
Source: Public Records

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