NOT LISTED FOR SALE

8501 Colusa Ct Riverside, CA 92504

Presidential Park Neighborhood

Estimated Value: $596,474 - $634,000

4 Beds
3 Baths
1,730 Sq Ft
$355/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $485,000 $280 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,951/month

About This Home

As of March 2021

Turnkey Two Story Home in the desirable Village Parks Gated Community. Amazingly-Designed floor plan that reflects pride of ownership. Home has inviting wrap-around covered porch and view of park like green belt. Newly remodeled with new paint, new recess lighting and flooring. Entry has large living room with, window coverings and a door leading to private patio. Elegant remodeled kitchen, new paint, cabinets, granite counter tops, backsplash with stainless steel appliances. Upstairs you will find Large Master Suites with new carpet, new paint, ceiling fan and upgraded full bathroom. In addition you will find 3 additional bedrooms and a third remodeled bathroom. Convenient upstairs laundry room and linen cabinets. This home features two out door spaces, one fully gated side yard with expansive Alumawood covered patio and stamped concrete, firepit, custom retaining wall fully landscaped, perfect for entertaining. The second gated space is perfect for a patio sitting area. This is an end unit with more privacy, 2 car garage and 2 additional parking spaces. The community is pet friendly, has a playground with well maintained, tree lined walkways. Centrally located near Cal Baptist University, shopping, restaurants and 91fwy. This home is perfect and ready for the perfect buyers!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2021
Sold by
Jorgensen Kevin J and Jorgensen Martha
Bought by
Jorgensen Kevin and Jorgensen Martha E
Current Estimated Value
$614,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Outstanding Balance
$334,104
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$280,265

Purchase Details

Listed on
Mar 3, 2021
Closed on
Mar 12, 2021
Sold by
Osborne Mandi Karmae
Bought by
Jorgensen Kevin and Jorgensen Martha E
Seller's Agent
Norma Covarrubias
KW The Lakes
Buyer's Agent
Norma Covarrubias
KW The Lakes
List Price
$450,000
Sold Price
$485,000
Premium/Discount to List
$35,000
7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%

Purchase Details

Closed on
Sep 28, 2020
Sold by
Osborne Jamin Asher and Osborne Mandi Karmae
Bought by
Osborne Mandi Karmae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,171
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 2014
Sold by
Yao Wen Qing and Zhu Bing Bing
Bought by
Osborne Jamin Asher and Osborne Mandi Karmae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,499
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 2011
Sold by
Federal National Mortgage Association
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Apr 18, 2011
Sold by
Jpmorgan Chase Bank Na
Bought by
Yao Wei Qing and Yao Bing Bing Zhu

Purchase Details

Closed on
Aug 24, 2010
Sold by
Santiago Anselmo
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Mar 1, 2006
Sold by
Lewis Evelyn Greenwood
Bought by
Santiago Anselmo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,400
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2005
Sold by
Lewis David Samuel
Bought by
Lewis Evelyn Greenwood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2003
Sold by
Lewis David S
Bought by
Greenwood Lewis Evelyn J

Purchase Details

Closed on
May 4, 2001
Sold by
Riverside Bernard Street Builders
Bought by
Lewis David S and Lewis Evelyn Greenwood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,158
Interest Rate
7.15%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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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
Jorgensen Kevin -- North American Title
Jorgensen Kevin J -- North American Title
Jorgensen Kevin $485,000 Lawyers Title
Osborne Mandi Karmae -- None Available
Osborne Jamin Asher $265,000 Orange Coast Title Company
Jpmorgan Chase Bank Na $164,000 Ticor Title Company Of Ca
Yao Wei Qing $164,000 Ticor Title Company Of Ca
Federal National Mortgage Association $442,884 Accommodation
Santiago Anselmo $408,000 Fidelity National Title
Lewis Evelyn Greenwood -- Old Republic Title Company
Lewis Evelyn Greenwood -- Old Republic Title Company
Greenwood Lewis Evelyn J -- --
Lewis David S $154,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jorgensen Kevin J $363,750
Previous Owner Osborne Mandi Karmae $268,171
Previous Owner Osborne Jamin Asher $285,810
Previous Owner Osborne Jamin Asher $286,929
Previous Owner Osborne Jamin Asher $285,499
Previous Owner Santiago Anselmo $372,000
Previous Owner Santiago Anselmo $68,000
Previous Owner Santiago Anselmo $326,400
Previous Owner Lewis Evelyn Greenwood $296,000
Previous Owner Lewis Evelyn Greenwood $255,000
Previous Owner Lewis Evelyn Greenwood $192,000
Previous Owner Greenwood Lewis Evelyn $400
Previous Owner Lewis David S $152,158
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $485,000 0.0% $280 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/09/2021 03/09/21 Off Market $485,000 -- --
03/04/2021 03/04/21 For Sale $450,000 -7.2% $260 / Sq Ft
03/03/2021 03/03/21 Off Market $485,000 -- --
03/03/2021 03/03/21 For Sale $450,000 +69.8% $260 / Sq Ft
01/13/2015 01/13/15 Sold $265,000 0.0% $153 / Sq Ft
10/19/2014 10/19/14 Pending -- -- --
10/17/2014 10/17/14 For Sale $265,000 -- $153 / Sq Ft

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 $5,693 $524,978 $97,418 $427,560
2023 $5,693 $504,594 $93,636 $410,958
2022 $5,564 $494,700 $91,800 $402,900
2021 $3,361 $294,229 $77,718 $216,511
2020 $3,336 $291,213 $76,922 $214,291
2019 $3,273 $285,504 $75,414 $210,090
2018 $3,210 $279,907 $73,937 $205,970
2017 $3,153 $274,420 $72,488 $201,932
2016 $2,952 $269,040 $71,067 $197,973
2015 $1,945 $174,820 $53,298 $121,522
2014 $1,927 $171,398 $52,255 $119,143
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Norma Covarrubias

    KW The Lakes

    (951) 271-3000

    1 in this area

    42 Total Sales

    Norma Covarrubias
    Section Image

  • J

    Seller's Agent in 2015

    Jean Navarro

    Keller Williams Realty

    Section Image
  • Ashley Aguilera

    Buyer's Agent in 2015

    Ashley Aguilera

    Ennoble Realty

    (951) 375-1531

    121 Total Sales

    Ashley Aguilera
    Section Image
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Map

California Riverside County Riverside 92504 Presidential Park

8501 Colusa Ct, Riverside, CA

This home is located at 8501 Colusa Ct, Riverside, CA 92504 and is currently estimated at $614,369, approximately $355 per square foot. 8501 Colusa Ct is a home located in Riverside County with nearby schools including Hawthorne Elementary School, Chemawa Middle School, and Arlington High School.

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.

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