NOT LISTED FOR SALE

851 Prescott Way Unit C Riverside, CA 92507

University Neighborhood

Estimated Value: $380,000 - $1,235,000

2 Beds
1 Bath
750 Sq Ft
$1,234/Sq Ft Est. Value

Highlights

  • View of Hills
  • Main Floor Bedroom
  • No HOA
  • Property is near public transit
  • Private Yard
  • Eat-In Kitchen

About This Home

As of April 2023

Upgraded 2-bedroom, 1-bath apartment of a single-story fourplex on cul-de-sac street in a convenient location. Spacious living room and kitchen with dining area. Upgraded with tile floor, granite counters in the kitchen/bathroom, and fresh paint. A coin-operated on-site laundry is provided. 1-car garage space for storage. Close to shopping, parks, schools with easy freeway access. The rent includes gardener and trash.

Last Agent to Rent the Property

Yoshiko Proulx

Landmark Property Management License #01852635 Listed on: 03/02/2023

Last Renter's Agent

Yoshiko Proulx

Landmark Property Management License #01852635 Listed on: 03/02/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,796

Year Built

  • Built in 1964

Lot Details

  • 9,583 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard
  • Front Yard

Parking

  • 1 Car Garage

Property Views

  • Hills
  • Neighborhood

Home Design

  • Apartment

Interior Spaces

  • 750 Sq Ft Home
  • Living Room
  • Tile Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Security Deposit $2,195
  • Rent includes gardener, trash collection
  • 12-Month Minimum Lease Term
  • Available 3/3/23
  • Tax Lot 5
  • Tax Tract Number 2609
  • Assessor Parcel Number 251060004

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $500
  • Breed Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,796

Year Built

Built in 1964

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit
  • Available Date: 2023-03-03
  • Credit Check: Yes
  • Credit Check Paid By: Owner
  • Deposit Pets: 500
  • Deposit Security: 2195
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call, Number Limit, Size Limit
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 251060004
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 750.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, In Kitchen
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.26
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • View: Hills, Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: Front Yard, Lot 6500-9999, Near Public Transit, Yard
  • Lot Size Sq Ft: 9583.00
  • Lot Size Acres: 0.2200
  • Latitude Manual: 33.98546500

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 9583.0000 Square Feet
  • Management Co: Landmark Property Management
  • Management Co Phone: 951-371-6700
  • Number Of Units In Community: 4
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Trash Collection

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 2609

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2020
Sold by
Muck Jason and Muck K A J P A
Bought by
Muck J P and Vsj Family Trust
Current Estimated Value
$925,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,000
Outstanding Balance
$339,292
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$585,944

Purchase Details

Closed on
Apr 7, 2018
Sold by
Muck Jason
Bought by
Muck Jp

Purchase Details

Closed on
Aug 11, 2017
Sold by
Rengert Therese M
Bought by
Muck Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 2017
Sold by
Rengert Therese M
Bought by
Rengert Therese M

Purchase Details

Closed on
Dec 26, 2013
Sold by
Rengert Theresa M and Christian Julie
Bought by
Rengert Therese M

Purchase Details

Closed on
Jul 12, 2013
Sold by
Rengert Therese M and Rengert Therese
Bought by
Rengert Therese M and Christian Julie

Purchase Details

Closed on
Jul 19, 2005
Sold by
Sturk Zachary David
Bought by
Rengert Therese

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
5.21%
Mortgage Type
Negative Amortization
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
Muck J P -- Fidelity National Title Co
Muck Jp -- None Available
Muck Jason $625,000 First American Title Company
Rengert Therese M -- First American Title
Rengert Therese M -- First American Title
Rengert Therese M -- First American Title
Rengert Therese M -- None Available
Rengert Therese $495,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muck J P $383,000
Previous Owner Muck Jason $385,000
Previous Owner Rengert Therese $396,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2023 04/14/23 Rented $1,695 0.0% --
04/13/2023 04/13/23 Under Contract -- -- --
03/28/2023 03/28/23 Price Changed $1,695 -4.2% $2 / Sq Ft
03/02/2023 03/02/23 For Rent $1,770 0.0% --
02/22/2023 02/22/23 Rented $1,770 0.0% --
02/15/2023 02/15/23 Under Contract -- -- --
11/21/2022 11/21/22 Price Changed $1,770 +1.4% $2 / Sq Ft
11/04/2022 11/04/22 For Rent $1,745 0.0% --
10/21/2022 10/21/22 Off Market $1,745 -- --
10/03/2022 10/03/22 For Rent $1,745 +26.0% --
08/11/2020 08/11/20 Rented $1,385 0.0% --
08/10/2020 08/10/20 Under Contract -- -- --
07/24/2020 07/24/20 Price Changed $1,385 -2.8% $2 / Sq Ft
06/04/2020 06/04/20 For Rent $1,425 -- --
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 $7,796 $711,139 $256,009 $455,130
2023 $7,796 $683,526 $246,069 $437,457
2022 $7,617 $670,125 $241,245 $428,880
2021 $7,508 $656,986 $236,515 $420,471
2020 $7,452 $650,250 $234,090 $416,160
2019 $7,313 $637,500 $229,500 $408,000
2018 $7,175 $625,000 $225,000 $400,000
2017 $5,561 $374,851 $151,043 $223,808
2016 $4,186 $374,851 $151,043 $223,808
2015 $3,996 $357,000 $143,850 $213,150
2014 $3,849 $240,000 $82,000 $158,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG23035357

California Regional Multiple Listing Service (CRMLS)

APN: 251-060-004