NOT LISTED FOR SALE

8515 Running Gait Ln Riverside, CA 92509

Pedley Neighborhood

Estimated Value: $773,238 - $843,000

4 Beds
2 Baths
2,149 Sq Ft
$374/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $519,000 $242 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,990/month

38 Days on Market

Highlights

  • Horse Property
  • RV Access or Parking
  • Updated Kitchen
  • Above Ground Spa
  • Panoramic View
  • 0.69 Acre Lot

About This Home

As of March 2020

Here is an opportunity to own a very large piece of horse property with a beautiful view. These properties don’t come available very often. The lot is 10,000 sq ft bigger than the others in this neighborhood. It is already horse property size and with the new laws passed in Riverside an additional dwelling unit would have plenty of room for its own driveway and plenty of privacy. The home offers four bedrooms two of which are extremely large, recently remodeled kitchen and bathrooms. New carpet throughout along with fresh paint throughout, water softener, solar panels that produce enough energy to receive money back every year.
The solar panels are leased and I have all of the information you will need for your lender. One of the leases only has 5 years left. All of this has been taken into consideration when pricing this home.

Last Agent to Sell the Property

Kristan Stacey-Graf

The Imagination Brokerage License #01873271 Listed on: 12/27/2019

Last Buyer's Agent

MADLEN MC GHEE

MM REAL ESTATE SERVICES INC License #00881019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,961

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 0.69 Acre Lot
  • Chain Link Fence
  • Front Yard Sprinklers
  • Property is zoned A-1

Parking

  • 2 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Turnkey
  • Slab Foundation

Interior Spaces

  • 2,149 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • French Doors
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Mirrored Closets Doors
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Above Ground Spa
  • Horse Property
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 20297
  • Assessor Parcel Number 166150051

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,961

Year Built

Built in 1986 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: A-1
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 166150051
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2149.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors, Mirror Closet Door(s)
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 241.51
  • Room Type: All Bedrooms Down, Entry, Family Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Separate Family Room
  • Spa Features: Private, Above Ground
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: City Lights, Mountain(s), Panoramic
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Concrete, Covered
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener, RV Access/Parking
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Water Heater, Microwave, Water Softener
  • Heating Type: Central, Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Horse Property, Lot 20000-39999 Sqft, Sprinklers In Front
  • Lot Size Sq Ft: 30056.00
  • Lot Size Acres: 0.6900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 30056.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 404.05
  • Tax Lot: 27
  • Tax Tract Number: 20297

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2019
Closed on
Feb 11, 2020
Sold by
Sheldon Richard O and Sheldon Terry L
Bought by
Navarrette Rudy and Navarrette Maria
Seller's Agent
Kristan Stacey-Graf
The Imagination Brokerage
Buyer's Agent
MADLEN MC GHEE
MM REAL ESTATE SERVICES INC
List Price
$519,000
Sold Price
$519,000
Total Days on Market
38
Current Estimated Value
$803,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,560
Avg. Annual Appreciation
8.54%
Original Mortgage
$415,200
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1996
Sold by
Sheldon Richard D and Sheldon Terry L
Bought by
Sheldon Richard D and Sheldon Terry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,800
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Navarrette Rudy $519,000 North American Title
Sheldon Richard D -- Gateway Title Company
Sheldon Richard D -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Navarrette Rudy $442,500
Closed Navarrette Rudy $415,200
Previous Owner Sheldon Richard D $65,000
Previous Owner Sheldon Richard D $372,964
Previous Owner Sheldon Richard D $372,825
Previous Owner Sheldon Richard D $376,915
Previous Owner Sheldon Richard D $156,000
Previous Owner Sheldon Richard D $25,350
Previous Owner Sheldon Richard D $359,650
Previous Owner Sheldon Richard D $243,000
Previous Owner Sheldon Richard D $100,000
Previous Owner Sheldon Richard D $239,820
Previous Owner Sheldon Richard D $192,000
Previous Owner Sheldon Richard D $24,000
Previous Owner Sheldon Richard D $15,250
Previous Owner Sheldon Richard D $50,000
Previous Owner Sheldon Richard D $154,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $519,000 0.0% $242 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
12/27/2019 12/27/19 For Sale $519,000 -- $242 / 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
2023 $5,961 $545,559 $115,628 $429,931
2022 $5,874 $534,862 $113,361 $421,501
2021 $5,896 $524,376 $111,139 $413,237
2020 $2,507 $228,273 $71,385 $156,888
2019 $2,457 $223,798 $69,986 $153,812
2018 $2,376 $219,411 $68,615 $150,796
2017 $2,351 $215,110 $67,270 $147,840
2016 $2,317 $210,893 $65,951 $144,942
2015 $2,285 $207,727 $64,961 $142,766
2014 $2,128 $203,660 $63,690 $139,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19263474

California Regional Multiple Listing Service (CRMLS)

APN: 166-150-051