8542 Melosa Way Riverside, CA 92504
Presidential Park NeighborhoodEstimated Value: $570,967 - $593,000
3
Beds
2.5
Baths
1,360
Sq Ft
$428/Sq Ft
Est. Value
Highlights
- Gated Community
- Property is near public transit
- Front Porch
- Mountain View
- Lawn
- 5-minute walk to Don Derr Park
About This Home
As of June 2018Welcome to Village Parks! This quaint little community is centrally located in Riverside with easy access to the freeway, and in close proximity to Cal Baptist University, Arlington High, Chemawa Middle, and Hawthorne El. Village Parks offers both privacy and security behind it's gates, as well as a spacious community park/playground, and several grassy areas for kids and pets to play. This spacious floorplan welcomes you with cool gray tones and new wood laminate flooring downstairs in the living room, dining room, up the staircase, and in the upstairs hall. Downstairs also offers a large guest bathroom, a huge walk-in coat closet great for storage, indoor washer/dryer, and a light and airy kitchen overlooking the backyard. Upstairs you'll find plenty of additional space with 2 secondary Bedrooms, a hall bath, and a beautiful master suite and master bath. The master bedroom includes both a walk in closet, as well as a wardrobe closet. The oversized backyard is perfect for kids and pets to run around and play, offers a 10 x 14 storage shed for additional storage space, and has no rear neighbors! This excellent property is also located in a designated Quiet Zone for trains, so there are no loud horns blowing. The home is equipped with an automatic fire sprinkler system which keeps your homeowners insurance costs low, and the low HOA fee includes your water and trash! Come see this amazing unit in person TODAY before it's GONE!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,272
Year Built
- Built in 2000
Lot Details
- 4,356 Sq Ft Lot
- Level Lot
- Front and Back Yard Sprinklers
- Lawn
HOA Fees
- $150 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Home Design
- Interior Block Wall
Interior Spaces
- 1,360 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Living Room
- Dining Room
- Storage
- Laundry Room
- Mountain Views
- Fire Sprinkler System
Kitchen
- Breakfast Bar
- Tile Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Walk-In Closet
Outdoor Features
- Patio
- Exterior Lighting
- Front Porch
Additional Features
- Property is near public transit
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 21
- Tax Tract Number 27392
- Assessor Parcel Number 231290024
Community Details
Overview
- Balboa Association, Phone Number (714) 279-2821
- Maintained Community
Amenities
- Picnic Area
Recreation
- Community Playground
Security
- Controlled Access
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2018
Closed on
Jun 26, 2018
Sold by
Lai Gordon Alan and Banks Lai Victoria L
Bought by
Sandoval Roberto
Seller's Agent
Lacy Williams
Williams & Co. Real Estate
Buyer's Agent
Lacy Williams
Williams & Co. Real Estate
List Price
$344,900
Sold Price
$345,000
Premium/Discount to List
$100
0.03%
Total Days on Market
6
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
$236,992
Avg. Annual Appreciation
7.75%
Original Mortgage
$338,751
Interest Rate
4.87%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 13, 2002
Sold by
Banks Lai Victoria L and Perry Doris L
Bought by
Lai Gordon Alan and Banks Lai Victoria L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,950
Interest Rate
6.43%
Purchase Details
Closed on
Sep 7, 2000
Sold by
Perry Billy Joe
Bought by
Perry Doris L
Purchase Details
Closed on
Sep 1, 2000
Sold by
Butts John L and Butts Barbara K
Bought by
Cathey Oliver and Cathey Wanda
Purchase Details
Closed on
Aug 25, 2000
Sold by
Lai Gordon Alan
Bought by
Banks Lai Victoria L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
8.07%
Purchase Details
Closed on
Jun 26, 2000
Sold by
Riverside Bernard Street Builders Ltd
Bought by
Banks Lai Victoria L and Perry Doris L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
8.07%
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
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sandoval Roberto | $345,000 | Ticor Title Company | |
| Lai Gordon Alan | -- | Bridgespan Title Company | |
| Perry Doris L | -- | First American Title Co | |
| Cathey Oliver | $225,000 | First American Title Co | |
| Banks Lai Victoria L | -- | First American Title Co | |
| Banks Lai Victoria L | $132,500 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sandoval Roberto | $333,374 | |
| Closed | Sandoval Roberto | $342,000 | |
| Closed | Sandoval Roberto | $338,751 | |
| Previous Owner | Lai Gordon Alan | $212,500 | |
| Previous Owner | Lai Gordon Alan | $88,000 | |
| Previous Owner | Lai Gordon Alan | $62,000 | |
| Previous Owner | Lai Gordon Alan | $40,000 | |
| Previous Owner | Lai Gordon Alan | $180,317 | |
| Previous Owner | Lai Gordon Alan | $148,950 | |
| Previous Owner | Banks Lai Victoria L | $125,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2018 06/28/18 | Sold | $345,000 | 0.0% | $254 / Sq Ft |
| 05/15/2018 05/15/18 | Pending | -- | -- | -- |
| 05/09/2018 05/09/18 | For Sale | $344,900 | -- | $254 / 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 | $4,272 | $377,306 | $98,427 | $278,879 |
| 2022 | $4,176 | $369,909 | $96,498 | $273,411 |
| 2021 | $4,124 | $362,656 | $94,606 | $268,050 |
| 2020 | $4,093 | $358,938 | $93,636 | $265,302 |
| 2019 | $4,016 | $351,900 | $91,800 | $260,100 |
| 2018 | $2,154 | $192,530 | $48,623 | $143,907 |
| 2017 | $2,131 | $188,756 | $47,670 | $141,086 |
| 2016 | $2,055 | $185,056 | $46,736 | $138,320 |
| 2015 | $2,025 | $182,279 | $46,035 | $136,244 |
| 2014 | $2,006 | $178,710 | $45,134 | $133,576 |
Source: Public Records
Agents Affiliated with this Home
-
Lacy Williams
Seller's Agent in 2018
Lacy Williams
Williams & Co. Real Estate
(951) 634-4433
119 Total Sales
-
Robbi Posson
R
Seller Co-Listing Agent in 2018
Robbi Posson
Williams & Co. Real Estate
(951) 303-3000
12 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW18101321
APN: 231-290-024
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.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 2934 Coralberry Dr
- 3393 Vance St
- 3279 Garons Ln
- 8786 Gael Ln
- 8864 Haskell St
- 8895 Marlene St
- 2972 Quebec Dr
- 3199 Bexfield Ct
- 8960 Indiana Ave
- 8311 Victoria Ave
- 2826 Irving St
- 3641 Adams St
- 8197 Helena Ave
- 3182 Lakemont Ln
- 3188 Lakemont Ln
- 3192 Lakemont Ln
- 3196 Lakemont Ln
- 3195 Lakemont Ln
- 3191 Lakemont Ln
- 3187 Lakemont Ln
- 8542 Melosa Way
- 8550 Melosa Way
- 8534 Melosa Way
- 8558 Melosa Way
- 8526 Melosa Way
- 8541 Melosa Way
- 8533 Melosa Way
- 8551 Melosa Way
- 8559 Melosa Way
- 8566 Melosa Way
- 8517 Colusa Ct
- 8542 Paloma Way
- 8534 Paloma Way
- 8550 Paloma Way
- 8576 Melosa Way
- 8558 Paloma Way
- 8526 Paloma Way
- 8509 Colusa Ct
- 8518 Fayette Ct
- 8567 Melosa Way