NOT LISTED FOR SALE

8551 Melosa Way Riverside, CA 92504

Presidential Park Neighborhood

Estimated Value: $594,815 - $627,000

4 Beds
2.5 Baths
1,843 Sq Ft
$329/Sq Ft Est. Value

Last Sold January 23, 2017

Last sale price $310,000 $168 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,866/month

34 Days on Market

Highlights

  • In Ground Pool
  • Family Room
  • 5-minute walk to Don Derr Park
  • Central Heating and Cooling System

About This Home

As of January 2017

Newly remodeled and located in a gated community, this 4 bed, 3 1/2 bath move in ready home offers a bright and open floor-plan. Offering a great location near the community pool/spa, BBQ area, and pool/spa area. This charming home features a front porch as well as newly landscaped front and backyard. The open kitchen is perfect for everyday living and offers direct access to your backyard. All bedrooms are upstairs and this home is move in ready.

Last Listed By

Paul Daftarian

Luxe Real Estate License #01317949 Listed on: 11/02/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,843

Year Built

  • Built in 2000

Lot Details

  • 2,614 Sq Ft Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,843 Sq Ft Home
  • 2-Story Property
  • Family Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2739
  • Tax Tract Number 37
  • Assessor Parcel Number 231290044

Community Details

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,843

Year Built

Built in 2000

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 231290044
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1843.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 168.20
  • Room Type: All Bedrooms Up, Family Room

Exterior Features

  • Pool Features: Association, In Ground
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 150.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2614.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 317.04
  • Tax Lot: 2739
  • Tax Tract Number: 37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2016
Closed on
Jan 12, 2017
Sold by
Bacily Nena
Bought by
Zuniga Lorena C
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Albert Dela Cruz
CASAMERICA REALTORS, INC.
List Price
$319,000
Sold Price
$310,000
Premium/Discount to List
-$9,000
-2.82%
Total Days on Market
34
Current Estimated Value
$606,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,704
Avg. Annual Appreciation
8.43%

Purchase Details

Closed on
Dec 2, 2008
Sold by
Novastar Mortgage Inc
Bought by
Bacily George and Bacily Nena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2008
Sold by
Manansala Rene S and Manansala Chrystallet T
Bought by
Novastar Mortgage Inc

Purchase Details

Closed on
Aug 3, 2005
Sold by
Kim Albert H and Kim Melissa E
Bought by
Manansala Rene S and Manansala Chrystallet T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2002
Sold by
Kim Hong S
Bought by
Kim Albert H and Kim Melissa E

Purchase Details

Closed on
May 17, 2002
Sold by
Kim Chun Hee
Bought by
Kim Hong S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,875
Interest Rate
6.83%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 2, 2002
Sold by
Florek Anthony C and Florek Charity A
Bought by
Kim Hong S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,875
Interest Rate
6.83%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 15, 2000
Sold by
Riverside Bernard Street Builders
Bought by
Florek Anthony C and Florek Charity A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,436
Interest Rate
7.89%
Mortgage Type
VA

Range of Values:

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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
Zuniga Lorena C $310,000 Chicago Title Company
Bacily George $185,000 Orange Coast Title Company
Novastar Mortgage Inc $83,979 United Title Company
Manansala Rene S $385,000 United Title Company
Kim Albert H -- --
Kim Hong S -- Chicago Title
Kim Hong S $178,000 Chicago Title
Florek Anthony C $161,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zuniga Lorena C $60,000
Open Zuniga Lorena C $153,000
Closed Zuniga Lorena C $50,000
Previous Owner Bacily George $138,750
Previous Owner Manansala Rene S $308,000
Previous Owner Kim Hong S $166,875
Previous Owner Florek Anthony C $164,436
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2017 01/23/17 Sold $310,000 -2.8% $168 / Sq Ft
11/02/2016 11/02/16 For Sale $319,000 -- $173 / 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 $3,843 $345,807 $78,085 $267,722
2022 $3,753 $339,027 $76,554 $262,473
2021 $3,707 $332,380 $75,053 $257,327
2020 $5,638 $328,973 $74,284 $254,689
2019 $3,608 $322,524 $72,828 $249,696
2018 $3,537 $316,200 $71,400 $244,800
2017 $2,377 $205,261 $88,761 $116,500
2016 $2,227 $201,237 $87,021 $114,216
2015 $2,195 $198,216 $85,715 $112,501
2014 $2,174 $194,336 $84,037 $110,299
Source: Public Records

Agents Affiliated with this Home

  • Paul Daftarian

    Seller's Agent in 2017

    Paul Daftarian

    Luxe Real Estate

    (714) 865-5969

    245 Total Sales

    Paul Daftarian
    Section Image
  • Lili Daftarian

    Seller Co-Listing Agent in 2017

    Lili Daftarian

    Luxe Real Estate

    (949) 929-9462

    1 Total Sale

    Lili Daftarian
    Section Image

  • A

    Buyer's Agent in 2017

    Albert Dela Cruz

    CASAMERICA REALTORS, INC.

    (714) 500-2028

    16 Total Sales

    Albert Dela Cruz
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16740459

California Regional Multiple Listing Service (CRMLS)

APN: 231-290-044

California Riverside County Riverside 92504 Presidential Park

8551 Melosa Way, Riverside, CA

Homes for Sale in Riverside, CA

This home is located at 8551 Melosa Way, Riverside, CA 92504 since 02 November 2016 and is currently estimated at $606,704, approximately $329 per square foot. This property was built in 2000. 8551 Melosa Way 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.

California Regional Multiple Listing Service (CRMLS) 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

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