NOT LISTED FOR SALE

8605 Janet Ave Riverside, CA 92503

Arlanza Neighborhood

Estimated Value: $617,466 - $1,195,000

3 Beds
2 Baths
2,050 Sq Ft
$474/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $800,000 $390 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,749/month

15 Days on Market

Highlights

  • Cul-De-Sac
  • No Heating
  • 1-Story Property
  • Laundry Room

About This Home

As of August 2019

Updated Tri-Plex with new roof, freshly painted inside and out all new carpeting and wood look flooring in baths and kitchen. These are well maintained units with new asphalt drive, lots of trees for shade and close to everything. Laundry on site, live in one an rent out the others!

Last Agent to Sell the Property

Brian Lopiccolo

Serv Corp License #01196054 Listed on: 05/16/2019

Co-Listed By

Chris Lopiccolo

Serv Corp License #01372568

Last Buyer's Agent

Brian Lopiccolo

Serv Corp License #01196054 Listed on: 05/16/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,421

Year Built

  • Built in 1945

Lot Details

  • 8,712 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac

Home Design

  • Property Attached

Interior Spaces

  • 2,050 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 33
  • Assessor Parcel Number 151111026

Community Details

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $100
  • Insurance Expense $75
  • Trash Expense $55
  • New Taxes Expense $400
  • Operating Expense $630
  • Gross Income $3,541
  • Net Operating Income $3,434

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,421

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: R3
  • Property Type: Residential Income
  • Gardener Expense: 100.00
  • Parcel Number: 151111026
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 390.24

Exterior Features

  • Pool Private: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 55.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 3540.50
  • Gross Scheduled Income: 3650.00
  • Insurance Expense: 75.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 3434.28
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 75.00
  • Operating Expense Percent: 3.00
  • Rent Control: No
  • Total Actual Rent: 3685.00
  • Total Expenses: 630.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 400.00
  • Tax Census Tract: 411.01
  • Tax Lot: 33
  • Tax Tract Number: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2019
Sold by
Vermilyea Karen
Bought by
Demisi Ameed
Current Estimated Value
$972,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2005
Sold by
Vermilyea Larry and Vermilyea Karen
Bought by
8605 Janet Trust

Purchase Details

Closed on
Dec 30, 1996
Sold by
Vermilyea and Karen
Bought by
Vermilyea Larry and Vermilyea Karen

Purchase Details

Closed on
Jun 13, 1995
Sold by
Federal National Mortgage Association
Bought by
Vermilyea Larry and Vermilyea Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,650
Interest Rate
7.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 15, 1994
Sold by
Florida Feliberto and Florida Myrna
Bought by
Federal National Mortgage Association
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
Demisi Ameed $400,000 Stewart Title
8605 Janet Trust -- --
Vermilyea Larry -- Ati Title Company
Vermilyea Larry $91,000 Commonwealth Land Title Co
Federal National Mortgage Association $110,427 United Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demisi Ameed $300,000
Previous Owner Vermilyea Larry $38,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Sold $800,000 0.0% $390 / Sq Ft
05/20/2019 05/20/19 Off Market $800,000 -- --
05/16/2019 05/16/19 For Sale $479,000 -- $234 / 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
2025 $5,421 $446,202 $83,661 $362,541
2023 $5,421 $428,877 $80,413 $348,464
2022 $5,020 $420,469 $78,837 $341,632
2021 $4,939 $412,226 $77,292 $334,934
2020 $4,860 $408,000 $76,500 $331,500
2019 $925 $68,476 $60,213 $8,263
2018 $913 $67,134 $59,033 $8,101
2017 $899 $65,819 $57,876 $7,943
2016 $886 $64,530 $56,742 $7,788
2015 $873 $63,563 $55,891 $7,672
2014 $869 $62,321 $54,798 $7,523
Source: Public Records

Agents Affiliated with this Home

  • Brian Lopiccolo

    Seller's Agent in 2019

    Brian Lopiccolo

    Serv Corp

    (951) 907-0360

    28 Total Sales

    Section Image

  • C

    Seller Co-Listing Agent in 2019

    Chris Lopiccolo

    Serv Corp

    (714) 758-5788

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW19115511

California Regional Multiple Listing Service (CRMLS)

APN: 151-111-026

California Riverside County Riverside 92503 Arlanza

8605 Janet Ave, Riverside, CA

This home is located at 8605 Janet Ave, Riverside, CA 92503 since 16 May 2019 and is currently estimated at $972,117, approximately $474 per square foot. This property was built in 1945. 8605 Janet Ave is a home located in Riverside County with nearby schools including Arlanza Elementary School, Wells Middle School, and Norte Vista 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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