NOT LISTED FOR SALE

Estimated Value: $545,000 - $597,431

3 Beds
1 Bath
627 Sq Ft
$917/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $550,000 $877 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,640/month

37 Days on Market

Highlights

  • Parking available for a boat
  • Main Floor Bedroom
  • No HOA
  • 0.42 Acre Lot
  • Private Yard
  • Covered Patio or Porch

About This Home

As of December 2023

This property, located in a prime spot on Indiana Blvd, features a sizable flat usable land that spans 0.42 acres. Additionally, there are two vacant lots, each measuring 0.14 acres, bringing the total land size to 0.70 acres. Observing the surrounding area highlights the potential of this location, as it's surrounded by numerous commercial businesses. Tenants currently reside on the property on a month-to-month basis; please refrain from disturbing them. The seller aims to find an investor interested in purchasing both this property and an adjacent one also on the market. The neighboring property, located at 8656 Indiana Ave, Riverside, has a listed price of $575,000 with LISTING ID: IV23171268. The seller's intention is to execute a 1031 exchange and prefers to sell all properties together, combining for a total of 1.35 acres across four lots. The sale will be "as is", with a preference for cash offers.

Last Agent to Sell the Property

Rupi Azrot

OFFERCITY HOMES License #02050423 Listed on: 09/13/2023

Last Buyer's Agent

Yair Vargas Gomez

eXp Realty of Southern Ca, Inc License #02062437

eXp Realty of Southern Ca, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,085

Year Built

  • Built in 1927

Lot Details

  • 0.42 Acre Lot
  • Chain Link Fence
  • Private Yard
  • Density is up to 1 Unit/Acre
  • 231171015,231171014

Parking

  • 1 Car Garage
  • Parking Available
  • Gravel Driveway
  • Uncovered Parking
  • Parking available for a boat
  • RV Access or Parking

Home Design

  • Raised Foundation

Interior Spaces

  • 627 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Converted Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 317
  • Assessor Parcel Number 231171007
  • $66 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,085

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 231171007
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 627.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 1
  • Entry Location: front
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 877.19
  • Room Type: Converted Bedroom, Kitchen, Main Floor Bedroom
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s), Main Floor Full Bath

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Spa: No
  • Construction Materials: Unknown

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Boat, Driveway, Gravel, RV Access/Parking, Uncovered
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Disposal
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 231171015,231171014
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Yard
  • Lot Size Sq Ft: 18295.00
  • Lot Size Acres: 0.4200
  • Latitude Manual: 33.92286200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18295.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 317.04
  • Tax Lot: 4
  • Tax Tract Number: 317.04
  • TaxOtherAnnualAssessmentAmount: 66.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Oct 20, 2023
Sold by
Indiana Riverside Llc
Bought by
Romero Amara Jazlynn
Seller's Agent
Rupi Azrot
OFFERCITY HOMES
Buyer's Agent
Yair Vargas Gomez
eXp Realty of Southern Ca, Inc
List Price
$600,000
Sold Price
$550,000
Premium/Discount to List
-$50,000
-8.33%
Views
98
Current Estimated Value
$575,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,108
Avg. Annual Appreciation
-0.40%
Original Mortgage
$540,038
Outstanding Balance
$531,295
Interest Rate
7.63%
Mortgage Type
FHA
Estimated Equity
$14,919

Purchase Details

Closed on
Nov 18, 2008
Sold by
Sidhu Suneet
Bought by
Jhawar Satwant

Purchase Details

Closed on
Nov 13, 2008
Sold by
Tabello Hani and Tabello Fares
Bought by
Indiana Riverside Llc

Purchase Details

Closed on
Aug 8, 2002
Sold by
Tabello Melissa
Bought by
Tabello Hani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.99%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 25, 1999
Sold by
Blount Howard J and Blount Anita L
Bought by
Blount Howard J and Blount Anita L
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
Romero Amara Jazlynn $550,000 Usa National Title
Jhawar Satwant -- None Available
Indiana Riverside Llc -- None Available
Tabello Hani -- First American Title Co
Tabello Hani $245,000 First American Title Ins Co
Blount Howard J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Amara Jazlynn $540,038
Previous Owner Tabello Hani $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Sold $550,000 -8.3% $877 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
09/13/2023 09/13/23 For Sale $600,000 -- $957 / 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 $6,085 $560,999 $168,301 $392,698
2023 $6,085 $125,258 $69,588 $55,670
2022 $1,432 $122,803 $68,224 $54,579
2021 $1,428 $120,396 $66,887 $53,509
2020 $1,417 $119,163 $66,202 $52,961
2019 $1,391 $116,827 $64,904 $51,923
2018 $1,365 $114,537 $63,632 $50,905
2017 $1,342 $112,292 $62,385 $49,907
2016 $1,259 $110,091 $61,162 $48,929
2015 $1,241 $108,440 $60,245 $48,195
2014 $1,229 $106,317 $59,066 $47,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23171673

California Regional Multiple Listing Service (CRMLS)

APN: 231-171-007