NOT LISTED FOR SALE

Estimated Value: $606,377 - $951,000

3 Beds
1 Bath
950 Sq Ft
$790/Sq Ft Est. Value

Last Sold October 27, 2016

Last sale price $351,500 $370 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $4,449/month

50 Days on Market

Highlights

  • 3.62 Acre Lot
  • Recessed Lighting
  • Tile Flooring
  • Living Room
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of October 2016

Completely remodeled duplex in Riverside can be yours! Live in the front house and rent the back unit, or it'll make a great home for the in-laws. Both units have fresh paint inside and out, carpet and tile, quartz counter tops in each kitchen, and new fixtures. The front house also has wood laminate flooring through the living areas, stainless steel dishwasher and micro/hood and a voucher for a new stove to be issued at COE. The bathroom has quartz vanity top, updated lighting and beveled subway tub surround. Central air and heat, garage, laundry hook ups, auto sprinkler system with water wise landscaping in front, covered patio, and lots of room for RV and trailer parking. Backs to the riverbed with lush trees offering plenty of privacy. This rare opportunity to own 3.62 acres in Riverside won’t last long!

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 06/30/2016

Last Buyer's Agent

Letty Dooley

EXP REALTY OF CALIFORNIA INC License #01300685

EXP REALTY OF CALIFORNIA INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,388

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 3.62 Acre Lot
  • No Common Walls
  • Chain Link Fence
  • Front Yard Sprinklers
  • Back and Front Yard

Parking

  • 1 Car Garage
  • Parking Available
  • RV Potential

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 950 Sq Ft Home
  • Recessed Lighting
  • Living Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 131
  • Assessor Parcel Number 165040002

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $1,800
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,388

Year Built

Built in 1957 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Number: 866-640-3040
  • Property Attached: No
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 165040002
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 370.00
  • Room Type: Living Room

Exterior Features

  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, RV Potential
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Outside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinklers In Front
  • Lot Size Sq Ft: 157687.00
  • Price Per Lot Square Foot: 2.28
  • Lot Size Acres: 3.6200

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 1800.00
  • Gross Scheduled Income: 21600.00
  • Lot Size Area: 157687.0000 Square Feet
  • Net Operating Income: 21600.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 131

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2016
Closed on
Sep 13, 2016
Sold by
Niseko Real Estate 2015 Llc
Bought by
Jimenez Oracio and Jimenez Juan J
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Letty Dooley
EXP REALTY OF CALIFORNIA INC
List Price
$379,900
Sold Price
$351,500
Premium/Discount to List
-$28,400
-7.48%
Current Estimated Value
$750,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,344
Avg. Annual Appreciation
8.95%
Original Mortgage
$337,501
Outstanding Balance
$271,636
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$479,208

Purchase Details

Closed on
Mar 18, 2016
Sold by
Breckenridge Property Fund 2015 Llc
Bought by
Niseko Real Estate 2015 Llc

Purchase Details

Closed on
Feb 11, 2016
Sold by
Balderson Tammy H
Bought by
Breckenridge Property Fund 2015 Llc

Purchase Details

Closed on
Feb 9, 2016
Sold by
Joyce Randy
Bought by
Balderson Tammy H

Purchase Details

Closed on
Apr 3, 2007
Sold by
Balderson Tammy H
Bought by
Balderson Tammy H

Purchase Details

Closed on
Dec 16, 2004
Sold by
Leonardo Bessie Mae
Bought by
Leonardo Bessie Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 31, 1994
Sold by
Balderson Forrest R
Bought by
Balderson Jonell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
8.53%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 1994
Sold by
Keen Maurine Jane
Bought by
Leonardo Bessie Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
8.53%
Mortgage Type
Commercial
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
Jimenez Oracio $351,500 Arista National Title
Niseko Real Estate 2015 Llc -- Accommodation
Breckenridge Property Fund 2015 Llc $2,150,000 Title365 Company
Balderson Tammy H -- Title365 Company
Balderson Tammy H -- None Available
Leonardo Bessie Mae -- None Available
Balderson Jonell -- Fidelity National Title
Leonardo Joseph Gordon -- Fidelity National Title
Leonardo Bessie Mae -- Fidelity National Title
Leonardo Bessie Mae -- Fidelity National Title
Leonardo Bessie Mae -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Oracio $337,501
Previous Owner Balderson Tammy H $119,602
Previous Owner Leonardo Bessie Mae $130,000
Previous Owner Leonardo Bessie Mae $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2016 10/27/16 Sold $351,500 -2.3% $370 / Sq Ft
08/19/2016 08/19/16 Pending -- -- --
08/02/2016 08/02/16 Price Changed $359,900 -5.3% $379 / Sq Ft
06/30/2016 06/30/16 For Sale $379,900 -- $400 / 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 $4,388 $407,938 $150,870 $257,068
2023 $4,388 $392,099 $145,012 $247,087
2022 $4,315 $384,412 $142,169 $242,243
2021 $4,285 $376,876 $139,382 $237,494
2020 $4,247 $373,012 $137,953 $235,059
2019 $4,150 $365,699 $135,249 $230,450
2018 $4,017 $358,530 $132,600 $225,930
2017 $3,976 $351,500 $130,000 $221,500
2016 $5,106 $450,000 $200,000 $250,000
2015 $5,113 $450,000 $200,000 $250,000
2014 $3,961 $366,000 $200,000 $166,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16141723

California Regional Multiple Listing Service (CRMLS)

APN: 165-040-002