NOT LISTED FOR SALE

9311 Sage Ave Riverside, CA 92503

Arlington Neighborhood

Estimated Value: $678,000 - $779,000

2 Beds
1 Bath
2,032 Sq Ft
$357/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $470,000 $231 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,435/month

51 Days on Market

Highlights

  • Laundry Room
  • Central Heating
  • 1-Story Property

About This Home

As of October 2019

Located in a highly desired cul-de-sac neighborhood, these multi-family units are ready for move in! Each unit features 2 large bedrooms, 1 newly renovated bath with dual sink vanity, spacious living area and updated dine-in kitchen with plenty of cabinet and counter space and stainless steel appliances. Each unit has a laundry nook inside and their own 1 car detached garage with automatic opener. Freshly painted inside and out with new carpeting, central AC and LED lighting throughout. Each unit has separate gas and electric meters with a shared water. The front unit has a spacious front yard and the rear unit has a patio cover and rear yard, both yards have fruit trees and automatic sprinklers with plenty of room to entertain. You don't want to miss the opportunity to make this your new investment today!

Last Agent to Sell the Property

John Balsz

King Realty Group Inc License #01331827 Listed on: 07/18/2019

Last Buyer's Agent

Angela Ayles

TOP PRODUCERS REALTY PARTNERS License #02082710

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,580

Year Built

  • Built in 1975

Lot Details

  • 9,148 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,032 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Central Heating
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 45 / 12
  • Tax Tract Number 316
  • Assessor Parcel Number 191272005

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,580

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: R2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 191272005
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 231.30

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Multi Family

  • Lot Size Area: 9148.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 12
  • Tax Census Tract: 316.02
  • Tax Lot: 45
  • Tax Tract Number: 316

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Oct 26, 2019
Sold by
Machnik Greg J
Bought by
Olivares Michael A
Seller's Agent
John Balsz
King Realty Group Inc
Buyer's Agent
Angela Ayles
TOP PRODUCERS REALTY PARTNERS
List Price
$499,000
Sold Price
$470,000
Premium/Discount to List
-$29,000
-5.81%
Current Estimated Value
$725,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,121
Avg. Annual Appreciation
7.94%
Original Mortgage
$461,487
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 5, 2013
Sold by
Nanney Wong Kam Mie
Bought by
Machnik Greg J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,250
Interest Rate
4.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 20, 2003
Sold by
Nanney Clifford D and Nanney Kam Mie
Bought by
Nanney Wong Kam Mie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 1997
Sold by
Nanney Wong Kam Mie
Bought by
Nanney Wong Kam Mie
Source: Public Records

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
Olivares Michael A $470,000 First American Title Company
Machnik Greg J -- First American Title Company
Machnik Greg J $321,000 Wfg Title Company Of Ca
Nanney Wong Kam Mie -- Fidelity National Title
Nanney Clifford C -- Fidelity National Title
Nanney Wong Kam Mie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olivares Michael A $460,000
Closed Olivares Michael A $461,487
Previous Owner Machnik Greg J $224,250
Previous Owner Nanney Clifford C $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $470,000 -5.8% $231 / Sq Ft
09/12/2019 09/12/19 For Sale $499,000 0.0% $246 / Sq Ft
09/07/2019 09/07/19 Pending -- -- --
08/24/2019 08/24/19 For Sale $499,000 0.0% $246 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $499,000 +59.9% $246 / Sq Ft
08/21/2013 08/21/13 Sold $312,000 -10.9% $154 / Sq Ft
05/29/2013 05/29/13 Pending -- -- --
10/30/2012 10/30/12 For Sale $350,000 -- $172 / 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 $5,580 $514,009 $131,235 $382,774
2023 $5,580 $494,051 $126,140 $367,911
2022 $5,453 $484,365 $123,667 $360,698
2021 $5,380 $474,869 $121,243 $353,626
2020 $5,339 $470,000 $120,000 $350,000
2019 $4,030 $352,745 $65,931 $286,814
2018 $3,951 $345,830 $64,639 $281,191
2017 $3,882 $339,050 $63,372 $275,678
2016 $3,633 $332,403 $62,130 $270,273
2015 $3,581 $327,412 $61,198 $266,214
2014 $3,549 $321,000 $60,000 $261,000
Source: Public Records

Agents Affiliated with this Home

  • John Balsz

    Seller's Agent in 2019

    John Balsz

    King Realty Group Inc

    (909) 374-6320

    233 Total Sales

    Section Image

  • A

    Buyer's Agent in 2019

    Angela Ayles

    TOP PRODUCERS REALTY PARTNERS

    Section Image

  • A

    Seller's Agent in 2013

    Annie Wong

    Homequest Real Estate

    (951) 283-2363

    2 Total Sales

    Section Image

  • J

    Buyer's Agent in 2013

    JAMES SAMANIEGO

    LOGIC REALTY & INVESTMENTS

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR19169741

California Regional Multiple Listing Service (CRMLS)

APN: 191-272-005

California Riverside County Riverside 92503 Arlington

9311 Sage Ave, Riverside, CA

This home is located at 9311 Sage Ave, Riverside, CA 92503 since 18 July 2019 and is currently estimated at $725,372, approximately $356 per square foot. This property was built in 1975. 9311 Sage Ave is a home located in Riverside County with nearby schools including Jackson 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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