NOT LISTED FOR SALE

9343 Hawthorne Ave Riverside, CA 92503

Arlington Neighborhood

Estimated Value: $596,810 - $665,000

4 Beds
2 Baths
1,632 Sq Ft
$388/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $375,000 $230 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,671/month

14 Days on Market

Highlights

  • Corner Lot
  • No Heating
  • 1-Story Property
  • Laundry Room
  • Back Yard

About This Home

As of April 2018

Incredible Investment Property in Riverside! This duplex features 2 bedrooms, 1 full bathroom, kitchen, living room and dining room. This property is conveniently located near shopping, parks, schools, freeways and much more. Don't miss out on this great investment!

Last Agent to Sell the Property

Justin Tye

Active Realty License #01728694 Listed on: 02/22/2018

Last Buyer's Agent

Josue Silva

Realty Masters & Associates License #01929925

Realty Masters & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,642

Year Built

  • Built in 1959

Lot Details

  • 6,098 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Back Yard

Home Design

  • Duplex

Interior Spaces

  • 1,632 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Carport
  • Parking Available

Additional Features

  • Suburban Location
  • No Heating

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 12
  • Assessor Parcel Number 191282001

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $749
  • Water Sewer Expense $728
  • New Taxes Expense $1,824
  • Operating Expense $2,900
  • Gross Income $23,400
  • Net Operating Income $20,752

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,642

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 728.00
  • Zoning: R2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 191282001
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 229.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot
  • Lot Size Sq Ft: 6098.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 23400.00
  • Gross Scheduled Income: 23400.00
  • Insurance Expense: 749.00
  • Net Operating Income: 20752.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 2648.00
  • Rent Control: Yes
  • Total Actual Rent: 1950.00
  • Total Expenses: 2900.00

Tax Info

  • New Taxes Expense: 1824.00
  • Tax Census Tract: 316.02
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2018
Closed on
Mar 9, 2018
Sold by
Wood Mary A
Bought by
Murillo Salvador and Murillo Maria
Seller's Agent
Justin Tye
Active Realty
Buyer's Agent
Josue Silva
Realty Masters & Associates
List Price
$378,900
Sold Price
$375,000
Premium/Discount to List
-$3,900
-1.03%
Current Estimated Value
$599,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,819
Avg. Annual Appreciation
6.77%
Original Mortgage
$300,000
Outstanding Balance
$258,666
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$346,921

Purchase Details

Closed on
Apr 7, 2003
Sold by
Cataloni Charles G and Wood Mary A
Bought by
Wood Mary A

Purchase Details

Closed on
Mar 13, 1997
Sold by
Wood David M
Bought by
Wood Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 5, 1997
Sold by
Shipp Bill
Bought by
Cataloni Charles G and Wood Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 26, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Shipp Bill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
7.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 5, 1996
Sold by
Homeside Lending Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 3, 1996
Sold by
George Pusavat and George Jacqueline Pusavat
Bought by
Homeside Lending Inc
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
Murillo Salvador $375,000 Fidelity National Title
Wood Mary A -- First American Title Co
Wood Mary A -- First American Title Co
Wood Mary A -- First American Title Ins Co
Cataloni Charles G $96,000 First American Title Ins Co
Shipp Bill $75,000 First American Title Ins Co
Federal Home Loan Mortgage Corporation -- First Southwestern Title Co
Homeside Lending Inc $100,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murillo Salvador $300,000
Previous Owner Cataloni Charles G $15,000
Previous Owner Cataloni Charles G $25,000
Previous Owner Shipp Bill $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $375,000 -1.0% $230 / Sq Ft
03/08/2018 03/08/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $378,900 -- $232 / 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 $4,642 $426,682 $85,335 $341,347
2023 $4,642 $410,115 $82,022 $328,093
2022 $4,537 $402,074 $80,414 $321,660
2021 $4,479 $394,191 $78,838 $315,353
2020 $4,446 $390,150 $78,030 $312,120
2019 $4,362 $382,500 $76,500 $306,000
2018 $2,010 $172,263 $56,859 $115,404
2017 $1,975 $168,887 $55,745 $113,142
2016 $1,851 $165,576 $54,652 $110,924
2015 $1,824 $163,090 $53,832 $109,258
2014 $1,807 $159,898 $52,779 $107,119
Source: Public Records

Agents Affiliated with this Home

  • Justin Tye

    Seller's Agent in 2018

    Justin Tye

    Active Realty

    (949) 381-8581

    1 in this area

    2,283 Total Sales

    Section Image

  • J

    Buyer's Agent in 2018

    Josue Silva

    Realty Masters & Associates

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG18042394

California Regional Multiple Listing Service (CRMLS)

APN: 191-282-001

California Riverside County Riverside 92503 Arlington

9343 Hawthorne Ave, Riverside, CA

This home is located at 9343 Hawthorne Ave, Riverside, CA 92503 since 22 February 2018 and is currently estimated at $633,953, approximately $388 per square foot. This property was built in 1959. 9343 Hawthorne 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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