NOT LISTED FOR SALE

Estimated Value: $1,821,686

9.6 Acres
$189,759 Price per Acre
418,176 Sq Ft Lot

Last Sold January 06, 2022

Last sale price $1,550,000

Est. 18% increase in value since last sale

Current estimated payment $11,391/month

69 Days on Market

Highlights

  • Community Stables
  • View of Hills
  • No HOA
  • 9.6 Acre Lot
  • Corner Lot
  • Hiking Trails

About This Lot

As of January 2022

Stunning corner lot in Riverside Arlington Heights. Lot Size 9.6 Acres, zoned RA-5, with 19 Gage Canal Water Shares. Neighborhood is adjacent to custom homes and nurseries. Also, property is located across from the Arlington Heights sports park. Intersection between Van Buren Blvd and Victoria Ave in Riverside. High traffic flow is ideal for retail nursery business. Buyer and Buyer's agent to verify and due diligence all information on the property such as utilities, zoning, water, lot size, and etc. Agent has minority ownership.

Last Agent to Sell the Property

Stan Huang

Stan Huang, Broker License #01402550 Listed on: 09/09/2021

Last Buyer's Agent

Michele Sparks

Pacific Sotheby’s International Realty License #01304923

Pacific Sotheby’s International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,808

Lot Details

  • 9.6 Acre Lot
  • Rural Setting
  • Corner Lot
  • Property is zoned RA-5

Property Views

  • Hills
  • Park or Greenbelt

Utilities

  • No Utilities

Listing and Financial Details

  • Legal Lot and Block 2 / 19
  • Assessor Parcel Number 239140003
  • $180 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Community Stables
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Property Details

Property Type

Land

Est. Annual Taxes

$17,808

Lot Details

0

Listing Details

  • Inclusions: Only land and Gage Canal Shares are for sale.
  • Current Use Comments: Short-term lease to nursery.
  • Possible Use Comments: Verify with Riverside Zoning Dept.
  • View: Yes
  • Zoning: RA-5
  • Property Type: Land
  • Parcel Number: 239140003
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 3.71

Exterior Features

  • View: Hills, Park/Greenbelt

Utilities

  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Horse Trails, Park, Stable(s), Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 418176.00
  • Lot Size Acres: 9.6000

Multi Family

  • Lot Size Area: 418176.0000 Square Feet

Tax Info

  • Tax Block: 19
  • Tax Census Tract: 317.02
  • Tax Lot: 2
  • Tax Rate: 1.12
  • Tax Year: 2020
  • TaxOtherAnnualAssessmentAmount: 180.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Dec 17, 2021
Sold by
Hsiung Chiu Ching
Bought by
Chiu Shu Chen
Seller's Agent
Stan Huang
Stan Huang, Broker
Buyer's Agent
Michele Sparks
Pacific Sotheby’s International Realty
List Price
$1,600,000
Sold Price
$1,550,000
Premium/Discount to List
-$50,000
-3.12%
Current Estimated Value
$1,821,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,686
Avg. Annual Appreciation
4.54%

Purchase Details

Closed on
Nov 10, 2015
Sold by
Li Te Chung
Bought by
Lee Huei Mei

Purchase Details

Closed on
Sep 23, 2014
Sold by
Huang Chia Mei Yu
Bought by
Huang Stanley Yu Chih

Purchase Details

Closed on
Jan 22, 1998
Sold by
Lee Tien Yuan
Bought by
Li Te Chung and Lee Huei Mei

Purchase Details

Closed on
Feb 24, 1994
Sold by
Chen Hung Wen
Bought by
Hsieh Yu Kwai

Purchase Details

Closed on
Jul 28, 1993
Sold by
Chang Yen Chu
Bought by
Dou Yen Chu Chang

Purchase Details

Closed on
May 18, 1988
Sold by
Lee Chin Chuan
Bought by
Li Te Chung and Lee Huei Mei
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
Chiu Shu Chen -- Lawyers Title
Dou Hui Kuo -- Lawyers Title
Lee Huei Mei -- None Available
Lee Huei Mei -- None Available
Huang Stanley Yu Chih -- None Available
Li Te Chung -- --
Hsieh Yu Kwai -- --
Dou Yen Chu Chang -- --
Li Te Chung -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2022 01/06/22 Sold $1,550,000 -3.1% --
11/17/2021 11/17/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $1,600,000 +3.2% --
09/29/2021 09/29/21 Off Market $1,550,000 -- --
09/09/2021 09/09/21 For Sale $1,350,000 -- --
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 $17,808 $1,644,871 $1,619,721 $25,150
2023 $17,730 $1,581,000 $1,556,826 $24,174
2022 $6,908 $606,517 $588,074 $18,443
2021 $6,811 $594,626 $576,544 $18,082
2020 $6,761 $588,530 $570,633 $17,897
2019 $6,635 $576,992 $559,445 $17,547
2018 $6,508 $565,679 $548,475 $17,204
2017 $6,394 $554,588 $537,721 $16,867
2016 $5,988 $543,715 $527,178 $16,537
2015 $5,906 $535,550 $519,260 $16,290
2014 $4,513 $525,062 $509,090 $15,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21199310

California Regional Multiple Listing Service (CRMLS)

APN: 239-140-003