NOT LISTED FOR SALE

Estimated Value: $671,000 - $771,183

3 Beds
2 Baths
2,630 Sq Ft
$275/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $650,000 $247 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,543/month

31 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • Level Lot

About This Home

As of September 2022

Great Triplex investment opportunity in Riverside. Live in one and rent the rest of the units or rent all of the units. The front two units have two bedrooms, each with their own spacious living room and dining area and a common wall. The rear unit is detached from the front two and has one bedroom as well with its spacious living and dining area. Property is zoned as mixed use, residential / commercial.

Last Agent to Sell the Property

Jesse Blanchet

New Century Realtors License #02005879 Listed on: 06/27/2022

Last Buyer's Agent

Rosa Hernandez

Realty One Group West License #01220140

Realty One Group West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,197

Year Built

  • Built in 1970

Lot Details

  • 10,019 Sq Ft Lot
  • 1 Common Wall
  • No Landscaping
  • Level Lot

Home Design

  • 2,630 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Rain Gutters
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 73
  • Tax Tract Number 405
  • Assessor Parcel Number 170150030
  • $39 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $6,000
  • Fuel Expense $1,500
  • Insurance Expense $2,600
  • Trash Expense $1,200
  • Water Sewer Expense $1,800
  • Operating Expense $13,100
  • Gross Income $30,900
  • Net Operating Income $30,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,197

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Price Per Unit: 233333
  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: C-1/C-P
  • Property Type: Residential Income
  • Parcel Number: 170150030
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 247.15

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Level, Near Public Transit, No Landscaping
  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300
  • Latitude Manual: 34.01190000

Multi Family

  • Electric Expense: 6000.00
  • Fuel Expense: 1500.00
  • Gross Income: 30900.00
  • Gross Scheduled Income: 44000.00
  • Insurance Expense: 2600.00
  • Lot Size Area: 10019.0000 Square Feet
  • Net Operating Income: 30900.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 13100.00
  • Rent Control: No
  • Total Expenses: 13100.00

Tax Info

  • Tax Census Tract: 405.02
  • Tax Lot: 73
  • Tax Tract Number: 405.02
  • TaxOtherAnnualAssessmentAmount: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Sep 2, 2022
Sold by
Marquez Maria Luz
Bought by
Pina Miguel A
Seller's Agent
Jesse Blanchet
New Century Realtors
Buyer's Agent
Rosa Hernandez
Realty One Group West
List Price
$700,000
Sold Price
$650,000
Premium/Discount to List
-$50,000
-7.14%
Views
4
Current Estimated Value
$723,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,796
Avg. Annual Appreciation
3.69%
Original Mortgage
$487,500
Outstanding Balance
$467,225
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$256,571

Purchase Details

Listed on
Jun 27, 2022
Closed on
Sep 1, 2022
Sold by
Santos Marta A
Bought by
Pina Miguel A
Seller's Agent
Jesse Blanchet
New Century Realtors
Buyer's Agent
Rosa Hernandez
Realty One Group West
List Price
$700,000
Sold Price
$650,000
Premium/Discount to List
-$50,000
-7.14%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Outstanding Balance
$467,225
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$256,571

Purchase Details

Closed on
Mar 22, 2017
Sold by
Hernandez Raul
Bought by
Marquez Maria Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2017
Sold by
Inland Empire Investment Fund Llc
Bought by
Marquez Maria Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2014
Sold by
Hernandez Raul
Bought by
Inland Empire Investment Fund Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,600
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2006
Sold by
Marquez Maria L
Bought by
Hernandez Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2005
Sold by
Vanderkallen Roy M and Vanderkallen Melissa
Bought by
Hernandez Raul and Marquez Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2003
Sold by
Ironwood Llc
Bought by
Vanderkallen Roy M and Vanderkallen Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2003
Sold by
Arellano Herminio
Bought by
Ironwood Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Pina Miguel A $650,000 --
Pina Miguel A -- --
Marquez Maria Luz -- First American Title
Marquez Maria Luz $300,000 First American Title
Inland Empire Investment Fund Llc $184,000 First American Title Company
Hernandez Raul -- Fidelity National Title Co
Hernandez Raul $440,000 Orange Coast Title Co
Vanderkallen Roy M $160,000 --
Ironwood Llc $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pina Miguel A $487,500
Closed Pina Miguel A $487,500
Previous Owner Marquez Maria Luz $225,000
Previous Owner Marquez Maria Luz $225,000
Previous Owner Inland Empire Investment Fund Llc $191,000
Previous Owner Inland Empire Investment Fund Llc $119,600
Previous Owner Hernandez Raul $150,000
Previous Owner Hernandez Raul $447,000
Previous Owner Hernandez Raul $352,000
Previous Owner Vanderkallen Roy M $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2022 09/08/22 Sold $650,000 -7.1% $247 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $700,000 -- $266 / 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 $7,197 $676,259 $189,352 $486,907
2023 $7,197 $650,000 $182,000 $468,000
2022 $3,664 $328,091 $76,554 $251,537
2021 $3,638 $321,658 $75,053 $246,605
2020 $3,606 $318,361 $74,284 $244,077
2019 $3,535 $312,120 $72,828 $239,292
2018 $3,422 $306,000 $71,400 $234,600
2017 $2,166 $190,540 $93,199 $97,341
2016 $2,136 $186,805 $91,372 $95,433
2015 $2,108 $184,000 $90,000 $94,000
2014 $2,794 $258,000 $75,000 $183,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22133883

California Regional Multiple Listing Service (CRMLS)

APN: 170-150-030