NOT LISTED FOR SALE

Estimated Value: $740,077 - $983,000

6 Beds
4 Baths
2,784 Sq Ft
$309/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $705,600 $253 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,190/month

72 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Central Heating
  • Property is near public transit
  • Laundry Room
  • Rectangular Lot

About This Home

As of September 2021

Great Duplex in the city of Riverside. Back unit has 3 bedroom, 2 bath, 2 car garage and huge back yard. It feels like a house. Front unit has 3 bedroom, 2 bath, 1 car garage and side yard. Conveniently located within walking distance to Galleria at Tyler, Schools and easy access to freeways.

Last Agent to Sell the Property

Isabel Upegui

First Team Real Estate License #01718768 Listed on: 06/15/2021

First Team Real Estate

Last Buyer's Agent

Frank Ohrmund

Otay Real Estate Company License #01169441

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,628

Year Built

  • Built in 1978

Lot Details

  • 0.32 Acre Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Rectangular Lot
  • Level Lot
  • Front Yard

Parking

  • 6 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,784 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 18
  • Tax Tract Number 8121
  • Assessor Parcel Number 234121021

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $2,200
  • Trash Expense $300
  • Water Sewer Expense $600
  • New Taxes Expense $4,237
  • Operating Expense $7,937
  • Gross Income $35,400
  • Net Operating Income $32,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,628

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 600.00
  • Zoning: R1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 234121021
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 253.45

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level with Street, Rectangular Lot, Near Public Transit
  • Lot Size Sq Ft: 13939.00
  • Lot Size Acres: 0.3200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 35400.00
  • Gross Scheduled Income: 35400.00
  • Insurance Expense: 2200.00
  • Lot Size Area: 13939.0000 Square Feet
  • Net Operating Income: 32300.00
  • 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
  • Operating Expense: 3100.00
  • Rent Control: No
  • Total Expenses: 7937.00

Tax Info

  • New Taxes Expense: 4237.00
  • Tax Census Tract: 316.01
  • Tax Lot: 18
  • Tax Tract Number: 8121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Sep 8, 2021
Sold by
Flag 2 Real Estate Holdings Llc
Bought by
Aloe Properties Llc
Seller's Agent
Isabel Upegui
First Team Real Estate
Buyer's Agent
Frank Ohrmund
Otay Real Estate Company
List Price
$729,000
Sold Price
$705,600
Premium/Discount to List
-$23,400
-3.21%
Current Estimated Value
$809,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,933
Avg. Annual Appreciation
5.23%

Purchase Details

Listed on
Oct 15, 2012
Closed on
Nov 6, 2012
Sold by
Rental & Associates Inc
Bought by
Flag 2 Real Estate Holdings Llc
Seller's Agent
Jaime Becerra
Re/Max Partners
Buyer's Agent
Raymond Chiang
MANDARIN REALTY 1 Corp
List Price
$347,500
Sold Price
$330,000
Premium/Discount to List
-$17,500
-5.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%

Purchase Details

Listed on
May 29, 2012
Closed on
Jun 28, 2012
Sold by
Bank Of America N A
Bought by
Rental & Associates Inc
Seller's Agent
Amado Hernandez
EXCELLENCE EMPIRE REAL ESTATE
Buyer's Agent
Adriana Hesford
EXCELLENCE EMPIRE REAL ESTATE
List Price
$199,900
Sold Price
$220,000
Premium/Discount to List
$20,100
10.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
348.94%

Purchase Details

Closed on
Apr 5, 2012
Sold by
Federal National Mortgage Association
Bought by
Bank Of America Na

Purchase Details

Closed on
Apr 25, 2011
Sold by
Molina Santos
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 3, 2010
Sold by
Molina Santos
Bought by
Molina Santos and Ventura Dominic Robert

Purchase Details

Closed on
Apr 6, 2007
Sold by
Ramirez Jorge
Bought by
Molina Santos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 2005
Sold by
Uzcangea Rosalia
Bought by
Ramirez Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
7.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 2002
Sold by
Uzcanga Rosalia
Bought by
Uzcanga Rosalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
5.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2000
Sold by
Uzacanga Eduardo
Bought by
Uzcanga Roslaia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,200
Interest Rate
8.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2000
Sold by
Crane Donald Bradford and Crane Monsie Camille
Bought by
Uzcanga Rosalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,200
Interest Rate
8.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 22, 1994
Sold by
Dempster Daniel B and Dempster Grace R
Bought by
Crane Donald Bradford and Crane Monsie Camille
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
Aloe Properties Llc $706,000 First American Title Company
Flag 2 Real Estate Holdings Llc $328,000 Fnt Ie
Rental & Associates Inc $230,000 Stewart Title Of California
Bank Of America Na -- First American
Federal National Mortgage Association $565,163 Landsafe Default Inc
Molina Santos -- None Available
Molina Santos $580,000 Commerce Title Company
Ramirez Jorge $415,000 Commerce Title Company
Uzcanga Rosalia -- --
Uzcanga Roslaia -- Fidelity National Title
Uzcanga Rosalia $156,000 Fidelity National Title Co
Crane Donald Bradford $147,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aloe Properties Llc $2,000,000
Open Aloe Properties Llc $8,000,000
Previous Owner Molina Santos $464,000
Previous Owner Ramirez Jorge $390,000
Previous Owner Ramirez Jorge $365,000
Previous Owner Uzcanga Rosalia $5,000
Previous Owner Uzcanga Rosalia $304,000
Previous Owner Uzcanga Rosalia $10,685
Previous Owner Uzcanga Rosalia $10,750
Previous Owner Uzcanga Rosalia $25,875
Previous Owner Uzcanga Rosalia $15,745
Previous Owner Uzcanga Rosalia $189,600
Previous Owner Uzcanga Rosalia $148,200
Previous Owner Crane Donald Bradford $15,000
Closed Uzcanga Rosalia $11,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $705,600 -3.2% $253 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $729,000 +120.9% $262 / Sq Ft
11/16/2012 11/16/12 Sold $330,000 -5.0% $119 / Sq Ft
10/19/2012 10/19/12 Pending -- -- --
09/18/2012 09/18/12 For Sale $347,500 +58.0% $125 / Sq Ft
08/10/2012 08/10/12 Sold $220,000 +10.1% $79 / Sq Ft
06/25/2012 06/25/12 Pending -- -- --
05/29/2012 05/29/12 For Sale $199,900 -- $72 / 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 $8,628 $795,905 $106,120 $689,785
2023 $8,628 $765,000 $102,000 $663,000
2022 $8,432 $750,000 $100,000 $650,000
2021 $4,269 $373,140 $91,008 $282,132
2020 $4,237 $369,315 $90,075 $279,240
2019 $4,158 $362,074 $88,309 $273,765
2018 $4,078 $354,976 $86,578 $268,398
2017 $4,006 $348,017 $84,881 $263,136
2016 $3,751 $341,194 $83,217 $257,977
2015 $3,698 $336,070 $81,968 $254,102
2014 $3,663 $329,488 $80,363 $249,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21127649

California Regional Multiple Listing Service (CRMLS)

APN: 234-121-021