RENTED APR 28, 2025

5061 Fashion Place Riverside, CA 92504

Magnolia Center Neighborhood

Estimated Value: $418,641 - $470,000

4 Beds
2 Baths
1,312 Sq Ft
$340/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $180,000 $137 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $2,573/month

Highlights

  • Mountain View
  • Community Pool
  • Central Heating and Cooling System
  • Fireplace in Primary Bedroom
  • Laundry Room
  • 1-Story Property

About This Home

As of April 2025

GORGEOUS 4 BEDROOM 2 BATH TOWNHOME WITH NICE SIZE BACKYARD AND DETACHED 2 CAR GARAGE VERY CENRALLY LOCATED IN RIVERSIDE. NEW PAINT AND NEW CLOSET DOORS. BEAUTIFUL KITCHEN WITH REAL WOOD CABINETS AND QUARTZ COUNTERTOPS. CENTRAL AIR AND HEAT. VERY WELL MAINTAINED HOA WITH SWIMMING POOL AND CLUBHOUSE. VERY NICE OPEN HOA LAWNS.

Last Agent to Rent the Property

Raj Grewal

REALSMART REAL ESTATE SOLUTION Brokerage Phone: 951-347-0778 License #01104901 Listed on: 04/19/2025

Last Renter's Agent

Raj Grewal

REALSMART REAL ESTATE SOLUTION Brokerage Phone: 951-347-0778 License #01104901 Listed on: 04/19/2025

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1973

Lot Details

  • 2,614 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,312 Sq Ft Home
  • 1-Story Property
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,950
  • Rent includes trash collection, water
  • 12-Month Minimum Lease Term
  • Available 4/22/25
  • Tax Lot 21
  • Tax Tract Number 4670
  • Assessor Parcel Number 226090021

Community Details

Overview

  • Property has a Home Owners Association
  • 150 Units

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1973

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2025-04-22
  • Credit Check Paid By: Tenant
  • Deposit Security: 2950
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Townhouse
  • Property Type: Residential Lease
  • Parcel Number: 226090021
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1312.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Primary Bedroom
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 2.25
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units In Community: 150
  • Number Of Units Total: 1
  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Census Tract: 310.01
  • Tax Lot: 21
  • Tax Tract Number: 4670

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2015
Closed on
Jun 5, 2015
Sold by
Oberoi Kuldip S
Bought by
Oberoi Kuldip S and Gill Gursharn
Seller's Agent
James Antoyan
JLA REAL ESTATE GROUP
Buyer's Agent
Raj Grewal
REALSMART REAL ESTATE SOLUTION
List Price
$180,000
Sold Price
$180,000
Current Estimated Value
$445,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,660
Avg. Annual Appreciation
9.00%
Original Mortgage
$80,000
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 2015
Sold by
Mahal Kanwaljeet
Bought by
Oberoi Kuldip S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 6, 2015
Sold by
Jla Real Estate Group Lp
Bought by
Oberoi Kuldip S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 17, 2015
Sold by
Morken Andrew L and Morken Constance C
Bought by
Jla Real Estate Group Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oberoi Kuldip S $10,000 None Available
Oberoi Kuldip S -- Chicago Title Company
Oberoi Kuldip S $180,000 Chicago Title
Jla Real Estate Group Lp $130,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oberoi Kuldip S $80,000
Previous Owner Oberoi Kuldip S $135,000
Previous Owner Jla Real Estate Group Lp $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2025 04/28/25 Rented $2,950 0.0% --
04/19/2025 04/19/25 For Rent $2,950 0.0% --
06/26/2015 06/26/15 Sold $180,000 0.0% $137 / Sq Ft View Prior Sale
03/23/2015 03/23/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $180,000 -- $137 / 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 $2,860 $261,269 $57,383 $203,886
2023 $2,860 $251,125 $55,155 $195,970
2022 $2,796 $246,202 $54,074 $192,128
2021 $2,768 $241,375 $53,014 $188,361
2020 $2,288 $197,805 $54,945 $142,860
2019 $2,245 $193,927 $53,868 $140,059
2018 $2,202 $190,125 $52,812 $137,313
2017 $2,164 $186,398 $51,777 $134,621
2016 $2,027 $182,744 $50,762 $131,982
2015 $713 $66,807 $8,602 $58,205
2014 $704 $65,501 $8,435 $57,066
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2025

    Raj Grewal

    REALSMART REAL ESTATE SOLUTION

    (951) 347-0778

    4 Total Sales

    Raj Grewal
    Section Image
  • James Antoyan

    Seller's Agent in 2015

    James Antoyan

    JLA REAL ESTATE GROUP

    (951) 233-9133

    5 Total Sales

    James Antoyan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV25086257

California Regional Multiple Listing Service (CRMLS)

APN: 226-090-021

California Riverside County Riverside 92504 Magnolia Center

5061 Fashion Place, Riverside, CA

Not Listed for Sale

Townhouses

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