M
Seller's Agent in 2024
Maricela Delgado
Realty ONE Group West
(951) 547-8400
1 in this area
3 Total Sales
2989 Canyon Crest Dr Riverside, CA 92507
University NeighborhoodEstimated Value: $1,320,000 - $1,527,000
8
Beds
8
Baths
4,200
Sq Ft
$331/Sq Ft
Est. Value
Highlights
- Clubhouse
- Private Yard
- Cooling System Mounted To A Wall/Window
- Traditional Architecture
- Community Pool
- Laundry Room
About This Home
As of February 2024CHARMING 4PLEX IN THE UCR AREA OF RIVERSIDE WITH AN 8 MINUTE DRIVE TO THE MISSION INN. ALL 4 UNITS CONSIST OF ...2 BEDROOMS WITH A 1.5 BATH ( TOWNHOME STYLE ) WITH LARGE PATIOS AND WOOD FIREPLACES, INCLUDES ACCESS TO THE COMMUNITY POOL. THERE IS A 4 CAR GARAGE THAT PERTAINS TO THE BUILDING. ONSITE LAUNDRY ALSO GENERATES INCOME. THIS IS A GREAT INVESTMENT OPPORTUNITY FOR FIRST TIME INVESTORS OR SEASONED INVESTORS. LIVE IN 1 AND RENT THE OTHERS OUT.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,359
Year Built
- Built in 1965
Lot Details
- 7,405 Sq Ft Lot
- Two or More Common Walls
- Wood Fence
- Private Yard
HOA Fees
- $550 Monthly HOA Fees
Parking
- 2 Open Parking Spaces
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Traditional Architecture
- Quadruplex
- Planned Development
Interior Spaces
- 4,200 Sq Ft Home
- 2-Story Property
- Blinds
- Living Room with Fireplace
Kitchen
- Gas and Electric Range
- Free-Standing Range
- Range Hood
- Disposal
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- All Upper Level Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating
- Gas Water Heater
Additional Features
- Accessible Parking
- Rain Gutters
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Tax Lot 6
- Tax Tract Number 2602
- Assessor Parcel Number 250121006
- $162 per year additional tax assessments
Community Details
Overview
- Front Yard Maintenance
- 4 Units
- University Townhomes Association, Phone Number (760) 266-7100
- First Choice Community Management HOA
Amenities
- Community Barbecue Grill
- Clubhouse
Recreation
- Community Pool
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $3,120
- Insurance Expense $5,000
- Other Expense $6,600
- Operating Expense $14,720
- Gross Income $100,980
- Net Operating Income $90,860
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 19, 2024
Closed on
Feb 29, 2024
Sold by
Patel Samirkumar and Agarwal Aviral
Bought by
2989 Canyon Crest Llc
Seller's Agent
Maricela Delgado
Realty ONE Group West
Buyer's Agent
Patrick Campbell
Investment One
List Price
$1,250,000
Sold Price
$1,300,000
Premium/Discount to List
$50,000
4%
Total Days on Market
5
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,088
Avg. Annual Appreciation
5.95%
Original Mortgage
$375,000
Outstanding Balance
$370,175
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$1,019,913
Purchase Details
Listed on
Jan 19, 2024
Closed on
Feb 16, 2024
Sold by
Polra Mansi
Bought by
Patel Samirkumar
Seller's Agent
Maricela Delgado
Realty ONE Group West
Buyer's Agent
Patrick Campbell
Investment One
List Price
$1,250,000
Sold Price
$1,300,000
Premium/Discount to List
$50,000
4%
Views
10
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$370,175
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$1,019,913
Purchase Details
Listed on
Jan 19, 2024
Closed on
Jan 31, 2024
Sold by
2017 Hortensia Delgado Trust
Bought by
Patel Samirkumar and Agarwal Aviral
Seller's Agent
Maricela Delgado
Realty ONE Group West
Buyer's Agent
Patrick Campbell
Investment One
List Price
$1,250,000
Sold Price
$1,300,000
Premium/Discount to List
$50,000
4%
Views
10
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$370,175
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$1,019,913
Purchase Details
Closed on
Mar 21, 2017
Sold by
Delgado Hortensia
Bought by
Delgado Hortensia
Purchase Details
Closed on
May 4, 2005
Sold by
Fuller Jerry
Bought by
Delgado Hortensia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 27, 2000
Sold by
Fuller Jerry L
Bought by
Fuller Jerry
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 2989 Canyon Crest Llc | -- | None Listed On Document | |
| Patel Samirkumar | -- | Lawyers Title | |
| Agarwal Aviral | -- | Lawyers Title | |
| Patel Samirkumar | $1,300,000 | Lawyers Title | |
| Delgado Hortensia | -- | None Available | |
| Delgado Hortensia | $615,000 | First American Title Company | |
| Fuller Jerry | -- | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Agarwal Aviral | $375,000 | |
| Previous Owner | 2017 Hortensia Delgado Trust | $855,000 | |
| Previous Owner | Delgado Hortensia | $560,000 | |
| Previous Owner | Delgado Hortensia | $492,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/29/2024 02/29/24 | Sold | $1,300,000 | -6.8% | $310 / Sq Ft |
| 01/23/2024 01/23/24 | Price Changed | $1,395,000 | +11.6% | $332 / Sq Ft |
| 01/19/2024 01/19/24 | For Sale | $1,250,000 | -- | $298 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $9,359 | $772,191 | $203,858 | $568,333 |
| 2022 | $8,501 | $749,700 | $197,921 | $551,779 |
| 2021 | $7,929 | $694,875 | $183,447 | $511,428 |
| 2020 | $7,308 | $637,500 | $168,300 | $469,200 |
| 2019 | $7,172 | $625,000 | $165,000 | $460,000 |
| 2018 | $7,170 | $625,000 | $165,000 | $460,000 |
| 2017 | $7,013 | $496,125 | $110,250 | $385,875 |
| 2016 | $5,477 | $496,125 | $110,250 | $385,875 |
| 2015 | $5,227 | $472,500 | $105,000 | $367,500 |
| 2014 | $5,035 | $450,000 | $100,000 | $350,000 |
Source: Public Records
Agents Affiliated with this Home
-
Maricela Delgado
-
Patrick Campbell
P
Buyer's Agent in 2024
Patrick Campbell
Investment One
(951) 689-1611
1 in this area
16 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG24012236
APN: 250-121-006
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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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