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10580 Magnolia Avenue

10580 Magnolia Avenue, Riverside, CA 92505
10580 Magnolia Avenue in Riverside, CA was first built in 1965 and is 59 years old. This has been categorized as a commercial property type. It is a single story home. In total, the area measurement of the land is 10,019 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10580 Magnolia Avenue sold most recently in Feb 7, 2017 for a total of $600,000. If you work out the math, that's approximately a cost of $281.95 per sqft. Before that, the property was also sold for $276,000 in Oct 7, 2004. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,277 in taxes each year. The initial year of tax delinquency occurred in 2022. 10580 Magnolia Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $669,307. If we break it down further, the land itself was valued at $167,326. Improvements to the property, however, were assessed at a total of $501,981. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Masonry
  • Floor Count: 1
  • Business/Commerical Units Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 2,128
  • Gross Building Area: 2,128
  • Building Area: 2,128
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: ARLINGTON GARDENS
  • Land Acres: 0.23
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: .23 ACRES M/L IN POR LOT 1 MB 014/084 ARLINGTON GARDENS

Ownership

  • Current Owner : LEE PAUL Y
  • Previous Owner : NENEJIAN HAGOP
  • Previous Owner 2: NENEJIAN MARAL
  • Owner Before Previous Owner: MCARTHUR WALLACE G
  • Owner Before Previous Owner 2: MCARTHUR LYLALEE
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Alvord Unified School District
  • Census Tract: 041408

Zoning

  • Zoning: C2

Geography

  • Parcel: 138-051-002
  • Lot: 1
  • Municipality: RIVERSIDE
  • Latitude: 33.9084
  • Longitude: -117.467

    Address

  • Full Address: 10580 Magnolia Ave
  • Address - House Number: 10580
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Riverside
  • Carrier Code: C037
  • 4-Digit Zip Code: 6904
  • Zip Code: 92505

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,277
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 009-176

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,000
  • First Open Lien Mortgage Lender: MUFG UNION BANK NA
  • First Open Lien Mortgage Recording Date: Jun 12, 2017
  • First Open Lien Mortgage Loan Amount: $510,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $669,307
  • Assessed Land Value: $167,326
  • Assessed Improvements Value: $501,981

    Sales

  • Current Sale Contract Date: Feb 07, 2017
  • Current Sale Recording Date: Jun 12, 2017
  • Current Sale Transaction ID: 1588600517
  • Current Sale Price: $600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2017-0233031
  • Previous Sale Recording Date: Oct 29, 2004
  • Previous Sale Contract Date: Oct 07, 2004
  • Previous Sale Amount: $276,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: THE MCARTHUR FAMILY TRUST
  • Previous Mortgage Transaction Date: Oct 29, 2004
  • Previous Mortgage Loan Amount: $206,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

About La Sierra



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Frequently Asked Questions

What neighborhood is 10580 Magnolia Avenue located in?
The 10580 Magnolia Avenue is a house located in the neighborhood of Arlington Gardens in La Sierra, Riverside.
What is the average sales price for listings in 10580 Magnolia Avenue?
The average sales price for units in 10580 Magnolia Avenue is $0 currently.

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