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1070 Cannon Road

1070 Cannon Road, Riverside, CA 92506
Property in Mission Grove
Sold Jul 22, 2019
$480,000
$384,000 by Franklin Loan Center
Mortgage Due Aug 01, 2049
Sold Jul 21, 2006
$497,000
$347,000 by Provident Funding Associates L
Mortgage Due Aug 01, 2036
1070 Cannon Road has been categorized by the local assessors in Riverside, CA as a residential type of property. The building on the property was first built in 1990 and is 34 years old. However, we must point out that the home was most recently renovated and altered in 1991. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1070 Cannon Road has 1,901 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,890 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 641 sqft. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The roof of the building is made of tile. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1070 Cannon Road was last sold in Jun 25, 2019 for $480,000. According to our calculations, that's $185.33 per sqft. Prior to that sales transaction, the property was sold for $497,000 in Jul 10, 2006. Current property owners are expected to pay $5,586 in taxes per year. The property on 1070 Cannon Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $504,563. To break that down further, the land itself was valued at $105,117. While improvements to the property were assessed at a total of $399,446. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 641
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 2,590
  • Gross Building Area: 2,590
  • Building Area: 1,901
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,901
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 21685 3
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 30 MB 179/046 TR 21685-3

Ownership

  • Current Owner : VELEZ SAUL A
  • Current Owner 2: VELEZ CAROLINA
  • Previous Owner : DAVIDSON JEFFREY B
  • Previous Owner 2: DAVIDSON SUMMER
  • Owner Before Previous Owner: BOWDEN GARY K
  • Owner Before Previous Owner 2: BOWDEN LISA ANN
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Riverside Unified School District
  • Census Tract: 042217

Geography

  • Subdivision Tract Number: 21685-3
  • Parcel: 268-094-003
  • Lot: 30
  • Municipality: RIVERSIDE
  • Latitude: 33.9236
  • Longitude: -117.335

    Address

  • Full Address: 1070 Cannon Rd
  • Address - House Number: 1070
  • Address - Street Name: Cannon
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Riverside
  • Carrier Code: C024
  • 4-Digit Zip Code: 4950
  • Zip Code: 92506

Valuation

    Tax

  • Total Area: 1,901
  • Tax Year: 2023
  • Tax Amount: $5,586
  • Tax Rate Code Area: 009-024

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 78
  • Final Value: 724,521
  • High Value: 849,047
  • Low Value: 599,995

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $384,000
  • First Open Lien Mortgage Lender: FRANKLIN LOAN CENTER
  • First Open Lien Mortgage Recording Date: Jul 22, 2019
  • First Open Lien Mortgage Loan Amount: $384,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2049

    Market Valuation

  • Market Total Value: $548,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $504,563
  • Assessed Land Value: $105,117
  • Assessed Improvements Value: $399,446

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 25, 2019
  • Current Sale Recording Date: Jul 22, 2019
  • Current Sale Transaction ID: 11625497523
  • Current Sale Price: $480,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-0272272
  • Previous Sale Recording Date: Jul 21, 2006
  • Previous Sale Contract Date: Jul 10, 2006
  • Previous Sale Amount: $497,000
  • Previous Sale Document Type: Individual Deed

    Last Sale Mortgage

  • First Mortgage Lender: FRANKLIN LOAN CENTER
  • First Mortgage Transaction Date: Jul 22, 2019
  • First Mortgage Loan Amount: $384,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • Previous Mortgage Transaction Date: Jul 21, 2006
  • Previous Mortgage Loan Amount: $347,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2036

About Mission Grove



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Frequently Asked Questions

What neighborhood is 1070 Cannon Road located in?
The 1070 Cannon Road is a located in the neighborhood of Mission Grove in Mission Grove, Riverside.
What is the average sales price for listings in 1070 Cannon Road?
The average sales price for units in 1070 Cannon Road is $0 currently.

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