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1070 Minerva Court

1070 Minerva Court, Riverside, CA 92507
Property in University
Sold Nov 30, 2012
$220,000
$190,000 by Cathay Bank
Mortgage Due Feb 01, 2050
1070 Minerva Court 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 1960 and is 64 years old. However, we must point out that the home was most recently renovated and altered in 1961. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1070 Minerva Court has 1,400 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 8,276 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 441 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of gravel/rock. 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. 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, 1070 Minerva Court sold most recently in Nov 20, 2012 for a total of $220,000. If you work out the math, that's approximately a cost of $119.50 per sqft. 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 $2,960 in taxes each year. 1070 Minerva Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $260,383. If we break it down further, the land itself was valued at $94,684. Improvements to the property, however, were assessed at a total of $165,699. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,841
  • Gross Building Area: 1,841
  • Building Area: 1,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,400
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT 2062
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 11 MB 040/084 TR 2062

Ownership

  • Current Owner : YIHONG HE
  • Current Owner 2: JIE YANK
  • Previous Owner : FORD JASON B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Riverside Unified School District
  • Census Tract: 042210

Zoning

  • Zoning: R1065

Geography

  • Subdivision Tract Number: 2062
  • Parcel: 250-125-023
  • Lot: 11
  • Municipality: RIVERSIDE
  • Latitude: 33.9857
  • Longitude: -117.335

    Address

  • Full Address: 1070 Minerva Ct
  • Address - House Number: 1070
  • Address - Street Name: Minerva
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Riverside
  • Carrier Code: C008
  • 4-Digit Zip Code: 2835
  • Zip Code: 92507

Valuation

    Tax

  • Total Area: 1,400
  • Tax Year: 2023
  • Tax Amount: $2,960
  • Tax Rate Code Area: 009-002

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 75
  • Final Value: 621,789
  • High Value: 736,445
  • Low Value: 507,133

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $190,000
  • First Open Lien Mortgage Lender: CATHAY BANK
  • First Open Lien Mortgage Recording Date: Jan 06, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $190,000
  • 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: Feb 01, 2050

    Market Valuation

  • Market Total Value: $448,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,383
  • Assessed Land Value: $94,684
  • Assessed Improvements Value: $165,699

    Sales

  • Current Sale Contract Date: Nov 20, 2012
  • Current Sale Recording Date: Nov 30, 2012
  • Current Sale Transaction ID: 1042128317
  • Current Sale Price: $220,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2012-0582408

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Frequently Asked Questions

What neighborhood is 1070 Minerva Court located in?
The 1070 Minerva Court is a located in the neighborhood of University in University, Riverside.
What is the average sales price for listings in 1070 Minerva Court?
The average sales price for units in 1070 Minerva Court is $0 currently.

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