Sold Mar 26, 2021
$340,000
$333,841
by Royal Pacific Funding Corp
Mortgage Due Apr 01, 2051
Sold Oct 28, 2020
$219,000
Seller
1225 Palmer Street in Riverside, CA was first built in 1948 and is 76 years old.
This has been categorized as a residential property type.
It is a single story home.
There are a total of 4 rooms in the home, of which, 2 are bedrooms.
In terms of bathrooms, there is only one bathroom.
There is a 1 partial bathroom.
1225 Palmer Street has 896 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.
In total, the area measurement of the land is 6,098 square feet.
Learn more about the property and building on this page. The roof of the home is made of gravel/rock. Water for the property is sourced from a water system. For those who need parking, there is a carport. 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 wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1225 Palmer Street sold most recently in Feb 22, 2021 for a total of $340,000. If you work out the math, that's approximately a cost of $314.81 per sqft. Before that, the property was also sold for $219,000 in Oct 20, 2020. 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 $4,062 in taxes each year. The initial year of tax delinquency occurred in 2019. 1225 Palmer Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $353,736. If we break it down further, the land itself was valued at $78,030. Improvements to the property, however, were assessed at a total of $275,706. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.
Learn more about the property and building on this page. The roof of the home is made of gravel/rock. Water for the property is sourced from a water system. For those who need parking, there is a carport. 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 wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1225 Palmer Street sold most recently in Feb 22, 2021 for a total of $340,000. If you work out the math, that's approximately a cost of $314.81 per sqft. Before that, the property was also sold for $219,000 in Oct 20, 2020. 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 $4,062 in taxes each year. The initial year of tax delinquency occurred in 2019. 1225 Palmer Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $353,736. If we break it down further, the land itself was valued at $78,030. Improvements to the property, however, were assessed at a total of $275,706. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.
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