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156 Cottonwood Avenue

156 Cottonwood Avenue, Riverside, CA 92506
Property in Mission Grove
Sold Mar 13, 2008
$409,000
$283,000 by Monarch Funding Corp
Mortgage Due May 01, 2043
Sold Apr 20, 2007
$539,409
Local assessors in Riverside, CA have categorized 156 Cottonwood Avenue as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 10,454 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 156 Cottonwood Avenue has a total of 2,868 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 630 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a roof that is made of tile. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jan 25, 2008 for $409,000. That's $114.79 per sqft. Prior to that sales transaction, the property was also sold in Apr 17, 2007 for $539,409. 156 Cottonwood Avenue was last assessed in 2023. The total value of the property was assessed at $560,179. Specifically, the land the property is located on was valued at $126,239. While improvements on the property were assessed at a total of $433,940. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $8,359. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 630
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 3,563
  • Gross Building Area: 3,563
  • Building Area: 2,868
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,868
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 32139
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .24 ACRES M/L IN LOT 6 MB 387/063 TR 32139

Ownership

  • Current Owner : RUSSELL WILLIAM C
  • Current Owner 2: RUSSELL CORRINE K
  • Previous Owner : GMAC MORTGAGE LLC
  • Owner Before Previous Owner: HAMMAR MATTHEW W
  • Owner Before Previous Owner 2: MCMILLON RENEE L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Subdivision Tract Number: 32139
  • Parcel: 272-072-026
  • Lot: 6
  • Municipality: RIVERSIDE
  • Latitude: 33.924
  • Longitude: -117.329

    Address

  • Full Address: 156 Cottonwood Ave
  • Address - House Number: 156
  • Address - Street Name: Cottonwood
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Riverside
  • Carrier Code: C040
  • 4-Digit Zip Code: 6101
  • Zip Code: 92506

Valuation

    Tax

  • Total Area: 2,868
  • Tax Year: 2023
  • Tax Amount: $8,359
  • Tax Rate Code Area: 009-024

    Appraisal Valuation

  • Standard Deviation: 0.1993
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 828,725
  • High Value: 993,969
  • Low Value: 663,481

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $521,500
  • First Open Lien Mortgage Lender: MONARCH FUNDING CORP
  • First Open Lien Mortgage Recording Date: May 01, 2013
  • First Open Lien Mortgage Loan Amount: $283,000
  • 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: May 01, 2043
  • Second Open Lien Mortgage Lender: SYNERGY ONE LENDING
  • Second Open Lien Mortgage Recording Date: Mar 30, 2020
  • Second Open Lien Mortgage Loan Amount: $238,500
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2035

    Market Valuation

  • Market Total Value: $605,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $560,179
  • Assessed Land Value: $126,239
  • Assessed Improvements Value: $433,940

    Sales

  • Current Sale Contract Date: Jan 25, 2008
  • Current Sale Recording Date: Mar 13, 2008
  • Current Sale Transaction ID: 1047935856
  • Current Sale Price: $409,000
  • Current Sale Document Type: Corporation Deed
  • Current Sale Input Document Number: 2008-0123776
  • Previous Sale Recording Date: Apr 20, 2007
  • Previous Sale Contract Date: Apr 17, 2007
  • Previous Sale Amount: $539,409
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE BANK FSB
  • First Mortgage Transaction Date: Mar 13, 2008
  • First Mortgage Loan Amount: $298,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Mar 01, 2038

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Frequently Asked Questions

What neighborhood is 156 Cottonwood Avenue located in?
The 156 Cottonwood Avenue is a located in the neighborhood of Mission Grove in Mission Grove, Riverside.
What is the average sales price for listings in 156 Cottonwood Avenue?
The average sales price for units in 156 Cottonwood Avenue is $0 currently.

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