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238 Transit Avenue

238 Transit Avenue, Riverside, CA 92507
Property in Highgrove
Sold Dec 03, 2021
$495,000
$485,601 by Genhome Mortgage Corp
Mortgage Due Dec 01, 2051
Sold Apr 23, 2020
Transfer
$236,060 by Royal Pacific Funding Corpo
Mortgage Due May 01, 2050
238 Transit Avenue in Riverside, CA was first built in 1890 and is 134 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 238 Transit Avenue has 1,878 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 11,761 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. The property is connected to a sewer system. For those who need parking, there is a carport. The garage is 360 sqft. There is one available parking space. 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. 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. The property was last sold in Oct 18, 2021 for $495,000. That's $263.58 per sqft. 238 Transit Avenue was last assessed in 2023. The total value of the property was assessed at $504,900. Specifically, the land the property is located on was valued at $76,500. While improvements on the property were assessed at a total of $428,400. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $5,729. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1890
  • Effective Year Built: 1890
  • 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: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 1,878
  • Gross Building Area: 1,878
  • Building Area: 1,878
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,878
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EAST RIVERSIDE
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .27 ACRES M/L IN LOTS 3, 4 & 5 BLK 10 MB 007/033 SB EAST RIVERSIDE

Ownership

  • Current Owner : ALVAREZ JUAN RAMON
  • Previous Owner : ORELLANA HUGO
  • Previous Owner 2: ALVAREZ REINA A
  • Owner Before Previous Owner: ALVAREZ REINA A
  • Owner Before Previous Owner 2: ORELLANA HUGO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Riverside Unified School District
  • Census Tract: 042300

Zoning

  • Zoning: R3

Geography

  • Parcel: 247-062-015
  • Block: 10
  • Lot: 5
  • Municipality: RIVERSIDE
  • Latitude: 34.0166
  • Longitude: -117.333

    Address

  • Full Address: 238 Transit Ave
  • Address - House Number: 238
  • Address - Street Name: Transit
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Riverside
  • Carrier Code: C068
  • 4-Digit Zip Code: 1137
  • Zip Code: 92507

Valuation

    Tax

  • Total Area: 1,878
  • Tax Year: 2023
  • Tax Amount: $5,729
  • Tax Rate Code Area: 088-044

    Appraisal Valuation

  • Standard Deviation: 0.2428
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 65
  • Final Value: 473,459
  • High Value: 588,421
  • Low Value: 358,496

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $485,601
  • First Open Lien Mortgage Lender: GENHOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Dec 03, 2021
  • First Open Lien Mortgage Loan Amount: $485,601
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $436,410

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $504,900
  • Assessed Land Value: $76,500
  • Assessed Improvements Value: $428,400

    Sales

  • Current Sale Contract Date: Oct 18, 2021
  • Current Sale Recording Date: Dec 03, 2021
  • Current Sale Transaction ID: 11873375652
  • Current Sale Price: $495,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0714626
  • Previous Sale Recording Date: Apr 23, 2020
  • Previous Sale Contract Date: Apr 10, 2020
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: GENHOME MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 03, 2021
  • First Mortgage Loan Amount: $485,601
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ROYAL PACIFIC FUNDING CORPO
  • Previous Mortgage Transaction Date: Apr 23, 2020
  • Previous Mortgage Loan Amount: $236,060
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2050

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Frequently Asked Questions

What neighborhood is 238 Transit Avenue located in?
The 238 Transit Avenue is a located in the neighborhood of Highgrove in Highgrove, Riverside.
What is the average sales price for listings in 238 Transit Avenue?
The average sales price for units in 238 Transit Avenue is $0 currently.

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