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2860 Tropicana Drive

2860 Tropicana Drive, Riverside, CA 92504
Sold Apr 11, 2003
$160,000
$40,000 by Wholesale Capital Corp
Mortgage Due Oct 26, 2035
2860 Tropicana Drive in Riverside, CA was first built in 1977 and is 47 years old. Although, the building on the property was most recently renovated and altered in 1978. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 2860 Tropicana Drive has 1,284 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 2,178 square feet.

Learn more about the property and building on this page. The roof of the home is made of wood shake/ shingles. 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 detached garage. The garage is 420 sqft. There are a total of 2 available parking spaces. 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 condition of the building has been evaluated as excellent. The exterior walls of the home are made of block. 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. 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, 2860 Tropicana Drive was last sold in Mar 18, 2003 for $160,000. According to our calculations, that's $122.32 per sqft. Current property owners are expected to pay $2,441 in taxes per year. The property on 2860 Tropicana Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $222,707. To break that down further, the land itself was valued at $69,588. While improvements to the property were assessed at a total of $153,119. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1977
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Construction Type: Wood
  • Building Style: Condo
  • Exterior Walls Type: Block
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,178
  • Total Building Area: 1,308
  • Gross Building Area: 1,308
  • Building Area: 1,284
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,284
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.5
  • Standard Land Use Code: Condominium unit (residential)
  • County Land Use Code: Right-of-way (not rail, road, or utility)
  • Legal Description 1: LOT 145 MB 076/044 TR 4356 & INT IN COMMON AREAS

Ownership

  • Current Owner : SMITH NANCY S
  • Previous Owner : PAYNE CAROL A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Riverside Unified School District
  • Census Tract: 031704

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 4356
  • Parcel: 238-041-055
  • Lot: 145
  • Municipality: RIVERSIDE
  • Latitude: 33.9149
  • Longitude: -117.422

    Address

  • Full Address: 2860 Tropicana Dr
  • Address - House Number: 2860
  • Address - Street Name: Tropicana
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Riverside
  • Carrier Code: C006
  • 4-Digit Zip Code: 4206
  • Zip Code: 92504

Valuation

    Tax

  • Total Area: 1,284
  • Tax Year: 2023
  • Tax Amount: $2,441
  • Tax Rate Code Area: 009-002

    Appraisal Valuation

  • Standard Deviation: 0.2374
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 468,529
  • High Value: 579,802
  • Low Value: 357,257

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $40,000
  • First Open Lien Mortgage Lender: WHOLESALE CAPITAL CORP
  • First Open Lien Mortgage Recording Date: Oct 27, 2005
  • First Open Lien Mortgage Loan Amount: $40,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Oct 26, 2035

    Market Valuation

  • Market Total Value: $339,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $222,707
  • Assessed Land Value: $69,588
  • Assessed Improvements Value: $153,119

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 18, 2003
  • Current Sale Recording Date: Apr 11, 2003
  • Current Sale Transaction ID: 1033012224
  • Current Sale Price: $160,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2003-257125

    Last Sale Mortgage

  • First Mortgage Lender: WHOLESALE CAPITAL CORP
  • First Mortgage Transaction Date: Apr 11, 2003
  • First Mortgage Loan Amount: $155,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: May 01, 2033
  • Second Mortgage Loan Amount: $8,400

About Presidential Park



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Frequently Asked Questions

What neighborhood is 2860 Tropicana Drive located in?
The 2860 Tropicana Drive is a located in the neighborhood of Presidential Park in Presidential Park, Riverside.
What is the average sales price for listings in 2860 Tropicana Drive?
The average sales price for units in 2860 Tropicana Drive is $0 currently.

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