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2920 Newgate Court

2920 Newgate Court, Riverside, CA 92506
Property in Victoria
Sold Dec 03, 2021
$510,000
$408,000 by Flagstar Bank Fsb
Mortgage Due Jan 01, 2052
Sold May 30, 2014
$280,000
$100,000 by New American Funding
Mortgage Due Jun 01, 2044
2920 Newgate Court in Riverside, CA was first built in 1974 and is 50 years old. Although, the building on the property was most recently renovated and altered in 1975. 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 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 2920 Newgate Court has 1,626 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 4,356 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 attached garage. The garage is 483 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 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. 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, 2920 Newgate Court sold most recently in Nov 22, 2021 for a total of $510,000. If you work out the math, that's approximately a cost of $241.82 per sqft. Before that, the property was also sold for $280,000 in Apr 29, 2014. 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 $5,838 in taxes each year. 2920 Newgate Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $520,200. If we break it down further, the land itself was valued at $81,600. Improvements to the property, however, were assessed at a total of $438,600. 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.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Condo
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 483
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 2,109
  • Gross Building Area: 2,109
  • Building Area: 1,626
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,626
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ARTESIA ADDITION TO ARLINGTON
  • Land Acres: 0.1
  • Standard Land Use Code: Condominium unit (residential)
  • County Land Use Code: Right-of-way (not rail, road, or utility)
  • Legal Description 1: LOT 38 MB 079/078 TR 5311-1

Ownership

  • Current Owner : YOUNG NANCY S
  • Previous Owner : MCDANIEL MITCH W
  • Previous Owner 2: MCDANIEL SHERRI L
  • Owner Before Previous Owner: SAWYER THOMAS B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Riverside Unified School District
  • Census Tract: 031200

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 5311-1
  • Parcel: 235-260-038
  • Lot: 38
  • Municipality: RIVERSIDE
  • Latitude: 33.9449
  • Longitude: -117.373

    Address

  • Full Address: 2920 Newgate Ct
  • Address - House Number: 2920
  • Address - Street Name: Newgate
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Riverside
  • Carrier Code: C032
  • 4-Digit Zip Code: 4550
  • Zip Code: 92506

Valuation

    Tax

  • Total Area: 1,626
  • Tax Year: 2023
  • Tax Amount: $5,838
  • Tax Rate Code Area: 009-002

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 75
  • Final Value: 538,749
  • High Value: 638,869
  • Low Value: 438,630

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $408,000
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Dec 03, 2021
  • First Open Lien Mortgage Loan Amount: $408,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $448,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $520,200
  • Assessed Land Value: $81,600
  • Assessed Improvements Value: $438,600

    Sales

  • Current Sale Contract Date: Nov 22, 2021
  • Current Sale Recording Date: Dec 03, 2021
  • Current Sale Transaction ID: 11873375639
  • Current Sale Price: $510,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0716087
  • Previous Sale Recording Date: May 30, 2014
  • Previous Sale Contract Date: Apr 29, 2014
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK FSB
  • First Mortgage Transaction Date: Dec 03, 2021
  • First Mortgage Loan Amount: $408,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: NEW AMERICAN FUNDING
  • Previous Mortgage Transaction Date: May 30, 2014
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2044

About Victoria



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Frequently Asked Questions

What neighborhood is 2920 Newgate Court located in?
The 2920 Newgate Court is a located in the neighborhood of Victoria in Victoria, Riverside.
What is the average sales price for listings in 2920 Newgate Court?
The average sales price for units in 2920 Newgate Court is $0 currently.

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