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3081 Locust Street

3081 Locust Street, Riverside, CA 92501
Property in Montecito
Sold May 20, 1999
$105,000
$528,000 by Financial Freedom Senior Fundi
Mortgage Due Mar 07, 2036
Sold May 27, 1994
$189,000
$93,712 by South Pacific Fin
Mortgage Due Jun 01, 2024
3081 Locust Street in Riverside, CA was first built in 1924 and is 100 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3081 Locust Street has 990 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 7,841 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 carport. The garage is 360 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. 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. The property was last sold in Apr 26, 1999 for $105,000. That's $100.00 per sqft. Prior to that sales transaction, the property was also sold in May 4, 1994 for $189,000. 3081 Locust Street was last assessed in 2023. The total value of the property was assessed at $151,897. Specifically, the land the property is located on was valued at $65,328. While improvements on the property were assessed at a total of $86,569. 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 $1,754. 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: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Wood
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 360
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,050
  • Gross Building Area: 1,050
  • Building Area: 990
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 990
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MONTECITO TR
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 7 MB 005/159 MONTECITO TR

Ownership

  • Current Owner : HICKS THERESA I
  • Previous Owner : CAMACHO ANN L
  • Owner Before Previous Owner: CELSE CRAIG M

Neighborhood

  • School District Name: Riverside Unified School District
  • Census Tract: 030200

Zoning

  • Zoning: R1065

Geography

  • Parcel: 207-105-010
  • Lot: 7
  • Municipality: RIVERSIDE
  • Latitude: 33.9918
  • Longitude: -117.376

    Address

  • Full Address: 3081 Locust St
  • Address - House Number: 3081
  • Address - Street Name: Locust
  • Address - Suffix Type: St
  • State: CA
  • City Name: Riverside
  • Carrier Code: C009
  • 4-Digit Zip Code: 2353
  • Zip Code: 92501

Valuation

    Tax

  • Total Area: 990
  • Tax Year: 2023
  • Tax Amount: $1,754
  • Tax Rate Code Area: 009-000

    Appraisal Valuation

  • Standard Deviation: 0.197
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 539,570
  • High Value: 645,885
  • Low Value: 433,254

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $528,000
  • First Open Lien Mortgage Lender: FINANCIAL FREEDOM SENIOR FUNDI
  • First Open Lien Mortgage Recording Date: Mar 07, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $528,000
  • First Open Lien Mortgage Term: 999
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Mar 07, 2036

    Market Valuation

  • Market Total Value: $364,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $151,897
  • Assessed Land Value: $65,328
  • Assessed Improvements Value: $86,569

    Sales

  • Current Sale Contract Date: Apr 26, 1999
  • Current Sale Recording Date: May 20, 1999
  • Current Sale Transaction ID: 1038963632
  • Current Sale Price: $105,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 1999-219518
  • Previous Sale Recording Date: May 27, 1994
  • Previous Sale Contract Date: May 04, 1994
  • Previous Sale Amount: $189,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONAL PACIFIC MTG
  • First Mortgage Transaction Date: May 20, 1999
  • First Mortgage Loan Amount: $104,302
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2029

    Previous Mortgages

  • Previous Mortgage Lender: SOUTH PACIFIC FIN
  • Previous Mortgage Transaction Date: May 27, 1994
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $93,712
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2024

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Frequently Asked Questions

What neighborhood is 3081 Locust Street located in?
The 3081 Locust Street is a located in the neighborhood of Montecito in Downtown Riverside, Riverside.
What is the average sales price for listings in 3081 Locust Street?
The average sales price for units in 3081 Locust Street is $0 currently.

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