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4379 Drexel Avenue

4379 Drexel Avenue, Riverside, CA 92505
Property in La Sierra
Sold Mar 18, 2022
$678,000
$561,000 by Ahl Funding
Mortgage Due Apr 01, 2052
Sold Mar 30, 2021
$420,000
$373,000 by Trilion Capital Fund Llc
Mortgage
4379 Drexel Avenue in Riverside, CA was first built in 1963 and is 61 years old. Although, the building on the property was most recently renovated and altered in 1964. 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, 5 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 4379 Drexel Avenue has 1,220 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 8,712 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 475 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, 4379 Drexel Avenue sold most recently in Feb 23, 2022 for a total of $678,000. If you work out the math, that's approximately a cost of $264.33 per sqft. Before that, the property was also sold for $420,000 in Mar 11, 2021. 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 $8,404 in taxes each year. 4379 Drexel Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $691,559. If we break it down further, the land itself was valued at $172,891. Improvements to the property, however, were assessed at a total of $518,668. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1963
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 475
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 2,565
  • Gross Building Area: 2,565
  • Building Area: 1,220
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,220
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 2594
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: POR LOTS 36 & 38 AND LOT 37 MB 046/095 TR 2594

Ownership

  • Current Owner : VUU TIEN MINH
  • Previous Owner : J & A ACQUISITIONS GROUP LLC
  • Owner Before Previous Owner: YOCOM RONALD J
  • Owner Before Previous Owner 2: WILBUR G ROSS REVOCABLE TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Alvord Unified School District
  • Census Tract: 040901

Zoning

  • Zoning: R1065

Geography

  • Subdivision Tract Number: 2594
  • Parcel: 142-063-019
  • Lot: 38
  • Municipality: RIVERSIDE
  • Latitude: 33.9135
  • Longitude: -117.482

    Address

  • Full Address: 4379 Drexel Ave
  • Address - House Number: 4379
  • Address - Street Name: Drexel
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Riverside
  • Carrier Code: C036
  • 4-Digit Zip Code: 2931
  • Zip Code: 92505

Valuation

    Tax

  • Total Area: 1,990
  • Tax Year: 2023
  • Tax Amount: $8,404
  • Tax Rate Code Area: 009-175

    Appraisal Valuation

  • Standard Deviation: 0.179
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 678,499
  • High Value: 799,997
  • Low Value: 557,000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $561,000
  • First Open Lien Mortgage Lender: AHL FUNDING
  • First Open Lien Mortgage Recording Date: Mar 18, 2022
  • First Open Lien Mortgage Loan Amount: $561,000
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $592,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $691,559
  • Assessed Land Value: $172,891
  • Assessed Improvements Value: $518,668

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 23, 2022
  • Current Sale Recording Date: Mar 18, 2022
  • Current Sale Transaction ID: 11888266740
  • Current Sale Price: $678,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 132951
  • Previous Sale Recording Date: Mar 30, 2021
  • Previous Sale Contract Date: Mar 11, 2021
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AHL FUNDING
  • First Mortgage Transaction Date: Mar 18, 2022
  • First Mortgage Loan Amount: $561,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: TRILION CAPITAL FUND LLC
  • Previous Mortgage Transaction Date: Mar 30, 2021
  • Previous Mortgage Loan Amount: $373,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 4379 Drexel Avenue located in?
The 4379 Drexel Avenue is a located in the neighborhood of La Sierra in La Sierra, Riverside.
What is the average sales price for listings in 4379 Drexel Avenue?
The average sales price for units in 4379 Drexel Avenue is $0 currently.

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