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4765 Merrill Avenue

4765 Merrill Avenue, Riverside, CA 92506
Property in Magnolia Manor
Sold Feb 06, 2009
$140,000
$150,000 by Loandepot.com Llc
Mortgage Due Jul 01, 2051
Sold May 02, 2008
$138,400
4765 Merrill Avenue has been categorized by the local assessors in Riverside, CA as a residential type of property. The building on the property was first built in 1951 and is 73 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4765 Merrill Avenue has 957 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,841 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 360 sqft. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of gravel/rock. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 4765 Merrill Avenue sold most recently in Jan 12, 2009 for a total of $140,000. If you work out the math, that's approximately a cost of $100.79 per sqft. Before that, the property was also sold for $138,400 in Apr 29, 2008. 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 $3,127 in taxes each year. The initial year of tax delinquency occurred in 2020. 4765 Merrill Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $275,446. If we break it down further, the land itself was valued at $88,707. Improvements to the property, however, were assessed at a total of $186,739. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.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: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,389
  • Gross Building Area: 1,389
  • Building Area: 957
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 957
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MAGNOLIA MANOR
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 127 MB 023/067 MAGNOLIA MANOR

Ownership

  • Current Owner : MARTINEZ ANTHONY
  • Current Owner 2: MARTINEZ ANTHONY B
  • Previous Owner : MERRILL AVENUE TRUST #4765
  • Owner Before Previous Owner: SWENSRUD GEORGE A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Riverside Unified School District
  • Census Tract: 031001

Zoning

  • Zoning: R1065

Geography

  • Parcel: 226-311-027
  • Lot: 127
  • Municipality: RIVERSIDE
  • Latitude: 33.9562
  • Longitude: -117.407

    Address

  • Full Address: 4765 Merrill Ave
  • Address - House Number: 4765
  • Address - Street Name: Merrill
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Riverside
  • Carrier Code: C010
  • 4-Digit Zip Code: 2362
  • Zip Code: 92506

Valuation

    Tax

  • Total Area: 957
  • Tax Year: 2023
  • Tax Amount: $3,127
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 009-000

    Appraisal Valuation

  • Standard Deviation: 0.1974
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 552,374
  • High Value: 661,446
  • Low Value: 443,302

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Jul 02, 2021
  • First Open Lien Mortgage Loan Amount: $150,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $270,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $275,446
  • Assessed Land Value: $88,707
  • Assessed Improvements Value: $186,739

    Sales

  • Current Sale Contract Date: Jan 12, 2009
  • Current Sale Recording Date: Feb 06, 2009
  • Current Sale Transaction ID: 1040522818
  • Current Sale Price: $140,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2009-0057410
  • Previous Sale Recording Date: May 02, 2008
  • Previous Sale Contract Date: Apr 29, 2008
  • Previous Sale Amount: $138,400
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: MONARCH FUNDING CORP
  • First Mortgage Transaction Date: Feb 06, 2009
  • First Mortgage Loan Amount: $137,464
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2039

About Magnolia Center



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Frequently Asked Questions

What neighborhood is 4765 Merrill Avenue located in?
The 4765 Merrill Avenue is a located in the neighborhood of Magnolia Manor in Magnolia Center, Riverside.
What is the average sales price for listings in 4765 Merrill Avenue?
The average sales price for units in 4765 Merrill Avenue is $0 currently.

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