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5123 Monterey Road

5123 Monterey Road, Riverside, CA 92506
Property in Monterey Heights
Sold Jul 05, 2022
$332,272
Sold Jul 05, 2022
$630,000
5123 Monterey Road in Riverside, CA was first built in 1955 and is 69 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, 7 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 5123 Monterey Road has 3,236 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 16,988 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 369 sqft. There are a total of 5 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. 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, 5123 Monterey Road was last sold in Jun 20, 2022 for $332,272. According to our calculations, that's $102.68 per sqft. Prior to that sales transaction, the property was sold for $630,000 in Jun 13, 2022. Current property owners are expected to pay $7,512 in taxes per year. The property on 5123 Monterey Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $670,000. To break that down further, the land itself was valued at $90,000. While improvements to the property were assessed at a total of $580,000. 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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 7
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 369
  • Parking Space Count: 5

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 3,236
  • Gross Building Area: 3,236
  • Building Area: 3,236
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,236
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MONTEREY HTS
  • Land Acres: 0.39
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .39 ACRES M/L IN POR LOT 11 MB 018/095 MONTEREY HTS

Ownership

  • Current Owner : HOUZINA LLC
  • Previous Owner : BEAR FLAG HOMES LLC
  • Owner Before Previous Owner: ANNA RODRIGUEZ PATRICIA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Riverside Unified School District
  • Census Tract: 030603

Zoning

  • Zoning: R1065

Geography

  • Parcel: 219-301-005
  • Lot: 11
  • Municipality: RIVERSIDE
  • Latitude: 33.9588
  • Longitude: -117.377

    Address

  • Full Address: 5123 Monterey Rd
  • Address - House Number: 5123
  • Address - Street Name: Monterey
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Riverside
  • Carrier Code: C047
  • 4-Digit Zip Code: 1422
  • Zip Code: 92506

Valuation

    Tax

  • Total Area: 3,236
  • Tax Year: 2023
  • Tax Amount: $7,512
  • Tax Rate Code Area: 009-000

    Appraisal Valuation

  • Standard Deviation: 0.1802
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 799,721
  • High Value: 943,865
  • Low Value: 655,577

    Market Valuation

  • Market Total Value: $780,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $670,000
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $580,000

    Sales

  • Current Sale Contract Date: Jun 20, 2022
  • Current Sale Recording Date: Jul 05, 2022
  • Current Sale Transaction ID: 11891495143
  • Current Sale Price: $332,272
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 300520
  • Previous Sale Recording Date: Jul 05, 2022
  • Previous Sale Contract Date: Jun 13, 2022
  • Previous Sale Amount: $630,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOTO JAVIER
  • First Mortgage Transaction Date: Jul 05, 2022
  • First Mortgage Loan Amount: $370,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Jul 01, 2023

About Victoria



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Frequently Asked Questions

What neighborhood is 5123 Monterey Road located in?
The 5123 Monterey Road is a located in the neighborhood of Monterey Heights in Victoria, Riverside.
What is the average sales price for listings in 5123 Monterey Road?
The average sales price for units in 5123 Monterey Road is $0 currently.

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