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5424 Gridley Way

5424 Gridley Way, Riverside, CA 92505
Property in La Sierra Hills
Sold Mar 21, 2016
$350,000
$343,660 by Prospect Mortgage Llc
Mortgage Due Apr 01, 2046
Sold Nov 25, 2009
$550,000
$284,075 by Bank Of America Na
Mortgage Due Dec 01, 2039
5424 Gridley Way in Riverside, CA was first built in 1983 and is 41 years old. Although, the building on the property was most recently renovated and altered in 1984. 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, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5424 Gridley Way has 1,430 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 10,454 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of tile. 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 486 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, 5424 Gridley Way sold most recently in Feb 23, 2016 for a total of $350,000. If you work out the math, that's approximately a cost of $146.08 per sqft. Before that, the property was also sold for $550,000 in Oct 19, 2009. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,827 in taxes each year. 5424 Gridley Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $398,234. If we break it down further, the land itself was valued at $73,956. Improvements to the property, however, were assessed at a total of $324,278. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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: 1983
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 486
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 2,396
  • Gross Building Area: 2,396
  • Building Area: 1,430
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,430
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .24 ACRES NET IN LOT 16 MB 128/099 TR 10806

Ownership

  • Current Owner : FEGLEY MICHELE A
  • Previous Owner : COSTELLO JOHN
  • Previous Owner 2: COSTELLO SIMONE
  • Owner Before Previous Owner: SMP REALTY HOLDINGS INC
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Alvord Unified School District
  • Census Tract: 040904

Zoning

  • Zoning: R1065

Geography

  • Subdivision Tract Number: 10806
  • Parcel: 149-231-016
  • Lot: 16
  • Municipality: RIVERSIDE
  • Latitude: 33.9283
  • Longitude: -117.497

    Address

  • Full Address: 5424 Gridley Way
  • Address - House Number: 5424
  • Address - Street Name: Gridley
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Riverside
  • Carrier Code: C034
  • 4-Digit Zip Code: 2469
  • Zip Code: 92505

Valuation

    Tax

  • Total Area: 1,910
  • Tax Year: 2023
  • Tax Amount: $4,827
  • Tax Rate Code Area: 009-176

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 79
  • Final Value: 639,619
  • High Value: 745,763
  • Low Value: 533,476

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $443,685
  • First Open Lien Mortgage Lender: PROSPECT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 21, 2016
  • First Open Lien Mortgage Loan Amount: $343,660
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2046
  • Second Open Lien Mortgage Lender: SECRETARY HOUSING URBAN DEVELO
  • Second Open Lien Mortgage Recording Date: Nov 28, 2018
  • Second Open Lien Mortgage Loan Amount: $100,025
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2048

    Market Valuation

  • Market Total Value: $498,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $398,234
  • Assessed Land Value: $73,956
  • Assessed Improvements Value: $324,278

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 23, 2016
  • Current Sale Recording Date: Mar 21, 2016
  • Current Sale Transaction ID: 1473285812
  • Current Sale Price: $350,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016-0108479
  • Previous Sale Recording Date: Nov 25, 2009
  • Previous Sale Contract Date: Oct 19, 2009
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPECT MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 21, 2016
  • First Mortgage Loan Amount: $343,660
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Nov 25, 2009
  • Previous Mortgage Loan Amount: $284,075
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Dec 01, 2039

About La Sierra Hills



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Frequently Asked Questions

What neighborhood is 5424 Gridley Way located in?
The 5424 Gridley Way is a located in the neighborhood of La Sierra Hills in La Sierra Hills, Riverside.
What is the average sales price for listings in 5424 Gridley Way?
The average sales price for units in 5424 Gridley Way is $0 currently.

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