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5475 Inspiration Drive

5475 Inspiration Drive, Riverside, CA 92506
Property in Victoria
Sold May 29, 2014
$386,000
$412,000 by Mountain West Financial Inc
Mortgage Due Aug 01, 2049
5475 Inspiration Drive in Riverside, CA was first built in 1968 and is 56 years old. Although, the building on the property was most recently renovated and altered in 1969. 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, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 5475 Inspiration Drive has 1,980 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 14,810 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 asphalt and ply sheets in a built-up roof style. 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 667 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. The property was last sold in Apr 23, 2014 for $386,000. That's $132.78 per sqft. 5475 Inspiration Drive was last assessed in 2023. The total value of the property was assessed at $454,798. Specifically, the land the property is located on was valued at $100,147. While improvements on the property were assessed at a total of $354,651. 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 $5,120. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1968
  • Effective Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 667
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 2,907
  • Gross Building Area: 2,907
  • Building Area: 1,980
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,980
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 3737
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 16 MB 059/007 TR 3737

Ownership

  • Current Owner : STEPHENSON LEWANE MICHAEL
  • Previous Owner : JOHNSON WESLEY E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Riverside Unified School District
  • Census Tract: 030602

Zoning

  • Zoning: R1065

Geography

  • Subdivision Tract Number: 3737
  • Parcel: 222-184-002
  • Lot: 16
  • Municipality: RIVERSIDE
  • Latitude: 33.9523
  • Longitude: -117.362

    Address

  • Full Address: 5475 Inspiration Dr
  • Address - House Number: 5475
  • Address - Street Name: Inspiration
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Riverside
  • Carrier Code: C033
  • 4-Digit Zip Code: 3434
  • Zip Code: 92506

Valuation

    Tax

  • Total Area: 1,980
  • Tax Year: 2023
  • Tax Amount: $5,120
  • Tax Rate Code Area: 009-002

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 78
  • Final Value: 770,709
  • High Value: 900,740
  • Low Value: 640,677

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $554,400
  • First Open Lien Mortgage Lender: MOUNTAIN WEST FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Jul 08, 2019
  • First Open Lien Mortgage Loan Amount: $412,000
  • 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: Aug 01, 2049
  • Second Open Lien Mortgage Lender: ALTA VISTA CU
  • Second Open Lien Mortgage Recording Date: Jul 13, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $142,400
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 17, 2051

    Market Valuation

  • Market Total Value: $598,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $454,798
  • Assessed Land Value: $100,147
  • Assessed Improvements Value: $354,651

    Sales

  • Current Sale Contract Date: Apr 23, 2014
  • Current Sale Recording Date: May 29, 2014
  • Current Sale Transaction ID: 1037803398
  • Current Sale Price: $386,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2014-0197871

    Last Sale Mortgage

  • First Mortgage Lender: MOUNTAIN WEST FINANCIAL INC
  • First Mortgage Transaction Date: May 29, 2014
  • First Mortgage Loan Amount: $366,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2044

About Victoria



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Frequently Asked Questions

What neighborhood is 5475 Inspiration Drive located in?
The 5475 Inspiration Drive is a located in the neighborhood of Victoria in Victoria, Riverside.
What is the average sales price for listings in 5475 Inspiration Drive?
The average sales price for units in 5475 Inspiration Drive is $0 currently.

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