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5504 Wayman Street

5504 Wayman Street, Riverside, CA 92504
Property in Phoenix Plaza
Sold Mar 25, 2021
$476,000
$467,378 by Homebridge Financial Services
Mortgage Due Apr 01, 2051
Local assessors in Riverside, CA have categorized 5504 Wayman Street as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 8,276 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5504 Wayman Street has a total of 1,150 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of gravel/rock. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. 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, 5504 Wayman Street sold most recently in Feb 22, 2021 for a total of $476,000. If you work out the math, that's approximately a cost of $413.91 per sqft. 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 $5,570 in taxes each year. The initial year of tax delinquency occurred in 2022. 5504 Wayman Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $495,230. If we break it down further, the land itself was valued at $93,636. Improvements to the property, however, were assessed at a total of $401,594. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,150
  • Gross Building Area: 1,150
  • Building Area: 1,150
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,150
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PHOENIX PLAZA
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 90 MB 027/011 PHOENIX PLAZA

Ownership

  • Current Owner : LIMON FRANCISCO
  • Current Owner 2: LIMON REFUGIO
  • Previous Owner : GARCIA GILBERT
  • Previous Owner 2: GARCIA GLENDA
  • 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: 031002

Zoning

  • Zoning: R1

Geography

  • Parcel: 190-243-001
  • Lot: 90
  • Municipality: RIVERSIDE
  • Latitude: 33.9498
  • Longitude: -117.423

    Address

  • Full Address: 5504 Wayman St
  • Address - House Number: 5504
  • Address - Street Name: Wayman
  • Address - Suffix Type: St
  • State: CA
  • City Name: Riverside
  • Carrier Code: C114
  • 4-Digit Zip Code: 2130
  • Zip Code: 92504

Valuation

    Tax

  • Total Area: 1,150
  • Tax Year: 2023
  • Tax Amount: $5,570
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 009-002

    Appraisal Valuation

  • Standard Deviation: 0.1802
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 585,127
  • High Value: 690,592
  • Low Value: 479,663

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $467,378
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Mar 25, 2021
  • First Open Lien Mortgage Loan Amount: $467,378
  • 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, 2051

    Market Valuation

  • Market Total Value: $468,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $495,230
  • Assessed Land Value: $93,636
  • Assessed Improvements Value: $401,594

    Sales

  • Current Sale Contract Date: Feb 22, 2021
  • Current Sale Recording Date: Mar 25, 2021
  • Current Sale Transaction ID: 11827247578
  • Current Sale Price: $476,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0190331

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Mar 25, 2021
  • First Mortgage Loan Amount: $467,378
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051

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Frequently Asked Questions

What neighborhood is 5504 Wayman Street located in?
The 5504 Wayman Street is a located in the neighborhood of Phoenix Plaza in Riverside Airport, Riverside.
What is the average sales price for listings in 5504 Wayman Street?
The average sales price for units in 5504 Wayman Street is $0 currently.

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