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6501 Farmington Drive

6501 Farmington Drive, Riverside, CA 92504
Property in Magnolia Center
Sold Apr 26, 2021
$180,000
$110,000 by Loandepot.com Llc
Mortgage Due May 01, 2036
Sold Mar 30, 2012
$168,000
$117,600 by Nationstar Mortgage Llc
Mortgage Due Apr 01, 2042
6501 Farmington Drive 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 1983 and is 41 years old. However, we must point out that the home was most recently renovated and altered in 1984. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 6501 Farmington Drive has 1,470 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 8,276 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 667 sqft. According to our sources, there are a total of 2 available parking spaces. 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 tile. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 6501 Farmington Drive sold most recently in Mar 8, 2021 for a total of $180,000. If you work out the math, that's approximately a cost of $80.18 per sqft. Before that, the property was also sold for $168,000 in Feb 21, 2012. 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 $4,865 in taxes each year. 6501 Farmington Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $431,766. 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 $338,130. 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: 1983
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 667
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 2,245
  • Gross Building Area: 2,245
  • Building Area: 1,470
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,470
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 10019
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .19 ACRES NET IN LOT 25 MB 129/024 TR 10019

Ownership

  • Current Owner : NGUYEN SOPHIA HIEN
  • Previous Owner : NGUYEN VINCENT
  • Previous Owner 2: NGUYEN NGANLEN DUY
  • Owner Before Previous Owner: NATIONSTAR MORTGAGE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1065

Geography

  • Subdivision Tract Number: 10019
  • Parcel: 226-111-025
  • Lot: 25
  • Municipality: RIVERSIDE
  • Latitude: 33.955
  • Longitude: -117.418

    Address

  • Full Address: 6501 Farmington Dr
  • Address - House Number: 6501
  • Address - Street Name: Farmington
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Riverside
  • Carrier Code: C120
  • 4-Digit Zip Code: 1864
  • Zip Code: 92504

Valuation

    Tax

  • Total Area: 1,470
  • Tax Year: 2023
  • Tax Amount: $4,865
  • Tax Rate Code Area: 009-000

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 78
  • Final Value: 565,821
  • High Value: 663,070
  • Low Value: 468,571

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $110,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Apr 26, 2021
  • First Open Lien Mortgage Loan Amount: $110,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $286,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $431,766
  • Assessed Land Value: $93,636
  • Assessed Improvements Value: $338,130

    Sales

  • Current Sale Contract Date: Mar 08, 2021
  • Current Sale Recording Date: Apr 26, 2021
  • Current Sale Transaction ID: 11833272633
  • Current Sale Price: $180,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0256489
  • Previous Sale Recording Date: Mar 30, 2012
  • Previous Sale Contract Date: Feb 21, 2012
  • Previous Sale Amount: $168,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Apr 26, 2021
  • First Mortgage Loan Amount: $110,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • Previous Mortgage Transaction Date: Mar 30, 2012
  • Previous Mortgage Loan Amount: $117,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: Apr 01, 2042

About Magnolia Center



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Frequently Asked Questions

What neighborhood is 6501 Farmington Drive located in?
The 6501 Farmington Drive is a located in the neighborhood of Magnolia Center in Magnolia Center, Riverside.
What is the average sales price for listings in 6501 Farmington Drive?
The average sales price for units in 6501 Farmington Drive is $0 currently.

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