Check Availability

6846 Palm Avenue

6846 Palm Avenue, Riverside, CA 92506
Property in Magnolia Center
Sold Oct 23, 2017
$405,000
$357,600 by Bridgelock Capital
Mortgage Due Jun 01, 2051
Sold Nov 17, 2015
$275,000
$270,019 by Paramount Residential Mortgage
Mortgage
6846 Palm Avenue in Riverside, CA was first built in 1949 and is 75 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 6846 Palm Avenue has 1,486 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 9,148 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 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 260 sqft. There is one available parking space. 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 masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of block. 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, 6846 Palm Avenue was last sold in Oct 20, 2017 for $405,000. According to our calculations, that's $198.63 per sqft. Prior to that sales transaction, the property was sold for $275,000 in Sep 17, 2015. Current property owners are expected to pay $4,911 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 6846 Palm Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $442,923. To break that down further, the land itself was valued at $76,554. While improvements to the property were assessed at a total of $366,369. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Block
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 260
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 2,039
  • Gross Building Area: 2,039
  • Building Area: 1,486
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,486
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PALM ADD
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .21 ACRES M/L IN LOT 21 MB 006/050 PALM ADD AND POR SW 1/4 OF SEC 34 T2S R5W FOR TOTAL DESCRIPTION SEE ASSESSORS MAPS

Ownership

  • Current Owner : KNIGHT MIRANDA ALYCIA
  • Current Owner 2: SARINANA ALEXANDER PATRICK
  • Previous Owner : HUSTAD HEATH
  • Previous Owner 2: HUSTAD RAMOS JACKIE JAY
  • Owner Before Previous Owner: BEACH DAVEY JAMES
  • Owner Before Previous Owner 2: BEACH DAVEY JACLYN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Riverside Unified School District
  • Census Tract: 031100

Zoning

  • Zoning: R1065

Geography

  • Parcel: 225-282-001
  • Lot: 21
  • Meridian: SEC 34 TWN 02S RNG 05W
  • Municipality: RIVERSIDE
  • Latitude: 33.949
  • Longitude: -117.401

    Address

  • Full Address: 6846 Palm Ave
  • Address - House Number: 6846
  • Address - Street Name: Palm
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Riverside
  • Carrier Code: C013
  • 4-Digit Zip Code: 2812
  • Zip Code: 92506

Valuation

    Tax

  • Total Area: 1,696
  • Tax Year: 2023
  • Tax Amount: $4,911
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 009-128

    Appraisal Valuation

  • Standard Deviation: 0.1802
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 641,114
  • High Value: 756,670
  • Low Value: 525,558

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $357,600
  • First Open Lien Mortgage Lender: BRIDGELOCK CAPITAL
  • First Open Lien Mortgage Recording Date: May 28, 2021
  • First Open Lien Mortgage Loan Amount: $357,600
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $492,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $442,923
  • Assessed Land Value: $76,554
  • Assessed Improvements Value: $366,369

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 20, 2017
  • Current Sale Recording Date: Oct 23, 2017
  • Current Sale Transaction ID: 1397673639
  • Current Sale Price: $405,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2017-0440177
  • Previous Sale Recording Date: Nov 17, 2015
  • Previous Sale Contract Date: Sep 17, 2015
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRIDGELOCK CAPITAL
  • First Mortgage Transaction Date: Oct 23, 2017
  • First Mortgage Loan Amount: $370,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • Previous Mortgage Transaction Date: Nov 17, 2015
  • Previous Mortgage Loan Amount: $270,019
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Magnolia Center



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 4570 Beatty Drive, Riverside, CA, 92506

$2,975 /mo

  • 2 Beds
  • 1 Bath
  • 1,288 ft²
4570 Beatty Drive, Riverside, CA, 92506 Listing by KRISTINA RHOADS
Unit for rent at 6849 Yellowstone Drive, Riverside, CA, 92506

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,186 ft²
6849 Yellowstone Drive, Riverside, CA, 92506 Listing by JACQUELINE DALTON

Frequently Asked Questions

What neighborhood is 6846 Palm Avenue located in?
The 6846 Palm Avenue is a located in the neighborhood of Magnolia Center in Magnolia Center, Riverside.
What is the average sales price for listings in 6846 Palm Avenue?
The average sales price for units in 6846 Palm Avenue is $0 currently.

Quantcast