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7960 Wood Road

7960 Wood Road, Riverside, CA 92508
Property in Mission Grove
Sold Aug 15, 2008
$595,000
$472,825 by Broker Solutions Inc
Mortgage Due Sep 01, 2050
Sold May 03, 2002
$360,000
$250,000 by Washington Mutual Bank Fa
Mortgage Due May 01, 2032
7960 Wood Road 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 2001 and is 23 years old. However, we must point out that the home was most recently renovated and altered in 2002. The home has a total of 5 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7960 Wood Road has 3,130 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 21,780 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 carport for those who require parking. The garage measured 505 sqft. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. 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. 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. The property was last sold in Jul 18, 2008 for $595,000. That's $172.86 per sqft. Prior to that sales transaction, the property was also sold in Apr 4, 2002 for $360,000. 7960 Wood Road was last assessed in 2023. The total value of the property was assessed at $743,430. Specifically, the land the property is located on was valued at $185,652. While improvements on the property were assessed at a total of $557,778. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $9,356. The initial tax year of delinquency was in 2021. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 2001
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 505
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 3,442
  • Gross Building Area: 3,442
  • Building Area: 3,130
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,130
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 28828 2
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .50 ACRES IN LOT 44 MB 301/016 TR 28828-2

Ownership

  • Current Owner : MILES ROBERT F
  • Current Owner 2: MILES MELINDA
  • Previous Owner : THOMAS CRAIG L
  • Previous Owner 2: THOMAS VALORIE L
  • Owner Before Previous Owner: SHEFFIELD TRAUTWEIN LLC
  • 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: 042012

Geography

  • Subdivision Tract Number: 28828-2
  • Parcel: 276-314-002
  • Lot: 44
  • Municipality: RIVERSIDE
  • Latitude: 33.9067
  • Longitude: -117.331

    Address

  • Full Address: 7960 Wood Rd
  • Address - House Number: 7960
  • Address - Street Name: Wood
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Riverside
  • Carrier Code: R013
  • 4-Digit Zip Code: 6605
  • Zip Code: 92508

Valuation

    Tax

  • Total Area: 3,130
  • Tax Year: 2023
  • Tax Amount: $9,356
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 009-083

    Appraisal Valuation

  • Standard Deviation: 0.1791
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 1,088,986
  • High Value: 1,284,074
  • Low Value: 893,898

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $472,825
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Nov 05, 2020
  • First Open Lien Mortgage Loan Amount: $472,825
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $687,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $743,430
  • Assessed Land Value: $185,652
  • Assessed Improvements Value: $557,778

    Sales

  • Current Sale Contract Date: Jul 18, 2008
  • Current Sale Recording Date: Aug 15, 2008
  • Current Sale Transaction ID: 1042193538
  • Current Sale Price: $595,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2008-0453237
  • Previous Sale Recording Date: May 03, 2002
  • Previous Sale Contract Date: Apr 04, 2002
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN MORTGAGE NETWORK INC
  • First Mortgage Transaction Date: Aug 15, 2008
  • First Mortgage Loan Amount: $395,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 01, 2038

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: May 03, 2002
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 01, 2032

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Frequently Asked Questions

What neighborhood is 7960 Wood Road located in?
The 7960 Wood Road is a located in the neighborhood of Mission Grove in Mission Grove, Riverside.
What is the average sales price for listings in 7960 Wood Road?
The average sales price for units in 7960 Wood Road is $0 currently.

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