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8437 Penny Drive

8437 Penny Drive, Riverside, CA 92503
Property in Arlington North
Sold Dec 18, 2012
$140,000
$3,730,000 by B2r Finance Lp
Mortgage
Sold Sep 25, 2009
$122,000
8437 Penny Drive in Riverside, CA was first built in 1953 and is 71 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 8437 Penny Drive has 1,164 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 6,970 square feet.

Learn more about the property and building on this page. The roof of the home is made of gravel/rock. 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. 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. 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, 8437 Penny Drive was last sold in Dec 7, 2012 for $140,000. According to our calculations, that's $111.64 per sqft. Prior to that sales transaction, the property was sold for $122,000 in Sep 14, 2009. Current property owners are expected to pay $2,077 in taxes per year. The property on 8437 Penny Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $165,694. To break that down further, the land itself was valued at $71,010. While improvements to the property were assessed at a total of $94,684. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Block
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,254
  • Gross Building Area: 1,254
  • Building Area: 1,164
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,164
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ARLINGTON NORTH SUB 1
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 66 MB 026/038 ARLINGTON NORTH SUB 1

Ownership

  • Current Owner : CC REAL ESTATE GROUP
  • Previous Owner : DRAGONROSE LLC
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Alvord Unified School District
  • Census Tract: 041001

Zoning

  • Zoning: R1065

Geography

  • Parcel: 155-272-013
  • Lot: 66
  • Municipality: RIVERSIDE
  • Latitude: 33.9483
  • Longitude: -117.463

    Address

  • Full Address: 8437 Penny Dr
  • Address - House Number: 8437
  • Address - Street Name: Penny
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Riverside
  • Carrier Code: C005
  • 4-Digit Zip Code: 1488
  • Zip Code: 92503

Valuation

    Tax

  • Total Area: 1,164
  • Tax Year: 2023
  • Tax Amount: $2,077
  • Tax Rate Code Area: 009-010

    Appraisal Valuation

  • Standard Deviation: 0.1885
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 75
  • Final Value: 433,275
  • High Value: 514,970
  • Low Value: 351,580

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,730,000
  • First Open Lien Mortgage Lender: B2R FINANCE LP
  • First Open Lien Mortgage Recording Date: Jun 04, 2014
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $3,730,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $322,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,694
  • Assessed Land Value: $71,010
  • Assessed Improvements Value: $94,684

    Sales

  • Current Sale Contract Date: Dec 07, 2012
  • Current Sale Recording Date: Dec 18, 2012
  • Current Sale Transaction ID: 1040570403
  • Current Sale Price: $140,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2012-0617425
  • Previous Sale Recording Date: Sep 25, 2009
  • Previous Sale Contract Date: Sep 14, 2009
  • Previous Sale Amount: $122,000
  • Previous Sale Document Type: Grant Deed

About Arlanza



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8935 Patrero Street, Riverside, CA, 92503 Listing by Marisol Manzo

Frequently Asked Questions

What neighborhood is 8437 Penny Drive located in?
The 8437 Penny Drive is a located in the neighborhood of Arlington North in Arlanza, Riverside.
What is the average sales price for listings in 8437 Penny Drive?
The average sales price for units in 8437 Penny Drive is $0 currently.

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