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8829 Continental Drive

8829 Continental Drive, Riverside, CA 92504
Sold Aug 10, 2020
$460,000
$446,200 by Trans United Financial Service
Mortgage Due Sep 01, 2050
Sold Jul 22, 2016
$360,000
$200,000 by Stearns Lending Llc
Mortgage Due Aug 01, 2046
8829 Continental 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 1977 and is 47 years old. However, we must point out that the home was most recently renovated and altered in 1978. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. 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, 8829 Continental Drive has 1,582 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 6,098 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 483 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 gravel/rock. 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 11, 2020 for $460,000. That's $213.46 per sqft. Prior to that sales transaction, the property was also sold in Jul 6, 2016 for $360,000. 8829 Continental Drive was last assessed in 2023. The total value of the property was assessed at $478,584. Specifically, the land the property is located on was valued at $93,636. While improvements on the property were assessed at a total of $384,948. 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 $5,385. The initial tax year of delinquency was in 2022. 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. 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: 1977
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: Attached
  • Garage Square Area: 483
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 2,155
  • Gross Building Area: 2,155
  • Building Area: 1,582
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,582
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 8266
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 33 MB 089/053 TR 8266

Ownership

  • Current Owner : MUNOZ MARCO A
  • Previous Owner : RAMIREZ ROBERT H
  • Previous Owner 2: BAER JENNIFER
  • Owner Before Previous Owner: ALLEN MELINDA L
  • Owner Before Previous Owner 2: KNIGHT MELINDA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Riverside Unified School District
  • Census Tract: 031704

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 8266
  • Parcel: 233-302-007
  • Lot: 33
  • Municipality: RIVERSIDE
  • Latitude: 33.9156
  • Longitude: -117.424

    Address

  • Full Address: 8829 Continental Dr
  • Address - House Number: 8829
  • Address - Street Name: Continental
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Riverside
  • Carrier Code: C006
  • 4-Digit Zip Code: 4260
  • Zip Code: 92504

Valuation

    Tax

  • Total Area: 1,582
  • Tax Year: 2023
  • Tax Amount: $5,385
  • 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: 639,927
  • High Value: 755,269
  • Low Value: 524,586

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $446,200
  • First Open Lien Mortgage Lender: TRANS UNITED FINANCIAL SERVICE
  • First Open Lien Mortgage Recording Date: Aug 10, 2020
  • First Open Lien Mortgage Loan Amount: $446,200
  • 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: $417,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $478,584
  • Assessed Land Value: $93,636
  • Assessed Improvements Value: $384,948

    Sales

  • Current Sale Contract Date: Jul 11, 2020
  • Current Sale Recording Date: Aug 10, 2020
  • Current Sale Transaction ID: 11779692809
  • Current Sale Price: $460,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0362431
  • Previous Sale Recording Date: Jul 22, 2016
  • Previous Sale Contract Date: Jul 06, 2016
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRANS UNITED FINANCIAL SERVICE
  • First Mortgage Transaction Date: Aug 10, 2020
  • First Mortgage Loan Amount: $446,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: STEARNS LENDING LLC
  • Previous Mortgage Transaction Date: Jul 22, 2016
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2046

About Presidential Park



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Frequently Asked Questions

What neighborhood is 8829 Continental Drive located in?
The 8829 Continental Drive is a located in the neighborhood of Presidential Park in Presidential Park, Riverside.
What is the average sales price for listings in 8829 Continental Drive?
The average sales price for units in 8829 Continental Drive is $0 currently.

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