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9741 Magnolia Avenue

9741 Magnolia Avenue, Riverside, CA 92503
Property in Arlington
1 Units For Sale
Unit for sale at 9741 Magnolia Avenue, Riverside, CA 92503

$3,000,000

  • Commercial
  • 13,250 ft²
9741 Magnolia Avenue, Riverside, CA 92503 Listing by LAN TRAN

9741 Magnolia Avenue has been categorized by the local assessors in Riverside, CA as a unknown type of property. The building on the property was first built in 1978 and is 46 years old. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 24,394 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. We know that this is 3 code building. This code stands for "unknown". 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 unknown control joints. The property was last sold in Dec 13, 2017 for $1,290,000. That's $95.41 per sqft. Prior to that sales transaction, the property was also sold in Sep 10, 2013 for $1,200,000. 9741 Magnolia Avenue was last assessed in 2023. The total value of the property was assessed at $1,410,801. Specifically, the land the property is located on was valued at $546,822. While improvements on the property were assessed at a total of $863,979. 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 $15,864. The initial tax year of delinquency was in 2018. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 24,394
  • Total Building Area: 13,520
  • Gross Building Area: 13,520
  • Building Area: 13,520
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: THE VILLAGE OF ARLINGTON
  • Land Acres: 0.56
  • Legal Description 1: .56 ACRES M/L IN PAR 1 PM 028/021 PM 7785

Ownership

  • Current Owner : 4GT GROUP LLC
  • Previous Owner : SK MAGNOLIA HOLDINGS GROUP LLC
  • Owner Before Previous Owner: HEITMAN HOLDINGS INC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Riverside Unified School District
  • Census Tract: 031602

Zoning

  • Zoning: C3

Geography

  • Assessors Map Reference: 7785
  • Parcel: 145-280-030
  • Block: 11
  • Lot: 1
  • Municipality: RIVERSIDE
  • Latitude: 33.918
  • Longitude: -117.451

    Address

  • Full Address: 9741 Magnolia Ave
  • Address - House Number: 9741
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Riverside
  • Carrier Code: C008
  • 4-Digit Zip Code: 3642
  • Zip Code: 92503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,864
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 009-138

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,192,300
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jan 05, 2018
  • First Open Lien Mortgage Loan Amount: $1,192,300
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,410,801
  • Assessed Land Value: $546,822
  • Assessed Improvements Value: $863,979

    Sales

  • Current Sale Contract Date: Dec 13, 2017
  • Current Sale Recording Date: Jan 05, 2018
  • Current Sale Transaction ID: 11356730262
  • Current Sale Price: $1,290,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2018-0006465
  • Previous Sale Recording Date: Oct 04, 2013
  • Previous Sale Contract Date: Sep 10, 2013
  • Previous Sale Amount: $1,200,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jan 05, 2018
  • First Mortgage Loan Amount: $1,192,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: SETAREH CONSULTING CORPORATION
  • Previous Mortgage Transaction Date: Oct 04, 2013
  • Previous Mortgage Loan Amount: $600,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown

About Arlington



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 9741 Magnolia Avenue located in?
The 9741 Magnolia Avenue is a located in the neighborhood of Arlington in Arlington, Riverside.
How many listings are currently for sale in 9741 Magnolia Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 9741 Magnolia Avenue?
The average sales price for units in 9741 Magnolia Avenue is $3,000,000 , or $226/sqft. currently.

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