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5072 Los Olivos Way

5072 Los Olivos Way, Riverside, CA 92505
Property in La Sierra
Sold Nov 22, 1995
$82,500
$66,000 by Western Cities Mtg
Mortgage Due Dec 01, 2025
Sold May 22, 1995
$95,000
5072 Los Olivos Way in Riverside, CA was first built in 1978 and is 46 years old. Although, the building on the property was most recently renovated and altered in 1979. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 5072 Los Olivos Way has 1,820 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 3,049 square feet.

Learn more about the property and building on this page. 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 detached garage. The garage is 420 sqft. There are a total of 2 available parking spaces. 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. 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, 5072 Los Olivos Way was last sold in Nov 8, 1995 for $82,500. According to our calculations, that's $45.33 per sqft. Prior to that sales transaction, the property was sold for $95,000 in May 15, 1995. Current property owners are expected to pay $1,603 in taxes per year. The property on 5072 Los Olivos Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $134,328. To break that down further, the land itself was valued at $40,699. While improvements to the property were assessed at a total of $93,629. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1978
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Building Style: Condo
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,049
  • Total Building Area: 1,820
  • Gross Building Area: 1,820
  • Building Area: 1,820
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,820
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT 5531
  • Land Acres: 0.07
  • Standard Land Use Code: Condominium unit (residential)
  • County Land Use Code: Right-of-way (not rail, road, or utility)
  • Legal Description 1: LOT 24 MB 091/009 TR 5531 & INT IN COMMON LOT

Ownership

  • Current Owner : COLE VIRGINIA R
  • Previous Owner : FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Owner Before Previous Owner: ALVARADO EFRAIN
  • Owner Before Previous Owner 2: ALVARADO TERRY
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Alvord Unified School District
  • Census Tract: 040903

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 5531
  • Parcel: 141-151-049
  • Lot: 24
  • Municipality: RIVERSIDE
  • Latitude: 33.9184
  • Longitude: -117.501

    Address

  • Full Address: 5072 Los Olivos Way
  • Address - House Number: 5072
  • Address - Street Name: Los Olivos
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Riverside
  • Carrier Code: C045
  • 4-Digit Zip Code: 3234
  • Zip Code: 92505

Valuation

    Tax

  • Total Area: 1,820
  • Tax Year: 2023
  • Tax Amount: $1,603
  • Tax Rate Code Area: 009-175

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 558,551
  • High Value: 669,811
  • Low Value: 447,291

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $96,000
  • First Open Lien Mortgage Lender: WESTERN CITIES MTG
  • First Open Lien Mortgage Recording Date: Nov 22, 1995
  • First Open Lien Mortgage Loan Amount: $66,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2025
  • Second Open Lien Mortgage Lender: FIRST FINANCIAL CU
  • Second Open Lien Mortgage Recording Date: May 21, 2007
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $30,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $289,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,328
  • Assessed Land Value: $40,699
  • Assessed Improvements Value: $93,629

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 08, 1995
  • Current Sale Recording Date: Nov 22, 1995
  • Current Sale Transaction ID: 1045627718
  • Current Sale Price: $82,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 391166
  • Previous Sale Recording Date: May 22, 1995
  • Previous Sale Contract Date: May 15, 1995
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: WESTERN CITIES MTG
  • First Mortgage Transaction Date: Nov 22, 1995
  • First Mortgage Loan Amount: $66,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Dec 01, 2025

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Frequently Asked Questions

What neighborhood is 5072 Los Olivos Way located in?
The 5072 Los Olivos Way is a located in the neighborhood of La Sierra in La Sierra, Riverside.
What is the average sales price for listings in 5072 Los Olivos Way?
The average sales price for units in 5072 Los Olivos Way is $0 currently.

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