12014 Raley Dr, Riverside, CA 92505
View Photos

12014 Raley Dr Riverside, CA 92505

$805,000 Sold Price as of 09/02/2020
  • 9 Beds
  • 8 Baths
  • 5,200 Sq.Ft.
Sold
$805,000 Sold Price as of 09/02/2020 Refinance Your Mortgage

Map preview of 12014 Raley Dr, Riverside, CA 92505

Property Overview: 12014 Raley Dr Riverside, CA has 9 bedrooms, 8 bathrooms, 5,200 living square feet and 28,750 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment opportunity! Directly across from La Sierra University! Great Student Housing! Five units over three buildings. Building one is a converted detached garage with 1 bed and 1 bath. Building 2 is the original home built in 1945, which has had a couple additions. The upper level has 3 beds and 1.5 Baths, and the lower level can be rented as a separate unit with 2 beds and one bath. The third building was built in 1987. The Original home was 3 beds and 4 baths. It has been converted to two units - a one bed one bath, and a two bed 3 bath. Back house has in in-ground lap pool (under repair). See Floor plan sketches for details.

Listed by JOHN MENKE | BRE #01959317 | COLDWELL BANKER TOWN & COUNTRY
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
28,750
HOA Dues
$0/mo
Year built
1945
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
IV20146825
City
Riverside
County
Riverside
Time on Site
1527 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 3
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,100
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 12014 Raley Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Evaporative Cooling
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room
Interior Features
  • Levels: One, Two, Multi/Split
Exterior Features
Exterior Features
  • Has Pool
  • Pool Features: Private
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Detached Carport
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Parcel Number: 141221035
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Magnolia to Pierce, Pierce to Raley Dr
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Riverside Agent

Loading...

Sale History for 12014 Raley Dr

Last sold for $805,000 on September 2nd, 2020
  • September, 2020

  • Sep 2, 2020

    Date

    Sold

    CRMLS: IV20146825

    $805,000

    Price

  • Jul 29, 2020

    Date

    Pending

    CRMLS: IV20146825

    $675,000

    Price

  • Jul 24, 2020

    Date

    Active

    CRMLS: IV20146825

    $675,000

    Price

  • September, 2020

  • Sep 2, 2020

    Date

    Sold (Public Records)

    Public Records

    $805,000

    Price

Show More

Tax History for 12014 Raley Dr

Assessed Value (2020): $470,998
Year Land Value Improved Value Assessed Value
2020 $100,915 $370,083 $470,998

Home Value Compared to the Market

This property vs the competition

12014 Raley Dr sold on September 2, 2020 for 3.85% higher than the current median sold price for the city of Riverside which is $650,000. The median sold price per/sqft for Riverside is $389 and this home is sold at $129.81 per/sqft which puts the price per square foot 66.63% lower than the current median sale per square foot for the city of Riverside.

About 12014 Raley Dr

Detailed summary of property

12014 Raley Dr is a multi family that recently sold in Riverside, CA 92505. This multi family property offered 9 bedrooms, 8 bathrooms, roughly 5,200 living square feet, and sits on an approximately 28,750 square foot lot. 12014 Raley Dr was first listed on ArdentRealEstateGroup.com on July 24, 2020. The homeowner sold the property for $805,000. Home in Riverside are selling for a median price of $650,000 and a median price per square foot of $389. Based on Ardent Real Estate Group's Riverside Market Data, this home is sold 3.85% higher than the current median priced home. Local homes that are currently for sale include 3150 Lime St, 2726 5th St and 2127 10th St. While the average home in Riverside, CA is selling in 54 days, 12014 Raley Dr has a days on market of 6 days. There are currently 797 homes for sale in the Riverside real estate market and 733 of them are single family homes while 55 of them are condos and 9 are townhomes. For more information on this home for sale at 12014 Raley Dr Riverside, CA 92505 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 12014 Raley Dr

Public county record property details
Beds
4
Baths
4
Year built
1987
Sq. Ft.
2,542
Lot Size
28,749
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Riverside
Lot#
33
APN
141-221-035

The source for these homes facts are from public records.

92505 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$669,000
Median List Price/Sq.Ft.
$403
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$384
Total Inventory
66
Median Sale to List Price %
100%
Avg Days on Market
25
Loan Type
Conventional (60%), FHA (20%), VA (13.33%), Cash (0%), Other (6.67%)

Thinking of Selling?


Image Description
Is this your property?
Thinking of Selling?

Call, Text or Message

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.