1400 University Ave Riverside, CA 92507

$35,340,000 Sold Price as of 01/08/2018

-- Beds
-- Baths
-- Sq.Ft.

Off Market

$35,340,000 Sold Price as of 01/08/2018 Refinance Your Mortgage

Map preview of 1400 University Ave, Riverside, CA 92507

Property Overview: 1400 University Ave Riverside, CA has -- bedrooms, -- bathrooms, -- living square feet and 224,769 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1400 University Ave is currently an off market home in the city of Riverside. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Riverside has a median list price of $694,900. The median price per/sqft for Riverside is $368. With those numbers in mind, if you are looking to purchase a median priced home in Riverside, CA and put 20% down you will need to save up $138,980 for the down payment and will need roughly $13,898 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Riverside the commission could be as much as $32,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1400 University Ave

Last sold for $35,340,000 on January 8th, 2018

March, 2021
Mar 1, 2021

Date

Expired

CRMLS: TR20026843

$125,000

Price
Oct 19, 2020

Date

Price Change

CRMLS: TR20026843

$125,000

Price
Feb 6, 2020

Date

Active

CRMLS: TR20026843

$150,000

Price
Listing provided courtesy of CRMLS

Well established restaurant business located at the corner of UCR. HEAVY TRAFFIC AREA. This sale includes all furniture, kitchen equipment and decor.

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October, 2019
Oct 6, 2019

Date

Canceled

CRMLS: PW19186776

$150,000

Price
Aug 6, 2019

Date

Active

CRMLS: PW19186776

$150,000

Price
Listing provided courtesy of CRMLS

Excellent location!!! The Restaurant has beautiful interior modern design with new renovations appliances and all equipment are newly purchased. A newly renovated full service Restaurant near University of Riverside. Located underneath student housing complex. with lot of foot traffic. Currently a pan Asian Restaurant with new ideas concepts this could be a great potential. Neighboring with Ten Ren, Cha20, & IHOP. this 1800 sf. End unit restaurant has a walk-in fridge and freezer. It also has an inviting bar with Type 41 beer & wine license.

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January, 2018
Jan 8, 2018

Date

Sold (Public Records)

Public Records

$35,340,000

Price
January, 2011
Jan 3, 2011

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1400 University Ave

Assessed Value (2020): $42,656,400

Year	Land Value	Improved Value	Assessed Value
2020	$6,346,440	$36,309,960	$42,656,400

About 1400 University Ave

Detailed summary of property

1400 University Ave is categorized with a use code of Commercial (General) in Riverside, CA 92507 and last sold on January 8, 2018 for $35,340,000. This property has -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 224,769 square foot lot. Homes 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 5336.92% higher than the current median priced home. 1400 University Ave was last sold on January 8, 2018 for $35,340,000. Local nearby listings include 855 Huston Dr, 5130 Evergreen Way and 3359 Celeste Dr. The average home in Riverside, CA is selling in 54 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. If you are the homeowner and looking to sell the home at 1400 University Ave Riverside, CA 92507 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 1400 University Ave

Public county record property details

Beds: --
Baths: --
Year built: 2006
Sq. Ft.: --
Lot Size: 224,769
Stories: 1

Type: Commercial (General)
Pool: No
Spa: No
County: Riverside
Lot#: 1,2
APN: 253-030-024

The source for these homes facts are from public records.

92507 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$658,000

Median List Price/Sq.Ft.

$358

Median Sold Price

$656,089

Median Sold Price/Sq.Ft.

$373

Total Inventory

161

Median Sale to List Price %

100.95%

Avg Days on Market

Loan Type

Conventional (62.07%), FHA (13.79%), VA (0%), Cash (6.9%), Other (17.24%)

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(714) 706-1823

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