9331 Sage Ave, Riverside, CA 92503
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9331 Sage Ave Riverside, CA 92503

$568,000 Sold Price as of 11/10/2022
  • 4 Beds
  • 2 Baths
  • 1,768 Sq.Ft.
Sold
$568,000 Sold Price as of 11/10/2022 Refinance Your Mortgage

Map preview of 9331 Sage Ave, Riverside, CA 92503

Property Overview: 9331 Sage Ave Riverside, CA has 4 bedrooms, 2 bathrooms, 1,768 living square feet and 7,405 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This quaint duplex is located in one of Riverside's high demand rental areas. A great addition to your investment portfolio! Each unit includes two bedrooms, one bathroom, washer and dryer hook-ups. An added bonus is the off-street carport parking and the rear unit features rear and side yards. Owner pays for water and gardener, tenants pay for all other utilities. Location is on a tree-lined cul-de-sac within 15 minutes of four colleges including CBU and RCC, one mile of a hospital as well as shopping and freeway close. If that isn't enough this property has low taxes and no HOA! Duplex will be delivered at close of escrow with tenants on a month to month agreement. Offer is subject to inspection.

Listed by KEVIN ALLEN | BRE #01823904 | KELLER WILLIAMS RIVERSIDE CENT
Last checked: 3 minutes ago | Last updated: November 10th, 2022 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
7,405
HOA Dues
$0/mo
Year built
1960
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
IV22198479
City
Riverside
County
Riverside
Time on Site
615 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,326
  • Total Rent: $1,326
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,545
  • Total Rent: $1,545
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $33,444
  • Net Operating Income: $26,321
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $7,123
  • Trash: $0
  • Gardener: $600
  • Insurance: $1,301
  • Water/Sewer: $522

Property Details for 9331 Sage Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Vinyl
  • Kitchen, Living Room, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Built-In Range, Disposal, Water Heater
Interior Features
  • Ceiling Fan(s)
  • Levels: One
  • Window Features: Blinds
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 191272007
  • Year Built Source: Assessor
  • Foundation Details: Slab
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From the 91 freeway, Van Burn Blvd. north, east / right on California, right on MacArthur Rd., left on Sage Avenue, 2nd property on the left.
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
View more facts & features

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Sale History for 9331 Sage Ave

Last sold for $568,000 on November 10th, 2022
  • November, 2022

  • Nov 10, 2022

    Date

    Sold

    CRMLS: IV22198479

    $568,000

    Price

  • Sep 12, 2022

    Date

    Active

    CRMLS: IV22198479

    $568,000

    Price

  • April, 1996

  • Apr 12, 1996

    Date

    Sold (Public Records)

    Public Records

    $120,000

    Price

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Tax History for 9331 Sage Ave

Assessed Value (2020): $179,208
Year Land Value Improved Value Assessed Value
2020 $68,338 $110,870 $179,208

Home Value Compared to the Market

This property vs the competition

9331 Sage Ave sold on November 10, 2022 for 15.85% lower than the current median sold price for the city of Riverside which is $675,000. The median sold price per/sqft for Riverside is $373 and this home is sold at $321.27 per/sqft which puts the price per square foot 13.87% lower than the current median sale per square foot for the city of Riverside.

About 9331 Sage Ave

Detailed summary of property

9331 Sage Ave is a duplex that recently sold in Riverside, CA 92503. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,768 living square feet, and sits on an approximately 7,405 square foot lot. 9331 Sage Ave was first listed on ArdentRealEstateGroup.com on September 13, 2022. The homeowner sold the property for $568,000. Home in Riverside are selling for a median price of $675,000 and a median price per square foot of $373. Based on Ardent Real Estate Group's Riverside Market Data, this home is sold 15.85% lower than the current median priced home. Local homes that are currently for sale include 946 S Vancouver Ave, 4775 Hammel St and 120 S Sunol Dr. While the average home in Riverside, CA is selling in 48 days, 9331 Sage Ave has a days on market of 9 days. There are currently 708 homes for sale in the Riverside real estate market and 658 of them are single family homes while 44 of them are condos and 6 are townhomes. For more information on this home for sale at 9331 Sage Ave Riverside, CA 92503 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 9331 Sage Ave

Public county record property details
Beds
4
Baths
2
Year built
1960
Sq. Ft.
1,768
Lot Size
7,405
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Riverside
Lot#
7
APN
191-272-007

The source for these homes facts are from public records.

92503 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$699,900
Median List Price/Sq.Ft.
$373
Median Sold Price
$632,000
Median Sold Price/Sq.Ft.
$409
Total Inventory
140
Median Sale to List Price %
101.94%
Avg Days on Market
17
Loan Type
Conventional (45.45%), FHA (27.27%), VA (0%), Cash (12.12%), Other (15.15%)

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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.