Riverside Realty: November 2009

Friday, November 20, 2009

Riverside Single House with Walking Distance to Park $199,900

Bed:	4
Bath(F,T,H,Q):	2,0,0,0
Sqft:	1,500/A
$/Sqft:	$133

Lot SF: 6,534
YrBuilt: 1978

Description: Can you say NEW, NEW, NEW, NEW Beautifully remodeled home, new carpet, new windows, new roof, new interior paint, new Furnace and a/c unit, new lights. Kitchen has granite counters, and new appliances. Bathroom completely remodeled, with new shower/tub, vanity, and sink. Property has 4 bedrooms 2 baths with tile floors throughout the main living area, kitchen and hallway, bedrooms are carpet. Boat or small RV Parking. This one is a must see. No neighbors behind you and a park within walking distance.

Riverside Bank Owned Property $189,900

Bed:	3
Bath(F,T,H,Q):	2,0,0,0
Sqft:	1,278/A
$/Sqft:	$149

Lot SF: 7,405
YrBuilt: 1958

Description: One level home with 4 bedrooms (County shows 3 bedrooms; Buyer to verify permitting) and 2 baths. In ground pool and 2 car garage. This property corporate owned and sold in current condition. No repairs, warranties, disclosures or inspections provided by Seller. Your Proof of Funds or a Pre Qualification letter must accompany all offers. A Special Addendum will be make part of the final contract. Seller reserves the right to negotiate offers in any order regardless of date/time submitted. It may be 24-72 hours for verbal response from Seller.

Monday, November 16, 2009

Riverside Nice Bank Owned Property $219,800

Bed:	3
Bath(F,T,H,Q):	2,0,0,0
Sqft:	1,380/A
$/Sqft:	$159

Lot SF: 7,840
YrBuilt: 1988

Description: Bank owned! Lovely 3 bedroom, 2 bath home on quiet cul-de-sac. Spacious living room; Family room with cozy fireplace: dining area between kitchen and family room. New dishwasher and stove installed. Garage has direct entry to house with laundry hook ups; Cabinets and metal roll-up garage door. Close to shopping and schools.

Friday, November 13, 2009

Riverside Bank Owned Property $199,900

Bed:	3
Bath(F,T,H,Q):	2,0,0,0
Sqft:	1,036/A
$/Sqft:	$193

Lot SF: 4,791
YrBuilt: 1994

HOA: $54

Description: Starter home located in the gated community of California Stonegate in the Mission Grove area. Home has a covered patio, fireplace and some tiled flooring. PROPERTY IS BEING SOLD IN ITS PRESENT AS-IS CONDITION - NO REPAIRS WILL BE MADE. SELLER MAKES NO REPRESENATIONS OR WARRANTIES (EXPRESS OR IMPLIED).

Riverside Valuable Bank Owned Property $140,000

Bed:	4
Bath(F,T,H,Q):	3,0,0,0
Sqft:	2,398/A
$/Sqft:	$58

Lot SF: 10,890
YrBuilt: 1982

Description: Great home on a large lot situated on a cul-de-sac. Four bedrooms plus a den. A family room with fireplace, living room with a bar that has granite tile counters, kitchen has white tile counter tops, tile flooring and eating area. Main suite has a balcony and is situated upstairs along with main bath. Main bath has a shower and dual vanity. One bedroom downstairs has a bathroom inside. Bathrooms have tile flooring. Other amenities include are recessed lighting, coat and linen closets, double door entry, covered concrete patio, and RV parking with gates on each side. Close to schools, shops and freeways. Sold in “as is” condition. All information deemed reliable but not guaranteed. Buyers to satisfy themselves as to all aspects of the property.

Riverside Two Level House For Sale $199,900

Bed:	3
Bath(F,T,H,Q):	2,0,1,0
Sqft:	1,574/A
$/Sqft:	$127

Lot SF: 7,405
YrBuilt: 1989

Description: Turnkey Ready to Move In property with New Carpet, New Paint and New Appliances situated on large corner lot. Open floor plan downstairs with separate family room and living room. landscaped rear yard, balcony off the master bedroom, good location and ready to go. Close to 60, 91 & 215 Freeways, Great neighborhood.

Riverside Remodeled House with Pool $199,000

Bed:	3
Bath(F,T,H,Q):	2,0,1,0
Sqft:	1,187/A
$/Sqft:	$168

Lot SF: 8,712
YrBuilt: 1956

Description: A REGULAR SALE!! COMPLETE REMODEL in the Arlington Ramona area. New stucco and exterior paint, picket fence, custom ornamental metal gates, new double-pane windows throughout, ornamental front door, new garage door with opener, RV or boat secured parking area (cement). Resort-style pool-12ft deep-with new equipment, custom tile work, decking, raised patio and cabana. Newly landscaped front and backyards with low maintenance mature trees, mulch and new sod. New central air and heating, plumbing, electrical, insulation, water heater, dry-wall! Recessed lighting throughout, ceiling fans in each room, crown moulding and 6'' base boards, bull-nose with arched entrances, interior arched doors, Brazilian cherry hard-wood flooring, each room is wired for cable and or internet. Kitchen with custom cabinets, granite counter tops, stainless steel refrigerator. Bathrooms remodeled with travertine. This house is beautiful, like new. Half moon driveway, large lot,prime location! Absolutely great!

Riverside City

Origins of the Riverside

By 1900, Riverside had become one of the premiere winter resort communities in the nation. Engulfed in twenty thousand acres of Washington Navel orange groves, Riverside served as a center for agricultural innovation, bringing the revolution of corporate capitalism to the southwestern U.S. via the modern citrus enterprise.

Located in the broad, inland valley of the Santa Ana River in Southern California, Riverside numbered among the wealthiest communities per capita in the nation. The University of California Citrus Experiment Station (core of the present University of California, Riverside) brought a tradition of ground-breaking scientific research to the city. Riverside’s renowned Mission Inn hotel, and its inspirational role in the development of the Arts & Craft Style, attracted some of America’s foremost entrepreneurs in search of new recreational, aesthetic and business opportunities. Riverside became a magnet for prosperous, educated practitioners of the Arts and Crafts Movement in the West. in the nation.

Out of this context came the Cornelius Earle Rumsey Indian Collection which later became the Riverside Municipal Museum now known as the Riverside Metropolitan Museum (RMM). The Museum opened in the basement of City Hall on December 12, 1924, when the widow of National Biscuit Company (NABISCO) magnate Cornelius Earle Rumsey donated his collection of Native American artifacts to the City of Riverside. An ordinance, amending the City Charter and establishing a Municipal Museum, was adopted by the City Council on August 27, 1925. The current mission statement found in the city ordinance states that, "All collections and exhibits of the Museum shall generally reflect but shall not necessarily be limited to the specific interpretations of the history, natural history and anthropology of the City and County of Riverside and the immediate environs of southern California." From 1924 on, the collections have grown, typically through donations by prominent citizens and organizations, contributing to RMM holdings in the disciplines of local history, natural history, and anthropology. From 1925-48, the RMM was located in the basement of the old City Hall building on Riverside’s Seventh Street (now Mission Inn Avenue).

In 1987, the main museum building and Heritage House were placed on the National Register of Historic Places. In 2005, the Riverside Municipal Museum changed its name to Riverside Metropolitan Museum.

Riverside, CA

Top 100 rank: N/A^C
Population: 319,600

Financial
	City stats	Best places avg.
Median family income (per year)	$55,270	$90,316
Family purchasing power (annual, cost-of-living adjusted)	$45,340	$82,867
Sales tax	7.80%	6.74%
State income tax rate (highest bracket)	9.30%^I	6.38%
State income tax rate (lowest bracket)	1.00%^I	2.74%
Auto insurance premiums (Average for the state)	$2,076	$2,121
Job growth % (2000-2006)	32.92%	13.41%
Housing
	City stats	Best places average
Median home price	$435,848	$359,352
Average property taxes (2006)	$2,406	$3,585


Education
	City stats	Best places average
Colleges, universities and professional schools (within 30 miles)	30	29
Junior colleges and technical institutes (within 30 miles)	32	18
Test scores reading (% above/below state average)	-18.2%	20.1%
Test scores math (% above/below average)	-2.0%	24.8%
% students attending public/private schools (located within town limits)	90.1/9.9	91.1/8.9
Quality of life
	City stats	Best places average
Air quality index* (% of days AQI ranked as good)	34.0%	77.3%
Personal crime incidents (per 1,000)	6	13
Property crime incidents (per 1,000)	41	206
Median commute time (in minutes)	21.2	23.1
% population with commute 45 mins. or longer	19.6%	15.6%
% population walk or bike to work	4.5%	2.7%

County data
**Elder-care services refer to skilled nursing and assisted living facilities. Data from Total Living Choices.
(C) Cities with populations greater than 50,000 were not eligible for this year's Best Places to Live list.

(I) Income tax notes:
17 states have statutory provision for automatic adjustment of tax brackets, personal exemption or standard deductions to the rate of inflation. Massachusetts, Michigan, Nebraska and Ohio indexes the personal exemption amounts only.
For joint returns, the taxes are twice the tax imposed on half the income.
Tax credits.
An additional 1% tax is imposed on taxable income over $1 million.

Single-family new house construction building permits:

2000: 13323 buildings, average cost: $185,000
2001: 16778 buildings, average cost: $179,800
2002: 20912 buildings, average cost: $174,000
2003: 25424 buildings, average cost: $177,300
2004: 29182 buildings, average cost: $186,500
2005: 30350 buildings, average cost: $197,700
2006: 20882 buildings, average cost: $210,200

Riverside Realty