0 Wells Ave, Riverside, CA 92503
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0 Wells Ave Riverside, CA 92503

$475,000 Sold Price as of 03/30/2023
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$475,000 Sold Price as of 03/30/2023 Refinance Your Mortgage

Map preview of 0 Wells Ave, Riverside, CA 92503

Property Overview: 0 Wells Ave Riverside, CA has -- bedrooms, -- bathrooms, -- living square feet and 58,370 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The subject property is a ± 1.34 acre residential development site located on Wells Road in the Arlanza community of Riverside, California. The site is generally flat and rectangular in shape with 175’ of frontage along Wells Road. The property is zoned R-1-7000 residential which allows for up to 6.2 dwelling units per acre. The General Plan Land Use designation for this site is Medium Density Residential. The Medium Density Residential designation provides for the development of single-family homes, townhomes and row houses. This designation allows a maximum of 6.2 dwelling units per acre, or up to 8.0 dwelling units per acre when associated with a Planned Residential Development (PRD) permit. With a density of 6.2 du/acre, this site would support a project of 8 lots, with a density of 8 du/acre the project could be up to 10 lots. This site is located on the southern side of Wells Avenue, one parcel to the east of busy Tyler Street. The neighbor to the immediate west is the Tyler Plaza retail center and the neighbors directly across Wells Road include a church and a Montessori school. The majority of the remaining neighborhood surrounding the site is residential in nature.

Listed by Matthew Wenzel | BRE #01198357 | Marcus & Millichap
Last checked: 4 minutes ago | Last updated: March 30th, 2023 | Source CRMLS | DOM: 82

Home details

Lot Sq. Ft
58,370
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Sold
MLS#
PW22238947
City
Riverside
County
Riverside
Time on Site
556 days

Property Details for 0 Wells Ave

Lot Details / Garage and Parking
Lot Information
  • Lot Features: 6-10 Units/Acre, Lot Over 40000 Sqft, Value In Land
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Parcel Number: 147252038
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: One parcel east of Tyler Street on the south side of Wells Ave.
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Riverside Agent

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Sale History for 0 Wells Ave

Last sold for $475,000 on March 30th, 2023
  • March, 2023

  • Mar 30, 2023

    Date

    Sold

    CRMLS: PW22238947

    $475,000

    Price

  • Nov 9, 2022

    Date

    Active

    CRMLS: PW22238947

    $600,000

    Price

Tax History for 0 Wells Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

0 Wells Ave sold on March 30, 2023 for 11.11% lower than the current median sold price for the city of Riverside which is $675,000.

About 0 Wells Ave

Detailed summary of property

0 Wells Ave is a land that recently sold in Riverside, CA 92503. This land offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 58,370 square foot lot. 0 Wells Ave was first listed on ArdentRealEstateGroup.com on November 9, 2022. The homeowner sold the property for $475,000. 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 11.11% lower than the current median priced home. Local homes that are currently for sale include 0 Temescal Canyon Rd, 7925 Featherstone Court and 7955 Featherstone Court. While the average home in Riverside, CA is selling in 48 days, 0 Wells Ave has a days on market of 82 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 0 Wells 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 0 Wells Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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.