11152 Palm Terrace Ln, Riverside, CA 92505
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11152 Palm Terrace Ln Riverside, CA 92505

$625,000 Sold Price as of 10/27/2021
  • 4 Beds
  • 2.5 Baths
  • 2,028 Sq.Ft.
Sold
$625,000 Sold Price as of 10/27/2021 Refinance Your Mortgage

Map preview of 11152 Palm Terrace Ln, Riverside, CA 92505

Property Overview: 11152 Palm Terrace Ln Riverside, CA has 4 bedrooms, 2.5 bathrooms, 2,028 living square feet and 38,333 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Knock, knock – opportunity waits for a new owner to envision the use of this unique property. Past owners have utilized the .88 acres for a succulent/cactus garden/nursery with full irrigation system. Or maybe you would like to raise chickens for fresh eggs. How about some much-needed extra space to store large equipment, or build a shop, or lease the land to others. The possibilities are endless. This custom-built four bedroom, two full and one-half bathroom home features a separate living and family room, with an oversized, updated kitchen. The living room includes a large wood-burning fireplace and windows to allow plenty of natural light. The kitchen features quartz countertops and tile backsplash with plenty of cabinets. The master suite bathroom has been freshly updated and includes a jacuzzi tub and separate shower, along with plenty of cabinet storage. The master bedroom includes extra closet space with direct access to the back patio. The home has solar panels that are completely paid off, which will help keep your electrical costs low. A true savings for those warm summer months. Come take a look and see what opportunities await you.

Listed by Kate Nash | BRE #01309788 | First Team Real Estate
Last checked: 15 minutes ago | Last updated: October 27th, 2021 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
38,333
HOA Dues
$0/mo
Year built
1962
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
PW21204138
City
Riverside
County
Riverside
Time on Site
1101 days

Virtual Tour

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Property Details for 11152 Palm Terrace Ln

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 4
  • Downstairs Bathrooms: 3
  • Eating Area: In Family Room
  • Flooring: Carpet, Laminate
  • All Bedrooms Down, Family Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range
  • Granite Counters
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 1
Interior Features
  • Built-in Features, Granite Counters, Tile Counters, Unfurnished
  • Levels: One
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Cross Fenced
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Concrete
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Direct Garage Access, Driveway, Garage Faces Front, Garage Door Opener
  • Has Attached Garage
Lot Information
  • Lot Features: Back Yard, Front Yard, Lot 20000-39999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 149160002
  • Year Built Source: Public Records
  • Architectural Style: Traditional
  • Property is not Attached
  • Offered With Property: Stove, Dishwasher
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Riverside Unified
Location / Neighborhood
Location Information
  • Directions: Drive North on La Sierra Ave., make a left turn on Palm Terrace
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Riverside Agent

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Sale History for 11152 Palm Terrace Ln

Last sold for $625,000 on October 27th, 2021
  • September, 2021

  • Sep 18, 2021

    Date

    Active

    CRMLS: PW21204138

    $589,000

    Price

  • Sep 16, 2021

    Date

    Coming Soon

    CRMLS: PW21204138

    $589,000

    Price

  • May, 2017

  • May 23, 2017

    Date

    Sold (Public Records)

    Public Records

    $435,000

    Price

  • December, 2016

  • Dec 14, 2016

    Date

    Sold (Public Records)

    Public Records

    $328,000

    Price

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Tax History for 11152 Palm Terrace Ln

Assessed Value (2020): $461,624
Year Land Value Improved Value Assessed Value
2020 $68,978 $392,646 $461,624

Home Value Compared to the Market

This property vs the competition

11152 Palm Terrace Ln sold on October 27, 2021 for 9.38% lower 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 $290.43 per/sqft which puts the price per square foot 25.34% lower than the current median sale per square foot for the city of Riverside.

About 11152 Palm Terrace Ln

Detailed summary of property

11152 Palm Terrace Ln is a single family home that recently sold in Riverside, CA 92505. This house offered 4 bedrooms, 2.5 bathrooms, roughly 2,028 living square feet, and sits on an approximately 38,333 square foot lot. 11152 Palm Terrace Ln was first listed on ArdentRealEstateGroup.com on September 16, 2021. The homeowner sold the property for $625,000. 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 9.38% lower than the current median priced home. Local homes that are currently for sale include 5527 Coonen Dr, 5315 Nancy Way and 10140 Jamaica Circle. While the average home in Riverside, CA is selling in 53 days, 11152 Palm Terrace Ln has a days on market of 8 days. There are currently 789 homes for sale in the Riverside real estate market and 726 of them are single family homes while 54 of them are condos and 9 are townhomes. For more information on this home for sale at 11152 Palm Terrace Ln Riverside, CA 92505 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 11152 Palm Terrace Ln

Public county record property details
Beds
4
Baths
2
Year built
1962
Sq. Ft.
2,028
Lot Size
38,332
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Riverside
Lot#
--
APN
149-160-002

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
$659,999
Median List Price/Sq.Ft.
$403
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$384
Total Inventory
64
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%)

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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.