17047 Ridge Canyon Dr, Riverside, CA 92506
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17047 Ridge Canyon Dr Riverside, CA 92506

$583,000 Sold Price as of 10/01/2019
  • 8 Beds
  • 6 Baths
  • 3,677 Sq.Ft.
Sold
$583,000 Sold Price as of 10/01/2019 Refinance Your Mortgage

Map preview of 17047 Ridge Canyon Dr, Riverside, CA 92506

Property Overview: 17047 Ridge Canyon Dr Riverside, CA has 8 bedrooms, 6 bathrooms, 3,677 living square feet and 65,340 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Investment opportunity. Live in one house and receive $2000 month from duplex. If you're looking for a nice single story t live in and have rental income this property has it all. Sitting on 1.5 acres this rural home with a pool has 4 bedrooms with a Master bed and bath separated from the other rooms. Step out the back and take a dive in the pool. A large family room is separated from the living room by the kitchen. Lots of room for large parties, even if you have two groups. Watch TV in one and play games in the other. Yes, you can do that here. The 2 car garage has a separate work room that includes an unpermitted bathroom. The investment opportunity comes from the duplex that sits at the bottom of the property. Each unit has 1 bedroom and 1 bath. Rents are low now due to family but owner has been offered over $1000 each. One unit was in great shape while the other needs carpet. All of this with room for RV's and boats. Property has one APN but two addresses. The second address for the duplex is 17047 and is the one showing under this APN. I almost forgot to mention the view. Sit in the living room and look out over the city lights. You can see forever on a clear day. Feel like you're on top of the world.

Listed by JEFF MAAS | BRE #00981576 | NATIONAL REALTY GROUP
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 69

Home details

Lot Sq. Ft
65,340
HOA Dues
$0/mo
Year built
1980
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
IV19133497
City
Riverside
County
Riverside
Time on Site
1382 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $24,000
  • Net Operating Income: $8,400
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $15,600
  • Electric: $6,000
  • Gas/Fuel: $0
  • New Taxes: $7,500
  • Trash: $500
  • Insurance: $1,000
  • Water/Sewer: $600

Property Details for 17047 Ridge Canyon Dr

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Family Room
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • Has Pool
  • Pool Features: Private, Fenced, Heated
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 245250030
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Conventional Septic
  • Water Source: Private
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Washington or Bradley to Golden Star
Neighborhood Information
  • Community Features: Foothills
View more facts & features

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Sale History for 17047 Ridge Canyon Dr

Last sold for $583,000 on October 1st, 2019
  • October, 2019

  • Oct 2, 2019

    Date

    Sold

    CRMLS: IV19133497

    $583,000

    Price

  • Aug 23, 2019

    Date

    Pending

    CRMLS: IV19133497

    $599,900

    Price

  • Aug 14, 2019

    Date

    Active

    CRMLS: IV19133497

    $599,900

    Price

  • Aug 6, 2019

    Date

    Pending

    CRMLS: IV19133497

    $599,900

    Price

  • Jul 15, 2019

    Date

    Price Change

    CRMLS: IV19133497

    $599,900

    Price

  • Jun 6, 2019

    Date

    Active

    CRMLS: IV19133497

    $629,900

    Price

  • October, 2019

  • Oct 2, 2019

    Date

    Sold

    CRMLS: IV19133464

    $583,000

    Price

  • Aug 23, 2019

    Date

    Pending

    CRMLS: IV19133464

    $599,900

    Price

  • Aug 14, 2019

    Date

    Active

    CRMLS: IV19133464

    $599,900

    Price

  • Aug 5, 2019

    Date

    Active Under Contract

    CRMLS: IV19133464

    $599,900

    Price

  • Jul 15, 2019

    Date

    Price Change

    CRMLS: IV19133464

    $599,900

    Price

  • Jun 6, 2019

    Date

    Active

    CRMLS: IV19133464

    $629,900

    Price

  • Listing provided courtesy of CRMLS

    If you're looking for a nice single story t live in and have rental income this property has it all. Sitting on 1.5 acres this rural home with a pool has 4 bedrooms with a Master bed and bath separated from the other rooms. Step out the back and take a dive in the pool. A large family room is separated from the living room by the kitchen. Lots of room for large parties, even if you have two groups. Watch TV in one and play games in the other. Yes, you can do that here. The 2 car garage has a separate work room that includes an unpermitted bathroom. The investment opportunity comes from the duplex that sits at the bottom of the property. Each unit has 1 bedroom and 1 bath. Rents are low now due to family but owner has been offered over $1000 each. One unit was in great shape while the other needs carpet. All of this with room for RV's and boats. Property has one APN but two addresses. The second address for the duplex is 17047 and is the one showing under this APN. I almost forgot to mention the view. Sit in the living room and look out over the city lights. You can see forever on a clear day. Feel like you're on top of the world.

  • October, 2019

  • Oct 1, 2019

    Date

    Sold (Public Records)

    Public Records

    $583,000

    Price

  • October, 2003

  • Oct 24, 2003

    Date

    Sold (Public Records)

    Public Records

    $355,000

    Price

Show More

Tax History for 17047 Ridge Canyon Dr

Assessed Value (2020): $583,000
Year Land Value Improved Value Assessed Value
2020 $150,000 $433,000 $583,000

Home Value Compared to the Market

This property vs the competition

17047 Ridge Canyon Dr sold on October 1, 2019 for 11.13% 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 $163.15 per/sqft which puts the price per square foot 56.26% lower than the current median sale per square foot for the city of Riverside.

About 17047 Ridge Canyon Dr

Detailed summary of property

17047 Ridge Canyon Dr is a multi family that recently sold in Riverside, CA 92506. This multi family property offered 8 bedrooms, 6 bathrooms, roughly 3,677 living square feet, and sits on an approximately 65,340 square foot lot. 17047 Ridge Canyon Dr was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $583,000. 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 11.13% lower than the current median priced home. Local homes that are currently for sale include 946 S Vancouver Ave, 4775 Hammel St and 4173 Hubbard St. While the average home in Riverside, CA is selling in 50 days, 17047 Ridge Canyon Dr has a days on market of 69 days. There are currently 648 homes for sale in the Riverside real estate market and 608 of them are single family homes while 34 of them are condos and 6 are townhomes. For more information on this home for sale at 17047 Ridge Canyon Dr Riverside, CA 92506 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 17047 Ridge Canyon Dr

Public county record property details
Beds
2
Baths
2
Year built
2010
Sq. Ft.
1,152
Lot Size
65,340
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
Yes
Spa
No
County
Riverside
Lot#
A,1
APN
245-250-030

The source for these homes facts are from public records.

92506 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$765,000
Median List Price/Sq.Ft.
$376
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$365
Total Inventory
104
Median Sale to List Price %
100.01%
Avg Days on Market
31
Loan Type
Conventional (28%), FHA (28%), VA (0%), Cash (28%), Other (16%)

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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.