3886 Merrill Ave, Riverside, CA 92506
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3886 Merrill Ave Riverside, CA 92506

$811,000 Sold Price as of 10/31/2022
  • -- Beds
  • -- Baths
  • 1,200 Sq.Ft.
Sold
$811,000 Sold Price as of 10/31/2022 Refinance Your Mortgage

Map preview of 3886 Merrill Ave, Riverside, CA 92506

Property Overview: 3886 Merrill Ave Riverside, CA has -- bedrooms, -- bathrooms, 1,200 living square feet and 6,098 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great opportunity to own a profitable automotive repair shop in a solid location. Owner operated for 50 years with established recognition and good reputation. Prime location with excellent visibility from the high traffic street of Magnolia ave. Shop provides auto alignments, brakes, shocks, suspension, and other care and repair. This industry is thriving through the current economical climate. There are two large indoor bay areas, with two 36” hoists, one serves as a heavy duty alignment rack. In the back of the shop there is an outdoor covered area approx. 36’ X 36’ with two 6’ hoists. Building is approx 1200 sqft with a bathroom and small office. There is Parking on the side of the building, back and front. Less than 1 mile form the 91 freeway.

Listed by Alaura Clennon | BRE #01390361 | Coastal Trend Realty
Last checked: 13 minutes ago | Last updated: November 3rd, 2022 | Source CRMLS | DOM: 362

Home details

Lot Sq. Ft
6,098
HOA Dues
$0/mo
Year built
1951
Garage
--
Property Type:
Specialty
Status
Sold
MLS#
OC21216014
City
Riverside
County
Riverside
Time on Site
945 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3886 Merrill Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 225133010
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Available, Phone Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Directions: Corner of Magnolia Ave & Merrill Ave
View more facts & features

Local Riverside Agent

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Sale History for 3886 Merrill Ave

Last sold for $811,000 on October 31st, 2022
  • October, 2022

  • Oct 31, 2022

    Date

    Sold

    CRMLS: OC21216014

    $811,000

    Price

  • Oct 10, 2021

    Date

    Active

    CRMLS: OC21216014

    $940,000

    Price

  • July, 1999

  • Jul 31, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 3886 Merrill Ave

Assessed Value (2020): $98,971
Year Land Value Improved Value Assessed Value
2020 $54,893 $44,078 $98,971

Home Value Compared to the Market

This property vs the competition

3886 Merrill Ave sold on October 31, 2022 for 32.59% higher 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 $745.83 per/sqft which puts the price per square foot 99.96% higher than the current median sale per square foot for the city of Riverside.

About 3886 Merrill Ave

Detailed summary of property

3886 Merrill Ave is a specialty that recently sold in Riverside, CA 92506. This specialty property offered -- bedrooms, -- bathrooms, roughly 1,200 living square feet, and sits on an approximately 6,098 square foot lot. 3886 Merrill Ave was first listed on ArdentRealEstateGroup.com on October 10, 2021. The homeowner sold the property for $811,000. 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 32.59% higher than the current median priced home. Local homes that are currently for sale include 270 S San Dimas Ave, 1129 S Lemon St and 501 W Lambert Rd. While the average home in Riverside, CA is selling in 48 days, 3886 Merrill Ave has a days on market of 362 days. There are currently 676 homes for sale in the Riverside real estate market and 630 of them are single family homes while 40 of them are condos and 6 are townhomes. For more information on this home for sale at 3886 Merrill Ave Riverside, CA 92506 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 3886 Merrill Ave

Public county record property details
Beds
--
Baths
--
Year built
1951
Sq. Ft.
--
Lot Size
6,098
Stories
1
Type
Commercial (General)
Pool
No
Spa
No
County
Riverside
Lot#
4,5
APN
225-133-010

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
$749,000
Median List Price/Sq.Ft.
$380
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$365
Total Inventory
105
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.