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3937 Merrill Ave, Riverside, CA 92506
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3937 Merrill Ave Riverside, CA 92506

$425,000 Sold Price as of 04/01/2019
  • 2 Beds
  • 4 Baths
  • 2,727 Sq.Ft.
Sold
$425,000 Sold Price as of 04/01/2019 Refinance Your Mortgage
Map preview of 3937 Merrill Ave, Riverside, CA 92506

Property Overview: 3937 Merrill Ave Riverside, CA has 2 bedrooms, 4 bathrooms, 2,727 living square feet and 8,651 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: FOUR RETAIL/OFFICE SPACE UNITS EAST OF RIVERSIDE PLAZA. CLOSE TO FREEWAYS, SHOPPING, GREAT TRAFFIC AREAS (MAGNOLIA 22,759 DAILY TRAFFIC). LARGE PARKING LOT IN BACK. TWO UNITS HAVE MERRILL ST. FRONTAGE. UPPER UNIT MERRILL ST. FRONTAGE WITH SIDE STAIRS AND LARGE STAND ALONE UNIT IN BACK. EIGHT OPEN PAVED PARKING SPACES BEHIND UNITS. LOTS OF OFFICE SPACE/STORAGE SPACE. THE OPPORTUNITIES ARE ENDLESS. DONT MISS OUT ON THIS ONE!

Listed by TINA ANDERSON | BRE #01386534 | MAGNOLIA REALTY
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 19

Home details

Lot Sq. Ft
8,651
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Retail
Status
Sold
MLS#
IV19012085
City
Riverside
County
Riverside
Time on Site
1395 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: --
  • # of Baths: 1
  • Actual Rent: $1,025
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: --
  • # of Baths: 1
  • Actual Rent: $550
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $850
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: --
  • # of Baths: 1
  • Total Rent: --
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 3937 Merrill Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Common Area
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 225131008
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: X street Magnolia and Central
View more facts & features

Local Riverside Agent

Sale History for 3937 Merrill Ave

Last sold for $425,000 on April 1st, 2019

  • July, 2019

  • Jul 23, 2019

    Date

    Expired

    CRMLS: IG19090966

    --

    Price

  • Apr 22, 2019

    Date

    Active

    CRMLS: IG19090966

    --

    Price

  • Listing provided courtesy of CRMLS

    Office space, close to freeways, shoppings and more. Large parking lot in the back.

  • April, 2019

  • Apr 1, 2019

    Date

    Sold

    CRMLS: IV19012085

    $425,000

    Price

  • Feb 4, 2019

    Date

    Pending

    CRMLS: IV19012085

    $435,900

    Price

  • Jan 16, 2019

    Date

    Active

    CRMLS: IV19012085

    $435,900

    Price

  • March, 2019

  • Mar 27, 2019

    Date

    Sold (Public Records)

    Public Records

    $425,000

    Price

Show More

Tax History for 3937 Merrill Ave

Assessed Value (2020): $433,500
Year Land Value Improved Value Assessed Value
2020 $132,600 $300,900 $433,500

Home Value Compared to the Market

This property vs the competition

3937 Merrill Ave sold on April 1, 2019 for 35.42% 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 $159.85 per/sqft which puts the price per square foot 57.15% lower than the current median sale per square foot for the city of Riverside.

About 3937 Merrill Ave

Detailed summary of property

3937 Merrill Ave is a retail that recently sold in Riverside, CA 92506. This retail property offered 2 bedrooms, 4 bathrooms, roughly 2,727 living square feet, and sits on an approximately 8,651 square foot lot. 3937 Merrill Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $425,000. 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 35.42% lower than the current median priced home. While the average home in Riverside, CA is selling in 48 days, 3937 Merrill Ave has a days on market of 19 days. There are currently 681 homes for sale in the Riverside real estate market and 631 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 3937 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 3937 Merrill Ave

Public county record property details
Beds
--
Baths
--
Year built
1956
Sq. Ft.
--
Lot Size
8,712
Stories
2
Type
Commercial (General)
Pool
No
Spa
No
County
Riverside
Lot#
40
APN
225-131-008

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
$740,000
Median List Price/Sq.Ft.
$381
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$365
Total Inventory
109
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.

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