4779 Tequesquite Ave Riverside, CA 92501

$2,000,000 Sold Price as of 02/04/2004

-- Beds
-- Baths
-- Sq.Ft.

Off Market

$2,000,000 Sold Price as of 02/04/2004 Refinance Your Mortgage

Map preview of 4779 Tequesquite Ave, Riverside, CA 92501

Property Overview: 4779 Tequesquite Ave Riverside, CA has -- bedrooms, -- bathrooms, -- living square feet and 120,225 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

4779 Tequesquite Ave is currently an off market home in the city of Riverside. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Riverside has a median list price of $689,990. The median price per/sqft for Riverside is $367. With those numbers in mind, if you are looking to purchase a median priced home in Riverside, CA and put 20% down you will need to save up $137,998 for the down payment and will need roughly $13,800 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Riverside the commission could be as much as $33,750. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 4779 Tequesquite Ave

Last sold for $2,000,000 on February 4th, 2004

May, 2024
May 16, 2024

Date

Withdrawn

CRMLS: 22143609

$6,750,000

Price
Apr 5, 2022

Date

Active

CRMLS: 22143609

$6,750,000

Price
Listing provided courtesy of CRMLS

We are pleased to present 4779 Tequesquite Avenue located at the edge of Downtown Riverside, California. This large 2.76 acre lot is being offered for sale for the first time in 18 years, and it is one of the last remaining vacant lots in Riverside zoned for multi-residential development.According to our research, this R-3 zoned lot will allow a developer to build 80 market-rate apartment units (or 80 for-sale condos) using the "by-right" zoning, or a developer can take advantage of the state's density bonus and build a maximum of 122 units. If you utilize this density bonus, at least 15% of the units will need to be restricted to affordable housing, which means you can build 103 market-rate units with 19 affordable units.The lot is in a very desirable part of Riverside, nestled next to a beautiful mountain range, and within walking distance of hiking trails that lead up to the famous Mount Rubidoux Park. The lot is only 1 mile away from the center of downtown Riverside and less than 4 miles from the UC Riverside campus.

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February, 2004
Feb 4, 2004

Date

Sold (Public Records)

Public Records

$2,000,000

Price

Tax History for 4779 Tequesquite Ave

Assessed Value (2020): --

Year	Land Value	Improved Value	Assessed Value
2020	$690,865	--	--

About 4779 Tequesquite Ave

Detailed summary of property

4779 Tequesquite Ave is categorized with a use code of Commercial-Vacant Land in Riverside, CA 92501 and last sold on February 4, 2004 for $2,000,000. This property has -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 120,225 square foot lot. Homes 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 196.3% higher than the current median priced home. 4779 Tequesquite Ave was last sold on February 4, 2004 for $2,000,000. Local nearby listings include 3617 Linwood Pl, 3625 Oakwood Pl and 4317 Suffolk St. The average home in Riverside, CA is selling in 48 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. If you are the homeowner and looking to sell the home at 4779 Tequesquite Ave Riverside, CA 92501 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 4779 Tequesquite Ave

Public county record property details

Beds: --
Baths: --
Year built: --
Sq. Ft.: --
Lot Size: 120,225
Stories: --

Type: Commercial-Vacant Land
Pool: No
Spa: No
County: Riverside
Lot#: --
APN: 217-093-001

The source for these homes facts are from public records.

92501 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$669,000

Median List Price/Sq.Ft.

$349

Median Sold Price

$580,000

Median Sold Price/Sq.Ft.

$371

Total Inventory

Median Sale to List Price %

100.87%

Avg Days on Market

Loan Type

Conventional (55.56%), FHA (0%), VA (0%), Cash (22.22%), Other (22.22%)

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