5035 Olivewood Ave Riverside, CA 92506

$1,221,272 Sold Price as of 08/31/2017

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

Off Market

$1,221,272 Sold Price as of 08/31/2017 Refinance Your Mortgage

Map preview of 5035 Olivewood Ave, Riverside, CA 92506

Property Overview: 5035 Olivewood Ave Riverside, CA has -- bedrooms, -- bathrooms, -- living square feet and 39,204 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5035 Olivewood 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 $694,900. The median price per/sqft for Riverside is $371. 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 $138,980 for the down payment and will need roughly $13,898 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 $32,500. 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 5035 Olivewood Ave

Last sold for $1,221,272 on August 31st, 2017

August, 2017
Aug 31, 2017

Date

Sold

CRMLS: PW17111497

$2,585,000

Price
Aug 7, 2017

Date

Pending

CRMLS: PW17111497

$2,550,000

Price
Jun 10, 2017

Date

Active Under Contract

CRMLS: PW17111497

$2,550,000

Price
May 19, 2017

Date

Active

CRMLS: PW17111497

$2,550,000

Price
Listing provided courtesy of CRMLS

The Glen Echo Apartments consists of a an attractive unit mix: (1) 3+1.5 SFR, (11) 2+1 units, (8) 1+1 units near Downtown Riverside, Riverside Community College, and University of California, Riverside. Superb access to all major freeways including FWY 91, FWY 215, FWY 60. Tenant amenities include: Courtyard with a sparkling pool, BBQ areas, on-site laundry facility, carport and open parking. The Glen Echo Apartments allows for an investor to acquire a well-positioned asset in a supply constrained submarket. Increased demand for apartment rentals within the University submarket have increased rents significantly, and all projections point towards continued growth. The property is located near various amenities including: multiple supermarkets, transit lines, dining establishments and service providers.

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August, 2017
Aug 31, 2017

Date

Sold (Public Records)

Public Records

$1,221,272

Price
October, 2006
Oct 6, 2006

Date

Sold (Public Records)

Public Records

$2,040,000

Price

Tax History for 5035 Olivewood Ave

Assessed Value (2020): $2,205,648

Year	Land Value	Improved Value	Assessed Value
2020	$598,230	$1,607,418	$2,205,648

About 5035 Olivewood Ave

Detailed summary of property

5035 Olivewood Ave is categorized with a use code of Apartment House (5+ Units) in Riverside, CA 92506 and last sold on August 31, 2017 for $1,221,272. This property has -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 39,204 square foot lot. Homes 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 87.89% higher than the current median priced home. 5035 Olivewood Ave was last sold on August 31, 2017 for $1,221,272. Local nearby listings include 3003 Central Ave, 4376 Park Ave and 4241 Beechwood Pl. The average home in Riverside, CA is selling in 53 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. If you are the homeowner and looking to sell the home at 5035 Olivewood 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 5035 Olivewood Ave

Public county record property details

Beds: --
Baths: --
Year built: --
Sq. Ft.: --
Lot Size: 39,204
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Riverside
Lot#: 191
APN: 219-163-022

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

$759,900

Median List Price/Sq.Ft.

$386

Median Sold Price

$640,000

Median Sold Price/Sq.Ft.

$400

Total Inventory

137

Median Sale to List Price %

98.46%

Avg Days on Market

Loan Type

Conventional (52.5%), FHA (10%), VA (2.5%), Cash (20%), Other (15%)

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