5060 Mitchell Ave Riverside, CA 92505

$368,000 Sold Price as of 07/31/2017

2 Beds
2 Baths
941 Sq.Ft.

Off Market

$368,000 Sold Price as of 07/31/2017 Refinance Your Mortgage

Map preview of 5060 Mitchell Ave, Riverside, CA 92505

Property Overview: 5060 Mitchell Ave Riverside, CA has 2 bedrooms, 2 bathrooms, 941 living square feet and 13,068 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5060 Mitchell 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 $689,000. The median price per/sqft for Riverside is $368. 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 $137,800 for the down payment and will need roughly $13,780 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 $33,000. 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 5060 Mitchell Ave

Last sold for $368,000 on July 31st, 2017

August, 2017
Aug 1, 2017

Date

Sold

CRMLS: OC16726027

$368,000

Price
Jun 2, 2017

Date

Pending

CRMLS: OC16726027

$410,000

Price
Feb 6, 2017

Date

Active

CRMLS: OC16726027

$410,000

Price
Dec 6, 2016

Date

Active Under Contract

CRMLS: OC16726027

$410,000

Price
Oct 14, 2016

Date

Active

CRMLS: OC16726027

$410,000

Price
Listing provided courtesy of CRMLS

Two houses on the same property. Front house is 2 bedroom and 2 bath and was built in the 1950's. The back house is also 2 bedroom and 2 bath, built in 2006. Each house has a one car garage and its own laundry area. Plenty of additional parking on the property between the two homes. A long driveway serves both houses which are located on opposite ends of the property and are independent from each other. There are quite a few horse properties in the area. Very near the commercial district and at the same time private enough to attract good rents.

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July, 2017
Jul 31, 2017

Date

Sold (Public Records)

Public Records

$368,000

Price
February, 2005
Feb 25, 2005

Date

Sold (Public Records)

Public Records

$264,000

Price

Tax History for 5060 Mitchell Ave

Assessed Value (2020): $383,387

Year	Land Value	Improved Value	Assessed Value
2020	$67,626	$315,761	$383,387

About 5060 Mitchell Ave

Detailed summary of property

5060 Mitchell Ave is categorized with a use code of Multi-Family Dwellings (Generic, Any Combination 2+) in Riverside, CA 92505 and last sold on July 31, 2017 for $368,000. This property has 2 bedrooms, 2 bathrooms, roughly 941 living square feet, and sits on an approximately 13,068 square foot lot. Homes in Riverside are selling for a median price of $660,000 and a median price per square foot of $361. Based on Ardent Real Estate Group's Riverside Market Data, this home is sold 44.24% lower than the current median priced home. 5060 Mitchell Ave was last sold on July 31, 2017 for $368,000. Local nearby listings include 2925 Myers St, 758 7th St and 16971 Lakepointe Dr. The average home in Riverside, CA is selling in 48 days. There are currently 753 homes for sale in the Riverside real estate market and 697 of them are single family homes while 48 of them are condos and 8 are townhomes. If you are the homeowner and looking to sell the home at 5060 Mitchell Ave Riverside, CA 92505 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 5060 Mitchell Ave

Public county record property details

Beds: 2
Baths: 2
Year built: 2006
Sq. Ft.: 941
Lot Size: 13,068
Stories: 1

Type: Multi-Family Dwellings (Generic, Any Combination 2+)
Pool: No
Spa: No
County: Riverside
Lot#: 1
APN: 146-170-041

The source for these homes facts are from public records.

92505 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$660,000

Median List Price/Sq.Ft.

$362

Median Sold Price

$675,000

Median Sold Price/Sq.Ft.

$387

Total Inventory

Median Sale to List Price %

102.27%

Avg Days on Market

Loan Type

Conventional (55%), FHA (25%), VA (5%), Cash (15%), Other (0%)

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