5255 Palm Ave, Riverside, CA 92506
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5255 Palm Ave Riverside, CA 92506

$500,000 Sold Price as of 03/26/2021
  • 3 Beds
  • 2 Baths
  • 1,440 Sq.Ft.
Sold
$500,000 Sold Price as of 03/26/2021 Refinance Your Mortgage

Map preview of 5255 Palm Ave, Riverside, CA 92506

Property Overview: 5255 Palm Ave Riverside, CA has 3 bedrooms, 2 bathrooms, 1,440 living square feet and 10,890 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Remodeled Craftsman Cottage with Workshop and Storage Shed on large quarter acre lot, fully fenced, plenty of parking for RVs & toys. This charming Bungalow features, living room with fireplace and formal dining, remodeled kitchen, complete with granite counter tops, wood floors and huge walk-in pantry. Private Master bedroom suite with remodeled private full bathroom with quartz dual vanities. The second bathroom is also remodeled with tile floor and tiled shower enclosure. Large indoor laundry area. All upgraded windows with gas-filled energy-efficient dual panes and 5-yr-old roof. A fully fenced and landscaped yard for children and pets with a small treehouse and an outdoor wood burning oven/pizza oven as well as 2 lovely herb gardens. Walking distance to the Ryan Bonaminio Park that features baseball field, track, exercise station and close to hiking and biking trails in Mt Rubidoux. Located 2 miles from Downtown Riverside and Riverside Plaza, 91 & 60 FWY.

Listed by ALVIN TAPIA | BRE #01103581 | Keller Williams SoCal
Last checked: 9 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
10,890
HOA Dues
$0/mo
Year built
1937
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
IV21031942
City
Riverside
County
Riverside
Time on Site
1300 days

Property Details for 5255 Palm Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Individual Room, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room, Gas
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 2
  • Eating Area: Dining Room, Separated
  • Flooring: Carpet, Wood
  • All Bedrooms Down, Master Suite, Walk-In Pantry, Workshop
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave
  • Granite Counters, Remodeled Kitchen, Walk-In Pantry
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Ceiling Fan(s), Granite Counters, Pantry, Storage
  • Levels: One
  • Window Features: Double Pane Windows, Screens
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Asphalt, Composition
  • Rain Gutters, Satellite Dish
  • Has Fence
  • Wire
  • Other Structures: Shed(s), Workshop
  • No Spa
  • Spa Features: None
  • Has Sprinklers
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Concrete, Covered, Deck, Patio
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, RV Access/Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Garden, Landscaped, Lawn, Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Park Nearby, Sprinkler System, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Hills, Park/Greenbelt
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 217224016
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Foundation Details: Slab
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • Elementary School: Magnolia
  • Elementary School: MAGNOL
  • Middle/Junior High School: Central
  • Middle/Junior High School: CENTRA2
  • High School: Polytechnic
  • High School: POLYTE
  • High School District: Riverside Unified
Location / Neighborhood
Location Information
  • Directions: North of Bandini Ave / West of Brockton Ave
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Suburban
View more facts & features

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Sale History for 5255 Palm Ave

Last sold for $500,000 on March 26th, 2021
  • March, 2021

  • Mar 29, 2021

    Date

    Sold

    CRMLS: IV21031942

    $500,000

    Price

  • Mar 1, 2021

    Date

    Pending

    CRMLS: IV21031942

    $469,000

    Price

  • Feb 22, 2021

    Date

    Hold

    CRMLS: IV21031942

    $469,000

    Price

  • Feb 18, 2021

    Date

    Active

    CRMLS: IV21031942

    $469,000

    Price

  • March, 2018

  • Mar 3, 2018

    Date

    Sold

    CRMLS: IV18008467

    $350,000

    Price

  • Jan 29, 2018

    Date

    Active Under Contract

    CRMLS: IV18008467

    $364,900

    Price

  • Jan 12, 2018

    Date

    Active

    CRMLS: IV18008467

    $364,900

    Price

  • Listing provided courtesy of CRMLS

    Remodeled Craftsman Cottage with Workshop on large quarter acre lot, fully fenced, plenty of parking for RVs & toys. This charming Bungalow features, living room with fireplace, and formal dining, remodeled kitchen, complete with granite counter tops, gas stove, tile floor, huge walk-in pantry. Private Master bedroom suite with private full bathroom and office/family room off master, 2nd bath with tile floor, tiled shower enclosure, pedestal sink, and newer toilet. Large indoor laundry area. All upgraded windows with gas-filled energy-efficient dual panes, newer water heater, 3-yr-old roof. A fully fenced and landscaped yard for children and pets. Watch 4th of July Fireworks show from your own yard. Walking distance to the Ryan Bonaminio Park that features baseball field, track, exercise station and close to hiking and biking trails in Mt Rubidoux. Located close to downtown, 91 & 60 FWY

  • March, 2018

  • Mar 2, 2018

    Date

    Sold (Public Records)

    Public Records

    $350,000

    Price

  • January, 2018

  • Jan 1, 2018

    Date

    Expired

    CRMLS: IG17197017

    $364,900

    Price

  • Nov 17, 2017

    Date

    Price Change

    CRMLS: IG17197017

    $364,900

    Price

  • Aug 25, 2017

    Date

    Active

    CRMLS: IG17197017

    $369,900

    Price

  • Listing provided courtesy of CRMLS

    Beautifully Upgraded "Wood Streets" cottage situated on large quarter acre lot, fully fenced, with workshop and plenty of parking for RVs & toys. This charming Bungalow features, living room with fireplace, and formal dining, remodeled kitchen, complete with granite counter tops, gas stove, tile floor, huge pantry! All windows have been replaced with gas-filled energy-efficient dual panes, newer water heater, 3-yr-old roof. Private Master bedroom suite with private full bathroom 2nd bath with tile floor, tiled shower enclosure, pedestal sink, and newer toilet. Large indoor laundry area, and family room. Flowers and landscaped yard fenced for children and pets. Watch 4th of July Fireworks show from own yard. Don't miss this great home in an amazing historical "Wood Streets" neighborhood!

  • July, 2017

  • Jul 18, 2017

    Date

    Canceled

    CRMLS: IG17035284

    $344,900

    Price

  • May 10, 2017

    Date

    Hold

    CRMLS: IG17035284

    $344,900

    Price

  • Mar 27, 2017

    Date

    Pending

    CRMLS: IG17035284

    $344,900

    Price

  • Feb 21, 2017

    Date

    Active

    CRMLS: IG17035284

    $344,900

    Price

  • Listing provided courtesy of CRMLS

    Terrific value on this delightful "Wood Streets" 1937 cottage. The best part...it's situated upon a quarter acre, with plenty of parking for RVs, boats, work trucks, etc. A covered front porch welcomes you thru the charming red door into a chic living room with fireplace, and formal dining area with pass-thru to the remodeled kitchen, complete with granite counter tops, lots of counter space for food prep, gas stove, tile floor, and enormous walk-in pantry! All windows have been replaced with gas-filled energy-efficient dual panes, as well as newer water heater, and 3-yr-old roof. No central air; however, you'd never know it with the high-end, quiet, energy-efficient window units. True master bedroom suite with private bathroom complete with soaking tub and retro counter top tile. Hallway bath boasts tile floor, tiled shower enclosure, pedestal sink, and newer toilet. Large indoor laundry, and a large bonus room (in addition to 3 bedrooms) that could be used as a craft room, gym, or office. Plenty of green grassy areas for children and pets, and space for gardening and pool, if desired. A shed was built to resemble the house, and is large enough for storage of bikes and/or tools, or family keepsakes. You won't want to miss this remarkably cute home on a super functional lot in an amazing historical neighborhood!

  • June, 2014

  • Jun 11, 2014

    Date

    Sold (Public Records)

    Public Records

    $242,500

    Price

Show More

Tax History for 5255 Palm Ave

Assessed Value (2020): $364,140
Year Land Value Improved Value Assessed Value
2020 $93,636 $270,504 $364,140

Home Value Compared to the Market

This property vs the competition

5255 Palm Ave sold on March 26, 2021 for 27.85% lower than the current median sold price for the city of Riverside which is $650,000. The median sold price per/sqft for Riverside is $389 and this home is sold at $325.69 per/sqft which puts the price per square foot 16.27% lower than the current median sale per square foot for the city of Riverside.

About 5255 Palm Ave

Detailed summary of property

5255 Palm Ave is a single family home that recently sold in Riverside, CA 92506. This house offered 3 bedrooms, 2 bathrooms, roughly 1,440 living square feet, and sits on an approximately 10,890 square foot lot. 5255 Palm Ave was first listed on ArdentRealEstateGroup.com on March 1, 2021. The homeowner sold the property for $500,000. Home 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 27.85% lower than the current median priced home. Local homes that are currently for sale include 5392 Walter St, 2611 12th St and 3150 David St. While the average home in Riverside, CA is selling in 53 days, 5255 Palm Ave has a days on market of 2 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. For more information on this home for sale at 5255 Palm 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 5255 Palm Ave

Public county record property details
Beds
2
Baths
2
Year built
1937
Sq. Ft.
1,440
Lot Size
10,890
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Riverside
Lot#
205
APN
217-224-016

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
30
Loan Type
Conventional (52.5%), FHA (10%), VA (2.5%), Cash (20%), Other (15%)

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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.