5515 Norman Way, Riverside, CA 92504
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5515 Norman Way Riverside, CA 92504

$500,000 Sold Price as of 11/30/2021
  • 2 Beds
  • 2 Baths
  • 1,144 Sq.Ft.
Sold
$500,000 Sold Price as of 11/30/2021 Refinance Your Mortgage

Map preview of 5515 Norman Way, Riverside, CA 92504

Property Overview: 5515 Norman Way Riverside, CA has 2 bedrooms, 2 bathrooms, 1,144 living square feet and 6,970 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Charming, fully renovated home located on a quiet cut-de-sac. Move in ready with all the upgrades. Upon entry you'll find the open concept living area and brand new kitchen complete with new cabinets, large island, quartz countertops, new stainless steel appliances, new laminate flooring throughout, up to date interior paint throughout, recessed lighting, and new light fixtures inside and out. Two spacious bedrooms with ample closet space and newer ceiling fans. Third bedroom with a brand new fully renovated bathroom with modern chic tile, quartz counters, and new laminate flooring throughout. Best of all, it has it's own separate entrance to provide privacy for your guests or potential renters. Plenty of pace to add a kitchenette. This home is move in ready and has income potential. Seller spared no expense. The following are all new: external/interior paint, fascias, exterior stone, kitchen cabinets, appliances (except refrigerator), interior and exterior paint, laminate flooring, both restrooms completely remodeled, new piping throughout, recessed lighting, light fixtures, water heating system, new mini split A/C (will be installed before the COE), updated roof (new top layer), new seed and fertilizer for future curb appeal. Large backyard with patio, patio has new light fixtures, plenty of space to add a pool. Perfect for entertaining. A must see!

Listed by Michelle Cervantes | BRE #01828344 | JohnHart Real Estate
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
6,970
HOA Dues
$0/mo
Year built
1953
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
IG21220816
City
Riverside
County
Riverside
Time on Site
927 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $900
  • Pro Forma/Market Rent: $900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $3,300
  • Net Operating Income: $200
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $200
  • Electric: $480
  • Gas/Fuel: $720
  • Trash: $360
  • Insurance: $800
  • Water/Sewer: $540

Property Details for 5515 Norman Way

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Outside
Room Information
  • All Bedrooms Down, Bonus Room, Kitchen, Living Room
Interior Features
  • Unfurnished
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
Lot Information
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 190184019
  • Year Built Source: Assessor
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Exit Adams off 91 fwy, head North, right on California, left on Norman
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Suburban
View more facts & features

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Sale History for 5515 Norman Way

Last sold for $500,000 on November 30th, 2021
  • November, 2021

  • Nov 30, 2021

    Date

    Sold

    CRMLS: IG21220816

    $500,000

    Price

  • Oct 4, 2021

    Date

    Active

    CRMLS: IG21220816

    $499,999

    Price

  • September, 2021

  • Sep 13, 2021

    Date

    Price Change

    CRMLS: IG21196947

    $499,999

    Price

  • Sep 6, 2021

    Date

    Active

    CRMLS: IG21196947

    $535,000

    Price

  • Listing provided courtesy of CRMLS

    Charming, fully renovated home located on a quiet cut-de-sac. Move in ready with all the upgrades. Upon entry you'll find the open concept living area and brand new kitchen complete with new cabinets, large island, quartz countertops, new stainless steel appliances, new laminate flooring throughout, up to date interior paint throughout, recessed lighting, and new light fixtures inside and out. Two spacious bedrooms with ample closet space and newer ceiling fans. Third bedroom with a brand new fully renovated bathroom with modern chic tile, quartz counters, and new laminate flooring throughout. Best of all, it has it's own separate entrance to provide privacy for your guests or potential renters. This home is move in ready and has income potential. Seller spared no expense. The following are all new: external/interior paint, fascias, exterior stone, kitchen cabinets, appliances (except refrigerator), interior and exterior paint, laminate flooring, both restrooms completely remodeled, new piping throughout, recessed lighting, light fixtures, water heating system, new mini split A/C (will be installed before the COE), updated roof (new top layer), new seed and fertilizer for future curb appeal. Large backyard with patio, patio has new light fixtures, plenty of space to add a pool. Perfect for entertaining. A must see!

  • October, 2019

  • Oct 31, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2017

  • Oct 18, 2017

    Date

    Canceled

    CRMLS: CV17220837

    $320,000

    Price

  • Sep 25, 2017

    Date

    Active

    CRMLS: CV17220837

    $320,000

    Price

  • Listing provided courtesy of CRMLS

    Cul de Sac home. Upgraded 3 bedroom home that's perfect for a first time home buyer. Newer laminate floors. The home features a kitchen with granite counter-tops and tile flooring. Ample amount of lighting in the house. The 3rd bedroom does have a separate entry to provide privacy for your guests or potential renters. Great sized lot with plenty of room for your kids to play and a covered patio to offer shade on sunny days.

  • October, 2017

  • Oct 16, 2017

    Date

    Expired

    CRMLS: IG17080492

    $319,000

    Price

  • Aug 4, 2017

    Date

    Withdrawn

    CRMLS: IG17080492

    $319,000

    Price

  • Jun 13, 2017

    Date

    Price Change

    CRMLS: IG17080492

    $319,000

    Price

  • May 25, 2017

    Date

    Price Change

    CRMLS: IG17080492

    $325,000

    Price

  • Apr 22, 2017

    Date

    Active

    CRMLS: IG17080492

    $335,000

    Price

  • Listing provided courtesy of CRMLS

    PRICE REDUCED! Nestled at the end of a quiet Cul-de-Sac, this gorgeous 3 bedroom 2 bath home boasts many upgrades. Newer laminate and tile flooring throughout. Spacious living room with chic modern flooring, great for entertaining. Kitchen has beautiful granite counter tops, newer tile flooring, plenty of cabinet space. Adjacent to the kitchen is a cozy eating nook area with newer flooring and a window view of the front yard/neighborhood. Three bedrooms with generous space, sizable closets, and ceiling fans. Bathroom one has been updated with newer shower/ tub, vanity, tile flooring and water friendly toilet. Third bedroom has a separate entrance and restroom which can come in handy if you'd like to rent it out. Back yard features a covered patio and plenty of space for entertaining. Lovely curb appeal. Brand new 1 car garage.

  • May, 2014

  • May 27, 2014

    Date

    Sold (Public Records)

    Public Records

    $245,000

    Price

Show More

Tax History for 5515 Norman Way

Assessed Value (2020): $320,000
Year Land Value Improved Value Assessed Value
2020 $80,000 $240,000 $320,000

Home Value Compared to the Market

This property vs the competition

5515 Norman Way sold on November 30, 2021 for 23.08% 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 $383 and this home is sold at $437.06 per/sqft which puts the price per square foot 14.12% higher than the current median sale per square foot for the city of Riverside.

About 5515 Norman Way

Detailed summary of property

5515 Norman Way is a multi family that recently sold in Riverside, CA 92504. This multi family property offered 2 bedrooms, 2 bathrooms, roughly 1,144 living square feet, and sits on an approximately 6,970 square foot lot. 5515 Norman Way was first listed on ArdentRealEstateGroup.com on October 5, 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 $383. Based on Ardent Real Estate Group's Riverside Market Data, this home is sold 23.08% lower than the current median priced home. Local homes that are currently for sale include 2017 E 112th St, 9544 Bandera St and 6019 Converse Ave. While the average home in Riverside, CA is selling in 47 days, 5515 Norman Way has a days on market of 21 days. There are currently 637 homes for sale in the Riverside real estate market and 597 of them are single family homes while 34 of them are condos and 6 are townhomes. For more information on this home for sale at 5515 Norman Way Riverside, CA 92504 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 5515 Norman Way

Public county record property details
Beds
3
Baths
2
Year built
1953
Sq. Ft.
1,144
Lot Size
6,098
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Riverside
Lot#
150
APN
190-184-019

The source for these homes facts are from public records.

92504 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$695,000
Median List Price/Sq.Ft.
$382
Median Sold Price
$640,000
Median Sold Price/Sq.Ft.
$423
Total Inventory
100
Median Sale to List Price %
103.24%
Avg Days on Market
28
Loan Type
Conventional (41.94%), FHA (38.71%), VA (6.45%), Cash (3.23%), Other (9.68%)

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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.