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5551 Magnolia Ave, Riverside, CA 92506
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5551 Magnolia Ave Riverside, CA 92506

$385,000 Sold Price as of 02/26/2020
  • 4 Beds
  • 1.5 Baths
  • 1,620 Sq.Ft.
Sold
$385,000 Sold Price as of 02/26/2020 Refinance Your Mortgage
Map preview of 5551 Magnolia Ave, Riverside, CA 92506

Property Overview: 5551 Magnolia Ave Riverside, CA has 4 bedrooms, 1.5 bathrooms, 1,620 living square feet and 14,374 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Wood Streets 1912 Craftsman with updated kitchen. Four bedrooms! Interior features light gray interior with white trim. Located between Linwood and Oakwood, a convenient walking distance to schools. Sun room has been converted to a 4th bedroom with closet. Seller plans to repaint the exterior. New Dishwasher, NEW 2020 compliant A/C. One carport and parking in driveway for 5 cars. Alley access for other vehicles and/or toys. Over sized lot at 14,374 sq ft. Home is a roomy 1620 sq ft.

Listed by SALLY MENDEZ | BRE #01229955 | REALTY EXECUTIVES/RIVERSIDE
Last checked: 14 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 69

Home details

Lot Sq. Ft
14,374
HOA Dues
$0/mo
Year built
1912
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
IV19264427
City
Riverside
County
Riverside
Time on Site
1521 days

Property Details for 5551 Magnolia Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Family Room, Living Room
Room Information
  • Downstairs Bedrooms: 4
  • Downstairs Bathrooms: 2
  • Flooring: Carpet, Laminate, Tile, Wood
  • All Bedrooms Down, Converted Bedroom, Kitchen, Laundry, Living Room, Utility Room, Walk-In Closet
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Built-in Features, Ceiling Fan(s), Copper Plumbing Full, Granite Counters, Open Floorplan, Unfurnished
  • Levels: One
Exterior Features
Exterior Information
  • Has Sprinklers
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, Driveway Level
Lot Information
  • Lot Features: Back Yard, Front Yard, Near Public Transit, Sprinklers In Front, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • View: None, See Remarks
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 218222023
  • Year Built Source: Assessor
  • Property is not Attached
  • Accessibility Features: No Interior Steps
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • Elementary School: Magnolia
  • Elementary School: MAGNOL
  • High School: Polytechnic
  • High School: POLYTE
  • High School District: Riverside Unified
Location / Neighborhood
Location Information
  • Directions: between Linwood and Oakwood
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Riverside Agent

Sale History for 5551 Magnolia Ave

Last sold for $385,000 on February 26th, 2020

  • February, 2020

  • Feb 27, 2020

    Date

    Sold

    CRMLS: IV19264427

    $385,000

    Price

  • Jan 24, 2020

    Date

    Pending

    CRMLS: IV19264427

    $393,500

    Price

  • Jan 16, 2020

    Date

    Price Change

    CRMLS: IV19264427

    $393,500

    Price

  • Jan 10, 2020

    Date

    Price Change

    CRMLS: IV19264427

    $394,000

    Price

  • Dec 29, 2019

    Date

    Price Change

    CRMLS: IV19264427

    $395,000

    Price

  • Nov 14, 2019

    Date

    Active

    CRMLS: IV19264427

    $417,000

    Price

  • February, 2020

  • Feb 26, 2020

    Date

    Sold (Public Records)

    Public Records

    $385,000

    Price

  • November, 1997

  • Nov 10, 1997

    Date

    Sold (Public Records)

    Public Records

    $110,000

    Price

Show More

Tax History for 5551 Magnolia Ave

Assessed Value (2020): $190,606
Year Land Value Improved Value Assessed Value
2020 $58,774 $131,832 $190,606

Home Value Compared to the Market

This property vs the competition

5551 Magnolia Ave sold on February 26, 2020 for 39.46% 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 $242.9 per/sqft which puts the price per square foot 37.56% lower than the current median sale per square foot for the city of Riverside.

About 5551 Magnolia Ave

Detailed summary of property

5551 Magnolia Ave is a single family home that recently sold in Riverside, CA 92506. This house offered 4 bedrooms, 1.5 bathrooms, roughly 1,620 living square feet, and sits on an approximately 14,374 square foot lot. 5551 Magnolia Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $385,000. 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 39.46% lower than the current median priced home. Local homes that are currently for sale include 1000 Central Ave #16, 1000 Central Ave #42 and 2891 Canyon Crest Dr #48. While the average home in Riverside, CA is selling in 53 days, 5551 Magnolia Ave has a days on market of 69 days. There are currently 791 homes for sale in the Riverside real estate market and 727 of them are single family homes while 55 of them are condos and 9 are townhomes. For more information on this home for sale at 5551 Magnolia 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 5551 Magnolia Ave

Public county record property details
Beds
3
Baths
1
Year built
1912
Sq. Ft.
1,620
Lot Size
14,374
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Riverside
Lot#
34,35
APN
218-222-023

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
$760,000
Median List Price/Sq.Ft.
$389
Median Sold Price
$640,000
Median Sold Price/Sq.Ft.
$400
Total Inventory
134
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.

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