5842 Magnolia Ave, Riverside, CA 92506
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5842 Magnolia Ave Riverside, CA 92506

$525,000 Sold Price as of 09/30/2022
  • 4 Beds
  • 1.5 Baths
  • 1,235 Sq.Ft.
Sold
$525,000 Sold Price as of 09/30/2022 Refinance Your Mortgage

Map preview of 5842 Magnolia Ave, Riverside, CA 92506

Property Overview: 5842 Magnolia Ave Riverside, CA has 4 bedrooms, 1.5 bathrooms, 1,235 living square feet and 7,405 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Location in the Heart of Riverside. Could be used for Residential or Commercial use. 2 Years old Air Conditioning.

Listed by YANETH RENGIFO | BRE #01791125 | HAVEN ROBLEDO REALTY
Last checked: 4 minutes ago | Last updated: October 8th, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
7,405
HOA Dues
$0/mo
Year built
1938
Garage
1 Car
Property Type:
Mixed Use
Status
Sold
MLS#
IV22142127
City
Riverside
County
Riverside
Time on Site
668 days

Property Details for 5842 Magnolia Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: Separated
  • Flooring: Tile
  • Office
Kitchen Information
  • No Appliances
  • None
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 1
Interior Features
  • Ceiling Fan(s)
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Tile
  • TV Antenna
  • No Fence
  • None
  • No Spa
  • Spa Features: None
  • Has Sprinklers
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Paved, Garage
  • No Attached Garage
Lot Information
  • Lot Features: Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 218282006
  • Year Built Source: Appraiser
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Available, Phone Available, Sewer Available
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Riverside Unified
Location / Neighborhood
Location Information
  • Directions: Magnolia and Jurupa
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 5842 Magnolia Ave

Last sold for $525,000 on September 30th, 2022
  • September, 2022

  • Sep 30, 2022

    Date

    Sold

    CRMLS: IV22142127

    $525,000

    Price

  • Jun 29, 2022

    Date

    Active

    CRMLS: IV22142127

    $550,000

    Price

  • July, 1998

  • Jul 30, 1998

    Date

    Sold (Public Records)

    Public Records

    $150,000

    Price

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Tax History for 5842 Magnolia Ave

Assessed Value (2020): $214,993
Year Land Value Improved Value Assessed Value
2020 $127,563 $87,430 $214,993

Home Value Compared to the Market

This property vs the competition

5842 Magnolia Ave sold on September 30, 2022 for 15.38% 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 $445.34 per/sqft which puts the price per square foot 16.28% higher than the current median sale per square foot for the city of Riverside.

About 5842 Magnolia Ave

Detailed summary of property

5842 Magnolia Ave is a mixed use that recently sold in Riverside, CA 92506. This mixed use property offered 4 bedrooms, 1.5 bathrooms, roughly 1,235 living square feet, and sits on an approximately 7,405 square foot lot. 5842 Magnolia Ave was first listed on ArdentRealEstateGroup.com on June 29, 2022. The homeowner sold the property for $525,000. 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 15.38% lower than the current median priced home. Local homes that are currently for sale include 504 Avenida Sevilla #D, 329 Avenida Carmel, unit D and 619 Cedar Ave. While the average home in Riverside, CA is selling in 48 days, 5842 Magnolia Ave has a days on market of 15 days. There are currently 650 homes for sale in the Riverside real estate market and 610 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 5842 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 5842 Magnolia Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
7,405
Stories
--
Type
Commercial (General)
Pool
No
Spa
No
County
Riverside
Lot#
16
APN
218-282-006

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
$749,900
Median List Price/Sq.Ft.
$381
Median Sold Price
$744,000
Median Sold Price/Sq.Ft.
$421
Total Inventory
109
Median Sale to List Price %
102.62%
Avg Days on Market
23
Loan Type
Conventional (56.76%), FHA (16.22%), VA (0%), Cash (5.41%), Other (21.62%)

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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.