5906 Grand Ave Riverside, CA 92504

$430,000 Sold Price as of 05/25/2017

6 Beds
2 Baths
1,785 Sq.Ft.

Off Market

$430,000 Sold Price as of 05/25/2017 Refinance Your Mortgage

Map preview of 5906 Grand Ave, Riverside, CA 92504

Property Overview: 5906 Grand Ave Riverside, CA has 6 bedrooms, 2 bathrooms, 1,785 living square feet and 21,780 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5906 Grand 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 $694,900. The median price per/sqft for Riverside is $371. 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 $138,980 for the down payment and will need roughly $13,898 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 $32,500. 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 5906 Grand Ave

Last sold for $430,000 on May 28th, 2017

June, 2017
Jun 19, 2017

Date

Sold

CRMLS: P0-316009041

$430,000

Price
Jun 2, 2017

Date

Pending

CRMLS: P0-316009041

$439,000

Price
Listing provided courtesy of CRMLS

Great TRIPLEX (3-units) in Riverside sitting on a 21,780 sq.ft. lot. The front house is a two-bedroom, two-bath home (formal dining room being used as a third bedroom) with forced air heating, central air conditioning, a circular driveway and a two-car attached garage. On the rear of the front house is the second unit. This unit consists of one-bedroom and one bath and also has forced air heating and central air conditioning. Detached from the front house is the old farm house.'' This is a two-story, one-bedroom, on-bath home with a large private yard and a one-car garage. While the unit located on the back of, and attached to, the front house is legal living area, it is not a legal separate unit. Per the seller, this was added onto the house many years ago and was originally intended to be, and was, used as a large family room. Several years after this area was added to the house, it was designated as a third unit and the area was then reconfigured to create a one-bedroom, one-bath unit with living room and kitchen area. While this is not a legal third unit, it has been rented for many years and the income from this unit has been considered. Please see the attached as is and as projected Investment Analyses.

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May, 2017
May 25, 2017

Date

Sold (Public Records)

Public Records

$430,000

Price
December, 1998
Dec 22, 1998

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 5906 Grand Ave

Assessed Value (2020): $456,317

Year	Land Value	Improved Value	Assessed Value
2020	$95,505	$360,812	$456,317

About 5906 Grand Ave

Detailed summary of property

5906 Grand Ave is a single family home in Riverside, CA 92504 and last sold on May 25, 2017 for $430,000. This house has 6 bedrooms, 2 bathrooms, roughly 1,785 living square feet, and sits on an approximately 21,780 square foot lot. Homes 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 33.85% lower than the current median priced home. 5906 Grand Ave was last sold on May 25, 2017 for $430,000. Local nearby listings include 5392 Walter St, 4706 Rosewood Pl and 4397 Cover St. The average home in Riverside, CA is selling in 53 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. If you are the homeowner and looking to sell the home at 5906 Grand Ave Riverside, CA 92504 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 5906 Grand Ave

Public county record property details

Beds: 6
Baths: 2
Year built: 1936
Sq. Ft.: 1,785
Lot Size: 21,780
Stories: 2

Type: Single Family Residential
Pool: Yes
Spa: No
County: Riverside
Lot#: 21
APN: 218-070-007

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

$677,000

Median List Price/Sq.Ft.

$393

Median Sold Price

$630,000

Median Sold Price/Sq.Ft.

$425

Total Inventory

Median Sale to List Price %

98.44%

Avg Days on Market

Loan Type

Conventional (33.33%), FHA (30.3%), VA (0%), Cash (21.21%), Other (15.15%)

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