6052 Magnolia Ave Riverside, CA 92506

$420,000 Sold Price as of 08/27/2019

-- Beds
-- Baths
-- Sq.Ft.

Off Market

$420,000 Sold Price as of 08/27/2019 Refinance Your Mortgage

Map preview of 6052 Magnolia Ave, Riverside, CA 92506

Property Overview: 6052 Magnolia Ave Riverside, CA has -- bedrooms, -- bathrooms, -- living square feet and 4,791 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

6052 Magnolia 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 6052 Magnolia Ave

Last sold for $420,000 on August 27th, 2019

August, 2019
Aug 28, 2019

Date

Sold

CRMLS: IV19126683

$420,000

Price
Aug 13, 2019

Date

Pending

CRMLS: IV19126683

$330,000

Price
Jul 27, 2019

Date

Active Under Contract

CRMLS: IV19126683

$330,000

Price
May 30, 2019

Date

Active

CRMLS: IV19126683

$330,000

Price
Listing provided courtesy of CRMLS

This property is located on highly traveled Magnolia Ave. With full store front windows, this property offers exposure and a unique opportunity for your retail use. The rear entry is located off the community parking lot and has easy access. There is building signage areas on the front and rear of the building. The most recent use was a thrift/curio store. The Parking Lot is maintained by BOA, Magnolia Center - approximately $810 per year. Owner has shares of the BOA and will be transferred with the sale. There no assigned parking spaces.

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August, 2019
Aug 27, 2019

Date

Sold (Public Records)

Public Records

$420,000

Price

Tax History for 6052 Magnolia Ave

Assessed Value (2020): $420,000

Year	Land Value	Improved Value	Assessed Value
2020	$100,000	$320,000	$420,000

About 6052 Magnolia Ave

Detailed summary of property

6052 Magnolia Ave is categorized with a use code of Commercial (General) in Riverside, CA 92506 and last sold on August 27, 2019 for $420,000. This property has -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 4,791 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 35.38% lower than the current median priced home. 6052 Magnolia Ave was last sold on August 27, 2019 for $420,000. Local nearby listings include 4706 Rosewood Pl, 3240 Pachappa Hill and 4910 Brockton Ave. 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 6052 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 6052 Magnolia Ave

Public county record property details

Beds: --
Baths: --
Year built: 1948
Sq. Ft.: --
Lot Size: 4,791
Stories: 1

Type: Commercial (General)
Pool: No
Spa: No
County: Riverside
Lot#: 4
APN: 225-062-005

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

Loan Type

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

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