6979 Palm Court #240, Riverside, CA 92506
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6979 Palm Court #240 Riverside, CA 92506

$320,000
  • 2 Beds
  • 1 Baths
  • 1,000 Sq.Ft.
For Sale
$320,000 Get Pre-Qualified

Map preview of 6979 Palm Court #240, Riverside, CA 92506

Property Overview: 6979 Palm Court #240 Riverside, CA has 2 bedrooms, 1 bathrooms, 1,000 living square feet and 1,742 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Charming Magnolia Palms Condo Now Available. This Unit has direct access from the street up a flight of stairs. You also have an assigned covered parking and Storage shelves. Enjoy the sunsets with a Large Balcony Overlooking the Beautiful greenspace. You have a very spacious Livingroom with a ton of Natural light coming from the large slider doors. The Kitchen is updated with Granite Countertops and plenty of cupboard storage. Both Bedrooms have generous space and ample sized closets. Plus you have your own Laundry hookups! This community feels like a resort with a Sparkling Pool and Spa surrounded by picnic areas and serene landscaping. Magnolia Palms is centrally located and minutes away from Multiple Restaurants, shopping, Schools, and Nightlife. What More Can you ask for!

Listed by BENJAMIN ESCALERA | BRE #01753823 | Berkshire Hathaway Homeservices California Realty
Last checked: 11 minutes ago | Last updated: September 8th, 2024 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
1,742
HOA Dues
$400/mo
Year built
1959
Garage
--
Property Type:
Condominium
Status
Active
MLS#
EV24177262
City
Riverside
County
Riverside
Time on Site
18 days

Open Houses for 6979 Palm Court #240

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Property Details for 6979 Palm Court #240

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 1
  • See Remarks
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Association, Community
Exterior Features
  • No Pool
  • Pool Features: Association, Community
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 2+ Common Walls
  • Total # of Units: 1
  • Parcel Number: 226212038
  • Year Built Source: Assessor
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Magnolia Palms
  • Association Fee: $400 (Monthly)
  • Association Amenities: Pool, Spa/Hot Tub, Picnic Area, Playground
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Private
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Riverside Unified
Location / Neighborhood
Location Information
  • Other Subdivision Name: Magnolia Palms
  • Directions: Near Arlington and Magnolia
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 6979 Palm Court #240

Last sold for $200,000 on October 24th, 2018
  • August, 2024

  • Aug 26, 2024

    Date

    Active

    CRMLS: EV24177262

    $320,000

    Price

  • October, 2018

  • Oct 25, 2018

    Date

    Sold

    CRMLS: SR18146705

    $200,000

    Price

  • Sep 24, 2018

    Date

    Active Under Contract

    CRMLS: SR18146705

    $210,000

    Price

  • Jul 30, 2018

    Date

    Price Change

    CRMLS: SR18146705

    $210,000

    Price

  • Jun 20, 2018

    Date

    Active

    CRMLS: SR18146705

    $220,000

    Price

  • Listing provided courtesy of CRMLS

    Classic Magnolia Palms 2 bedroom, 1 bath condo can now be yours! Spacious unit features 2 bedrooms -- 1 with built in shelving, spacious living room, central heat & air, in-unit laundry, balcony overlooking interior green space, and underground parking space with storage cabinet. The complex features exterior gates to provide security for the unit and a pool for the complex.

  • October, 2018

  • Oct 24, 2018

    Date

    Sold (Public Records)

    Public Records

    $200,000

    Price

  • December, 2015

  • Dec 7, 2015

    Date

    Sold (Public Records)

    Public Records

    $129,000

    Price

  • November, 2015

  • Nov 7, 2015

    Date

    Price Change

    CRMLS: IV15241687

    $138,400

    Price

  • Listing provided courtesy of CRMLS

    Condo in Magnolia Palms. Rents for $1050-$1100. HOA fee is $250. HOA pays water, trash and some insurance, tenant can pay other utilities. This beats 1/2% interest in the bank. Washer/dryer /refrigerator included. Shows well, ready for occupancy. Cash offers only.

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Tax History for 6979 Palm Court #240

Assessed Value (2020): $204,000
Year Land Value Improved Value Assessed Value
2020 $51,000 $153,000 $204,000

Home Value Compared to the Market

This property vs the competition

6979 Palm Court #240 is listed 53.95% lower than the median list price for the city of Riverside which has a median list price of $694,900. The median price per/sqft for Riverside is $371 and this home is listed at $320 per/sqft which puts the price per square foot 13.75% lower than the median price per square foot for the city of Riverside.

About 6979 Palm Court #240

Detailed summary of property

6979 Palm Court #240 is a condominium located in Riverside, CA 92506 and is currently for sale. This condo offers 2 bedrooms, 1 bathrooms, roughly 1,000 living square feet, and sits on an approximately 1,742 square foot lot. 6979 Palm Court #240 was first listed on ArdentRealEstateGroup.com on August 27, 2024. The homeowner is currently asking $320,000. The median priced home in Riverside is $694,900 with a median price per square foot of $371. Based on Ardent Real Estate Group's Riverside Market Data, this home is listed 53.95% lower than the median priced home. Local competing homes currently for sale include 3535 Banbury Dr #14, 3535 Banbury Dr #133 and 3535 Banbury Dr #4. This home does have a Homeowners Association and the monthly fee is $400 per month. While the average home in Riverside, CA is selling in 52 days, 6979 Palm Court #240 has a days on market of 10 days. There are currently 792 homes for sale in the Riverside real estate market and 725 of them are single family homes while 57 of them are condos and 10 are townhomes. For more information on this home for sale at 6979 Palm Court #240 Riverside, CA 92506 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 6979 Palm Court #240

Public county record property details
Beds
2
Baths
1
Year built
1959
Sq. Ft.
1,000
Lot Size
1,742
Stories
1
Type
Residential Common Area (Condo/Pud/Etc.)
Pool
No
Spa
No
County
Riverside
Lot#
240
APN
226-212-038

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
$765,000
Median List Price/Sq.Ft.
$386
Median Sold Price
$640,000
Median Sold Price/Sq.Ft.
$400
Total Inventory
136
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.