7355 Magnolia Ave, Riverside, CA 92504
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7355 Magnolia Ave Riverside, CA 92504

$1,495,000 Sold Price as of 12/22/2022
  • 4 Beds
  • 5 Baths
  • 4,402 Sq.Ft.
Sold
$1,495,000 Sold Price as of 12/22/2022 Refinance Your Mortgage

Map preview of 7355 Magnolia Ave, Riverside, CA 92504

Property Overview: 7355 Magnolia Ave Riverside, CA has 4 bedrooms, 5 bathrooms, 4,402 living square feet and 84,071 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: PRICE REDUCED! Welcome to the historic Holden House! This is a rare opportunity to own a piece Riverside's rich history. This magnificent 1923 Tudor revival estate has been meticulously restored to it's original grandeur, preserving the stunning architectural details inside and out while updating the home's amenities for comfort and convenience. This nearly 100 year old home is situated on almost 2 acres of land on beautifully tree lined Magnolia Avenue in the heart of Riverside. Enter this stunning 4,400 sf. home through the inviting foyer to the massive formal living room with vintage tiled fireplace, large light-filled sitting room, sun room, library and office with perfectly maintained hardwood floors and adorned with custom architectural details/artistic ceiling textures. The updated kitchen boasts Viking professional appliances, granite counters and a butler's pantry with custom etched glass swinging doors. A spacious formal dining room with French doors lead you out to a beautiful garden patio and stunning fountain. The large bonus room with an ADA compliant restroom at the rear of the main floor offers possibilities for a variety of uses. Upstairs you will find 4 grand bedrooms (including separate his and hers master suites) each having its own unique bathroom with custom vintage tile and fixtures. Each bedroom's entry has been custom fit with a leaded glass pane celebrating the history of the Riverside area. Below the main floor you'll find a large basement/utility space. The perfectly manicured landscape of this home accents a 4 car detached garage, massive expanses of custom concrete drives/RV parking, vintage lighting, automatic security gates and other amenities to extensive to describe. The original swimming pool has yet to be restored and is not currently in use. The rear portion of the property is mostly unimproved and provides extensive opportunities for future development. The property has been used for commercial offices and has a conditional use permit from the City of Riverside which would allow this use to continue. Wired for data and phone throughout and the basement contains a climate controlled computer server room. This amazing property cannot be adequately described and must be seen to be appreciated.

Listed by TOM LINDLEY | BRE #01866276 | LINDLEY REALTY
Last checked: 2 minutes ago | Last updated: December 27th, 2022 | Source CRMLS | DOM: 137

Home details

Lot Sq. Ft
84,071
HOA Dues
$0/mo
Year built
1923
Garage
4 Car
Property Type:
Single Family Home
Status
Sold
MLS#
IV22133112
City
Riverside
County
Riverside
Time on Site
817 days

Virtual Tour

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Property Details for 7355 Magnolia Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 2
  • Flooring: Tile, Wood
  • All Bedrooms Up, Basement, Kitchen, Living Room, See Remarks
Kitchen Information
  • Has Appliances
  • Dishwasher, Free-Standing Range, Gas & Electric Range, Microwave, Range Hood, Refrigerator, Trash Compactor
  • Butler's Pantry, Granite Counters
Bathroom Information
  • # of Baths (Full): 4
  • # of Baths (1/2): 2
Interior Features
  • Ceiling Fan(s), High Ceilings, Recessed Lighting, Wired for Data
  • Levels: Two
  • Window Features: Custom Covering, Drapes
  • Security Features: Automatic Gate, Security System
Exterior Features
Exterior Information
  • Roof: Slate
  • No Spa
  • Spa Features: None
  • Has Sprinklers
Exterior Features
  • Has Pool
  • Pool Features: Private, In Ground, See Remarks
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Concrete, Garage, RV Access/Parking
  • No Attached Garage
Lot Information
  • Lot Features: Landscaped, Rectangular Lot, Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 227270047
  • Year Built Source: Public Records
  • Architectural Style: Tudor
  • Foundation Details: Raised
  • Property is not Attached
  • Accessibility Features: Parking, Ramp - Main Level, See Remarks
  • Property Condition: Turnkey
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 Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Schools
School Information
  • Elementary School: Jefferson
  • Elementary School: JEFFER
  • Middle/Junior High School: Sierra
  • Middle/Junior High School: SIERRA
  • High School: Ramona
  • High School: RAMONA
  • High School District: Riverside Unified
Location / Neighborhood
Location Information
  • Directions: Magnolia south of Arlington
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 7355 Magnolia Ave

Last sold for $1,495,000 on December 22nd, 2022
  • December, 2022

  • Dec 27, 2022

    Date

    Canceled

    CRMLS: IV22190808

    $1,575,000

    Price

  • Aug 31, 2022

    Date

    Active

    CRMLS: IV22190808

    $1,675,000

    Price

  • Listing provided courtesy of CRMLS

    REDUCED PRICE! Welcome to the historic Holden House. This is a rare opportunity to own a piece Riverside's rich history. For the past 20 years this property has been used as commercial offices and has a Conditional Use Permit from the City of Riverside that will allow the use to continue under new ownership. This magnificent 1923 Tudor revival estate has been meticulously restored to it's original grandeur, preserving the stunning architectural details inside and out while updating the property's amenities for comfort and convenience. As a part of the restoration the house was upgraded with a wheelchair ramp, ADA compliant restroom, all new HVAC, electrical wiring and copper water piping. The structure is wired throughout for data and phone system and the basement has a climate controlled computer server room. The various rooms throughout the house have been repurposed to office space and conference rooms. The perfectly manicured landscape of this property accents a 4 car detached garage, massive expanses of custom concrete drives and parking (including ADA compliant parking), vintage lighting, automatic security gates and other amenities to extensive to describe. The original swimming pool has yet to be restored and is not currently in use. The rear portion of the property is mostly unimproved and provides extensive opportunities for future development. This amazing property cannot be adequately described and must be seen to be appreciated.

  • December, 2022

  • Dec 22, 2022

    Date

    Sold

    CRMLS: IV22133112

    $1,495,000

    Price

  • Jun 27, 2022

    Date

    Active

    CRMLS: IV22133112

    $1,675,000

    Price

  • April, 2001

  • Apr 24, 2001

    Date

    Sold (Public Records)

    Public Records

    $450,000

    Price

  • August, 1994

  • Aug 9, 1994

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 7355 Magnolia Ave

Assessed Value (2020): $606,019
Year Land Value Improved Value Assessed Value
2020 $192,684 $413,335 $606,019

Home Value Compared to the Market

This property vs the competition

7355 Magnolia Ave sold on December 22, 2022 for 142.31% higher 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 $357.79 per/sqft which puts the price per square foot 8.02% lower than the current median sale per square foot for the city of Riverside.

About 7355 Magnolia Ave

Detailed summary of property

7355 Magnolia Ave is a single family home that recently sold in Riverside, CA 92504. This house offered 4 bedrooms, 5 bathrooms, roughly 4,402 living square feet, and sits on an approximately 84,071 square foot lot. 7355 Magnolia Ave was first listed on ArdentRealEstateGroup.com on June 27, 2022. The homeowner sold the property for $1,495,000. 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 142.31% higher than the current median priced home. Local homes that are currently for sale include 16725 Skycrest Dr, 16616 Fleur Blvd and 16125 Cresta Verde Dr. While the average home in Riverside, CA is selling in 53 days, 7355 Magnolia Ave has a days on market of 137 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. For more information on this home for sale at 7355 Magnolia 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 7355 Magnolia Ave

Public county record property details
Beds
4
Baths
5
Year built
1923
Sq. Ft.
4,402
Lot Size
84,070
Stories
2
Type
Single Family Residential
Pool
Yes
Spa
No
County
Riverside
Lot#
14
APN
227-270-047

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
$679,000
Median List Price/Sq.Ft.
$391
Median Sold Price
$630,000
Median Sold Price/Sq.Ft.
$425
Total Inventory
95
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (33.33%), FHA (30.3%), VA (0%), Cash (21.21%), Other (15.15%)

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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.