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7515 Magnolia Ave, Riverside, CA 92504
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7515 Magnolia Ave Riverside, CA 92504

$449,900
  • 2 Beds
  • 1 Baths
  • 987 Sq.Ft.
For Sale
$449,900 Get Pre-Qualified
Map preview of 7515 Magnolia Ave, Riverside, CA 92504

Property Overview: 7515 Magnolia Ave Riverside, CA has 2 bedrooms, 1 bathrooms, 987 living square feet and 7,840 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: Introducing a rare gem in the coveted Ramona neighborhood, available for the first time in 38 years! This 2 bed, 1 bath starter home has incredible potential and is perfect as an income-producing investment property or for first time home buyers- ready to make it their own with some cosmetic updates. Nestled on a generous 7,840 square foot lot, the property boasts a spacious front yard & an expansive backyard complete with mature shade trees, citrus fruit trees & a large covered patio. The fully fenced backyard is perfect for outdoor entertaining & future landscaping projects. The property features a detached two-car garage great for storage or as a potential ADU. Located in the much sought after beautiful, tree lined area of Magnolia Center this home is close to everything! This prime area is a short walking distance to all three schools, and near Cal Baptist University, Riverside Plaza & Downtown Riverside. Incredible access to local amenities including shopping, restaurants, movie theater, public transportation & more! Don’t miss out on this unique opportunity!

Listed by Nicole Martinez | BRE #02027019 | Keller Williams Realty
Co-listed by Maria Gaughan | BRE #02197862 | Keller Williams Realty
Last checked: 10 minutes ago | Last updated: June 15th, 2024 | Source CRMLS | DOM: 4
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Home details

Lot Sq. Ft
7,840
HOA Dues
$0/mo
Year built
1951
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
240013613SD
City
Riverside
County
Riverside
Time on Site
3 days

Open Houses for 7515 Magnolia Ave

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Property Details for 7515 Magnolia Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s), Electric
Heating Information
  • Has Heating
  • Electric
Laundry Information
  • Has Laundry
  • Washer Hookup, Gas & Electric Dryer Hookup, In Garage
Fireplace Information
  • No Fireplace
Room Information
  • Eating Area: Area
  • Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Cooktop
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition, Asphalt, Shingle
  • Has Fence
  • Brick, Wood
  • No Spa
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Patio Open
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned, Parking Space, Garage Faces Rear, Garage - Single Door, Garage Door Opener
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Neighborhood
  • Parcel Number: 227243029
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Ramona
  • Directions: Off I-91 exit Madison Street. Turn Left onto Madison Street. Turn Left onto Magnolia Avenue. Home is on the Righthand side. Second home from the corner. Cross Street: Madison Street.
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Local Riverside Agent

Sale History for 7515 Magnolia Ave

Last sold on July 31st, 1990

  • June, 2024

  • Jun 14, 2024

    Date

    Active

    CRMLS: 240013613SD

    $449,900

    Price

  • July, 1990

  • Jul 31, 1990

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 7515 Magnolia Ave

Assessed Value (2020): $114,676
Year Land Value Improved Value Assessed Value
2020 $45,505 $69,171 $114,676

Home Value Compared to the Market

This property vs the competition

7515 Magnolia Ave is listed 34.8% lower than the median list price for the city of Riverside which has a median list price of $689,990. The median price per/sqft for Riverside is $368 and this home is listed at $455.83 per/sqft which puts the price per square foot 23.87% higher than the median price per square foot for the city of Riverside.

About 7515 Magnolia Ave

Detailed summary of property

7515 Magnolia Ave is a single family home located in Riverside, CA 92504 and is currently for sale. This house offers 2 bedrooms, 1 bathrooms, roughly 987 living square feet, and sits on an approximately 7,840 square foot lot. 7515 Magnolia Ave was first listed on ArdentRealEstateGroup.com on June 14, 2024. The homeowner is currently asking $449,900. The median priced home in Riverside is $689,990 with a median price per square foot of $368. Based on Ardent Real Estate Group's Riverside Market Data, this home is listed 34.8% lower than the median priced home. Local competing homes currently for sale include 779 San Juan St #G202, 16650 Seville Ave #B and 906 Valley View Dr. While the average home in Riverside, CA is selling in 48 days, 7515 Magnolia Ave has a days on market of 4 days. There are currently 739 homes for sale in the Riverside real estate market and 687 of them are single family homes while 44 of them are condos and 8 are townhomes. For more information on this home for sale at 7515 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 7515 Magnolia Ave

Public county record property details
Beds
2
Baths
1
Year built
1951
Sq. Ft.
987
Lot Size
6,534
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Riverside
Lot#
89
APN
227-243-029

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
$715,000
Median List Price/Sq.Ft.
$404
Median Sold Price
$621,000
Median Sold Price/Sq.Ft.
$401
Total Inventory
101
Median Sale to List Price %
103.5%
Avg Days on Market
18
Loan Type
Conventional (46.67%), FHA (23.33%), VA (6.67%), Cash (20%), Other (3.33%)

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Recently Sold Homes Near 7515 Magnolia Ave

7525 Magnolia Ave, Riverside, CA 92504
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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.

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