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7563 Lincoln Ave, Riverside, CA 92504
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7563 Lincoln Ave Riverside, CA 92504

$490,000 Sold Price as of 04/05/2022
  • 5 Beds
  • 2.75 Baths
  • 1,688 Sq.Ft.
Sold
$490,000 Sold Price as of 04/05/2022 Refinance Your Mortgage
Map preview of 7563 Lincoln Ave, Riverside, CA 92504

Property Overview: 7563 Lincoln Ave Riverside, CA has 5 bedrooms, 2.75 bathrooms, 1,688 living square feet and 6,098 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Duplex-3 bedroom 2 bath main house and 2 bedroom 1 bath guest house with large grass area at rear of property.

Listed by Ron Koptis | BRE #01309453 | Coldwell Banker Roadrunner
Last checked: 8 minutes ago | Last updated: April 5th, 2022 | Source CRMLS | DOM: 45

Home details

Lot Sq. Ft
6,098
HOA Dues
$0/mo
Year built
1942
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
JT21261880
City
Riverside
County
Riverside
Time on Site
889 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $31,200
  • Net Operating Income: $30,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,200
  • New Taxes: $4,193
  • Trash: $0
  • Insurance: $1,500
  • Professional Management: $0
  • Water/Sewer: $1,200

Property Details for 7563 Lincoln Ave

Interior Features
Cooling Information
  • Has Cooling
  • Evaporative Cooling, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Natural Gas, Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Outside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile
  • All Bedrooms Down, Main Floor Bedroom
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Block, Chain Link, Wood
  • Other Structures: Outbuilding, Shed(s)
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Landscaped, Lawn, Utilities - Overhead
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 230284019
  • Year Built Source: Assessor
  • Architectural Style: Ranch
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: None
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: From 91 freeway exit Madison St. south to right on Lincoln Ave to property on right.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Riverside Agent

Sale History for 7563 Lincoln Ave

Last sold for $490,000 on April 5th, 2022

  • January, 2022

  • Jan 18, 2022

    Date

    Active Under Contract

    CRMLS: JT21261880

    $550,000

    Price

  • July, 2006

  • Jul 28, 2006

    Date

    Sold (Public Records)

    Public Records

    $300,000

    Price

  • October, 2004

  • Oct 29, 2004

    Date

    Sold (Public Records)

    Public Records

    $200,000

    Price

Show More

Tax History for 7563 Lincoln Ave

Assessed Value (2020): $367,506
Year Land Value Improved Value Assessed Value
2020 $183,753 $183,753 $367,506

Home Value Compared to the Market

This property vs the competition

7563 Lincoln Ave sold on April 5, 2022 for 25.93% lower than the current median sold price for the city of Riverside which is $675,000. The median sold price per/sqft for Riverside is $373 and this home is sold at $296.21 per/sqft which puts the price per square foot 20.59% lower than the current median sale per square foot for the city of Riverside.

About 7563 Lincoln Ave

Detailed summary of property

7563 Lincoln Ave is a duplex that recently sold in Riverside, CA 92504. This duplex offered 5 bedrooms, 2.75 bathrooms, roughly 1,688 living square feet, and sits on an approximately 6,098 square foot lot. 7563 Lincoln Ave was first listed on ArdentRealEstateGroup.com on December 10, 2021. The homeowner sold the property for $490,000. Home in Riverside are selling for a median price of $675,000 and a median price per square foot of $373. Based on Ardent Real Estate Group's Riverside Market Data, this home is sold 25.93% lower than the current median priced home. Local homes that are currently for sale include 2411 Griffith Ave, 233 Columbia Pl and 134 W 60th St. While the average home in Riverside, CA is selling in 48 days, 7563 Lincoln Ave has a days on market of 45 days. There are currently 681 homes for sale in the Riverside real estate market and 631 of them are single family homes while 44 of them are condos and 6 are townhomes. For more information on this home for sale at 7563 Lincoln 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 7563 Lincoln Ave

Public county record property details
Beds
3
Baths
1
Year built
1955
Sq. Ft.
1,108
Lot Size
6,969
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Riverside
Lot#
46
APN
230-284-019

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
$635,000
Median List Price/Sq.Ft.
$403
Median Sold Price
$643,000
Median Sold Price/Sq.Ft.
$422
Total Inventory
107
Median Sale to List Price %
102.88%
Avg Days on Market
21
Loan Type
Conventional (44.83%), FHA (20.69%), VA (3.45%), Cash (24.14%), Other (6.9%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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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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