9325 Magnolia Ave, Riverside, CA 92503
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9325 Magnolia Ave Riverside, CA 92503

$499,000 Sold Price as of 07/20/2023
  • 5 Beds
  • 2 Baths
  • 3,000 Sq.Ft.
Sold
$499,000 Sold Price as of 07/20/2023 Refinance Your Mortgage

Map preview of 9325 Magnolia Ave, Riverside, CA 92503

Property Overview: 9325 Magnolia Ave Riverside, CA has 5 bedrooms, 2 bathrooms, 3,000 living square feet and 10,018 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Investor’s opportunity! This early 20th century home is set back from the street and has stood regally on Magnolia Ave. for years. Unfortunately, in the last few years it has fallen in disrepair and is looking for an investor with imagination and ability to restore its former beauty. City records are vague on its actual size as 1922 permit only lists 11 rooms and no square footage ( please verify). Zoning here is commercial but since it has only been a single family residence, the Building Dept. has said it can remain as such. However, it is surrounded by smaller early century bungalows converted to charming offices and zoning per the city would permit this to follow. It has a large front porch and porte couchere ** Buyer and buyers agent to conduct their own investigations to satisfy themselves of the true condition of the property including but not limited to, condition, Sqft, permits, defects, structure and every aspect of the property.**

Listed by Heidi Burns | BRE #00622432 | BHGRE Properties Unlimited
Last checked: 15 minutes ago | Last updated: July 21st, 2023 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
10,018
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
CV23064132
City
Riverside
County
Riverside
Time on Site
471 days

Property Details for 9325 Magnolia Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 1
  • See Remarks
Kitchen Information
  • No Appliances
  • None
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Back Yard, Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 191321024
  • Year Built Source: Other
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Riverside Unified
Location / Neighborhood
Location Information
  • Directions: HWY 60 East; Exit at Van Buren South; left on Magnolia Ave.
Neighborhood Information
  • Community Features: Suburban
View more facts & features

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Sale History for 9325 Magnolia Ave

Last sold for $499,000 on July 20th, 2023
  • July, 2023

  • Jul 20, 2023

    Date

    Sold

    CRMLS: CV23064132

    $499,000

    Price

  • Apr 18, 2023

    Date

    Active

    CRMLS: CV23064132

    $499,000

    Price

  • December, 2008

  • Dec 5, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2001

  • Feb 23, 2001

    Date

    Sold (Public Records)

    Public Records

    $158,000

    Price

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Tax History for 9325 Magnolia Ave

Assessed Value (2020): $217,673
Year Land Value Improved Value Assessed Value
2020 $117,104 $100,569 $217,673

Home Value Compared to the Market

This property vs the competition

9325 Magnolia Ave sold on July 20, 2023 for 23.23% lower 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 $166.33 per/sqft which puts the price per square foot 57.24% lower than the current median sale per square foot for the city of Riverside.

About 9325 Magnolia Ave

Detailed summary of property

9325 Magnolia Ave is a single family home that recently sold in Riverside, CA 92503. This house offered 5 bedrooms, 2 bathrooms, roughly 3,000 living square feet, and sits on an approximately 10,018 square foot lot. 9325 Magnolia Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $499,000. 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 23.23% lower than the current median priced home. Local homes that are currently for sale include 4383 Saint Paul Pl, 4528 Champagne Court and 3850 Polk St. While the average home in Riverside, CA is selling in 53 days, 9325 Magnolia Ave has a days on market of 22 days. There are currently 791 homes for sale in the Riverside real estate market and 727 of them are single family homes while 55 of them are condos and 9 are townhomes. For more information on this home for sale at 9325 Magnolia Ave Riverside, CA 92503 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 9325 Magnolia Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
10,018
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Riverside
Lot#
3
APN
191-321-024

The source for these homes facts are from public records.

92503 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$699,000
Median List Price/Sq.Ft.
$377
Median Sold Price
$625,000
Median Sold Price/Sq.Ft.
$392
Total Inventory
179
Median Sale to List Price %
100.82%
Avg Days on Market
21
Loan Type
Conventional (48.08%), FHA (26.92%), VA (0%), Cash (17.31%), Other (7.69%)

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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.