NOT LISTED FOR SALE

2501 Prince Albert Dr Riverside, CA 92507

Eastside Neighborhood

Estimated Value: $1,074,000 - $1,171,027

5 Beds
2.5 Baths
4,000 Sq Ft
$282/Sq Ft Est. Value

Last Sold May 13, 2024

Last sale price $1,050,000 $262 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,041/month

86 Days on Market

Highlights

  • In Ground Pool
  • 0.46 Acre Lot
  • Property is near a park
  • Polytechnic High School Rated A-
  • Mountain View
  • Bonus Room

About This Home

As of May 2024

$80K Price Reduction!!! Rare 4000 Sqft., SINGLE STORY, POOL HOME. Designed in 1947 by the esteemed architect Sylvanus Marston, this Historic Hacienda Pool Home is not only a testament to timeless elegance and unparalleled craftsmanship but also holds the distinction of being the last house Marston designed. Nestled in Riverside's sought-after Queens Terrace tract in the Victoria Neighborhood, this property is truly one-of-a-kind. Marston, a dominant figure in Pasadena's architectural history, crafted designs that became the iconic backdrop to Pasadena's picturesque neighborhoods. His influence is evident in this 4,000 sq-ft adobe residence commissioned for Willard G. Babcock, a pioneering soil scientist. This spacious home boasts five bedrooms, including a maid's quarters and a gardener's room, perfect for multi-generational living. Enjoy a flowing open floor plan—ideal for entertaining or savoring tranquil evenings by the wood burning/gas fireplace. The property's landscape is a vision with native drought-resistant plants and mature fruit trees, creating a shaded retreat. The backyard swimming pool invites relaxation, further enhancing the sense of a private oasis. A grand circular driveway, adorned with new pavers and complemented by a water fountain, leads to a shaded Hacienda-Style front porch. Modern upgrades seamlessly blend with the home's historic charm, featuring a newer roof, updated copper plumbing and electrical systems, soft water system, central heating and air, new dual-pane windows, plantation shutters, and French doors. Located a stone's throw from the Historic Victoria Country Club and showcasing Marston's distinctive blend of simplicity and grandeur, this property offers a unique blend of history, luxury, and architectural brilliance.

Last Agent to Sell the Property

Crystal Coleman

NEST REAL ESTATE Brokerage Phone: 951-801-0924 License #01879574 Listed on: 01/16/2024

NEST REAL ESTATE

Last Buyer's Agent

Juan Solis

RE/MAX ADVANTAGE License #01738330

RE/MAX ADVANTAGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,750

Year Built

  • Built in 1947

Lot Details

  • 0.46 Acre Lot
  • Sprinkler System
  • Property is zoned R1065

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 4,000 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Great Room
  • Separate Family Room
  • Living Room with Fireplace
  • Home Office
  • Bonus Room
  • Game Room
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Additional Features

  • Property is near a park
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 900
  • Assessor Parcel Number 221261002
  • $67 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,750

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R1065
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 221261002
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4000.00 Square Feet
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 262.50
  • Room Type: Bonus Room, Family Room, Formal Entry, Game Room, Great Room, Kitchen, Laundry, Living Room, Office, Separate Family Room, Walk-In Closet

Exterior Features

  • View: Mountain(s)
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby, Sprinkler System
  • Lot Size Sq Ft: 20038.00
  • Lot Size Acres: 0.4600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20038.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 304.00
  • Tax Lot: 11
  • Tax Tract Number: 0900
  • TaxOtherAnnualAssessmentAmount: 67.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
Apr 15, 2024
Sold by
Grace Purpura Andriola Living Trust and Andriola Grace Purpura
Bought by
Ortega Edgar and Guerrero Guadalupe
Seller's Agent
Crystal Coleman
NEST REAL ESTATE
Buyer's Agent
Juan Solis
RE/MAX ADVANTAGE
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Views
101
Current Estimated Value
$1,127,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,757
Avg. Annual Appreciation
6.14%
Original Mortgage
$997,500
Outstanding Balance
$984,199
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$147,648

Purchase Details

Listed on
Nov 15, 2020
Closed on
Mar 19, 2021
Sold by
Rodriguez Elvin G and Rodriguez Patricia
Bought by
Andriola Grace Purpura and The Grace Purpura Andriola Liv
Seller's Agent
Patricia Rodriguez
Corona Realty
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$998,000
Sold Price
$920,000
Premium/Discount to List
-$78,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
Aug 13, 2019
Sold by
Rodriguez Elvin G and Rodriguez Patricia
Bought by
Rodriguez Patricia and Rodriguez Elvin G

Purchase Details

Listed on
May 28, 2013
Closed on
Jul 31, 2013
Sold by
Lopez Antonio J and Lopez Bernadette
Bought by
Rodriguez Elvin G and Rodriguez Patricia
Seller's Agent
DEREK THESIER
THESIER REALTY
Buyer's Agent
Patricia Rodriguez
Corona Realty
List Price
$625,000
Sold Price
$580,000
Premium/Discount to List
-$45,000
-7.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$417,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2004
Sold by
Lopez Lillian
Bought by
Lopez Antonio J and Lopez Bernadette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
5.76%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 25, 2002
Sold by
Croan Phillip Ernest
Bought by
Lopez Antonio J and Lopez Bernadette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 1999
Sold by
Acton Beverly J
Bought by
Croan Phillip Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
8.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ortega Edgar $1,050,000 Ticor Title
Andriola Grace Purpura $920,000 First American Title Company
Rodriguez Patricia -- None Available
Rodriguez Elvin G $580,000 Orange Coast Title
Lopez Antonio J -- United Title Company
Lopez Antonio J $410,000 Orange Coast Title
Croan Phillip Ernest $420,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortega Edgar $997,500
Previous Owner Rodriguez Elvin G $417,000
Previous Owner Lopez Antonio J $65,000
Previous Owner Lopez Antonio J $517,500
Previous Owner Lopez Antonio J $408,000
Previous Owner Lopez Antonio J $109,300
Previous Owner Lopez Antonio J $300,700
Previous Owner Croan Phillip Ernest $294,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Sold $1,050,000 -6.3% $263 / Sq Ft
03/09/2024 03/09/24 Price Changed $1,120,000 -6.7% $280 / Sq Ft
01/16/2024 01/16/24 For Sale $1,200,000 +30.4% $300 / Sq Ft
04/16/2021 04/16/21 Sold $920,000 -7.8% $230 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
11/15/2020 11/15/20 For Sale $998,000 +72.1% $250 / Sq Ft
08/19/2013 08/19/13 Sold $580,000 -7.2% $145 / Sq Ft
07/03/2013 07/03/13 Pending -- -- --
05/28/2013 05/28/13 For Sale $625,000 -- $156 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,750 $1,070,999 $321,302 $749,697
2023 $10,750 $957,166 $239,293 $717,873
2022 $10,505 $938,399 $234,601 $703,798
2021 $7,410 $656,844 $135,895 $520,949
2020 $7,354 $650,110 $134,502 $515,608
2019 $7,216 $637,364 $131,865 $505,499
2018 $7,074 $624,868 $129,281 $495,587
2017 $6,948 $612,617 $126,747 $485,870
2016 $11,131 $600,606 $124,262 $476,344
2015 $11,050 $591,587 $122,397 $469,190
2014 $10,991 $580,000 $120,000 $460,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV24009760

California Regional Multiple Listing Service (CRMLS)

APN: 221-261-002