3408 Spruce St Riverside, CA 92501
Downtown Riverside NeighborhoodEstimated payment $2,642/month
Highlights
- RV Access or Parking
- Primary Bedroom Suite
- Front Porch
- Polytechnic High School Rated A-
- No HOA
- Patio
About This Home
DEAL OF THE YEAR! Here is an opportunity that does not arise very often. R-2 ZONING!! For those that do not know r-2 zoning means you can do more than just build an ADU! You can build multiple HOUSES and multiple ADU's! Here is your chance to own a home COMPLETELY remodeled in Riverside close to downtown and UCR UNDER $500K! New kitchen and flooring and paint inside and out. Upgraded electrical and plumbing you and your family will be very pleased with this home. Or if you want to add to your investment portfolio this is home for you. Contact me for a showing today! These deals do not last long! Very deep lot with plenty of ADU opportunity and multiple unit opportunity as well to develop into more. So big families and friends and investors come one come all.
Listing Agent
Tower Agency Brokerage Phone: 951-543-1061 License #02023771 Listed on: 04/24/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $375
Year Built
- Built in 1920
Lot Details
- 5,663 Sq Ft Lot
- Density is up to 1 Unit/Acre
- Property is zoned R2
Home Design
- Entry on the 1st floor
Interior Spaces
- 879 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary Bedroom Suite
- 2 Full Bathrooms
Parking
- Parking Available
- RV Access or Parking
Outdoor Features
- Patio
- Rain Gutters
- Front Porch
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 33
- Tax Tract Number 1
- Assessor Parcel Number 209122004
- $66 per year additional tax assessments
Map
Home Values in the Area
Average Home Value in this Area
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 | $375 | $325,000 | $98,000 | $227,000 |
| 2023 | $375 | $27,659 | $15,505 | $12,154 |
| 2022 | $367 | $27,117 | $15,201 | $11,916 |
| 2021 | $381 | $26,586 | $14,903 | $11,683 |
| 2020 | $378 | $26,315 | $14,751 | $11,564 |
| 2019 | $372 | $25,800 | $14,462 | $11,338 |
| 2018 | $366 | $25,295 | $14,179 | $11,116 |
| 2017 | $361 | $24,800 | $13,901 | $10,899 |
| 2016 | $343 | $24,315 | $13,629 | $10,686 |
| 2015 | $337 | $23,951 | $13,425 | $10,526 |
| 2014 | $333 | $23,484 | $13,163 | $10,321 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2025 05/22/25 | Pending | -- | -- | -- |
| 05/16/2025 05/16/25 | Price Changed | $494,500 | -0.1% | $563 / Sq Ft |
| 04/24/2025 04/24/25 | For Sale | $495,000 | +52.3% | $563 / Sq Ft |
| 08/15/2024 08/15/24 | Sold | $325,000 | -23.5% | $496 / Sq Ft |
| 07/31/2024 07/31/24 | Pending | -- | -- | -- |
| 07/29/2024 07/29/24 | For Sale | $425,000 | +30.8% | $649 / Sq Ft |
| 07/25/2024 07/25/24 | Off Market | $325,000 | -- | -- |
| 06/28/2024 06/28/24 | For Sale | $425,000 | -- | $649 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $325,000 | Usa National Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $315,000 | New Conventional | |
| Closed | $90,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV25090663
APN: 209-122-004
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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