Seller's Agent in 2025
Collette Lee
Tower Agency
(951) 961-3667
5 in this area
81 Total Sales
4359 Merrill Ave Riverside, CA 92506
Magnolia Center Neighborhood
4
Beds
3
Baths
1,985
Sq Ft
7,841
Sq Ft Lot
Highlights
- In Ground Spa
- Bathtub with Shower
- Awning
- No HOA
- Laundry Room
- Central Heating and Cooling System
About This Home
As of June 2025Step into this beautifully preserved 3-bedroom, 2-bathroom, 1,685 square foot home, situated in the desirable Palm Heights Colony District. Built in 1930, this classic home combines timeless character with modern updates for ultimate comfort.
Upon entering, you'll be greeted by the beautiful original hardwood floors that flow throughout the home. Large, brand-new Milgard windows allow natural light to flood the space, creating a warm and inviting atmosphere. The open-concept kitchen seamlessly flows into the family room, creating the perfect space for both family time and entertaining guests. The primary bedroom is a peaceful retreat, bathed in natural light and offering a relaxing sanctuary at the end of the day. Two generously sized guest rooms provide plenty of space for family or visitors. Both bathrooms have been tastefully remodeled and updated.
The backyard is a true oasis, featuring mature landscaping that ensures privacy and tranquility. A large wooden deck with a built-in spa is perfect for outdoor living and entertaining.
As an added bonus, the detached garage has been expertly converted and completely remodeled into a 300 square foot, 1 bedroom/1bathroom permitted ADU. Whether you’re looking for an office, guest house, or rental income potential, this versatile space adds even more value to the property.
Located in the coveted Palm Heights Colony District, this home offers the perfect blend of historic charm, modern upgrades, and exceptional outdoor living. Don’t miss the opportunity to own a piece of history with all the conveniences of today. Schedule a private tour today!
Last Agent to Sell the Property
Tower Agency Brokerage Phone: 951-961-3667 License #00936810 Listed on: 04/25/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1930
Lot Details
- 7,841 Sq Ft Lot
- Wrought Iron Fence
- Wood Fence
- Sprinkler System
- Density is up to 1 Unit/Acre
- Property is zoned R1065
Home Design
- Entry on the 1st floor
- Fiberglass Roof
Interior Spaces
- 1,985 Sq Ft Home
- 1-Story Property
- Awning
- Living Room with Fireplace
- Unfinished Basement
- Utility Basement
- Laundry Room
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
- Walk-in Shower
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Driveway
- On-Street Parking
Schools
- Pachappa Elementary School
- Sierra Middle School
- Ramona High School
Additional Features
- In Ground Spa
- Suburban Location
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number 225101035
- $66 per year additional tax assessments
- Seller Considering Concessions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2025
Closed on
May 23, 2025
Sold by
Bonnie G Anketell Revocable Trust and Anketell Bonnie G
Bought by
Coons John Andrew
Seller's Agent
Collette Lee
Tower Agency
Buyer's Agent
Nathaniel Devlin
DEVLIN REALTY
List Price
$765,000
Sold Price
$765,000
Views
75
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,820
Avg. Annual Appreciation
-3.38%
Original Mortgage
$650,000
Outstanding Balance
$644,818
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$106,362
Purchase Details
Closed on
Dec 29, 2008
Sold by
Anketell Bonnie G
Bought by
Anketell Bonnie G
Purchase Details
Closed on
Nov 24, 1998
Sold by
Gieseke Frank O and Gieseke Ann Teresa
Bought by
Anketell Bonnie G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 11, 1998
Sold by
Anketell Dilip M
Bought by
Anketell Bonnie G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $765,000 | First American Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $165,000 | Commonwealth Land Title Co | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $650,000 | New Conventional | |
| Previous Owner | $75,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/16/2025 06/16/25 | Sold | $765,000 | 0.0% | $385 / Sq Ft |
| 05/14/2025 05/14/25 | Pending | -- | -- | -- |
| 04/25/2025 04/25/25 | For Sale | $765,000 | -- | $385 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $2,765 | $258,641 | $62,692 | $195,949 |
| 2023 | $2,765 | $248,599 | $60,258 | $188,341 |
| 2022 | $2,700 | $243,726 | $59,077 | $184,649 |
| 2021 | $2,672 | $238,948 | $57,919 | $181,029 |
| 2020 | $2,651 | $236,499 | $57,326 | $179,173 |
| 2019 | $2,600 | $231,862 | $56,202 | $175,660 |
| 2018 | $2,549 | $227,316 | $55,100 | $172,216 |
| 2017 | $2,502 | $222,860 | $54,020 | $168,840 |
| 2016 | $2,343 | $218,491 | $52,961 | $165,530 |
| 2015 | $2,308 | $215,211 | $52,166 | $163,045 |
| 2014 | $2,285 | $210,998 | $51,146 | $159,852 |
Source: Public Records
Agents Affiliated with this Home
-
Collette Lee
-
LAUREN LEE
L
Seller Co-Listing Agent in 2025
LAUREN LEE
Tower Agency
(951) 686-3547
2 in this area
76 Total Sales
-
Nathaniel Devlin
Buyer's Agent in 2025
Nathaniel Devlin
DEVLIN REALTY
(951) 800-3972
4 in this area
57 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV25088066
APN: 225-101-035
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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