NOT LISTED FOR SALE

4577 Merrill Ave Riverside, CA 92506

Magnolia Center Neighborhood

Estimated Value: $701,000 - $760,000

3 Beds
2 Baths
1,948 Sq Ft
$374/Sq Ft Est. Value

Sale Details

Date Sold: May 5, 2022

Last sale price $695,000 $357 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,574 / mo

4 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Walk-In Closet
  • Bonus Room
  • No HOA
  • Laundry Room

About This Home

As of May 2022

Picturesque Spanish Revival bungalow built in 1928 by Riversides highly esteemed first Female builder Nellie Dunn. Located in the charming Palm Heights Historic district, this 3 bed 2 bath home will simply dazzle you with high-end designer upgrades. The light fixtures consist mostly of restored antiques and Restoration Hardware. Original quarter-sawn oak floors throughout, large eat-in kitchen with center island, granite counters and lovely Spanish inspired tile floors. The bathrooms have been tastefully remodeled with double sinks and Carrara marble counters with custom backsplash. The master shower has exquisite tile detail created to replicate the 1920’s art deco influence. In the master, you will also enjoy 2 spacious closets, one a full walk-in, an exceedingly rare feature in a vintage home. There is also a fully permitted bonus space, a great area for a craft room, playroom or den. Windows in the home were replaced with custom built replicas, a cost of over 20k. Upgraded wiring with 200 amp panel. Enjoy evenings on the front porch waving to your neighbors in this extremely walkable & friendly neighborhood. The home next door was on the TV show restored and also built by Nellie Dunn. Walk or ride your bike to the Plaza where you can enjoy shopping and restaurants. This home may qualify for the Mills Act, a tax savings program for Historic Homes.

Last Agent to Sell the Property

Crystal Coleman

NEST REAL ESTATE License #01879574 Listed on: 03/31/2022

NEST REAL ESTATE

Co-Listed By

FREDERICK GORDON

NEST REAL ESTATE License #01503278

NEST REAL ESTATE

Last Buyer's Agent

FREDERICK GORDON

NEST REAL ESTATE License #01503278

NEST REAL ESTATE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 6,970 Sq Ft Lot
  • Sprinkler System
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned R1065

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 1,948 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Dining Room
  • Bonus Room
  • Wood Flooring

Kitchen

  • Gas Oven
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 101
  • Assessor Parcel Number 226301034
  • $85 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

6,970 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: R1065
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 226301034
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1948.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 356.78
  • Room Type: All Bedrooms Down, Bonus Room, Walk-In Closet
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Pool Private: No
  • Roof: Spanish Tile

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Sprinkler System
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 310.01
  • Tax Lot: 34
  • Tax Tract Number: 101
  • TaxOtherAnnualAssessmentAmount: 85.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Jun 22, 2022
Sold by
Bought by
Seller's Agent
Crystal Coleman
NEST REAL ESTATE
Buyer's Agent
FREDERICK GORDON
NEST REAL ESTATE
List Price
$650,000
Sold Price
$695,000
Premium/Discount to List
$45,000
6.92%
Current Estimated Value
$727,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,825
Avg. Annual Appreciation
1.12%
Original Mortgage
$263,000
Outstanding Balance
$249,241
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$478,584

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 5, 2022
Sold by
Bought by
Seller's Agent
Crystal Coleman
NEST REAL ESTATE
Buyer's Agent
FREDERICK GORDON
NEST REAL ESTATE
List Price
$650,000
Sold Price
$695,000
Premium/Discount to List
$45,000
6.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Outstanding Balance
$249,241
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$478,584

Purchase Details

Listed on
Nov 18, 2020
Closed on
Jan 7, 2021
Sold by
Bought by
Seller's Agent
FREDERICK GORDON
NEST REAL ESTATE
Buyer's Agent
FREDERICK GORDON
NEST REAL ESTATE
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.89%
Original Mortgage
$522,500
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2020
Sold by
Bought by

Purchase Details

Closed on
Aug 17, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2011
Sold by
Bought by

Purchase Details

Closed on
Jan 26, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 4, 2010
Sold by
Bought by

Purchase Details

Closed on
Nov 8, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
5.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$695,000 None Listed On Document
$550,000 First American Title Company
-- Ticor Title Company Of Ca
-- Ticor Title
$380,000 Ticor Title
-- Servicelink
$269,000 Lawyers Title
$170,000 Lawyers Title Company
$373,507 Landsafe Title
-- --
-- --
$398,636 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $263,000
Previous Owner $522,500
Previous Owner $361,000
Previous Owner $361,000
Previous Owner $300,000
Previous Owner $319,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2022 05/05/22 Sold $695,000 +6.9% $357 / Sq Ft
04/05/2022 04/05/22 For Sale $650,000 -6.5% $334 / Sq Ft
04/04/2022 04/04/22 Off Market $695,000 -- --
03/31/2022 03/31/22 For Sale $650,000 +18.2% $334 / Sq Ft
01/18/2021 01/18/21 Sold $550,000 0.0% $282 / Sq Ft View Prior Sale
11/18/2020 11/18/20 For Sale $550,000 -- $282 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,979 $737,538 $212,241 $525,297
2023 $7,979 $708,900 $204,000 $504,900
2022 $6,307 $561,000 $91,800 $469,200
2021 $6,219 $550,000 $90,000 $460,000
2020 $3,461 $308,936 $57,418 $251,518
2019 $5,271 $302,880 $56,293 $246,587
2018 $5,198 $296,942 $55,191 $241,751
2017 $5,118 $291,120 $54,109 $237,011
2016 $4,908 $285,413 $53,049 $232,364
2015 $4,874 $281,128 $52,253 $228,875
2014 $2,983 $275,624 $51,231 $224,393
Source: Public Records

Agents Affiliated with this Home

  • Crystal Coleman

    Seller's Agent in 2022

    Crystal Coleman

    NEST REAL ESTATE

    (951) 801-0924

    3 in this area

    42 Total Sales

    Crystal Coleman
    Section Image
  • FREDERICK GORDON

    Seller Co-Listing Agent in 2022

    FREDERICK GORDON

    NEST REAL ESTATE

    (951) 545-8846

    3 in this area

    31 Total Sales

    FREDERICK GORDON
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22059922

California Regional Multiple Listing Service (CRMLS)

APN: 226-301-034

California Riverside County Riverside 92506 Magnolia Center

4577 Merrill Ave, Riverside, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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