NOT LISTED FOR SALE

Estimated Value: $495,000 - $577,000

2 Beds
1 Bath
890 Sq Ft
$622/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $575,000 $646 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,433/month

25 Days on Market

Highlights

  • Gated Parking
  • Updated Kitchen
  • Traditional Architecture
  • City Lights View
  • Open Floorplan
  • Wood Flooring

About This Home

As of July 2024

Welcome to 4648 Merrill Ave in the historic Magnolia Center neighborhood of Riverside with ADU potential! City has approved plans for a 2 bed, 1 bath, detached ADU to be built in backyard. The updated traditional bungalow home features 2 bedrooms and 1 bathroom and sits on a 6,534 sq.ft. lot. As you enter the home, you'll notice rich hardwood floors, Plantation shutters, an upgraded fireplace, and an open floor plan. The dining area offers a beautiful view of the well-manicured and expansive backyard through the French doors. The kitchen has been remodeled with newer shaker cabinets, stone countertops, and stainless steel appliances. The primary bedroom boasts a beautiful built-in closet system with plenty of storage. The fully upgraded bathroom includes a standing soak tub, stone walk-in shower, and a new vanity. In the second bedroom, you'll find a gorgeous bay window with plantation shutters and a view of the surrounding neighborhood. The property has ample space for an ADU behind the home, a 2 car detached garage that also has potential to be converted to an ADU, and RV parking with the long driveway and iron security gate. The Magnolia Center neighborhood has been part of the City of Riverside since its establishment in 1883. Considered a second downtown, it offers exciting entertainment options such as live music on the Riverside Plaza Main Street, fine dining, and plenty of shopping.

Last Agent to Sell the Property

Alex Horowitz

Coldwell Banker Diamond Brokerage Email: alex@alexhorowitz.com License #00983521 Listed on: 06/14/2024

Coldwell Banker Diamond

Last Buyer's Agent

ISAIAH MOYA

FAMILY TREE REALTY, INC. License #02058617

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,987

Year Built

  • Built in 1939 | Remodeled

Lot Details

  • 6,534 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard
  • Property is zoned R1065

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Parking Available
  • Single Garage Door
  • Driveway
  • Gated Parking
  • RV Potential

Property Views

  • City Lights
  • Woods
  • Neighborhood

Home Design

  • Traditional Architecture
  • Patio Home
  • Entry on the 1st floor
  • Turnkey
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 890 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Roller Shields
  • Bay Window
  • French Doors
  • Insulated Doors
  • Entryway
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage
  • Utility Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops
  • Pots and Pans Drawers
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Quartz Bathroom Countertops
  • Stone Bathroom Countertops
  • Soaking Tub
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Schools

  • Pachappa Elementary School
  • Sierra Middle School
  • Ramona High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Wood
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 31
  • Assessor Parcel Number 226302002

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,987

Year Built

Built in 1939 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R1065
  • Architectural Style: Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 226302002
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 890.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Stone Counters, Storage, Wainscoting
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: French Doors, Insulated Doors
  • Eating Area: Area, Dining Room, Separated
  • Entry Level: 1
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 646.07
  • Room Type: All Bedrooms Down, Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Utility Room
  • Window Features: Bay Window(s), Double Pane Windows, Plantation Shutters, Roller Shields
  • Bathroom Features: Bathtub, Shower, Exhaust Fan(s), Granite Counters, Main Floor Full Bath, Quartz Counters, Remodeled, Separate Tub And Shower, Soaking Tub, Stone Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Pots & Pan Drawers, Remodeled Kitchen, Stone Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Rain Gutters
  • View: City Lights, Neighborhood, Trees/Woods
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Covered, Patio, Patio Open, Front Porch, Stone
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Frame, Glass, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Driveway, Garage, Garage - Single Door, Gated, Oversized, RV Potential
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Range Hood
  • Electric: Standard
  • Heating Type: Central, Fireplace(s), Wood
  • 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: Biking, Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Riverside Unified
  • Elementary School: Pachappa
  • Middle School: Sierra
  • High School: Ramona
  • Elementary School: Pachappa
  • High School: Ramona
  • Middle Or Junior School: Sierra
  • Elementary School #2: PACHAP
  • High School2: RAMONA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Lawn, Patio Home, Yard
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500
  • Latitude Manual: 33.95594700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6534.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 310.01
  • Tax Lot: 51
  • Tax Tract Number: 031...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Jul 18, 2024
Sold by
Killian Family Trust and Killian Christopher Alan
Bought by
Campos Marissa Michelle and Campos Vanessa Yvette
Seller's Agent
Alex Horowitz
Coldwell Banker Diamond
Buyer's Agent
ISAIAH MOYA
FAMILY TREE REALTY, INC.
List Price
$550,000
Sold Price
$575,000
Premium/Discount to List
$25,000
4.55%
Views
76
Current Estimated Value
$553,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,645
Avg. Annual Appreciation
-3.12%
Original Mortgage
$517,500
Outstanding Balance
$511,271
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$42,084

Purchase Details

Listed on
Feb 10, 2022
Closed on
Mar 10, 2022
Sold by
Killian Christopher
Bought by
Killian Eleanor
Seller's Agent
Erica Crittenden
Coldwell Banker Realty
Buyer's Agent
Ian Raab
Coldwell Banker Realty
List Price
$475,000
Sold Price
$520,000
Premium/Discount to List
$45,000
9.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$312,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2015
Sold by
Rodgers Dennis Ralph
Bought by
Rodgers Dennis Ralph

Purchase Details

Listed on
Feb 16, 2015
Closed on
Mar 9, 2015
Sold by
Adams Shane and Adams Michelle
Bought by
Rodgers Dennis Ralph
Seller's Agent
Brent Lee
Tower Agency
Buyer's Agent
Charlie Freeman
Huntington Beach Realty Inc
List Price
$319,000
Sold Price
$307,500
Premium/Discount to List
-$11,500
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%

Purchase Details

Closed on
Sep 5, 2014
Sold by
Adams Michelle and Adams Shane
Bought by
Adams Shane and Adams Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2014
Sold by
Adams Michelle and Adams Shane
Bought by
Adams Michelle and Adams Shane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2011
Sold by
Merrill Trust 4686
Bought by
Baldwin Michelle and Baldwin Danny

Purchase Details

Closed on
Jul 15, 2011
Sold by
Lopez Jeffrey and Lopez Christi
Bought by
Merrill Trust 4686

Purchase Details

Closed on
Aug 14, 1998
Sold by
Lee Gerold J and Lee Barbara F
Bought by
Lopez Jeffrey and Lopez Christi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,838
Interest Rate
6.89%
Mortgage Type
FHA
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
Campos Marissa Michelle -- Orange Coast Title
Killian Eleanor -- Landwood Title
Rodgers Dennis Ralph -- None Available
Rodgers Dennis Ralph $307,500 First American Title Company
Adams Shane -- None Available
Adams Michelle -- None Available
Baldwin Michelle $180,000 Advantage Title Inc
Merrill Trust 4686 -- None Available
Lopez Jeffrey $86,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campos Marissa Michelle $517,500
Previous Owner Killian Eleanor $312,000
Previous Owner Adams Michelle $175,000
Previous Owner Lopez Jeffrey $85,838
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2024 07/26/24 Sold $575,000 +4.6% $646 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
06/27/2024 06/27/24 Price Changed $549,900 0.0% $618 / Sq Ft
06/14/2024 06/14/24 For Sale $550,000 +5.8% $618 / Sq Ft
03/11/2022 03/11/22 Sold $520,000 0.0% $584 / Sq Ft View Prior Sale
02/16/2022 02/16/22 Pending -- -- --
02/15/2022 02/15/22 Off Market $520,000 -- --
02/14/2022 02/14/22 For Sale $475,000 -8.7% $534 / Sq Ft
02/13/2022 02/13/22 Off Market $520,000 -- --
02/10/2022 02/10/22 For Sale $475,000 +54.5% $534 / Sq Ft
03/26/2015 03/26/15 Sold $307,500 -3.6% $346 / Sq Ft View Prior Sale
03/03/2015 03/03/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $319,000 -- $358 / 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 $5,987 $575,000 $172,502 $402,498
2023 $5,987 $530,400 $153,000 $377,400
2022 $3,862 $348,244 $84,936 $263,308
2021 $3,814 $341,417 $83,271 $258,146
2020 $3,785 $337,918 $82,418 $255,500
2019 $3,713 $331,293 $80,802 $250,491
2018 $3,639 $324,798 $79,218 $245,580
2017 $3,573 $318,430 $77,665 $240,765
2016 $3,343 $312,188 $76,143 $236,045
2015 $2,018 $188,116 $52,253 $135,863
2014 $1,997 $184,433 $51,231 $133,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24119134

California Regional Multiple Listing Service (CRMLS)

APN: 226-302-002