NOT LISTED FOR SALE

4700 Dewey Ave Riverside, CA 92506

Magnolia Center Neighborhood
2.98 Acres
-- Price per Acre
129,983 Sq Ft Lot

Last Sold September 15, 2017

Last sale price $450,000

154 Days on Market

About This Lot

As of September 2017

The Subject Property includes two parcels totaling 2.98 acres. The two parcels encompass the entire southern block of Palm Avenue and Dewey Avenue fronting the railroad tracks. There are single family residences surrounding the nearly 3 acres and this long strip of vacant land is one of the last remaining large lots within this neighborhood. The property is zoned R1-7000 and measures approximately 1,291± feet long by 100± feet wide.

The parcels are located three blocks west of all major stores, entertainment, shops and restaurants, some of which include Ralphs, Rite Aid, Wells Fargo Bank, Vons, Nordstrom Rack and Regal Cinemas.

At a list price of $600,000 this property equates to $4.61/SF or approximately $200,000 per acre. Considering the lack of buildable land in this well-developed area, the property is an affordably priced development project for a local investor or developer.

Last Agent to Sell the Property

Krikor Garabedian

Keller Williams R. E. Services License #01216376 Listed on: 05/14/2016

Keller Williams R. E. Services

Last Buyer's Agent

Tom Harness

RE/MAX HORIZON License #01257423

RE/MAX HORIZON

Property Details

Property Type

  • Land

Lot Details

  • 2.98 Acre Lot
  • 226332022,226332023
  • Property is zoned R17000

Additional Features

  • Suburban Location
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 226332023

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Improvements: No Improvements
  • Other Phone Description: Office
  • Other Phone Number: 8184323219
  • View: No
  • Zoning: R17000
  • Property Type: Land
  • Parcel Number: 226332023
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 3.46

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 226332022,226332023
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 129988.00
  • Price Per Lot Square Foot: 4.62
  • Lot Size Acres: 2.9840

Multi Family

  • Lot Size Area: 129988.0000 Square Feet

Tax Info

  • Tax Map Number: 226332

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

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Sold $450,000 -25.0% --
10/15/2016 10/15/16 Pending -- -- --
05/14/2016 05/14/16 For Sale $600,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Krikor Garabedian

    Keller Williams R. E. Services

    (818) 298-8810

    31 Total Sales

    Section Image
  • Tom Harness

    Buyer's Agent in 2017

    Tom Harness

    RE/MAX

    (951) 776-7500

    2 in this area

    63 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD16103001

California Regional Multiple Listing Service (CRMLS)

California Riverside County Riverside 92506 Magnolia Center

4700 Dewey Ave, Riverside, CA

This home is located at 4700 Dewey Ave, Riverside, CA 92506 since 14 May 2016. 4700 Dewey Ave is a home located in Riverside County with nearby schools including Pachappa Elementary School, Sierra Middle School, and Ramona High School.

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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