5511 Malvern Way Riverside, CA 92506
Victoria NeighborhoodEstimated Value: $808,934 - $861,000
3
Beds
2
Baths
2,210
Sq Ft
$378/Sq Ft
Est. Value
Highlights
- Mountain View
- Modern Architecture
- Lawn
- Polytechnic High School Rated A-
- Quartz Countertops
- No HOA
About This Home
As of October 2024WELCOME TO VICTORIA WOODS!! This beautiful , remodeled mid-century ranch home is ready to be seen and wow you! Fully remodeled and updated throughout, the 1570sqft main house is 3 bedrooms and 2 bathrooms. All new flooring throughout, and paint and updated bathrooms are just an added bonus. The kitchen, dining room and living room are all open and ready for you to host all your friends and family. Enjoy the brightness and clean lines of everything. The kitchen is anchored by a 5ft x 7ft marble backsplash that is sure to impress anyone. The 640sqft "Rumpus Room" is where the story gets even better! A big open room with a kitchenette and ready for wherever your imagination takes you. Currently set up as a theater and gym, with VERY little effort, it can be turned into a full-blown ADU. All of this on almost a half acre, makes this a gem of an opportunity. You don't want to miss this one!
Last Listed By
Tower Agency Brokerage Phone: 951-531-3621 License #01733557 Listed on: 09/19/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,607
Year Built
- Built in 1961
Lot Details
- 0.38 Acre Lot
- East Facing Home
- Block Wall Fence
- Drip System Landscaping
- Level Lot
- Front and Back Yard Sprinklers
- Lawn
- Property is zoned R1125
Parking
- 2 Car Attached Garage
- 6 Open Parking Spaces
- 1 Carport Space
Home Design
- Modern Architecture
- Patio Home
- Turnkey
- Slab Foundation
- Tile Roof
- Concrete Roof
Interior Spaces
- 2,210 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Family Room with Fireplace
- Dining Room with Fireplace
- Mountain Views
Kitchen
- Electric Oven
- Electric Cooktop
- Dishwasher
- Quartz Countertops
- Self-Closing Drawers and Cabinet Doors
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
- Quartz Bathroom Countertops
- Bidet
- Low Flow Toliet
- Bathtub with Shower
- Low Flow Shower
Laundry
- Laundry Room
- Electric Dryer Hookup
Schools
- Alcott Elementary School
- Gage Middle School
- Polytechnic High School
Utilities
- Central Heating and Cooling System
- Overhead Utilities
Additional Features
- Covered patio or porch
- Suburban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 84
- Tax Tract Number 30630
- Assessor Parcel Number 222292012
- $66 per year additional tax assessments
- Seller Considering Concessions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2024
Closed on
Oct 3, 2024
Sold by
Gieser Scott
Bought by
Ramos Mary and Ramos-Licon Francisco Javier
Seller's Agent
Scott Gieser
Tower Agency
Buyer's Agent
Wally Drake
DRAKE PROPERTIES & MANAGEMENT
List Price
$859,000
Sold Price
$845,000
Premium/Discount to List
-$14,000
-1.63%
Total Days on Market
7
Views
74
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
-$9,016
Avg. Annual Appreciation
-0.47%
Original Mortgage
$718,250
Outstanding Balance
$715,555
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$127,020
Purchase Details
Listed on
Apr 28, 2017
Closed on
May 30, 2017
Sold by
Gieser Summer A
Bought by
Gieser Scott
Seller's Agent
Tom Shook
NEST REAL ESTATE
Buyer's Agent
Scott Gieser
Tower Agency
List Price
$459,900
Sold Price
$445,000
Premium/Discount to List
-$14,900
-3.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%
Original Mortgage
$400,500
Interest Rate
4.03%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 28, 2017
Closed on
May 25, 2017
Sold by
Hill Georgia L and Hill Paula J
Bought by
Gieser Scott
Seller's Agent
Tom Shook
NEST REAL ESTATE
Buyer's Agent
Scott Gieser
Tower Agency
List Price
$459,900
Sold Price
$445,000
Premium/Discount to List
-$14,900
-3.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,500
Interest Rate
4.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 9, 2006
Sold by
Hill Georgia L
Bought by
Hill Paula J and Hill Georgia L
Purchase Details
Closed on
Jan 18, 2000
Sold by
Edmondson Merwin Barbara
Bought by
Edmondson Kenneth E
Purchase Details
Closed on
Dec 11, 1999
Sold by
Edmondson Kenneth E
Bought by
The Kenneth Eugene Edmondson Living Tr
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
Similar Homes in Riverside, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ramos Mary | $845,000 | Ticor Title | |
| Gieser Scott | -- | Title365 | |
| Gieser Scott | $445,000 | Title365 | |
| Hill Paula J | -- | None Available | |
| Hill Georgia L | -- | None Available | |
| The Kenneth Eugene Edmondson Living Tr | -- | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ramos Mary | $718,250 | |
| Previous Owner | Gieser Scott | $100,000 | |
| Previous Owner | Gieser Scott | $464,000 | |
| Previous Owner | Gieser Scott | $400,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/17/2024 10/17/24 | Sold | $845,000 | -1.6% | $382 / Sq Ft |
| 09/29/2024 09/29/24 | For Sale | $859,000 | +1.7% | $389 / Sq Ft |
| 09/27/2024 09/27/24 | Off Market | $845,000 | -- | -- |
| 09/19/2024 09/19/24 | For Sale | $859,000 | +93.0% | $389 / Sq Ft |
| 06/09/2017 06/09/17 | Sold | $445,000 | -1.1% | $283 / Sq Ft |
| 05/22/2017 05/22/17 | Pending | -- | -- | -- |
| 05/15/2017 05/15/17 | Price Changed | $449,900 | -2.2% | $287 / Sq Ft |
| 04/28/2017 04/28/17 | For Sale | $459,900 | -- | $293 / 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 |
|---|---|---|---|---|
| 2023 | $5,607 | $496,400 | $100,394 | $396,006 |
| 2022 | $5,480 | $486,668 | $98,426 | $388,242 |
| 2021 | $5,406 | $477,127 | $96,497 | $380,630 |
| 2020 | $5,365 | $472,236 | $95,508 | $376,728 |
| 2019 | $5,264 | $462,978 | $93,636 | $369,342 |
| 2018 | $5,162 | $453,900 | $91,800 | $362,100 |
| 2017 | $1,313 | $109,736 | $33,102 | $76,634 |
| 2016 | $1,233 | $107,585 | $32,453 | $75,132 |
| 2015 | $1,215 | $105,970 | $31,966 | $74,004 |
| 2014 | $1,203 | $103,896 | $31,341 | $72,555 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Gieser
Seller's Agent in 2024
Scott Gieser
Tower Agency
(951) 531-3621
4 in this area
64 Total Sales
-
Wally Drake
Buyer's Agent in 2024
Wally Drake
DRAKE PROPERTIES & MANAGEMENT
(951) 255-1205
2 in this area
36 Total Sales
-
Tom Shook
T
Seller's Agent in 2017
Tom Shook
NEST REAL ESTATE
(951) 522-1364
14 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV24193369
APN: 222-292-012
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.
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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