Teresa Gorman
Fiduciary Real Estate Services
(949) 569-5182
78 Total Sales
1 in Grand
$615,000 Price
5553 Rio Rancho Way Riverside, CA 92504
Grand NeighborhoodEstimated Value: $715,000 - $770,704
3
Beds
2
Baths
1,871
Sq Ft
$396/Sq Ft
Est. Value
Highlights
- Panoramic View
- 0.4 Acre Lot
- Craftsman Architecture
- Updated Kitchen
- Open Floorplan
- Near a National Forest
About This Home
As of November 2023Discover the essence of luxury and comfort as you step into this captivating 3-bedroom, 2-bathroom, 1872 sqft Riverside residence, offering breathtaking views of the majestic Mt. Baldy, Mt. Rubidoux, and the scenic Santa Ana Riverbed. Nestled in the heart of our serene and picturesque community, this home is a perfect match for your refined tastes and your longing for a tranquil lifestyle.
As you enter, you'll be drawn into a captivating story. The spacious living area beckons with an abundance of natural light and sweeping hillside vistas streaming in through the expansive glass doors. The newly installed floors enhance the feeling of openness and radiance throughout. Every corner of this home exudes a timeless elegance that resonates with our Riverside community.
The generously sized rooms and meticulously designed mid-century bathrooms embody a sense of timelessness that aligns perfectly with your discerning preferences. The primary suite extends gracefully to the spacious manicured backyard. Half of the garage has been thoughtfully converted into a spacious office, making remote work a breeze.
Continue your journey into the flawlessly designed kitchen, adorned with exquisite granite countertops and top-of-the-line stainless steel appliances. The layout seamlessly transitions to the outdoor landscape, providing a stunning backdrop for hosting intimate private dinner gatherings. Every detail has been thoughtfully crafted to elevate your hosting experience.
The backyard boasts an array of fruit trees, including Fuyu Persimmons, Haas Avocados, Tangerines, White Figs, Oranges, Loquat, and Fruitless Mulberry Trees, as well as Thompson Grapes. Additionally, a 17 Ft Storage Shed provides ample storage space.
Strategically situated, this residence offers convenient access to the Santa Ana River Biking Trail, is within walking distance of Martha Mclean Anza Narrows Park, and just 9 minutes away from Downtown Riverside. Enjoy the benefits of low taxes and no HOA fees.
Here is your chance to embrace the pinnacle of luxury living, where sophistication, convenience, and the natural beauty of Riverside, complete with stunning views of Mt. Baldy and Mt. Rubidoux, come together seamlessly. This isn't just a house; it's an invitation to savor the finest aspects of modern living in our Riverside oasis.
Last Agent to Sell the Property
Engel & Völkers Newport Beach License #01826901 Listed on: 09/21/2023
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Home Details
Home Type
- Single Family
Year Built
- Built in 1960
Lot Details
- 17,424 Sq Ft Lot
- South Facing Home
- Wood Fence
- Block Wall Fence
- Landscaped
- Rectangular Lot
- Paved or Partially Paved Lot
- Level Lot
- Sprinkler System
- Back and Front Yard
- Density is up to 1 Unit/Acre
- Property is zoned R1
Parking
- 1 Car Direct Access Garage
- Parking Available
- Two Garage Doors
- Driveway
Property Views
- River
- Panoramic
- Woods
- Mountain
- Hills
- Valley
- Neighborhood
Home Design
- Craftsman Architecture
- Entry on the 1st floor
- Turnkey
- Raised Foundation
- Fire Rated Drywall
- Shingle Roof
- Concrete Roof
- Wood Siding
- Pre-Cast Concrete Construction
- Stucco
Interior Spaces
- 1,871 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- Ceiling Fan
- Recessed Lighting
- Wood Burning Fireplace
- Gas Fireplace
- Double Pane Windows
- Insulated Windows
- Sliding Doors
- Entryway
- Family Room with Fireplace
- Living Room
- Dining Room
- Home Office
Kitchen
- Updated Kitchen
- Walk-In Pantry
- Electric Oven
- Built-In Range
- Microwave
- Dishwasher
- Granite Countertops
- Tile Countertops
Flooring
- Wood
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
- Tile Bathroom Countertop
- Bathtub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Alarm System
- Fire and Smoke Detector
Outdoor Features
- Deck
- Patio
- Exterior Lighting
- Shed
- Rain Gutters
- Rear Porch
Location
- Suburban Location
Utilities
- Ducts Professionally Air-Sealed
- Central Heating and Cooling System
- 220 Volts
- Natural Gas Connected
- Phone Available
Listing and Financial Details
- Tax Lot 16
- Tax Tract Number 32071
- Assessor Parcel Number 187220016
- $66 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Near a National Forest
- Property is near a preserve or public land
- Property is near a ravine
Amenities
- Laundry Facilities
Recreation
- Dog Park
- Hiking Trails
- Bike Trail
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
Sep 21, 2023
Closed on
Nov 9, 2023
Sold by
Spencer Wyatt Gregory and Spencer Monica Lindsay
Bought by
Seller's Agent
Neo Dela Cruz
Engel & Völkers Newport Beach
Buyer's Agent
Paul Li
Harvest Real Estate, Inc.
List Price
$724,800
Sold Price
$708,000
Premium/Discount to List
-$16,800
-2.32%
Views
93
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
$9,300
Avg. Annual Appreciation
1.63%
Original Mortgage
$460,000
Outstanding Balance
$446,943
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$293,733
Purchase Details
Listed on
Aug 15, 2019
Closed on
Nov 8, 2019
Sold by
Mead Bonita Lee
Bought by
Spencer Wyatt Gregory and Spencer Monica Lindsay
Seller's Agent
John Simcoe
Keller Williams Realty
Buyer's Agent
Neo Dela Cruz
Engel & Völkers Newport Beach
List Price
$549,900
Sold Price
$490,000
Premium/Discount to List
-$59,900
-10.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%
Original Mortgage
$392,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 1, 2019
Sold by
Mead Bonita L
Bought by
Mead Bonita Lee and Family Trust Of Bonita Lee Mead
Purchase Details
Closed on
Feb 5, 2008
Sold by
Mead Kenneth L and Mead Bonita L
Bought by
Mead Kenneth L and Mead Bonita L
Purchase Details
Closed on
Sep 17, 2002
Sold by
Mead Kenneth L and Mead Bonita L
Bought by
Mead Kenneth L and Mead Bonita L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Grand, CA
-
Teresa Gorman
-
Jason Mcintyre
Jason Mcintyre
Responds QuicklyJASON SHAWN MCINTYRE, BROKER
(951) 438-8693
21 Total Sales
1 in Grand
$510,000 Price
-
Eric Shehata
Eric Shehata
Realty Masters & Associates
(626) 747-7875
20 Total Sales
1 in Grand
$530,000 Price
-
Kelly McLaren
Kelly McLaren
Keller Williams Realty
(951) 432-5018
185 Total Sales
2 in Grand
$600,000 Price Range
-
Magdalena Aguilar
Magdalena Aguilar
KELLER WILLIAMS PREMIER PROPER
(213) 296-1973
78 Total Sales
1 in Grand
$523,000 Price
-
Noemy Arellano
Noemy Arellano
Vida Realty
(657) 216-9210
73 Total Sales
1 in Grand
$434,000 Price
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 |
|---|---|---|---|
| $708,000 | Lawyers Title | ||
| Spencer Wyatt Gregory | $490,000 | First American Title Co | |
| Mead Bonita Lee | -- | None Available | |
| Mead Kenneth L | -- | None Available | |
| Mead Kenneth L | -- | Lawyers Title Company |
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 | $460,000 | ||
| Previous Owner | Spencer Wyatt Gregory | $392,000 | |
| Previous Owner | Mead Kenneth L | $175,200 |
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 |
|---|---|---|---|---|---|
| 11/17/2023 11/17/23 | Sold | $708,000 | -2.3% | $378 / Sq Ft | |
| 11/14/2023 11/14/23 | For Sale | $724,800 | +2.4% | $387 / Sq Ft | |
| 10/06/2023 10/06/23 | Off Market | $708,000 | -- | -- | |
| 10/03/2023 10/03/23 | Pending | -- | -- | -- | |
| 09/21/2023 09/21/23 | For Sale | $724,800 | +47.9% | $387 / Sq Ft | |
| 12/13/2019 12/13/19 | Sold | $490,000 | -2.0% | $262 / Sq Ft | View Prior Sale |
| 10/22/2019 10/22/19 | Price Changed | $499,900 | -3.8% | $267 / Sq Ft | |
| 09/11/2019 09/11/19 | Price Changed | $519,900 | -5.5% | $278 / Sq Ft | |
| 08/15/2019 08/15/19 | For Sale | $549,900 | -- | $294 / 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 |
|---|---|---|---|---|
| 2026 | $8,002 | $736,603 | $221,605 | $514,998 |
| 2025 | $7,738 | $722,160 | $217,260 | $504,900 |
| 2023 | $7,738 | $515,075 | $105,117 | $409,958 |
| 2022 | $5,684 | $504,976 | $103,056 | $401,920 |
| 2021 | $5,606 | $495,076 | $101,036 | $394,040 |
| 2020 | $5,564 | $490,000 | $100,000 | $390,000 |
| 2019 | $984 | $87,377 | $20,856 | $66,521 |
| 2018 | $964 | $85,665 | $20,449 | $65,216 |
| 2017 | $946 | $83,987 | $20,049 | $63,938 |
| 2016 | $888 | $82,341 | $19,656 | $62,685 |
| 2015 | $874 | $81,106 | $19,361 | $61,745 |
| 2014 | $864 | $79,520 | $18,983 | $60,537 |
Source: Public Records
Agents Affiliated with this Home
-
Neo Dela Cruz
Seller's Agent in 2023
Neo Dela Cruz
Engel & Völkers Newport Beach
(951) 285-9999
1 in this area
24 Total Sales
-
Paul Li
PL
Buyer's Agent in 2023
Paul Li
Harvest Real Estate, Inc.
(909) 569-5915
1 in this area
34 Total Sales
-
John Simcoe
Seller's Agent in 2019
John Simcoe
Keller Williams Realty
(951) 217-8878
180 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23168359
APN: 187-220-016
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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