5742 Magnolia Ave Riverside, CA 92506
Wood Streets NeighborhoodEstimated payment $4,350/month
Highlights
- Main Floor Bedroom
- Granite Countertops
- Neighborhood Views
- High Ceiling
- No HOA
- Cottage
About This Home
Welcome to Wood Streets living at its finest. Located at 5742 Magnolia Avenue in the heart of Riverside, this beautifully crafted single-story residence blends modern construction with timeless neighborhood charm. Built in 2007 and thoughtfully designed with quality finishes throughout, this 3-bedroom, 2.5-bath home offers approximately 1,710 square feet of comfortable living space on a spacious lot. Step inside to discover an open-concept layout featuring granite countertops, recessed lighting, a breakfast bar, and a spacious family room with a cozy gas and wood-burning fireplace. The private primary suite includes a walk-in closet, dual vanities, soaking tub, and separate shower, while the secondary bedrooms share a convenient Jack-and-Jill bathroom. Outside, enjoy a private back yard with mature fruit trees (Avocado, Lemon, Pomegranate). Designed with comfort and efficiency in mind, the home features sound-insulated front windows, double-insulated 2 x 4 construction, drywalled bull nose corners, central HVAC, a tankless water heater, indoor laundry room, and fire sprinklers throughout. Recently painted inside and out, other upgrades include new carpet, ceiling fans, and new roll up garage door with opener. Off street parking is provided in the driveway behind the house, and you could easily add a privacy gate. Utilize the space above the detached two-car garage to build an ADU to generate extra income. Located in one of Riverside’s most desirable historic neighborhoods, this property offers close proximity to shopping, dining, and entertainment at Riverside Plaza. Also close to hiking at Mt Rubidoux, The Mission Inn, local parks, award winning medical providers, and top-rated schools. This is your opportunity to newer-built home in an established neighborhood filled with classic Riverside appeal.
Listing Agent
Alta Realty Group Brokerage Phone: 951-454-3805 License #01704162 Listed on: 05/23/2026
Open House Schedule
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Saturday, May 30, 20261:00 to 3:00 pm5/30/2026 1:00:00 PM +00:005/30/2026 3:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Year Built
- Built in 2007
Lot Details
- 7,841 Sq Ft Lot
- Property fronts an alley
- Wood Fence
- Landscaped
- Level Lot
- Back and Front Yard
Parking
- 2 Car Garage
- 4 Open Parking Spaces
- Parking Available
Home Design
- Cottage
- Entry on the 1st floor
- Turnkey
- Composition Roof
- Stucco
Interior Spaces
- 1,710 Sq Ft Home
- 1-Story Property
- High Ceiling
- Recessed Lighting
- Gas Fireplace
- Family Room
- Living Room with Fireplace
- Storage
- Laundry Room
- Neighborhood Views
Kitchen
- Free-Standing Range
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
- Jack-and-Jill Bathroom
- Soaking Tub
Outdoor Features
- Patio
- Exterior Lighting
- Front Porch
Location
- Suburban Location
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 1 / 12
- Tax Tract Number 207
- Assessor Parcel Number 218275001
- $66 per year additional tax assessments
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,801 | $606,900 | $182,070 | $424,830 |
| 2023 | $6,578 | $587,520 | $91,800 | $495,720 |
| 2022 | $6,474 | $576,000 | $90,000 | $486,000 |
| 2021 | $4,737 | $424,150 | $94,606 | $329,544 |
| 2020 | $4,701 | $419,801 | $93,636 | $326,165 |
| 2019 | $4,611 | $411,570 | $91,800 | $319,770 |
| 2018 | $4,520 | $403,500 | $90,000 | $313,500 |
| 2017 | $3,972 | $347,000 | $177,000 | $170,000 |
| 2016 | $3,769 | $345,000 | $176,000 | $169,000 |
| 2015 | $3,771 | $345,000 | $176,000 | $169,000 |
| 2014 | $3,808 | $345,000 | $176,000 | $169,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/23/2026 05/23/26 | For Sale | $699,000 | 0.0% | $409 / Sq Ft | |
| 04/12/2025 04/12/25 | Rented | $3,200 | 0.0% | -- | |
| 03/31/2025 03/31/25 | Price Changed | $3,200 | +6.7% | $2 / Sq Ft | |
| 03/31/2025 03/31/25 | Price Changed | $3,000 | -11.8% | $2 / Sq Ft | |
| 03/10/2025 03/10/25 | Price Changed | $3,400 | -2.9% | $2 / Sq Ft | |
| 02/16/2025 02/16/25 | For Rent | $3,500 | +20.7% | -- | |
| 02/11/2022 02/11/22 | Rented | $2,900 | 0.0% | -- | |
| 01/26/2022 01/26/22 | Under Contract | -- | -- | -- | |
| 12/30/2021 12/30/21 | Off Market | $2,900 | -- | -- | |
| 12/08/2021 12/08/21 | For Rent | $2,900 | 0.0% | -- | |
| 12/03/2021 12/03/21 | Sold | $576,000 | 0.0% | $337 / Sq Ft | View Prior Sale |
| 10/29/2021 10/29/21 | Pending | -- | -- | -- | |
| 09/23/2021 09/23/21 | Price Changed | $576,000 | -1.5% | $337 / Sq Ft | |
| 09/14/2021 09/14/21 | For Sale | $585,000 | +1.6% | $342 / Sq Ft | |
| 09/06/2021 09/06/21 | Off Market | $576,000 | -- | -- | |
| 08/20/2021 08/20/21 | For Sale | $585,000 | +45.0% | $342 / Sq Ft | |
| 12/29/2017 12/29/17 | Sold | $403,500 | -1.6% | $236 / Sq Ft | View Prior Sale |
| 10/30/2017 10/30/17 | For Sale | $409,900 | -- | $240 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Grant Deed | $576,000 | Ticor Title | |
| Grant Deed | $291,977 | North American Title | |
| Grant Deed | $403,500 | First American Title | |
| Grant Deed | $170,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | Accommodation |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $360,000 | VA | |
| Previous Owner | $306,850 | Construction |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG26112417
APN: 218-275-001
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Ask me questions while you tour the home.