NOT LISTED FOR SALE

6315 Palm Ave Riverside, CA 92506

Magnolia Center Neighborhood

Estimated Value: $538,000 - $582,000

3 Beds
1 Bath
1,062 Sq Ft
$526/Sq Ft Est. Value

Last Sold February 22, 2022

Last sale price $500,000 $471 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,444/month

5 Days on Market

Highlights

  • Formal Dining Room
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • 1 Car Attached Garage
  • Separate Family Room

About This Home

As of February 2022

Well maintained, single story home, gleaming beneath the palms. Amazing opportunity, and rare to find a large lot over 8000sf at such an affordable price. Elegant wood flooring flows throughout, creating a seamless, expansive open feel in the home. Exquisite natural light filters throughout its open floor plan. View colorful, elegant sunsets from the dining area; simply breathtaking. Updates in the kitchen and bath, allow you to comfortably move in, relax, and enjoy. The backyard seems endless-- extraordinary potential for an ADU, home addition, or outdoor oasis. Enjoy peaceful evening strolls in a charming palm tree-lined neighborhood, or venture out to explore the city's impressive variety of food, arts, shopping and local entertainment. Act quickly and embrace the opportunity to own a rare gem of a property!

Last Agent to Sell the Property

Nora Nichols

Acquire Inc. License #02010338 Listed on: 01/21/2022

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,759

Year Built

  • 1956

Lot Details

  • 8,276

Parking

  • 1 Car Attached Garage
  • On-Street Parking

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,062 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Formal Dining Room
  • Laminate Flooring
  • Gas Cooktop
  • Laundry in Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 8,276 Sq Ft Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,759

Year Built

1956

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1065
  • Subclass: Single Family Home
  • Age: 66
  • Listing Class: Residential
  • Structure Sq Ft: 1062
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas
  • Living Sq Ft: 1062
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Laminate
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Riverside Unified
  • Elementary School: Pachappa Elementary
  • Middle School: Sierra Middle
  • High School: Ramona High
  • High School: 32422
  • Elementary School: 32446
  • Middle School: 32452

Lot Info

  • Lot Acres: 0.1900
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8276.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8276.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2014
Sold by
Garcia Alejandrina
Bought by
Garcia Augustine and Garcia Frank
Current Estimated Value
$559,019

Purchase Details

Listed on
Apr 24, 2013
Closed on
May 14, 2013
Sold by
Dawson 401 K Plan
Bought by
Garcia Alejandrina
Seller's Agent
Wanda Ryan
Realty ONE Group Southwest
Buyer's Agent
Wanda Ryan
Realty ONE Group Southwest
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$105,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 27, 2012
Closed on
Jan 4, 2013
Sold by
Rice Diane M
Bought by
Dawson 401 K Plan
Seller's Agent
Sherri Cort
WESTAR REALTY
Buyer's Agent
Sherri Cort
WESTAR REALTY
List Price
$129,000
Sold Price
$135,000
Premium/Discount to List
$6,000
4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
277.96%

Purchase Details

Closed on
Mar 15, 2012
Sold by
Rice Diane M
Bought by
Rice Diane M

Purchase Details

Closed on
Feb 9, 2012
Sold by
Carr Judith Evelyn
Bought by
Carr Judith E and Rice Diane M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Garcia Augustine -- None Available
Garcia Alejandrina $215,000 First American Title Company
Dawson 401 K Plan $135,000 None Available
Rice Diane M -- None Available
Carr Judith E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Alejandrina $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/22/2022 02/22/22 Sold $500,000 +4.2% $471 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $480,000 +123.3% $452 / Sq Ft
05/29/2013 05/29/13 Sold $215,000 0.0% $202 / Sq Ft View Prior Sale
04/25/2013 04/25/13 Pending -- -- --
04/24/2013 04/24/13 For Sale $215,000 +59.3% $202 / Sq Ft
01/23/2013 01/23/13 Sold $135,000 0.0% $127 / Sq Ft View Prior Sale
12/28/2012 12/28/12 Pending -- -- --
12/28/2012 12/28/12 Off Market $135,000 -- --
12/27/2012 12/27/12 For Sale $129,000 -- $121 / Sq Ft
Source: MLSListings

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 $5,759 $530,603 $95,508 $435,095
2023 $5,759 $510,000 $91,800 $418,200
2022 $4,551 $403,164 $103,206 $299,958
2021 $2,813 $244,584 $68,252 $176,332
2020 $2,792 $242,077 $67,553 $174,524
2019 $2,740 $237,331 $66,229 $171,102
2018 $2,687 $232,679 $64,932 $167,747
2017 $2,640 $228,117 $63,659 $164,458
2016 $2,472 $223,645 $62,411 $161,234
2015 $2,437 $220,288 $61,475 $158,813
2014 $2,414 $215,975 $60,272 $155,703
Source: Public Records

Agents Affiliated with this Home

  • Nora Nichols

    Seller's Agent in 2022

    Nora Nichols

    Acquire Inc.

    (408) 455-4007

    1 in this area

    9 Total Sales

    Nora Nichols
    Section Image

  • R

    Buyer's Agent in 2022

    RECIP

    Out of Area Office

  • Wanda Ryan

    Seller's Agent in 2013

    Wanda Ryan

    Realty ONE Group Southwest

    (951) 500-9849

    85 Total Sales

    Wanda Ryan
    Section Image
  • Sherri Cort

    Seller's Agent in 2013

    Sherri Cort

    WESTAR REALTY

    (951) 545-5302

    35 Total Sales

    Sherri Cort
    Section Image
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Map

Source: MLSListings

MLS Number: ML81875238

MLSListings

APN: 226-301-024

California Riverside County Riverside 92506 Magnolia Center

6315 Palm Ave, Riverside, CA

This home is located at 6315 Palm Ave, Riverside, CA 92506 since 21 January 2022 and is currently estimated at $559,019, approximately $526 per square foot. This property was built in 1956. 6315 Palm Ave is a home located in Riverside County with nearby schools including Pachappa Elementary School, Sierra Middle School, and Ramona High School.

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