NOT LISTED FOR SALE

6315 Palm Ave Riverside, CA 92506

Magnolia Center Neighborhood

Estimated Value: $558,000 - $576,000

3 Beds
1 Bath
1,062 Sq Ft
$535/Sq Ft Est. Value

Sale Details

Date Sold: February 22, 2022

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

Est. 13% increase in value since last sale

Current estimated payment $3,544 / mo

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

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

Year Built

1956

Lot Details

8,276 Sq Ft Lot

Parking

1

Listing Details

  • Zoning: R1065
  • Subclass: Single Family Home
  • 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
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

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

Garage/Parking

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

Utilities

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

Schools

  • High School: 32422

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

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
Jan 21, 2022
Closed on
Feb 1, 2022
Sold by
Bought by
Seller's Agent
Nora Nichols
Acquire Inc.
Buyer's Agent
RECIP
Out of Area Office
List Price
$480,000
Sold Price
$500,000
Premium/Discount to List
$20,000
4.17%
Current Estimated Value
$567,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,250
Avg. Annual Appreciation
2.94%
Original Mortgage
$486,034
Interest Rate
0.0355%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 22, 2014
Sold by
Bought by

Purchase Details

Listed on
Apr 24, 2013
Closed on
May 14, 2013
Sold by
Bought by
Seller's Agent
Wanda Ryan
Realty ONE Group West
Buyer's Agent
Wanda Ryan
Realty ONE Group West
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
7.68%
Original Mortgage
$105,000
Interest Rate
0.0338%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 27, 2012
Closed on
Jan 4, 2013
Sold by
Bought by
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
Bought by

Purchase Details

Closed on
Feb 9, 2012
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

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
-- None Listed On Document
$500,000 Ticor Title
-- None Available
$215,000 First American Title Company
$135,000 None Available
-- None Available
-- None Available
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
Closed $486,034
Closed $105,000
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
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

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
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

    7 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 West

    (951) 500-9849

    87 Total Sales

    Wanda Ryan
    Section Image
  • Sherri Cort

    Seller's Agent in 2013

    Sherri Cort

    WESTAR REALTY

    (951) 545-5302

    28 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

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