NOT LISTED FOR SALE

6341 Palm Ave Riverside, CA 92506

Magnolia Center Neighborhood

Estimated Value: $594,000 - $677,000

3 Beds
2 Baths
1,837 Sq Ft
$351/Sq Ft Est. Value

Sale Details

Date Sold: June 15, 2016

Last sale price $360,000 $196 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,858 / mo

69 Days on Market

Highlights

  • Guest House
  • Corner Lot
  • Neighborhood Views
  • Maid or Guest Quarters
  • No HOA
  • Central Air

About This Home

As of June 2016

GREAT INVESTMENT OPPORTUNITY FOR RENTAL INCOME OR FOR A FAMILY NEEDING A GUEST HOME **HISTORICAL PALM HEIGHTS DISTRICT** GREAT LOCATION CLOSE TO MAGNOLIA CENTER, SHOPPING AND THE WOOD STREETS. 2 HOMES ON ONE LOT. THE MAIN HOME IS A VERY CHARMING "CLASSIC BUNGALOW" STYLE HOME. 1536 SQUARE FEET WITH 2 BEDROOMS AND 1 BATH. GREAT LONG TERM (12 YEARS) TENANT ALREADY IN PLACE. THIS HOME HAS A TON OF HISTORICAL CHARM WITH LOTS OF GREAT NOOKS AND BUILT-INS. FORMAL DINING ROOM, BREAKFAST ROOM, LAUNDRY ROOM. ORIGINAL BEAUTIFUL HARDWOOD FLOORS, LARGE LIVING ROOM WITH A GORGEOUS FIREPLACE. THE ONE BEDROOM ONE BATH HOME HAS A LIVING ROOM, KITCHENETTE, AND 1 BATHROOM WITH ITS OWN ADDRESS ON MERRILL AVENUE. (PERMITTED IN THE 1930'S) THIS HOME WAS RECENTLY UPDATED. THERE IS ALSO A TENANT IN PLACE THERE AS WELL. SHOWN BY APPOINTMENT ONLY. PLEASE DO NOT DISTURB THE TENANTS UNDER ANY CIRCUMSTANCES!!

Last Agent to Sell the Property

DAWN Gleason

Vista Sotheby's International Realty License #01714538 Listed on: 04/20/2016

Last Buyer's Agent

Pablo Mendez

Century 21 Allstars License #01243986

Century 21 Allstars

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1,837 Sq Ft Home
  • Living Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 2 Full Bathrooms

Additional Features

  • Guest House
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 226301027

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

8,276 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 226301027
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1837.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 195.97
  • Room Type: Guest/Maid's Quarters, Living Room, Master Bedroom

Exterior Features

  • Other Structures: Guest House
  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 8276.00
  • Price Per Lot Square Foot: 43.50
  • Lot Size Acres: 0.1900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8276.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Tract Number: 000

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

Closed on
Feb 15, 2022
Sold by
Bought by
Current Estimated Value
$630,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,750
Interest Rate
0.0392%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2016
Closed on
May 24, 2016
Sold by
Bought by
Seller's Agent
DAWN Gleason
Vista Sotheby's International Realty
Buyer's Agent
Pablo Mendez
Century 21 Allstars
List Price
$365,000
Sold Price
$360,000
Premium/Discount to List
-$5,000
-1.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$353,479
Interest Rate
0.0361%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
0.0137%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 31, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,150
Interest Rate
0.0786%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
-- Stewart Title
$360,000 Firsta American Title Co
-- Fidelity National Title Co
$160,000 First American Title Co
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 $149,674
Closed $453,750
Closed $45,293
Closed $353,479
Closed $285,000
Closed $45,000
Closed $162,750
Closed $156,150
Closed $156,150
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
06/15/2016 06/15/16 Sold $360,000 -1.4% $196 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $365,000 +1.4% $199 / Sq Ft
04/19/2016 04/19/16 Off Market $360,000 -- --
02/17/2016 02/17/16 For Sale $365,000 +1.4% $199 / Sq Ft
02/12/2016 02/12/16 Off Market $360,000 -- --
02/11/2016 02/11/16 For Sale $365,000 -- $199 / 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
2025 $5,426 $499,602 $89,183 $410,419
2023 $5,426 $480,204 $85,721 $394,483
2022 $4,533 $401,584 $78,084 $323,500
2021 $4,476 $393,710 $76,553 $317,157
2020 $4,442 $389,674 $75,769 $313,905
2019 $4,359 $382,034 $74,284 $307,750
2018 $4,274 $374,544 $72,828 $301,716
2017 $4,198 $367,200 $71,400 $295,800
2016 $2,259 $203,646 $57,271 $146,375
2015 $2,226 $200,588 $56,411 $144,177
2014 $2,205 $196,660 $55,307 $141,353
Source: Public Records

Agents Affiliated with this Home

  • DAWN Gleason

    Seller's Agent in 2016

    DAWN Gleason

    Vista Sotheby's International Realty

    (951) 289-9899

    1 in this area

    33 Total Sales

    DAWN Gleason
    Section Image

  • P

    Buyer's Agent in 2016

    Pablo Mendez

    Century 21 Allstars

    (562) 572-2777

    4 Total Sales

    Pablo Mendez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16028719

California Regional Multiple Listing Service (CRMLS)

APN: 226-301-027

California Riverside County Riverside 92506 Magnolia Center

6341 Palm Ave, Riverside, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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