6490 Palm Ave Riverside, CA 92506
Magnolia Center NeighborhoodEstimated payment $3,795/month
Highlights
- Popular Property
- Gated Parking
- Craftsman Architecture
- Detached Guest House
- Updated Kitchen
- Bonus Room
About This Home
Nestled on a picturesque, tree-lined street in the coveted Palm Heights District, this enchanting 1925 Craftsman-style home is rich with timeless character and modern potential. Set on an oversized lot and fully gated, the property offers both privacy and presence in one of the area’s most charming historic neighborhoods. The main residence features two well-proportioned bedrooms and one full bath, filled with original details that reflect the craftsmanship of a bygone era. A former sleeping porch has been thoughtfully converted into a versatile den or additional room—ideal for a home office, creative space, or guest area. Adding to the home’s appeal is a newly constructed two-car garage and a separate additional structure on the property, perfectly suited for an ADU, guest house, or income-producing opportunity. With ample outdoor space and mature surroundings, the lot offers endless possibilities for expansion, entertaining, or simply enjoying the serene setting. Brimming with warmth, charm, and potential, this historic Craftsman is a rare opportunity to own a truly special home in Palm Heights—where character, space, and flexibility come together beautifully.
Listing Agent
Vista Sotheby's International Realty Brokerage Phone: 951-333-7531 License #01947805 Listed on: 02/19/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1925
Lot Details
- 7,841 Sq Ft Lot
- Back and Front Yard
Parking
- 2 Car Garage
- Parking Available
- Two Garage Doors
- Gated Parking
Home Design
- Craftsman Architecture
- Patio Home
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 1,132 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Dining Room
- Den
- Bonus Room
- Neighborhood Views
Kitchen
- Updated Kitchen
- Gas Range
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry Located Outside
Outdoor Features
- Patio
- Front Porch
Additional Features
- Detached Guest House
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 16
- Tax Tract Number 9000
- Assessor Parcel Number 225111041
- $66 per year additional tax assessments
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 | $6,150 | $567,017 | $141,494 | $425,523 |
| 2023 | $6,150 | $545,000 | $136,000 | $409,000 |
| 2022 | $3,632 | $320,545 | $86,632 | $233,913 |
| 2021 | $3,590 | $314,261 | $84,934 | $229,327 |
| 2020 | $3,563 | $311,040 | $84,064 | $226,976 |
| 2019 | $3,496 | $304,942 | $82,416 | $222,526 |
| 2018 | $3,428 | $298,963 | $80,800 | $218,163 |
| 2017 | $3,368 | $293,102 | $79,216 | $213,886 |
| 2016 | $3,153 | $287,356 | $77,663 | $209,693 |
| 2015 | $3,108 | $283,043 | $76,498 | $206,545 |
| 2014 | $2,192 | $195,402 | $51,231 | $144,171 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/22/2026 02/22/26 | Pending | -- | -- | -- | |
| 02/19/2026 02/19/26 | For Sale | $639,000 | +13.1% | $564 / Sq Ft | |
| 07/11/2022 07/11/22 | Sold | $565,000 | 0.0% | $499 / Sq Ft | View Prior Sale |
| 06/10/2022 06/10/22 | Pending | -- | -- | -- | |
| 06/03/2022 06/03/22 | For Sale | $565,000 | +103.6% | $499 / Sq Ft | |
| 05/19/2014 05/19/14 | Sold | $277,500 | -2.6% | $298 / Sq Ft | View Prior Sale |
| 04/07/2014 04/07/14 | Pending | -- | -- | -- | |
| 03/21/2014 03/21/14 | For Sale | $285,000 | -- | $306 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $565,000 | Lawyers Title | |
| Grant Deed | $277,500 | First American Title Company | |
| Grant Deed | $176,000 | Fidelity National Title Comp | |
| Trustee Deed | $112,200 | Accommodation | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | United Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | First American Title Co | |
| Grant Deed | $165,000 | First American Title Ins Co | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Grant Deed | $118,000 | Chicago Title Co | |
| Grant Deed | $882,274 | Fidelity National Title | |
| Trustee Deed | $88,274 | Fidelity Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $423,750 | New Conventional | |
| Previous Owner | $216,000 | New Conventional | |
| Previous Owner | $171,538 | FHA | |
| Previous Owner | $292,000 | Fannie Mae Freddie Mac |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV26037946
APN: 225-111-041
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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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