NOT LISTED FOR SALE

6794 Palm Ave Riverside, CA 92506

Magnolia Center Neighborhood

Estimated Value: $706,000 - $749,000

3 Beds
3 Baths
2,425 Sq Ft
$300/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $450,000 $186 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,254/month

307 Days on Market

Highlights

  • Heated Spa
  • Gated Parking
  • Open Floorplan
  • RV Access or Parking
  • Custom Home
  • 3-minute walk to Low Park

About This Home

As of June 2019

Two APNs! One APN with a beautiful home and one APN for you to build.Total land aprox. 14810sqft.

This spacious family home offers both a classic Spanish style construction alongside modern updates. With a huge open yard and plenty of space for entertaining, it is perfect for those who love to host friends and family. There’s plenty of parking both in front and back, including RV parking and hook-ups. This home features a two car garage with an attached room that includes utilities. The three very large bedrooms upstairs, including a master suite, are perfect for any sized family. The kitchen is the home cook’s delight, with plenty of storage space, a full gas range, built-in microwave, stainless steel sink, and room for dining. The home features an open living room with a brick fireplace, dining room, three bathrooms, office, laundry room and basement. The back yard features a gazebo with built in ceiling fan, an above ground spa, a large fire pit, and a full-sized basketball hoop with plenty of room for a half-court game. The backyard is also fully gated with locks for privacy.

Last Agent to Sell the Property

Melina Boswell

EXP REALTY OF SOUTHERN CA. INC License #01438421 Listed on: 08/01/2018

EXP REALTY OF SOUTHERN CA. INC

Last Buyer's Agent

Stacey Torres

Hearthstone Homes License #02002811

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 7,405 Sq Ft Lot
  • Sprinklers Throughout Yard
  • Private Yard
  • Lawn
  • Back Yard
  • Density is up to 1 Unit/Acre
  • 225-212-006
  • Value in Land
  • Property is zoned R1

Parking

  • 2 Car Garage
  • Parking Available
  • Circular Driveway
  • Gated Parking
  • Parking Lot
  • RV Access or Parking

Home Design

  • Custom Home
  • Spanish Architecture
  • Partial Copper Plumbing

Interior Spaces

  • 2,425 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Bar
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Workshop
  • Storage
  • Neighborhood Views
  • Attic Fan
  • Smart Home
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Upgraded Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Gazebo
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Rain Gutters

Schools

  • Ramona High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Whole House Fan
  • Wall Furnace
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 5 / 3
  • Tax Tract Number 4091
  • Assessor Parcel Number 225212007

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • View: Yes
  • Zoning: R1
  • Architectural Style: Custom Built, Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 225212007
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2425.00 Square Feet
  • Interior Amenities: Attic Fan, Bar, Ceiling Fan(s), Copper Plumbing Partial, Crown Molding, Home Automation System, Open Floorplan, Recessed Lighting, Storage, Wired for Data
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Living Room, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 185.57
  • Room Type: All Bedrooms Up, Attic, Basement, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Office, Walk-In Closet, Workshop
  • Spa Features: Above Ground, Heated
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Upgraded
  • Basement: Unfinished

Exterior Features

  • Patio: Yes
  • Other Structures: Gazebo, Storage, Workshop
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Patio And Porch Features: Brick, Concrete, Covered, Patio, Porch, Front Porch, Rear Porch
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Concrete, Garage, Gated, Parking Space, RV Access/Parking, RV Hook-Ups
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Recirculated Exhaust Fan, Water Line to Refrigerator
  • Heating Type: Wall Furnace, Electric, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Whole House Fan, Electric, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Schools

  • High School: Ramona
  • High School2: RAMONA

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 225-212-006
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Lawn, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Value In Land, Yard
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 311.00
  • Tax Lot: 5
  • Tax Tract Number: 004091

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2020
Sold by
Palomares Jessica N and Cruz Eduardo L
Bought by
Palomares Jimmy and Palomares Jessica N
Current Estimated Value
$726,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,920
Outstanding Balance
$389,506
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$337,311

Purchase Details

Listed on
Aug 1, 2018
Closed on
Jun 14, 2019
Sold by
Jackson Timothy Dale and Jackson Casey Jean
Bought by
Palomares Jessica N and Cruz Eduardo L
Seller's Agent
Melina Boswell
EXP REALTY OF SOUTHERN CA. INC
Buyer's Agent
Stacey Torres
Hearthstone Homes
List Price
$545,000
Sold Price
$450,000
Premium/Discount to List
-$95,000
-17.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$436,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2012
Sold by
Jackson Timothy and Jackson Casey
Bought by
Jackson Timothy Dale and Jackson Casey Jean

Purchase Details

Closed on
Sep 14, 2010
Sold by
Hrd Holdings Llc
Bought by
Jackson Timothy and Jackson Casey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,545
Interest Rate
4.67%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 7, 2010
Sold by
Neighborhood Partnership Housing Service
Bought by
Hrd Holdings Llc and E Development Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2009
Sold by
Howard Frank and Howard Audrey
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jan 25, 2006
Sold by
Howard Frank
Bought by
Howard Frank and Howard Audrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
7.18%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 25, 2003
Sold by
Howard Audrey
Bought by
Howard Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2001
Sold by
Soto Raymond P
Bought by
Howard Frank and Howard Audrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,141
Interest Rate
7.14%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 1995
Sold by
Fostier Betty L
Bought by
Soto Raymond P and Soto Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,618
Interest Rate
8.44%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 1994
Sold by
Fostier Betty L
Bought by
Fostier Betty L and Darsie Kathy Jo
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Palomares Jimmy -- First American Title Company
Palomares Jessica N $450,000 Ticor Title San Diego
Jackson Timothy Dale -- None Available
Jackson Timothy $262,000 First American Title Company
Hrd Holdings Llc $187,000 First American Title Company
Neighborhood Partnership Housing Service $187,000 First American Title Company
Jpmorgan Chase Bank National Association $231,000 Servicelink
Howard Frank -- Landamerica Commonwealth Tit
Howard Frank -- Commonwealth Title
Howard Frank $185,000 United Title
Soto Raymond P $145,000 First American Title Ins Co
Fostier Betty L -- First American Title Ins Co
Fostier Betty L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palomares Jimmy $437,920
Closed Palomares Jessica N $436,500
Previous Owner Jackson Timothy $256,545
Previous Owner Hrd Holdings Llc $93,000
Previous Owner Howard Frank $476,000
Previous Owner Howard Frank $248,000
Previous Owner Howard Frank $182,141
Previous Owner Soto Raymond P $142,618
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $450,000 0.0% $186 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
01/01/2019 01/01/19 Price Changed $450,000 -1.1% $186 / Sq Ft
12/15/2018 12/15/18 Price Changed $455,000 -1.1% $188 / Sq Ft
12/07/2018 12/07/18 Price Changed $460,000 -1.1% $190 / Sq Ft
11/23/2018 11/23/18 Price Changed $465,000 -3.9% $192 / Sq Ft
10/30/2018 10/30/18 Price Changed $484,000 -3.0% $200 / Sq Ft
09/18/2018 09/18/18 Price Changed $499,000 -1.2% $206 / Sq Ft
09/02/2018 09/02/18 Price Changed $505,000 -1.9% $208 / Sq Ft
08/24/2018 08/24/18 Price Changed $515,000 -1.9% $212 / Sq Ft
08/17/2018 08/17/18 Price Changed $525,000 -1.9% $216 / Sq Ft
08/13/2018 08/13/18 Price Changed $535,000 -1.8% $221 / Sq Ft
08/01/2018 08/01/18 For Sale $545,000 -- $225 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,452 $479,669 $111,550 $368,119
2023 $5,452 $482,489 $96,501 $385,988
2022 $5,328 $473,029 $94,609 $378,420
2021 $5,257 $463,754 $92,754 $371,000
2020 $5,217 $458,999 $91,803 $367,196
2019 $0 $265,725 $40,530 $225,195
2018 $2,920 $260,516 $39,737 $220,779
2017 $2,867 $255,408 $38,958 $216,450
2016 $2,683 $250,401 $38,195 $212,206
2015 $2,644 $246,641 $37,622 $209,019
2014 $2,618 $241,812 $36,886 $204,926
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Melina Boswell

    EXP REALTY OF SOUTHERN CA. INC

    (909) 815-6489

    11 Total Sales

    Melina Boswell
    Section Image
  • Stacey Torres

    Buyer's Agent in 2019

    Stacey Torres

    Hearthstone Homes

    (951) 297-7928

    114 Total Sales

    Stacey Torres
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV18186250

California Regional Multiple Listing Service (CRMLS)

APN: 225-212-007

California Riverside County Riverside 92504 Magnolia Center

6794 Palm Ave, Riverside, CA

Not Listed for Sale

Detached

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