NOT LISTED FOR SALE

Estimated Value: $286,000 - $347,058

3 Beds
2 Baths
1,234 Sq Ft
$437/mo HOA Fee

Last Sold April 21, 2021

Last sale price $222,000 $180 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,609/month

6 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Front Porch
  • Neighborhood Views
  • Cul-De-Sac
  • 1-minute walk to Low Park

About This Home

As of April 2021

Welcome to Magnolia Palms Condominiums! These vintage condos have been a cornerstone part of Riverside's Magnolia Center area since 1959! This unit offers three bedrooms and two full baths over 1,234 square feet. As you enter, you are led to the open living room which lets the warm California sunshine spill in via large picture windows and sliding door access to the patio. The patio overlooks a courtyard space which offers both privacy and a community feel. The galley style kitchen features laminate countertops, a dishwasher, pantry, wall oven, and electric cooktop. The kitchen also leads directly to the dining area and living room. The indoor laundry area includes a stackable washer and dryer that is included with the sale. Gated underground, designated parking is an added bonus. The complex has a community pool, and is centrally located close to churches, schools, shopping, dining, entertainment, freeway access, and more!

Last Agent to Sell the Property

Nathaniel Devlin

DEVLIN REALTY License #01957589 Listed on: 03/09/2021

Last Buyer's Agent

Molly Silva-Gurrola

NEST REAL ESTATE License #01360881

NEST REAL ESTATE

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1959

Lot Details

  • 1 Common Wall
  • Cul-De-Sac
  • East Facing Home

HOA Fees

  • $437 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Parking Lot

Home Design

  • Cosmetic Repairs Needed

Interior Spaces

  • 1,234 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Entryway
  • Family Room
  • Dining Room
  • Neighborhood Views

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Additional Features

  • Low Pile Carpeting
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5610
  • Assessor Parcel Number 226211027

Community Details

Overview

  • 120 Units
  • Magnolia Palms Association, Phone Number (951) 999-4406
  • Wsr Property Management HOA

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1959

Lot Details

0

HOA Fees

$437 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Stackable washer and dryer unit
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: Yes
  • Zoning: R3
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 226211027
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1234.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Vinyl
  • Accessibility Features: Low Pile Carpeting
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 179.90
  • Room Type: Entry, Family Room, Kitchen, Master Bedroom
  • Bathroom Features: Shower, Shower In Tub
  • Room Kitchen Features: Formica Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • View: Neighborhood
  • Fence: No
  • Patio And Porch Features: Front Porch
  • Pool Features: Association
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Parking Space, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop
  • Heating Type: Central
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Management
  • Association Fee: 437.12
  • Association Fee Frequency: Monthly
  • Association Name: Magnolia Palms Association
  • Phone: 951-999-4406
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Urban
  • Association Management: WSR Property Management

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 1307.00
  • Lot Size Acres: 0.0300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1307.0000 Square Feet
  • Number Of Units In Community: 120
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 310.01
  • Tax Lot: 1
  • Tax Tract Number: 5610

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Mar 24, 2021
Sold by
Blandin Teresa
Bought by
Martinez Johnny V and Martinez Laura A
Seller's Agent
Nathaniel Devlin
DEVLIN REALTY
Buyer's Agent
Molly Silva-Gurrola
NEST REAL ESTATE
List Price
$220,000
Sold Price
$222,000
Premium/Discount to List
$2,000
0.91%
Current Estimated Value
$332,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,894
Avg. Annual Appreciation
10.24%

Purchase Details

Closed on
Dec 2, 1999
Sold by
Blandin Hubert A & Emily H Revocable Tr
Bought by
Family Trust Of Emily H Blandin

Purchase Details

Closed on
May 1, 1996
Sold by
Simmons Smed Elizabeth and Norin Elizabeth Marie
Bought by
Smed Elizabeth Marie Norin
Source: Public Records

Range of Values:

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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
Martinez Johnny V $222,000 Ticor Title Company
Family Trust Of Emily H Blandin -- --
Smed Elizabeth Marie Norin -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2021 04/21/21 Sold $222,000 0.0% $180 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/13/2021 03/13/21 Off Market $222,000 -- --
03/09/2021 03/09/21 For Sale $220,000 -- $178 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21037859

California Regional Multiple Listing Service (CRMLS)

APN: 226-211-027