NOT LISTED FOR SALE

Magnolia Palms Condominiums 6979 Palm Ct Unit 229 Riverside, CA 92506

Magnolia Center Neighborhood

Estimated Value: $293,000 - $322,851

2 Beds
2 Baths
1,165 Sq Ft
$304/mo HOA Fee

Last Sold April 22, 2019

Last sale price $175,000 $150 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,202/month

17 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Living Room
  • Property is near a park
  • Balcony
  • 1-minute walk to Low Park

About This Home

As of April 2019

Location, Location, Location! Great starter condo with an assigned parking space and easy access to elevator. Condo needs TLC, Great investment opportunity. Nearby schools include Saint Catherine of Alexandria School, Notre Dame High School and Riverside Montessori Academy. The closest grocery stores are Madison Market, A K Market and Riverside Certified Farmers Market. Nearby coffee shops and restaurants.

Last Agent to Sell the Property

AOLANY GONZALEZ

RE/MAX TIME REALTY License #01985896 Listed on: 03/01/2019

Last Buyer's Agent

Richard Gibson

WSR REAL ESTATE License #01856821

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1959

Lot Details

  • 1,307

HOA Fees

  • $304 Monthly HOA Fees

Interior Spaces

  • 1,165 Sq Ft Home
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Detached Carport Space
  • Parking Available

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Parking

Outdoor Features

  • Fence Around Pool
  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Additional Features

  • 1 Common Wall
  • Property is near a park

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5610
  • Assessor Parcel Number 226212010

Community Details

Overview

  • 108 Units
  • Magnolia Palms Association, Phone Number (951) 682-1000

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1959

Lot Details

0

HOA Fees

$304 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 226212010
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1165.00 Square Feet
  • Interior Amenities: Balcony
  • Common Walls: 1 Common Wall
  • Accessibility Features: Accessible Elevator Installed, Parking
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 150.21
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Pool Features: Association, Community, Fenced
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer, Unknown
  • Water Source: Other
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 304.00
  • Association Fee Frequency: Monthly
  • Association Name: Magnolia Palms
  • Phone: 9516821000
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 1307.00
  • Lot Size Acres: 0.0300
  • Latitude Manual: 33.94671000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1307.0000 Square Feet
  • Number Of Units In Community: 108
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 5610

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2025
Sold by
Pedroza John Andrew and Pedroza Denise Ellen
Bought by
Pedroza John Andrew and Pedroza Denise Ellen
Current Estimated Value
$301,213

Purchase Details

Listed on
Mar 1, 2019
Closed on
Mar 19, 2019
Sold by
Shariat Mohazab Mohammad Taghi and Shariat Nasab Bita
Bought by
Pedroza John Andrew and Pedroza Denise Ellen
Seller's Agent
AOLANY GONZALEZ
RE/MAX TIME REALTY
Buyer's Agent
Richard Gibson
WSR REAL ESTATE
List Price
$178,000
Sold Price
$175,000
Premium/Discount to List
-$3,000
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%

Purchase Details

Closed on
Jun 29, 2006
Sold by
Howard Paula B
Bought by
Howard Paula B

Purchase Details

Closed on
Jan 21, 2004
Sold by
Harold Ryan and Harold Gina
Bought by
Howard Paula B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,050
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2002
Sold by
Harold Ryan E
Bought by
Harold Ryan and Harold Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,308
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2002
Sold by
Robinson Dean E and Thomas Susan I
Bought by
Mcfadden Ronald and Eggum Bradley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,815
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 20, 1995
Sold by
Guttenberg Howard Alan and Guttenberg Jocelyn
Bought by
Harold Ryan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,500
Interest Rate
9.27%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 1994
Sold by
Guttenberg Howard Alan and Guttenberg Jocelyn
Bought by
Guttenberg Howard Alan and Guttenberg Jocelyn
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pedroza John Andrew -- None Listed On Document
Pedroza John Andrew $175,000 First American Title Company
Howard Paula B -- None Available
Howard Paula B $119,000 Lawyers Title
Harold Ryan -- Orange Coast Title
Mcfadden Ronald $89,500 Fidelity National Title Ins
Harold Ryan E $65,000 First American Title Ins Co
Guttenberg Howard Alan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Howard Paula B $113,050
Previous Owner Harold Ryan $78,308
Previous Owner Mcfadden Ronald $86,815
Previous Owner Harold Ryan E $63,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2019 04/22/19 Sold $175,000 -4.9% $150 / Sq Ft
03/18/2019 03/18/19 Pending -- -- --
03/13/2019 03/13/19 Price Changed $184,000 +3.4% $158 / Sq Ft
03/01/2019 03/01/19 For Sale $178,000 -- $153 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    AOLANY GONZALEZ

    RE/MAX

    (714) 860-2650

    39 Total Sales

    AOLANY GONZALEZ
    Section Image
  • Richard Gibson

    Buyer's Agent in 2019

    Richard Gibson

    WSR REAL ESTATE

    (951) 977-3190

    2 in this area

    20 Total Sales

    Richard Gibson
    Section Image
See All Agents

About Magnolia Palms Condominiums

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19048769

California Regional Multiple Listing Service (CRMLS)

APN: 226-212-010

California Riverside County Riverside 92506 Magnolia Center

6979 Palm Ct Unit 229, Riverside, CA

This home is located at 6979 Palm Ct Unit 229, Riverside, CA 92506 since 01 March 2019 and is currently estimated at $301,213, approximately $258 per square foot. This property was built in 1959. 6979 Palm Ct Unit 229 is a home located in Riverside County with nearby schools including Madison Elementary School, Sierra Middle School, and Ramona High School.

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

Nearby Homes