Seller's Agent in 2025
Ben Escalera
Berkshire Hathaway Homeservices California Realty
(323) 620-4274
1 in this area
139 Total Sales
Magnolia Palms Condominiums 6979 Palm Ct Unit 240 Riverside, CA 92506
Magnolia Center Neighborhood
2
Beds
1
Bath
1,000
Sq Ft
$400/mo
HOA Fee
Highlights
- Spa
- Neighborhood Views
- Laundry Room
- Property is near public transit
- Community Playground
- 1-minute walk to Low Park
About This Home
As of April 2025SELLER MOTIVATED! Charming Magnolia Palms Condo Now Available. This Unit has direct access from the street up a flight of stairs. You also have an assigned covered parking and Storage shelves. Enjoy the sunsets with a Large Balcony Overlooking the Beautiful greenspace. You have a very spacious Livingroom with a ton of Natural light coming from the large slider doors. The Kitchen is updated with Granite Countertops and plenty of cupboard storage. Both Bedrooms have generous space and ample sized closets. Plus you have your own Laundry hookups! This community feels like a resort with a Sparkling Pool and Spa surrounded by picnic areas and serene landscaping. Magnolia Palms is centrally located and minutes away from Multiple Restaurants, shopping, Schools, and Nightlife. What More Can you ask for!
Last Agent to Sell the Property
Berkshire Hathaway Homeservices California Realty Brokerage Phone: 323-620-4274 License #01753823 Listed on: 08/26/2024
Co-Listed By
Berkshire Hathaway Homeservices California Realty Brokerage Phone: 323-620-4274 License #02114041
Property Details
Home Type
- Condominium
Year Built
- Built in 1959
HOA Fees
- $400 Monthly HOA Fees
Interior Spaces
- 1,000 Sq Ft Home
- 1-Story Property
- Neighborhood Views
- Laundry Room
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Outdoor Features
- Spa
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Private Water Source
Additional Features
- Two or More Common Walls
- Property is near public transit
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 5610
- Assessor Parcel Number 226212038
- $56 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 120 Units
- Magnolia Palms Association, Phone Number (714) 845-7959
- Manager HOA
Amenities
- Picnic Area
Recreation
- Community Playground
- Community Pool
- Community Spa
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2024
Closed on
Mar 31, 2025
Sold by
Naftzger Ian
Bought by
El Tounsy Walid Mohamed Ali
Seller's Agent
Ben Escalera
Berkshire Hathaway Homeservices California Realty
Buyer's Agent
Qinyu Jiang
Star Max Realty
List Price
$305,000
Sold Price
$274,000
Premium/Discount to List
-$31,000
-10.16%
Total Days on Market
211
Views
131
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
111.03%
Purchase Details
Listed on
Jun 19, 2018
Closed on
Sep 26, 2018
Sold by
Annarella Giuseppe G
Bought by
Naftzger Ian
Seller's Agent
Melanie McShane
No Firm Affiliation
Buyer's Agent
Michelle Carnley
COLDWELL BANKER ASSOC BRKR/MEN
List Price
$220,000
Sold Price
$200,000
Premium/Discount to List
-$20,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$160,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 26, 2015
Closed on
Nov 23, 2015
Sold by
Gollands Thomas and Gollands Rhonda
Bought by
Annarella Giuseppe G
Seller's Agent
FRANK HEYMING
H & J
Buyer's Agent
Jodie Zappanti
RE/MAX TIME REALTY
List Price
$148,900
Sold Price
$129,000
Premium/Discount to List
-$19,900
-13.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.45%
Purchase Details
Closed on
Oct 3, 2008
Sold by
Gollands Thomas and Gollands Rhonda
Bought by
Gollands Thomas and Gollands Rhonda
Purchase Details
Closed on
Dec 8, 1995
Sold by
Household Finance Corp Of California
Bought by
Chiolero Courtland and Gollands Thomas L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7.37%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 11, 1995
Sold by
Dunham Richard G
Bought by
Household Finance Corp Of California
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $274,000 | Socal Title Company | |
| Grant Deed | $200,000 | Fidelity National Title Comp | |
| Grant Deed | $129,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Corporate Deed | $36,500 | Fidelity National Title Ins | |
| Trustee Deed | $74,298 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $158,000 | New Conventional | |
| Previous Owner | $160,000 | New Conventional | |
| Previous Owner | $58,291 | Unknown | |
| Previous Owner | $59,044 | Unknown | |
| Previous Owner | $60,000 | Unknown | |
| Previous Owner | $36,000 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | Sold | $274,000 | -10.2% | $274 / Sq Ft |
| 03/30/2025 03/30/25 | For Sale | $305,000 | +11.3% | $305 / Sq Ft |
| 03/27/2025 03/27/25 | Off Market | $274,000 | -- | -- |
| 12/26/2024 12/26/24 | Price Changed | $305,000 | -1.6% | $305 / Sq Ft |
| 11/12/2024 11/12/24 | Price Changed | $310,000 | -2.2% | $310 / Sq Ft |
| 09/16/2024 09/16/24 | Price Changed | $317,000 | -0.9% | $317 / Sq Ft |
| 08/26/2024 08/26/24 | For Sale | $320,000 | +60.0% | $320 / Sq Ft |
| 10/24/2018 10/24/18 | Sold | $200,000 | -9.1% | $200 / Sq Ft |
| 09/23/2018 09/23/18 | Pending | -- | -- | -- |
| 06/19/2018 06/19/18 | For Sale | $220,000 | +70.5% | $220 / Sq Ft |
| 12/08/2015 12/08/15 | Sold | $129,000 | -7.5% | $129 / Sq Ft |
| 11/23/2015 11/23/15 | Pending | -- | -- | -- |
| 10/28/2015 10/28/15 | Price Changed | $139,400 | -0.4% | $139 / Sq Ft |
| 09/22/2015 09/22/15 | Price Changed | $139,900 | -2.8% | $140 / Sq Ft |
| 08/25/2015 08/25/15 | Price Changed | $143,900 | -3.4% | $144 / Sq Ft |
| 06/26/2015 06/26/15 | For Sale | $148,900 | -- | $149 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Ben Escalera
-
LEVI KING
Seller Co-Listing Agent in 2025
LEVI KING
Berkshire Hathaway Homeservices California Realty
(909) 545-1870
1 in this area
42 Total Sales
-
Qinyu Jiang
Q
Buyer's Agent in 2025
Qinyu Jiang
Star Max Realty
(626) 362-8699
1 in this area
2 Total Sales
-
M
Seller's Agent in 2018
Melanie McShane
No Firm Affiliation
-
Michelle Carnley
Buyer's Agent in 2018
Michelle Carnley
COLDWELL BANKER ASSOC BRKR/MEN
(951) 237-0748
55 Total Sales
-
F
Seller's Agent in 2015
FRANK HEYMING
H & J
About Magnolia Palms Condominiums
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: EV24177262
APN: 226-212-038
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