Magnolia Palms Condominiums 6979 Palm Ct Unit 242 Riverside, CA 92506
Magnolia Center Neighborhood
3
Beds
2
Baths
1,235
Sq Ft
$515/mo
HOA Fee
Highlights
- Spa
- Gated Community
- Property is near a park
- Automatic Gate
- Open Floorplan
- 1-minute walk to Low Park
About This Home
As of April 2025Attention Homebuyers! This 3-bedroom, 2-bath condo in the heart of Riverside’s Magnolia Center is a fantastic opportunity to make a home your own! With tons of potential, this rare find features a spacious covered balcony and a prime location close to shopping, dining, and entertainment. Whether you're a first-time buyer or looking for a home to customize to your taste, this condo is ready for your personal touch. Don't miss out on this chance to build equity and create your dream space!
Last Agent to Sell the Property
WESTCOE REALTORS INC Brokerage Phone: 951-318-5363 License #01320591 Listed on: 03/11/2025
Property Details
Home Type
- Condominium
Year Built
- Built in 1959
HOA Fees
- $515 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Parking Available
- Automatic Gate
- Parking Lot
- Assigned Parking
Property Views
- Pool
- Courtyard
Home Design
- Cosmetic Repairs Needed
- Fixer Upper
Interior Spaces
- 1,235 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Ceiling Fan
- Sliding Doors
- Living Room Balcony
- Combination Dining and Living Room
Kitchen
- Breakfast Bar
- Electric Oven
- Electric Cooktop
- Tile Countertops
- Formica Countertops
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
- 220 Volts In Laundry
Home Security
Outdoor Features
- Spa
- Exterior Lighting
- Rain Gutters
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Additional Features
- No Interior Steps
- Two or More Common Walls
- Property is near a park
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 5610
- Assessor Parcel Number 226212043
- $56 per year additional tax assessments
Community Details
Overview
- 120 Units
- Magnolia Palms Association, Phone Number (909) 527-4440
- Pmi Inland Empire HOA
Amenities
- Picnic Area
- Community Storage Space
Recreation
- Community Pool
- Community Spa
Security
- Gated Community
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 11, 2025
Closed on
Mar 27, 2025
Sold by
Gillins Sharon B
Bought by
Ayub Mahmudshah Shah
Seller's Agent
Tami Fleming-Maio
WESTCOE REALTORS INC
Buyer's Agent
DANIEL AGUILAR LL
PONCE & PONCE REALTY, INC
List Price
$269,900
Sold Price
$294,000
Premium/Discount to List
$24,100
8.93%
Total Days on Market
14
Views
169
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.61%
Original Mortgage
$185,000
Outstanding Balance
$184,838
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$104,467
Purchase Details
Closed on
Oct 10, 2008
Sold by
The Bank Of New York
Bought by
Gillins Sharon B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,729
Interest Rate
5.9%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 30, 2008
Sold by
Gillins Curtis L
Bought by
Gillins Sharon B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,729
Interest Rate
5.9%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 3, 2008
Sold by
Campos Danny A
Bought by
The Bank Of New York
Purchase Details
Closed on
Aug 9, 2005
Sold by
Padilla Jorge and Padilla Evyonne C
Bought by
Campos Danny A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 27, 2005
Sold by
Quintero Victoria A and Solorzano Mario
Bought by
Padilla Jorge and Padilla Evyonne C
Purchase Details
Closed on
Mar 3, 2004
Sold by
Seyler Robert D
Bought by
Solorzano Mario and Quintero Victoria A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 11, 2003
Sold by
Messer Aline M
Bought by
Seyler Robert D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,926
Interest Rate
5.13%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 4, 1995
Sold by
Duchaine Marcelle E
Bought by
Messer Aline M
Similar Homes in Riverside, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $294,000 | First American Title | |
| Grant Deed | $127,000 | Landsafe Title | |
| Interfamily Deed Transfer | -- | Landsafe Title | |
| Trustee Deed | $127,500 | Landsafe Title | |
| Grant Deed | $265,000 | Stewart Title Guaranty | |
| Quit Claim Deed | -- | -- | |
| Grant Deed | $165,000 | First American Title Co | |
| Grant Deed | $109,500 | First American Title Co | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $185,000 | New Conventional | |
| Previous Owner | $112,918 | New Conventional | |
| Previous Owner | $124,729 | FHA | |
| Previous Owner | $212,000 | Purchase Money Mortgage | |
| Previous Owner | $156,750 | Purchase Money Mortgage | |
| Previous Owner | $106,926 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2025 04/28/25 | Sold | $294,000 | +8.9% | $238 / Sq Ft |
| 03/25/2025 03/25/25 | Pending | -- | -- | -- |
| 03/11/2025 03/11/25 | For Sale | $269,900 | -- | $219 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Tami Fleming-Maio
Seller's Agent in 2025
Tami Fleming-Maio
WESTCOE REALTORS INC
(951) 318-5363
4 in this area
64 Total Sales
-
DANIEL AGUILAR LL
Buyer's Agent in 2025
DANIEL AGUILAR LL
PONCE & PONCE REALTY, INC
(909) 550-1748
1 in this area
5 Total Sales
About Magnolia Palms Condominiums
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV25053412
APN: 226-212-043
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