$287,500
SOLD MAY 22, 2026
2 Beds
2 Baths
1,102 Sq Ft
1,307 Sq Ft Lot Lot

Sale Details

Date Sold: May 22, 2026

$261 Per Sq Ft

9% Below List Price

178 on Market

Highlights

  • Spa
  • City Lights View
  • Granite Countertops
  • Gated Parking
  • Updated Kitchen
  • 1-minute walk to Low Park

About This Home

As of May 2026

Welcome to Magnolia Palms Community! A great single-level condo on the 3rd floor perfect for first-time homebuyers or investors. This spacious upgraded condo boosts 1102 SQFT, 2 bedrooms/2 remodeled bathrooms. Upon entry you'll be greeted with a bright spacious living room. New remodeled kitchen with Granite Countertop, New Cabinets, New Appliances. Additionally Newer Vinyl Flooring. Newer interior paint. Newer entrance door. Balcony floor newly painted. Newer Water Heater. Both Bedrooms and the Livingroom have access to the huge balcony through large glass sliding doors and overlooking the pool. The community amenities includes a pool, a spa, a secure gated entrance with remote access, and underground assigned parking with storage units. Sewer, water and trash paid by HOA. Community is centrally located near the 91 Freeway, Schools, Riverside Plaza, Tyler Mall, RCC, CBU, UCR, Riverside Community Hospital, Kaiser, Mt. Rubidoux, Mission Inn, and much more.

Last Agent to Sell the Property

AUDREY TAFISH

ALIGN HOMES Brokerage Phone: 909-228-9759 License #01424477 Listed on: 10/24/2025

Last Buyer's Agent

AUDREY TAFISH

ALIGN HOMES Brokerage Phone: 909-228-9759 License #01424477 Listed on: 10/24/2025

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1959

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $446 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Gated Parking
  • Assigned Parking

Home Design

  • Entry on the 3rd floor
  • Turnkey

Interior Spaces

  • 1,102 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Vinyl Flooring
  • City Lights Views

Kitchen

  • Updated Kitchen
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Outdoor Features

  • Spa
  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 319
  • Tax Tract Number 5610
  • Assessor Parcel Number 226211047
  • $56 per year additional tax assessments

Community Details

Overview

  • 240 Units
  • Magnolia Palms Association, Phone Number (951) 675-1644
  • Cobalt Drake HOA

Recreation

  • Community Pool
  • Community Spa

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1959

Lot Details

1,307 Sq Ft Lot

HOA Fees

$446 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Fridge, stackable Washer & Dryer.
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 226211047
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1102.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: In Living Room
  • Entry Level: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 260.89
  • Room Type: All Bedrooms Down, Living Room
  • Spa Features: Association, Community
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Remodeled, Shower
  • Room Kitchen Features: Remodeled Kitchen, Granite Counters

Exterior Features

  • View: City Lights
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Microwave, Refrigerator, Electric Range, Electric Oven, Dishwasher
  • Heating Type: Central
  • Laundry Features: Inside, Electric Dryer Hookup, Stackable, Washer Included, Dryer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Water, Sewer, Pool, Trash, Controlled Access, Spa/Hot Tub
  • Association Fee: 446.42
  • Association Fee Frequency: Monthly
  • Association Name: Magnolia Palms
  • Phone: 951-675-1644
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights, Sidewalks
  • Association Management: Cobalt - Drake

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • 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: 240
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 319
  • Tax Tract: 5610
  • Tax Tract Number: 5610
  • TaxOtherAnnualAssessmentAmount: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2018
Closed on
Apr 24, 2018
Sold by
Aboshady Moustafa Moatz
Bought by
Hafez May
Seller's Agent
Shahin Reihani-Kashani
Realty One Group West
Buyer's Agent
AUDREY TAFISH
ALIGN HOMES
List Price
$299,500
Sold Price
$200,000
Premium/Discount to List
-$99,500
-33.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$180,000
Outstanding Balance
$154,537
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$144,593

Purchase Details

Listed on
Feb 14, 2018
Closed on
Apr 19, 2018
Sold by
Hafez May
Bought by
Qumseya Elia N and Bandak Jomana N
Seller's Agent
Shahin Reihani-Kashani
Realty One Group West
Buyer's Agent
AUDREY TAFISH
ALIGN HOMES
List Price
$299,500
Sold Price
$200,000
Premium/Discount to List
-$99,500
-33.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$154,537
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$144,593

Purchase Details

Listed on
Sep 14, 2017
Closed on
Oct 17, 2017
Sold by
Fannie Mae
Bought by
Hafez May
Seller's Agent
SHARON ROBERTS
HOMEQUEST REAL ESTATE
Buyer's Agent
OUT OF AREA
OUT OF AREA
List Price
$155,000
Sold Price
$166,000
Premium/Discount to List
$11,000
7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.09%

Purchase Details

Closed on
Jun 7, 2017
Sold by
Nelson Edna E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 22, 1999
Sold by
Elizabeth Sciortino
Bought by
Nelson Walter D and Nelson Edna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1996
Sold by
Zambrana Emilia L
Bought by
Sciortino Luigi and Sciortino Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Fidelity National Title Comp
Grant Deed $200,000 Fidelity National Title
Grant Deed $166,000 Lawyers Title Ie
Deed In Lieu Of Foreclosure $226,352 None Available
Grant Deed $60,000 First American Title Ins Co
Grant Deed $51,500 Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $180,000 New Conventional
Previous Owner $40,000 Purchase Money Mortgage
Previous Owner $40,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2026 05/22/26 Sold $287,500 -8.7% $261 / Sq Ft
04/20/2026 04/20/26 Pending -- -- --
10/24/2025 10/24/25 For Sale $315,000 +57.5% $286 / Sq Ft
04/26/2018 04/26/18 Sold $200,000 -4.8% $181 / Sq Ft View Prior Sale
03/21/2018 03/21/18 Price Changed $209,999 -2.7% $191 / Sq Ft
03/20/2018 03/20/18 Price Changed $215,900 -1.6% $196 / Sq Ft
03/19/2018 03/19/18 Price Changed $219,500 +0.7% $199 / Sq Ft
03/18/2018 03/18/18 Price Changed $217,900 -0.7% $198 / Sq Ft
02/24/2018 02/24/18 Price Changed $219,500 -15.4% $199 / Sq Ft
02/16/2018 02/16/18 Price Changed $259,500 -13.4% $235 / Sq Ft
02/14/2018 02/14/18 For Sale $299,500 +80.4% $272 / Sq Ft
10/20/2017 10/20/17 Sold $166,000 +7.1% $151 / Sq Ft View Prior Sale
09/22/2017 09/22/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $155,000 -- $141 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,497 $227,560 $56,889 $170,671
2023 $2,497 $218,726 $54,681 $164,045
2022 $2,441 $214,438 $53,609 $160,829
2021 $2,419 $210,234 $52,558 $157,676
2020 $2,401 $208,080 $52,020 $156,060
2019 $2,356 $204,000 $51,000 $153,000
2018 $1,931 $166,000 $50,000 $116,000
2017 $885 $79,436 $19,852 $59,584
2016 $831 $77,879 $19,463 $58,416
2015 $817 $76,712 $19,172 $57,540
2014 $807 $75,212 $18,798 $56,414
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25245592

California Regional Multiple Listing Service (CRMLS)

APN: 226-211-047

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