NOT LISTED FOR SALE

Magnolia Palms Condominiums 6979 Palm Ct Unit 345 Riverside, CA 92506

Magnolia Center Neighborhood

Estimated Value: $326,000 - $376,943

3 Beds
2 Baths
1,235 Sq Ft
$496/mo HOA Fee

Last Sold November 22, 2023

Last sale price $355,000 $287 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,676/month

8 Days on Market

Highlights

  • City Lights View
  • Covered Patio or Porch
  • Open to Family Room
  • Community Pool
  • Balcony
  • 1-minute walk to Low Park

About This Home

As of November 2023

Discover the epitome of urban sophistication at 6979 Palm #345N, Riverside. Nestled within the coveted Magnolia Palms community, this 3-bedroom, 2-bathroom condo marries contemporary design with unbeatable locale.

Notable Features:
Outdoor Deck: Extend your living space; ideal for morning coffees or twilight reflections.
Local Clubhouse: Dive into relaxation or invigorate with laps in the community pool.
Accessibility: Freeway entry is a breeze; shops are just a stone’s throw away, simplifying errands or impromptu delights.
At the heart of this condo lies its modern essence. Step inside to find a realm that’s been meticulously updated, where every detail echoes a commitment to style & function.
But Magnolia Palms is more than just a residence; it’s a lifestyle. Engage with neighbors in shared spaces, relish sun-dappled days by the pool, and enjoy the perks of a cohesive community.
Beyond the enclave, Riverside’s vibrant offerings await. Whether it’s the pulsating beat of the city’s cultural hubs or the serene beauty of its green spaces, it’s all within grasp.
6979 Palm #345N is an invitation to elevated living. Invest in not just a home, but a backdrop for the memories awaiting creation.

Last Agent to Sell the Property

Austin Morales

eHomes License #02122064 Listed on: 09/25/2023

eHomes

Last Buyer's Agent

WINESSA WESLEY

EINSTEIN REALTY License #02093379

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

  • $496 Monthly HOA Fees

Property Views

  • City Lights
  • Pool
  • Neighborhood

Interior Spaces

  • 1,235 Sq Ft Home
  • 3-Story Property
  • Entryway
  • Family Room Off Kitchen
  • Living Room
  • Open Floorplan
  • Dining Room
  • Carpet

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Jack-and-Jill Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Madison Elementary School
  • Sierra Middle School
  • Ramona High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5610
  • Assessor Parcel Number 226212053
  • $56 per year additional tax assessments

Community Details

Overview

  • 240 Units
  • Magnolia Palms Association, Phone Number (714) 845-7959
  • Maintained Community

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Restriction

Additional Features

  • Picnic Area
  • Security Service

Property Details

Home Type

Condominium

Year Built

Built in 1959

Lot Details

0

HOA Fees

$496 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: R3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 226212053
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1235.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, In Family Room, Dining Room, In Kitchen, In Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 287.45
  • Room Type: Entry, Family Room, Jack & Jill, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: City Lights, Neighborhood, Pool
  • Patio And Porch Features: Concrete, Covered, Patio, Patio Open
  • Pool Features: Association
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet, Inside, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Picnic Area, Maintenance Grounds, Trash, Utilities, Sewer, Pet Rules, Pets Permitted, Call for Rules, Security
  • Association Fee: 496.00
  • Association Fee Frequency: Monthly
  • Association Name: Magnolia Palms
  • Phone: 714-845-7959
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: UNKNOWN

Schools

  • School District: Riverside Unified
  • Elementary School: Madison
  • Middle School: Sierra
  • High School: Ramona
  • Elementary School: Madison
  • High School: Ramona
  • Middle Or Junior School: Sierra
  • Elementary School #2: MADISO
  • High School2: RAMONA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: 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 Census Tract: 310.01
  • Tax Lot: 1
  • Tax Tract Number: 5610
  • TaxOtherAnnualAssessmentAmount: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2023
Closed on
Nov 6, 2023
Sold by
Hall Kay Marie
Bought by
Mclean Gregory
Seller's Agent
Austin Morales
eHomes
Buyer's Agent
WINESSA WESLEY
EINSTEIN REALTY
List Price
$325,000
Sold Price
$355,000
Premium/Discount to List
$30,000
9.23%
Views
149
Current Estimated Value
$346,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,264
Avg. Annual Appreciation
-1.23%
Original Mortgage
$355,000
Outstanding Balance
$343,344
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$3,392

Purchase Details

Listed on
Sep 25, 2023
Closed on
Oct 27, 2023
Sold by
Mollers Rachel
Bought by
Mclean Gregory
Seller's Agent
Austin Morales
eHomes
Buyer's Agent
WINESSA WESLEY
EINSTEIN REALTY
List Price
$325,000
Sold Price
$355,000
Premium/Discount to List
$30,000
9.23%
Views
149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Outstanding Balance
$343,344
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$3,392

Purchase Details

Closed on
Oct 9, 2018
Sold by
Ilgunas Raymond S
Bought by
Ilgunas Raymond S

Purchase Details

Closed on
May 16, 2005
Sold by
Dechenne Timothy K
Bought by
Aubrey Rachel Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,800
Interest Rate
5.72%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 7, 2004
Sold by
Dechenne Laura Marie
Bought by
Dechenne Timothy K

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
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2002
Sold by
Caruso Philip C
Bought by
Hammond Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2002
Sold by
Hammond Larry
Bought by
Figueroa Daniel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2001
Sold by
Caruso Philip C
Bought by
Hammond Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
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
Mclean Gregory -- Fidelity National Title
Mclean Gregory $355,000 Fidelity National Title
Mollers Rachel -- Fidelity National Title
Ilgunas Raymond S -- None Available
Aubrey Rachel Q $256,000 Stewart Title Riverside
Dechenne Timothy K -- Chicago Title Co
Dechenne Timothy K $215,000 Chicago Title Co
Hammond Larry -- Fidelity National Title Ins
Figueroa Daniel A $90,000 Fidelity National Title
Hammond Larry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclean Gregory $355,000
Previous Owner Aubrey Rachel Q $204,800
Previous Owner Dechenne Timothy K $40,000
Previous Owner Figueroa Daniel A $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2023 11/22/23 Sold $355,000 +9.2% $287 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
09/25/2023 09/25/23 For Sale $325,000 -- $263 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Austin Morales

    Seller's Agent in 2023

    Austin Morales

    eHomes

    (626) 736-7985

    1 in this area

    95 Total Sales

    Austin Morales
    Section Image
  • WINESSA WESLEY

    Buyer's Agent in 2023

    WINESSA WESLEY

    EINSTEIN REALTY

    (909) 317-4272

    1 in this area

    28 Total Sales

    WINESSA WESLEY
    Section Image
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About Magnolia Palms Condominiums

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23178763

California Regional Multiple Listing Service (CRMLS)

APN: 226-212-053

California Riverside County Riverside 92506 Magnolia Center

6979 Palm Ct Unit 345, Riverside, CA

This home is located at 6979 Palm Ct Unit 345, Riverside, CA 92506 since 25 September 2023 and is currently estimated at $346,736, approximately $280 per square foot. This property was built in 1959. 6979 Palm Ct Unit 345 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

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