Magnolia Palms Condominiums 6979 Palm Ct Unit 346 Floor 1 Riverside, CA 92506
Magnolia Center NeighborhoodEstimated payment $2,022/month
Highlights
- Bonus Room
- Community Pool
- Laundry Room
- Neighborhood Views
- Balcony
- 1-minute walk to Low Park
About This Home
Welcome to Magnolia Palms, a gated condominium community located in the heart of Riverside. This spacious 2-bedroom, 2-bathroom unit offers approximately 1,005 sq ft of living space and is located on the third floor with convenient elevator access.
The home features a bright and open living and dining area with large sliding glass doors and wall-to-wall windows that bring in plenty of natural light and provide views of the community pool area. The kitchen offers ample cabinetry and counter space and opens to the living area, making it ideal for everyday living and entertaining.
In addition to the two bedrooms, the unit includes a bonus room that can be used as a home office, den, or additional flexible living space. One of the unique features of this unit is the large wrap-around rear patio, offering extended outdoor space that is perfect for relaxing, entertaining, or enjoying the community views.
Additional features include central heating and air conditioning, in-unit laundry hookups, and access to the community’s amenities including a pool, controlled access entry, and landscaped common areas.
Conveniently located near shopping, dining, schools, parks, and with easy access to major commuter routes including the 91 freeway.
Bank-owned property being sold as-is.
Listing Agent
SIERRA REALTY FONTANA INC Brokerage Phone: 909-553-1630 License #01281494 Listed on: 03/18/2026
Co-Listing Agent
SIERRA REALTY FONTANA INC Brokerage Phone: 909-553-1630 License #01355750
Property Details
Home Type
- Condominium
Year Built
- Built in 1959
HOA Fees
- $430 Monthly HOA Fees
Parking
- 1 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,185 Sq Ft Home
- 1-Story Property
- Bonus Room
- Neighborhood Views
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Additional Features
- Balcony
- 1 Common Wall
- Suburban Location
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 5610
- Assessor Parcel Number 226212056
- $56 per year additional tax assessments
Community Details
Overview
- 120 Units
- Magnolia Palms Association, Phone Number (951) 601-1170
- Cobalt Property Management/ HOA
Recreation
- Community Pool
Map
About Magnolia Palms Condominiums
Home Values in the Area
Average Home Value in this Area
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 | $2,569 | $300,000 | $90,000 | $210,000 |
| 2023 | $2,569 | $225,159 | $53,609 | $171,550 |
| 2022 | $2,511 | $220,745 | $52,558 | $168,187 |
| 2021 | $2,488 | $216,418 | $51,528 | $164,890 |
| 2020 | $2,469 | $214,200 | $51,000 | $163,200 |
| 2019 | $2,424 | $210,000 | $50,000 | $160,000 |
| 2018 | $1,111 | $92,676 | $19,852 | $72,824 |
| 2017 | $1,092 | $90,860 | $19,463 | $71,397 |
| 2016 | $1,025 | $89,080 | $19,082 | $69,998 |
| 2015 | $1,010 | $87,745 | $18,797 | $68,948 |
| 2014 | $1,000 | $86,029 | $18,430 | $67,599 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2026 03/27/26 | Pending | -- | -- | -- |
| 03/18/2026 03/18/26 | For Sale | $260,000 | -- | $219 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $101,755 | Chicago Title | |
| Trustee Deed | $101,755 | Chicago Title | |
| Grant Deed | $150,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $70,000 | First American Title Co | |
| Gift Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $81,000 | Stand Alone Second | |
| Previous Owner | $50,000 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV26047444
APN: 226-212-056
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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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