Jennifer Gamble
Tower Agency
(951) 666-7294
46 Total Sales
6 in Magnolia Center
$290K - $610K Price Range
7142 Potomac St Riverside, CA 92504
Magnolia Center Neighborhood
3
Beds
1
Bath
1,224
Sq Ft
7,405
Sq Ft Lot
Highlights
- Mountain View
- Cooling System Mounted To A Wall/Window
- 1-Story Property
- No HOA
- Central Heating
About This Home
As of June 2026Opportunity and character come together at this charming 1940s Riverside home, offering the chance to create something truly special. Set on an oversized lot in an established neighborhood, this property PROVIDES A RARE CANVAS FOR BUYERS LOOKING TO PERSONALIZE, RESTORE, OR REIMAGINE A HOME WITH TIMELESS APPEAL AND STRONG POTENTIAL. Whether you’re a first-time buyer ready to build equity, an investor searching for value, or a contractor with vision, the possibilities here are easy to appreciate. The spacious lot offers room to expand outdoor living, create gardens, add entertaining space, or explore the potential for an ADU or additional improvements, subject to buyer verification and city requirements. Conveniently located near major freeways, shopping, dining, and everyday amenities, the location combines accessibility with the comfort of a residential setting. Originally built in 1941, the home features approximately 1,226 square feet with 3 bedrooms and 1 bathroom, along with a detached 2-car garage. Situated on an approximately 7,405 square foot lot, this property presents an excellent opportunity for buyers looking to bring fresh ideas and unlock the home’s full potential.
Last Agent to Sell the Property
Elite Properties Direct Brokerage Phone: 951-473-0390 License #01248699 Listed on: 05/06/2026
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 Details
Home Type
- Single Family
Year Built
- Built in 1941
Lot Details
- 7,405 Sq Ft Lot
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,224 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Mountain Views
- Laundry in Garage
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating
Community Details
- No Home Owners Association
- Laundry Facilities
Listing and Financial Details
- Tax Lot 20
- Tax Tract Number 1
- Assessor Parcel Number 230152007
- $66 per year additional tax assessments
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
May 6, 2026
Closed on
Jun 16, 2026
Sold by
Bought by
Seller's Agent
Cale Thomas
Elite Properties Direct
Buyer's Agent
Robert Acevedo
Circle Real Estate
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%
Views
32
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$490,943
Outstanding Balance
$490,943
Interest Rate
6.37%
Mortgage Type
FHA
Estimated Equity
$14,688
Purchase Details
Listed on
May 6, 2026
Closed on
May 19, 2026
Sold by
Bought by
Seller's Agent
Cale Thomas
Elite Properties Direct
Buyer's Agent
Robert Acevedo
Circle Real Estate
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%
Views
32
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,943
Outstanding Balance
$490,943
Interest Rate
6.37%
Mortgage Type
FHA
Estimated Equity
$14,688
Purchase Details
Closed on
Jan 31, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.56%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 2, 2012
Closed on
Oct 2, 2012
Sold by
Bought by
Seller's Agent
Scott Waite
Community One Realty
Buyer's Agent
Scott Waite
Community One Realty
List Price
$130,000
Sold Price
$159,000
Premium/Discount to List
$29,000
22.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$127,200
Interest Rate
3.58%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 2, 2012
Closed on
Aug 28, 2012
Sold by
Bought by
Seller's Agent
Scott Waite
Community One Realty
Buyer's Agent
Scott Waite
Community One Realty
List Price
$130,000
Sold Price
$159,000
Premium/Discount to List
$29,000
22.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
3.58%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 18, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 26, 1999
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Magnolia Center, CA
-
Jennifer Gamble
-
Hasaranga Ratnayake
Hasaranga Ratnayake
BEST PROPERTY MANAGEMENT & REA
(951) 877-5217
55 Total Sales
1 in Magnolia Center
$575,000 Price
-
Albert Soto
Albert Soto
True Inmobiliaria
(657) 279-5316
91 Total Sales
2 in Magnolia Center
$465,000 Price Range
-
Maria Uribe
Maria Uribe
Millennium Homes & Estates
(626) 635-3702
14 Total Sales
1 in Magnolia Center
$390,000 Price
-
Lisa Madrigal
Lisa Madrigal
Responds QuicklyFiv Realty Co.
(951) 406-6266
50 Total Sales
1 in Magnolia Center
$524,000 Price
-
AKXELEM TEJEDA PATZAN
AT
AKXELEM TEJEDA PATZAN
SAFE INVESTMENT REALTY GROUP
(844) 929-4518
41 Total Sales
1 in Magnolia Center
$655,000 Price
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 |
|---|---|---|---|
| Deed | -- | Monarch Title | |
| Grant Deed | $500,000 | Monarch Title | |
| Grant Deed | -- | Wfg National Title | |
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Grant Deed | $79,500 | Lawyers Title | |
| Grant Deed | $610,000 | First Southwestern Title Co | |
| Grant Deed | $122,000 | First American 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 | $490,943 | FHA | |
| Previous Owner | $260,000 | New Conventional | |
| Previous Owner | $127,200 | New Conventional | |
| Previous Owner | $365,000 | Unknown | |
| Previous Owner | $26,315 | Unknown | |
| Previous Owner | $244,000 | Purchase Money Mortgage | |
| Previous Owner | $138,450 | Unknown | |
| Previous Owner | $30,000 | Credit Line Revolving | |
| Previous Owner | $116,017 | Unknown |
Source: Public Records
Property 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 | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/17/2026 06/17/26 | Sold | $500,000 | 0.0% | $408 / Sq Ft | |
| 05/12/2026 05/12/26 | Pending | -- | -- | -- | |
| 05/12/2026 05/12/26 | Off Market | $500,000 | -- | -- | |
| 05/06/2026 05/06/26 | For Sale | $499,900 | +214.4% | $408 / Sq Ft | |
| 10/11/2012 10/11/12 | Sold | $159,000 | +22.3% | $130 / Sq Ft | View Prior Sale |
| 08/29/2012 08/29/12 | Pending | -- | -- | -- | |
| 05/01/2012 05/01/12 | For Sale | $130,000 | -18.2% | $106 / Sq Ft | |
| 04/03/2012 04/03/12 | Off Market | $159,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax 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.
| 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 |
|---|---|---|---|---|
| 2026 | $2,239 | $199,696 | $75,355 | $124,341 |
| 2025 | $2,239 | $195,781 | $73,878 | $121,903 |
| 2023 | $2,167 | $188,180 | $71,010 | $117,170 |
| 2022 | $2,118 | $184,491 | $69,618 | $114,873 |
| 2021 | $2,102 | $180,874 | $68,253 | $112,621 |
| 2020 | $2,086 | $179,021 | $67,554 | $111,467 |
| 2019 | $2,048 | $175,512 | $66,230 | $109,282 |
| 2018 | $2,009 | $172,072 | $64,932 | $107,140 |
| 2017 | $1,974 | $168,699 | $63,659 | $105,040 |
| 2016 | $1,850 | $165,392 | $62,411 | $102,981 |
| 2015 | $1,823 | $162,910 | $61,475 | $101,435 |
| 2014 | $1,806 | $159,721 | $60,272 | $99,449 |
Source: Public Records
Agents Affiliated with this Home
-
Cale Thomas
Seller's Agent in 2026
Cale Thomas
Elite Properties Direct
(951) 473-0390
1 in this area
68 Total Sales
-
Robert Acevedo
Buyer's Agent in 2026
Robert Acevedo
Circle Real Estate
(323) 835-5169
1 in this area
44 Total Sales
-
S
Seller's Agent in 2012
Scott Waite
Community One Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW26099077
APN: 230-152-007
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.
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
Nearby Homes
- 3646 Mariella St
- 6979 Palm Ct Unit 141
- 3658 Hoover St
- 3539 Washington St
- 7334 Garden St
- 3479 Hoover St
- 4791 Granada Ave
- 6714 Palm Ave
- 3198 Washington St
- 6952 Coolidge Ave
- 3719 Tahoe Ct
- 4329 Central Ave
- 4600 Sunnyside Dr
- 4816 Sunnyside Dr
- 5121 Sierra St
- 3076 Ronald St
- 5161 Sierra St
- 3172 Cary St
- 7579 Emerald St
- 6361 Chattanooga Dr
Your Personal Tour Guide
Ask me questions while you tour the home.