7142 Potomac St Riverside, CA 92504
Magnolia Center NeighborhoodEstimated payment $2,834/month
Highlights
- Mountain View
- Cooling System Mounted To A Wall/Window
- Central Heating
- No HOA
- Laundry Room
- 1-Story Property
About This Home
Opportunity 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.
Listing Agent
Elite Properties Direct Brokerage Phone: 951-473-0390 License #01248699 Listed on: 05/06/2026
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
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 20
- Tax Tract Number 1
- Assessor Parcel Number 230152007
- $66 per year additional tax assessments
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $2,167 | $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 |
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 |
|---|---|---|---|---|---|
| 05/12/2026 05/12/26 | Pending | -- | -- | -- | |
| 05/12/2026 05/12/26 | Off Market | $499,900 | -- | -- | |
| 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 | -- | -- |
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 |
|---|---|---|---|
| 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 |
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 | $260,000 | New Conventional | |
| Previous Owner | $127,200 | New Conventional | |
| Previous Owner | $244,000 | Purchase Money Mortgage | |
| Previous Owner | $85,400 | Purchase Money Mortgage | |
| Closed | $30,500 | No Value Available | |
| Closed | $61,000 | No Value Available |
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
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