5257 Magnolia Ave, Riverside, CA 92506

2 beds, 1 bath, 1,008 sqft
Sold: $219,000
Sold on 05/16/13
Zestimate®: $234,766
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Beautiful starter home located Near RCC & Downtown Riverside. This house is a Great buy for any first time buyer who's looking for something local & near the Riverside Plaza. This house welcomes you with the old style look of wooden floors & a Wood Street feel. Take a moment to enjoy this cottage style home with its personal porch & back alley way. All the windows are originally hinged & lathered with the old style plaster walls. During the summer you can enjoy this spacious backyard with its own private 1 bedroom loft in the back or if you?re looking for something to rent you might want to consider possibly living in the main house & saving the back structure for additional income to start your first investment portfolio. This house has endless possibilities & is in great condition.  MoreLess
 
Facts
  • Lot: 6,098 sqft
  • Single Family
  • Built in 1923
  • Cooling: None
  • Last sold: May 2013 for $219,000
  • Price/sqft: $217
Features
  • Ceiling Fan
  • Deck
  • Fireplace
  • Garden
  • Greenhouse
  • Lawn
  • Mother-in-Law
  • Parking: Garage - Detached, 0 space, 624 sqft
  • Pond
  • Sprinkler System
Room Types
  • Workshop
Construction
  • Construction quality: 6.0
  • Roof type: Other
  • Room count: 5
  • # Stories: 1.0
  • Structure type: Other
  • Unit count: 1
Other
  • Floor size: 1,008 sqft
  • Heating: None
  • Parcel #: 217271020
  • Zillow Home ID: 17842116
Home Values
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$234,766
-$15,759 Last 30 daysd
$218K
$256K
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$1,415/mo
-$2 Last 30 daysd
$1.2K
$1.6K
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Neighborhood for 5257 Magnolia Avenue

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Zillow predicts Wood Streets home values will rise 11.6% next year, compared to a 12.6% increase for Riverside as a whole. Among Wood Streets homes, this home is valued 24% less than the midpoint (median) home, and is valued 4.8% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the Riverside market, the number of foreclosures waiting to be sold decreased 34.9% in the last year. The number of unsold foreclosures is exactly the same as for Riverside, and 20.9% higher than the national average.

Learn more about forecast calculations or Wood Streets home values.
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