Nestled at the end of a peaceful cul-de-sac in the prestigious Alessandro Arroyo Homeowners Association, this stunning 1.27-acre lot offers the perfect setting for your dream home. Accessed via a charming private bridge, the property is surrounded by some of the area's most exquisite homes, combining privacy and beauty. The lot is fully graded and build-ready, with all utilities conveniently available at the street. The seller has already completed soil and percolation testing, and full home plans—approved by both the City and HOA—are included should the buyer want them. The community’s CC&Rs require homes to be a minimum of 3,500 square feet, with the average home size being 5,863 square feet, ensuring a neighborhood of distinction. Enjoy low property taxes and a low $45/month HOA fee as well. This serene property is a rare gem in one of Riverside's most prestigious neighborhoods. It is truly the ideal location to bring your vision to life. Don’t miss this incredible opportunity—schedule a visit today!
Property Details
Property Features
Listing Office:
Office Name: Tower Agency
Office Phone: (951) 259-4671
Listing Agent: JOSIE SOTO SANCHEZ
Exterior Features
Exterior Information:
View: Mountain(s), Neighborhood
Lot Features
Lot Information:
Lot: Cul-De-Sac
Lot Size: 1.27 Acres
Other
Directions Information:
Directions: Berry to Moss to Merlot
Price Information
Listing Price Info
Price Summary:
List Price: $475,000
Tax Information:
Annual Amount: $3,262
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Riverside, CA.
This property is $180.9K less than the Median Sold Price in Riverside, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #IV25005410
Listing Office:
Office Name: Tower Agency
Office Phone: (951) 259-4671
Listing Agent: JOSIE SOTO SANCHEZ
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 1/11/2025, 4:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 30, 2016
Dec 30, 2016Home Sold
$265,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$3,262
$284,133
2020
$3,261
$281,220
2018
$3,141
$270,300
2017
$316
$265,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,438
Per Month
Principal & Interest
$2,371
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,491
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
John F. Kennedy Elementary School
19125 Schhouse Ln
Distance between this listing and this school1.04 miles
Public District Grades KG-6
5
/10
William Howard Taft Elementary School
959 Mission Grove Pkwy N
Distance between this listing and this school1.25 miles
Public District Grades KG-6
6
/10
Benjamin Franklin Elementary School
19661 Orange Terrace Pkwy
Distance between this listing and this school1.56 miles
Public District Grades KG-6
Nearby Schools
7
/10
Amelia Earhart Middle School
20202 Aptos St
Distance between this listing and this school2.20 miles
Public District Grades 7-8
6
/10
Frank Augustus Miller Middle School
17925 Krameria Ave
Distance between this listing and this school2.30 miles
Public District Grades 7-8
5
/10
Matthew Gage Middle School
6400 Lincoln Ave
Distance between this listing and this school3.07 miles
Public District Grades 7-8
Nearby Schools
9
/10
Martin Luther King High School
9301 Wood Rd
Distance between this listing and this school1.89 miles
Public District Grades 9-12
7
/10
Summit View Independent Study
6401 Lincoln Ave
Distance between this listing and this school3.15 miles
Public District Grades KG-12
6
/10
Riverside Virtual
4011 14th St
Distance between this listing and this school3.15 miles
The neighbors living near this home have an average income of $117,952. The most common annual income of people living in Riverside, CA is between $35k-100k. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 14392 Merlot Ct
What is the listing price of this property?
The listing price of 14392 Merlot Ct property is $475,000.
What type of property is this?
The property 14392 Merlot Ct is land located in Riverside, California, 92508.
Is this property for sale now?
Active Listing: 14392 Merlot Ct is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,262 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 30, 2016 for $265,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 14392 Merlot Ct in Riverside, CA and zip code 92508 in the Alessandro Heights neighborhood. This home sits on a 1.27 acre lot. It has been listed on Rocket Homes since January 09, 2025 and is currently priced at $475,000.
Over 68 listings were sold over their listed price in December 2024 in Riverside, CA. In the same period over 56 listings were sold below the listed price and 35 listings were sold for the listed price. The inventory of homes for sale in Riverside, CA between November 2024 and December 2024 decreased by 10.7%. While the average time on the market in December 2024 was 46 days, the median list price was $655,980.
From Rocket Homes Real Estate and based on county public records data.