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3920 Melody Ln, Riverside, CA, 92504

$640,000

Home List Price

$7,600*

Closing Credit

4 Bedrooms
3 Full Baths
1,770 SqFt
$362/SqFt
House

Location

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3920 Melody Ln, Riverside$640,000

Buyer Closing Credits

$7,600*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Driveway, Garage
Attached Garage2 spaces
Year Built1951
HeatingCentral
CoolingCentral Air
FireplaceDining Room, Gas Starter, Living Room, Wood Burning
ViewNeighborhood
MLS #IG24204341
Lot Size0.18 Acres
StatusActive

About 3920 Melody Ln

Prime Investment Opportunity! Discover this charming single-level home, perfect for savvy investors! Currently occupied by tenants, this property boasts numerous upgrades that enhance its appeal and functionality. Key Features: Investment Ready: Tenants in place, providing immediate rental income. Upgrades: Enjoy modern finishes and improvements throughout, including updated kitchen appliances, stylish flooring, and renovated bathrooms. Spacious Layout: Open-concept living areas that maximize space. Outdoor Space: Backyard offers potential for relaxation or entertaining. Convenient Location: Close to schools, shopping, and parks, making it an attractive choice for future tenants. Don’t miss this opportunity to add a solid asset to your portfolio!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1951
  • Stories: 1
  • Living Area: 1,770 SqFt

Listing Office:

  • Office Name: First Team Real Estate
  • Office Phone: (951) 313-1439
  • Listing Agent: Steven Osborne

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Breakfast Bar, Ceiling Fan(s), Ceramic Counters, All Bedrooms Down, Multiple Primary Suites
  • Fireplace: Dining Room, Gas Starter, Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Concrete, Driveway, Garage

Lot Features

Lot Information:

  • Lot: Front Yard, Lawn, Sprinklers
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From the 60 E. take exit 42 toward Van Buren Blvd/Etiwanda Ave. Turn R. onto Mission Blvd. Turn L. onto Arlington Ave. Turn R. onto Monroe St. Turn L. onto Garfield St. Destination will be on the R.

Price Information

Listing Price Info

Price Summary:

  • List Price: $640,000
  • Price Per SqFt: $362/SqFt

Tax Information:

  • Annual Amount: $1,928
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Riverside, CA.

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Riverside, CA

City

Med. Sold Price

$655.6K

Med. Price/SqFt

$374

Avg. Days On Market

30

# of Sold Homes

201

3920 Melody Ln vs Riverside

48 DAYS ON ROCKET

+18 Days

$640,000

-$15.6K Less

$362/SqFt

-$12 Less

KEY TAKEAWAY

This property is $15.6K less than the Median Sold Price and $12/SqFt less than other homes in Riverside, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #IG24204341

Listing Office:

  • Office Name: First Team Real Estate
  • Office Phone: (951) 313-1439
  • Listing Agent: Steven Osborne

IDX 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: 11/24/2024, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 18, 2017Home Sold
$365,000
Aug 14, 2015Home Sold
$320,000
Mar 24, 2000Home Sold
$127,500

Tax History

YEARPROP. TAXASSESSMENT
2021$1,928$383,679
2020$1,927$379,746
2018$4,167$365,000
2017$3,502$326,400

History based on county public records data.

Payment Calculator

$3,262

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,985

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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.

Nearby Schools

school-card-donut-1075605
4
/10

  • Monroe Elementary School

  • 8535 Garfield St

  • 0.17 miles

  • Public District Grades KG-6

school-card-donut-1075606
6
/10

  • John Adams Elementary School

  • 8362 Colorado Ave

  • 0.90 miles

  • Public District Grades KG-6

school-card-donut-1075607
4
/10

  • Andrew Jackson Elementary School

  • 4585 Jackson St

  • 1.02 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,698. Typical income of Riverside, CA residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3920 Melody Ln

What is the listing price of this property?

The listing price of 3920 Melody Ln property is $640,000.

What type of property is this?

The property 3920 Melody Ln is a house located in Riverside, California, 92504.

Is this property for sale now?

Active Listing: 3920 Melody Ln 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 $1,928 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 18, 2017 for $365,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3920 Melody Ln has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 3920 Melody Ln is 1,770 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3920 Melody Ln is 1951.

Rocket Homes›California›Riverside County›Riverside›92504›3920 Melody Ln

This home is located at 3920 Melody Ln in Riverside, CA and zip code 92504 in the Ramona - Riverside neighborhood. This 1,770 square foot home, which was built in 1951, sits on a 0.18 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $640,000.

In October 2024 more than 86 listings in Riverside, CA were sold above the asking price. During the same period more than 50 listings were sold at asking price, while more than 65 were sold below. The number of listings in Riverside, CA increased by 0.6% between September 2024 and October 2024. Listings spent 30 days on the market in October 2024, and had a median list price of $655,619 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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