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5208 Magnolia Ave, Riverside, CA, 92506

$829,900

Home List Price

$9,855*

Closing Credit

3 Bedrooms
3 Full Baths
2,332 SqFt
$356/SqFt
House

Location

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5208 Magnolia Ave, Riverside$829,900

Buyer Closing Credits

$9,855*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Permit Required, RV Potential
Attached Garage3 spaces
Year Built1950
HeatingCentral
CoolingCentral Air
FireplaceFamily Room, Gas, Living Room, Wood Burning
ViewNone
MLS #IG24199397
Lot Size0.23 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 5208 Magnolia Ave

A MUST SEE!!! This gorgeous and model-like home is ready for your family in the heart of the historic “Wood Streets”. This timeless oasis built in 1950 boasts over 2,300 sq ft of living space, while blending classic elegance with modern comfort. This lovely corner retreat welcomes you inside to gorgeous hardwood flooring, remodeled kitchen, a formal living room with a unique original fireplace surround (which was duplicated in the step-down family room), an office with attached 3/4 bathroom that could be a 4th bedroom, 3 more bedrooms (with the private primary suite on the opposite side of the home with separate entrance), a formal dining room, and indoor laundry/pantry. In addition to a new HVAC unit, copper repipe, replaced sewer line, beamed ceilings, double vanity in primary bathroom, and double pane windows, the private low-maintenance backyard features a fountain and a gas fire pit that invites cozy evenings under the stars, creating an ideal atmosphere for entertaining friends and family. There is a side yard with a meandering pathway lined with your very own mature fruit trees (and this area could be opened up for potential RV parking). The garage is 3-cars wide inside, with two roll-up doors, as well as off-street parking. This home has everything you’ll need and want in one of the most desirable neighborhoods in all of Riverside, plus walking distance to RCC, bike riding-distance to the local weekend farmer’s market in downtown Riverside, and a short drive or ride to lots of nearby shopping, restaurants, Bonaminio Park, and trails at Mount Rubidoux.

Property Details

Property Features

Property Information:

  • Architectural Style: Custom
  • Year Built: 1950
  • Stories: 1
  • Living Area: 2,332 SqFt

Listing Office:

  • Office Name: Re/Max Partners
  • Office Phone: (951) 205-4429
  • Listing Agent: April Glatzel

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Oven
  • Flooring Type: Laminate, Stone, Wood
  • Interior: Beamed Ceilings, Built-in Features, Ceiling Fan(s), Separate/Formal Dining Room, Track Lighting, Primary Suite, Walk-In Closet(s)
  • Fireplace: Family Room, Gas, Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Permit Required, RV Potential

Lot Features

Lot Information:

  • Lot: Corner Lot, Level, Rectangular Lot, Sprinklers
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Corona, take 91 Fwy toward Riverside, exit Central Avenue, turn left. Turn right on Magnolia, then turn right on 2nd street (Beechwood Place) past traffic light at Bandini.

Price Information

Listing Price Info

Price Summary:

  • List Price: $829,900
  • Price Per SqFt: $356/SqFt

Tax Information:

  • Annual Amount: $5,413
  • 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

5208 Magnolia Ave vs Riverside

56 DAYS ON ROCKET

+26 Days

$829,900

+$174.2K More

$356/SqFt

-$18 Less

KEY TAKEAWAY

This property is $174.2K more than the Median Sold Price and $18/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: #IG24199397

Listing Office:

  • Office Name: Re/Max Partners
  • Office Phone: (951) 205-4429
  • Listing Agent: April Glatzel

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: 11/21/2024, 4:21:04 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

Nov 10, 2014Home Sold
$440,000
Dec 05, 2013Home Sold
$409,000
Aug 14, 1998Home Sold
$119,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,413$488,536
2020$5,413$483,528
2018$5,204$464,754
2017$4,780$455,642

History based on county public records data.

Payment Calculator

$4,209

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,555

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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-354042
6
/10

  • Magnolia Elementary School

  • 3975 Maplewood Pl

  • 0.48 miles

  • Public District Grades KG-6

school-card-donut-354043
6
/10

  • Pachappa Elementary School

  • 6200 Riverside Ave

  • 0.81 miles

  • Public District Grades KG-6

school-card-donut-354044
5
/10

  • Bryant School of Arts and Innovation

  • 4324 3rd St

  • 1.57 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 $85,381. Typical income of Riverside, CA residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5208 Magnolia Ave

What is the listing price of this property?

The listing price of 5208 Magnolia Ave property is $829,900.

What type of property is this?

The property 5208 Magnolia Ave is a house located in Riverside, California, 92506.

Is this property for sale now?

Accepting Backup Offers: 5208 Magnolia Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,413 (source: MLS/based on county public records data).

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

The last sale was on November 10, 2014 for $440,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5208 Magnolia Ave has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5208 Magnolia Ave is 2,332 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5208 Magnolia Ave is 1950.

Rocket Homes›California›Riverside County›Riverside›92506›5208 Magnolia Ave

This home is located at 5208 Magnolia Ave in Riverside, CA and zip code 92506 in the Wood Streets neighborhood. This 2,332 square foot home, which was built in 1950, sits on a 0.23 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $829,900.

In October 2024, from all listings sold in Riverside, CA there were more than 86 sold above asking price, over 65 sold below and more than 50 were sold right at the asked price. The inventory of homes for sale in Riverside, CA between September 2024 and October 2024 increased by 0.6%. 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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