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5642 Magnolia Ave, Riverside, CA, 92506

$585,000

Home List Price

$6,947*

Closing Credit

3 Bedrooms
1 Full Bath
1,343 SqFt
$436/SqFt
House

Location

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5642 Magnolia Ave, Riverside$585,000

Buyer Closing Credits

$6,947*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Carport, Detached Carport, Driveway Level, Door-Single, Driveway, Garage Faces Front, Garage, Gravel, Pull-through
Garage1 space
Year Built1924
HeatingCentral
CoolingCentral Air
FireplaceLiving Room
ViewNeighborhood
MLS #CV24193056
Lot Size0.17 Acres
StatusActive

About 5642 Magnolia Ave

Discover Historic Wood Streets of Riverside. Step into this delightful 3-bedroom home, brimming with character and nestled in the picturesque Wood Streets. The inviting interior features a cozy kitchen and an inside laundry room, while vintage finishes add a unique touch throughout. Outside, enjoy a spacious backyard and patio, perfect for entertaining. The property includes a detached garage, carport, and gated alley access for added convenience and security. The beautifully landscaped front and back yards enhance its curb appeal, and the covered front porch invites you to relax and enjoy the neighborhood. This well-maintained home offers a perfect blend of historic charm and modern potential—ideal for making it your own. Don’t miss out on this opportunity in a vibrant community!

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1924
  • Stories: 1
  • Living Area: 1,343 SqFt

Listing Office:

  • Office Name: PRICE REAL ESTATE GROUP INC
  • Office Phone: (909) 957-9288
  • Listing Agent: Briana Price

Interior Features

Interior Information:

  • Appliances: Disposal, Refrigerator, Water Heater
  • Flooring Type: Wood
  • Interior: Pantry, Recessed Lighting, Storage, Tile Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Walk-In Pantry
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood
  • Exterior: Rain Gutters

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Covered, Carport, Detached Carport, Driveway Level, Door-Single, Driveway, Garage Faces Front, Garage, Gravel, Pull-through

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Landscaped, Near Public Transit, Sprinklers
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Riverside Virtual, Public District Grades KG-12
  • Polytechnic High School, Public District Grades 9-12
  • Central Middle School, Public District Grades 5-8
  • Pachappa Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: East on 14th, L on Magnolia, Property is on the left side

Price Information

Listing Price Info

Price Summary:

  • List Price: $585,000
  • Price Per SqFt: $436/SqFt

Tax Information:

  • Annual Amount: $1,218
  • 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

$651K

Med. Price/SqFt

$374

Avg. Days On Market

28

# of Sold Homes

199

5642 Magnolia Ave vs Riverside

1 DAY ON ROCKET

-27 Days

$585,000

-$66K Less

$436/SqFt

+$62 More

KEY TAKEAWAY

This property is $66K less than the Median Sold Price and $62/SqFt more than other homes in Riverside, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #CV24193056

Listing Office:

  • Office Name: PRICE REAL ESTATE GROUP INC
  • Office Phone: (909) 957-9288
  • Listing Agent: Briana Price

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: 9/20/2024, 10:20:52 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

May 30, 2007Home Sold
$390,000
Jun 01, 2005Home Sold
$388,000
Dec 21, 2001Home Sold
$174,500
Apr 01, 1990Home Sold
$155,000
Aug 01, 1989Home Sold
$119,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,218$109,469
2020$1,217$108,347
2018$1,170$104,141
2017$1,078$102,100

History based on county public records data.

Payment Calculator

$2,987

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,820

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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.

Elementary School

school-card-donut-161267
6
/10

  • Pachappa Elementary School

  • 6200 Riverside Ave

  • 0.55 miles

  • Public District Grades KG-6

Middle School

school-card-donut-161268
4
/10

  • Central Middle School

  • 4795 Magnolia Ave

  • 0.60 miles

  • Public District Grades 5-8

High School

school-card-donut-161269
6
/10

  • Riverside Virtual

  • 4011 14th St

  • 1.09 miles

  • Public District Grades KG-12

school-card-donut-161270
7
/10

  • Polytechnic High School

  • 5450 Victoria Ave

  • 1.42 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,831. The most common annual income of people living in Riverside, CA is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5642 Magnolia Ave

What is the listing price of this property?

The listing price of 5642 Magnolia Ave property is $585,000.

What type of property is this?

The property 5642 Magnolia Ave is a house located in Riverside, California, 92506.

Is this property for sale now?

Active Listing: 5642 Magnolia Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5642 Magnolia Ave are:
Pachappa Elementary School: GreatSchools Rating 6/10
Central Middle School: GreatSchools Rating 4/10
Riverside Virtual: GreatSchools Rating 6/10
Polytechnic High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,218 (source: MLS/based on county public records data).

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

The last sale was on May 30, 2007 for $390,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5642 Magnolia Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5642 Magnolia Ave is 1,343 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5642 Magnolia Ave is 1924.

Rocket Homes›California›Riverside County›Riverside›92506›5642 Magnolia Ave

This home is located at 5642 Magnolia Ave in Riverside, CA and zip code 92506 in the Wood Streets neighborhood. This 1,343 square foot home, which was built in 1924, sits on a 0.17 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $585,000.

In August 2024 more than 91 listings in Riverside, CA were sold above the asking price. During the same period more than 45 listings were sold at asking price, while more than 63 were sold below. The number of listings in Riverside, CA decreased by 4.2% between July 2024 and August 2024. In August 2024 median list price was $651,030 and the average listing age was 28 days.

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

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