1123 Tolkien, Riverside, California 92506, Riverside, 92506 - 4 bed, 3 bath
ACTIVE UNDER CONTRACT$675,000
1123 Tolkien, Riverside, California 92506
4Beds
3Baths
1,866Sqft
9,148Lot
Price Vs. Estimate
The estimated value ($675,000) is $0 (0%) lower than the list price ($675,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 1866.
Top Cons:
Significant Price Reductions: The property has experienced substantial price reductions from its original listing, which may indicate initial overpricing or market resistance, potentially affecting buyer confidence.
Compared to the nearby listings
Price:$675.0K vs avg $727.6K ($-52,597)36%
Size:1,866 sqft vs avg 1,935 sqft44%
Price/sqft:$362 vs avg $38630%
More Insights
Built in 1988 (37 years old).
Condition: This property, built in 1988, has undergone significant and recent renovations, making it move-in ready. The description highlights a 'remodeled kitchen featuring modern cabinetry, and stainless steel appliances,' 'new flooring,' 'fresh interior paint,' 'newer dual-pane windows,' and a 'newer HVAC system.' The images confirm a beautifully updated kitchen with white shaker cabinets, dark countertops, and modern stainless steel appliances. While the kitchen is excellent, some bathrooms show a mix of updates; some have newer vanities and fixtures, but at least one (image 9) retains older floor tile and a basic shower/tub setup, preventing an 'Excellent' rating. Overall, the property is well-maintained with major systems updated, aligning perfectly with the 'Good' condition criteria.
Year Built
1988
Close
-
List price
$675K
Original List price
$800K
Price/Sqft
$362
HOA
-
Days on market
-
Sold On
-
MLS number
IV25239785
Home ConditionGood
Features
Good View: City Lights, Hills, Mountain(s), Neighborhood
Pool
Spa
Patio
ViewCity Lights,Hills,Mountain(s),Neighborhood
About this home
Beautifully Updated Pool Home with RV Parking in Canyon Crest! Welcome to 1123 Tolkien Ave — a stunning 4-bedroom, 3-bath home located in one of Riverside’s most desirable neighborhoods. Step inside to discover fresh interior paint, new flooring, and a remodeled kitchen featuring modern cabinetry, and stainless steel appliances. This spacious floor plan includes a convenient downstairs bedroom and full bath, ideal for guests or multi-generational living. Enjoy peace of mind with newer dual-pane windows and newer HVAC system, ensuring comfort and efficiency year-round. The backyard with a sparkling pool and spa and ample RV parking. A 3-car attached garage provides plenty of storage and workspace. Located near top-rated schools, parks, and shopping this move-in ready home offers the perfect combination of comfort, convenience, and style. Don’t miss your chance to call this Riverside gem your own!
Condition Rating
Good
This property, built in 1988, has undergone significant and recent renovations, making it move-in ready. The description highlights a 'remodeled kitchen featuring modern cabinetry, and stainless steel appliances,' 'new flooring,' 'fresh interior paint,' 'newer dual-pane windows,' and a 'newer HVAC system.' The images confirm a beautifully updated kitchen with white shaker cabinets, dark countertops, and modern stainless steel appliances. While the kitchen is excellent, some bathrooms show a mix of updates; some have newer vanities and fixtures, but at least one (image 9) retains older floor tile and a basic shower/tub setup, preventing an 'Excellent' rating. Overall, the property is well-maintained with major systems updated, aligning perfectly with the 'Good' condition criteria.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 1866.
Extensive Modern Updates: The home boasts fresh interior paint, new flooring, a remodeled kitchen with modern cabinetry and stainless steel appliances, newer dual-pane windows, and a newer HVAC system, making it move-in ready and energy-efficient.
Prime Location: Situated in the desirable Canyon Crest neighborhood, the property offers convenient access to top-rated schools, parks, and shopping, enhancing its appeal and lifestyle benefits.
Resort-Style Backyard: The backyard features a sparkling pool and spa, providing an excellent private oasis for relaxation, entertainment, and outdoor enjoyment.
Versatile Floor Plan: A spacious layout includes a convenient downstairs bedroom and full bath, ideal for multi-generational living, guest accommodation, or a home office.
Ample Parking & Storage: The property offers a 3-car attached garage for significant storage and workspace, complemented by ample RV parking, catering to various needs.
Cons
Significant Price Reductions: The property has experienced substantial price reductions from its original listing, which may indicate initial overpricing or market resistance, potentially affecting buyer confidence.
Age of Structure: Built in 1988, while many components are updated, the underlying structure and some systems may be original, potentially leading to future maintenance considerations not covered by recent renovations.
Potential for Limited Usable Yard Space: Despite a generous lot size of 9148 sqft, the inclusion of a pool, spa, and ample RV parking might limit the amount of open green space or versatile yard area for other outdoor activities.