134 W Broadbent, Riverside, California 92507, Riverside, 92507 - 4 bed, 3 bath
ACTIVE$719,000
134 W Broadbent, Riverside, California 92507
4Beds
3Baths
2,037Sqft
15,681Lot
Price Vs. Estimate
The estimated value ($728,194.15) is $9,194.15 (1%) lower than the list price ($719,000). 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 = 15681, living area = 2037.
Top Cons:
History of Price Reductions: Multiple price adjustments from the original listing price suggest potential initial overpricing or a challenge in attracting buyers at the initial valuation, which may raise buyer questions.
Compared to the nearby listings
Price:$719.0K vs avg $652.9K (+$66,065)71%
Size:2,037 sqft vs avg 1,854 sqft61%
Price/sqft:$353 vs avg $35848%
More Insights
Built in 1960 (65 years old).
Condition: This property has undergone an extensive and recent renovation, making it virtually new in all key areas. The kitchen features new white shaker cabinets, quartz countertops, modern black hardware, and new stainless steel appliances, presenting a contemporary and high-quality finish. All three bathrooms are similarly updated with new vanities, quartz countertops, modern fixtures, and lighting. New vinyl plank flooring runs throughout the main living areas and bathrooms, complemented by new carpet in the bedrooms. The interior and exterior have been freshly painted, and a new composition shingle roof has been installed. While the original build year is 1960, the comprehensive updates, particularly in the kitchen and bathrooms, meet current quality standards with no visible deferred maintenance, aligning perfectly with an 'excellent' condition rating.
Year Built
1960
Close
-
List price
$719K
Original List price
$775K
Price/Sqft
$353
HOA
-
Days on market
-
Sold On
-
MLS number
CV25242623
Home ConditionExcellent
Features
Good View: Mountain(s)
Deck
Pool
Patio
ViewMountain(s)
About this home
Wonderful updated single level home near UCR. The interior of the home features new kitchen cabinets, quartz counter tops and new plumbing fixtures. The kitchen also features a new stainless steel look dish washer, stove and microwave. New vinyl flooring and base molding in the entry, kitchen, family room, bathrooms and hallway. The four bedrooms have new carpet. All three bathrooms have new cabinets with quartz counter tops, with new sinks and faucets. There is a large bonus room which could be used as a fifth bedroom or possibly an ADU conversion ( Check with City Building and Planning ). LED lighting in hallway. Interior of home has been painted along with the exterior. The home has a newly installed and permitted composition shingle roof. The oversized backyard has ample deck and patio space along with a large built in pool. Ideal location in Belvedere Heights and within walking distance to UCR.
Condition Rating
Excellent
This property has undergone an extensive and recent renovation, making it virtually new in all key areas. The kitchen features new white shaker cabinets, quartz countertops, modern black hardware, and new stainless steel appliances, presenting a contemporary and high-quality finish. All three bathrooms are similarly updated with new vanities, quartz countertops, modern fixtures, and lighting. New vinyl plank flooring runs throughout the main living areas and bathrooms, complemented by new carpet in the bedrooms. The interior and exterior have been freshly painted, and a new composition shingle roof has been installed. While the original build year is 1960, the comprehensive updates, particularly in the kitchen and bathrooms, meet current quality standards with no visible deferred maintenance, aligning perfectly with an 'excellent' condition rating.
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 = 15681, living area = 2037.
Extensive Modern Updates: The property boasts comprehensive recent renovations including a new kitchen with quartz countertops and stainless steel appliances, updated bathrooms, new flooring, and fresh paint, offering a move-in ready experience.
Versatile Bonus Room with ADU Potential: A large bonus room provides flexibility for an additional bedroom or the significant value-add opportunity of an Accessory Dwelling Unit (ADU) conversion, subject to city approval.
Desirable Outdoor Living with Pool: An oversized backyard featuring a built-in pool and ample deck/patio space creates an attractive environment for recreation and entertaining, enhancing lifestyle appeal.
Strategic Proximity to UCR: Its ideal location in Belvedere Heights, within walking distance to the University of California, Riverside, offers strong appeal for academics, students, or rental investors.
New Roof & Scenic Views: The recent installation of a permitted composition shingle roof ensures long-term structural integrity, complemented by desirable mountain views.
Cons
History of Price Reductions: Multiple price adjustments from the original listing price suggest potential initial overpricing or a challenge in attracting buyers at the initial valuation, which may raise buyer questions.
Older Core Structure (1960): Despite extensive cosmetic updates, the home's 1960 build year may imply underlying older systems (e.g., plumbing, electrical beyond fixtures) that were not explicitly mentioned as upgraded and could require future attention.
Unspecified Cooling System: The description does not mention the presence or condition of a central air conditioning system, which is a critical amenity for comfort in Riverside's warm climate and could be a future expense for buyers.