16065 Porter Avenue, Riverside, California 92504, Riverside, 92504 - 3 bed, 3 bath
ACTIVE$780,000
16065 Porter Avenue, Riverside, California 92504
3Beds
3Baths
2,326Sqft
21,780Lot
Price Vs. Estimate
The estimated value ($780,000) is $0 (0%) lower than the list price ($780,000). 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 = 21780, living area = 2326.
Top Cons:
Age of Property & Potential for Updates: Built in 1975, the home's age, coupled with the phrase 'ready for its next chapter,' suggests that significant updates to systems or aesthetics may be required.
Compared to the nearby listings
Price:$780.0K vs avg $630.0K (+$150,000)73%
Size:2,326 sqft vs avg 1,594.5 sqft74%
Price/sqft:$335 vs avg $41215%
More Insights
Built in 1975 (50 years old).
Condition: Built in 1975, this property is well-maintained but significantly dated in style and features. The kitchen showcases dark, older cabinets and countertops, while the bathrooms feature dated vanities, fixtures, and shower enclosures. Flooring is a mix of older tile, carpet, and some newer, basic laminate. Light fixtures are traditional, and popcorn ceilings are visible. The overall aesthetic suggests the home has not undergone a major renovation in several decades, aligning with the description's hint that it's 'ready for its next chapter' and the lack of a specified cooling system, indicating a need for substantial cosmetic and potential system updates.
Year Built
1975
Close
-
List price
$780K
Original List price
$833K
Price/Sqft
$335
HOA
-
Days on market
-
Sold On
-
MLS number
25597823
Home ConditionFair
Features
Good View: Mountain(s), Trees/Woods
Patio
ViewMountain(s), Trees/Woods
About this home
Special Offer: Seller is offering to cover all buyer closing costs, making this an incredible opportunity you don't want to miss. Single-story ranch-style home sits on a generous half-acre lot and offers the perfect blend of space, comfort, and opportunity. Featuring 3 bedrooms, 2 bathrooms, a bonus living room, and a separate den, this property provides plenty of room for a growing family.A detached barn with garage adds even more versatility, while rear lot access from both the front and back makes it ideal for parking RVs, boats, or trailers. The expansive backyard is perfect for entertaining, gardening, or creating your dream outdoor retreat.Located in a quiet Riverside neighborhood near schools, shopping, and commuter routes, this is the perfect family home ready for its next chapter.
Condition Rating
Fair
Built in 1975, this property is well-maintained but significantly dated in style and features. The kitchen showcases dark, older cabinets and countertops, while the bathrooms feature dated vanities, fixtures, and shower enclosures. Flooring is a mix of older tile, carpet, and some newer, basic laminate. Light fixtures are traditional, and popcorn ceilings are visible. The overall aesthetic suggests the home has not undergone a major renovation in several decades, aligning with the description's hint that it's 'ready for its next chapter' and the lack of a specified cooling system, indicating a need for substantial cosmetic and potential system updates.
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 = 21780, living area = 2326.
Financial Incentive: The seller is offering to cover all buyer closing costs, providing a significant financial advantage for prospective purchasers.
Expansive Lot & Outdoor Potential: Situated on a generous half-acre lot with an expansive backyard, offering ample space for entertaining, gardening, or creating a personalized outdoor retreat.
Versatile Additional Structures & Parking: Includes a detached barn with a garage and convenient rear lot access, ideal for parking RVs, boats, or trailers, adding significant utility and flexibility.
Ample Living Space & Functional Layout: A single-story ranch-style home featuring 3 bedrooms, 3 bathrooms, a bonus living room, and a separate den, providing extensive and versatile living areas.
Desirable Location & Views: Located in a quiet Riverside neighborhood with easy access to schools, shopping, and commuter routes, complemented by scenic mountain and trees/woods views.
Cons
Age of Property & Potential for Updates: Built in 1975, the home's age, coupled with the phrase 'ready for its next chapter,' suggests that significant updates to systems or aesthetics may be required.
Price Reductions: Multiple price reductions from the original list price indicate the property may have been initially overpriced or has faced challenges attracting buyers, potentially signaling a need for further investment or a competitive market.
Absence of Cooling System Mention: The property description does not specify the presence of a cooling system, which could be a significant drawback in Riverside's warm climate and may necessitate a new installation.