1747 Palermo, Riverside, California 92507, Riverside, 92507 - 5 bed, 3 bath
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1747 Palermo
Riverside, California 92507
ACTIVE
CONDITION: GOOD
5Beds
3Baths
2,012Sq Ft
2,614Lot Size
Property Price
LIST PRICE$600,000
EST. MARKET VALUE
$598,951
SUMMARY
This 5-bedroom Single Family Residence is a Strong Value Opportunity, listed at $600,000—positioned well below the $598,952 Fair Market Value by a negligible margin, reflecting a stable, market-aligned price. The property maintains a Good Condition Rating, featuring a functional open-concept layout and a private courtyard. While the lot size is compact, the high bedroom count provides rare versatility for larger households. This residence offers a balanced mix of modern utility and location, making it an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a move-in ready asset.
Estimated Market Value
$598,951
Based on Realkey algorithm analyzing recent comparable sales in Riverside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1747 Palermo Subject | $600,000* List Price | 5 | 3 | 2,012 | $298 | - |
A 1793 Agrigento Sold | $603,500 | 5 | 3 | 2,012 | $300 | 0.1 mi |
B 1785 Catania Pending | $549,500 List Price | 4 | 3 | 1,819 | $302 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2007 (19 years old), this property falls squarely into the 'Good' category. The home is well-maintained and move-in ready with functional systems. The interior features clean hardwood floors, neutral carpeting, and a functional kitchen with white cabinetry and a center island. While the finishes reflect the original build date, the overall condition shows no immediate need for major repairs.
PROSSTRENGTHS & OPPORTUNITIES
- High Bedroom Count
With 5 bedrooms, this property offers exceptional versatility for large families, multi-generational living, or dedicated home office spaces, which is rare for this square footage.
- Modern Construction & Layout
Built in 2007, the home features a contemporary open-concept living area, a functional kitchen with a center island, and a primary suite with a soaking tub, meeting modern buyer expectations.
- Enhanced Curb Appeal
The private front courtyard entrance creates an inviting and secure transition into the home, significantly boosting the property's aesthetic appeal and privacy.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2614, living area = 2012.
- Recently Sold Property
The property was recently sold within the past year on 2026-08-07. The sold price is $557,000.00.
About 1747 Palermo
1747 Palermo Dr is a two-story Riverside home built in 2007. The kitchen offers white cabinetry, a center island, and ample counter space for everyday functionality. An open living room with a fireplace serves as the main gathering space. The bedrooms offer comfortable retreats with neutral carpet, and the primary bathroom includes a soaking tub and a separate shower for everyday convenience. A private front courtyard entrance adds curb appeal, and a two-car garage completes this well-maintained residence. Included 100-Day Home Warranty with buyer activation
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2007
- Lot Size
- 2,614 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $200.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 2.3 |
| Square foot | 2,012 | 1,867.892 |
| Lot Size | 2,614 | 8,787.773 |
| Price | $600.0K | $692.3K |
| Price per sq ft | $298 | $386 |
| Built year | 2007 | 1980 |
| HOA | $200.0 | $151 |
| Days on market | 12 | 55 |
Pricing History
Listed for Sale
Aug 28, 2026
$600,000
Initial Listing
Sold
Aug 7, 2026
$557,000
Public Record
Sold
Sep 4, 2012
$170,000
Public Record
Sold
Apr 20, 2007
$430,000
Public Record