17470 Krameria Avenue, Riverside, California 92504, Riverside, 92504 - 3 bed, 2 bath

17470 Krameria Avenue, Riverside, California 92504 home-pic-0
ACTIVE$749,000
17470 Krameria Avenue, Riverside, California 92504
3Beds
2Baths
1,740Sqft
20,473Lot

Price Vs. Estimate

The estimated value ($447,924.03) is $301,075.97 (40%) lower than the list price ($749,000). 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 = 20473, living area = 1740.
Top Cons:
Significant Price Discrepancy: The listing price of $749,000 is considerably higher than the estimated property value of $447,924.03 and recent comparable sales, suggesting potential overpricing.

Compared to the nearby listings

Price:$749.0K vs avg $630.0K (+$119,000)72%
Size:1,740 sqft vs avg 1,594.5 sqft57%
Price/sqft:$430 vs avg $41258%

More Insights

Built in 1976 (49 years old).
Condition: The property, built in 1976, has undergone significant and recent interior renovations, particularly in the kitchen and bathrooms, which feature modern white shaker cabinets, granite/quartz countertops, stainless steel appliances, and updated flooring. The main living areas boast new-looking grey wood-look laminate flooring and fresh paint, contributing to a 'move-in ready' condition as described. While the exposed wood beam ceiling is original to the era, it is well-maintained and adds character. The only minor detractions are the older red carpet in the enclosed patio and the lack of explicit mention of an air conditioning system. Overall, the extensive updates align with a property extensively renovated within the last 5-15 years, making it a solid 'Good' condition.
Year Built
1976
Close
-
List price
$749K
Original List price
$765K
Price/Sqft
$430
HOA
-
Days on market
-
Sold On
-
MLS number
IV25120765
Home ConditionGood
Features
Good View: Hills
Spa
Patio
ViewHills

About this home

Back on the Market --- here is your second opportunity to own this unique home! Welcome to this move-in-ready, spacious 3-bedroom, 2-bathroom home, built in 1976, nestled on nearly half an acre of land in Riverside! With a generous 1,740 square feet of living space, this property offers the perfect blend of comfort, convenience, and ample room for both relaxation and creativity. Step inside to discover a large living room, a separate dining room, and a cozy family room with a fireplace, perfect for those cozy nights in. The family room flows seamlessly into the custom kitchen, which is beautifully designed to meet all your cooking needs. The kitchen comes fully equipped with modern appliances, all included in the sale, making it easy to move in and start enjoying the space right away. One of the standout features of this property is the expansive, fully enclosed patio, perfect for year-round outdoor enjoyment. The patio also includes a luxurious 4-5 person spa, ideal for unwinding after a long day or entertaining guests. For those who need space to work or create, this property also includes a massive 2,000+ sq ft workshop. The workshop is a true standout, offering five separate work areas and four entry points, making it an ideal space for hobbies, storage, working on large toys, or even running a home business. Whether you’re a craftsman, artist, or hobbyist, the possibilities are endless! This property is zoned agriculture, providing the opportunity to have horses, chickens, goats, and more. Buyers should check with the city for any specific restrictions to ensure their plans align with local regulations. With nearly half an acre of land, you’ll have plenty of outdoor space to explore, play, or relax. The home is in pristine, move-in-ready condition, ensuring a smooth transition for the new owner. Don’t miss your chance to own this unique property that offers both a beautiful home and a remarkable workshop space. Schedule a tour today!

Condition Rating
Good

The property, built in 1976, has undergone significant and recent interior renovations, particularly in the kitchen and bathrooms, which feature modern white shaker cabinets, granite/quartz countertops, stainless steel appliances, and updated flooring. The main living areas boast new-looking grey wood-look laminate flooring and fresh paint, contributing to a 'move-in ready' condition as described. While the exposed wood beam ceiling is original to the era, it is well-maintained and adds character. The only minor detractions are the older red carpet in the enclosed patio and the lack of explicit mention of an air conditioning system. Overall, the extensive updates align with a property extensively renovated within the last 5-15 years, making it a solid 'Good' condition.
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 = 20473, living area = 1740.
Massive Workshop Space: The property boasts a massive 2,000+ sq ft workshop with five separate work areas and four entry points, ideal for hobbies, storage, large toys, or a home business.
Agricultural Zoning & Large Lot: Situated on nearly half an acre of land (20,473 sq ft) with agricultural zoning, offering a unique opportunity for keeping horses, chickens, goats, and other animals.
Move-in Ready & Upgraded Kitchen: The home is described as 'move-in-ready' and features a custom kitchen fully equipped with modern appliances included in the sale, reducing immediate buyer expenses.
Expansive Enclosed Patio with Spa: An expansive, fully enclosed patio includes a luxurious 4-5 person spa, providing excellent year-round outdoor enjoyment and entertainment space.
Spacious Interior Layout: The 1,740 sq ft home offers a comfortable and functional layout with a large living room, separate dining room, and a cozy family room with a fireplace.

Cons

Significant Price Discrepancy: The listing price of $749,000 is considerably higher than the estimated property value of $447,924.03 and recent comparable sales, suggesting potential overpricing.
Age of Property: Built in 1976, the home is nearly 50 years old, which may indicate aging systems and potential for future maintenance or upgrade costs, despite being move-in ready.
Unspecified Cooling System: While a fireplace is mentioned, there is no explicit mention of an air conditioning system, which could be a significant drawback during warm months in Riverside.

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