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18561 Bert Road, Riverside, California 92508, Riverside, 92508 - 4 bed, 2 bath

18561 Bert Road, Riverside, California 92508 home-pic-0
ACTIVE$900,000
18561 Bert Road, Riverside, California 92508
4Beds
2Baths
2,226Sqft
46,174Lot
Year Built
1977
Close
-
List price
$900K
Original List price
$950K
Price/Sqft
$404
HOA
-
Days on market
-
Sold On
-
MLS number
IG25032490
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 50% below the list price. We found 3 Cons,6 Pros. Rank: price - $900.0K(83th), sqft - 2226(32th), beds - 4(50th), baths - 2(18th).

Welcome to your dream home 18561 Bert Road located in the prestigious community of WoodCrest in Riverside! Nestled on over an acre of land adorned with mature trees, this ranch-style residence offers a serene and spacious retreat. Boasting 2,226 square feet of elegantly remodeled living space, this home features four bedrooms, two fully remodeled bathrooms, a family room and formal living room perfect for comfortable living. Enjoy the benefits of paid-off solar panels and a newly remodeled interior with high-end appliances. The open kitchen is a chef's delight, highlighted by quartz countertops and a quartz-finished fireplace, making it the heart of the home. The primary bedroom comes complete with a remodeled ensuite bathroom, ensuring a private sanctuary for relaxation. Step outside to a large alumina patio cover equipped with ceiling fans, ideal for outdoor entertaining. The property also includes new insulated garage doors with new motors and fully finished garage with recessed lighting. With an electric gate for added security that opens up to the long sweeping driveway. Experience the freedom of no HOA and low taxes, with ample space for your own livestock, whether it be chickens or horses. The property also boasts a couple of mature orange trees, adding a touch of rustic charm. With central air conditioning to keep you cool during warm summer months, this home is truly a slice of paradise. Don’t miss the opportunity to own this exquisite property in WoodCrest, Riverside! Property is TENANT occupied.

Condition Rating
Excellent
The property, built in 1977, has undergone a recent and extensive high-quality renovation, aligning with the 'extensively renovated within 5 years' criteria. The interior features new, modern light wood-look laminate flooring, fresh paint, and recessed lighting throughout. The kitchen is fully updated with dark gray cabinetry, white quartz countertops and backsplash, and high-end stainless steel appliances (Bosch double oven, large built-in refrigerator, gas cooktop, wine fridge). Both bathrooms are completely remodeled with modern vanities, vessel sinks, illuminated mirrors, and walk-in showers with contemporary tiling and fixtures. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance.
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 = 46174, living area = 2226.
Expansive & Usable Lot: Nestled on over an acre (46,174 sqft) in the prestigious WoodCrest community, this property offers a serene, spacious retreat with mature trees, fruit trees, and ample space for livestock, appealing to buyers seeking a rural lifestyle.
Extensive Modern Renovation: The 2,226 sqft ranch-style residence boasts a newly remodeled interior with high-end appliances, quartz countertops, a quartz-finished fireplace, and two fully remodeled bathrooms, providing a modern and elegant living space.
Cost-Saving Features: The property benefits from paid-off solar panels, no HOA fees, and low property taxes, significantly reducing ongoing ownership costs for the buyer.
Enhanced Security & Privacy: An electric gate and a long sweeping driveway provide added security and a heightened sense of privacy, contributing to a desirable living environment.
Excellent Outdoor & Garage Amenities: A large alumina patio cover with ceiling fans is perfect for outdoor entertaining, complemented by a fully finished garage with new insulated doors and recessed lighting, adding significant value and utility.

Cons

Significant Valuation Discrepancy: The property's estimated value of $444,237.1 is substantially lower than the current listing price of $900,000, indicating potential overpricing or a disconnect with current market valuations.
Tenant Occupied Status: The property is currently tenant-occupied, which can complicate the sales process, including scheduling showings, inspections, and potentially delaying possession for owner-occupant buyers.
Property Age: Built in 1977, the home is older, which despite recent renovations, might raise concerns for some buyers regarding potential long-term maintenance or the need for future updates beyond the current scope.

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