20944 Spring Street, Riverside, California 92507, Riverside, 92507 - 5 bed, 4 bath
ACTIVE$729,000
20944 Spring Street, Riverside, California 92507
5Beds
4Baths
2,521Sqft
10,454Lot
Price Vs. Estimate
The estimated value ($729,000) is $0 (0%) lower than the list price ($729,000). This property may be overpriced.
Key pros and cons
Top Pros:
Modern & Spacious Living: Built in 2018, this home offers a contemporary open-concept floor plan, 5 bedrooms, 4 bathrooms, and 2,521 sqft, including a convenient downstairs bedroom with full bath and an upstairs loft for flexible living.
Top Cons:
Recent Price Adjustment: The list price has been reduced from $748,000 to $729,000, which may indicate initial overpricing or extended market time, potentially raising buyer questions.
Compared to the nearby listings
Price:$729.0K vs avg $652.9K (+$76,065)73%
Size:2,521 sqft vs avg 1,854 sqft84%
Price/sqft:$289 vs avg $35817%
More Insights
Built in 2018 (7 years old).
Condition: This property was built in 2018, making it only 6 years old, which falls well within the 'Excellent' condition criteria for properties built within 10 years. The description highlights modern features such as an open concept floor plan, quartz countertops, an island, Whirlpool appliances (gas range, dishwasher), and a master suite with dual sinks and a separate tub and shower. These details indicate that all components are new or virtually new, meeting current quality standards with minimal physical depreciation. While interior images are not provided, the age and detailed description of modern amenities strongly support an excellent condition rating.
Year Built
2018
Close
-
List price
$729K
Original List price
$748K
Price/Sqft
$289
HOA
-
Days on market
-
Sold On
-
MLS number
CV25142256
Home ConditionExcellent
Features
Good View: Mountain(s)
ViewMountain(s)
About this home
This two-story home offers an open concept floor plan and a convenient downstairs bedroom with full bath. Open to the great room, the kitchen is outfitted with quartz countertops, an island, a pantry, and Whirlpool appliances, including a gas range and dishwasher. Upstairs, the loft is the perfect space to catch up with family or enjoy a movie night with friends. The master suite features a walk-in closet, dual sinks, and a separate tub and shower.
Condition Rating
Excellent
This property was built in 2018, making it only 6 years old, which falls well within the 'Excellent' condition criteria for properties built within 10 years. The description highlights modern features such as an open concept floor plan, quartz countertops, an island, Whirlpool appliances (gas range, dishwasher), and a master suite with dual sinks and a separate tub and shower. These details indicate that all components are new or virtually new, meeting current quality standards with minimal physical depreciation. While interior images are not provided, the age and detailed description of modern amenities strongly support an excellent condition rating.
Pros & Cons
Pros
Modern & Spacious Living: Built in 2018, this home offers a contemporary open-concept floor plan, 5 bedrooms, 4 bathrooms, and 2,521 sqft, including a convenient downstairs bedroom with full bath and an upstairs loft for flexible living.
Upgraded Kitchen: The kitchen is well-appointed with quartz countertops, a functional island, a pantry, and modern Whirlpool appliances, including a gas range, catering to culinary needs.
Generous Lot Size: A substantial 10,454 sqft lot provides ample outdoor space, offering significant potential for landscaping, entertainment areas, or other personalized amenities.
Desirable Master Suite: The master suite features a walk-in closet, dual sinks, and a separate tub and shower, providing a private and luxurious retreat for homeowners.
Scenic Mountain Views: The property benefits from mountain views, enhancing its aesthetic appeal and offering a tranquil backdrop.
Cons
Recent Price Adjustment: The list price has been reduced from $748,000 to $729,000, which may indicate initial overpricing or extended market time, potentially raising buyer questions.
Undeveloped Outdoor Potential: Despite the large lot, the description does not specify existing outdoor amenities (e.g., pool, extensive landscaping), suggesting additional investment may be required to fully utilize the space.
Potential for Higher Ongoing Costs: As a newer construction (2018), property taxes may be higher due to recent assessment, and the absence of HOA information means potential buyers should verify if additional monthly fees apply.