2992 Date Street, Riverside, California 92507, Riverside, 92507 - 3 bed, 2 bath

2992 Date Street, Riverside, California 92507 home-pic-0
ACTIVE UNDER CONTRACT$565,000
2992 Date Street, Riverside, California 92507
3Beds
2Baths
924Sqft
8,276Lot

Price Vs. Estimate

The estimated value ($514,760.01) is $50,239.99 (8%) lower than the list price ($565,000). 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 = 8276, living area = 924.
Top Cons:
Compact Living Space: The interior living space is relatively small at 924 sqft for a 3-bedroom, 2-bathroom home, which may be a limiting factor for buyers seeking more expansive interiors.

Compared to the nearby listings

Price:$565.0K vs avg $650.0K ($-85,000)21%
Size:924 sqft vs avg 1,854 sqft4%
Price/sqft:$611 vs avg $36498%

More Insights

Built in 1929 (96 years old).
Condition: Despite being built in 1929, this property has undergone extensive and recent renovations, bringing it to an 'excellent' condition. The description explicitly states a 'remodeled kitchen' with 'Quartz counter tops,' 'laminate flooring throughout,' 'new exterior paint,' 'dual paned windows,' 'recessed lighting,' and crucially, 'all electrical has been upgraded' and 'all plumbing has been upgraded.' The images confirm a modern kitchen with grey shaker-style cabinets, stainless steel appliances, and an open concept. The bathroom also features a modern vanity, quartz countertop, contemporary fixtures, and updated tiling. These comprehensive updates mean the property meets current quality standards with virtually new components and no visible deferred maintenance, aligning perfectly with the 'excellent' criteria for a property extensively renovated within the last 5 years.
Year Built
1929
Close
-
List price
$565K
Original List price
$600K
Price/Sqft
$611
HOA
-
Days on market
-
Sold On
-
MLS number
DW25215524
Home ConditionExcellent
Features
Patio
View-

About this home

Wow! This is a must see and must have home in a lovely neighborhood of Riverside. This home features 3 bedrooms, 2 bathrooms, 924 living saft and 8,276 sqft lot. This home features a remodeled kitchen, Quartz counter tops, kitchen is open to the living room with chimney, laminate flooring throughout the home, new exterior paint, dual paned windows, recessed lighting, all electrical has been upgraded, all plumbing has been upgraded and a detached 2 car garage that has been converted into living space. The Backyard features back patio, garden beds, storage shed, and side gate access. Perfect for parties with family and friends to gather and enjoy. The location of this home is great just minutes away from the 91 freeway.

Condition Rating
Excellent

Despite being built in 1929, this property has undergone extensive and recent renovations, bringing it to an 'excellent' condition. The description explicitly states a 'remodeled kitchen' with 'Quartz counter tops,' 'laminate flooring throughout,' 'new exterior paint,' 'dual paned windows,' 'recessed lighting,' and crucially, 'all electrical has been upgraded' and 'all plumbing has been upgraded.' The images confirm a modern kitchen with grey shaker-style cabinets, stainless steel appliances, and an open concept. The bathroom also features a modern vanity, quartz countertop, contemporary fixtures, and updated tiling. These comprehensive updates mean the property meets current quality standards with virtually new components and no visible deferred maintenance, aligning perfectly with the 'excellent' criteria for a property extensively renovated within the last 5 years.
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 = 8276, living area = 924.
Extensive Modern Upgrades: The property boasts significant recent renovations including a remodeled kitchen with Quartz countertops, new laminate flooring, exterior paint, dual-paned windows, recessed lighting, and upgraded electrical and plumbing systems, offering a move-in ready condition.
Converted Detached Garage: A detached 2-car garage has been converted into additional living space, providing versatile options for a home office, guest area, or potential rental income, enhancing the property's utility.
Generous Lot Size & Outdoor Amenities: With an 8,276 sqft lot, the property offers ample outdoor space featuring a back patio, garden beds, storage shed, and side gate access, perfect for entertaining and outdoor enjoyment.
Desirable Location & Accessibility: Located in a 'lovely neighborhood of Riverside' and just minutes away from the 91 freeway, providing excellent commuter access and proximity to local conveniences.
Open Concept Living Area: The remodeled kitchen is open to the living room, featuring a chimney, which creates a modern, cohesive, and inviting space for daily living and entertaining.

Cons

Compact Living Space: The interior living space is relatively small at 924 sqft for a 3-bedroom, 2-bathroom home, which may be a limiting factor for buyers seeking more expansive interiors.
Overpriced Relative to Market Estimate: The current listing price of $565,000 is 8% higher than the estimated property value of $514,760.01, potentially indicating it is priced above current market expectations.
Age of Original Structure: Despite extensive upgrades, the home was originally built in 1929, meaning the underlying structure is nearly a century old, which could lead to potential long-term maintenance considerations not covered by recent renovations.

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