2998 Mary Street, Riverside, California 92506, Riverside, 92506 - 4 bed, 2 bath
ACTIVE$710,000
2998 Mary Street, Riverside, California 92506
4Beds
2Baths
1,910Sqft
13,939Lot
Price Vs. Estimate
The estimated value ($288,316.855) is $421,683.145 (59%) lower than the list price ($710,000). 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 = 13939, living area = 1910.
Top Cons:
Age of Property & Potential for Updates: Built in 1956, the property may require significant updates to systems, finishes, and overall modernization to meet contemporary buyer expectations.
Compared to the nearby listings
Price:$710.0K vs avg $727.6K ($-17,597)46%
Size:1,910 sqft vs avg 1,935 sqft49%
Price/sqft:$372 vs avg $38638%
More Insights
Built in 1956 (69 years old).
Condition: The property, built in 1956, is well-maintained and functional, but the interior aesthetics are significantly outdated. The kitchen features older oak-style cabinets and countertops, despite having some updated stainless steel appliances. The bathroom has dated wall treatments and flooring, with a basic vanity. While the home is move-in ready and appears structurally sound, it requires minor to moderate cosmetic updates, especially in the kitchen and bathrooms, to meet current buyer expectations and styles. This aligns with the 'fair' condition criteria of being aged but maintained, with functional major components showing signs of being outdated.
Year Built
1956
Close
-
List price
$710K
Original List price
$710K
Price/Sqft
$372
HOA
-
Days on market
-
Sold On
-
MLS number
DW25088192
Home ConditionFair
Features
Patio
View-
About this home
Welcome to 2998 Mary Street, a hidden treasure nestled in the heart of Riverside’s desirable Canyon Crest neighborhood. This classic California ranch-style home offers the perfect blend of comfort, character, and convenience. Set on a quiet, tree-lined street, this single-story residence boasts 4 spacious bedrooms, 2 bathrooms, and an expansive sq ft lot – ideal for entertaining, gardening, or simply enjoying the Southern California sunshine. The private backyard features mature fruit trees, a covered patio, and plenty of room to expand or add a pool. A detached 2-car garage and long driveway offer ample parking and ADU potential (buyer to verify).
Condition Rating
Fair
The property, built in 1956, is well-maintained and functional, but the interior aesthetics are significantly outdated. The kitchen features older oak-style cabinets and countertops, despite having some updated stainless steel appliances. The bathroom has dated wall treatments and flooring, with a basic vanity. While the home is move-in ready and appears structurally sound, it requires minor to moderate cosmetic updates, especially in the kitchen and bathrooms, to meet current buyer expectations and styles. This aligns with the 'fair' condition criteria of being aged but maintained, with functional major components showing signs of being outdated.
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 = 13939, living area = 1910.
Desirable Location: Nestled in the heart of Riverside’s desirable Canyon Crest neighborhood on a quiet, tree-lined street, offering a sought-after and peaceful living environment.
Expansive Lot & Outdoor Potential: A generous 13,939 sq ft lot with a private backyard, mature fruit trees, and a covered patio, providing ample space for entertaining, gardening, and room to expand or add a pool.
ADU Potential: The detached 2-car garage and long driveway offer significant potential for an Accessory Dwelling Unit (ADU), enhancing property value and offering flexible living options (buyer to verify).
Classic Ranch-Style Architecture: A classic California ranch-style home offering single-story living, appealing to a broad range of buyers seeking comfort and traditional character.
Ample Parking: A long driveway combined with a detached 2-car garage ensures abundant parking space for residents and guests.
Cons
Age of Property & Potential for Updates: Built in 1956, the property may require significant updates to systems, finishes, and overall modernization to meet contemporary buyer expectations.
Lack of Explicit Interior Upgrades: The description highlights character and comfort but does not detail recent interior renovations, suggesting potential for buyer investment in upgrades.
No Existing Pool or View: Despite the large lot, the property currently lacks a pool (though there's room to add one) and explicitly states 'view: None,' which might deter some buyers looking for immediate luxury amenities or scenic vistas.