3420 Comer Avenue, Riverside, California 92507, Riverside, 92507 - 2 bed, 1 bath

3420 Comer Avenue, Riverside, California 92507 home-pic-0
ACTIVE$480,000
3420 Comer Avenue, Riverside, California 92507
2Beds
1Bath
720Sqft
3,485Lot

Price Vs. Estimate

The estimated value ($412,728.255) is $67,271.745 (14%) lower than the list price ($480,000). This property may be overpriced.

Key pros and cons

Top Pros:
Affordable Single-Family Home: Priced under $500,000, this property offers a rare opportunity to own a single-family home at a price point often associated with condos, making it highly attractive to first-time buyers or those seeking value.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3485, other record lot size in square feet = 2613.

Compared to the nearby listings

Price:$480.0K vs avg $650.0K ($-170,000)5%
Size:720 sqft vs avg 1,854 sqft1%
Price/sqft:$667 vs avg $36498%

More Insights

Built in 1926 (99 years old).
Condition: The property, built in 1926, has undergone recent cosmetic updates including fresh paint, new laminate flooring throughout, and a remodeled kitchen with granite countertops and a tiled backsplash. While these updates make the home move-in ready, the kitchen still features an older-style range, and there are no images or details provided for the bathroom. The significant age of the property (1926) suggests that major systems (plumbing, electrical, HVAC) are likely outdated or nearing the end of their lifespan, despite the cosmetic improvements. The absence of a mentioned cooling system is also a notable weakness for the region. These factors prevent it from reaching a 'Good' score, as a truly 'Good' property would have more comprehensively updated major systems or be a much newer build.
Year Built
1926
Close
-
List price
$480K
Original List price
$480K
Price/Sqft
$667
HOA
-
Days on market
-
Sold On
-
MLS number
PW25273329
Home ConditionFair
Features
Patio
View-

About this home

Cute Spanish style home awaits its new owners! Welcome to Riverside which is close to charming downtown, UCR, and the famous Mission Inn! Freshly painted inside and out, remodeled kitchen with granite countertops with tiled backsplash, large dining room, laminate floors throughout and "man-cave" garage! The large picture window in the front makes lots of light. There is plenty of parking in the front and drive, which boasts a new security fence with gate, as well as a covered carport. Nice front grassy area for the kids to play, too! Don't miss out on the opportunity to own a single-family home for a condo price under $500,000!

Price History

Date
Event
Price
05/01/98
Sold
$54,000
04/06/16
Sold
$200,000
09/26/03
Sold
$135,000
Condition Rating
Fair

The property, built in 1926, has undergone recent cosmetic updates including fresh paint, new laminate flooring throughout, and a remodeled kitchen with granite countertops and a tiled backsplash. While these updates make the home move-in ready, the kitchen still features an older-style range, and there are no images or details provided for the bathroom. The significant age of the property (1926) suggests that major systems (plumbing, electrical, HVAC) are likely outdated or nearing the end of their lifespan, despite the cosmetic improvements. The absence of a mentioned cooling system is also a notable weakness for the region. These factors prevent it from reaching a 'Good' score, as a truly 'Good' property would have more comprehensively updated major systems or be a much newer build.
Pros & Cons

Pros

Affordable Single-Family Home: Priced under $500,000, this property offers a rare opportunity to own a single-family home at a price point often associated with condos, making it highly attractive to first-time buyers or those seeking value.
Recent Renovations & Updates: The home boasts fresh interior and exterior paint, a remodeled kitchen with granite countertops and tiled backsplash, and laminate flooring throughout, providing a move-in ready experience.
Prime Riverside Location: Strategically located close to charming downtown Riverside, the University of California, Riverside (UCR), and the iconic Mission Inn, offering convenience and access to local amenities and attractions.
Charming Spanish Architectural Style: The 'cute Spanish style home' offers unique architectural character and curb appeal, appealing to buyers looking for a home with distinctive charm.
Enhanced Parking & Security: Features include plenty of front and drive parking, a new security fence with a gate, and a covered carport, adding practical value and peace of mind for homeowners.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3485, other record lot size in square feet = 2613.
Age of Construction: Built in 1926, the property's age may imply potential for older infrastructure (e.g., plumbing, electrical) and ongoing maintenance requirements not explicitly detailed in the description.
Compact Interior Space: With only 720 sqft, the home offers limited living space, which might not accommodate larger families or those desiring more expansive rooms and storage.
Absence of Mentioned HVAC System: The description does not specify the presence of a cooling system, which could be a significant concern for comfort during Riverside's hot summer months, especially for an older home.

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