3640 Nelson Street, Riverside, California 92506, Riverside, 92506 - 3 bed, 1 bath
ACTIVE$590,000
3640 Nelson Street, Riverside, California 92506
3Beds
1Bath
1,202Sqft
6,534Lot
Price Vs. Estimate
The estimated value ($336,347.69) is $253,652.31 (42%) lower than the list price ($590,000). This property may be overpriced.
Key pros and cons
Top Pros:
Desirable Location: Situated in the heart of Riverside’s sought-after Magnolia Center, offering a desirable neighborhood with strong community appeal.
Top Cons:
Limited Bathroom Count: The property features only one bathroom for three bedrooms, which may be a functional limitation for families or multiple occupants compared to market expectations.
Compared to the nearby listings
Price:$590.0K vs avg $727.6K ($-137,597)20%
Size:1,202 sqft vs avg 1,935 sqft13%
Price/sqft:$491 vs avg $38686%
More Insights
Built in 1952 (73 years old).
Condition: This 1952-built home has undergone extensive and high-quality renovations, particularly in the kitchen and bathroom, which feature modern white shaker cabinets, black granite countertops, stainless steel appliances, and updated fixtures. Engineered hardwood flooring flows throughout, and plantation shutters are on every window, contributing to a fresh, move-in ready condition. While the visible updates are excellent and appear recent, the property's age (1952) and the lack of explicit details on the age of all major systems (like HVAC, roof, plumbing, electrical beyond fixtures) prevent it from meeting the 'Excellent' criteria of being built within 10 years or extensively renovated within 5 years across all components. It is, however, a very strong 'Good' due to its well-maintained state and significant modern upgrades.
Year Built
1952
Close
-
List price
$590K
Original List price
$580K
Price/Sqft
$491
HOA
-
Days on market
-
Sold On
-
MLS number
SW25117250
Home ConditionGood
Features
Patio
View-
About this home
Welcome to 3640 Nelson Street, a delightful 3 bedroom, 1 bathroom home in the heart of Riverside’s sought-after community of Magnolia Center. This beautiful and well maintained home sits on a generous 6,534 sq ft lot and offers a perfect blend of classic charm and modern comfort. Inside you are welcomed by engineered hardwood flooring which flows throughout the home, plantation shutter on every window, and many other little touches that make this house a home. The beautiful updated kitchen is a show stopper with white shaker cabinet, black granite countertops, and stainless steel appliances. The backyard presents itself as a great space to unwind with a covered patio, huge shade tree, and well producing plum and pomegranate trees that add that extra bonus. Don’t miss the opportunity to own this charming home in a desirable Riverside neighborhood.
Condition Rating
Good
This 1952-built home has undergone extensive and high-quality renovations, particularly in the kitchen and bathroom, which feature modern white shaker cabinets, black granite countertops, stainless steel appliances, and updated fixtures. Engineered hardwood flooring flows throughout, and plantation shutters are on every window, contributing to a fresh, move-in ready condition. While the visible updates are excellent and appear recent, the property's age (1952) and the lack of explicit details on the age of all major systems (like HVAC, roof, plumbing, electrical beyond fixtures) prevent it from meeting the 'Excellent' criteria of being built within 10 years or extensively renovated within 5 years across all components. It is, however, a very strong 'Good' due to its well-maintained state and significant modern upgrades.
Pros & Cons
Pros
Desirable Location: Situated in the heart of Riverside’s sought-after Magnolia Center, offering a desirable neighborhood with strong community appeal.
Updated Kitchen: The kitchen has been beautifully updated with white shaker cabinets, black granite countertops, and stainless steel appliances, presenting a modern and attractive focal point.
Enhanced Interior Finishes: The home features engineered hardwood flooring throughout and plantation shutters on every window, contributing to a cohesive and upgraded interior aesthetic.
Well-Maintained Property: Described as a 'beautiful and well maintained home,' indicating a property that has been cared for and is in good condition, blending classic charm with modern comfort.
Generous Outdoor Space: The property boasts a generous 6,534 sq ft lot with a covered patio, a huge shade tree, and well-producing plum and pomegranate trees, ideal for outdoor relaxation and entertaining.
Cons
Limited Bathroom Count: The property features only one bathroom for three bedrooms, which may be a functional limitation for families or multiple occupants compared to market expectations.
Significant Price Discrepancy: The listing price of $590,000 is substantially higher than the provided estimation value of $336,347.69, suggesting a potential overvaluation or a need for a current market appraisal.
Potential for Outdated Systems: Built in 1952, while having charm, the property description does not mention updates to major systems like HVAC (specifically air conditioning), plumbing, or electrical, which could lead to future maintenance or upgrade costs.