4061 Maplewood Pl, Riverside, California 92506, Riverside, 92506 - 3 bed, 3 bath

4061 Maplewood Pl, Riverside, California 92506 home-pic-0
ACTIVE$819,900
4061 Maplewood Pl, Riverside, California 92506
3Beds
3Baths
1,555Sqft
8,276Lot

Price Vs. Estimate

The estimated value ($773,813.05) is $46,086.95 (5%) lower than the list price ($819,900). 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 = 1555.
Top Cons:
Absence of Cooling System Mention: The property description does not mention the presence of a cooling system (e.g., central AC), which could be a significant drawback and comfort concern during warmer months in California.

Compared to the nearby listings

Price:$819.9K vs avg $728.8K (+$91,075)64%
Size:1,555 sqft vs avg 1,935 sqft29%
Price/sqft:$527 vs avg $38690%

More Insights

Built in 1953 (72 years old).
Condition: This property, despite being built in 1953, has undergone an extensive and very recent renovation, bringing its condition to an excellent standard. The kitchen features new stainless steel appliances, sleek two-tone cabinetry, modern quartz countertops, and contemporary lighting, all appearing virtually new. Both bathrooms have been tastefully renovated with modern vanities and fixtures. Seamless laminate flooring runs throughout the home, and recessed lighting provides a fresh, updated feel. The exterior also shows recent updates with fresh paint, new windows, and a newly built deck. The overall quality, style, and features meet current standards with no visible deferred maintenance, aligning with the criteria for an 'excellent' rating for a recently renovated property.
Year Built
1953
Close
-
List price
$820K
Original List price
$830K
Price/Sqft
$527
HOA
-
Days on market
-
Sold On
-
MLS number
PW25215361
Home ConditionExcellent
Features
Deck
Patio
View-

About this home

Welcome to 4061 Maplewood Pl in the desirable Wood Streets neighborhood. This remodeled single-family home blends timeless charm with modern smart updates. The inviting living room features a cozy fireplace and seamless laminate flooring. The updated kitchen offers stainless steel appliances, sleek cabinetry, and ample counter space. Both bathrooms have been tastefully renovated with contemporary vanities and fixtures. Spacious bedrooms provide abundant natural light and storage, plus a versatile bonus room ideal for an office, playroom, or guestroom. A newly built deck overlooks a private backyard perfect for outdoor living. A standout feature is the 900 sq. ft. detached structure with conditional approved permits for a 2 bed/2 bath ADU with its own address—an excellent opportunity for a rental unit, guest house, or a second home. Ideal for first-time buyers, investors, or those seeking flexible space and long-term value.

Nearby schools

6/10
Pachappa Elementary School
Public,PK-60.6mi
5/10
Alcott Elementary School
Public,K-61.8mi
5/10
Bryant Elementary School
Public,K-62.1mi
2/10
Central Middle School
Public,7-80.8mi
4/10
Sierra Middle School
Public,7-81.2mi
7/10
Polytechnic High School
Public,9-121.6mi
5/10
Ramona High School
Public,9-122.0mi
Condition Rating
Excellent

This property, despite being built in 1953, has undergone an extensive and very recent renovation, bringing its condition to an excellent standard. The kitchen features new stainless steel appliances, sleek two-tone cabinetry, modern quartz countertops, and contemporary lighting, all appearing virtually new. Both bathrooms have been tastefully renovated with modern vanities and fixtures. Seamless laminate flooring runs throughout the home, and recessed lighting provides a fresh, updated feel. The exterior also shows recent updates with fresh paint, new windows, and a newly built deck. The overall quality, style, and features meet current standards with no visible deferred maintenance, aligning with the criteria for an 'excellent' rating for a recently renovated property.
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 = 1555.
ADU Development Potential: A significant 900 sq. ft. detached structure with conditional approved permits for a 2 bed/2 bath ADU offers exceptional value for rental income, a guest house, or multi-generational living.
Extensive Modern Renovation: The home has undergone a comprehensive remodel, featuring an updated kitchen with stainless steel appliances, sleek cabinetry, tastefully renovated bathrooms, and modern smart updates throughout, ensuring a move-in ready experience.
Desirable Neighborhood: Located in the 'desirable Wood Streets neighborhood,' indicating a sought-after area known for its charm and community appeal.
Versatile Interior Space: Beyond the spacious bedrooms, a versatile bonus room provides flexibility for an office, playroom, or guestroom, catering to diverse lifestyle needs.
Enhanced Outdoor Living: A newly built deck and private backyard create an ideal setting for outdoor entertaining and relaxation, adding to the property's lifestyle appeal.

Cons

Absence of Cooling System Mention: The property description does not mention the presence of a cooling system (e.g., central AC), which could be a significant drawback and comfort concern during warmer months in California.
Age of Original Structure: Built in 1953, despite extensive remodels, the underlying original structure may still present potential concerns regarding older infrastructure (e.g., plumbing, electrical) that might not have been fully updated.
Lack of Scenic Views: The property explicitly states 'View: None,' indicating an absence of desirable scenic views, which can be a preference for some buyers and impact perceived value.

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