4080 Rice Road, Riverside, California 92506, Riverside, 92506 - 2 bed, 2 bath

4080 Rice Road, Riverside, California 92506 home-pic-0

Price Vs. Estimate

The estimated value ($727,259.06) is $77,269.06 (11%) higher than the list price ($649,990). This property may be underpriced.

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 = 7841, living area = 1879.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1879, other record living area = 1631.

Compared to the nearby listings

Price:$650.0K vs avg $734.0K ($-84,010)28%
Size:1,879 sqft vs avg 2,016 sqft40%
Price/sqft:$346 vs avg $38423%

More Insights

Built in 1953 (73 years old).
Condition: Despite being built in 1953, this property has undergone an extensive and recent renovation, meeting the 'extensively renovated within 5 years' criteria. The description highlights a 'fully remodeled kitchen' with brand-new cabinetry, quartz countertops, and backsplash, along with 'fully remodeled bathrooms.' Key systems like the HVAC, tankless water heater, and plumbing have all been replaced with 'brand new' components. The images confirm a modern, virtually new aesthetic and condition throughout the interior, including the kitchen, bathrooms, and flooring. There is no visible deferred maintenance, and all components appear to meet current quality standards.
Year Built
1953
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$346
HOA
-
Days on market
-
Sold On
-
MLS number
IG26012579
Home ConditionExcellent
Features
Good View: Mountain(s), Neighborhood
Deck
ViewMountain(s), Neighborhood

About this home

Welcome to this Beautifully Updated, Custom-Built Home located in one of Riverside’s most sought-after historic neighborhoods of the Wood Streets. This Stunning Single-Story Home offers the ideal balance of Timeless Craftsmanship and contemporary comfort, and located just minutes from Downtown Riverside, major hospitals, dining, shopping, and Entertainment. Elevated slightly above the street for added privacy with a level yard, this home truly impresses with a classic combination of brick & board/batten exterior. With just under 1,900 SF of living space, you are greeted with Lots of NATURAL LIGHT, with an Open & Spacious Floorplan that is truly an Entertainers Delight. The heart of the home is the FULLY REMODELED KITCHEN, now featuring Brand-New Cabinetry, sleek Quartz Countertops, and a matching Quartz Backsplash, accompanied by HARDWOOD FLOORING that flows throughout. The home’s layout and architectural details truly sets it apart. The formal living room showcases a charming window seat and a classic wood-burning fireplace that is backed to the secondary gas-lit Fireplace in the Family Room. The Expansive family room has copious amounts of storage with built-in shelving, media center, and dual built-in desks. The gorgeous sliding glass doors open up the home into the outside surrounded by lush green privacy that is the great for those who love an indoor-outdoor lifestyle. The bedrooms are generously sized and 2 bathrooms have both been fully remodeled. The primary bedroom comes with elegant french doors that open up to the nicely shaded patio. The home also has an ALL NEW TANKLESS WATER HEATER, BRAND NEW HVAC System, and ALL NEW PLUMBING re-piped throughout. The oversized backyard offers exceptional versatility, featuring a New Patio Cover with large deck for gatherings, outdoor dining, or hosting events. The detached two-car garage is spacious and comes with an adjacent, separate-entry laundry room. This garage is a great opportunity for ADU Conversion if so desired. The driveway extends all the way to the street and has a wrought-iron gate for added security. This home comes with NO HOA & NO MELLO-ROOS, keeping long-term ownership costs low. Every inch of this home has been thoughtfully updated while preserving its historic charm. This Home has only been on the market a couple times in over 75 years. Don't miss this rare opportunity to call this Home Yours!

R
Robert Mendez
Listing Agent

Price History

Date
Event
Price
07/09/97
Sold
$143,000
03/12/19
Sold
$430,000
06/29/04
Sold
$352,000
Condition Rating
Excellent

Despite being built in 1953, this property has undergone an extensive and recent renovation, meeting the 'extensively renovated within 5 years' criteria. The description highlights a 'fully remodeled kitchen' with brand-new cabinetry, quartz countertops, and backsplash, along with 'fully remodeled bathrooms.' Key systems like the HVAC, tankless water heater, and plumbing have all been replaced with 'brand new' components. The images confirm a modern, virtually new aesthetic and condition throughout the interior, including the kitchen, bathrooms, and flooring. There is no visible deferred maintenance, and all components appear to meet current quality standards.
Pros & Cons

Pros

Cons

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