4495 Mt Vernon Avenue, Riverside, California 92507, Riverside, 92507 - 5 bed, 3 bath

4495 Mt Vernon Avenue, Riverside, California 92507 home-pic-0
ACTIVE$798,000
4495 Mt Vernon Avenue, Riverside, California 92507
5Beds
3Baths
2,273Sqft
20,909Lot

Price Vs. Estimate

The estimated value ($690,161.545) is $107,838.455 (13%) lower than the list price ($798,000). 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 = 20909, living area = 2273.
Top Cons:
Recent Price Adjustments: Multiple price reductions from the original listing price may indicate market resistance or initial overpricing, potentially affecting buyer perception.

Compared to the nearby listings

Price:$798.0K vs avg $652.9K (+$145,065)87%
Size:2,273 sqft vs avg 1,854 sqft76%
Price/sqft:$351 vs avg $35845%

More Insights

Built in 1995 (30 years old).
Condition: The property, built in 1995, is 29 years old. While the listing describes a 'remodeled kitchen' and 'tastefully upgraded bathrooms,' the visual evidence suggests these renovations are stylistically dated, likely 15-20+ years old. The kitchen features oak cabinetry, granite countertops, granite tile flooring, and a dated fluorescent light box. One bathroom shows some upgrades with busy tile work and a vessel sink, but another bathroom clearly has a basic, non-upgraded tub/shower combo and an oak vanity, contradicting the description of 'each bathroom' being upgraded. A significant weakness is the noted absence of a cooling system, which is a major comfort consideration in Riverside. The home appears well-maintained but requires minor updates to modernize the aesthetics and a major installation for a cooling system.
Year Built
1995
Close
-
List price
$798K
Original List price
$810K
Price/Sqft
$351
HOA
-
Days on market
-
Sold On
-
MLS number
IV25237110
Home ConditionFair
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

Beautiful Spacious Home Near UCR available now. Welcome to this charming, spacious home located in a quiet, desirable neighborhood near the University of California, Riverside. Situated on a generous 20,909 sq. ft. lot, this residence offers 5 bedrooms, 3 bathrooms, and a 3-car garage, providing both comfort and convenience for a growing family. The remodeled kitchen features granite countertops, a large wet island, double ovens, granite tile flooring, and abundant custom cabinetry for storage. The living room offers warm ambiance with an Indian marble fireplace, while the enclosed sunroom provides versatile space ideal for a home office or study area. Each bathroom has been tastefully upgraded with hand-selected marble and travertine tiles, custom shower doors and fixtures, and a luxurious jacuzzi tub. Step outside to a beautifully maintained backyard, complete with multiple fruit trees, vinyl fencing, and two spacious storage sheds. There’s ample parking, with room for an RV, vans, or additional vehicles. Conveniently located within walking distance to UCR and the Riverside STEM Academy, and offering easy access to the 215, 60, and 91 Freeways, this home combines comfort with accessibility. Nearby, enjoy Costco, Sam’s Club, Target, Lowe’s, shopping centers, restaurants, and medical facilities—all just a short drive away.

Condition Rating
Fair

The property, built in 1995, is 29 years old. While the listing describes a 'remodeled kitchen' and 'tastefully upgraded bathrooms,' the visual evidence suggests these renovations are stylistically dated, likely 15-20+ years old. The kitchen features oak cabinetry, granite countertops, granite tile flooring, and a dated fluorescent light box. One bathroom shows some upgrades with busy tile work and a vessel sink, but another bathroom clearly has a basic, non-upgraded tub/shower combo and an oak vanity, contradicting the description of 'each bathroom' being upgraded. A significant weakness is the noted absence of a cooling system, which is a major comfort consideration in Riverside. The home appears well-maintained but requires minor updates to modernize the aesthetics and a major installation for a cooling system.
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 = 20909, living area = 2273.
Strategic Location: The property boasts an excellent location near UCR, Riverside STEM Academy, major freeways (215, 60, 91), and a wide array of shopping centers, restaurants, and medical facilities.
Modernized Interior: Features a fully remodeled kitchen with granite countertops, a large wet island, double ovens, and abundant custom cabinetry, complemented by tastefully upgraded bathrooms with marble, travertine, and a luxurious jacuzzi tub.
Generous Lot Size: Situated on a substantial 20,909 sq. ft. lot, providing ample outdoor space, privacy, and a beautifully maintained backyard with fruit trees.
Ample Parking & Storage: Includes a 3-car garage, significant space for RVs, vans, or additional vehicles, and two spacious storage sheds, catering to diverse needs.
Versatile Living Spaces: Offers 5 bedrooms, 3 bathrooms, 2273 sqft of living space, and an enclosed sunroom perfect for a home office or study area, enhancing functionality.

Cons

Recent Price Adjustments: Multiple price reductions from the original listing price may indicate market resistance or initial overpricing, potentially affecting buyer perception.
Absence of Cooling System: The property description does not mention a cooling system (e.g., central air conditioning), which is a significant comfort consideration in Riverside's warm climate.
Property Age Considerations: Built in 1995, the property's age suggests that some major systems (e.g., roof, HVAC if present) might be nearing their expected lifespan, potentially requiring future maintenance or upgrades.

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