RealKey
‪(213) 433-7766‬

4530 Watkins Drive, Riverside, California 92507, Riverside, 92507 - 3 bed, 2 bath

4530 Watkins Drive, Riverside, California 92507 home-pic-0
ACTIVE$739,000
4530 Watkins Drive, Riverside, California 92507
3Beds
2Baths
1,756Sqft
27,443Lot

Price Vs. Estimate

The estimated value ($630,369.485) is $108,630.515 (14%) lower than the list price ($739,000). This property may be overpriced.

Key pros and cons

Top Pros:
Spacious & Functional Layout: This two-story home offers a generous 4 bedrooms and 3 bathrooms with a functional layout designed for both everyday living and entertaining, appealing to families.
Top Cons:
Significant Price Reductions: The property has undergone multiple price reductions from an original list price of $799,000 to $739,000, which may indicate initial overpricing or market resistance.

Compared to the nearby listings

Price:$739.0K vs avg $652.9K (+$86,065)74%
Size:1,756 sqft vs avg 1,854 sqft47%
Price/sqft:$421 vs avg $36472%

More Insights

Built in 1995 (30 years old).
Condition: The property was built in 1995, making it 29 years old. While it appears well-maintained with some updated elements like stainless steel kitchen appliances and laminate flooring in main areas, the kitchen features dated tile countertops and an old fluorescent light fixture. The bathrooms are not clearly pictured, but the overall aesthetic suggests they are likely original or have had only minor cosmetic updates. The ceiling fans in bedrooms and living areas also appear dated. These factors indicate the home is aged but maintained, requiring minor updates to bring it to modern standards, aligning with a 'fair' condition score.
Year Built
1995
Close
-
List price
$739K
Original List price
$799K
Price/Sqft
$421
HOA
-
Days on market
-
Sold On
-
MLS number
CV25191176
Home ConditionFair
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

Welcome to Watkins Drive in Riverside! This beautifully maintained two-story home offers 4 bedrooms and 3 bathrooms with a spacious and functional layout designed for both everyday living and entertaining. The inviting living areas are filled with natural light, creating a warm and comfortable atmosphere throughout. The kitchen provides ample cabinet space and a convenient design that flows easily into the dining and living areas. The property sits on an expansive lot with mature fruit trees and a large storage barn, creating endless possibilities for gardening, hobbies, or additional storage needs. A 3-car garage provides generous parking and utility space for vehicles, tools, or recreational equipment. Ideally located in a desirable Riverside neighborhood, the home is close to schools, parks, shopping, dining, and major freeways. With its combination of space, functionality, and outdoor amenities, this residence is a wonderful opportunity to enjoy Riverside living at its best. "Seller is motivated to sell; all reasonable offers will be considered."

Condition Rating
Fair
The property was built in 1995, making it 29 years old. While it appears well-maintained with some updated elements like stainless steel kitchen appliances and laminate flooring in main areas, the kitchen features dated tile countertops and an old fluorescent light fixture. The bathrooms are not clearly pictured, but the overall aesthetic suggests they are likely original or have had only minor cosmetic updates. The ceiling fans in bedrooms and living areas also appear dated. These factors indicate the home is aged but maintained, requiring minor updates to bring it to modern standards, aligning with a 'fair' condition score.
Pros & Cons

Pros

Spacious & Functional Layout: This two-story home offers a generous 4 bedrooms and 3 bathrooms with a functional layout designed for both everyday living and entertaining, appealing to families.
Expansive Outdoor Amenities: The property sits on an expansive 27,443 sqft lot featuring mature fruit trees and a large storage barn, providing ample space for gardening, hobbies, or additional storage.
Generous Parking & Utility: A 3-car garage offers substantial parking space and utility for vehicles, tools, or recreational equipment, a significant advantage for homeowners.
Desirable Location & Accessibility: Ideally located in a desirable Riverside neighborhood, the home provides convenient access to schools, parks, shopping, dining, and major freeways.
Mountain Views: The property benefits from desirable mountain views, enhancing its aesthetic appeal and potential resale value.

Cons

Significant Price Reductions: The property has undergone multiple price reductions from an original list price of $799,000 to $739,000, which may indicate initial overpricing or market resistance.
Potential Overpricing vs. Market Value: The current list price of $739,000 is notably higher than the estimated property value of $689,591, suggesting it may still be perceived as overvalued by automated systems.
Lack of Modern Updates: While described as 'beautifully maintained,' the listing lacks specific details on recent renovations or modern upgrades, particularly in key areas like the kitchen, which might not appeal to buyers seeking contemporary finishes.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state