4639 Edgewood Place, Riverside, California 92506, Riverside, 92506 - 2 bed, 1 bath

4639 Edgewood Place, Riverside, California 92506 home-pic-0
ACTIVE$565,000
4639 Edgewood Place, Riverside, California 92506
2Beds
1Bath
892Sqft
4,792Lot

Price Vs. Estimate

The estimated value ($296,937.475) is $268,062.525 (47%) lower than the list price ($565,000). This property may be overpriced.

Key pros and cons

Top Pros:
Fully Remodeled Kitchen: The kitchen has been completely updated with new cabinets, granite countertops, and a large peninsula, offering modern aesthetics and functionality.
Top Cons:
Significant Price Discrepancy: The current listing price of $565,000 is substantially higher than the estimated property value of $296,937.475, indicating a potential overpricing issue.

Compared to the nearby listings

Price:$565.0K vs avg $727.6K ($-162,597)14%
Size:892 sqft vs avg 1,935 sqft4%
Price/sqft:$633 vs avg $38696%

More Insights

Built in 1946 (79 years old).
Condition: Despite being built in 1946, this property has undergone extensive and recent renovations. The MLS description explicitly states a 'fully remodeled Kitchen and Bathroom' with 'all new cabinets' and 'beautiful granite,' which is visually confirmed by the modern, virtually new appearance of these areas in the images. The property also features 'newer vinyl plank flooring throughout' and a 'newer roof around 6yrs new.' These significant updates bring the property's condition to an excellent standard, meeting current quality and style expectations with minimal physical depreciation in key living spaces.
Year Built
1946
Close
-
List price
$565K
Original List price
$585K
Price/Sqft
$633
HOA
-
Days on market
-
Sold On
-
MLS number
IG25068534
Home ConditionExcellent
Features
View-

About this home

Charming Wood Street Home. This Lovely home has a fully remodeled Kitchen and Bathroom.. Nice OPEN floorplan with newer vinyl plank flooring throughout, all new cabinets in kitchen and bath, beautiful granite in kitchen with large peninsula. Also, a large Patio/bonus room that is fully drywalled with a closet/storage, being used as an office and laundry room. The roof is newer around . 6yrs new Come see this rare find

Nearby schools

6/10
Pachappa Elementary School
Public,PK-61.0mi
5/10
Bryant Elementary School
Public,K-62.0mi
5/10
Alcott Elementary School
Public,K-62.2mi
2/10
Central Middle School
Public,7-80.9mi
4/10
Sierra Middle School
Public,7-81.1mi
7/10
Polytechnic High School
Public,9-122.0mi
5/10
Ramona High School
Public,9-122.1mi
Condition Rating
Excellent

Despite being built in 1946, this property has undergone extensive and recent renovations. The MLS description explicitly states a 'fully remodeled Kitchen and Bathroom' with 'all new cabinets' and 'beautiful granite,' which is visually confirmed by the modern, virtually new appearance of these areas in the images. The property also features 'newer vinyl plank flooring throughout' and a 'newer roof around 6yrs new.' These significant updates bring the property's condition to an excellent standard, meeting current quality and style expectations with minimal physical depreciation in key living spaces.
Pros & Cons

Pros

Fully Remodeled Kitchen: The kitchen has been completely updated with new cabinets, granite countertops, and a large peninsula, offering modern aesthetics and functionality.
Fully Remodeled Bathroom: The bathroom has also undergone a full remodel with new cabinets, enhancing its appeal and usability.
Newer Roof: A relatively new roof (approximately 6 years old) provides peace of mind and reduces immediate maintenance concerns for a buyer.
Versatile Bonus Room: The property includes a drywalled patio/bonus room currently utilized as an office and laundry room, adding valuable flexible living space.
Updated Flooring & Open Floorplan: The home features newer vinyl plank flooring throughout and an open floorplan, contributing to a modern and spacious feel.

Cons

Significant Price Discrepancy: The current listing price of $565,000 is substantially higher than the estimated property value of $296,937.475, indicating a potential overpricing issue.
Limited Square Footage: At 892 square feet, the home offers relatively small living space, which may be a constraint for some buyers or families.
Single Bathroom: The property features only one bathroom, which could be a functional limitation and a less desirable feature for multiple occupants or guests.

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