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4721 Somerset, Riverside, California 92507, Riverside, 92507 - 4 bed, 2 bath

4721 Somerset, Riverside, California 92507 home-pic-0
ACTIVE$849,900
4721 Somerset, Riverside, California 92507
4Beds
2Baths
2,056Sqft
10,890Lot

Price Vs. Estimate

The estimated value ($713,788.385) is $136,111.615 (16%) lower than the list price ($849,900). 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 = 10890, living area = 2056.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2056, other record living area = 1456.

Compared to the nearby listings

Price:$849.9K vs avg $652.9K (+$196,965)93%
Size:2,056 sqft vs avg 1,854 sqft63%
Price/sqft:$413 vs avg $36469%

More Insights

Built in 1927 (98 years old).
Condition: Built in 1927, this property retains significant vintage charm, but its core components, particularly the kitchen and bathrooms, show signs of being outdated. The kitchen features original cabinetry and tiled countertops/backsplash, which, despite a contemporary dishwasher, are not modern. The main bathroom's distinct turquoise/teal and purple tiling, pedestal sink, and vintage fixtures suggest updates that are likely 15-30+ years old or designed to maintain a period look rather than modernize. The absence of central air conditioning is a notable functional drawback. While well-maintained, the property requires minor updates to meet current aesthetic and comfort standards.
Year Built
1927
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$413
HOA
-
Days on market
-
Sold On
-
MLS number
IV25266078
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood

About this home

Welcome to your dream home set on prestigious Somerset Drive, a historically charming street known for its rich character and stunning architectural styles. This beautiful four-bedroom, two-bathroom timeless Tudor-style residence offers a unique blend of vintage charm and modern convenience, making it the ideal setting for families and individuals alike. Upon entering, you are greeted by the captivating charm of original features that define this home, including intricate woodwork, arched doorways, rich lighting fixtures and beautiful hardwood floors. The inviting living room serves as the heart of the home, where a grand fireplace becomes the focal point—a perfect spot to gather around on chilly evenings. Large, sun-drenched windows not only illuminate the space but also provide picturesque views of the beautifully landscaped front yard. The spacious kitchen is a delightful fusion of classic design and modern convenience. Featuring original cabinetry, updated countertops, and a suite of contemporary appliances, this kitchen is perfect for anyone who loves to cook and entertain. An adjoining dining area offers a perfect setting for family meals, creating an ideal flow for hosting dinner parties or casual gatherings with friends. This home boasts four generous bedrooms, providing plenty of space for family, guests, or a home office. The two bathrooms are tastefully updated, combining vintage charm with modern fixtures that enhance the overall aesthetic of the home. Set on a 10,890 sq ft lot with landscaped yard and patio, it offers space for entertaining, gardening, or future ADU potential. Beyond the property, the location is unbeatable, located just steps from the Victoria Country Club. With convenient access to major freeways, commuting is a breeze, making it easy to explore all that the surrounding areas have to offer. Within minutes, you can indulge in a variety of restaurants, cafes, and shops, as well as local parks and recreational facilities. This property is a perfect canvas awaiting your personal touch. Don’t miss this rare opportunity to own a piece of architectural history while enjoying all the comforts of contemporary living!

Price History

Date
Event
Price
03/28/02
Sold
$215,000
Condition Rating
Fair
Built in 1927, this property retains significant vintage charm, but its core components, particularly the kitchen and bathrooms, show signs of being outdated. The kitchen features original cabinetry and tiled countertops/backsplash, which, despite a contemporary dishwasher, are not modern. The main bathroom's distinct turquoise/teal and purple tiling, pedestal sink, and vintage fixtures suggest updates that are likely 15-30+ years old or designed to maintain a period look rather than modernize. The absence of central air conditioning is a notable functional drawback. While well-maintained, the property requires minor updates to meet current aesthetic and comfort standards.
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 = 10890, living area = 2056.
Prime & Convenient Location: Situated on prestigious Somerset Drive, steps from Victoria Country Club, with excellent freeway access and proximity to amenities including restaurants, shops, and parks.
Historic Tudor Architecture & Character: A timeless 1927 Tudor-style home boasting unique vintage charm, original features, intricate woodwork, arched doorways, rich lighting, and beautiful hardwood floors.
Spacious Lot with ADU Potential: Generous 10,890 sq ft lot featuring a landscaped yard, patio, and significant potential for future expansion or an Accessory Dwelling Unit (ADU).
Tastefully Updated Interior Spaces: Features tastefully updated bathrooms with modern fixtures and a kitchen blending classic design with updated countertops and contemporary appliances.
Charming & Functional Living Areas: Includes an inviting living room with a grand fireplace, large sun-drenched windows, and four generous bedrooms, offering comfortable living.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2056, other record living area = 1456.
Potential for Age-Related System Updates: As a 1927 build, despite cosmetic updates, the property may have original infrastructure (e.g., plumbing, electrical, insulation) that could require significant investment for modernization or efficiency improvements.
Absence of Central Air Conditioning: The description does not mention a cooling system, which could be a significant comfort concern and potential expense for buyers in California's climate.
Limited Bathroom Count for Bedroom Size: With four bedrooms and only two bathrooms, the property's bathroom-to-bedroom ratio might be a functional limitation for larger families or those seeking more modern conveniences.

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