5983 Jones Avenue, Riverside, California 92505, Riverside, 92505 - 3 bed, 2 bath
ACTIVE$630,000
5983 Jones Avenue, Riverside, California 92505
3Beds
2Baths
1,333Sqft
7,841Lot
Price Vs. Estimate
The estimated value ($293,058.71) is $336,941.29 (53%) lower than the list price ($630,000). 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 = 7841, living area = 1333.
Top Cons:
Significant Overpricing: The listing price of $630,000 is substantially higher than the estimated property value of approximately $293,058, indicating a potential overvaluation of 53%.
Compared to the nearby listings
Price:$630.0K vs avg $638.5K ($-8,500)48%
Size:1,333 sqft vs avg 1,497.5 sqft34%
Price/sqft:$473 vs avg $42669%
More Insights
Built in 1981 (44 years old).
Condition: The property, built in 1981, has undergone significant recent renovations that elevate its condition to 'Good'. The kitchen and hall bathroom are 'newly remodeled' with modern dark cabinetry, light countertops, subway tile backsplash, stainless steel appliances, and a farmhouse sink in the kitchen, and a modern vanity and tiled shower with glass enclosure in the bathroom. The roof and A/C heating unit were replaced just two years ago, ensuring major systems are functional and within their expected lifespan. Updated tile and laminate flooring are present throughout. While the master bathroom was only 'partially' remodeled and the exterior 'just needs some paint,' these are minor considerations given the extensive and recent updates to critical areas, making the home move-in ready with minimal immediate renovation required.
Year Built
1981
Close
-
List price
$630K
Original List price
$630K
Price/Sqft
$473
HOA
-
Days on market
-
Sold On
-
MLS number
IG25139131
Home ConditionGood
Features
Patio
View-
About this home
Great For First Time Home Buyers. Spacious 3 bedroom, 2 Bath With Newly Remodeled Kitchen, Hall Bathroom and Part Of Master Bathroom. Tile Throughout And Laminate Flooring In Bedrooms. Roof And A/C Heating Unit Replaced 2 Years Ago. Large Lot with Many Fruit Trees In the Backyard. Front Covered Porch and Rear Aluminum Patio Cover. Just Need Some Exterior Paint. Home Located Near Schools And A Few Miles From Tyler Mall, 91 Fwy And Kaiser Permanente Hospital. RV Parking And A Lot OF Space For Other Vehicles/Boat. Fireplace Recently Remodeled. Professional Pictures To Follow On 06/21/25
Condition Rating
Good
The property, built in 1981, has undergone significant recent renovations that elevate its condition to 'Good'. The kitchen and hall bathroom are 'newly remodeled' with modern dark cabinetry, light countertops, subway tile backsplash, stainless steel appliances, and a farmhouse sink in the kitchen, and a modern vanity and tiled shower with glass enclosure in the bathroom. The roof and A/C heating unit were replaced just two years ago, ensuring major systems are functional and within their expected lifespan. Updated tile and laminate flooring are present throughout. While the master bathroom was only 'partially' remodeled and the exterior 'just needs some paint,' these are minor considerations given the extensive and recent updates to critical areas, making the home move-in ready with minimal immediate renovation required.
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 = 7841, living area = 1333.
Newly Remodeled Interiors: The kitchen, hall bathroom, and part of the master bathroom have been newly remodeled, along with a recently remodeled fireplace, offering modern and updated living spaces.
Recent Major System Upgrades: The roof and A/C heating unit were replaced just two years ago, providing peace of mind regarding significant maintenance expenses for the new owner.
Spacious Lot & Outdoor Features: The property boasts a large 7,841 sqft lot with numerous fruit trees, a front covered porch, and a rear aluminum patio cover, enhancing outdoor living and potential.
Ample Parking & RV Access: Significant space for RV parking and other vehicles/boats is available, a valuable asset for buyers with recreational vehicles or multiple cars.
Convenient Location: Strategically located near schools, Tyler Mall, the 91 Freeway, and Kaiser Permanente Hospital, offering excellent accessibility and convenience for daily needs.
Cons
Significant Overpricing: The listing price of $630,000 is substantially higher than the estimated property value of approximately $293,058, indicating a potential overvaluation of 53%.
Exterior Cosmetic Needs: The property description explicitly states it 'Just Need Some Exterior Paint,' suggesting an immediate cosmetic expense for the buyer.
Delayed Professional Marketing: Professional pictures are noted to follow on 06/21/25, which means the current online presentation may not fully showcase the property's best features, potentially impacting initial buyer interest.