6154 Goldenrod Lane, Riverside, California 92504, Riverside, 92504 - 2 bed, 2 bath

6154 Goldenrod Lane, Riverside, California 92504 home-pic-0
ACTIVE$610,000
6154 Goldenrod Lane, Riverside, California 92504
2Beds
2Baths
1,240Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($363,978.115) is $246,021.885 (40%) lower than the list price ($610,000). 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 = 7405, living area = 1240.
Top Cons:
Significant Overpricing: The current list price of $610,000 is substantially higher than the estimated value of $363,978, indicating a potential overvaluation of approximately 40%, which could deter buyers and prolong market time.

Compared to the nearby listings

Price:$610.0K vs avg $628.5K ($-18,500)43%
Size:1,240 sqft vs avg 1,586.5 sqft26%
Price/sqft:$492 vs avg $41282%

More Insights

Built in 1985 (40 years old).
Condition: Despite being built in 1985, this property has undergone extensive and recent renovations, making it 'Turn Key Ready.' The description explicitly states 'Extended renovations have recently been completed,' including new luxury waterproof vinyl flooring throughout. The kitchen is fully remodeled with new quartz counters, subway tile backsplash, new stainless steel appliances, undermount sink, and modern lighting. Both bathrooms feature new vanities, mirrors, and light fixtures, with the guest en suite boasting a stylish batten half wall. The exterior has also been freshly painted with upgraded lighting and new fencing. All visible components and described updates meet current quality standards, indicating minimal physical depreciation and no deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
Year Built
1985
Close
-
List price
$610K
Original List price
$620K
Price/Sqft
$492
HOA
-
Days on market
-
Sold On
-
MLS number
HD25102966
Home ConditionExcellent
Features
Deck
Pool
Patio
ViewNeighborhood

About this home

This Lovely Remodeled Home is Turn Key Ready for You! Including Two Primary Suites! Extended renovations have recently been completed. New Luxury Waterproof Vinyl Flooring throughout entire home. Bright and Airy Living Room with Vaulted Ceilings. Open Remodeled Kitchen featuring New Quartz Counters with Subway Title Backsplash, New Stainless Steel Appliances, Undermount Sink, Recessed and Drop Down Lighting, Pantry Addition, Eat In Banquette Seating, and a French Door that leads to the back grounds. Guest Suite has been freshly painted, including a ceiling fan, and Two separate closets. Guest En Suite has access to and from the Guest Bedroom and Living Area, with a Gorgeous Batten Half Wall, New Vanity, Mirror and Light Fixture. Primary Suite with ceiling fan, Glass Sliding Doors, and Two Seperate Closets. Primary En Suite with New Vanity, Mirror and Light Fixture. Enjoy Backyard Entertaining with Above Ground Pool including a Custom Refinished Deck large enough for your outdoor furniture and BBQ. Large Lot including Grass, Shade Tree, Extended Concrete, Outdoor TV, Dog Run, and New All Weather 7X7 Storage Shed. Front Yard features low maintance rock landscape with mulch and plants. 2 Car Attached Garage. Other updates include Full Exterior Paint, Upgraded Exterior Lighting, New Front Fencing, Thermastat, Interior Doors and MORE. Centrally Located near I-91 and I-60, Schools, Resturants, Shopping and Medical.

Nearby schools

4/10
Mountain View Elementary School
Public,PK-60.1mi
4/10
Sierra Middle School
Public,7-80.7mi
2/10
Central Middle School
Public,7-82.2mi
5/10
Ramona High School
Public,9-121.5mi
7/10
Polytechnic High School
Public,9-123.0mi
Condition Rating
Excellent

Despite being built in 1985, this property has undergone extensive and recent renovations, making it 'Turn Key Ready.' The description explicitly states 'Extended renovations have recently been completed,' including new luxury waterproof vinyl flooring throughout. The kitchen is fully remodeled with new quartz counters, subway tile backsplash, new stainless steel appliances, undermount sink, and modern lighting. Both bathrooms feature new vanities, mirrors, and light fixtures, with the guest en suite boasting a stylish batten half wall. The exterior has also been freshly painted with upgraded lighting and new fencing. All visible components and described updates meet current quality standards, indicating minimal physical depreciation and no deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
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 = 7405, living area = 1240.
Extensive Recent Renovations: The home is 'Turn Key Ready' with 'Extended renovations recently completed,' including new luxury waterproof vinyl flooring, full exterior paint, upgraded exterior lighting, new front fencing, thermostat, and interior doors, offering a modern and fresh appeal.
Remodeled Kitchen: Features an 'Open Remodeled Kitchen' with new quartz counters, subway tile backsplash, new stainless steel appliances, undermount sink, recessed and drop-down lighting, pantry, and banquette seating, providing a highly desirable and functional space.
Dual Primary Suites: The unique inclusion of 'Two Primary Suites' offers versatile living arrangements, enhanced privacy, and comfort for occupants or guests.
Enhanced Outdoor Living: The backyard is well-equipped for entertaining with an above-ground pool, a custom refinished deck, extended concrete, outdoor TV, a dog run, and a new storage shed, maximizing outdoor enjoyment.
Strategic Location: The property is 'Centrally Located near I-91 and I-60, Schools, Resturants, Shopping and Medical,' providing excellent convenience and accessibility to essential amenities and transportation.

Cons

Significant Overpricing: The current list price of $610,000 is substantially higher than the estimated value of $363,978, indicating a potential overvaluation of approximately 40%, which could deter buyers and prolong market time.
Property Age: Built in 1985, the home is 40 years old. While extensively remodeled, potential buyers may have concerns about the age of underlying systems (e.g., HVAC, plumbing, electrical infrastructure) not explicitly mentioned as updated.
Limited Bedroom Count: With only 2 bedrooms, the property may appeal to a smaller segment of the market, particularly families looking for more space, which could affect its marketability compared to 3+ bedroom homes in the area.

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