6473 Capistrano Way, Riverside, California 92504, Riverside, 92504 - 4 bed, 2 bath

6473 Capistrano Way, Riverside, California 92504 home-pic-0
ACTIVE$628,900
6473 Capistrano Way, Riverside, California 92504
4Beds
2Baths
1,524Sqft
6,534Lot

Price Vs. Estimate

The estimated value ($628,900) is $0 (0%) lower than the list price ($628,900). This property may be overpriced.

Key pros and cons

Top Pros:
Recent Major Updates: The property benefits from significant recent investments including new exterior paint, a new roof, and a newer A/C unit, reducing immediate maintenance concerns for a buyer.
Top Cons:
Overpriced Relative to Market Value: The current listing price of $628,900 is notably higher than the estimated property value of $588,603, potentially deterring buyers seeking fair market value.

Compared to the nearby listings

Price:$628.9K vs avg $629.5K ($-550)50%
Size:1,524 sqft vs avg 1,586.5 sqft46%
Price/sqft:$413 vs avg $41251%

More Insights

Built in 1963 (62 years old).
Condition: Built in 1963, the property shows its age in several interior aspects. The kitchen features dated tile countertops, traditional white cabinets, and an older built-in oven and cooktop. Carpets in the bedrooms and on the stairs appear worn and dated. While there are significant recent updates such as a new roof, new exterior paint, a newer A/C unit, and solar panels, these primarily address the exterior and major systems. The interior, particularly the kitchen and flooring, requires cosmetic updates to align with current styles and standards, placing it in the 'fair' category.
Year Built
1963
Close
-
List price
$629K
Original List price
$655K
Price/Sqft
$413
HOA
-
Days on market
-
Sold On
-
MLS number
IV25095708
Home ConditionFair
Features
Patio
View-

About this home

Family needed for this Beautiful and Charming 2 story home near Central Avenue in Riverside. This home features Bamboo flooring downstairs and a wood burning fireplace in the living room. In the kitchen there is a breakfast nook, built-in Dishwasher and built-in Oven. There are 2 bedrooms and 1 bath downstairs, first floor and two bedrooms and 1 bath at the upstairs, second floor. Outside there is new exterior paint and a new roof. There is also a newer A/C unit. This home also has a Solar Panel system. In the back yard you will enjoy the covered patio, lawn area, and established fruit trees. This home is conveniently located near shops, restaurants, parks and schools.

Nearby schools

4/10
Mountain View Elementary School
Public,PK-60.3mi
6/10
Pachappa Elementary School
Public,PK-61.6mi
4/10
Washington Elementary School
Public,K-62.4mi
5/10
Alcott Elementary School
Public,K-62.9mi
4/10
Sierra Middle School
Public,7-80.3mi
2/10
Central Middle School
Public,7-82.1mi
3/10
Chemawa Middle School
Public,7-82.3mi
4/10
Matthew Gage Middle School
Public,7-82.3mi
5/10
Ramona High School
Public,9-121.2mi
7/10
Polytechnic High School
Public,9-122.6mi
5/10
Arlington High School
Public,9-123.1mi
Condition Rating
Fair

Built in 1963, the property shows its age in several interior aspects. The kitchen features dated tile countertops, traditional white cabinets, and an older built-in oven and cooktop. Carpets in the bedrooms and on the stairs appear worn and dated. While there are significant recent updates such as a new roof, new exterior paint, a newer A/C unit, and solar panels, these primarily address the exterior and major systems. The interior, particularly the kitchen and flooring, requires cosmetic updates to align with current styles and standards, placing it in the 'fair' category.
Pros & Cons

Pros

Recent Major Updates: The property benefits from significant recent investments including new exterior paint, a new roof, and a newer A/C unit, reducing immediate maintenance concerns for a buyer.
Energy Efficiency: Equipped with a Solar Panel system, the home offers substantial long-term savings on electricity bills and contributes to environmental sustainability.
Functional Floor Plan: The two-story layout with a split bedroom/bathroom configuration (2 beds/1 bath downstairs, 2 beds/1 bath upstairs) provides versatility for various family needs or guest accommodation.
Enhanced Outdoor Living: The backyard features a covered patio, a lawn area, and established fruit trees, creating an attractive and usable space for relaxation and entertaining.
Convenient Location: The home is conveniently located near shops, restaurants, parks, and schools, enhancing daily convenience and overall lifestyle for residents.

Cons

Overpriced Relative to Market Value: The current listing price of $628,900 is notably higher than the estimated property value of $588,603, potentially deterring buyers seeking fair market value.
Age of Home: Built in 1963, despite some recent updates, the property's underlying age may imply potential for older systems or components not explicitly mentioned as updated (e.g., plumbing, electrical).
Lack of Desirable Views: The property description explicitly states 'view:None,' which could be a disadvantage in a competitive market where scenic views often command a premium.

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