6979 Palm Court 228i, Riverside, California 92506, Riverside, 92506 - 2 bed, 2 bath

6979 Palm Court 228i, Riverside, California 92506 home-pic-0
ACTIVE$275,000
6979 Palm Court 228i, Riverside, California 92506
2Beds
2Baths
1,234Sqft
1,307Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Spacious & Flexible Layout: A generous 1235 sqft floor plan with three bedrooms, including a versatile third bedroom that can easily convert to a large private office or an open living area.
Top Cons:
High Monthly Association Fee: The $505.0 monthly association fee is substantial and could be a significant ongoing expense for potential buyers.

Compared to the nearby listings

Price:$275.0K vs avg $395.0K ($-120,000)13%
Size:1,234 sqft vs avg 1,234 sqft50%
Price/sqft:$223 vs avg $3216%

More Insights

Built in 1959 (66 years old).
Condition: Despite being built in 1959, this condo unit has undergone significant recent updates, including new wood flooring, dual-pane windows, central A/C, a newer water heater, and a modernized kitchen with granite countertops, newly painted cabinets, a new dishwasher, and a new refrigerator. These updates make the property move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria. While bathroom details are not explicitly provided, the overall renovation effort suggests a well-maintained unit.
Year Built
1959
Close
-
List price
$275K
Original List price
$275K
Price/Sqft
$223
HOA
$505
Days on market
-
Sold On
-
MLS number
PW25162990
Home ConditionGood
Features
Deck
View-

About this home

Popular Magnolia Palm Condo Complex. Assigned Underground Parking with an Extra Storage Room. The Unit is on the 2nd Floor in Building I which is Located off Arlington Ave, with Security Gate. Large Floor Plan with 1235 SQFT. Three Bedrooms & Two Baths. The 3rd Bedroom can be easily converted to a Large private Office or an Open Living Area. New Wood Flooring off Dinning & Hallway. Dual Pane Windows throughout. Kitchen has Granite Counter Top, Stove Top Oven, New Dishwasher, Newly Painted Cabinets, Central A/C, Newer Water Heater, New Refrigerator. Each Bedroom has Ceiling Fan & Lights. Spacious Outdoor Balcony & Its overlooking the Courtyard.

Condition Rating
Good

Despite being built in 1959, this condo unit has undergone significant recent updates, including new wood flooring, dual-pane windows, central A/C, a newer water heater, and a modernized kitchen with granite countertops, newly painted cabinets, a new dishwasher, and a new refrigerator. These updates make the property move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria. While bathroom details are not explicitly provided, the overall renovation effort suggests a well-maintained unit.
Pros & Cons

Pros

Spacious & Flexible Layout: A generous 1235 sqft floor plan with three bedrooms, including a versatile third bedroom that can easily convert to a large private office or an open living area.
Modernized Kitchen: The kitchen boasts granite countertops, newly painted cabinets, a new dishwasher, and a new refrigerator, providing a contemporary and functional space.
Enhanced Comfort & Efficiency: Features central A/C, dual-pane windows throughout, new wood flooring in dining and hallway, and ceiling fans in each bedroom, contributing to comfort and energy savings.
Secure & Convenient Amenities: Includes assigned underground parking with an extra storage room and a security-gated building, offering convenience and peace of mind.
Private Outdoor Balcony: A spacious outdoor balcony overlooking the courtyard provides a pleasant and private area for relaxation.

Cons

High Monthly Association Fee: The $505.0 monthly association fee is substantial and could be a significant ongoing expense for potential buyers.
Building Age: Built in 1959, the building is over 60 years old, which may suggest potential for older infrastructure and future maintenance considerations for the complex.
Limited Views: The property description indicates 'view: None' and a balcony overlooking a courtyard, suggesting a lack of expansive or scenic external views beyond the immediate complex.

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