7360 Ayers Rock Road, Riverside, California 92508, Riverside, 92508 - 3 bed, 2 bath
ACTIVE$599,000
7360 Ayers Rock Road, Riverside, California 92508
3Beds
2Baths
1,344Sqft
4,792Lot
Year Built
1996
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$446
HOA
$125
Days on market
-
Sold On
-
MLS number
IG25062820
Home ConditionFair
Features
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 29% below the list price. We found 3 Cons,5 Pros. Rank: price - $599.0K(5th), sqft - 1344(5th), beds - 3(23th), baths - 2(18th).
BEAUTIFUL 3 BEDROOM 2 BATH SINGLE STORY HOME IN MISSION GROVE!!! This beautiful 3 Bedroom 2 Bathroom Single Family Home is located in the beautiful Mission Grove Community. This home features:1,344 square feet of living space, new paint and new laminate flooring. It also has an attached two car garage. A park and volleyball area are just some of the great amenities this HOA has to offer. This home is also Conveniently located near many great restaurants, retail shopping stores, a brand new grocery store, and much more!!!
Condition Rating
Fair
The property, built in 1996, is well-maintained and features recent cosmetic updates such as new paint and new laminate flooring, making the main living areas feel fresh. However, the kitchen and bathrooms, while clean and functional, exhibit dated styles with older white appliances, traditional light wood cabinetry, and original-era tile work and fixtures. These areas would likely require minor updates to meet current aesthetic standards, aligning with the 'Fair' condition criteria where major components are functional but show signs of being outdated.
Pros & Cons
Pros
Single-Story Design: The desirable single-story layout offers convenience and accessibility, appealing to a broad range of buyers.
Recent Interior Updates: New paint and laminate flooring provide a move-in ready condition, minimizing immediate renovation costs for the buyer.
Community Amenities: Access to HOA amenities, including a park and volleyball area, enhances lifestyle and recreational opportunities within the community.
Convenient Location: The property is conveniently located near various restaurants, retail shopping, and a new grocery store, offering excellent access to daily necessities and entertainment.
Attached Two-Car Garage: An attached two-car garage provides practical parking and additional storage space, a valuable feature for homeowners.
Cons
Significant Overpricing: The current list price of $599,000 is substantially higher than the estimated property value of $423,906.81, indicating a potential overvaluation compared to market data.
Smaller Living Space: At 1,344 square feet, the property offers less living space compared to several recently sold and active comparable properties in the immediate area, potentially impacting its competitive appeal.
Ongoing HOA Dues: The monthly HOA fee of $125, while contributing to community amenities, represents an additional recurring cost for the homeowner.