8564 Mill Pond, Riverside, California 92508, Riverside, 92508 - 5 bed, 6 bath
ACTIVE$1,095,000
8564 Mill Pond, Riverside, California 92508
5Beds
6Baths
4,142Sqft
13,504Lot
Year Built
2003
Close
-
List price
$1.09M
Original List price
$1.09M
Price/Sqft
$264
HOA
$62
Days on market
-
Sold On
-
MLS number
AR25271878
Home ConditionGood
Features
View
About this home
Possibly Over-Priced:The estimated price is 3% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.09M(95th), sqft - 4142(97th), beds - 5(61th), baths - 6(99th).
Numerous upgrades require in-person viewing. This property is walking distance to the highly rated MLK High School, Amelia Jr High, and JFK Elementary School. Conveniently located close to UC Riverside, shopping, a community park, 91 and 215 freeways, low taxes, and low HOA.
Nearby schools
7/10
John F. Kennedy Elementary School
Public,•K-6•0.2mi
8/10
Benjamin Franklin Elementary School
Public,•K-6•0.8mi
7/10
Mark Twain Elementary School
Public,•K-6•1.0mi
8/10
Tomas Rivera Elementary School
Public,•K-6•1.4mi
6/10
Mead Valley Elementary School
Public,•K-5•3.2mi
3/10
Chaparral Hills Elementary School
Public,•K-5•5.9mi
7/10
Amelia Earhart Middle School
Public,•7-8•1.2mi
7/10
Frank Augustus Miller Middle School
Public,•7-8•1.5mi
4/10
Tomas Rivera Middle School
Public,•6-8•4.3mi
3/10
Badger Springs Middle School
Public,•6-8•5.7mi
9/10
Martin Luther King Jr. High School
Public,•9-12•0.6mi
6/10
Citrus Hill High School
Public,•9-12•2.6mi
5/10
Moreno Valley High School
Public,•9-12•4.8mi
Price History
Date
Event
Price
12/06/25
Listing
$1,095,000
05/05/23
Sold
$875,000
07/15/02
Sold
$345,500
Condition Rating
Good
The property was built in 2003, making it 21 years old, which aligns with the 'Good' category for age. The listing mentions 'numerous upgrades,' suggesting the home is well-maintained and move-in ready. The exterior image shows a well-kept property with no visible signs of disrepair. However, without interior images, particularly of the kitchen and bathrooms, it's impossible to assess the specific condition, style, and features of these key areas, or the recency and extent of the 'upgrades.' Based on the age and general description, it's likely to have functional, well-maintained systems, but a higher score cannot be justified without visual confirmation of interior quality and modern updates.
Pros & Cons
Pros
Great Schools: High School: Martin Luther King Jr. High School (9/10).
Exceptional School Access: The property is within walking distance to highly-rated schools including Martin Luther King Jr. High (9/10), Amelia Earhart Middle (7/10), and John F. Kennedy Elementary (7/10), making it highly attractive for families.
Generous Space & Layout: Boasting a substantial 4142 sqft of living space with 5 bedrooms and 6 bathrooms, complemented by a large 13,504 sqft lot, this property offers ample room for comfortable living and entertaining.
Strategic Location & Connectivity: Conveniently located close to UC Riverside, diverse shopping centers, a community park, and major freeways (91 and 215), ensuring excellent accessibility and amenities.
Favorable Financials: The property benefits from low property taxes and a low Homeowners Association (HOA) fee of $62, contributing to more affordable ongoing ownership costs.
Enhanced Property Value: The description highlights 'numerous upgrades' and the property 'has_view: true', indicating significant investment and desirable features that enhance its overall appeal and potential value.
Cons
Unspecified Upgrades: While 'numerous upgrades' are mentioned, the lack of specific details in the description requires an in-person viewing to assess their quality and extent, which could create uncertainty for potential buyers.
Rapid Price Appreciation: The current list price of $1,095,000 represents a significant increase from its last sale at $875,000 in May 2023, which may prompt questions about market justification and potential overpricing without explicit details of the upgrades.
Undefined MLS Area: The 'MLS Area: 699 - Not Defined' could complicate comparative market analysis for agents and buyers, making it challenging to accurately benchmark against similar properties within a specific sub-market.