8641 Limestone Drive, Riverside, California 92504, Riverside, 92504 - 4 bed, 2 bath

8641 Limestone Drive, Riverside, California 92504 home-pic-0
ACTIVE$739,000
8641 Limestone Drive, Riverside, California 92504
4Beds
2Baths
1,568Sqft
6,970Lot

Price Vs. Estimate

The estimated value ($707,905.17) is $31,094.83 (4%) lower than the list price ($739,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Recent Renovations: The property boasts significant recent upgrades including new interior and exterior paint, a brand-new kitchen, and new flooring throughout, offering a fresh and modern living experience.
Top Cons:
Potential Overpricing: The listing price of $739,000 is notably higher than the estimated property value of $660,287, which may indicate it is currently overpriced relative to market estimations.

Compared to the nearby listings

Price:$739.0K vs avg $630.0K (+$109,000)70%
Size:1,568 sqft vs avg 1,586.5 sqft49%
Price/sqft:$471 vs avg $41277%

More Insights

Built in 1977 (48 years old).
Condition: Despite being built in 1977, the property has undergone extensive recent renovations, including a brand-new, modern kitchen with new cabinets, countertops, and stainless steel appliances. New flooring and fresh paint throughout the interior and exterior contribute to a virtually new feel. The visible areas meet current quality standards, indicating a move-in ready home with no deferred maintenance on the recently updated components.
Year Built
1977
Close
-
List price
$739K
Original List price
$739K
Price/Sqft
$471
HOA
-
Days on market
-
Sold On
-
MLS number
IV25221859
Home ConditionExcellent
Features
Pool
Spa
Patio
View-

About this home

WELCOME TO THIS BEAUTIFUL 4/2 POOL HOME! THE SELLER IS IN THE PROCESS OF REFRESHING BOTH THE INTERIOR AND EXTERIOR WITH NEW PAINT. YOU WILL ALSO ENJOY A BRAND-NEW KITCHEN, NEW FLOORING, AND RECENT UPGRADES THROUGHOUT. CONVENIENTLY LOCATED NEAR THE 91 FREEWAY, RIVERSIDE UNIVERSITY, AND THE COLLEGE, THIS HOME OFFERS BOTH COMFORT AND CONVENIENCE. IT WILL BE READY TO MOVE IN SOON AS THE SELLER COMPLETES THE FINAL TOUCHES. COME AND SEE THIS WONDERFUL PROPERTY BEFORE IT’S GONE!

Nearby schools

5/10
Hawthorne Elementary School
Public,PK-60.5mi
4/10
Liberty Elementary School
Public,PK-61.7mi
3/10
Chemawa Middle School
Public,7-81.0mi
5/10
Arlington High School
Public,9-120.6mi
Condition Rating
Excellent

Despite being built in 1977, the property has undergone extensive recent renovations, including a brand-new, modern kitchen with new cabinets, countertops, and stainless steel appliances. New flooring and fresh paint throughout the interior and exterior contribute to a virtually new feel. The visible areas meet current quality standards, indicating a move-in ready home with no deferred maintenance on the recently updated components.
Pros & Cons

Pros

Extensive Recent Renovations: The property boasts significant recent upgrades including new interior and exterior paint, a brand-new kitchen, and new flooring throughout, offering a fresh and modern living experience.
Private Pool Amenity: Features a desirable private pool, enhancing lifestyle and entertainment options, particularly appealing in the warm Riverside climate.
Strategic Location: Conveniently located with easy access to the 91 Freeway, Riverside University, and local colleges, making it ideal for commuters, students, or potential rental opportunities.
Move-in Ready Condition: The seller is completing final touches, ensuring the home will be ready for immediate occupancy upon closing, minimizing buyer's initial efforts and expenses.
Strong School District: Located within a district featuring highly-rated schools such as Arlington High School (5-star) and Hawthorne Elementary School (5-star), appealing to families.

Cons

Potential Overpricing: The listing price of $739,000 is notably higher than the estimated property value of $660,287, which may indicate it is currently overpriced relative to market estimations.
Age of Property: Built in 1977, despite recent cosmetic upgrades, the underlying infrastructure (e.g., plumbing, electrical, roof) may be older, potentially leading to unforeseen maintenance or replacement costs in the future.
Unspecified Cooling System: The property description does not explicitly mention the presence or type of a cooling system, which is a critical feature for comfort in Riverside's hot climate and could be a drawback for buyers.

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