$1,333,000 Price Analysis 5121 Magnolia AveRiverside, CA 92506 5 bed 3 bath 3,000 SqFt ($444/SqFt) 9,148SqFt lot. Built 1923 Listed 2024-04-17, Taxes $3,121 | Ⓧ USDA Ineligible due to price & location near Riverside |
Designed by the renowned architect Henry Jekel, nestled in the prestigious Wood Streets Historic District. This distinguished residence combines originl character with modern upgrades, ensuring a living experience that is both luxurious and authentically preserved. Experience the allure of the past with the home's charming brick entry and mature landscaping, setting a tone of grandeur and elegance. Inside, the home boasts large living spaces, including a formal dining room and a roomy kitchen outfitted with stainless steel appliances. Tasteful updates and refurbishments are evident throughout, marrying the original charm with contemporary comfort.
This two-story home features five generously sized bedrooms and 2.5 bathrooms, with the upper floor housing four bedrooms and two remodeled bathrooms, providing ample space for family and guests alike. The master suite is a true retreat, offering tranquility and privacy. Entertain in style in the expansive backyard, where a charming deck and a shimmering pool await to make your summers unforgettable. Additional features include a carport, a two-car garage and a convenient laundry room, all enhancing the functionality of this historic gem. Living in this home also means the opportunity of significant tax benefits, thanks to its Mills Act Tax Relief approval. This is not a home; it's a savvy investment and a chance to own a significant part of Riverside's architectural heritage. Make this captivating home yours and live the legacy of luxury and history.
Presented by Robert L. Adams at
First Team Real Estate - Oc.
Property MLS #IV24075836 from CRMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $214,668 + $60,000 $274,668 | $3,121 |
2021 | $171,395 + $60,000 $231,395 | $2,665 |
2020 | $153,001 + $55,000 $208,001 | $2,410 |
2019 | $144,919 + $55,000 $199,919 | $2,321 |
2018 | $137,000 + $50,000 $187,000 | $2,175 |
2017 | $130,000 + $50,000 $180,000 | $2,022 |
2016 | $117,000 + $50,000 $167,000 | $1,792 |
2015 | $121,592 + $40,531 $162,123 | $1,740 |
2014 | $119,416 + $39,805 $159,221 | $1,725 |
2013 | $109,624 + $36,542 $146,166 | $1,582 |
2012 | $96,976 + $32,325 $129,301 | $1,388 |
2010 | $105,414 + $35,138 $140,552 | $3,969 |
2009 | $223,809 + $70,024 $293,833 | $3,152 |
2009 | $243,539 + $116,390 $359,929 | $3,152 |
2008 | $219,421 + $68,651 $288,072 | $3,061 |
2007 | $215,119 + $67,305 $282,424 | $2,981 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.