$1,250,000 Price Analysis    ♡   Riverside, CA 92507 4 bed 3 bath 2,440 SqFt ($512/SqFt) 0.33 acre lot. Built 1965 Listed 2024-05-06, Taxes $3,026 | Ⓧ USDA Ineligible due to price & location near Riverside |
Nestled in scenic Riverside; minutes from UCR in the University Hills neighborhood
This iconic post-and-beam residence, built in 1965 by architect Philip Esbensen for his family, stands as a beacon of mid-century modern design and architectural history. Known as the Philip Esbensen House, this property is a true Riverside city landmark (#126) of the west coast, showcasing the timeless principle that Form Follows Function . S pread across a generous 2, 440 square feet of living area, this meticulously preserved and thoughtfully updated home features four bedrooms, three bathrooms and a studio-style apartment on the lower level with its own kitchenette and separate entrance, effectively offering a fifth bedroom. The homes unique design is tailored to fit its steep site, with a floor-plan that maximizes breathtaking western views while distinctly separating living spaces from private areas.
As you enter, the home welcomes you with floor-to-ceiling windows that bathe every room in natural light, highlighting the rich walnut cabinetry and sleek quartz countertops in the kitchen, equipped with high-end appliances like a Thermador range and hood and a built-in Thermador refrigerator. The living spaces boast slate tile and newer wood flooring, original walnut features with frosted glss inlays and an effortless flow that invites serene living. Each bedroom on the south side offers private access to the newly constructed custom pool and deck, creating a seamless indoor-outdoor living experience. Enhanced by an upgraded AC system, this home is not a testament to historical elegance but also a haven of comfort. The Philip Esbensen House is one of the last remaining exemplars of the mid-century modern post-and-beam style in the city, making it an unparalleled opportunity for those who appreciate purity of design and historical significance. This home has Mills Act which reduces property taxes up to 50% and will transfer to the next owners.
Presented by Molly Gurrola at
NEST REALTY.
Property MLS #IV24087585 from CRMLS
Bedrooms On Main Level: 3
Full Bathrooms: 3
Bathrooms On Main Level: 2
Bathroom 1 Features: Shower in Tub
Quartz Counters
Door Features: Sliding Doors
Appliances YN: Yes
Laundry Features: Gas Dryer Hookup, Washer Hookup
Basement Description: Finished, Utility
Fireplace Features: Fireplace: Yes
Heating Features: Central, Fireplace(s)
Heating: Yes
Pool Private: Yes
Spa Features: Spa: Yes, Spa Features: Heated, In Ground
Lot Size Acres: 0.33
Lot Size Source: Assessor
Lot Size Square Feet: 14375
Garage Description: Attached
Parking Features: Parking YN: Yes, Parking Features: Garage
Parking Total: 2
Map directions Map directions Map directions Map directionsCounty: Riverside
Directions: Mt Vernon to E Broadbent Dr
Source Property Type: Residential
Inclusions: Fridge, Stove, Hood
Area: 252 - Riverside
Source Neighborhood: 252 - Riverside
Parcel Number: 258171011
Postal Code Plus 4: 4814
Zoning: R1065
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $213,749 + $50,000 $263,749 | $3,026 |
| 2021 | $181,080 + $50,000 $231,080 | $2,687 |
| 2020 | $157,718 + $50,000 $207,718 | $2,432 |
| 2019 | $149,647 + $50,000 $199,647 | $2,343 |
| 2018 | $136,000 + $50,000 $186,000 | $2,184 |
| 2017 | $130,000 + $50,000 $180,000 | $2,120 |
| 2016 | $117,000 + $50,000 $167,000 | $1,887 |
| 2015 | $125,220 + $41,740 $166,960 | $1,883 |
| 2014 | $300,000 + $80,000 $380,000 | $4,186 |
| 2013 | $148,045 + $33,629 $181,674 | $2,040 |
| 2012 | $145,143 + $32,970 $178,113 | $1,991 |
| 2010 | $142,298 + $32,324 $174,622 | $1,940 |
| 2009 | $141,572 + $32,161 $173,733 | $1,935 |
| 2009 | $141,236 + $32,084 $173,320 | $1,935 |
| 2008 | $138,797 + $31,531 $170,328 | $1,881 |
| 2007 | $136,076 + $30,913 $166,989 | $1,833 |
$1,250,000
CRMLS
Sold 2014-06-30
$431,818
Public Record
Listing removed 2014-05-30
$460,000
CRMLS
Listed 2014-05-27
$460,000
CRMLS
Sold 2014-01-10
$290,000
Public Record
Sold 1984-03-12
$25,000
Public Record
Sold 1977-06-01
$72,000
Public Record
Year Built: 1965
Common Walls: No Common Walls
Construction Materials: Wood Siding
Entry Level: 1
Entry Location: Main Level
Living Area Source: Assessor
Property Age: 59
Levels or Stories: One
Building Total Stories: 2
Structure Type: House
House Style: Mid Century Modern
Year Built Source: Assessor
Water Source: Public
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  | |||
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.