14 days on rocket

Sale Pending

7595 Potomac St, Riverside, CA, 92504

$400,000

Home List Price

$4,750*

Closing Credit

4 Bedrooms
2 Full Baths
1,239 SqFt
$323/SqFt
House
Schools Nearby

Location

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7595 Potomac St, Riverside$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage1 space
Year Built1946
HeatingNone
CoolingNone
FireplaceLiving Room
ViewNone
MLS #IG24100786
Lot Size0.22 Acres
StatusSale Pending
(Pending)

About 7595 Potomac St

Introducing a rare gem in the coveted Ramona neighborhood, available for the first time in 52 years! This charming fixer-upper holds immense potential for transformation. With a bit of work, you'll unlock significant after-repair value, making this a lucrative investment opportunity. Nestled on a generous 9,500+ square foot lot, the property boasts a spacious front yard and an expansive backyard, perfect for outdoor activities and future landscaping projects. Inside, you'll find hardwood floors throughout most of the home, with the exception of the kitchen and rear bedroom. The large living room features a genuine brick fireplace, adding a touch of classic elegance. This home offers versatile potential: whether you're an owner-occupant looking to personalize your dream home, an investor eyeing a rental property, or a flipper planning for a high return in the near future, this property fits the bill. Located in a prime area near Cal Baptist University, Riverside Plaza, and Downtown Riverside, you'll enjoy easy access to a variety of amenities that make Riverside an attractive city to call home. The neighborhood is thriving, with comparable homes listed at $600K+. Don't miss out on this unique opportunity to create value and realize substantial gains. Contact your buyer's agent for private remarks and further details. Due to condition of home property needs to be bought with All Cash, Private/Hard money loan and or Conventional loan.

Property Details

Property Features

Property Information:

  • Year Built: 1946
  • Stories: 1
  • Living Area: 1,239 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Email: orozcogroup1@gmail.com
  • Listing Agent: Joseph Orozco

Interior Features

Interior Information:

  • Interior: All Bedrooms Down
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

School Info

Assigned Schools Information:

  • Ramona High School, Public Magnet Grades 9-12
  • Riverside Virtual, Public District Grades KG-12
  • Sierra Middle School, Public District Grades 7-8
  • Madison Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: 91 east exit Madison go west Left on Potomac before Magnolia

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
  • Price Per SqFt: $323/SqFt

Tax Information:

  • Annual Amount: $614
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Riverside, CA.

Med. Sold Price

$643.8K

Med. Price/SqFt

$371

Avg. Days On Market

25

# of Sold Homes

184

7595 Potomac St vs Riverside

14 DAYS ON ROCKET

-11 Days

$400,000

-$243.8K Less

$323/SqFt

-$49 Less

KEY TAKEAWAY

This property is $243.8K less than the Median Sold Price and $49/SqFt less than other homes in Riverside, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #IG24100786

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Email: orozcogroup1@gmail.com
  • Listing Agent: Joseph Orozco

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2024, 12:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$614$54,908
2020$613$54,346
2018$589$52,238
2017$545$51,215

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6839350
5
/10
  • Madison Elementary School

  • 3635 Madison St

  • 0.25 miles

  • Public District Grades KG-6

Middle School

school-card-donut-6839351
5
/10
  • Sierra Middle School

  • 4950 Central Ave

  • 0.89 miles

  • Public District Grades 7-8

High School

school-card-donut-6839352
6
/10
  • Ramona High School

  • 7675 Magnolia Ave

  • 0.14 miles

  • Public Magnet Grades 9-12

school-card-donut-6839353
6
/10
  • Riverside Virtual

  • 4011 14th St

  • 3.13 miles

  • Public District Grades KG-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,608. The most common annual income of people living in Riverside, CA is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7595 Potomac St

What is the listing price of this property?

The listing price of 7595 Potomac St property is $400,000.

What type of property is this?

The property 7595 Potomac St is a house located in Riverside, California, 92504.

Is this property for sale now?

Sale Pending: 7595 Potomac St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 7595 Potomac St are:
Madison Elementary School: GreatSchools Rating 5/10
Sierra Middle School: GreatSchools Rating 5/10
Ramona High School: GreatSchools Rating 6/10
Riverside Virtual: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $614 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7595 Potomac St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7595 Potomac St is 1,239 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7595 Potomac St is 1946.

Rocket HomesCaliforniaRiverside CountyRiverside925047595 Potomac St

This home is located at 7595 Potomac St in Riverside, CA and zip code 92504 in the Ramona - Riverside neighborhood. This 1,239 square foot home, which was built in 1946, sits on a 0.22 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 18, 2024 and is currently priced at $400,000.

While more than 84 listings in Riverside, CA in May 2024 were sold above asking price, there were more than 34 listings sold at asking price, and more than 66 were sold below. Between April 2024 and May 2024, Riverside, CA real estate market has seen increase in the number of listings by 2.6%. In May 2024, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $643,867.

From Rocket Homes Real Estate and based on county public records data.

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