15 days on rocket

4800 Somerset Dr, Riverside, CA, 92507

$799,900

Home List Price

$9,499*

Closing Credit

4 Bedrooms
3 Full Baths
2,881 SqFt
$278/SqFt
House
Schools Nearby

Location

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4800 Somerset Dr, Riverside$799,900

Buyer Closing Credits

$9,499*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Driveway Down Slope From Street, Driveway, Garage, On Site
Attached Garage2 spaces
Year Built1928
HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air, Electric
FireplaceGas, Gas Starter, Living Room, Masonry, Wood Burning
ViewCity Lights, Golf Course, Hills, Mountain(s), Neighborhood, Panoramic, Pool, Trees/Woods
Private PoolYes
MLS #IV24099620
Lot Size0.57 Acres
StatusActive

About 4800 Somerset Dr

VICTORIA WOODS- VICTORIA CLUB VIEW AND FRONTAGE- Historic Somerset Drive with spectacular eastwardly view of the beautiful Victoria Club Golf Course, Lake and Club House, This 2 Spanish Revival has been configured and utilized as a single family home, Duplex and even a Triplex over the years. Enter the main level from the street to the massive formal living room with fireplace and wood beamed ceiling; large formal dining room with wet bar and floor to ceiling windows with access to the deck; Large island kitchen; A generous primary suite with walk-in closet spacious bath; Descend the stairway to the lower level where there are tow additional bedrooms and baths as well as large family room, two kitchenettes and a laundry room. The roomy grounds are split into three levels; The mid-level is the pool/spa (not currently in use) and sun-deck; The lover level is a Citrus Orchard potentially qualifying the property for an agricultural water rate from the City of Riverside Public Utilities. Tons of potential as a private residence or to live in part and secure additional income from one of the additional units or for pure income generating purposes.

Property Details

Property Features

Property Information:

  • Architectural Style: Custom, Spanish
  • Year Built: 1928
  • Stories: 2
  • Living Area: 2,881 SqFt

Listing Office:

  • Office Name: COMPASS
  • Office Phone: (951) 347-8832
  • Listing Agent: BRAD ALEWINE

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Beamed Ceilings, Wet Bar, Built-in Features, Balcony, Cathedral Ceiling(s), In-Law Floorplan, Laminate Counters, Living Room Deck Attached, Open Floorplan, Pantry, Storage, Tile Counters, Bedroom on Main Level, Entrance Foyer, Main Level Primary, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
  • Fireplace: Gas, Gas Starter, Living Room, Masonry, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: City Lights, Golf Course, Hills, Mountain(s), Neighborhood, Panoramic, Pool, Trees/Woods

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Door-Multi, Driveway Down Slope From Street, Driveway, Garage, On Site

Lot Features

Lot Information:

  • Lot: Back Yard, Sloped Down, Front Yard, Sprinklers In Rear, Sprinklers In Front, Landscaped, Rectangular Lot, Secluded, Sprinklers, Trees
  • Lot Size: 0.57 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Natural Gas
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Polytechnic High School, Public District Grades 9-12
  • Riverside Virtual, Public District Grades KG-12
  • Matthew Gage Middle School, Public District Grades 7-8
  • Alcott Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Cridge Street East of Victoria Avenue to right on Somerset

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,900
  • Price Per SqFt: $278/SqFt

Tax Information:

  • Annual Amount: $2,672
  • Tax Year: 2021
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Housing Market Comparison

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

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Riverside, CA

City

Med. Sold Price

$637.1K

Med. Price/SqFt

$371

Avg. Days On Market

26

# of Sold Homes

175

4800 Somerset Dr vs Riverside

15 DAYS ON ROCKET

-11 Days

$799,900

+$162.7K More

$278/SqFt

-$93 Less

KEY TAKEAWAY

This property is $162.7K more than the Median Sold Price and $93/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: #IV24099620

Listing Office:

  • Office Name: COMPASS
  • Office Phone: (951) 347-8832
  • Listing Agent: BRAD ALEWINE

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: 6/1/2024, 1:20:36 PM 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$2,672$234,444
2020$2,671$232,041
2018$2,571$223,033
2017$2,366$218,661

History based on county public records data.

Payment Calculator

$4,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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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-6406631
5
/10

  • Alcott Elementary School

  • 2433 Central Ave

  • 0.68 miles

  • Public District Grades KG-6

Middle School

school-card-donut-6406632
5
/10

  • Matthew Gage Middle School

  • 6400 Lincoln Ave

  • 1.73 miles

  • Public District Grades 7-8

High School

school-card-donut-6406633
7
/10

  • Polytechnic High School

  • 5450 Victoria Ave

  • 0.83 miles

  • Public District Grades 9-12

school-card-donut-6406634
6
/10

  • Riverside Virtual

  • 4011 14th St

  • 1.31 miles

  • Public District Grades KG-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,331. Residents of Riverside, CA typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4800 Somerset Dr

What is the listing price of this property?

The listing price of 4800 Somerset Dr property is $799,900.

What type of property is this?

The property 4800 Somerset Dr is a house located in Riverside, California, 92507.

Is this property for sale now?

Active Listing: 4800 Somerset Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4800 Somerset Dr are:
Alcott Elementary School: GreatSchools Rating 5/10
Matthew Gage Middle School: GreatSchools Rating 5/10
Polytechnic High School: GreatSchools Rating 7/10
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 $2,672 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4800 Somerset Dr has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 4800 Somerset Dr is 2,881 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4800 Somerset Dr is 1928.

Rocket Homes›California›Riverside County›Riverside›92507›4800 Somerset Dr

This home is located at 4800 Somerset Dr in Riverside, CA and zip code 92507 in the Eastside neighborhood. This 2,881 square foot home, which was built in 1928, sits on a 0.57 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $799,900.

In April 2024, from all listings sold in Riverside, CA there were more than 88 sold above asking price, over 55 sold below and more than 32 were sold right at the asked price. The number of listings in Riverside, CA decreased by 0.1% between March 2024 and April 2024. In April 2024, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $637,181.

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

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