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12193 Raley Dr, Riverside, CA, 92505

$1,599,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
5 Full Baths
4,771 SqFt
$335/SqFt
House
Schools Nearby

Location

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12193 Raley Dr, Riverside$1,599,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached Carport, Circular Driveway, Covered, Carport, Driveway, Driveway Up Slope From Street, Private, RV Access/Parking
Year Built1948
HeatingCentral
CoolingCentral Air
FireplaceSee Remarks
ViewCity Lights, Canyon, Hills, Mountain(s), Panoramic, Other, Valley, Trees/Woods
Private PoolYes
MLS #OC24056889
Lot Size5.68 Acres
StatusActive

About 12193 Raley Dr

A golden opportunity! Nestled in a prime location, this expansive 5.68-acre property boasts not one, but two homes awaiting transformation. The 1948 main house, offers over 3,500 SqFt of space, providing a solid foundation for potential redevelopment. Accompanying it is a 1997 manufactured home, featuring 3 bedrooms and 2 baths, offering potential to unlock the property's true value. But it's the land that truly sets this opportunity apart. With a commercial irrigation system in place and a diverse landscape featuring native and non-native trees, including fruit-bearing varieties, the potential for development is limitless. Two gated entrances and a 5 ft. high wrought iron fence provide security and privacy, while the property's location atop the hill offers sweeping views of Riverside, the mountains, and city lights. Investors, take note – this property can be subdivided, with several flat areas ready for development. Explore the possibilities with the city of Riverside to maximize the value of this one-of-a-kind location. With its unbeatable location and untapped potential, this property is a rare find for the savvy investor looking to capitalize on the real estate market. Don't miss out – seize this golden opportunity and turn your vision into reality today!

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Stories: 2
  • Living Area: 4,771 SqFt

Listing Office:

  • Office Name: Regency Real Estate Brokers
  • Office Phone: (949) 707-4400
  • Listing Agent: Mase Abdeshahian

Interior Features

Interior Information:

  • Appliances: Gas Cooktop, Gas Oven, Gas Range
  • Flooring Type: Concrete
  • Fireplace: See Remarks

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: City Lights, Canyon, Hills, Mountain(s), Panoramic, Other, Valley, Trees/Woods

Parking Information:

  • Parking: Attached Carport, Circular Driveway, Covered, Carport, Driveway, Driveway Up Slope From Street, Private, RV Access/Parking

Lot Features

Lot Information:

  • Lot: Secluded, Sprinklers
  • Lot Size: 5.68 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Turn onto Raley dr from Riverwalk, property will be on the right hand side

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,599,000
  • Price Per SqFt: $335/SqFt

Tax Information:

  • Annual Amount: $6,371
  • 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

$631K

Med. Price/SqFt

$369

Avg. Days On Market

33

# of Sold Homes

179

12193 Raley Dr vs Riverside

31 DAYS ON ROCKET

-2 Days

$1,599,000

+$967.9K More

$335/SqFt

-$34 Less

KEY TAKEAWAY

This property is $967.9K more than the Median Sold Price and $34/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: #OC24056889

Listing Office:

  • Office Name: Regency Real Estate Brokers
  • Office Phone: (949) 707-4400
  • Listing Agent: Mase Abdeshahian

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: 4/27/2024, 7:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 16, 2001Home Sold
$390,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,371$542,891
2020$6,370$537,326
2018$6,201$516,462
2017$5,988$506,336

History based on county public records data.

Payment Calculator

$8,048

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,860

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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.

Nearby Schools

school-card-donut-1070010
3
/10

  • Phillip M. Stokoe Elementary School

  • 4501 Ambs Dr

  • 0.47 miles

  • Public District Grades KG-5

school-card-donut-1070011
3
/10

  • Valley View Elementary School

  • 11750 Gramercy Pl

  • 0.93 miles

  • Public District Grades KG-5

school-card-donut-1070012
6
/10

  • Promenade Elementary School

  • 550 Hamilton Dr

  • 1.08 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,481. The most common annual income of people living in Riverside, CA is between $35k-100k. Most families are married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12193 Raley Dr

What is the listing price of this property?

The listing price of 12193 Raley Dr property is $1,599,000.

What type of property is this?

The property 12193 Raley Dr is a house located in Riverside, California, 92505.

Is this property for sale now?

Active Listing: 12193 Raley Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,371 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 16, 2001 for $390,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 12193 Raley Dr has 8 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 12193 Raley Dr is 4,771 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12193 Raley Dr is 1948.

Rocket Homes›California›Riverside County›Riverside›92505›12193 Raley Dr

This home is located at 12193 Raley Dr in Riverside, CA and zip code 92505 in the La Sierra neighborhood. This 4,771 square foot home, which was built in 1948, sits on a 5.68 acre lot. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $1,599,000.

While more than 92 listings in Riverside, CA in March 2024 were sold above asking price, there were more than 33 listings sold at asking price, and more than 54 were sold below. Between February 2024 and March 2024, Riverside, CA real estate market has seen increase in the number of listings by 1.9%. The median list price of listings available in March 2024 was $631,054, while the average time on the real estate market was 33 days.

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

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