2 months on rocket

7005 Marguerita Ave, Riverside, CA, 92506

$510,000

Home List Price

$6,056*

Closing Credit

2 Bedrooms
1 Full Bath
1,876 SqFt
$272/SqFt
House
Schools Nearby

Location

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7005 Marguerita Ave, Riverside$510,000

Buyer Closing Credits

$6,056*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1927
HeatingCentral
CoolingEvaporative Cooling
FireplaceNone
ViewNone
MLS #IV24031170
Lot Size0.46 Acres
StatusActive

About 7005 Marguerita Ave

Fixer opportunity! Oversized lot located in the heart of Riverside. Original house is 1,876sqft. Floor plan has been updated. Addition on the back side of the house is not permitted. Fully fenced yard with lots of space for storage or an ADU. Covered workshop area. Lots of potential in this property! Ready for new owners to make it their own.

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Stories: 1
  • Living Area: 1,876 SqFt

Listing Office:

  • Office Name: TRUST PROPERTIES USA, INC
  • Office Phone: (909) 653-5191
  • Listing Agent: VERONICA FOSTER

Interior Features

Interior Information:

  • Interior: All Bedrooms Down
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Lot Features

Lot Information:

  • Lot Size: 0.46 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Evaporative Cooling

School Info

Assigned Schools Information:

  • Arlington High School, Public District Grades 9-12
  • Matthew Gage Middle School, Public District Grades 7-8
  • Washington Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Between Mary and Washington St

Price Information

Listing Price Info

Price Summary:

  • List Price: $510,000
  • Price Per SqFt: $272/SqFt

Tax Information:

  • Annual Amount: $623
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$631K

Med. Price/SqFt

$369

Avg. Days On Market

33

# of Sold Homes

179

7005 Marguerita Ave vs Riverside

75 DAYS ON ROCKET

+42 Days

$510,000

-$121K Less

$272/SqFt

-$97 Less

KEY TAKEAWAY

This property is $121K less than the Median Sold Price and $97/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: #IV24031170

Listing Office:

  • Office Name: TRUST PROPERTIES USA, INC
  • Office Phone: (909) 653-5191
  • Listing Agent: VERONICA FOSTER

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: 4/29/2024, 2:20:25 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$623$48,644
2020$623$48,147
2018$601$46,278
2017$559$45,372

History based on county public records data.

Payment Calculator

$2,613

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,596

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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-3155321
5
/10
  • Washington Elementary School

  • 2760 Jane St

  • 0.66 miles

  • Public District Grades KG-6

Middle School

school-card-donut-3155322
5
/10
  • Matthew Gage Middle School

  • 6400 Lincoln Ave

  • 0.85 miles

  • Public District Grades 7-8

High School

school-card-donut-3155323
5
/10
  • Arlington High School

  • 2951 Jackson St

  • 2.64 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,209. Most Riverside, CA residents have annual incomes between $35k-100k. The most common type of family 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 7005 Marguerita Ave

What is the listing price of this property?

The listing price of 7005 Marguerita Ave property is $510,000.

What type of property is this?

The property 7005 Marguerita Ave is a house located in Riverside, California, 92506.

Is this property for sale now?

Active Listing: 7005 Marguerita Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7005 Marguerita Ave are:
Washington Elementary School: GreatSchools Rating 5/10
Matthew Gage Middle School: GreatSchools Rating 5/10
Arlington High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $623 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7005 Marguerita Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 7005 Marguerita Ave is 1,876 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7005 Marguerita Ave is 1927.

Rocket HomesCaliforniaRiverside CountyRiverside925067005 Marguerita Ave

This home is located at 7005 Marguerita Ave in Riverside, CA and zip code 92506 in the Casa Blanca neighborhood. This 1,876 square foot home, which was built in 1927, sits on a 0.46 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 14, 2024 and is currently priced at $510,000.

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%. In March 2024 median list price was $631,054 and the average listing age was 33 days.

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

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