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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Riverside, CA.
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
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, 12:20:42 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
YEAR
PROP. TAX
ASSESSMENT
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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,060
Per Month
Principal & Interest
$3,993
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,465
Powered By
Advertisement
NMLS#3030
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
5
/10
Alcott Elementary School
2433 Central Ave
Distance between this listing and this school0.68 miles
Public District Grades KG-6
Middle School
5
/10
Matthew Gage Middle School
6400 Lincoln Ave
Distance between this listing and this school1.73 miles
Public District Grades 7-8
High School
7
/10
Polytechnic High School
5450 Victoria Ave
Distance between this listing and this school0.83 miles
Public District Grades 9-12
6
/10
Riverside Virtual
4011 14th St
Distance between this listing and this school1.31 miles
Public District Grades KG-12
Assigned Schools
5
/10
Alcott Elementary School
2433 Central Ave
Distance between this listing and this school0.68 miles
Public District Grades KG-6
Nearby Schools
6
/10
Reach Leadership Academy
5320 Victoria Ave
Distance between this listing and this school0.59 miles
Public Charter Grades KG-6
4
/10
Emerson Elementary School
4660 Ottawa Ave
Distance between this listing and this school0.92 miles
Public District Grades KG-6
Assigned Schools
5
/10
Matthew Gage Middle School
6400 Lincoln Ave
Distance between this listing and this school1.73 miles
Public District Grades 7-8
Nearby Schools
4
/10
Central Middle School
4795 Magnolia Ave
Distance between this listing and this school1.14 miles
Public District Grades 5-8
4
/10
University Heights Middle School
1155 Massachusetts Ave
Distance between this listing and this school2.43 miles
Public District Grades 7-8
Assigned Schools
7
/10
Polytechnic High School
5450 Victoria Ave
Distance between this listing and this school0.83 miles
Public District Grades 9-12
6
/10
Riverside Virtual
4011 14th St
Distance between this listing and this school1.31 miles
Public District Grades KG-12
Nearby Schools
2
/10
Abraham Lincoln Continuation
4341 Victoria Ave
Distance between this listing and this school0.56 miles
The neighbors living near this home have an average income of $39,331. Typical income of Riverside, CA residents is less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
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 5/10Matthew Gage Middle School: GreatSchools Rating 5/10Polytechnic High School: GreatSchools Rating 7/10Riverside 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.
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.
Riverside, CA housing market in April 2024 saw over 88 listings sold above listed price, more than 32 sold at listed price and over 55 sold below. In April 2024 in Riverside, CA there were 0.1% less homes for sale than in March 2024. Listings spent 26 days on the market in April 2024, and had a median list price of $637,181 during the same period.
From Rocket Homes Real Estate and based on county public records data.