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4073 Cedar Street, Riverside, California 92501, Riverside, 92501 - 4 bed, 3 bath

4073 Cedar Street, Riverside, California 92501 home-pic-0
ACTIVE$699,999
4073 Cedar Street, Riverside, California 92501
4Beds
3Baths
1,734Sqft
8,276Lot
Year Built
1900
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$404
HOA
-
Days on market
-
Sold On
-
MLS number
OC25108817
Home ConditionGood
Features
Good View: Hills
Pool
Patio
ViewHills

About this home

Possibly Over-Priced:The estimated price is 58% below the list price. We found 3 Cons,6 Pros. Rank: price - $700.0K(73th), sqft - 1734(57th), beds - 4(65th), baths - 3(69th).

A TRU GEM! TAKE A LOOK AT THIS ONE! Conveniently close to Downtown Riverside, the 215/91/60/10 FWYS, Mount Rubidoux and Ryan Bonaminio Park. Beautiful Historical Victorian Downtown Riverside Home, Remodeled Throughout the Home. Open floor plan and ready to entertain both inside and out. The Gourmet Kitchen is Near the Generously Sized Open Dining Area and Family room. the Expansive Master Bedroom Has Views of the Pool and View of Mount Rubidoux in the Background. The Front and Back Yard Landscaping Leads the Way to the Pool Deck Where Views of Mount Rubidoux Continues. A Sparking Pool, and Central Seating Area with Shade Structure Complete this Elegant Backyard.

Condition Rating
Good
This historical Victorian home, built in 1900, has been 'Remodeled Throughout,' presenting a move-in ready condition. The kitchen features modern white shaker cabinets, black countertops, and stainless steel appliances, indicating a significant and recent update. Hardwood flooring is consistent and appears well-maintained. The backyard with a sparkling pool and pergola adds to its appeal. While extensively renovated, some light fixtures appear slightly dated, and the overall finish, though good, doesn't suggest a brand-new, luxury-level renovation across all components. The absence of specific details regarding the age of the renovation or updates to major systems like HVAC for a 1900-built property prevents an 'Excellent' rating, but it comfortably fits the 'Good' category due to its comprehensive updates and well-maintained state.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1734.
Historic Charm & Modern Renovation: This 'Beautiful Historical Victorian Downtown Riverside Home' has been 'Remodeled Throughout,' offering a unique blend of classic architectural charm and contemporary living amenities.
Prime Location & Accessibility: Strategically located 'Conveniently close to Downtown Riverside, the 215/91/60/10 FWYS, Mount Rubidoux and Ryan Bonaminio Park,' providing excellent access to urban conveniences, major transportation routes, and recreational areas.
Outdoor Entertainment & Pool: The property features an 'Elegant Backyard' with a 'Sparkling Pool, and Central Seating Area with Shade Structure,' making it ideal for outdoor entertaining and relaxation.
Scenic Views: The 'Expansive Master Bedroom Has Views of the Pool and View of Mount Rubidoux in the Background,' with 'Views of Mount Rubidoux' continuing throughout the property, adding significant aesthetic value.
Open Concept & Gourmet Kitchen: Boasts an 'Open floor plan' with a 'Gourmet Kitchen' situated near a 'Generously Sized Open Dining Area and Family room,' perfect for hosting and daily family life.

Cons

Significant Overpricing: The listing price of $699,999 is considerably higher than the estimated property value of $288,196.315, indicating a potential overvaluation of -58% which may deter potential buyers.
Age of Property (Potential for Hidden Costs): Built in 1900, despite being 'Remodeled Throughout,' the inherent age of the property may still present challenges related to older infrastructure, unforeseen maintenance, or higher insurance premiums not covered by the remodel.
Unspecified HVAC/Cooling System: The description highlights renovations but does not explicitly mention the presence or type of modern heating, ventilation, and air conditioning (HVAC) system, which could be a significant consideration for comfort and energy efficiency in the California climate.

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