8235 Coleman Street, Riverside, California 92504, Riverside, 92504 - 4 bed, 2 bath

8235 Coleman Street, Riverside, California 92504 home-pic-0
ACTIVE$665,000
8235 Coleman Street, Riverside, California 92504
4Beds
2Baths
2,000Sqft
6,970Lot

Price Vs. Estimate

The estimated value ($501,681.35) is $163,318.65 (24%) lower than the list price ($665,000). This property may be overpriced.

Key pros and cons

Top Pros:
Comprehensive Renovation: The property has undergone an extensive remodel, including a new roof, exterior paint, replastered pool, new flooring (tile, wood laminate), updated interior paint and texture, and new electrical and plumbing fixtures, offering a move-in ready experience.
Top Cons:
Significant Overpricing Relative to Market Estimate: The listing price of $665,000 is substantially higher than the estimated property value of $501,681.35, indicating a potential overvaluation that could deter buyers or prolong market time.

Compared to the nearby listings

Price:$665.0K vs avg $630.0K (+$35,000)58%
Size:2,000 sqft vs avg 1,594.5 sqft69%
Price/sqft:$332 vs avg $41213%

More Insights

Built in 1959 (66 years old).
Condition: Despite being built in 1959, this property has undergone a comprehensive and recent renovation, as explicitly stated in the description and visually confirmed by the images. The listing highlights 'NEW roof, NEW Exterior Paint, NEW Replastered pool, NEW tile, New fencing, NEW interior paint and texture, NEW wood laminate, NEW remodeled kitchen with NEW counter tops, NEW backsplash, NEW stainless steel stove, NEW microwave, NEW dishwasher, NEW remodeled bathrooms, NEW vanity cabinets, NEW irrigation system, NEW sod, Central AC and Heat system, NEW interior texture, NEW electrical fixtures, NEW plumbing fixtures, NEW doors and moldings, NEW recessed lighting.' The kitchen features modern white shaker cabinets, quartz countertops, subway tile backsplash, and new stainless steel appliances. The bathrooms are also fully updated with new vanities, tiling, and modern gold fixtures. All visible elements appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' condition criteria.
Year Built
1959
Close
-
List price
$665K
Original List price
$675K
Price/Sqft
$333
HOA
-
Days on market
-
Sold On
-
MLS number
CV25120165
Home ConditionExcellent
Features
Good View: Hills, Mountain(s), Neighborhood
Pool
Patio
ViewHills, Mountain(s), Neighborhood

About this home

WOW, This REMODELED POOL HOME!!! One of the Cheapest 4 bedroom homes in ALL OF RIVERSIDE!!! FHA, CONV, VA OK!! This house has it all. It has NEW roof, NEW Exterior Paint, NEW Replastered pool, NEW tile, New fencing, NEW interior paint and texture, NEW wood laminate, NEW remodeled kitchen with NEW counter tops, NEW backsplash, NEW stainless steel stove, NEW microwave, NEW dishwasher, NEW remodeled bathrooms, NEW vanity cabinets, NEW irrigation system, NEW sod, Central AC and Heat system, NEW interior texture, NEW electrical fixtures, NEW plumbing fixtures, NEW doors and moldings, NEW recessed lighting, AND MUCH MORE. Hurry, this one won't last long

Condition Rating
Excellent

Despite being built in 1959, this property has undergone a comprehensive and recent renovation, as explicitly stated in the description and visually confirmed by the images. The listing highlights 'NEW roof, NEW Exterior Paint, NEW Replastered pool, NEW tile, New fencing, NEW interior paint and texture, NEW wood laminate, NEW remodeled kitchen with NEW counter tops, NEW backsplash, NEW stainless steel stove, NEW microwave, NEW dishwasher, NEW remodeled bathrooms, NEW vanity cabinets, NEW irrigation system, NEW sod, Central AC and Heat system, NEW interior texture, NEW electrical fixtures, NEW plumbing fixtures, NEW doors and moldings, NEW recessed lighting.' The kitchen features modern white shaker cabinets, quartz countertops, subway tile backsplash, and new stainless steel appliances. The bathrooms are also fully updated with new vanities, tiling, and modern gold fixtures. All visible elements appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' condition criteria.
Pros & Cons

Pros

Comprehensive Renovation: The property has undergone an extensive remodel, including a new roof, exterior paint, replastered pool, new flooring (tile, wood laminate), updated interior paint and texture, and new electrical and plumbing fixtures, offering a move-in ready experience.
Modern Kitchen & Bathrooms: Both the kitchen and bathrooms have been completely remodeled with new countertops, backsplash, stainless steel appliances (stove, microwave, dishwasher), and vanity cabinets, appealing to contemporary tastes.
Private Pool: The inclusion of a private pool, which has been recently replastered, adds significant recreational value and appeal, especially in the California climate.
Updated Infrastructure: Key systems like the central AC and heating system are new, along with new irrigation and sod, contributing to comfort, efficiency, and reduced immediate maintenance costs for a buyer.
Competitive Market Positioning: Advertised as 'One of the Cheapest 4 bedroom homes in ALL OF RIVERSIDE!!!', suggesting a strong value proposition for a 4-bedroom property in the area, and is accessible to various financing options (FHA, CONV, VA).

Cons

Significant Overpricing Relative to Market Estimate: The listing price of $665,000 is substantially higher than the estimated property value of $501,681.35, indicating a potential overvaluation that could deter buyers or prolong market time.
Age of Original Structure: Built in 1959, despite extensive renovations, the underlying structure is over 60 years old, which may lead to concerns about original foundation, plumbing, or electrical systems not explicitly mentioned as fully replaced.
Lack of Specificity on Renovation Quality: While numerous items are listed as 'NEW', the description lacks details on the quality of materials (e.g., specific brands of appliances, type of countertops, grade of flooring), which could impact perceived long-term value and durability.

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