Pending

4700 Dewey Ave
Riverside, CA 92506

2.98 Acres 462 Days
The Subject Property includes two parcels totaling 2.98 acres. The two parcels encompass the entire southern block of Palm Avenue and Dewey Avenue fronting the railroad tracks. There are single family residences surrounding the nearly 3 acres and this long strip of vacant land is one of the last remaining large lots within this neighborhood. The property is zoned R1-7000 and measures approximately 1,291± feet long by 100± feet wide. The parcels are located three blocks west of all major stores, entertainment, shops and restaurants, some of which include Ralphs, Rite Aid, Wells Fargo Bank, Vons, Nordstrom Rack and Regal Cinemas. At a list price of $600,000 this property equates to $4.61/SF or approximately $200,000 per acre. Considering the lack of buildable land in this well-developed area, the property is an affordably priced development project for a local investor or developer.
  • $0 HOA
  • —/Sqft
  • MLS#GD16103001 provided by Krikor Garabedian of Keller Williams R. E. Services
  • Movoto last checked CRMLS for new data 9 minutes ago
  • CRMLS last updated this listing 1 week ago

Property Features for 4700 Dewey Avenue , Riverside

Lot Size Acres: 2.98
Lot Size Square Feet: 129988
Lot Size Units: Square Feet
Tax Map Number: 226332
Lot Size Area: 129988
Price Per Square Foot: 4.23
AdditionalParcelsYN: 1
Parcel Number: 226332023
Virtual Tour: External Link
Special Listing Conditions: Standard
Standard Status: Pending
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Property History for 4700 Dewey Avenue, Riverside

Status
Date
Price
Pending
Aug 7, 2017
Active Under Contract
Oct 18, 2016
Price Change
Sep 30, 2016
$550,000
Listed
May 14, 2016
$600,000
#GD16103001

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Movoto doesn't have sqft for this home. The value of the home is $478/Sqft based on the average of the following nearby homes for sale.
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YOU
ARE
HERE
4700 Dewey Ave
  • $550,000
  • Pending

    462 days

  • — Bd
  • — Ba
  • 2.98 Acres Lot
  • Built —

Real Estate Market Statistics for 4700 Dewey Avenue, Riverside

YOU ARE HERE

4700 Dewey Avenue

No data!
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$550K

4700 Dewey Avenue

$337K

Magnolia Center

-27% y/y

Magnolia Center

$592K

92506

1% y/y

92506

$459K

Riverside

4% y/y

Riverside

See all trends for Riverside
4700 Dewey Ave in 92506 is currently listed for 550,000. As of today, , this is 20% above the median price of $459,000 for the city of Riverside, CA and 7% below the median of $592,000 for ZIP code 92506. Right now, there are 124 properties for sale in 92506 and 677 properties listed for sale in Riverside. Those 677 properties are made up of 611 single family homes and 66 condos. The square footage of 4700 Dewey Ave is approximately —, which is 100% below the median size of 2,032 Sqft in Riverside and 100% below the median size of 2,547 square feet in ZIP code 92506. This property's price per Sqft is —, which is 100% below the $233 median in 92506 and 100% below the $226 Riverside median.
This land house is located at 4700 Dewey Ave. It is listed on 05/14/2016. 4700 Dewey Ave is located in the Magnolia Center neighborhood in the Riverside Unified School District. The closest school is Sierra Middle School.

4700 Dewey Ave has been on the market for 462 days. The median days on the market for properties in this area is 37 with a median list price of $459,000 and median cost per square foot of $226. It's currently listed as pending under the MLS #GD16103001.

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