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2525 Madison St, Riverside, CA 92504

$777,000

Last sold 11/08/2016 for $500K

2
bed
2
bath
1,980
Sqft ($253/Sqft)

House not for sale

About 2525 Madison St

Property type House

Neighborhood

Year built 1905

HOA fee $0/month

Lot size 5.82 Acre

Movoto estimate

Parking 2 garage spaces

Rental estimate

Property description

Historical Barn that has been approved for single family residence built in 1905 as a part of the Rockledge Cottage. This property includes the original barn which has renovated into a dwelling unit with permits. Redwood T&G throughout, quality construciton. The property is plumbed and wired with 200 amp service. The property includes the top of the hill known as "Quarry Hill" on Madison/Victoria and has beautiful views of the city from the hill and from the "barn". The top of the hill is accessible via a road that has been cut into the mountain. The foundation upgrade has been completed with structural engineering and permits approved by the city. It includes a pond and 3 shares of Gage Canal water. It also has city water and electric meter installed. The land includes an avocado orchard which is irrigated by the Gage Canal with 49 mature organic trees. It also includes an orchard of rare Citrus...blood orange, naval, valencia, and more! This property is a quiet oasis right within Riverside's Greenbelt. It needs someone to complete the renovation and enjoy the benefits of this amazing piece of Riverside's history!

Listed by

Listing Agent - Kathleen Palmer

Listing Office - Orange Empire Realty

Source: CRMLS

MLS#IG16151097 • last updated 9 years ago

Movoto checked CRMLS for data 2 minutes ago

Overview
Levels/Style	Three Or More
SubType	Single Family Residence
Status	Closed
Living Area	1980
Lot Size (Acres)	5.82
Lot Size (SqFt)	253519
Year Built	1905
Condition	Additions/Alterations, Building Permit, Fixer, Under Construction

Interior
Total # of Bathrooms	2
# Full Baths	2
Total # of Bedrooms	2
Eating Area	Country Kitchen
Laundry	Individual Room
Appliances	None
Interior Features	2 Staircases, Bathtub, Cathedral-Vaulted Ceilings, High Ceilings (9 Feet+), Shower, Two Story Ceilings, Unfinished Walls
Window Features	Screens, Wood Frame Windows

Exterior
Foundation	Slab, Concrete Perimeter, Pillar/Post/Pier, Quake Bracing
Construction	Concrete, Drywall Walls, Frame, Redwood Siding
Roof	Composition
Parking	Driveway, Garage - Front Entry, RV Access/Parking, RV Hook-Ups
# Parking Spaces	2
# Garage Spaces	2
Lot Description	Agricultural, Agricultural - Tree/Orchard, Corners Established, Front Yard, Greenbelt, Horse Property, Horse Property Unimproved, Lot Shape-Irregular, Value In Land, Lot Over 40000 Sqft, Paved, Ranch, Sprinkler System

Amenities / Utilities
Fireplaces	None
Sewer/ Septic	None
Water Source	Agricultural Well, Public, Private
Spa	None
Pool	None

Location
View	City Lights, Hills, Mountain, Neighborhood, Orchard/Grove, Panoramic, Park Or Green Belt, Pond, See Remarks
County	Riverside
Waterfront	Pond
Community Features	Riding/Stables, Rural
Subdivision	Riverside Greenbelt
High School District	Riverside Unified
Directions	Cross Streets: Victoria/Dufferin
APN	237100014

Lot/ Land Details
Road Frontage	City Street
Road Surface	Paved

$777K

Range: $512K-$1.04M

Last 30 days

Rental est.: $2,454/month

• Gross rent multiplier: 17.0

Lower your payment with the loan terms that fit you.

Nov 2016
MLS # IG16151097
Nov 23, 2016 Sold
$500,000
Nov 8, 2016 Sold
$500,000
Oct 10, 2016 Pending
—
Jul 11, 2016 Listed
$499,900
Jul 11, 2016 Listed
$499,900
Nov 2016
Public Records
Nov 8, 2016 Sold
$500,000

Year Property taxes Tax assessment
2024
$6,401 +0.6%

$580,288 +4.04%
2023
$6,364 +1.8%

$557,757 +2.0%
2022
$6,248 +1.4%

$546,821 +2.0%
2021
$6,163 +0.7%

$536,100
2020
$6,117 +2.0%

$536,100 +1.04%
2019
$5,999 +182.2%

$530,604 +191.09%
2016
$2,126 +1.3%

$182,279
2015
$2,098

—

2525 Madison St
$500K
Arlington Heights
$1.29M +10% y/y
92504
$647K +1% y/y
Riverside
$682K +2% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
2489 Madison St, Riverside, CA 92504	$673,900	3/1	1,099	0.07
7207 Lenox Ave, Riverside, CA 92504	$4,500,000	3/2	3,020	0.11
2600 Madison St, Riverside, CA 92504	$1,558,800	4/3	3,696	0.15
7345 Greylock Ave, Riverside, CA 92504	$1,013,900	3/2	2,068	0.16
2450 Madison St, Riverside, CA 92504	—	2/1	700	0.16
7335 Greylock Ave, Riverside, CA 92504	$741,500	3/2	1,511	0.17
2612 Madison St, Riverside, CA 92504	$2,032,900	4/5	4,596	0.18
7355 Greylock Ave, Riverside, CA 92504	$679,400	2/2	1,574	0.18

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.