See Home Value
$600,000
● House - Off Market

5305 Palm

Riverside, CA 92506
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,200 Ft²
$2,995
Est. Monthly

About This Property

Very cute 2 bedroom 2 bath home in the highly desirable Wood Streets area of Riverside on a spacious corner lot! And it has an ADU, perfect for just about anyone or anything! The house has great curb appeal! The exterior was recently painted! LOADS of gated parking for your cars or RV's! Walk inside and find your open concept home with a large living room, oversized dining room, both with laminate flooring and ceiling fans. The remodeled kitchen has nice wood cabinets with tile backsplash, tile flooring and upgraded stainless steel appliances, including freestanding gas stove, dishwasher, built in microwave and sink. And, the refrigerator is included, too! There's a convenient breakfast bar overlooking the kitchen. The master suite is huge and has laminate flooring, a ceiling fan and a beautiful walk-in closet with built-in shelves, dividers and recessed lighting. There's even a vanity area for the ladies, or the men! The master bath is highly upgraded with a wood cabinet with granite countertop, walk-in shower with lots of tile and a glass door, tile flooring and a custom toilet! The hall bath features a tub/shower combo unit with lots of tile. The nice sized 2nd bedroom has laminate flooring, a ceiling fan and lots of closet space. The large indoor laundry room has a folding table and plenty of room for your washer and dryer. Some of the windows have been replaced with dual pane windows. Off the kitchen area, open your double doors to an inviting covered patio area with a wood burning fireplace. A great place for relaxing! Step outside to your completely fenced BIG backyard with PLENTY of gated parking, your own horseshoe pits and lots of trees, including fruit trees and a large shade tree. The detached 2 car garage is steps away from the house. There is an additional 50 amp electrical panel and a 2nd water heater in the garage. Attached to the garage is a charming ADU! The studio size ADU is perfect for just about anyone and is fully self-contained. It features a small kitchen with stove and refrigerator, a sleeping area and a bath with a fiberglass tub/shower combo unit, toilet and sink. There's even a covered patio off the ADU. This home is close to shopping and the freeways! Please check out all the pictures then call Steve for your private showing!
Unit Size
1,200 Ft²
Days on Market
97 days
Land Size
0.18 acres
Price per sqft
$508
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1941

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Last updated: 3 months ago (CRMLS #IV26097421)

Price History

Date / Event Date Event Price
Aug 10, 2026 Sold
Sold
Jul 14, 2026 In contract -
In contract
May 5, 2026 Listed by WESTCOE REALTORS INC $609,900
Listed by WESTCOE REALTORS INC

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 704
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTHERN CALIFORNIA COLONY ASSOCIATION
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • State Land Use Code: R01
  • Legal Description 1: .18 ACRES M/L IN POR LOT 205 MB 007/003 SB SOUTHERN CALIFORNIA COLONY ASSOCIATION

Neighborhood

  • School District Name: Riverside Unified School District
  • Census Tract: 030800

Zoning

  • Zoning: R1065

Geography

  • Parcel: 217-223-013
  • Lot: 205
  • Municipality: RIVERSIDE
  • Latitude: 33.9707
  • Longitude: -117.396

    Address

  • Full Address: 5305 Palm Ave
  • Address - House Number: 5305
  • Address - Street Name: Palm
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Riverside
  • Carrier Code: C006
  • 4-Digit Zip Code: 1023
  • Zip Code: 92506

Valuation

    Tax

  • Total Area: 1,200
  • Tax Year: 2023
  • Tax Amount: $330,366
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 009-000

    Appraisal Valuation

  • Standard Deviation: 0.1975
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 497,691
  • High Value: 595,998
  • Low Value: 399,385

    Market Valuation

  • Market Total Value: $333,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $291,312
  • Assessed Land Value: $93,636
  • Assessed Improvements Value: $197,676

    Sales

  • Current Sale Contract Date: Jun 26, 2020
  • Current Sale Recording Date: Aug 12, 2020
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2020-0365706
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Grand


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Nearby Rentals

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Unit for rent at 4152 Locust Street, RIVERSIDE, CA, 92501

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4152 Locust Street, RIVERSIDE, CA, 92501 Listing by Ramy Salama
Unit for rent at 3891 Locust Street, RIVERSIDE, CA, 92501

$1,295 /mo

  • Studio
  • 1 Bath
  • 500 ft²
3891 Locust Street #5, RIVERSIDE, CA, 92501 Listing by Casey Overholt


Frequently Asked Questions

When was property at 5305 Palm Avenue built and last sold?
The property at 5305 Palm Avenue was built in 1941 and last sold on Jun 26, 2020 for $280,000.
How much is this home worth?
The estimated value of the home located at 5305 Palm Avenue is $619,282.
What are some comparable homes to 5305 Palm Avenue?
There are currently no comparable homes to 5305 Palm Avenue.