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4450 4th St, Riverside, CA 92501

Sale Price: $894,000
Jun 24, 20243,328 sqft5 beds2 baths
Listed by: ANDREW VILLALOBOS
License #: 01922817
Phone #: 951-682-1133
COLDWELL BANKER REALTY
Source:
CRMLS Logo
MLS #: IV24129095

Property Description

Welcome to this 1910 Craftsman home located in the Colony Heights Historic District of Downtown Riverside. This neighborhood is characterized by shady tree lined streets, historic homes representing a variety of architectural styles and despite being in the core of the city is quite quiet! This property is a historic home lover's dream. The original integrity of the home has been maintained for over a century while necessary updates have been undertaken such as earthquake retrofitting, a 200 amp panel, updated hvac and even paid-for solar panels. This home is deceptively large, appearing to be a quaint bungalow from the street but actually featuring over 3000 sqft of living space, 5 bedrooms with the 5th currently functioning as a study, and plenty of yard space. My favorite aspect of the home is the beautiful woodwork and stenciling that line the main living spaces. This is one of a few craftsman homes I've seen that feature these details in such good condition, the value of which shouldn't be underestimated. Finally, this home was designed by arguably the most prolific and well known of all Riverside architects, G. Stanley Wilson. It is an excellent example of his early residential work before Spanish Revival and the designs of his employee, Peter Weber, dictated the future of architecture in Riverside. The home is already under the Historic Property Tax Program, Mills Act which will save you significantly on your property tax liability and you'll also be happy to hear that there are 7 mature fruit trees on the property; 2 Lemon, 2 Mandarin Orange, a Valencia Orange, a Kumquat and a Persimmon.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$15,150

TurboHome Estimated Value

$952,000

$286 sqft

High Valuation
$999,600
$300/sqft
Normal Valuation
$952,000
$286/sqft
Low Valuation
$904,400
$272/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$286/sqft$952,000

Neighborhood: Downtown

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Comparative Value

$625K

$664K

$894K

$950K

$1.05M

1782 Karley Way, Riverside, CA 92501

Sale Price: $625,000

Selected Comparable

1785 Julia Way, Riverside, CA 92501

Sale Price: $664,000

Selected Comparable

4450 4th St, Riverside, CA 92501

List Price: $894,000

Subject Property

4450 4th St, Riverside, CA 92501

Sale Price: $894,000

Selected Comparable

4506 University Ave, Riverside, CA 92501

Sale Price: $950,000

Selected Comparable

3620 Mount Rubidoux Dr, Riverside, CA 92501

Sale Price: $1,045,728

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
4450 4th St, Riverside, CA 92501

4450 4th St, Riverside, CA 92501

List: $894,000

Listed: 6/24/2024

Area:3,328 sqft
Price/sqft:$269
Beds:5
Baths:2
Year Built:
Lot Size:7,841

Comparable Properties

COMPARABLE
Choose comps
4450 4th St, Riverside, CA 92501

4450 4th St, Riverside, CA 92501

Sale: $894,000

11/26/20240.00 mi

Area:3,328 sqft
Price/sqft:$269
Beds:5
Baths:2
Year Built:
Weight:28.5%
1785 Julia Way, Riverside, CA 92501

1785 Julia Way, Riverside, CA 92501

Sale: $664,000

6/9/20251.14 mi

Area:2,700 sqft
Price/sqft:$246
Beds:5
Baths:3
Year Built:
Weight:20.8%
4506 University Ave, Riverside, CA 92501

4506 University Ave, Riverside, CA 92501

Sale: $950,000

2/7/20250.32 mi

Area:4,152 sqft
Price/sqft:$229
Beds:6
Baths:2
Year Built:
Weight:18.4%
3620 Mount Rubidoux Dr, Riverside, CA 92501

3620 Mount Rubidoux Dr, Riverside, CA 92501

Sale: $1,045,728

7/1/20250.20 mi

Area:2,658 sqft
Price/sqft:$393
Beds:4
Baths:3
Year Built:
Weight:18.3%
1782 Karley Way, Riverside, CA 92501

1782 Karley Way, Riverside, CA 92501

Sale: $625,000

3/7/20251.09 mi

Area:2,565 sqft
Price/sqft:$244
Beds:4
Baths:3
Year Built:
Weight:14.0%

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