5
Bedrooms
Sold for $450,000 · Sep 2020
SOLDListed at $434,988
1638 Palermo Drive, Riverside, CA 92507
Riverside, CA
MLS# IG20117535
2,325 Sq Ft • Single Family Home5bd • 4ba
35 days on market
Listing Agent
Elizabeth Kristensen
Listing Agent
Premier Realty & Consulting
DRE #: 01214381
Brokerage: Premier Realty & Consulting
Property Details
4
Bathrooms
2,325 sqft
Square Feet
2007
Year Built
3,920 sqft
Lot Size
$194
Price/Sq Ft
2
Garage Spaces
$175/mo
HOA
Single Family Home
Property Type
Description
This community is a hidden gem in the midst of a well established area. Newer construction and green parkways is very rare in this area. This home has been modified to have 6 bedrooms (2 downstairs) and 3 bathroom. It was a previous rental home and was occupied by UCR students. Home has a large kitchen great room as well as a super spacious backyard. Upstairs boast a loft that can be used as an office or hang out area. An upstairs bedroom has access to the double door balcony area. To sit and do homework as you enjoy the sunshine. The Master bedroom is very large with a huge master bathroom. Separate tub and shower with dual sinks. All the counters in the home are a neutral Corian solid surface. Loads of closet space in the property as well. This home is great for the first time buyer or the savvy investor! check out the virtual tour in the link BACK ON THE MARKET!!!!
Listing description from the September 2020 sale, as reported to CRMLS.
Facts & Features
Details
- Stories
- 2
- Cooling
- CentralAir
- Heating
- Central
- View
- Neighborhood
Natural Hazard Information
Earthquake data is shown from a real public source (USGS)
Loading hazard data...
Sale history for 1638 Palermo Drive
3 recorded sales
$450,000
Sold September 2020 · listed $434,988, on market June 2020, 35 days on market · MLS #IG20117535 · Source: CRMLS
Listing Agent: Elizabeth Kristensen · Listing Office: Premier Realty & Consulting · Contact: 951-530-1600 · Bought with: Alan Wright · IFOC, Inc.
$355,000
Sold August 2016 · listed $360,000, orig. $398,000, on market June 2016, 72 days on market · MLS #TR16122127 · Source: CRMLS
Listing Agent: Ashley Lutran · Listing Office: Keller Williams Signature · Contact: 626-964-5500 · Bought with: Patricia Yau · IRN Realty
$335,000
Sold March 2016 · on market January 2016, 8 days on market · MLS #IV16008498 · Source: CRMLS
Listing Agent: RYAN DAY · Listing Office: SILVER BAY CALIFORNIA PROP. · Contact: 844-378-7917 · Bought with: Ashley Lutran · Keller Williams Signature
How this sale compares
1638 Palermo Drive sold for $450,000 in September 2020, 3.5% over its $434,988 list price, after 35 days on the market. That works out to $194 per square foot on 2,325 square feet. Across 213 closed sales in 92507 over the last 12 months, the median sold price is $600,000 and the median is $367 per square foot, 89% above this sale's $194.
$194
This sale, per sq ft
$367
92507 median per sq ft (12 mo)
$600,000
92507 median sold price (12 mo)
213
Closed sales in 92507 (12 mo)
35
Days on market
+3.5%
Sold vs. list price
| Quarter | Closed sales in 92507 | Median sold price |
|---|---|---|
| Q1 2026 | 15 | $545,000 |
| Q2 2026 | 70 | $587,500 |
| Q3 2026 | 105 | $618,000 |
| Q4 2026 | 23 | $648,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Riverside · Homes for sale in 92507
Recent sales near 1638 Palermo Drive
Sold $468,000SOLD2bd1ba1,128 sqft2022 BlenheimSold Oct 2026 · 0.1 miReal Broker | DRE #02081328Buyer's agent: Silvia Klapp, Real Broker | DRE #02081328
Sold $538,000SOLD4bd3ba1,819 sqft1785 CataniaSold Sep 2026 · 0.2 miRigby and Associates RE | DRE #02075254Buyer's agent: Anum Khan, Real Brokerage Technologies, Inc. | DRE #02225492
Sold $390,000SOLD3bd2ba1,152 sqft2530 GonzagaSold Aug 2026 · 0.7 mieXp Realty of Southern California Inc | DRE #01465682Buyer's agent: Monica Cornelius, Major League Properties | DRE #02005576
Sold $385,000SOLD3bd2ba1,170 sqft1411 Clemson waySold Sep 2026 · 0.7 mieXp Realty of Greater Los Angeles, Inc. | DRE #01969178Buyer's agent: Bijan Dastmalchian, Real Broker | DRE #02030882
Sold $81,000SOLD3bd2ba1,440 sqft1560 Massachusetts 89Sold Sep 2026 · 0.8 miNEW INNOVATION REAL ESTATE | DRE #01766750Buyer's agent: Matthew Ornelas, NEXT Brokerage | DRE #02050436
Sold $369,000SOLD2bd2ba1,024 sqft1333 WheatonSold Sep 2026 · 0.8 miTower Agency | DRE #01733557Buyer's agent: Harlene Dryden, REALTY ONE GROUP WEST | DRE #01920865
Sold $565,000SOLD2bd2ba940 sqft1164 Massachusetts AvenueSold Sep 2026 · 1.1 mieXp Realty of Southern Ca, Inc | DRE #02168325Buyer's agent: Chetna Nayyar, Coldwell Banker Envision | DRE #02235066
Sold $220,000SOLD2bd1ba534 sqft2162 5th StreetSold Sep 2026 · 1.2 miSUNSET HOMES REAL ESTATE | DRE #01924464Buyer's agent: MICHAEL HAKOPIAN, SUNSET HOMES REAL ESTATE | DRE #01924464
Closed sales reported in 92507, nearest first, last 12 months. All recent sales in Riverside →
Explore Riverside
CRMLS
MLS# IG20117535
Listed: 6/17/2020
© 2026 California Regional Multiple Listing Service, Inc. Based on information from the California Regional Multiple Listing Service, Inc. as of 9/30/2020. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.
IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.
Listed by: Premier Realty & Consulting
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.