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Sold for $750,000 · Jul 2024

SOLD

Listed at $799,900

Sold

4800 Somerset Drive, Riverside, CA 92507

Riverside, CA

MLS# IV24099620

2,881 Sq Ft • Single Family Home4bd • 3ba
27 days on market

Listing Agent

BRAD ALEWINE

Listing Agent

COMPASS

DRE #: 01104973

Brokerage: COMPASS

Property Details

4

Bedrooms

3

Bathrooms

2,881 sqft

Square Feet

1928

Year Built

0.57 acres

Lot Size

$260

Price/Sq Ft

2

Garage Spaces

N/A

HOA

Single Family Home

Property Type

Description

VICTORIA WOODS- VICTORIA CLUB VIEW AND FRONTAGE- Historic Somerset Drive with spectacular eastwardly view of the beautiful Victoria Club Golf Course, Lake and Club House, This 2 Spanish Revival has been configured and utilized as a single family home, Duplex and even a Triplex over the years. Enter the main level from the street to the massive formal living room with fireplace and wood beamed ceiling; large formal dining room with wet bar and floor to ceiling windows with access to the deck; Large island kitchen; A generous primary suite with walk-in closet spacious bath; Descend the stairway to the lower level where there are tow additional bedrooms and baths as well as large family room, two kitchenettes and a laundry room. The roomy grounds are split into three levels; The mid-level is the pool/spa (not currently in use) and sun-deck; The lover level is a Citrus Orchard potentially qualifying the property for an agricultural water rate from the City of Riverside Public Utilities. Tons of potential as a private residence or to live in part and secure additional income from one of the additional units or for pure income generating purposes.

Listing description from the July 2024 sale, as reported to CRMLS.

Facts & Features

Details

Stories
2
Pool
Yes
Cooling
CentralAir, Electric
Heating
Central, ForcedAir, NaturalGas
View
CityLights, GolfCourse, Hills, Mountains, Neighborhood, Panoramic, Pool, TreesWoods

Sale history for 4800 Somerset Drive

1 recorded sale

$750,000
Sold July 2024 · listed $799,900, orig. $999,900, on market May 2024, 27 days on market · MLS #IV24099620 · Source: CRMLS
Listing Agent: BRAD ALEWINE · Listing Office: COMPASS · Contact: 951-347-8832 · Bought with: Jaime Sutachan · South Bay Executive Realty, Inc.

How this sale compares

4800 Somerset Drive sold for $750,000 in July 2024, 6.2% under its $799,900 list price, after 27 days on the market. It was first listed at $999,900. That works out to $260 per square foot on 2,881 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, 41% above this sale's $260.

$260
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)
27
Days on market
−6.2%
Sold vs. list price
QuarterClosed sales in 92507Median sold price
Q1 202615$545,000
Q2 202670$587,500
Q3 2026105$618,000
Q4 202623$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 4800 Somerset Drive

Closed sales reported in 92507, newest first, last 12 months. All recent sales in Riverside →

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