tomo logo

$939,000

Beds
3
Baths
1.5
sq ft
2,640

4465 5th St, Riverside, CA 92501

4465 5th St

Riverside, CA 92501

  • <1 day on market
The Carl Derby Residence was built in 1910 and was designed by Riverside’s most prolific architect, George Stanley Wilson. Wilson is responsible for major additions to the Mission Inn Hotel and many of Riverside’s iconic civic structures, the RMA, Arlington Heights Fruit Exchange and the Aurea Vista Hotel, just to name a few. Early in his career he built several Craftsman homes, and this is a fantastic example of that period. This home has all the trademark features of a California Craftsman Bungalow. The clapboard siding, casement windows, wide eaves with protruding rafter tails and of course a full width, deep shade porch. Fifth Street, is lined with mature Magnolias and gorgeous turn-of-the-century homes that make your views from the porch as well as other rooms within the house so much more enjoyable. The Derby Home also has classic craftsman living spaces. A formal living room with wood burning fireplace, hardwood floors and a decorative box-beamed ceiling and a dining room lined with board and batton douglas fir, plate rails and a built-in buffet all stained in a rich dark brown. The kitchen was moved from the original location, expanded and remodeled while space was made to add a downstairs bathroom. The white shaker cabinets, quartz countertops and stainless appliances give it a modern feel while the checkered tile flooring and subway tile backsplash add that touch of vintage. There’s a small breakfast bar, great views of the back garden and it’s also well positioned in the home with great access to the rear porch, family room and dining room. On the second level there are three bedrooms a full bathroom and two spaces that would have been sleeping porches in the original design from 1910. Downstairs, there is also one more room, accessed through gorgeous french doors that was created by enclosing a portion of the wrap-around porch. One of my favorite features is the back garden. There are several patios to entertain larger groups, many mature fruit trees and of course a great pool and spa for the summer months ahead. I like that the rear patio gets fully shaded throughout the day and the mature oak tree is a constant reminder that you live in a stunning historic neighborhood. From here you are just a short walk to the heart of downtown riverside, a few minutes to the trails on Mount Rubidoux and also the lakes at Fairmount Park making this one of, if not the most walkable neighborhoods in the entire city of Riverside.

Details

Property type

Single Family Residence

Est. home value

$952,045

Lot size

7,841 sq ft

Price per sq ft

$356

Year built

1910

HOA

No

Price History

04/03/2025
CRMLS

CRMLS #IV25072875

Listed
$939,000
+17.38%
04/08/2021
CRMLS

CRMLS #IV21043584

Sold
$800,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Bryant

Middle school: 

Central

High school: 

Polytechnic

Community features: 

Curbs, Street Lights, Suburban, Sidewalks, Park

High school district: 

Riverside Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$179,585
Asking price
$939,000
Closing costs (~8% of asking)
-$75,120
Est. remaining loan balance
-$684,295
Cash to seller
$179,585

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2021

Original loan amount

$752,819

Est. remaining balance

$684,295

Interest rate

2.73%

Loan type

VA, 30 year

Seller

Donald Mayers

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/04/2025 at 5:25 AM

Listing updated: 04/03/2025 at 12:30 PM

Listed by: ANDREW VILLALOBOS, COLDWELL BANKER REALTY Phone #: (951) 682-1133

MLS: CRMLS #IV25072875

CRMLS logo

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