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$560,000

Beds
3
Baths
1.0
sq ft
1,166

6559 Marguerita Ave, Riverside, CA 92506

6559 Marguerita Ave

Riverside, CA 92506

  • 17 days on market
Charming Mid-Century 1950s Home – Remodeled & Move-In Ready! Step into the timeless appeal of this 1950s mid-century home, where vintage character meets modern convenience. With 3 bedrooms PLUS a spacious bonus room, this thoughtfully updated home is perfect for those who appreciate classic design with a fresh touch. Inside, the bright and inviting living room features large picture windows that fill the space with natural light. The cozy galley kitchen has been tastefully updated with sleek countertops, stylish cabinetry, offering everything you need in a compact, efficient layout. The adjacent dining space is perfect for meals or casual gatherings. Outside you will discover a beautifully landscaped, drought-tolerant yard, designed for effortless enjoyment. Native plants, succulents, and stone pathways create a serene outdoor space that requires minimal maintenance. The open backyard is perfect for relaxing under the sun, gardening, or setting up your ideal entertaining space. This move-in-ready gem is located in the Poly High School district and within walking distance to Washington Elementary and Gage Middle School. Located in a desirable neighborhood close to shopping, dining, this charming mid-century gem is ready to welcome you home.

Details

Property type

Single Family Residence

Est. home value

$500,426

Property condition

Updated/Remodeled

Lot size

6,970 sq ft

Price per sq ft

$481

Year built

1952

HOA

No

Price History

02/07/2025
CRMLS

CRMLS #IV25028236

Listed
$560,000
+8.74%
09/13/2023
CRMLS

CRMLS #EV23147273

Sold
$515,000

Schools & Community

Neighborhood: 

Victoria

Elementary school: 

Washington

Middle school: 

Gage

High school: 

Polytechnic

Community features: 

Suburban

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

$205,265
Asking price
$560,000
Closing costs (~8% of asking)
-$44,800
Est. remaining loan balance
-$309,935
Cash to seller
$205,265

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

Seller’s Loan History

Lender

Direct Mortgage Corp

Loan start date

August 2023

Original loan amount

$315,000

Est. remaining balance

$309,935

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Cora Arutyunyan

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?

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Status: Active

Tomo last checked: 02/24/2025 at 1:25 PM

Listing updated: 02/22/2025 at 11:19 AM

Listed by: ANDREA JENNINGS, ANDREA JENNINGS, RE/MAX HORIZONRE/MAX HORIZON Phone #: (951) 684-3000

MLS: CRMLS #IV25028236

CRMLS logo

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