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Sold for $487,000 on 06/15/23
  • Listing Provided by: 

    Justin Smith DRE #01934982 760-203-5230,

    Re/Max Desert Properties,

    THOMAS HARNESS DRE #01257423 951-774-1300,

    RE/MAX HORIZON

    Bought with: Tower Agency
    $487,000

    2542 Laramie Rd, Riverside, CA 92506

    3beds
    1,571sqft
    Condominium
    Built in 1978
    -- sqft lot
    $522,200 Zestimate®
    $310/sqft
    $2,941 Estimated rent

    Home value

    $522,200

    $491,000 - $554,000

    $2,941/mo

    Zestimate® history
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    What's special

    Welcome to Palm Terrace, this condo sits on a corner location so only one shared wall. With easy access to Riverside's vibrant amenities, including parks, shopping centers, and a variety of dining options. Embrace the outdoor enthusiast within you with nearby recreational activities such as hiking trails, biking paths, schools and more. Nice curb appeal with a gated front courtyard full of flowers. Step inside and be greeted by an inviting open floor plan, allowing natural light to cascade through the spacious living area. The seamless flow from the living room to the dining area creates the perfect space for entertaining friends and family, or simply enjoying cozy nights next to the accented fireplace. The condo boasts three generously sized bedrooms, providing ample space for a growing family, guests or even a home office with direct access to a side patio. HOA includes, pool, spa, and free RV, boat and trailer parking if needed. Conveniently located, don't miss the opportunity to make this corner unit condo your own. Experience the best of Riverside living in a home that combines comfort and convenience. Schedule a viewing today and seize the chance to call this place home!

    Zillow last checked: 8 hours ago

    Listing updated: March 31, 2025 at 11:57am

    Listing Provided by:

    Justin Smith DRE #01934982 760-203-5230,

    Re/Max Desert Properties,

    THOMAS HARNESS DRE #01257423 951-774-1300,

    RE/MAX HORIZON

    Bought with:

    SCOTT GIESER, DRE #01733557

    Tower Agency

    Source: CRMLS,MLS#: 219095486DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Forced Air
    Cooling
    • Has cooling: Yes
    Features
    • Flooring: Carpet, Tile
    • Has fireplace: Yes
    • Fireplace features: Family Room, See Remarks
    Interior area
    • Total interior livable area: 1,571 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Has private pool: Yes
    • Pool features: Community, In Ground
    • Spa features: Community, In Ground
    Lot
    • Size: 2,613 sqft
    Details
    • Parcel number: 223270054
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1978

    Community & neighborhood

    Community
    • Community features: Pool
    Location
    • Region: Riverside
    • Subdivision: Not Applicable-1

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $410 monthly
    • Amenities included: Maintenance Grounds, Management
    • Association phone: 951-481-8160

    Other

    Other facts
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    6/16/2023Pending sale$500,000+2.7%$318/sqft
    Source: CDAR/ Desert Area MLS #219095486
    6/15/2023Sold$487,000-2.6%$310/sqft
    Source: CRMLS #219095486DA
    6/7/2023Contingent$500,000$318/sqft
    Source: CDAR/ Desert Area MLS #219095486
    5/25/2023Listed for sale$500,000$318/sqft
    Source: CDAR/ Desert Area MLS #219095486

    Public tax history

    YearProperty taxesTax assessment
    2025$5,666 +3.4%$506,674 +2%
    2024$5,480 +152.1%$496,740 +150.1%
    2023$2,174 +1.9%$198,654 +2%

    Find assessor info on the county website

    Neighborhood: Victoria

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $522,200

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $522,200