ActiveResidential · sale

16511 Key Lime

Riverside, CA 92503

$1,299,999

  • 5 beds
  • 3 baths
  • 3,823 sq ft
  • 0.42 acres
  • Built 2020

Listed by COMPASS · MLS #IV26129608

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2020.

Garage parking

3 garage spaces listed.

Property size

0.42 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

CITRUS HEIGHTSVICTORIA GROVE This remakable home sits atop a gorgeous hillside encircled with provisions of panoramic VIEWSa backdrop of nature by day twinkling lights for miles by night Sunset is truly GLORIOUS This charming yet luxurious Craftsman Era inspired architecture exemplifies exuberant living where the main living level contains an impressive family room inclusive of stately finishes of wroughtiron banisters a beautiful fireplace that shares proximity with a gourmet kitchen This kitchen island is DREAMYequipped with matching stainless appliances a 5burner stove top exquisite counter space double oven plus a dignified walkin pantry All makes a statement that you have gourmet on the menu So many aspects to consider a vast ceiling multitude of oversized windows spacious dining area sliders to sit out on two patios one being a California Patio Room to feel those breezy feels enjoy tranquility next to your builtin fireplace Utmost importance to note is the mothernlawguest retreat ensuite A separate formal familydiningoffice that can easily be converted to another bedroom Ascend the stairs to 4 more bedrooms a nice loftbonus roomthat is perfect for a family theater system or a pool table spot Massive master bedroom ensuite large retreatoffice adjoining The Master Bath features a sitting vanity elongated sink counters spalike soaking tub overlooking views a stand alone shower a closet room fit for royalty with this size The upstairs laundry room is not just functional but impressively spacious with custom shelving and utility sink The professionally designed backyard and monies spent were over 100Kit comes with premium turf that is not only sophisticated but is engineered with Cool Blade technologies that is safer for temps for children pets also specialized absorbent drainage with GeoGrid stabilization that is nontoxic Come garden your very own perfected garden boxes and drip system ready for cultivating farm fresh fruitveggies Plenty of room for a beautiful pool and room to do SO much more with RVboat parking too Some community amenities included a playground dog park walking trails throughout the neighborhood and even some citrus groves sprinkled around the beautiful community Close to 91 21560 frwys shopping all near top performing Universities You will feel the homesweethome love welcomeness in this home so come and enjoy we cant wait to see you

THE NEIGHBORHOOD

Explore the location.

16511 Key Lime, Riverside, CA 92503

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2020
Full baths
3
Garage spaces
3
Cooling
CentralAir,WholeHouseFan,Zoned
Heating
Central,Fireplaces,NaturalGas,Solar
Appliances
DoubleOven,Dishwasher,Freezer,GasCooktop,Disposal,GasOven,IceMaker,Microwave,Refrigerator,RangeHood,TanklessWaterHeater,VentedExhaustFan,WaterToRefrigerator,WaterHeater
Flooring
Carpet,Tile,Wood
Utilities
ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Fencing
Block,WroughtIron
Accessibility
AccessibleDoors
Pool
No
Pool features
None
Spa
No
Parcel
269620002
HOA
Citrus
HOA amenities
DogPark,Playground,Trails
HOA fee frequency
Monthly
HOA fee
$199.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$5,416.66
Cap rate

Annual operating income:

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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16511 Key Lime, Riverside, CA 92503 · MLS #IV26129608

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Listing information

MLS #IV26129608 · California Regional MLS

Listing brokerage: COMPASS
Listing agent: COLLEEN GRIGGS

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.