Listing cover photo
1 / 1

7073 New Mexico, Riverside, CA 92506

$499K3bd · 2ba · 1,110 sqft
Lot 6,098 sqft•Single Family Residence•
Active
•34d on market•MLS# IG-26195915

Property Description

Discover a blend of comfort and convenience in this three-bedroom, two-bathroom home. Located in a peaceful, established neighborhood with no HOA restrictions, this property offers significant potential. The interior features modern laminate flooring throughout the main living areas and durable tile in the kitchen and dining space. The kitchen is highlighted by elegant granite countertops, suitable for meal prep and entertaining. Outside, enjoy a massive backyard on a large lot, ideal for outdoor projects, and the convenience of a two-car garage. Ideally situated near major shopping centers, this home is a must-see. Schedule your showing today!

Features & Amenities

FeeBuilt 1978

Property Details

Land Type
Fee
Year Built
1978
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
Flooring
Laminate, Tile
Roof
Tile
City
Riverside
Zip Code
92506
County
Riverside
Listed byUnknown Office, Gloria O'Brien

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,523.22
Principal & Interest
Loan Amount
$399,200
Total Interest
$509,158
Total Payment Over 30 Years
$908,358
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

7073 New Mexico, Riverside, CA 92506

Riverside · Single Family Residence

$499K
Affordable Tier
Beds
3
Baths
2
Sqft
1,110
Lot
6,098 sqft
Year
1978
$/Sqft
$450
Pool: No✓
Spa: No✓
Garage: 2-car✓

Listed 18.9% below the median closed sale of $615,000. Price per sqft ($450) is a 12% discount to closed comps ($512).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $499K· $450/sqft
Total list price
Closed comps
vs closed median $615K
−$116K (−18.9%)
Active comps
vs active median $550K
−$51K (−9.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $550
−$100 (−18.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
7940 Citadel CourtRiverside1971321,0003,920$549$549,000592
8107 LinaresRiverside1985311,0063,920$517$520,000486
3496 CrowellRiverside1954321,0389,583$530$550,000485
5630 DeweyRiverside1953321,0386,970$535$555,00012682
8437 BruceRiverside1953319547,405$621$592,0004680
Total: 5 · Average3.01.61,007.26,359.6$550.4$553,20037
Median1,006$550,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
4263 BaggettRiverside197810/05/2026321,1106,534$615,000$615,000$5541.004199
10372 Adriana AvenueRiverside197810/08/2026321,1007,841$575,000$600,000$5451.046298
2969 Crestwood PlaceRiverside197509/30/2026321,0007,405$629,995$629,995$6301.0018994
6864 Olympia DRRiverside197609/25/2026321,3125,227$510,000$475,000$3620.933092
8478 WilliamsburgRiverside197810/02/2026321,3407,841$625,000$630,000$4701.012891
Total: 5 · Average3.02.01,172.46,969.6$589,999$589,999$512.2—70
Median1,110$615,000$615,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.