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2656 Laramie Road, Riverside, CA 92506

$625K2bd · 3ba · 2,030 sqft
Lot 3,049 sqft•HOA $535/mo•Single Family Residence•
Active
•6d on market•MLS# IV-26218275

Property Description

VICTORIA AVENUE! – SPACIOUS LIVING WITH A CASUAL CAREFEE LIFESTYLE! Looking for room to spread out without all the exterior maintenance that comes with a traditional home? This 2,030-square-foot, single-story townhome offers an appealing combination of space, comfort, and convenience. Whether you're busy with work and family, enjoy traveling, or simply want more time to do the things you love, this home is worth a closer look! High ceilings and abundant natural light enhance the spacious interior, featuring a generous living room with a gas fireplace, a large separate dining area, and three private patios for morning coffee, outdoor dining, or relaxing in the fresh air. Originally designed as a two-bedroom home with a den/office, the flexible floor plan offers the option of using the office as a third bedroom. An attached two-car garage adds everyday convenience. Located in the desirable Palm Terrace Townhomes community, an enclave of just 45 homes off Victoria Avenue, this property comes with an HOA that covers an extensive list of services and maintenance. These include insurance on the physical structure, roof maintenance and repairs, exterior painting, siding repairs, the community pool and restroom facilities, a gated RV lot, weekly front yard landscaping and water, and maintenance of the common areas. With so much exterior upkeep covered, you can spend less time worrying about those responsibilities and more time enjoying your home and your life. The sellers have made numerous significant improvements since 2024, including a full-home water re-pipe, new HVAC system and ductwork, removal of the old attic insulation and installation of new blown-in insulation, a new QuietCool whole-house fan, updated interior and exterior lighting, relocation of the laundry from the garage into the home, fresh interior paint, bathroom updates, drywalled the garage interior and epoxied the floor, and more! The community offers a mix of working professionals, families and retirees with convenient access to freeways, schools, churches, shopping, and other everyday amenities. One more important detail: this property is classified as a single-family residence/PUD rather than a condominium, which may provide additional financing options depending on the lender and loan program. Space to live comfortably, private patios to enjoy the outdoors, meaningful recent improvements for an easy-living lifestyle—all in one convenient location. Come take a look!

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, Fireplace(s)
Cooling
Central Air
Flooring
Tile, Wood
Roof
Shingle, Composition
City
Riverside
Zip Code
92506
County
Riverside
Listed byUnknown Office, NATALIE JOHNSON

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,160.34
Principal & Interest
Loan Amount
$500,000
Total Interest
$637,722
Total Payment Over 30 Years
$1,137,722
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

Residential Tier · 5 active · 5 closed

2656 Laramie Road, Riverside, CA 92506

Riverside · Single Family Residence

$625K
Residential Tier
Beds
2
Baths
3
Sqft
2,030
Lot
3,049 sqft
Year
1978
$/Sqft
$308
Pool: Yes✓
Spa: Yes✓
Garage: 2-car✓

Listed 10.7% below the median closed sale of $699,990. Price per sqft ($308) is a 15% discount to closed comps ($364). Closed comps sold at 100% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $625K· $308/sqft
Total list price
Closed comps
vs closed median $700K
−$75K (−10.7%)
Active comps
vs active median $540K
+$85K (+15.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $321
−$13 (−3.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
19121 Broken BowRiverside1994331,7083,049$345$589,00012985
10104 Gould StreetRiverside2006331,6912,614$316$535,00011179
4456 Leonard CourtRiverside2006331,6602,178$331$550,0001778
10128 Camino De RosaRiverside2017331,7002,614$318$539,99918278
1763 Agrigento AvenueRiverside2007331,7092,178$293$499,90014577
Total: 5 · Average3.03.01,693.62,526.6$320.6$542,779.8116.8
Median1,700$539,999

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
7187 Flourish StreetRiverside202610/02/2026332,1323,055$699,990$699,990$3281.0016587
7690 Terra ManorRiverside202309/30/2026332,0634,792$655,000$648,000$3140.995678
1179 LyndhurstRiverside196309/29/2026332,17616,552$899,900$925,000$4251.036173
2651 Victoria ParkRiverside198509/21/2026321,7505,663$605,000$612,200$3501.014772
6760 RoanoakRiverside197809/18/2026321,80610,454$739,000$730,000$4040.993771
Total: 5 · Average3.02.61,985.48,103.2$723,038$723,038$364.2—73.2
Median2,063$699,990$699,990

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.