Come to check out this corner lot property at a tree lined newer community at 92507. It has a welcoming front porch. When you open the front door, it is a good size living room. Part of the family room is converted into a bonus room. Still you have a nice area for dining by the side of the well lit kitchen. All the other 3 bedrooms are located upstairs along with the laundry room for your convenience. The master suit has a dual vanity, large walk-in closet, and a separate shower and tub. It has a larger backyard than most of the units in the same community. Home owner turns it into a petite farmland, apples, lemon, dragon fruit, jujube, guava, corn, chili, tomatoes.... . HOA takes care of front yard maintenance. Conveniently located less than 5 mins from UCR and downtown Riverside. Easy access to the 60, 91, and 215 freeways.
Sold for $545,000
Listed by: A-Z REALTY & INVESTMENT CORP • DONGYAN ZHENG • Contact: 310-897-1393
Bought with: JAMIL ALAM, BROKER
$545,000
1662 Palermo Dr, Riverside, CA 92507
3beds
1,657sqft
Single Family Residence
Built in 2007
4,356 Square Feet Lot
$550,200 Zestimate®
$329/sqft
$3,069 Estimated rent
Home value
$550,200
$501,000 - $605,000
$3,069/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
DONGYAN ZHENG DRE #01714735 714856-6281,
A-Z REALTY & INVESTMENT CORP
Bought with:
Michael Luna, DRE #01878980
JAMIL ALAM, BROKER
Source: CRMLS,MLS#: WS25271554
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Bonus Room, Kitchen, Laundry
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Upper Level
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,657 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 4,356 Square Feet
- Features: Corner Lot
Details
- Parcel number: 210220040
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Park, Street Lights, Urban
HOA
- Has HOA: Yes
- Amenities included: Maintenance Front Yard
- HOA fee: $200 monthly
- HOA name: Aldea Village
- HOA phone: 855-403-3852
Location
- Region: Riverside
Financial & listing details
- Price per square foot: $329/sqft
- Tax assessed value: $366,739
- Annual tax amount: $5,592
- Date on market: 12/5/2025
- Cumulative days on market: 19 days
- Listing terms: Cash,Cash to New Loan,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2026 | Price change | $1,000-16.7%$1/sqft |
Source: CRMLS #IG26086967 Report a problem | ||
| 4/29/2026 | Price change | $1,200-73.3%$1/sqft |
Source: CRMLS #IG26086967 Report a problem | ||
| 4/22/2026 | Listed for rent | $4,500$3/sqft |
Source: CRMLS #IG26086967 Report a problem | ||
| 3/27/2026 | Listing removed | $4,500$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/12/2026 | Listed for rent | $4,500$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/28/2026 | Sold | $545,000-0.9%$329/sqft |
Source:  CRMLS #WS25271554 Report a problem | ||
| 12/24/2025 | Contingent | $549,999$332/sqft |
Source: CRMLS #WS25271554 Report a problem | ||
| 12/5/2025 | Listed for sale | $549,999-13%$332/sqft |
Source: CRMLS #WS25271554 Report a problem | ||
| 8/29/2016 | Sold | $632,000+100.6%$381/sqft |
Source: Public Record Report a problem | ||
| 7/18/2016 | Pending sale | $315,000$190/sqft |
Source: Keller Williams Corona Realty #TR16145564 Report a problem | ||
| 7/6/2016 | Listed for sale | $315,000+73.1%$190/sqft |
Source: Keller Williams Corona Realty #TR16145564 Report a problem | ||
| 10/25/2011 | Sold | $182,000+43.7%$110/sqft |
Source: Public Record Report a problem | ||
| 5/4/2011 | Sold | $126,637-82.8%$76/sqft |
Source: Public Record Report a problem | ||
| 3/29/2007 | Sold | $738,000$445/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,592 +2.7% | $366,739 +2% |
| 2024 | $5,443 +0.3% | $359,549 +2% |
| 2023 | $5,424 +1.9% | $352,500 +2% |
| 2022 | $5,321 +1.5% | $345,589 +2% |
| 2021 | $5,245 +1.1% | $338,813 +1% |
| 2020 | $5,187 +2% | $335,340 +2% |
| 2019 | $5,087 +1.5% | $328,766 +2% |
| 2018 | $5,014 +1.3% | $322,320 +2% |
| 2017 | $4,949 | $316,000 +63.6% |
| 2016 | $4,949 +40.7% | $193,104 +1.5% |
| 2015 | $3,518 -1.7% | $190,205 +2% |
| 2014 | $3,579 | $186,481 +1.9% |
| 2013 | -- | $183,000 +0.5% |
| 2012 | -- | $182,000 +12.3% |
| 2011 | -- | $162,000 -1.8% |
| 2010 | -- | $165,000 -14.5% |
| 2009 | -- | $193,000 -30.6% |
| 2008 | -- | $278,000 +41.3% |
| 2007 | -- | $196,693 +797.1% |
| 2006 | -- | $21,925 |
Find assessor info on the county website
Neighborhood: Hunter Industrial Park
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Nearby schools
GreatSchools rating
- 4/10Highgrove Elementary SchoolGrades: K-6Distance: 2 mi
- 5/10University Heights Middle SchoolGrades: 7-8Distance: 1.1 mi
- 5/10John W. North High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$550,200
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Estimated market value
$550,200
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