Listed by CHERYL SMITH, Tower Agency, (951) 369-8002 . Bought with Excellence RE Real Estate Inc.
240 Stephens Ave
Riverside, CA 92501
- 3 Beds
- 2 Baths
- 1,287 sqft
3 Beds
2 Baths
1,287 sqft
Home Value
Trulia Estimate
$532KSince last month
Decreased$2K (-0.4%)Since last year
Decreased$2K (-0.4%)Since last sale
Increased$35K (+7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +155% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $535K |
| July 2026 | $537K |
| June 2026 | $538K |
| May 2026 | $541K |
| April 2026 | $539K |
| March 2026 | $538K |
| February 2026 | $536K |
| January 2026 | $532K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.01 | Single-Family Home | $506,000 | 04/22/26 | 3 | 1 | 912 | |
0.17 | Single-Family Home | $525,000 | 09/18/25 | 4 | 2 | 1,404 | |
0.18 | Single-Family Home | $590,000 | 08/14/26 | 4 | 2 | 1,404 | |
0.26 | Single-Family Home | $575,000 | 09/26/25 | 6 | 2 | 1,404 | |
0.33 | Single-Family Home | $560,000 | 06/30/26 | 4 | 1.5 | 1,261 | |
0.42 | Single-Family Home | $480,000 | 02/23/26 | 3 | 2 | 1,404 | |
0.61 | Single-Family Home | $590,000 | 09/12/25 | 3 | 2 | 1,404 | |
0.62 | Single-Family Home | $505,000 | 08/06/26 | 3 | 2 | 1,140 | |
0.48 | Single-Family Home | $480,000 | 07/07/26 | 3 | 1 | 824 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $506,000 | 3 | 1 | 912 | Recently Sold | |
0.06 | $522,800 | 3 | 2 | 1,016 | Off Market | |
0.14 | $166,000 | 3 | 2 | 1,440 | Off Market | |
0.14 | $163,700 | 4 | 2 | 1,440 | Off Market | |
0.14 | $188,600 | 4 | 2 | 1,344 | Off Market | |
0.14 | $179,600 | 3 | 2 | 960 | Off Market | |
0.14 | $189,800 | 4 | 2 | 1,440 | Off Market | |
0.14 | $166,300 | 3 | 2 | 1,534 | Off Market | |
0.14 | $207,800 | 4 | 2 | 1,344 | Off Market | |
0.16 | $450,000 | - | - | - | For Sale | |
0.16 | - | - | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1948
Living Area
1,287 sqft
Price/Sqft
$413
Parking
2 Parking Spaces
HOA
None
About this House
Welcome to 240 Stephens! This charming 3-bedroom, 2-bath home seamlessly combines classic appeal with modern comforts with the possibility of adding an ADU. Nestled within a drought friendly landscape, fruit and shade trees, this home exudes warmth and character from the moment you arrive.
Step inside to discover an inviting living space that has been updated with a permitted primary suite addition with walk-in closet, bathroom and laundry room. The open-concept design effortlessly connects the cozy living room, perfect for relaxation and ideal for hosting gatherings and creating lasting memories. The well-appointed kitchen boasts a harmonious blend of functionality and style. Gleaming quartz countertops provide ample workspace with stainless steel appliances.
The primary bedroom suite is a serene haven featuring contemporary laminate flooring, spacious walk-in closet and an ensuite bath. Two additional bedrooms equally comfortable await down the hallway, accompanied by a second well-appointed bathroom.
Outdoor living is a delight with a private backyard retreat that beckons for relaxation and entertainment. The landscaped garden is an oasis of tranquility, offering the perfect backdrop for gardening, or simply unwinding amidst nature's beauty.
Other notable features of this home include a dedicated laundry area, NEWER 3-ton HVAC system with Eco B smart thermostat, newer ducting throughout, newer attic insulation and radiant barrier, UPDATED electrical panel to 220 V, laminate flooring throughout, rain gutters installed in front and back, and stained privacy fence throughout backyard. The new owner can utilize the plans to add a detached garage (252 sq. ft) with electrical.
Located within close proximity to UCR and the 215 fwy. access, this residence combines comfort with convenience, making it an ideal choice for those seeking a haven to call home. Don't miss the opportunity to own this charming 3-bedroom, 2-bath abode, where timeless elegance meets modern living.
Step inside to discover an inviting living space that has been updated with a permitted primary suite addition with walk-in closet, bathroom and laundry room. The open-concept design effortlessly connects the cozy living room, perfect for relaxation and ideal for hosting gatherings and creating lasting memories. The well-appointed kitchen boasts a harmonious blend of functionality and style. Gleaming quartz countertops provide ample workspace with stainless steel appliances.
The primary bedroom suite is a serene haven featuring contemporary laminate flooring, spacious walk-in closet and an ensuite bath. Two additional bedrooms equally comfortable await down the hallway, accompanied by a second well-appointed bathroom.
Outdoor living is a delight with a private backyard retreat that beckons for relaxation and entertainment. The landscaped garden is an oasis of tranquility, offering the perfect backdrop for gardening, or simply unwinding amidst nature's beauty.
Other notable features of this home include a dedicated laundry area, NEWER 3-ton HVAC system with Eco B smart thermostat, newer ducting throughout, newer attic insulation and radiant barrier, UPDATED electrical panel to 220 V, laminate flooring throughout, rain gutters installed in front and back, and stained privacy fence throughout backyard. The new owner can utilize the plans to add a detached garage (252 sq. ft) with electrical.
Located within close proximity to UCR and the 215 fwy. access, this residence combines comfort with convenience, making it an ideal choice for those seeking a haven to call home. Don't miss the opportunity to own this charming 3-bedroom, 2-bath abode, where timeless elegance meets modern living.
240 Stephens Ave, Riverside, CA 92501 is a 3 bedroom, 2 bathroom, 1,287 sqft single-family home built in 1948. It last sold for $500,000 on Sep 14, 2023 (4% above the $480,000 asking price). More recently, it was listed as a rental in February 2024 with an asking price of $2,800 per month. That rental listing was removed on February 23, 2024. It is currently off market. The Trulia Estimate is $531,800, with a rent estimate of $3,019/month.
Home Details for 240 Stephens Ave
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Interior Details Number of Rooms: 8Types of Rooms: Master Bedroom, Master Bathroom, Bathroom, Kitchen, Laundry, Living Room, Other |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2 |
Dimensions and Layout Living Area: 1287 Square Feet |
Appliances & Utilities Utilities: Electricity Connected, Natural Gas Connected, Water ConnectedAppliances: Dishwasher, Gas Cooktop, Water HeaterDishwasherLaundry: Inside |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa Fireplace: NoneSpa: NoneNo FireplaceNo Spa |
Windows, Doors, Floors & Walls Flooring: LaminateCommon Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Levels: OneEntry Location: frontFloors: Laminate |
View Has a ViewView: Mountain(s), Neighborhood |
Security Security: Smoke Detector(s) |
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Exterior Home Features Roof: CompositionPatio / Porch: Concrete, Front Porch, PatioFencing: Block, WoodNo Private Pool |
Parking & Garage Open Parking Spaces: 2No GarageNo Attached GarageParking Spaces: 2Parking: Driveway |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Septic Type Unknown |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 7 |
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Year Built Year Built: 1948 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: House |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Condition: TurnkeyNot Included in Sale: washer, dryer and fridge, security camerasIncluded in Sale: detached fireplace, shed, ring doorbellParcel Number: 246123005 |
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Price List Price: $480,000 |
Status Change & Dates Off Market Date: Thu Sep 14 2023Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: Riverside |
School Information Jr High / Middle School: UniversityHigh School: NorthHigh School District: Riverside Unified |
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Community Features: CurbsNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 8276 sqft |
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Special Conditions: Standard |
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Contingencies: Standard contract contingenciesListing Terms: Cash, Cash to New Loan, Conventional, FHA, Submit, VA Loan |
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Mls Number: IV23147774Living Area Range Units: Square FeetActivation Date: Fri Aug 11 2023Common Interest: NoneStart Showing Date: Fri Aug 11 2023Universal Property Id: US-06065-N-246123005-R-N |
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Curbs |
Last check for updates: about 2 hours ago
Listed by CHERYL SMITH DRE #01392399
Tower Agency
Bought with: MARIA TINOCO DRE #01197540, Excellence RE Real Estate Inc.
Originating MLS: California Regional MLS
Source: CRMLS, MLS#IV23147774

Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 23, 2024 Source: CRMLS #IV23227441 | ListingRemoved | |
Feb 10, 2024 Source: CRMLS #IV23227441 | Listed For Rent | $2,800 |
Sep 14, 2023 Source: CRMLS #IV23147774 | Sold | $500,000 |
Aug 19, 2023 Source: CRMLS #IV23147774 | Contingent | $480,000 |
Aug 11, 2023 Source: CRMLS #IV23147774 | Listed For Sale | $480,000 |
Dec 6, 2013 Source: N/A | Sold | $180,000 |
Oct 31, 2013 Source: Agent Provided | Listed For Sale | $175,000 |
Jul 11, 2013 Source: N/A | Sold | $119,100 |
Mar 10, 2011 Source: N/A | Sold | $80,000 |
Sep 7, 2006 Source: N/A | Sold | $309,000 |
Sep 28, 2001 Source: N/A | Sold | $100,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $520,200 |
Home facts updated by county records
Market trends in Riverside
Last updated July 2026
Avg. sale price
$657K
$6.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$382
$2MoM
Available listings
697
15MoM
Around this home
What Locals Say about Riverside
At least 2701 Trulia users voted on each feature.
81 % Say it's dog friendly
81 % Say car is needed
80 % Say there are sidewalks
77 % Say yards are well-kept
73 % Say there's holiday spirit
72 % Say parking is easy
66 % Say streets are well-lit
60 % Say it's walkable to grocery stores
59 % Say it's quiet
57 % Say kids play outside
55 % Say people would walk alone at night
54 % Say it's walkable to restaurants
54 % Say they plan to stay for at least 5 years
48 % Say neighbors are friendly
44 % Say there's wildlife
23 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
Homes for sale near 240 Stephens Ave
Off Market Homes Near 240 Stephens Ave
Frequently asked questions about 240 Stephens Ave
- What is 240 Stephens Ave estimated to be worth?Trulia's estimated value for 240 Stephens Ave in Riverside, CA is $531,800.
- What is the price history for 240 Stephens Ave?240 Stephens Ave in Riverside, CA last sold for $500,000 in September 2023.
- Is Riverside a buyer's or seller's market?Riverside is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Riverside?The median sale price in Riverside is $657K. That is up $6.67K from the prior month.
- Does 240 Stephens Ave have air conditioning?Yes, 240 Stephens Ave in Riverside, CA has air conditioning.
- Does 240 Stephens Ave have laundry facilities?Yes, 240 Stephens Ave in Riverside, CA has laundry facilities.

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 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.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-18 07:42:57 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-18 07:42:57 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information