OFF MARKET

Off market jun 2023 for $487K

$524,030

Est. refi paymentEst. refi $3,238/mo

•

1,571

sq ft

2542 Laramie Rd Rd, Riverside, CA 92506

About this home

Welcome to Palm Terrace, this condo sits on a corner location so only one shared wall. With easy access to Riverside's vibrant amenities, including parks, shopping centers, and a variety of dining options. Embrace the outdoor enthusiast within you with nearby recreational activities such as hiking trails, biking paths, schools and more. Nice curb appeal with a gated front courtyard full of flowers. Step inside and be greeted by an inviting open floor plan, allowing natural light to cascade through the spacious living area. The seamless flow from the living room to the dining area creates the perfect space for entertaining friends and family, or simply enjoying cozy nights next to the accented fireplace. The condo boasts three generously sized bedrooms, providing ample space for a growing family, guests or even a home office with direct access to a side patio. HOA includes, pool, spa, and free RV, boat and trailer parking if needed. Conveniently located, don't miss the opportunity to make this corner unit condo your own. Experience the best of Riverside living in a home that combines comfort and convenience. Schedule a viewing today and seize the chance to call this place home!

CondoProperty Type

1978Year Built

2,613 sq ftLot Size

$334Est. Price/Sq.Ft.

2 garage spacesParking

Listed by Justin Smith •DRE #01934982 • Re/Max Desert Properties

Redfin checked: 2 minutes ago

•Source:GPSMLS #219095486

Redfin Estimate

$524,030

$37K since sold in June 2023$2,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9.9% lower than the average sale price ($582K) of 6 comparable homes.

SOLD OCT 20, 2026
$550,000
A
3 beds2 baths1,537 sq ft
6624 Banyan, Riverside, CA 92506
WESTCOE REALTORS INC
SOLD JUN 1, 2026
$569,000
B
3 beds2 baths1,537 sq ft
2655 Doubletree, Riverside, CA 92506
WESTCOE REALTORS INC
SOLD SEP 30, 2026
$592,000
C
3 beds2 baths1,764 sq ft
740 Via Zapata, Riverside, CA 92507
SOLD AUG 7, 2026
$615,000
D
4 beds2 baths1,792 sq ft
2663 Doubletree, Riverside, CA 92506
WESTCOE REALTORS INC
SOLD AUG 24, 2026
$605,000
E
3 beds2 baths1,764 sq ft
742 Via Zapata, Riverside, CA 92507
SOLD MAY 18, 2026
$560,000
F
2 beds2 baths1,600 sq ft
7057 Poco Senda, Riverside, CA 92504

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Earn from this home

Sell

$126,866

Est. take-home

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Refinance

Est. cash available

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Rent

$2,399/mo

Redfin rental estimate

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Market trends in 92506, CA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.7%

+0.3% MoM

Median sale price

$710K

$5K MoM

Avg. days on market

41d

0 days MoM

Recently sold homes

114

25 MoM

New listings for sale

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SHORT SALE
$400,000
2 beds2 baths1,182 sq ft
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Tower Agency
OPEN TODAY, 12PM TO 3PM
$1,180,000
3 beds2 baths2,400 sq ft
5107 Victoria Ave, Riverside, CA 92506
OPEN TODAY, 1PM TO 4PM
$624,900
3 beds2 baths1,351 sq ft
2855 Ronald St, Riverside, CA 92506
See all

Provided by Redfin

Sale history for 2542 Laramie Rd Rd

Year

Property tax

Land + Additions

Assessment*

2025

$5,666 (+3.4%)

$53,060 + $463,747

$516,807

2024

$5,480 (+152.1%)

$52,020 + $454,654

$506,674

2023

$2,174 (+1.9%)

$51,000 + $445,740

$496,740

2022

$2,132 (+0.9%)

$36,775 + $161,879

$198,654

2021

$2,114 (+0.8%)

$36,054 + $158,705

$194,759

2020

$2,097 (+1.8%)

$35,348 + $155,594

$190,942

2019

$2,061 (+2.0%)

$34,986 + $153,999

$188,985

2018

$2,020 (+1.9%)

$34,300 + $150,980

$185,280

2017

$1,983 (+6.9%)

$32,969 + $145,118

$178,087

2016

$1,855 (+1.4%)

$32,969 + $145,118

$178,087

2015

$1,829 (+0.6%)

$32,323 + $142,273

$174,596

2014

$1,818 (+0.5%)

$31,216 + $137,393

$168,609

2013

$1,809 (+2.5%)

$31,216 + $137,393

$168,609

2012

$1,765 (+1.8%)

$31,076 + $136,773

$167,849

2011

$1,734 (+1.0%)

$30,467 + $134,092

$164,559

2010

$1,718 (+0.2%)

$29,870 + $131,463

$161,333

2009

$1,714 (+3.0%)

$29,648 + $130,482

$160,130

2008

$1,665

$29,719 + $130,793

$160,512

Tax history for 2542 Laramie Rd Rd

Year

Property tax

Land + Additions

Assessment*

2025

$5,666 (+3.4%)

$53,060 + $463,747

$516,807

2024

$5,480 (+152.1%)

$52,020 + $454,654

$506,674

2023

$2,174 (+1.9%)

$51,000 + $445,740

$496,740

2022

$2,132 (+0.9%)

$36,775 + $161,879

$198,654

2021

$2,114 (+0.8%)

$36,054 + $158,705

$194,759

2020

$2,097 (+1.8%)

$35,348 + $155,594

$190,942

2019

$2,061 (+2.0%)

$34,986 + $153,999

$188,985

2018

$2,020 (+1.9%)

$34,300 + $150,980

$185,280

2017

$1,983 (+6.9%)

$32,969 + $145,118

$178,087

2016

$1,855 (+1.4%)

$32,969 + $145,118

$178,087

2015

$1,829 (+0.6%)

$32,323 + $142,273

$174,596

2014

$1,818 (+0.5%)

$31,216 + $137,393

$168,609

2013

$1,809 (+2.5%)

$31,216 + $137,393

$168,609

2012

$1,765 (+1.8%)

$31,076 + $136,773

$167,849

2011

$1,734 (+1.0%)

$30,467 + $134,092

$164,559

2010

$1,718 (+0.2%)

$29,870 + $131,463

$161,333

2009

$1,714 (+3.0%)

$29,648 + $130,482

$160,130

2008

$1,665

$29,719 + $130,793

$160,512

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

1979

Sq. Ft.

1,571

Year built

1978

Style

Condo/Co-op

County

Riverside County

APN

223270054

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Nov 4, 2026.

R-1-13000

Single Family Residential Zone

Additional Single-family Residential Zones (R-1-1/2 Acre, R-1-13000, R-1-10500, R-1-8500 and R-1-7000) are established to provide areas for single-family residences with a variety of lot sizes and housing choices.

Permitted uses

Include but are not limited to:

Agriculture
Greenhouse / nursery
Ranch
Housing-Group
Housing-Single unit
Housing-Other
Agriculture-Cropland
Agriculture-Grove / orchard / vineyard

Property details

Parking

Parking and Garage Information
Total Parking Spaces: 4
Parking: Driveway
Has Garage
Garage Description: Attached
Total Garage Spaces: 2
Total Uncovered/Assigned Spaces: 2

Interior

Bathroom Information
Full Baths: 2

Room Information
Rooms: Family Room

Interior Features
Furnished: Unfurnished

Fireplace Information
Has Fireplace(s)
Total Fireplaces: 1
Fireplace Features: Other
Fireplace Location: Family Room

Flooring
Carpet, Tile

Heating & Cooling
Heating Type: Central, Forced Air
Cooling Type: Air Conditioning

Exterior

Building Information
Building # of Stories: 1
Year Built Source: Assessor
Levels: One, Ground

Exterior Features
Security Safety: Other

Pool Information
Has Pool
Pool Location: Community
Pool Description: Community
Pool Construction: In Ground
Has Spa/Hot Tub
Spa/Hot Tub Description: Community
Spa/Hot Tub Construction: In Ground

Land Information
Land Type: Fee
Land Type: Fee Simple

Lot Information
Lot Size Source: Assessor

Property Features
Sq Ft Source: Assessor
Property Sub-Type: Condominium
Property Attached/Detached: Attached

Utilities

Utilities Information
PUD Y/N: No
Sewer: In, Connected and Paid

Location

Homeowners Association Information
HOA Information: Association Fee 1: 410.00
Yes
Association 1 Frequency: Monthly
Total Monthly Association Fees: 410.00
Association Amenities: RV Parking, Management, Maintenance Grounds, Guest Parking

Location Information
Directions: Please use GPS, off of Victoria between Central and Arlington. Once inside go left and around the corner, home will be on the right.
Cross Streets: Victoria Ave and Laramie Rd

Community Information
Gated Community: No

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,571
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1978
Year Renovated: 1979
County: Riverside County
APN: 223270054

Home facts updated by county records on Nov 4, 2026

Other

Documents & Disclosures
Disclosures: CC & R, Homeowners Association

Listing Information
Listing Terms: Cash to New Loan
Sale Type: Standard
Possession: Close Of Escrow
Short Term Rentals: Unknown
Will Consider Lease: No

Around this home

Schools

K - 12
Preschool & daycare

Alcott Elementary School

Public K-6 • Assigned • 0.4mi

4/10

Matthew Gage Middle School

Public 7-8 • Assigned • 1.0mi

5/10

Polytechnic High School

Public 9-12 • Assigned • 0.2mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

Riverside offers a great variety of areas to explore, from the historic charm of Downtown and the Wood Streets to the University area and newer neighborhoods like OrangeCrest. Buyers will also find local favorites such as Mount Rubidoux, Victoria...
1 month ago • Riverside
Mayra Nicolas
Redfin agent
50 deals
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

8/10 Heat Factor

7 days above 102° expected this year, 20 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

9/10 Air Factor

20 unhealthy days expected this year, 24 days in 30 years

Provided by First Street

Historical weather

Riverside, CA • 92506

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10 hours in June and 7 hours in December, placing it above the U.S. average for solar exposure.

10 hrs

7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$498,000 – $603,000

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Home values near 2542 Laramie Rd Rd

Data from public records.

Address	Redfin Estimate
2677 Laramie Rd, Riverside, CA 3 Beds \| 2 Baths \| 1571 Sq. Ft.	$520,999
2668 Laramie Rd, Riverside, CA 3 Beds \| 2 Baths \| 1571 Sq. Ft.	$549,228
2658 Laramie Rd, Riverside, CA 3 Beds \| 2 Baths \| 1571 Sq. Ft.	$480,278
2581 Laramie Rd, Riverside, CA 3 Beds \| 2 Baths \| 1571 Sq. Ft.	$527,422
2528 Laramie Rd, Riverside, CA 3 Beds \| 2 Baths \| 1571 Sq. Ft.	$468,355
2522 Laramie Rd, Riverside, CA 3 Beds \| 2 Baths \| 1571 Sq. Ft.	$459,019
2567 Laramie Rd, Riverside, CA 3 Beds \| 2 Baths \| 1571 Sq. Ft.	$521,216

Address	Redfin Estimate
2678 Laramie Rd, Riverside, CA 3 Beds \| 2 Baths \| 1571 Sq. Ft.	$573,722
2666 Laramie Rd, Riverside, CA 3 Beds \| 2 Baths \| 1571 Sq. Ft.	$502,500
2591 Laramie Rd, Riverside, CA 3 Beds \| 2 Baths \| 1571 Sq. Ft.	$564,814
2579 Laramie Rd, Riverside, CA 3 Beds \| 2 Baths \| 1571 Sq. Ft.	$518,510
2526 Laramie Rd, Riverside, CA 3 Beds \| 2 Baths \| 1571 Sq. Ft.	$517,743
2548 Laramie Rd, Riverside, CA 3 Beds \| - Baths \| 1571 Sq. Ft.	$468,849
2561 Laramie Rd, Riverside, CA 3 Beds \| 2 Baths \| 1571 Sq. Ft.	$499,792

Address	Redfin Estimate
2672 Laramie Rd, Riverside, CA 3 Beds \| 2 Baths \| 1571 Sq. Ft.	$470,876
2662 Laramie Rd, Riverside, CA 3 Beds \| 2 Baths \| 1571 Sq. Ft.	$593,855
2587 Laramie Rd, Riverside, CA 3 Beds \| 2 Baths \| 1571 Sq. Ft.	$488,598
2571 Laramie Rd, Riverside, CA 3 Beds \| 2 Baths \| 1571 Sq. Ft.	$495,356
2524 Laramie Rd, Riverside, CA 3 Beds \| - Baths \| 1571 Sq. Ft.	$492,459
2544 Laramie Rd, Riverside, CA 2 Beds \| 2.5 Baths \| 2030 Sq. Ft.	$470,667
2676 Laramie Rd, Riverside, CA 2 Beds \| 2.5 Baths \| 2030 Sq. Ft.	$575,296

Property information provided by GPSMLS when last listed in 2023. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 92506, CA

Sale history for 2542 Laramie Rd Rd

Tax history for 2542 Laramie Rd Rd

Public record

Property details

Around this home

Schools

Lifestyle

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 92506

Home values near 2542 Laramie Rd Rd

More real estate resources