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240 Alderwood Way

Riverside, CA 92506

3 bd 3 ba 1,690 sqft Built 1988 Lot 13,504 sqft single_family
Most recent sale
$700,000
Jun 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 23, 2022 Sold $700,000 MLS #219079079
May 20, 2022 Listed $675,000 MLS #219079079
Jul 30, 1990 Sold $200,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $636,724 $106,120 $742,844 $8,299
2024 $636,724 $106,120 $742,844 $8,026
2023 $612,000 $102,000 $714,000 $7,991
2022 $238,369 $102,265 $340,634 $3,845
2021 $233,696 $100,260 $333,956 $3,797
2020 $231,300 $99,232 $330,532 $3,769
2019 $226,765 $97,287 $324,052 $3,699
2018 $222,318 $95,381 $317,699 $3,627
2017 $217,959 $93,511 $311,470 $3,563
2016 $213,686 $91,678 $305,364 $3,335
2015 $210,477 $90,301 $300,778 $3,287
2014 $206,355 $88,533 $294,888 $3,257
2013 $205,423 $88,134 $293,557 $3,241
2012 $201,396 $86,406 $287,802 $3,139
2010 $197,448 $84,712 $282,160 $3,093
2009 $196,440 $84,281 $280,721 $3,086
2008 $192,589 $82,629 $275,218 $2,998
2007 $188,813 $81,009 $269,822 $2,922

Property facts

Year built
1988
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,690 sqft
Lot size
13,504 sqft
ZIP code
92506
City
Riverside
Street
Alderwood Way
Coordinates
33.92495, -117.32738

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,408
Gross rental yield
9.27%
Implied cap rate
6.03%
Trend-extrapolated value

Frequently asked questions

When did 240 Alderwood Way last sell?
240 Alderwood Way most recently sold on Jun 23, 2022 for $700,000.
What is the current tax assessment for 240 Alderwood Way?
The most recent total assessment for 240 Alderwood Way (year 2025) is $742,844 with $8,299 in property tax.
How does 240 Alderwood Way's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $700,000.
When was 240 Alderwood Way built?
240 Alderwood Way was built in 1988.
How does 240 Alderwood Way compare to others on Alderwood Way?
We track 3 other properties on Alderwood Way. Browse the list under "Other properties on Alderwood Way" to compare beds, baths, and sale history.
What are the property facts for 240 Alderwood Way?
240 Alderwood Way is a 3 bed, 3 bath, 1,690 sqft, 13,504 sqft lot single_family.
Is 240 Alderwood Way a flip candidate?
No — 240 Alderwood Way does not appear in our flips dataset.
Is 240 Alderwood Way a tax-appeal candidate?
No — 240 Alderwood Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.8%
Implied 1-yr
-3.1%
2026 Q3
$748.9K
2026 Q4
$742.7K
ZIP 92506 — Median Price History + Forecast

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