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Single Family ResidenceResidential
$1,237,020$386 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $600,000 on Nov 24, 2004

4840 SOMERSET DR

RIVERSIDE, CA 92507
4
Beds
3
Baths
3,201 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1.17 ac
Lot SizeThe size of the land the home sits on, from county records.
1979
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$1.2M
$1.2M low$1.3M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$600,000 · Nov 24, 2004
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$635,220
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$508,176
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.51%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$450,000
WELLS FARGO BANK · recorded Nov 24, 2004
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$151,800
WELLS FARGO BANK NA

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$9,341 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$853,046 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$213,255
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$639,791
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$836,321
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$755,640

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.39 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyRIVERSIDE
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1980
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Tile
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.Yes
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Golf frontage

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Louisa May Alcott Elementary SchoolC-
Elementary · Grades KG–6 · 0.6 mi
H
Poly High SchoolB
High · Grades 9–12 · 0.8 mi
M
Matthew Gage Middle SchoolC
Middle · Grades 7–8 · 1.7 mi

District: Riverside Unified School District

Neighborhood · ZIP 92507These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.112
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.450

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.15%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.15%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.7%
PopulationHow many people live in this area.64,491
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,078 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$66,160
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$82,952
Average tempThe average temperature here across a full year.63°F
Annual precipHow much rain and melted snow falls here in a typical year.12 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.68%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

4840 Somerset Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the most valuable homes in Eastside
  • Costs more per square foot than 77% of homes in Riverside County
  • Bigger than 97% of homes in Eastside
  • Among the largest lots in Eastside
  • Newer than 84% of homes in Eastside

What homes are worth in Riverside 92507

Each bar is how many homes fall in that price range. The marker is this home.

This home
$296K$928K

This home is worth more than almost all homes in Riverside 92507.

How it measures up in Riverside 92507

The dot is this home. The mark in the middle is the typical home in Riverside 92507.

Estimated value$1,237,020
CheaperTypical $593,500Pricier

Pricier than almost all homes nearby

Price per ft²$386
CheaperTypical $371Pricier

Pricier than 59% of homes nearby

Living area3,201 ft²
SmallerTypical 1,572 ft²Bigger

Bigger than 94% of homes nearby

Lot size1.17 ac
SmallerTypical 0.19 acBigger

Bigger than 97% of homes nearby

Year built1979
OlderTypical 1977Newer

Newer than 52% of homes nearby

How 4840 Somerset Dr ranks against every home in each area.
MeasureThis homeEastsideRiverside 92507Riverside County
Estimated valuepricier than$1,237,020almost all homesalmost all homes95% of homes
Price per ft²pricier than$38638% of homes59% of homes77% of homes
Living areabigger than3,201 ft²97% of homes94% of homes90% of homes
Lot sizebigger than1.17 acalmost all homes97% of homes85% of homes
Year builtnewer than197984% of homes52% of homes27% of homes

About 4840 Somerset Dr

How much is 4840 Somerset Dr, Riverside, CA worth?

The TopHap Estimate for 4840 Somerset Dr, Riverside, CA is $1,237,020 as of Jul 14, 2026. The likely range is $1,191,081 to $1,282,959. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 4840 Somerset Dr, Riverside, CA last sell?

4840 Somerset Dr, Riverside, CA last sold on Nov 24, 2004 for $600,000, according to the county's recorded deed.

How big is 4840 Somerset Dr, Riverside, CA?

4840 Somerset Dr, Riverside, CA has 4 bedrooms, 3 bathrooms and 3,201 square feet of living space.

When was 4840 Somerset Dr, Riverside, CA built?

4840 Somerset Dr, Riverside, CA was built in 1979, making it 47 years old. The building has 2 stories.

What schools serve 4840 Somerset Dr, Riverside, CA?

4840 Somerset Dr, Riverside, CA is assigned to Louisa May Alcott Elementary School (elementary), rated C-; Poly High School (high), rated B; Matthew Gage Middle School (middle), rated C. All sit in Riverside Unified School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 4840 Somerset Dr, Riverside, CA compare to other homes in Riverside 92507?

Among the 12,298 homes in Riverside 92507, it is worth more than almost all of them ($1,237,020 against a typical $593,500), its price per square foot is higher than 59% of them ($386 against a typical $371), it is bigger than 94% of them (3,201 ft² against a typical 1,572 ft²), its lot is bigger than 97% of them (1.17 ac against a typical 0.19 ac) and it is newer than 52% of them (1979 against a typical 1977). Measured against all of Riverside County, it is worth more than 95% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 4840 Somerset Dr, Riverside, CA?

The 2025 property tax bill for 4840 Somerset Dr, Riverside, CA was $9,341. The county assessed it at $853,046.

Closest homes

More homes in Riverside 92507

Assigned schools

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