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$1,320,112Estimated home value

Beds
5
Baths
4.5
sq ft
3,676

1268 Matterhorn Dr, Riverside, CA 92506

1268 Matterhorn Dr

Riverside, CA 92506

  • Off market
    • Price drop $100,000↓
Huge price reduction! Now priced nearly $100/sf less than the most recent sale in the tract. This home spans nearly 3,700 square feet and sits on over an acre of land that includes an expansive open area. There are no neighbors behind you or directly to the right, providing a private, serene backyard open to nature with the soothing sounds of frogs from the nearby seasonal creek. You can enjoy evening strolls through the neighborhood on sidewalks that wind through the community or head to the nearby trail. Either way, you’ll feel close to nature while living in the city. The house features five bedrooms and four and a half bathrooms, with a downstairs bedroom with an en-suite for multi-generational living. You will also find a spacious open loft area upstairs, perfect for movie watching, or it could be a kids' play area or a perfect space for homeschooling. The home boasts a stunning Mediterranean exterior and a modern interior, with a kitchen equipped with upgraded stainless steel appliances, beautiful white quartz countertops with light grey veining, upgraded tile backsplash, beautiful light grey cabinets with soft-close hinges, and extra-deep drawers for pots and pans storage. Don't forget about the expansive walk-in pantry. The primary bedroom features a large open en-suite bath with dual vanities and a spacious walk-in closet. This home also offers a spacious covered patio off the back, perfect for outdoor dining. Moreover, the home is equipped with solar panels, a tankless water heater, a whole-house water filtration system, a Tesla car charger, and a second charger for other electric vehicles, epoxy garage floors, and water-wise landscaping throughout the fully landscaped front, enhancing this eco-friendly home. A large portion of the landscaping is maintained by the HOA, so you can sit back and enjoy the view.

Details

Property type

Single Family Residence

Est. home value

$1,320,112

Lot size

1.0921 acres

Price per sq ft

$327

Year built

2022

Monthly HOA fee

$211

Price History

07/13/2024
CRMLS

CRMLS #IV24120641

Removed
$1,200,000
06/26/2024
CRMLS

CRMLS #IV24120641

Price change
$1,200,000
-7.69%
06/17/2024
CRMLS

CRMLS #IV24120641

Listed
$1,300,000
+16.28%

Schools & Community

Neighborhood: 

Alessandro Heights

Elementary school: 

Washington

Middle school: 

Gage

High school: 

Polytechnic

Community features: 

Curbs, Sidewalks

High school district: 

Riverside Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$236,744
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$867,256
Cash to seller
$236,744

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Angel Oak Mortgage Solutions Llc

Loan start date

July 2022

Original loan amount

$894,392

Est. remaining balance

$867,256

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Pawendeep Virk and Bikramdeep Singh

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 09/27/2024 at 3:35 PM

Listing updated: 07/03/2024 at 11:17 AM

Listed by: WALLY DRAKE, eXp Realty of Greater Los Angeles Phone #: (888) 652-1314

MLS: CRMLS #IV24120641

CRMLS logo

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