tomo logo

$325,000

Beds
2
Baths
2.0
sq ft
886

1317 Massachusetts Ave Unit 204, Riverside, CA 92507

1317 Massachusetts Ave Unit 204

Riverside, CA 92507

  • 3 days on market
Bright & Spacious 2-Bedroom Condo in Gated Palmilla Community! This unit is an updated upper-end unit offering 2 bedrooms, 2 full baths, and abundant natural light. The property include new interior paint, closet doors, window blinds, and LED recessed lighting. The kitchen features granite countertops and comes equipped with a stove, refrigerator, microwave, and dishwasher. Enjoy the convenience of a private balcony, a detached one-car garage, and an additional permitted parking space. Community amenities include a pool, spa, and water and trash services. Located near UC Riverside, major freeways (215, 91, and 60), shopping, dining, and the Highlander Trolley stop, this home offers both comfort and convenience. Laundry facilities are easily accessible below the unit in the community.

Details

Property type

Condominium

Est. home value

$327,072

Lot size

Unknown

Price per sq ft

$367

Year built

1986

Monthly HOA fee

$456

Price History

03/28/2025
CRMLS

CRMLS #OC25066001

Listed
$325,000
+3.17%
06/03/2022
CRMLS

CRMLS #PW22086013

Sold
$315,000

Schools & Community

Neighborhood: 

University

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Street Lights, Sidewalks

High school district: 

Riverside Unified

Number of units in community: 

170

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

$156,245
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$142,755
Cash to seller
$156,245

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2022

Original loan amount

$150,000

Est. remaining balance

$142,755

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Sophia Tsau

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: Active

Tomo last checked: 04/01/2025 at 9:20 AM

Listing updated: 03/29/2025 at 6:50 AM

Listed by: Jinjin Hsiao, Real Broker Phone #: (619) 248-6434

MLS: CRMLS #OC25066001

CRMLS logo

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