tomo logo

$2,199,900

Beds
4
Baths
5.0
sq ft
5,382

1540 Heather Ln, Riverside, CA 92504

1540 Heather Ln

Riverside, CA 92504

  • Pending
    • Price drop $200,000↓
ARLINGTON HEIGHTS- HISTORIC GREENBELT- Nestled on a quiet promontory with sweeping views of expansive Orchards, Victoria Avenue Palms, City Lights and Mountains beyond! Designed by renowned Riverside Architect Charlie Brown AIA and Custom built by widely acclaimed builder Don DiManno and offered for the first time, this incredible residence exudes quality with all of its custom features and amenities. Enter the gate from the street and arrive at the motor-court where you are greeted by the courtyard gate! The attention to detail is immediately apparent in the exterior of this early California Style Home with its rich textured brick and mud-stacked, genuine clay Spanish-tile roof. The main house contains just under 5,400SF of luxurious living space with 4 large bedroom suites, each with a private bath; Large formal dining room; Formal sitting room/library; Immense Great Room with corner fireplace, built-in media center and wall to wall sliding doors allowing for impressive views; Gourmet kitchen with top of the line Viking Cooking and Sub Zero refrigeration Appliances; Incredible details throughout including box beamed ceilings, abundant built-ins, travertine flooring to name just a few. Attached over-sized 4-car garage; Additional approximately 2,400 SF RV/Auto Garage measuring 40' by 60' with four roll-up doors can hold Motorhome, boats, or up to an additional 12 cars and contains a full bath and second floor storage room. Easily converted in part or whole to a guest house or accessory dwelling unit. Beautifully landscaped grounds with built-in spa off the owner's suite, putting green, outdoor barbecue kitchen, expansive covered lanai and over 80 fruit bearing trees! Possible Seller Financing subject to satisfactory qualifications.

Details

Property type

Single Family Residence

Est. home value

$1,668,611

Lot size

1.72 acres

Price per sq ft

$409

Year built

2007

Price History

10/02/2024
CRMLS

CRMLS #IV24134441

Pending
$2,199,900
10/01/2024
CRMLS

CRMLS #IV24134441

Removed
$2,199,900
07/31/2024
CRMLS

CRMLS #IV24134441

Price change
$2,199,900
-8.33%

Schools & Community

Neighborhood: 

Arlington Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

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

$1,788,202
Asking price
$2,199,900
Closing costs (~8% of asking)
-$175,992
Est. remaining loan balance
-$235,706
Cash to seller
$1,788,202

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

October 2013

Original loan amount

$733,880

Est. remaining balance

$235,706

Interest rate

3.59%

Loan type

New Conventional, 15 year

Seller

Burton G Tilden and Pat E Tilden

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?

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Status: Pending/Under Contract

Tomo last checked: 11/15/2024 at 6:00 PM

Listing updated: 10/16/2024 at 9:14 PM

Listed by: BRAD ALEWINE, COMPASS Phone #: (951) 398-5081

MLS: CRMLS #IV24134441

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