tomo logo

$1,489,990

Beds
4
Baths
3.5
sq ft
3,685

16220 Gallery Heights Dr, Riverside, CA 92504

16220 Gallery Heights Dr

Riverside, CA 92504

  • 72 days on market
Welcome to your new oasis in the vibrant LaStanica community of Woodcrest. Nestled on a sprawling 37,000 square foot lot, this luxurious single-story house offers an unparalleled blend of comfort and sophistication. As you enter, the grandeur of the high ceilings in both the foyer and great room immediately captivates, creating an airy and welcoming atmosphere. The spacious great room unfolds seamlessly, bathed in natural light streaming through the multi-panel sliding door. The adjoining kitchen, equipped with modern KitchenAid appliances and a central island, is a haven for culinary enthusiasts and a focal point for gatherings. The residence boasts four generously sized bedrooms, including a in-law suite. The master suite is a sanctuary set on its own, featuring a lavish ensuite bathroom complete with a soaking tub, dual vanities, a walk-in shower, and walk-in closet. Entertainment options abound with a versatile bonus room that can be tailored to suit various needs—a media room, home office, a play room, or convert to 5th bedroom with ensuite bathroom (rough plumbing already done by builder). Step outside to discover a resort-like oasis: a sparkling pool beckons on warm days, while a covered outdoor patio with a built-in kitchen invites al fresco dining and entertaining year-round. The expansive lot is also adorned with water-wise gardens that enhance the beauty of the surroundings, a dedicated play area, and still has room for potential future expansions that can include an ADU and RV garage. This home represents modern luxury living, combining spaciousness, functionality, and style in a prime location.

Details

Property type

Single Family Residence

Est. home value

$1,204,764

Lot size

0.85 acres

Price per sq ft

$405

Year built

2021

Monthly HOA fee

$260

Price History

07/19/2024
CRMLS

CRMLS #IG24142413

Listed
$1,489,990
+43.27%
03/25/2022
CRMLS

CRMLS #IV21114269

Sold
$1,040,000

Schools & Community

Neighborhood: 

Woodcrest

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Martin Luther King

Community features: 

Curbs, Street Lights

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

$819,772
Asking price
$1,489,990
Closing costs (~8% of asking)
-$119,199
Est. remaining loan balance
-$551,019
Cash to seller
$819,772

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

February 2022

Original loan amount

$647,200

Est. remaining balance

$551,019

Interest rate

2.3%

Loan type

New Conventional, 15 year

Seller

Gurjit Singh Sandhu and Vaneet Kaur Sandhu

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: Active

Tomo last checked: 09/28/2024 at 7:25 PM

Listing updated: 08/02/2024 at 9:55 AM

Listed by: Gurjit Sandhu, Premier Agent Network, Inc. Phone #: (877) 663-9366

MLS: CRMLS #IG24142413

CRMLS logo

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