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$1,199,000

Beds
4
Baths
3.5
sq ft
3,512

16612 Edge Gate Dr, Riverside, CA 92504

16612 Edge Gate Dr

Riverside, CA 92504

  • 46 days on market
    • Price drop $76,000↓
MOCKINGBIRD CANYON- BRIDLE CREEK- This gorgeous home has brand new white porcelain flooring on the first floor and beautiful laminate flooring on the second floor. This home is shrouded by mature California Pepper Trees older than the house itself and elevated on a lofty promontory lot. This home enjoys gentle cool breezes and spectacular sunset views! If you are looking for a place that has the fundamentals of serenity, privacy, security and just the right touch of fancy and captivate all who enter the gates. Large formal living and dining rooms; Separate study with two-way fireplace between the living room; Spacious family room open to the island kitchen; 4 large family bedrooms including the luxurious master suite with access to the second level lanai. Spectacular place for the treat of smells of Sage and Citrus blossoms throughout the year; Private Orchard comprised of a variety of Citrus, Avocado, Pomegranate and even Grape Vines. The sounds of streams, frogs, and birds among the whisper of the breezes through the Peppers; Recreation abounds with trees and boulders to climb, trails to explore and views in every direction to enjoy! A custom playhouse and shaded "Secret Kingdom" for the children to enjoy the serenity this place offers. A three car-tandem garage and ample off street parking; The community offers the exceptional amenities of improved horse trails and a day use equestrian center with stalls and a restroom. The community is filled with natural open spaces preserved to enhance the beauty and appeal of the neighborhood with mature Pepper Oak and Sycamores fed by natural water courses and streams supporting the rich wild-life community of Squirrels, Possums, Foxes and many bird species.

Details

Property type

Single Family Residence

Est. home value

$1,139,774

Lot size

1.37 acres

Price per sq ft

$342

Year built

2003

Monthly HOA fee

$90

Price History

06/13/2024
CRMLS

CRMLS #CV24097834

Price change
$1,199,000
-5.96%
05/14/2024
CRMLS

CRMLS #CV24097834

Listed
$1,275,000
+15.91%
07/25/2022
CRMLS

CRMLS #IV22100373

Sold
$1,100,000

Schools & Community

Neighborhood: 

Woodcrest

Elementary school: 

Woodcrest

Middle school: 

Miller

High school: 

Martin Luther King

Community features: 

Curbs, Street Lights, Suburban

High school district: 

Riverbank 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

$301,761
Asking price
$1,199,000
Closing costs (~8% of asking)
-$95,920
Est. remaining loan balance
-$801,319
Cash to seller
$301,761

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

Seller’s Loan History

Lender

New Wave Lending Group Inc

Loan start date

June 2022

Original loan amount

$825,000

Est. remaining balance

$801,319

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Manuel Gracida Davalos and Maria Liduvina Davalos

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: 06/29/2024 at 6:45 AM

Listing updated: 06/15/2024 at 5:03 PM

Listed by: Maria Nunez, EXP REALTY OF CALIFORNIA INC Phone #: (888) 584-9427

MLS: CRMLS #CV24097834

CRMLS logo

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