tomo logo

$1,450,000

Beds
5
Baths
4.5
sq ft
4,815

16718 Catalonia Dr, Riverside, CA 92504

16718 Catalonia Dr

Riverside, CA 92504

  • 62 days on market
    • Price drop $49,990↓
Priced to Sell!! Built by KB Homes in 2006, this entertainer's delight located in the Alicante Estates sits on a generous 38,768 square foot lot with a stunning view of the neighborhood and city beyond. Upon entering, you’ll discover a thoughtfully designed home with 4,815 square feet of living space. Central A/C and heating ensure comfort throughout, while built-in surround sound enhances both the family room and upstairs loft. This beautiful property features two cozy gas-burning fireplaces, one in the family room and another in the living room, offering warmth and charm to your gatherings. The heart of this home is its well-equipped kitchen, complete with granite countertops, large center island, two spacious pantries, and reliable appliances, including a Frigidaire 5-burner gas cooktop, Whirlpool range hood, built-in Whirlpool microwave and double oven, and a Maytag dishwasher. The kitchen is seamlessly connected to the family room, making it the perfect space for casual living and entertainment. On the opposite side, the kitchen opens to the formal dining room, providing a sophisticated area for gatherings and meals. Upstairs, you’ll find a spacious loft, ideal for relaxation or additional entertainment space, offering flexibility and comfort for the entire family. This expansive home offers five bedrooms and four-and-a-half baths, including a grand primary suite with a private balcony overlooking the serene surroundings. The primary bathroom features dual sinks, a jetted tub, separate shower, private toilet room, and dual walk-in closets—an ideal retreat for rest and rejuvenation. The interior of the home is designed for both beauty and function. Tile flooring graces the foyer and all wet areas, while carpet adds comfort to the living and dining rooms, family room, and bedrooms. Upstairs, the loft area features laminate flooring for easy maintenance. On the exterior, you’ll find two balconies—one connected to the primary suite and another off the upstairs loft—both offering sweeping views of the neighborhood. A spacious enclosed side yard, an automatic sprinkler system, and a play swing set create an inviting outdoor environment for recreation and leisure. The property’s three-car pull through garage provides ample space for vehicles and storage, while solar panels that are fully paid off contribute to energy efficiency.

Details

Property type

Single Family Residence

Est. home value

$1,481,582

Lot size

0.89 acres

Price per sq ft

$302

Year built

2006

Monthly HOA fee

$72

Price History

10/18/2024
CRMLS

CRMLS #AR24172427

Price change
$1,450,000
-3.33%
10/02/2024
CRMLS

CRMLS #AR24172427

Price change
$1,499,990
-3.23%
09/18/2024
CRMLS

CRMLS #AR24172427

Listed
$1,550,000
+14.39%

Schools & Community

Neighborhood: 

Woodcrest

Elementary school: 

Woodcrest

Middle school: 

Miller

High school: 

Martin Luther King

Community features: 

Sidewalks

High school district: 

Riverside Unified

Number of units in community: 

1

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

$259,007
Asking price
$1,450,000
Closing costs (~8% of asking)
-$116,000
Est. remaining loan balance
-$1,074,993
Cash to seller
$259,007

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

Seller’s Loan History

Lender

Royal Pacific Funding Corp

Loan start date

November 2023

Original loan amount

$1,084,000

Est. remaining balance

$1,074,993

Interest rate

7.57%

Loan type

New Conventional, 30 year

Seller

Robert D Napitupulu

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: 11/19/2024 at 5:30 AM

Listing updated: 10/17/2024 at 5:15 PM

Listed by: Erika Shinzato, RE/Max Time Phone #: (909) 373-0880

MLS: CRMLS #AR24172427

CRMLS logo

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