tomo logo

$998,000

Beds
4
Baths
3.0
sq ft
2,255

16940 Calle Espuela, Riverside, CA 92504

16940 Calle Espuela

Riverside, CA 92504

  • 23 days on market
Welcome to 16940 Calle Espuela, located in the desirable Woodcrest neighborhood! This home is perfectly situated on a peaceful cul-de-sac and offers privacy, space, and endless possibilities. As you enter through the gated driveway, you're greeted by a beautiful, tree-lined approach leading to your home, which sits on an expansive 2.21 acres of land. There's plenty of room to create your dream space—whether it's adding an ADU, pool, sports court, workshop, or even room for a couple of horses. This unique ranch-style home is perfect for multi-generational living, featuring two large primary suites with ensuite bathrooms, each in a separate wing of the house, along with two additional bedrooms and another bathroom. The formal dining room offers stunning views of the back of the property, all the way to the hills. Inside, you'll find upgraded bathrooms, an open kitchen with a walk-in pantry, and an inside laundry room. Recent updates include newer carpet, upgraded windows, and laminate flooring. As the weather cools down, the large rock fireplace, set under beautiful open wood beam ceilings, creates a warm and inviting place to gather. Step outside to enjoy the natural beauty of the property, surrounded by mature trees, plumeria, palm trees, and various citrus and fruit trees. Relax on one of the hanging swings, enjoy the sound of water cascading from the fountain, or gather around the firepit for cozy evenings under the stars. This property is truly one-of-a-kind, offering the perfect balance of space, comfort, and opportunity. Come see it for yourself and imagine all the possibilities!

Details

Property type

Single Family Residence

Est. home value

$873,184

Property condition

Updated/Remodeled

Lot size

2.21 acres

Price per sq ft

$443

Year built

1979

HOA

No

Price History

11/01/2024
CRMLS

CRMLS #OC24215387

Listed
$998,000
-4.95%
10/04/2024
CRMLS

CRMLS #IV24131879

Removed
$1,050,000
06/27/2024
CRMLS

CRMLS #IV24131879

Listed
$1,050,000
+23.53%

Schools & Community

Neighborhood: 

Woodcrest

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs

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

$490,917
Asking price
$998,000
Closing costs (~8% of asking)
-$79,840
Est. remaining loan balance
-$427,243
Cash to seller
$490,917

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

March 2022

Original loan amount

$450,000

Est. remaining balance

$427,243

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Alexander Franco and Angela Franco

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: 11/23/2024 at 8:45 PM

Listing updated: 11/18/2024 at 11:15 AM

Listed by: Cherie Seiler, Berkshire Hathaway Home Services Phone #: (714) 832-8800

MLS: CRMLS #OC24215387

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