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$525,497Estimated home value

Beds
3
Baths
2.0
sq ft
1,351

3816 Lofton Pl, Riverside, CA 92501

3816 Lofton Pl

Riverside, CA 92501

  • Off market
Excellent Opportunity! This charming home features 3 bedrooms and 2 full bathrooms, offering a spacious front and private backyard perfect for entertaining. The open living room, dining room, and kitchen provide a welcoming space for family and friends. The spacious master suite ensures comfort and relaxation. Central AC and heating ensure year-round comfort. Conveniently located near the 91 freeway and downtown Riverside, this home is ideally situated for easy access to all amenities.While it has been well-maintained, it does require some TLC to reach its full potential. The seller is offering this property as-is. Don't miss out on this great home with endless possibilities!

Details

Property type

Single Family Residence

Est. home value

$525,497

Lot size

6,534 sq ft

Price per sq ft

$434

Year built

1984

HOA

No

Price History

08/16/2024
CLAW

CLAW #24418901

Removed
$585,000
07/24/2024
CLAW

CLAW #24418901

Listed
$585,000
+9.35%
06/23/2023
CRMLS

CRMLS #PW23076059

Sold
$535,000
+69.3%

Schools & Community

Neighborhood: 

Northside

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$28,662
Asking price
$585,000
Closing costs (~8% of asking)
-$46,800
Est. remaining loan balance
-$509,538
Cash to seller
$28,662

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

Seller’s Loan History

Lender

Ocmbc Inc

Loan start date

May 2023

Original loan amount

$517,144

Est. remaining balance

$509,538

Interest rate

6.27%

Loan type

FHA, 30 year

Seller

Javier Garcia Montes and Andres Lambino Tulagan

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?

Status: Off Market

Tomo last checked: 09/07/2024 at 6:05 AM

Listing updated: 08/01/2024 at 5:34 AM

Listed by: Cristian Degroot, Sotheby's International Realty Phone #: (310) 481-6262

MLS: CLAW #24418901

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