tomo logo

$2,199,900

Beds
5
Baths
5.0
sq ft
4,384

3988 Shady Ridge Dr, Corona, CA 92881

3988 Shady Ridge Dr

Corona, CA 92881

  • 68 days on market
    • Price drop $50,000↓
Stunning Two Story Corona Pool Home! This highly upgraded home resides in the Seven Oaks Community, offering five bedrooms, five bathrooms, and an office with over 4300 square feet of living space. One of the bedrooms downstairs, being a mother-in-law quarters with direct access to its own bathroom. The Seven Oaks Community is considered one of the most prestigious gated communities Corona has to offer, located just below the Cleveland National Forest. This private, quiet and upscale neighborhood with large estates screams pride of ownership as you navigate through the neighborhood. As you enter the home, you will be presented with a sizable living room, dining room and open floor plan. The high ceilings and large windows create an abundance of natural light throughout the home. Beyond the living room resides a spacious kitchen with an open concept to the family room. The kitchen has been completely refurbished with white cabinets, granite counters, backsplash, stainless appliances and recessed lighting. Other features include a walk-in pantry and massive kitchen island, offering bar-style seating which is great for entertaining. Additional amenities downstairs encompass a large office with french doors leading to the backyard, a full bathroom and laundry room. As you head upstairs, you will be introduced to four bedrooms, a guest bathroom, and a spacious loft. All bedrooms are generous in size, while the master bedroom provides direct access to the master bathroom, and proposes an absolutely stunning view of the city. The master bathroom yields a large soaking tub, jack-and-jill vanities, his and hers walk-in closets, and a walk-in shower. The backyard is magnificent, bestowing a resort feel. The pool was custom built with a walk-in beach-entry, two water slides, waterfall fall features and a private grado. Other characteristics include a patio with ceiling fans, a tiki style BBQ island, and large grass area, surrounded by mature landscaping. Behind the fences there’s additional lot space that can be used to expand the yard even bigger, and plenty of room for RV Parking on the side of the home. If you enjoy entertaining family and friends, this is the home for you.

Details

Property type

Single Family Residence

Est. home value

$2,028,404

Property condition

Updated/Remodeled

Lot size

1.0 acres

Price per sq ft

$502

Year built

2003

Monthly HOA fee

$300

Price History

11/19/2024
CRMLS

CRMLS #CV24192900

Price change
$2,199,900
-2.22%
09/19/2024
CRMLS

CRMLS #CV24192900

Price change
$2,249,900
-8.16%
09/17/2024
CRMLS

CRMLS #CV24192900

Listed
$2,449,900
+44.11%

Schools & Community

Neighborhood: 

South Corona

Elementary school: 

Orange

Middle school: 

Citrus Hills

High school: 

Santiago

Community features: 

Gated, Street Lights, Sidewalks

High school district: 

Corona-Norco 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

$445,120
Asking price
$2,199,900
Closing costs (~8% of asking)
-$175,992
Est. remaining loan balance
-$1,578,788
Cash to seller
$445,120

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

Seller’s Loan History

Lender

Towne Mortgage Co

Loan start date

August 2021

Original loan amount

$1,700,000

Est. remaining balance

$1,578,788

Interest rate

2.9%

Loan type

VA, 30 year

Seller

Jeremy Owen Poulsen and Ashley Rose Poulsen

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 10:45 PM

Listing updated: 11/19/2024 at 10:15 AM

Listed by: Garrett Gebhart, RE/MAX CHAMPIONS Phone #: (909) 949-0605

MLS: CRMLS #CV24192900

CRMLS logo

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