tomo logo

$650,000

Beds
6
Baths
2.0
sq ft
1,455

4241 Hines Ave, Riverside, CA 92505

4241 Hines Ave

Riverside, CA 92505

  • 49 days on market
Prime Investment Opportunity! Discover this charming single-level home, perfect for savvy investors! Currently occupied by tenants, this property boasts numerous upgrades that enhance its appeal and functionality. Key Features: Investment Ready: Tenants in place, providing immediate rental income. Upgrades: Enjoy modern finishes and improvements throughout, including updated kitchen appliances, stylish flooring, and renovated bathrooms. Spacious Layout: Open-concept living areas that maximize space. Outdoor Space: Backyard offers potential for relaxation or entertaining. Convenient Location: Close to schools, shopping, and parks, making it an attractive choice for future tenants. Don’t miss this opportunity to add a solid asset to your portfolio! Some of these photos have been digitally staged.

Details

Property type

Single Family Residence

Est. home value

$618,891

Property condition

Updated/Remodeled

Lot size

7,405 sq ft

Price per sq ft

$447

Year built

1960

Price History

10/06/2024
CRMLS

CRMLS #IG24204338

Listed
$650,000
+4.84%
05/31/2022
CRMLS

CRMLS #OC22026569

Sold
$620,000

Schools & Community

Neighborhood: 

La Sierra

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, 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

$8,647
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$589,353
Cash to seller
$8,647

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

Seller’s Loan History

Lender

Maximos Realty Inc

Loan start date

March 2022

Original loan amount

$620,000

Est. remaining balance

$589,353

Interest rate

3.69%

Loan type

VA, 30 year

Seller

Mark Edward Anderson

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 7:40 PM

Listing updated: 10/21/2024 at 1:35 PM

Listed by: Steven Osborne, First Team Real Estate Phone #: (951) 270-2800

MLS: CRMLS #IG24204338

CRMLS logo

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