tomo logo

$559,000

Beds
2
Baths
1.0
sq ft
833

4765 Central Ave, Riverside, CA 92506

4765 Central Ave

Riverside, CA 92506

  • 1 day on market
Charming home nestled in the heart of Riverside! This 2-bedroom, 1-bathroom gem boasts modern upgrades throughout. Enjoy the elegance of newer luxury vinyl plank flooring and fresh interior paint. The updated kitchen features sleek quartz countertops, stainless steel appliances, and new cabinets. The remodeled bathroom adds a touch of contemporary style. Additionally, the plumbing system under the house has been completely replaced, including a new external cleanout, ensuring clear and debris-free sewer lines. The backyard offers a covered breezeway and a covered patio behind the garage, which provides excellent potential for an ADU. A must-see property!

Details

Property type

Single Family Residence

Est. home value

$511,622

Lot size

8,712 sq ft

Price per sq ft

$672

Year built

1951

HOA

No

Price History

01/27/2025
CRMLS

CRMLS #CV25019495

Listed
$559,000
+9.61%
02/27/2023
CRMLS

CRMLS #IV22249348

Sold
$510,000
+36%
08/28/2022
CRMLS

CRMLS #PW22145152

Sold
$375,000

Schools & Community

Neighborhood: 

Magnolia Center

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

$24,969
Asking price
$559,000
Closing costs (~8% of asking)
-$44,720
Est. remaining loan balance
-$489,311
Cash to seller
$24,969

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

February 2023

Original loan amount

$500,762

Est. remaining balance

$489,311

Interest rate

6.31%

Loan type

FHA, 30 year

Seller

Edgar Macias

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: Active

Tomo last checked: 01/29/2025 at 10:25 AM

Listing updated: 01/28/2025 at 6:35 AM

Listed by: Patricia Rocha, CROWN ROYAL REAL ESTATE, INC. Phone #: (909) 731-6559

MLS: CRMLS #CV25019495

CRMLS logo

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