tomo logo

$679,000

Beds
3
Baths
2.0
sq ft
1,380

4775 Merrill Ave, Riverside, CA 92506

4775 Merrill Ave

Riverside, CA 92506

  • 33 days on market
Absolutely Beautiful Turnkey house in a very popular area of Riverside! Close to all businesses banks and perfect for raising a lovely family! This house has all the upgrades that you might need! Nice flooring open concept with large living room upgraded kitchen with New appliances, Fresh paint and beautiful pool and back yard You'll love this house

Details

Property type

Single Family Residence

Est. home value

$612,655

Lot size

7,840 sq ft

Price per sq ft

$493

Year built

1951

HOA

No

Price History

12/23/2024
CRMLS

CRMLS #IV24250305

Listed
$679,000
+11.68%
06/24/2022
CRMLS

CRMLS #PW22089655

Sold
$608,000
+69.36%
07/15/2016
CRMLS

CRMLS #IV16101858

Sold
$359,000

Schools & Community

Neighborhood: 

Magnolia Center

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Polytechnic

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

$158,525
Asking price
$679,000
Closing costs (~8% of asking)
-$54,320
Est. remaining loan balance
-$466,155
Cash to seller
$158,525

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

Seller’s Loan History

Lender

American Financial Network Inc

Loan start date

May 2022

Original loan amount

$486,400

Est. remaining balance

$466,155

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Kelvin Ramiro Herrera and Michelle Herrera

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: 01/24/2025 at 8:00 PM

Listing updated: 01/23/2025 at 4:03 PM

Listed by: ROYA FATOOREHCHI, DYNASTY REAL ESTATE Phone #: (909) 605-2500

MLS: CRMLS #IV24250305

CRMLS logo

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