tomo logo

$649,900

Beds
3
Baths
2.0
sq ft
1,360

4775 Merrill Ave, Riverside, CA 92506

4775 Merrill Ave

Riverside, CA 92506

  • 21 days on market
Welcome to this lovely, move-in ready single-story home in one of Riverside's most sought-after neighborhoods. This 3-bedroom, 1.75-bath gem offers both comfort and functionality, perfect for modern living. Step into the spacious family room, where you'll find a stunning fireplace and large window that fills the space with natural light. All windows in the home are double-paned for energy efficiency and come with custom plantation shutters, adding both style and privacy. The upgraded kitchen features newer appliances and plenty of counter space, making meal prep a breeze. Just a step down from the kitchen is a formal dining room with an over sized coffee bar offering beautiful views of the expansive backyard. The master suite is a true retreat, complete with a private 3/4 bath and a walk-in closet for ample storage. This home is designed with entertaining in mind, boasting a sparkling pool and a large, private backyard ideal for family gatherings or relaxing summer days. The pool area is equipped with a vacuum system and is safely enclosed by wrought iron fencing. The spacious yard is an open canvas to do what you'd like with it. For your furry friends, there's also a fenced-in dog run on the side of the house. The oversized, insulated one-car garage offers plenty of shelving and a utility cabinet, along with a newly installed garage door opener system for convenience. Several doors throughout the home have been replaced, enhancing its overall appeal. Plus, enjoy the comfort of a whole-house fan, along with a newer A/C unit, heating system, ductwork, copper plumbing, and water heater—all key upgrades that make this home efficient and move-in ready. Don't miss the opportunity to own this incredible property with endless potential. Perfect for families, entertainers, and anyone looking for a charming home in a prime Riverside location. Do not forget this home qualifies for a $20k grant through the Ladder up program. Ask us for details.

Details

Property type

Single Family Residence

Est. home value

$612,655

Property condition

Updated/Remodeled

Lot size

7,841 sq ft

Price per sq ft

$478

Year built

1951

HOA

No

Price History

02/04/2025
CRMLS

CRMLS #IV25026358

Listed
$649,900
-4.29%
01/25/2025
CRMLS

CRMLS #IV24250305

Removed
$679,000
12/23/2024
CRMLS

CRMLS #IV24250305

Listed
$679,000
+11.68%

Schools & Community

Neighborhood: 

Magnolia Center

Elementary school: 

Pachappa

Middle school: 

Sierra

High school: 

Ramona

Community features: 

Curbs

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

$132,448
Asking price
$649,900
Closing costs (~8% of asking)
-$51,992
Est. remaining loan balance
-$465,460
Cash to seller
$132,448

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

$465,460

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: 02/25/2025 at 1:20 PM

Listing updated: 02/23/2025 at 4:09 PM

Listed by: SONIA OROZCO, SONIA OROZCO, RE/MAX CHAMPIONSRE/MAX CHAMPIONS Phone #: (909) 949-0605

MLS: CRMLS #IV25026358

CRMLS logo

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