tomo logo

$589,000

Beds
4
Baths
2.0
sq ft
1,216

5406 Lewis Ave, Riverside, CA 92503

5406 Lewis Ave

Riverside, CA 92503

  • 29 days on market
    • Price drop $900↓
Discover this charming newly remodeled Riverside house for sale in a highly desirable area close to Tyler mall. This beautifully updated home features an open floor plan, new dual pane windows, providing energy efficiency and soundproofing and new roof. The fresh paint throughout offers a modern and stylish appeal, complemented by the brand new kitchen cabinets and countertops that are both functional and elegant. There is new flooring, contrast trim, light fixtures, ceiling fans, and recessed lighting throughout the 4 bedroom, 2 bathroom home. Both restrooms have been remodeled with new vanities, fixtures, and tiling. Situated on a spacious corner lot and provides ample space to unleash your creativity. Imagine a lush backyard oasis for entertaining or a functional workspace for your hobbies. The possibilities are endless! Don't miss the opportunity to make this your new home!

Details

Property type

Single Family Residence

Est. home value

$454,935

Lot size

7,841 sq ft

Price per sq ft

$485

Year built

1957

Price History

06/20/2024
CRMLS

CRMLS #OC24111607

Price change
$589,000
-0.15%
06/20/2024
CRMLS

CRMLS #OC24111607

Price change
$589,900
-1.52%
06/02/2024
CRMLS

CRMLS #OC24111607

Listed
$599,000
+42.62%

Schools & Community

Neighborhood: 

Arlanza

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

High school district: 

Alvord 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

$525,800
Asking price
$589,000
Closing costs (~8% of asking)
-$47,120
Est. remaining loan balance
-$16,080
Cash to seller
$525,800

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

Seller’s Loan History

Lender

Wells Fargo Home Mtg Inc

Loan start date

January 2002

Original loan amount

$34,884

Est. remaining balance

$16,080

Interest rate

6.75%

Loan type

Not Provided, 30 year

Seller

Joanna Velasquez

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: 07/01/2024 at 7:45 AM

Listing updated: 06/22/2024 at 5:01 PM

Listed by: Neeraj Sureen, Real Estate Palace Phone #: (866) 543-0380

MLS: CRMLS #OC24111607

CRMLS logo

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