tomo logo

$750,000

Beds
5
Baths
2.5
sq ft
1,604

622 W Main St, Riverside, CA 92507

622 W Main St

Riverside, CA 92507

  • 17 days on market
SAVVY BUYERS WANTED ! ** * HUGE HALF ACRE LOT / with PERMITTED 1,344 SQFT 2ND BUILDING. Utilities on 2nd Building include : Water / Water-Heater, Electricity, BlackWater plumbing (* ADU ?!? ) + MAIN HOME 5 BEDROOM 2.5 BATH HOME + 2 Car Attached Garage - with space to grow. PLUS, - RV HOOKUPS. Property Has SEPARATE GATED ENTRACE off Arliss Street. Live Close to Downtown, Restaurants, Night Life , Museums, etc, etc, but Located in Quiet Neighborhood. Plenty of Room to Grow. MODERN OPEN CONCEPT for ease in Decorating and Designing Living Spaces. ENTERTAINER'S DELIGHT. Excellent Investment Property for both Owner Occupied AND as Rental Property. EXTRA ORDINARY OPPORTUNITY FOR THE SAVVY BUYER.

Details

Property type

Single Family Residence

Est. home value

$632,055

Lot size

0.5 acres

Price per sq ft

$468

Year built

1971

Price History

09/19/2024
CRMLS

CRMLS #IG24191723

Listed
$750,000
+15.38%
10/31/2023
CRMLS

CRMLS #IV23159732

Sold
$650,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs

High school district: 

Colton 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

$57,563
Asking price
$750,000
Closing costs (~8% of asking)
-$60,000
Est. remaining loan balance
-$632,437
Cash to seller
$57,563

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

Seller’s Loan History

Lender

Geo Corp Inc

Loan start date

October 2023

Original loan amount

$638,226

Est. remaining balance

$632,437

Interest rate

7.12%

Loan type

FHA, 30 year

Seller

Uriel Ramirez Casarubias

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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7571 Wagon Trail Rd, Riverside, CA 92507

Status: Active

Tomo last checked: 10/06/2024 at 5:30 AM

Listing updated: 09/28/2024 at 10:25 AM

Listed by: Mario Gonzalez, Rise Realty Phone #: (866) 344-7473

MLS: CRMLS #IG24191723

CRMLS logo

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