tomo logo

$305,000

Beds
2
Baths
2.0
sq ft
1,005

6979 Palm Ct Unit 208B, Riverside, CA 92506

6979 Palm Ct Unit 208B

Riverside, CA 92506

  • 1 day on market
Welcome to this charming second-floor condo in a prime location. The unit features a spacious living room with a large balcony overlooking the sparkling pool and spa. Two bedrooms and two baths. Condo is in a gated community with an elevator for convenience. This unit is great for the first-time homebuyer or a couple looking to downsize. Community is centrally located near the 91FWY, Riverside Plaza, Tyler Mall, RCC, CBU, UCR, Riverside Community Hospital, Kaiser, Mt. Rubidoux, Mission Inn, and much more.

Details

Property type

Condominium

Est. home value

$310,853

Lot size

1,307 sq ft

Price per sq ft

$304

Year built

1959

Monthly HOA fee

$446.42

Price History

09/20/2024
CRMLS

CRMLS #CV24194168

Listed
$305,000
+9.91%
12/07/2021
CRMLS

CRMLS #CV21236206

Sold
$277,500
+46.44%
04/02/2019
CRMLS

CRMLS #EV18244007

Sold
$189,500
+31.6%

Schools & Community

Neighborhood: 

Magnolia Center

Elementary school: 

Madison

Middle school: 

Sierra

High school: 

Ramona

Community features: 

Pool, Gated, Suburban

High school district: 

Riverside Unified

Number of units in community: 

120

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

$34,019
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$246,581
Cash to seller
$34,019

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

November 2021

Original loan amount

$261,900

Est. remaining balance

$246,581

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Matthew Vazquez

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: 09/20/2024 at 10:50 PM

Listing updated: 09/20/2024 at 1:12 PM

Listed by: Laura Alba, KW VISION Phone #: (909) 628-9100

MLS: CRMLS #CV24194168

CRMLS logo

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