tomo logo

$319,999

Beds
2
Baths
2.0
sq ft
1,165

6979 Palm Ct Unit 329J, Riverside, CA 92506

6979 Palm Ct Unit 329J

Riverside, CA 92506

  • 20 days on market
    • Price drop $4,991↓
Welcome to this charming 2-bedroom, 2-bathroom condo in the highly desirable Magnolia Center of Riverside! This home is perfect for first-time buyers or those looking for an affordable yet well-located property in the Inland Empire. Enjoy stunning mountain views from your private deck, creating a peaceful retreat right at home. The community is packed with great amenities, including a pool and spa, a secure gated entrance, and underground assigned parking, with additional parking and storage units available. Convenience is key with this home! You’ll be less than three minutes from the 91 Expressway, making commuting a breeze, and just five minutes from Riverside Plaza, where you’ll find shopping, dining, and entertainment options.

Details

Property type

Condominium

Est. home value

$309,702

Lot size

1,307 sq ft

Price per sq ft

$275

Year built

1959

Monthly HOA fee

$402

Price History

04/02/2025
CRMLS

CRMLS #SW25050262

Price change
$319,999
-1.54%
03/26/2025
CRMLS

CRMLS #SW25050262

Price change
$324,990
03/13/2025
CRMLS

CRMLS #SW25050262

Listed
$324,999
+8.7%

Schools & Community

Neighborhood: 

Magnolia Center

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Sidewalks

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

-$4,069
Asking price
$319,999
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$298,468
Cash to seller
-$4,069

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

February 2023

Original loan amount

$305,877

Est. remaining balance

$298,468

Interest rate

6.48%

Loan type

VA, 30 year

Seller

Jesse Rodriguez

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: 04/02/2025 at 11:20 PM

Listing updated: 04/02/2025 at 2:45 PM

Listed by: Jonathan Hernandez, Real Brokerage Technologies Phone #: (619) 663-8680

MLS: CRMLS #SW25050262

CRMLS logo

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