tomo logo

$2,320,000

Beds
4
Baths
5.0
sq ft
5,734

7181 Miracle Mile, Riverside, CA 92506

7181 Miracle Mile

Riverside, CA 92506

  • 115 days on market
    • Price drop $100,000↓
Located within the exclusive estates of Hawarden Meadows of Overlook Parkway in one of the most exclusive areas of Riverside is this custom-built home. It stands as a testament to luxury, elegance, and unparalleled views. Set against the backdrop of majestic mountains and overlooking the sprawling cityscape, every detail of this residence has been meticulously crafted to embrace its natural surroundings while offering the epitome of modern living. Approximately 4,810 sq. ft for the Main House and Approximately 928 sq. ft. for the casita featuring a total of 5,724 sq. ft of living space. Main House is a 3 Large bedroom suites with walk-in closets and Custom etched glass french doors. Custom wood work through out this elegant home. Home office features striking wood beam ceiling, thoughtfully integrated built-in cabinets, and a commanding wood mantel fireplace. This workspace exudes warmth and sophistication, creating an environment conducive to productivity and creativity. This Custom home features 3 wood burning and 2 gas Fireplaces! Beautiful entertaining kitchen with large prep area with custom wood work throughout including Double Sided Gas fireplace. The master suite is a sanctuary of tranquility, boasting panoramic views of the mountains and city. A luxurious ensuite bathroom features a spa-like oasis, complete with a soaking spa tub, double sided fireplace, oversized shower, and dual vanities, providing the ultimate indulgence after a long day. Additional Casita measures.Approximately 928 sq. Ft Attached to the main residence through the garage, this charming casita offers a secluded retreat for guests or extended family members with its own private entrance and outdoor space, the casita provides the perfect blend of comfort and privacy, allowing visitors to relax and unwind in style. It features a bedroom, bathroom, and cozy living area. Back yard is a dream with 360 views of the city! Large rear courtyard with built-in custom barbecue, jetted spool (mini pool and spa) with waterfall. and a large Lounge area . The beautiful Home offers lush and well manicured landscaped all around. The iconic Riverside bell is featured throughout this property along with breathtaking views at sunset and sundown!

Details

Property type

Single Family Residence

Est. home value

$2,352,701

Lot size

2.03 acres

Price per sq ft

$405

Year built

2007

Monthly HOA fee

$98

Price History

06/19/2024
CRMLS

CRMLS #IV24045868

Price change
$2,320,000
-4.13%
05/30/2024
CRMLS

CRMLS #IV24045868

Price change
$2,420,000
-3.01%
04/19/2024
CRMLS

CRMLS #IV24045868

Price change
$2,495,000
-2.16%

Schools & Community

Neighborhood: 

Alessandro Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$444,698
Asking price
$2,320,000
Closing costs (~8% of asking)
-$185,600
Est. remaining loan balance
-$1,689,702
Cash to seller
$444,698

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

Seller’s Loan History

Lender

Nexera Holding Llc

Loan start date

January 2022

Original loan amount

$1,780,000

Est. remaining balance

$1,689,702

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Craig M Roth and Deborah Roth

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: 06/29/2024 at 5:00 AM

Listing updated: 06/18/2024 at 9:13 PM

Listed by: DANNY DELGADO, WESTCOE REALTORS INC Phone #: (951) 784-2500

MLS: CRMLS #IV24045868

CRMLS logo

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