tomo logo

$895,000

Beds
5
Baths
3.0
sq ft
2,951

8430 Portland St, Riverside, CA 92508

8430 Portland St

Riverside, CA 92508

  • 108 days on market
(Find video in description) Located in the heart of the highly desired Orangecrest neighborhood, this stunning two-story single-family residence boasts 2,951 square feet of elegant living space, perfectly situated on a generous 7,841 square foot lot. With five spacious bedrooms and three well-appointed bathrooms, this home provides ample room for your family and guests. Enjoy the luxury of a private backyard oasis, complete with a sparkling pebble tec pool, ideal for relaxation and entertaining. The property is equipped with solar panels, offering both energy efficiency and cost savings. Step inside to discover a recently updated interior, highlighted by a modern kitchen that showcases a large quartz countertop island, sleek cabinets, and a charming farmhouse-style sink. The home also includes a dual AC system, ensuring year-round comfort. Recent exterior updates, including fresh paint and new shutters, enhance the home's curb appeal. The home features a thoughtfully designed floor plan, blending style and functionality. Expansive living areas, modern finishes, and abundant natural light create a warm and inviting atmosphere. A short distance from Orange Terrace Community Park you'll enjoy easy access to its array of amenities, including playgrounds, sports fields, picnic areas, library, splash pad, and more, enhancing your quality of life. Convenient access to shopping, top-rated schools, and 215 freeway. Don’t miss the opportunity to own this exceptional residence where comfort and convenience meet.

Details

Property type

Single Family Residence

Est. home value

$833,045

Property condition

Updated/Remodeled

Lot size

7,841 sq ft

Price per sq ft

$304

Year built

2004

Monthly HOA fee

$65

Price History

01/14/2025
CRMLS

CRMLS #CV24172252

Price change
$895,000
+1.7%
10/28/2024
CRMLS

CRMLS #CV24172252

Pending
$879,999
10/08/2024
CRMLS

CRMLS #CV24172252

Listed
$879,999
+15.79%

Schools & Community

Neighborhood: 

Orangecrest

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park, Street Lights, Sidewalks

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

$223,674
Asking price
$895,000
Closing costs (~8% of asking)
-$71,600
Est. remaining loan balance
-$599,726
Cash to seller
$223,674

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2021

Original loan amount

$646,000

Est. remaining balance

$599,726

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Alejandro Reynoso and Gabriela Reynoso

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: 01/23/2025 at 4:50 PM

Listing updated: 01/23/2025 at 4:09 PM

Listed by: Paul Fernandez, eXp Realty of Greater Los Angeles Phone #: (888) 652-1314

MLS: CRMLS #CV24172252

CRMLS logo

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