tomo logo

$599,500

Beds
4
Baths
2.5
sq ft
1,540

8786 Gael Ln, Riverside, CA 92503

8786 Gael Ln

Riverside, CA 92503

  • 10 days on market
Beautiful 4 bedroom 2.5 bath home located in the gated community of Chaumont in Riverside. As you enter the home you will be received by an open living and dinning room highlighted by a warm fireplace and entertainment unit. The kitchen features Granite countertops and Stainless steel appliances. On the second floor you will find the 4 bedrooms and 2 full bathrooms, shutters on the windows and ceiling fans throughout. The main bedroom has a private bathroom with dual sinks, bathtub, shower and a walk in closet, the laundry is conveniently located upstairs in the hallway. The 2 car garage is attached for easy entry to the home. There is additional guest parking in the community. The community features a swimming pool, spa and a park for the family to enjoy. This home in centrally located near shopping, Tyler Mall, Riverside Plaza, schools, Cal Baptist, RCC and UCR, hospitals and a short distance from The Mission Inn Hotel and Spa. This is a beautiful spacious home in a very nice community with low HOA dues.

Details

Property type

Single Family Residence

Est. home value

$574,551

Lot size

1,742 sq ft

Price per sq ft

$390

Year built

2006

Monthly HOA fee

$235

Price History

02/13/2025
CRMLS

CRMLS #IV25032896

Listed
$599,500
+34.81%
05/27/2021
CRMLS

CRMLS #IV21085465

Sold
$444,700

Schools & Community

Neighborhood: 

Presidential Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Park

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

$175,928
Asking price
$599,500
Closing costs (~8% of asking)
-$47,960
Est. remaining loan balance
-$375,612
Cash to seller
$175,928

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

May 2021

Original loan amount

$408,500

Est. remaining balance

$375,612

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Omar Abdul Majid and Asma Abdul Majid

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: 02/24/2025 at 1:15 AM

Listing updated: 02/23/2025 at 2:49 PM

Listed by: PATRICIA HERNANDEZ, BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTYBERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY Phone #: (951) 363-0002

MLS: CRMLS #IV25032896

CRMLS logo

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