tomo logo

$699,900

Beds
4
Baths
3.0
sq ft
2,177

885 Mallorca Ct, Riverside, CA 92501

885 Mallorca Ct

Riverside, CA 92501

  • 36 days on market
This beautifully maintained two-story home, built in 2016, features 4 bedrooms and 3 baths. The modern kitchen is equipped with stainless steel appliances. The main floor offers a bedroom with a walk-in closet and an adjacent bathroom with a shower. Upstairs, a spacious loft leads to three additional bedrooms. The master suite includes a large walk-in closet and a bathroom with a separate tub and shower. Located in a quiet cul-de-sac within a well-established neighborhood, this home boasts a landscaped front yard, a private backyard surrounded by brick walls, a side courtyard, and a covered patio for outdoor entertaining.

Details

Property type

Single Family Residence

Est. home value

$681,491

Lot size

8,712 sq ft

Price per sq ft

$322

Year built

2016

Monthly HOA fee

$113

Price History

10/14/2024
CRMLS

CRMLS #IV24211211

Listed
$699,900
+16.65%
09/01/2021
CRMLS

CRMLS #IV21167474

Sold
$600,000
+32.25%
01/23/2018
CRMLS

CRMLS #IV17239706

Sold
$453,672

Schools & Community

Neighborhood: 

Northside

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

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

$262,781
Asking price
$699,900
Closing costs (~8% of asking)
-$55,992
Est. remaining loan balance
-$381,127
Cash to seller
$262,781

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

Seller’s Loan History

Lender

Best Capital Funding

Loan start date

August 2021

Original loan amount

$410,000

Est. remaining balance

$381,127

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Alejandro Rubio and Nancy Cardona

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: 11/19/2024 at 5:20 AM

Listing updated: 11/04/2024 at 11:24 PM

Listed by: NATHEN GONZALEZ, SMART SELL REAL ESTATE Phone #: (909) 256-2560

MLS: CRMLS #IV24211211

CRMLS logo

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