tomo logo

$849,999

Beds
4
Baths
3.5
sq ft
3,393

1170 N Palm Ave, Hemet, CA 92543

1170 N Palm Ave

Hemet, CA 92543

  • 11 days on market
A rare chance to own a custom single-level home on 2.24 acres of flat, usable land. Be sure to explore the 3D virtual tour link, which also includes the floorplan of the home. This expansive gated property offers limitless potential with a plethora of income-generating possibilities. Whether you’re thinking of constructing a personalized ADU, providing RV parking and storage facilities, or transforming it into a prime horse property, the options are endless. The lot is well-equipped with 3 RV cleanouts, electrical power in the rear lot, 8 water spigots, 4 gates for rear access, a greenhouse, 2 sheds, and a private gated entry. Stepping into the foyer, you’re greeted by 10-foot ceilings that extend throughout the home. The open and bright formal living and dining spaces welcome you warmly. The home’s layout seamlessly integrates the kitchen, family room, and casual dining area, creating a spacious and comfortable environment. The kitchen features granite countertops, custom cabinetry, a walk-in pantry, a kitchen island with a utility sink, and an oversized counter for bar stool seating. The family room is generous, featuring a fireplace and mountain views. This home includes 4 spacious bedrooms, 3 full bathrooms, and 1 guest bathroom. The primary suite is luxurious, with a dual fireplace, 2 large walk-in closets, a glass slider door leading to the backyard, and a private retreat. The primary bathroom includes dual sinks, a jetted jacuzzi tub, and a huge custom walk-in shower with dual shower heads. One bedroom has an en suite full bathroom, while two others share a Jack and Jill bathroom. All bedrooms have ceiling fans. Custom windows are found throughout the home. The backyard is an integral part of the home’s design, featuring an extended covered patio, a 40X50 patio slab with a gazebo, and stunning mountain views! The lot also includes fruit trees, palm trees, and a greenhouse. Additionally, this custom home features an oversized 3-car garage. This home is a MUST SEE with endless possibilities! Don’t forget to explore the 3D virtual tour link, which includes the home’s floor plan * Some photos have been virtually enhanced*

Details

Property type

Single Family Residence

Est. home value

$847,549

Lot size

2.24 acres

Price per sq ft

$251

Year built

2005

HOA

No

Price History

12/12/2024
CRMLS

CRMLS #SW24247813

Listed
$849,999
12/11/2024
CRMLS

CRMLS #SW24143126

Removed
$849,999
10/12/2024
CRMLS

CRMLS #SW24143126

Pending
$849,999

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks

High school district: 

Hemet 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

$584,767
Asking price
$849,999
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$197,232
Cash to seller
$584,767

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

Seller’s Loan History

Lender

Modern Mortgage Lending Inc

Loan start date

June 2022

Original loan amount

$225,000

Est. remaining balance

$197,232

Interest rate

4.52%

Loan type

VA, 15 year

Seller

Frank Charles Romano Jr and Linda Lee Romano

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?

Similar Homes Nearby

CRMLS
$799,000
2 bd
|
1.5 ba
|
1,257 sq ft
|
House

1410 Cottonwood Ave, San Jacinto, CA 92582

Status: Active

Tomo last checked: 12/23/2024 at 10:30 AM

Listing updated: 12/13/2024 at 11:30 AM

Listed by: Jennifer Zepeda, Allison James Estates & Homes Phone #: (888) 446-5552

MLS: CRMLS #SW24247813

CRMLS logo

Recently listed in Hemet

$374,500|3 bd|2.0 ba|House
$520,000|4 bd|2.0 ba|House
$477,359|3 bd|2.0 ba|House
$495,000|4 bd|2.0 ba|House
$260,000|2 bd|1.0 ba|House
$399,900|4 bd|2.0 ba|House
$247,000|2 bd|2.0 ba|Condo
$275,500|2 bd|2.0 ba|Manufactured
$474,888|4 bd|3.0 ba|House
$128,900|1 bd|1.0 ba|Manufactured
listing placeholder
images coming soon