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$225,000

Beds
2
Baths
2.0
sq ft
2,040

1400 Camino Real Cir, Hemet, CA 92543

1400 Camino Real Cir

Hemet, CA 92543

  • 39 days on market
    • Price drop $25,000↓
Huge senior home! No Space rent you own the land! Low property taxes! Low HOA! Located on a large corner lot in the Sierra Dawn North Senior Community. 2040 square feet, Open Floor Plan, Large stone fireplace, tall beam ceilings add to the cozy feel of the home. Breakfast nook with nice built-in cabinets, Formal dining/living room with built-ins. The large main bedroom with a walk-in closet, roomy master bathroom with soaking tub, separate shower and dual sinks. The additional bedroom has an attached bathroom that is also open to the family room. The separate laundry room has storage cabinets, countertop and a door to access the side yard. Galley style kitchen open to the family room. Formal living room and dining room with lots of windows and natural light. Covered car port, small fenced in space and two storage sheds with lights and power.

Details

Property type

Manufactured On Land

Est. home value

$275,837

Lot size

5,663 sq ft

Price per sq ft

$111

Year built

1989

Monthly HOA fee

$4.17

Price History

02/13/2025
CRMLS

CRMLS #SW25009458

Price change
$225,000
-10%
01/24/2025
CRMLS

CRMLS #SW25009458

Price change
$250,000
-13.79%
01/15/2025
CRMLS

CRMLS #SW25009458

Listed
$290,000
-8.66%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs

High school district: 

Hemet Unified

Senior community center: 

Yes

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

-$62,299
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$269,299
Cash to seller
-$62,299

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

Seller’s Loan History

Lender

Mcjab Inc

Loan start date

May 2023

Original loan amount

$274,999

Est. remaining balance

$269,299

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Raymond Lee and Joyce Lee

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: 02/23/2025 at 9:40 AM

Listing updated: 02/13/2025 at 5:10 PM

Listed by: Charles Ryan, Allison James Estates & Homes Phone #: (866) 463-5780

MLS: CRMLS #SW25009458

CRMLS logo

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