tomo logo

$455,000

Beds
2
Baths
1.0
sq ft
864

15465 Shadow Mountain Ln, Lake Elsinore, CA 92530

15465 Shadow Mountain Ln

Lake Elsinore, CA 92530

  • 7 days on market
Beautiful 2 bedroom, 1 bath home with additional garage conversion that can be used as extra bedroom or office (not permitted). Located in a quiet neighborhood with mountain views. This home offers an updated kitchen, newer bathroom, newer windows, indoor laundry and plenty of yard space with covered patio(s) front and back, perfect for entertaining and outdoor use. Completely fenced with lots of privacy. Minute distance to the Ortega highway, near schools, Outlets and Lauch Pointe to Lake itself.

Details

Property type

Single Family Residence

Est. home value

$419,704

Property condition

Updated/Remodeled

Lot size

4,792 sq ft

Price per sq ft

$527

Year built

1975

HOA

No

Price History

01/22/2025
CRMLS

CRMLS #OC25014496

Listed
$455,000
+18.18%
03/24/2022
CRMLS

CRMLS #PW22022865

Sold
$385,000
+67.39%
12/19/2019
CRMLS

CRMLS #SW19237629

Sold
$230,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

High school district: 

Lake Elsinore 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

$68,074
Asking price
$455,000
Closing costs (~8% of asking)
-$36,400
Est. remaining loan balance
-$350,526
Cash to seller
$68,074

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

February 2022

Original loan amount

$373,117

Est. remaining balance

$350,526

Interest rate

3.22%

Loan type

FHA, 30 year

Seller

Jose Miguel Hernandez Jr and Erika Hernandez

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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18186 Ballard Ave, Lake Elsinore, CA 92530

Status: Active

Tomo last checked: 01/28/2025 at 9:55 PM

Listing updated: 01/23/2025 at 4:00 PM

Listed by: Louis Atoui, Metropolitan Realty, Inc Phone #: (949) 232-5665

MLS: CRMLS #OC25014496

CRMLS logo

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