tomo logo

$318,320

Beds
2
Baths
1.0
sq ft
864

16178 Live Oak St, Hesperia, CA 92345

16178 Live Oak St

Hesperia, CA 92345

  • 91 days on market
    • Price drop $27,680↓
Back on the market!!! Price Reduction!!! HUD Home! This charming 2-bedroom, 1-bathroom home offers 864 square feet of thoughtfully utilized space, perfect for those looking to make the most of every square foot. Step inside to find a cozy yet spacious layout with sunlit rooms and a warm, welcoming atmosphere. The kitchen and comfortable living areas make entertaining easy, while the backyards blank canvas can be turned into a space for relaxation or gardening. Conveniently located near town, this home blends affordability with convenience, making it a smart choice for first-time homeowners, downsizers, or investors looking for a solid rental opportunity. Schedule a tour today to see all the potential this lovely home holds!

Details

Property type

Single Family Residence

Est. home value

$353,151

Lot size

9,375 sq ft

Price per sq ft

$369

Year built

1987

HOA

No

Price History

01/04/2025
CRMLS

CRMLS #HD24224336

Listed
$318,320
12/25/2024
CRMLS

CRMLS #HD24224336

Pending
$318,320
12/20/2024
CRMLS

CRMLS #HD24224336

Price change
$318,320
-8%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Hesperia 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

$9,872
Asking price
$318,320
Closing costs (~8% of asking)
-$25,466
Est. remaining loan balance
-$282,982
Cash to seller
$9,872

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

June 2022

Original loan amount

$294,057

Est. remaining balance

$282,982

Interest rate

5.3%

Loan type

FHA, 30 year

Seller

Octavio Madrigal

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: 01/31/2025 at 4:00 AM

Listing updated: 01/23/2025 at 4:06 PM

Listed by: Kari Leon, Coldwell Banker Home Source Phone #: (760) 242-6000

MLS: CRMLS #HD24224336

CRMLS logo

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