tomo logo

$549,000

Beds
2
Baths
1.5
sq ft
1,100

17070 Grand Ave, Lake Elsinore, CA 92530

17070 Grand Ave

Lake Elsinore, CA 92530

  • 26 days on market
REMODELED INSIDE AND OUT! Just off Grand ave, lake side, via access road, plenty of privacy with neighbors only on one side, ample parking for boats RVs or contractors, low water use / low maintenance yard, potential work from home business opportunity / and potential Adu. Dusk to dawn lighting all around for evening gatherings close to shopping, schools, parks and lake. Don’t miss this opportunity and this home has NO HOA!!!

Details

Property type

Single Family Residence

Est. home value

$404,520

Lot size

0.26 acres

Price per sq ft

$500

Year built

1920

HOA

No

Price History

01/04/2025
CRMLS

CRMLS #OC25001554

Listed
$549,000
-4.52%
12/21/2024
CRMLS

CRMLS #OC24232825

Removed
$575,000
11/12/2024
CRMLS

CRMLS #OC24232825

Listed
$575,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Lake, Sidewalks

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

$236,310
Asking price
$549,000
Closing costs (~8% of asking)
-$43,920
Est. remaining loan balance
-$268,770
Cash to seller
$236,310

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

March 2022

Original loan amount

$320,000

Est. remaining balance

$268,770

Interest rate

2.62%

Loan type

New Conventional, 15 year

Seller

Iris Li and Philip Haut

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: 01/30/2025 at 12:40 AM

Listing updated: 01/28/2025 at 6:24 PM

Listed by: Michael Armendariz, LW Realty, Inc. Phone #: (714) 372-2246

MLS: CRMLS #OC25001554

CRMLS logo

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