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$1,685,000

Beds
3
Baths
2.0
sq ft
1,764

17786 Grand Ave, Lake Elsinore, CA 92530

17786 Grand Ave

Lake Elsinore, CA 92530

  • 5 days on market
Welcome to this beautifully updated lakefront property with breathtaking views of Lake Elsinore! This charming home is situated on a spacious 1.94-acre flat lot and features 3 bedrooms and 2 bathrooms, all recently refreshed with brand-new paint throughout. The cozy living room, complete with a warm fireplace, offers a perfect space to relax and enjoy the serene surroundings. With central air conditioning, you’ll stay comfortable year-round. The kitchen is equipped with brand-new appliances, including a dishwasher and oven, making it a perfect space for cooking and entertaining. Bathroom have been tastefully updated, ensuring modern comfort and style. Zoned for residential use with commercial potential, this property presents exciting development opportunities. With the possibility for multiple dwelling units per acre, the large lot allows for a variety of housing projects, making it an ideal investment for residential developers. Whether you're looking for a peaceful lakeside retreat or a prime spot for future development, this property offers endless possibilities in a highly desirable location. Don’t miss out on this rare opportunity!

Details

Property type

Single Family Residence

Est. home value

$984,089

Lot size

1.94 acres

Price per sq ft

$956

Year built

1940

HOA

No

Price History

01/25/2025
CRMLS

CRMLS #TR25018528

Listed
$1,685,000
+86.95%
05/16/2024
CRMLS

CRMLS #TR24025530

Sold
$901,300
-3.6%
04/02/2024
CRMLS

CRMLS #TR24025530

Pending
$935,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Lake

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

$1,527,330
Asking price
$1,685,000
Closing costs (~8% of asking)
-$134,800
Est. remaining loan balance
-$22,870
Cash to seller
$1,527,330

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

Seller’s Loan History

Lender

Wmc Mtg Corp

Loan start date

June 1997

Original loan amount

$117,000

Est. remaining balance

$22,870

Interest rate

8.16%

Loan type

Not Provided, 30 year

Seller

Gordon R Beam and Connie L Beam

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?

Status: Active

Tomo last checked: 01/30/2025 at 12:40 AM

Listing updated: 01/25/2025 at 6:14 PM

Listed by: Wen Feng, Pinnacle Real Estate Group Phone #: (626) 888-9808

MLS: CRMLS #TR25018528

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