tomo logo

$520,000

Beds
3
Baths
2.0
sq ft
1,472

18246 Brightman Ave, Lake Elsinore, CA 92530

18246 Brightman Ave

Lake Elsinore, CA 92530

  • 106 days on market
    • Price drop $10,000↓
THIS HOME FEATURES 3 BEDROOMS, 2 BATHS, A TWO-CAR GARAGE, ROOM FOR RV PARKING, AND BEAUTIFUL TILE ROOF. IN ADDITION, THIS HOME OFFERS A WELCOMING LIVING ROOM WITH A COZY FIREPLACE AND A KITCHEN THAT HAS BOTH AN EATING AREA AND A BREAKFAST BAR. TO BOOT, THERE IS A BONUS ROOM THAT CAN BE USED AS A DEN, OFFICE, OR A 4TH BEDROOM. STEP OUT FROM THE BONUS ROOM ONTO A SPACIOUS DECK THAT LEADS TO A PRIVATE BACKYARD THAT HAS BOTH A RUSTIC AND MODERN FEEL--MAKING IT PERFECT FOR OUTDOOR ENJOYMENT AND ENTERTAINMENT. AS IF THAT WAS NOT ENOUGH, BEING LOCATED IN THE COUNTRY CLUB HEIGHTS/LAKELAND VILLAGE NEIGHBORHOOD AND BEING JUST MINUTES AWAY FOR THE LAKE MAKES THIS HOME PERFECT FOR FIRST-TIME HOME BUYERS OR FOR ANYONE IN SEARCH OF A SECOND HOME OR INVESTMENT PROPERTY!! COME SEE THIS GREAT HOME FOR YOURSELF!!

Details

Property type

Single Family Residence

Est. home value

$473,568

Lot size

6,534 sq ft

Price per sq ft

$354

Year built

2004

HOA

No

Price History

12/07/2024
CRMLS

CRMLS #PW24212509

Price change
$520,000
-1.89%
10/13/2024
CRMLS

CRMLS #PW24212509

Listed
$530,000
+41.33%
03/15/2021
CRMLS

CRMLS #SW21000829

Sold
$375,000

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

$222,827
Asking price
$520,000
Closing costs (~8% of asking)
-$41,600
Est. remaining loan balance
-$255,573
Cash to seller
$222,827

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

Seller’s Loan History

Lender

Lending 3 Inc

Loan start date

January 2021

Original loan amount

$281,250

Est. remaining balance

$255,573

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Jose J Arce Aguilera and Ramona Arce

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: 01/26/2025 at 8:25 PM

Listing updated: 01/23/2025 at 4:07 PM

Listed by: Alma Martinez, T.N.G. Real Estate Consultants Phone #: (714) 987-3310

MLS: CRMLS #PW24212509

CRMLS logo

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