tomo logo

$619,888

Beds
2
Baths
1.5
sq ft
1,190

25885 Trabuco Rd Unit 200, Lake Forest, CA 92630

25885 Trabuco Rd Unit 200

Lake Forest, CA 92630

  • 20 days on market
    • Price drop $12↓
    • Open house Sep 14
Welcome to this light-filled, spacious two-bedroom, two-story condo in the charming Cedar Glen community. With an open-concept design, this home offers an airy and inviting atmosphere throughout. Upstairs, you’ll find two generously sized bedrooms with ample closet space, while the large living room downstairs is perfect for relaxing or entertaining. The first floor also features a remodeled half bath and a convenient storage closet. The updated kitchen boasts sleek modern cabinets, offering both style and functionality. This condo is a fantastic value in a well-maintained neighborhood, perfect for first-time buyers or those looking to downsize. Schedule a visit​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​​‌​‌​​​‌‌​ today!

Details

Property type

Condominium

Est. home value

$584,773

Lot size

Unknown

Price per sq ft

$521

Year built

1979

Monthly HOA fee

$525

Price History

09/11/2024
CRMLS

CRMLS #OC24175384

Price change
$619,888
08/24/2024
CRMLS

CRMLS #OC24175384

Listed
$619,900
+31.33%
09/21/2021
CRMLS

CRMLS #OC21178557

Sold
$472,000

Schools & Community

Elementary school: 

Glen Yermo

Middle school: 

Serano

High school: 

El Toro

Community features: 

Curbs, Street Lights

High school district: 

Saddleback Valley Unified

Number of units in community: 

321

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

$137,332
Asking price
$619,888
Closing costs (~8% of asking)
-$49,591
Est. remaining loan balance
-$432,965
Cash to seller
$137,332

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

August 2021

Original loan amount

$463,450

Est. remaining balance

$432,965

Interest rate

2.88%

Loan type

FHA, 30 year

Seller

Chad Morris and Mariana Enriquez

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: 09/13/2024 at 1:20 AM

Listing updated: 09/12/2024 at 1:21 PM

Listed by: Kevin Kent, Rise Realty Phone #: (866) 344-7473

MLS: CRMLS #OC24175384

CRMLS logo

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