tomo logo

$610,000

Beds
5
Baths
3.0
sq ft
2,437

27040 N Bay Ln, Menifee, CA 92585

27040 N Bay Ln

Menifee, CA 92585

  • 102 days on market
Menifee two-story home! Family and living room with an open-concept that includes the kitchen. Kitchen offers granite countertops. Main level contains bathroom and a bedroom. 2nd floor contains 4 bedrooms and 2 bathrooms. Spacious backyard ready for your touch. Garage is a tandem 3 car garage with entry from inside and outside the home making it easily accessible. Buyer to verify any and all information listed.

Details

Property type

Single Family Residence

Est. home value

$575,169

Lot size

7,841 sq ft

Price per sq ft

$251

Year built

2009

Monthly HOA fee

$76.5

Price History

03/23/2024
CRMLS

CRMLS #RS24058527

Listed
$610,000
03/05/2024
CRMLS

CRMLS #RS24007266

Removed
$610,000
01/23/2024
CRMLS

CRMLS #RS24007266

Listed
$610,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Sidewalks

High school district: 

Romoland

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

$397,914
Asking price
$610,000
Closing costs (~8% of asking)
-$48,800
Est. remaining loan balance
-$163,286
Cash to seller
$397,914

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

Seller’s Loan History

Lender

Financial Partners Cu

Loan start date

October 2019

Original loan amount

$222,000

Est. remaining balance

$163,286

Interest rate

3%

Loan type

New Conventional, 15 year

Seller

Gerardo Garcia

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: 07/03/2024 at 11:45 AM

Listing updated: 04/25/2024 at 8:20 AM

Listed by: Joel Gutierrez, Premier Wholesale Mortgage Phone #: (562) 331-8465

MLS: CRMLS #RS24058527

CRMLS logo

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