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$229,900

Beds
3
Baths
2.0
sq ft
1,152

28261 Preakness Dr, Tehachapi, CA 93561

28261 Preakness Dr

Stallion Springs, CA 93561

  • 31 days on market
    • Price drop $9,750↓
A ranch-style starter home located in Stallion Springs amidst the rolling hills and oak-studded landscapes of California. Step outside to a private backyard surrounded by the Tehachapi mountains, an ideal retreat for those seeking a tranquil lifestyle, outdoor relaxation and serene beauty of Southern California. Nestled in the picturesque community of Stallion Springs, California, awaits a promising opportunity. A single-story 1,152 square foot house conveniently located close to town. A ranch-style home with three bedrooms and two bathrooms. This diamond in the rough offers the chance to create your dream haven in a tranquil and idyllic setting. A perfect starter home for a new familiy, young couple, investment income property, empty nester, house flipper, contractor or a second vacation home away from the big city (Los Angeles). This represents a chance to turn a house into a dream home for those with vision and a desire to personalize their living space. The potential of this property extends outdoors, where you'll find a spacious yard with endless possibilities. Whether you envision a lush garden, outdoor entertaining space, or a private retreat surrounded by Stallion Springs' natural beauty, this canvas awaits your creative touch for this fixer-upper. Stallion Springs is known for its friendly community, scenic surroundings, and outdoor recreation opportunities, making it an ideal place to put down roots. Plus, the nearby Stallion Springs General Store and equestrian facilities add to the charm of this location.

Details

Property type

Single Family Residence

Est. home value

$290,587

Property condition

Fixer

Lot size

0.3182 acres

Price per sq ft

$200

Year built

1986

HOA

No

Price History

11/13/2024
CRMLS

CRMLS #CV24202122

Price change
$229,900
-4.07%
11/02/2024
CRMLS

CRMLS #CV24202122

Pending
$239,650
10/28/2024
CRMLS

CRMLS #CV24202122

Price change
$239,650
-0.04%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Golf, Lake, Fishing, Park

High school district: 

Kern Union

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

$100,286
Asking price
$229,900
Closing costs (~8% of asking)
-$18,392
Est. remaining loan balance
-$111,222
Cash to seller
$100,286

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

Seller’s Loan History

Lender

Countrywide Bank Fsb

Loan start date

February 2008

Original loan amount

$168,000

Est. remaining balance

$111,222

Interest rate

6.17%

Loan type

Not Provided, 30 year

Seller

Kelly Snapp and Ada Snapp

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: 11/24/2024 at 12:40 AM

Listing updated: 11/12/2024 at 5:45 PM

Listed by: Mitchell Kasdin, HELPING HAND FINANCIAL GROUP Phone #: (626) 858-3310

MLS: CRMLS #CV24202122

CRMLS logo

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