tomo logo

$407,000

Beds
3
Baths
2.0
sq ft
1,450

28505 Portsmouth Dr, Menifee, CA 92586

28505 Portsmouth Dr

Sun City, CA 92586

  • 159 days on market
    • Price drop $1,800↓
Explore the charm of this inviting 55+ single-story residence in Menifee, California. Boasting 3 bedrooms and 2 baths, this home harmoniously blends comfort and style. The open layout creates a seamless flow from the welcoming living spaces to the well-appointed kitchen. Enjoy the convenience of a single-story design, providing ease of access for all. The master suite offers a retreat with its private bath, two additional bedrooms provide flexibility for guests and a space for home office. Step outside to a tranquil backyard, perfect for relaxation. Located in a 55+ community, this home embraces a lifestyle of comfort and convenience.

Details

Property type

Single Family Residence

Est. home value

$410,794

Lot size

7,405 sq ft

Price per sq ft

$281

Year built

1966

Monthly HOA fee

$34.17

Price History

06/25/2024
CRMLS

CRMLS #IG24019276

Price change
$407,000
-0.44%
06/04/2024
CRMLS

CRMLS #IG24019276

Price change
$408,800
-0.02%
05/15/2024
CRMLS

CRMLS #IG24019276

Price change
$408,900
-0.02%

Schools & Community

Neighborhood: 

Sun City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

High school district: 

Menifee Union

Senior community center: 

Yes

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

$9,087
Asking price
$407,000
Closing costs (~8% of asking)
-$32,560
Est. remaining loan balance
-$365,353
Cash to seller
$9,087

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

Seller’s Loan History

Lender

Jmj Financial Group

Loan start date

November 2022

Original loan amount

$373,117

Est. remaining balance

$365,353

Interest rate

6.02%

Loan type

FHA, 30 year

Seller

Fredy Orlando Ramos and Genoveva Castro Ramos

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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26362 Ridgemoor Rd, Menifee, CA 92586

Status: Active

Tomo last checked: 07/05/2024 at 7:20 PM

Listing updated: 06/27/2024 at 8:33 PM

Listed by: Yessenia Patino, Mainstreet Realtors Phone #: (909) 373-2200

MLS: CRMLS #IG24019276

CRMLS logo

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