tomo logo

$699,000

Beds
5
Baths
3.0
sq ft
3,018

29069 Cedar Ter, Cedar Glen, CA 92321

29069 Cedar Ter

Cedar Glen, CA 92321

  • 98 days on market
    • Price drop $50,000↓
Charming property in the quiet area of Cedar Glen. Conveniently located to Lake Arrowhead shops and commuter friendly to the Inland Empire. Property is completely renovated and ready for rental income or just to leave full time in it. Main floor has a Primary bedroom with large closet. Property features large living room, dining area, large kitchen and 2 car garage. Garage has a handicap lift. Property has power generator, just in case, and two fireplaces. Back yard comes with a brand new outdoor Jacuzzi to enjoy and a barbecue area. Property is under surveillance camera that records and is accessible to the owner, directly. Property has lot more to offer, MUST SEE.

Details

Property type

Single Family Residence

Est. home value

$891,640

Lot size

7,640 sq ft

Price per sq ft

$232

Year built

1965

Price History

10/09/2024
CRMLS

CRMLS #P1-18936

Price change
$699,000
-6.68%
09/18/2024
CRMLS

CRMLS #P1-18936

Price change
$749,000
-6.26%
08/19/2024
CRMLS

CRMLS #P1-18936

Listed
$799,000
+88%

Schools & Community

Neighborhood: 

Cedar Glen

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fishing

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

$252,961
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$390,119
Cash to seller
$252,961

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

Seller’s Loan History

Lender

Genhome Mortgage Corporation

Loan start date

July 2021

Original loan amount

$420,481

Est. remaining balance

$390,119

Interest rate

2.99%

Loan type

FHA, 30 year

Seller

Lusine Melkonyan

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 9:35 PM

Listing updated: 10/18/2024 at 1:30 PM

Listed by: Hermine Temurian, Coldwell Banker Hallmark Realty Phone #: (818) 476-3104

MLS: CRMLS #P1-18936

CRMLS logo

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