tomo logo

$655,000

Beds
3
Baths
2.0
sq ft
2,009

29112 Oak Grove Way, Lake Elsinore, CA 92530

29112 Oak Grove Way

Lake Elsinore, CA 92530

  • 2 days on market
Nestled in the desirable Running Deer Estates, this stunning 3-year-old home features the sought-after Decker floor plan by Richmond American Homes. This home offers modern comfort and breathtaking mountain views. Featuring 3 bedrooms and 2 baths, this home boasts an open floor plan with neutral tones, creating a bright and inviting atmosphere. The gourmet kitchen is a chef’s dream, complete with quartz countertops, a spacious center island, and a walk-in pantry. The primary suite provides a private retreat, with walk-in closet and soaking tub. The epoxy-finished garage adds durability and style. Enjoy paid-off solar, no HOA, and a backyard oasis with an above-ground pool and spa. A perfect blend of elegance and efficiency. Conveniently located just minutes from the 15 Freeway, this home offers easy access to shopping, dining, and commuting.

Details

Property type

Single Family Residence

Est. home value

$616,820

Lot size

7,566 sq ft

Price per sq ft

$327

Year built

2022

HOA

No

Price History

02/20/2025
CRMLS

CRMLS #IV25038403

Listed
$655,000
+8.95%
04/28/2023
CRMLS

CRMLS #EV23008145

Sold
$601,171

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Sidewalks

High school district: 

Lake Elsinore Unified

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

$81,465
Asking price
$655,000
Closing costs (~8% of asking)
-$52,400
Est. remaining loan balance
-$521,135
Cash to seller
$81,465

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

Seller’s Loan History

Lender

Home American Mortgage Corp

Loan start date

July 2022

Original loan amount

$541,053

Est. remaining balance

$521,135

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Margarita Lanier

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?

Status: Active

Tomo last checked: 02/22/2025 at 2:40 AM

Listing updated: 02/20/2025 at 7:04 PM

Listed by: CHERYL SMITH, Tower AgencyTower Agency Phone #: (951) 369-8002

MLS: CRMLS #IV25038403

CRMLS logo

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