tomo logo

$699,000

Beds
4
Baths
3.0
sq ft
2,442

29120 Tanoak, Lake Elsinore, CA 92530

29120 Tanoak

Lake Elsinore, CA 92530

  • 4 days on market
***HOME CURRENTLY TENANT OCCUPIED/ DO NOT GO DIRECT/ DO NOT DISTURB/ LEASED UNTIL DECEMBER*** Welcome to this stunning 4-bedroom single-story home that offers the perfect blend of modern upgrades and timeless charm. This turnkey home was built just 4 years ago and is loaded with premium features. The custom tile flooring mimics the warm look of wood while offering the durability of tile. This dream kitchen features an island, granite countertops, crisp white shaker cabinets, stainless steel appliances, and upgraded pendant lighting. The open-concept layout seamlessly connects the kitchen to the dining area and views the inviting living room with a cozy fireplace. The spacious primary bedroom has attached bathroom with dual sinks, white shaker cabinets, and a walk-in shower. Enjoy the convenience of a custom-built walk in closet for all your storage needs. There is plenty of room for everyone with 3 additional bedrooms, a full bathroom, and a guest bathroom. It is ideal for family, home office and providing space for guests. The backyard is an entertainer’s dream, complete with a patio cover, built-in BBQ, outdoor fireplace, and putting green – perfect for hosting friends and family. This home is energy efficient equipped with a Tesla solar system, ADT smart home technology, and a garage with built-in storage. Located in the highly desirable Summerly Community, residents enjoy access to a community pool, parks and splash pad for kids. Whether you’re looking for a family home or an investment property, this home checks all the boxes. Its modern design, upgraded features, and prime location near shopping, restaurants, as well as easy access to freeways. Don’t miss your chance to own this exceptional home in the vibrant Summerly Community! Contact Realtor for a private showing.

Details

Property type

Single Family Residence

Est. home value

$608,029

Lot size

6,395 sq ft

Price per sq ft

$287

Year built

2021

Monthly HOA fee

$129

Price History

01/22/2025
CRMLS

CRMLS #SW25015173

Listed
$699,000

Schools & Community

Elementary school: 

Williams

Middle school: 

David Brown

High school: 

Unknown

Community features: 

Pool, Park, Street Lights, 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

$287,425
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$355,655
Cash to seller
$287,425

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 Point Financial Corporation

Loan start date

August 2020

Original loan amount

$392,876

Est. remaining balance

$355,655

Interest rate

3.03%

Loan type

New Conventional, 30 year

Seller

Bruce J Sims and Vanessa Caddy

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: 01/27/2025 at 9:15 AM

Listing updated: 01/25/2025 at 7:47 PM

Listed by: Breanna Crider, Hallway Realty Phone #: (951) 553-0315

MLS: CRMLS #SW25015173

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