tomo logo

$565,000

Beds
3
Baths
1.75
sq ft
1,342

29180 Ocotillo Dr, Lake Elsinore, CA 92530

29180 Ocotillo Dr

Lake Elsinore, CA 92530

  • 163 days on market
    • Price drop $5,000↓
Very nice, clean property, with pretty yard in front and back. Good size bedrooms, spacious Kitchen, Dining Area and Living Room. Close to schools, parks, shopping and recreation areas. Excellent area for children and parents to enjoy the outdoors, All appliances are new and negotiable.

Details

Property type

Single Family Residence

Est. home value

$543,469

Lot size

4,792 sq ft

Price per sq ft

$422

Year built

2003

Monthly HOA fee

$130

Price History

08/14/2024
CRMLS

CRMLS #CV24142896

Price change
$565,000
-0.88%
07/12/2024
CRMLS

CRMLS #CV24142896

Listed
$570,000
+16.33%
12/04/2021
CRMLS

CRMLS #PW21232562

Sold
$490,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Lake, Park

High school district: 

Riverside 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

$71,243
Asking price
$565,000
Closing costs (~8% of asking)
-$45,200
Est. remaining loan balance
-$448,557
Cash to seller
$71,243

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

November 2021

Original loan amount

$481,124

Est. remaining balance

$448,557

Interest rate

2.88%

Loan type

FHA, 30 year

Seller

Jonathan Hector Vega and Brenda Acosta

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?

Similar Homes Nearby

Price drop
CRMLS
$519,900
3 bd
|
2 ba
|
1,283 sq ft
|
House

33189 Pederson St, Lake Elsinore, CA 92530

Price drop
CRMLS
$639,900
3 bd
|
2 ba
|
2,270 sq ft
|
House

53004 Alba St, Lake Elsinore, CA 92532

CRMLS
$535,000
3 bd
|
2 ba
|
1,285 sq ft
|
House

33100 Turner St, Lake Elsinore, CA 92530

Status: Active

Tomo last checked: 12/22/2024 at 2:30 AM

Listing updated: 12/04/2024 at 7:45 PM

Listed by: Helen Prado, EL SOL REAL ESTATE Phone #: (626) 858-6266

MLS: CRMLS #CV24142896

CRMLS logo

Recently listed in Lake Elsinore