tomo logo

$690,000

Beds
4
Baths
2.0
sq ft
2,318

31305 Sherman Rd, Menifee, CA 92584

31305 Sherman Rd

Menifee, CA 92584

  • 27 days on market
Welcome to this stunning property, where modern features meet timeless elegance. The home boasts a neutral color paint scheme that complements the inviting fireplace. The kitchen is a chef's dream, complete with all stainless steel appliances, a striking accent backsplash and a center island for added workspace. The primary bathroom is a sanctuary with double sinks, a separate tub, and shower. Enjoy outdoor living with a covered patio in the fenced-in backyard. Recent upgrades include partial flooring replacement. This property is a must-see for those seeking a stylish and comfortable home.

Details

Property type

Single Family Residence

Est. home value

$624,884

Lot size

7,405 sq ft

Price per sq ft

$298

Year built

2008

Monthly HOA fee

$75

Price History

11/25/2024
CRMLS

CRMLS #IV24239938

Listed
$690,000
+31.43%
01/27/2022
CRMLS

CRMLS #IV21255756

Sold
$525,000
+23.56%
12/09/2019
CRMLS

CRMLS #SW19249404

Sold
$424,900

Schools & Community

Elementary school: 

Morrison

Middle school: 

Menifee Valley

High school: 

Paloma Valley

Community features: 

Sidewalks

High school district: 

Perris Union High

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

$141,229
Asking price
$690,000
Closing costs (~8% of asking)
-$55,200
Est. remaining loan balance
-$493,571
Cash to seller
$141,229

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

Seller’s Loan History

Lender

Panorama Mortgage Group

Loan start date

January 2022

Original loan amount

$525,000

Est. remaining balance

$493,571

Interest rate

3.1%

Loan type

VA, 30 year

Seller

Michael Ray Williams Jr and Deanna Ali Plunkett Williams

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: 12/22/2024 at 2:35 AM

Listing updated: 12/20/2024 at 2:04 PM

Listed by: MELISSA WESTFALL, OPENDOOR BROKERAGE INC. Phone #: (480) 462-5392

MLS: CRMLS #IV24239938

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