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$685,000

Beds
5
Baths
3.0
sq ft
2,630

31920 Cedarhill Ln, Lake Elsinore, CA 92532

31920 Cedarhill Ln

Lake Elsinore, CA 92532

  • 64 days on market
    • Price drop $14,000↓
Welcome to Canyon Hills. This 5 bedroom home is definitely a pride-of-ownership house, from the beautiful front lawn to the 180 degree panoramic view from the backyard. Immediately inside is the downstairs bedroom, and bath with an adjoining office. Formal dining on other side leads to the butler pantry. The kitchen is a chefs delight with all its counter space and cooking island, opening to a cozy breakfast nook, and the huge family room. You will delight in the decorators nooks. Upstairs master is huge, and privately located. The floor plan allows for an additional office space and total of 4 bedrooms upstairs as well as the indoor laundry. Backup battery, use of solar, a tandem 3 car garage plus an abundance of storage. This is a DETACHED single family house

Details

Property type

Single Family Residence

Est. home value

$637,213

Lot size

6,970 sq ft

Price per sq ft

$261

Year built

2003

Monthly HOA fee

$134

Price History

09/18/2024
CRMLS

CRMLS #CV24148390

Price change
$685,000
-2%
08/27/2024
CRMLS

CRMLS #CV24148390

Listed
$699,000
08/24/2024
CRMLS

CRMLS #CV24148390

Pending
$699,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

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

$209,736
Asking price
$685,000
Closing costs (~8% of asking)
-$54,800
Est. remaining loan balance
-$420,464
Cash to seller
$209,736

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

Seller’s Loan History

Lender

Golden Empire Mortgage Inc

Loan start date

June 2021

Original loan amount

$452,000

Est. remaining balance

$420,464

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Sue Yen Embden and Lindon Assaye

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: 09/28/2024 at 7:15 AM

Listing updated: 09/27/2024 at 5:31 PM

Listed by: Linda Clinton, CENTURY 21 PEAK Phone #: (909) 985-4600

MLS: CRMLS #CV24148390

CRMLS logo

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