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$579,000

Beds
2
Baths
2.0
sq ft
1,440

32767 Stoneman St, Lake Elsinore, CA 92530

32767 Stoneman St

Lake Elsinore, CA 92530

  • 33 days on market
Attention investors and developers – this is the opportunity you’ve been waiting for! Situated on 2.5 flat, fully usable acres, this property offers two separate street entrances, complete fencing, and dual gates for ultimate privacy and accessibility. The front portion of the land features a manufactured home on a permanent foundation with new flooring, along with a detached 3-car garage. With expansive zoning and a variety of potential uses, this property is perfect for subdivision or the development of multiple homes. The flexible layout allows for numerous possibilities, whether you’re looking to build a private compound, develop dual residences, or create a larger-scale project. Don't miss out on this exceptional opportunity to own a prime piece of land with limitless potential. Bring your ideas and make this unique property your own!

Details

Property type

Single Family Residence

Est. home value

$564,248

Lot size

2.5 acres

Price per sq ft

$403

Year built

1975

HOA

No

Price History

12/28/2024
CRMLS

CRMLS #TR24252980

Listed
$579,000
+33.1%
02/13/2024
CRMLS

CRMLS #SW24009715

Sold
$435,000
+1.16%
01/20/2024
CRMLS

CRMLS #SW24009715

Pending
$430,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

High school district: 

Lake Elsinore Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Village Capital & Investment Llc

Loan start date

August 2020

Original loan amount

$232,981

Est. remaining balance

$210,742

Interest rate

2.98%

Loan type

VA, 30 year

Seller

William R Palmer

Lender

Clearpath Lending

Loan start date

December 2019

Original loan amount

$231,200

Est. remaining balance

$207,839

Interest rate

3.75%

Loan type

VA, 30 year

Seller

William R Palmer

Lender

Loandepot.Com Llc

Loan start date

March 2019

Original loan amount

$225,194

Est. remaining balance

$201,327

Interest rate

4.45%

Loan type

VA, 30 year

Seller

William B Palmer

Lender

Countrywide Home Loans Inc

Loan start date

April 2005

Original loan amount

$56,600

Est. remaining balance

Not provided

Interest rate

5.22%

Loan type

Credit Line (Revolving)

Seller

William R Palmer

Lender

Washington Mutual Bank Fa

Loan start date

September 2003

Original loan amount

$20,000

Est. remaining balance

Not provided

Interest rate

6.34%

Loan type

Not Provided

Seller

William R Palmer

Lender

Temecula Valley Bank National Assn

Loan start date

November 2002

Original loan amount

$195,000

Est. remaining balance

Not provided

Interest rate

4.62%

Loan type

Not Provided, 30 year

Seller

William R Palmer

Lender

Scme Mtg Bankers Inc

Loan start date

January 2002

Original loan amount

$186,079

Est. remaining balance

$79,261

Interest rate

6.51%

Loan type

FHA, 30 year

Seller

William R Palmer

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: 01/30/2025 at 12:35 AM

Listing updated: 01/23/2025 at 4:03 PM

Listed by: Ivy Lee, Homequest Real Estate Phone #: (909) 606-0888

MLS: CRMLS #TR24252980

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