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$388,000

Beds
2
Baths
1.0
sq ft
720

32950 Wildomar Rd, Lake Elsinore, CA 92530

32950 Wildomar Rd

Lake Elsinore, CA 92530

  • 3 days on market
    • Open house Jan 19
Come to see this single-family residence (It's not a manufactured home!) with a desirable location. It is close to Interstate 15 and less than a mile from the shopping center. The home is in a good school district. The huge lot offers great potential. There are many upgrades with two covered patios at the front and backyard. The front patio is newly built. The rear patio has a screen closure. The house has two bedrooms with one full bathroom and one 1/2 bathroom. There are 3 ceiling fans, one in each room. New split AC/heat unit. The washer and dryer are located in the backyard shed. The new EV charging outlet is inside the detached garage. There is a big potential investment to extend the main house and build an ADU in the backyard. Come to see this dream home, don't miss it!

Details

Property type

Single Family Residence

Est. home value

$406,292

Lot size

6,534 sq ft

Price per sq ft

$539

Year built

1946

HOA

No

Price History

01/11/2025
CRMLS

CRMLS #WS25007411

Listed
$388,000
+7.78%
04/05/2022
CRMLS

CRMLS #PW22013493

Sold
$360,000
+80.9%
12/21/2017
CRMLS

CRMLS #SW17224680

Sold
$199,000
+231.67%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

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

$33,426
Asking price
$388,000
Closing costs (~8% of asking)
-$31,040
Est. remaining loan balance
-$323,534
Cash to seller
$33,426

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

Seller’s Loan History

Lender

Bay Valley Mortgage Group

Loan start date

March 2022

Original loan amount

$342,000

Est. remaining balance

$323,534

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Rebecca Q Bao

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?

Status: Active

Tomo last checked: 01/14/2025 at 7:40 AM

Listing updated: 01/13/2025 at 6:30 PM

Listed by: XUEMEI SUN, Pinnacle Real Estate Group Phone #: (626) 888-9808

MLS: CRMLS #WS25007411

CRMLS logo

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