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$225,000

Beds
2
Baths
1.0
sq ft
814

36131 Tate Ln, Lucerne Valley, CA 92356

36131 Tate Ln

Lucerne Valley, CA 92356

  • 75 days on market
    • Price drop $23,888↓
Fantastic 5-Acre Home Opportunity! This corner lot, facing three different streets, offers the potential to be legally subdivided into two separate 2.5-acre properties. Recent upgrades include: • New well pump (installed one year ago) • New roof, drywall, and paint • Oak wood ceilings and double-pane windows • Updated kitchen with granite countertops and new cabinets • Renovated bathroom • New water heater and main electrical panel Additionally, the property comes with brand new appliances, each with a one-year warranty through Lowe's. As a bonus, there's a “Grandfathered-In” trailer on the property. This trailer features two bedrooms, one full bathroom, a separate septic tank, and an electrical meter, making it a potential rental unit. While not included in the sale price, it offers added value, though it does require some work. The property also includes: • A small detached storage unit • A 40-ft trailer currently used for storage, with a pink slip in hand and up-to-date tags, ready for transfer at the DMV • Three kids' quad bikes, with ownership titles, perfect for enjoying the spacious lot Seller may carry a second.

Details

Property type

Single Family Residence

Lot size

5.0 acres

Price per sq ft

$277

Year built

1956

HOA

No

Price History

11/11/2024
CRMLS

CRMLS #OC24187747

Price change
$225,000
-9.6%
09/10/2024
CRMLS

CRMLS #OC24187747

Listed
$248,888
-0.04%
04/18/2024
CRMLS

CRMLS #IG24027432

Sold
$249,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Lucerne Valley 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

Veronica Newcomer

Loan start date

March 2024

Original loan amount

$120,425

Est. remaining balance

Not provided

Interest rate

Not provided

Loan type

New Conventional, 1 year

Seller

Patricia Osorio

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: 11/23/2024 at 5:50 PM

Listing updated: 11/10/2024 at 7:20 PM

Listed by: Roberto Muneton, eXp Realty of Greater Los Angeles, Inc. Phone #: (888) 584-9427

MLS: CRMLS #OC24187747

CRMLS logo

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