tomo logo

$199,000

Beds
2
Baths
2.0
sq ft
1,344

38230 Lorenzo Ln, Hemet, CA 92544

38230 Lorenzo Ln

Hemet, CA 92544

  • 397 days on market
    • Price drop $51,000↓
Preppers delight far from the Maddening crowd. This 20.62 acre property is just outside the outskirts of Temecula and approximately 4.3 miles from paved Wilson Valley Rd. off Thomas Rd. Big bonus; there are two power pedestals in the sought after Anza Electric co-op area with high speed fiberoptic internet. Two AS IS mobile homes, an old rugged barn and shipping container. THIS IS A FIXER/PROJECT PROPERTY!! (Seller has never resided on or in subject property and has no personal information about the history or condition of the home. Seller will provide Well Certification with Licensed Well Contractor. Buyers to make their own inspections. Surrounding mountain views, LOTS of trails: Equestrian, biking, hiking, etc!!! Usable land with trees. It's a bug out place to make your place in the Sun. NO ! 433 foundation Important note ! New price reflects that seller will only provide well cert. All other inspections will be at cost of buyer. This is 4.5 miles of rough dirt rd. High clearance vehicles. Follow my directions or you will get lost. As of December 2024 Seller terms: Cash or with 50 % down seller will carry balance interest only 8% all due in 5 years

Details

Property type

Manufactured On Land

Est. home value

$214,603

Lot size

20.6 acres

Price per sq ft

$149

Year built

1976

HOA

No

Price History

10/03/2024
CRMLS

CRMLS #SW23215850

Price change
$199,000
-20.4%
11/23/2023
CRMLS

CRMLS #SW23215850

Listed
$250,000
+38.89%
06/30/2021
CRMLS

CRMLS #DW20242972

Sold
$180,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Hemet 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

Merit Mtg Services

Loan start date

July 2000

Original loan amount

$35,000

Est. remaining balance

$0

Interest rate

7.91%

Loan type

Not Provided, 15 year

Seller

David L Foster and Arleene G Foster

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?

Similar Homes Nearby

Price drop
CRMLS
$205,000
3 bd
|
2 ba
|
1,620 sq ft
|
Manufactured

38980 Lorenzo Ln, Hemet, CA 92544

Status: Active

Tomo last checked: 12/23/2024 at 6:55 PM

Listing updated: 12/21/2024 at 4:50 PM

Listed by: Chilli Ainsworth, HomeQuest Advantage Properties Phone #: (951) 763-1000

MLS: CRMLS #SW23215850

CRMLS logo

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