tomo logo

$375,000

Beds
3
Baths
1.75
sq ft
1,182

40524 Mayberry Ave, Hemet, CA 92544

40524 Mayberry Ave

Hemet, CA 92544

  • 113 days on market
    • Price drop $20,000↓
PRICE REDUCTION!! Don’t miss out on this great opportunity, Come see this lovely 3 bedroom 2 bath plus bonus room! This home has tons of potential! Great area of Hemet surrounded by beautiful homes. It is definitely a must see, with a huge backyard with Mountain views in which you can possibly add an ADU or even expand the home. Entire interior of home was recently painted. Very spacious bedrooms all with a walk-in closet, Central A/C, Private laundry room, Bedrooms and bathrooms are a great size. There is even a basement for extra storage. Did I mention the one car garage and a storage shed plus a covered patio perfect for entertaining. Do not miss out on this home, it’s such a great opportunity!!

Details

Property type

Single Family Residence

Est. home value

$340,588

Lot size

7,405 sq ft

Price per sq ft

$318

Year built

1932

Price History

06/27/2024
CRMLS

CRMLS #DW24052469

Price change
$375,000
-5.06%
05/29/2024
CRMLS

CRMLS #DW24052469

Listed
$395,000
03/29/2024
CRMLS

CRMLS #DW24052469

Pending
$395,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Hemet 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

$172,634
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$172,366
Cash to seller
$172,634

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

Seller’s Loan History

Lender

Equity Prime Mortgage Llc

Loan start date

November 2020

Original loan amount

$187,200

Est. remaining balance

$172,366

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Jay P Brown

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

CRMLS
$425,000
3 bd
|
2 ba
|
1,310 sq ft
|
House

575 W Johnston Ave, Hemet, CA 92543

Price drop
CRMLS
$430,000
3 bd
|
2 ba
|
1,125 sq ft
|
House

41362 Torrey Pine Ct, Hemet, CA 92544

Price drop
CRMLS
$374,980
3 bd
|
2 ba
|
950 sq ft
|
House

415 N Santa Fe St, Hemet, CA 92543

Status: Active

Tomo last checked: 07/05/2024 at 6:35 PM

Listing updated: 06/27/2024 at 11:24 AM

Listed by: Terry Avendano, Elite Homes Realty Phone #: (714) 820-4030

MLS: CRMLS #DW24052469

CRMLS logo

Recently listed in Hemet

$649,000|3 bd|2.5 ba|House
$499,999|3 bd|2.5 ba|House
$629,900|5 bd|3.0 ba|House
$495,000|4 bd|3.0 ba|House
$179,900|2 bd|2.0 ba|Manufactured
$318,000|2 bd|2.0 ba|House
$99,000|2 bd|2.0 ba|Manufactured
$519,900|4 bd|2.0 ba|House
$489,000|3 bd|2.0 ba|House
$87,500|2 bd|2.0 ba|Manufactured