tomo logo

$420,000

Beds
3
Baths
2.0
sq ft
1,176

40596 171st St E, Lancaster, CA 93535

40596 171st St E

Lancaster, CA 93535

  • 148 days on market
A promising property! A desert home with tenants already in place offers an immediate source of income, which is appealing for those looking to invest in real estate. The potential for becoming a landlord or putting in some TLC to improve the property is a great way to increase its value over time. Plus, having a spacious backyard for outdoor activities or RV parking adds even more appeal. And being close to stores while still enjoying a calm environment is a nice balance for residents. If you have any specific questions or need advice on this property, feel free to ask!

Details

Property type

Single Family Residence

Est. home value

$313,257

Lot size

0.6769 acres

Price per sq ft

$358

Year built

1979

Price History

04/24/2024
CRMLS

CRMLS #IV24082112

Listed
$420,000
+265.22%
12/02/2014
Antelope

Antelope #1411614

Sold
$115,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

High school district: 

Lancaster

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

$312,974
Asking price
$420,000
Closing costs (~8% of asking)
-$33,600
Est. remaining loan balance
-$73,426
Cash to seller
$312,974

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

November 2014

Original loan amount

$92,000

Est. remaining balance

$73,426

Interest rate

4.23%

Loan type

New Conventional, 30 year

Seller

Juan Espinoza Tovar

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
$389,900
3 bd
|
2 ba
|
1,143 sq ft
|
House

40225 174th St E, Palmdale, CA 93591

CRMLS
$405,000
3 bd
|
2 ba
|
1,304 sq ft
|
House

40526 176th St E, Lancaster, CA 93535

CRMLS
$399,990
3 bd
|
2 ba
|
1,119 sq ft
|
House

17761 Newmont Ave, Lancaster, CA 93535

Status: Active

Tomo last checked: 09/18/2024 at 6:15 PM

Listing updated: 08/21/2024 at 12:55 PM

Listed by: NORIS RUIZ, REALTY ONE GROUP EMPIRE Phone #: (760) 669-6445

MLS: CRMLS #IV24082112

CRMLS logo

Recently listed in Lancaster

$1,999,999|7 bd|5.0 ba|House
$580,000|4 bd|2.0 ba|House
$380,000|3 bd|1.75 ba|House
$380,000|3 bd|2.0 ba|House
$495,000|2 bd|1.0 ba|House
$425,000|3 bd|2.0 ba|House
$440,000|3 bd|2.0 ba|House
$165,500|3 bd|2.0 ba|Manufactured