tomo logo

$441,000

Beds
3
Baths
2.0
sq ft
1,685

40925 Malibar Ave, Hemet, CA 92544

40925 Malibar Ave

Hemet, CA 92544

  • 5 days on market
    • Open house Jan 25
Come tour your new home! This charming 3 bedroom, 2 bathroom home is located on a spacious CORNER LOT with RV parking. This home provides an open floor plan with large kitchen and update appliances. The master bedroom has plenty of room and a walk in closet. Enjoy privacy in your large backyard with an new vinyl fence! This home is located in an established neighborhood with NO HOA! This home is amazing potential and is conveniently located near schools, parks, shopping and more! Schedule your tour today!

Details

Property type

Single Family Residence

Est. home value

$466,091

Lot size

7,405 sq ft

Price per sq ft

$262

Year built

1987

HOA

No

Price History

01/17/2025
CRMLS

CRMLS #SW25012866

Listed
$441,000
-3.08%
04/08/2022
CRMLS

CRMLS #OC22022859

Sold
$455,000
+82%
04/27/2017
CRMLS

CRMLS #CV17023523

Sold
$250,000

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

-$18,326
Asking price
$441,000
Closing costs (~8% of asking)
-$35,280
Est. remaining loan balance
-$424,046
Cash to seller
-$18,326

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

April 2022

Original loan amount

$446,758

Est. remaining balance

$424,046

Interest rate

3.92%

Loan type

FHA, 30 year

Seller

Jacqueline Thomas and Andrew Rollins

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: 01/21/2025 at 5:05 PM

Listing updated: 01/21/2025 at 6:34 AM

Listed by: Nicole Hicks, eXp Realty of Greater LA, Inc. Phone #: (888) 652-1314

MLS: CRMLS #SW25012866

CRMLS logo

Recently listed in Hemet

$175,000|2 bd|2.0 ba|Manufactured
$550,000|6 bd|2.0 ba|House
$960,000|4 bd|3.5 ba|House
$561,000|4 bd|3.0 ba|House
$124,900|2 bd|2.0 ba|Manufactured
$799,818|5 bd|3.0 ba|House
$423,500|3 bd|2.0 ba|House
$439,000|3 bd|2.0 ba|House
$547,875|6 bd|2.5 ba|House
$385,000|2 bd|1.5 ba|House