tomo logo

$640,000

Beds
5
Baths
3.0
sq ft
2,955

40992 Bankhall St, Lake Elsinore, CA 92532

40992 Bankhall St

Lake Elsinore, CA 92532

  • 82 days on market
    • Price drop $9,999↓
Welcome to this stunning 5-bedroom, 3.5 bathroom, 2 story home nestled in the picturesque community of Lake Elsinore. Step through the front porch entryway and discover high ceilings and abundant natural light flooding the space. The spacious family room, showcases an inviting fireplace, and flows directly into the gourmet kitchen. Along with running granite counters, the kitchen hosts a breakfast bar, center island, AND a breakfast nook. The master bedroom features a large walk in closet, a dual vanity, a soaking tub and a walk-in shower! In addition to the awesome on sight amenities, this home is located just minutes from the fresh water oasis, Lake Elsinore.

Details

Property type

Single Family Residence

Est. home value

$647,324

Lot size

6,098 sq ft

Price per sq ft

$217

Year built

2012

Monthly HOA fee

$115

Price History

08/12/2024
CRMLS

CRMLS #PW24126954

Price change
$640,000
-1.54%
07/19/2024
CRMLS

CRMLS #PW24126954

Price change
$649,999
-4.41%
07/08/2024
CRMLS

CRMLS #PW24126954

Listed
$680,000
+17.38%

Schools & Community

Elementary school: 

Earl Warren

Middle school: 

Elsinore

High school: 

Temescal

Community features: 

Curbs, Lake, Street Lights, Sidewalks

High school district: 

Lake Elsinore 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

$58,407
Asking price
$640,000
Closing costs (~8% of asking)
-$51,200
Est. remaining loan balance
-$530,393
Cash to seller
$58,407

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

Seller’s Loan History

Lender

Golden Empire Mortgage Inc

Loan start date

January 2022

Original loan amount

$561,921

Est. remaining balance

$530,393

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Benjamin Daniel Gonzalez and Sarah Gonzalez

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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53196 Iceberg St, Lake Elsinore, CA 92532

Status: Active

Tomo last checked: 09/28/2024 at 7:15 AM

Listing updated: 09/28/2024 at 5:11 AM

Listed by: Joseph Jimenez, Century 21 Cornerstone Phone #: (562) 698-0348

MLS: CRMLS #PW24126954

CRMLS logo

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