tomo logo

$399,000

Beds
4
Baths
3.0
sq ft
1,650

500 Bahama Dr, Hemet, CA 92543

500 Bahama Dr

Hemet, CA 92543

  • 41 days on market
This beautiful 4 bedroom, 3 bath home is located in the desirable 55+ only gated community of Whispering Palms. This manufactured home is on a permanent foundation, comes fully furnished, and offers an opportunity for extra income. Live in the main house and rent out the back studio. Many amenities also come with the property; such as a pool, club house, BBQ area, an RV storage lot, and even the water bill, all included with the HOA.

Details

Property type

Manufactured On Land

Est. home value

$201,590

Lot size

4,356 sq ft

Price per sq ft

$242

Year built

2005

Monthly HOA fee

$180

Price History

11/11/2024
CRMLS

CRMLS #PW24231735

Listed
$399,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated

High school district: 

Hemet Unified

Senior community center: 

Yes

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

$186,861
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$180,219
Cash to seller
$186,861

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

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

July 2023

Original loan amount

$183,000

Est. remaining balance

$180,219

Interest rate

6.79%

Loan type

New Conventional, 30 year

Seller

Richard P Constantine and The Constantine Trust

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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Status: Active

Tomo last checked: 12/22/2024 at 12:55 PM

Listing updated: 12/05/2024 at 3:11 AM

Listed by: LuisFernando Suarez, Berkshire Hathaway HomeServices California Properties Phone #: (562) 943-7266

MLS: CRMLS #PW24231735

CRMLS logo

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