tomo logo

$400,000

Beds
4
Baths
2.0
sq ft
1,274

550 E Wright St, Hemet, CA 92543

550 E Wright St

Hemet, CA 92543

  • 14 days on market
Great property for first time home buyers. Priced to sell. With no HOA. This 4bedrooms and 2baths single family residential is conveniently located near shopping centers and restaurants. Large lot. Lots of potential. Must see.

Details

Property type

Single Family Residence

Est. home value

$399,057

Lot size

6,534 sq ft

Price per sq ft

$314

Year built

1963

HOA

No

Price History

12/08/2024
CRMLS

CRMLS #PW24246272

Listed
$400,000
+25%
05/10/2021
SanDiego

SanDiego #210010246

Sold
$320,000

Schools & Community

Elementary school: 

Hemet

Middle school: 

Unknown

High school: 

Hemet

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

$131,968
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$236,032
Cash to seller
$131,968

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2021

Original loan amount

$255,000

Est. remaining balance

$236,032

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Duc Tay Ngo and Linh T Ho

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 7:05 AM

Listing updated: 12/10/2024 at 9:04 AM

Listed by: Quoc Vuong, Quoc K. Vuong, Broker Phone #: (714) 483-6169

MLS: CRMLS #PW24246272

CRMLS logo

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