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$699,999

Beds
4
Baths
2.75
sq ft
2,441

5605 Elizabeth Lake Rd, Leona Valley, CA 93551

5605 Elizabeth Lake Rd

Leona Valley, CA 93551

  • 144 days on market
    • Price drop $25,001↓
Sellers are willing to consider buyer concessions up to $10,000.00 which the buyer can use towards their insurance, closing costs or loan costs. This beautiful view property is perfect for horses. A detached 2 car garage, barn with new roof and cement floor and the cutest functioning she-shed makes this property the perfect place to run your business. Not to mention a second office inside the home. A solar battery back-up keeps the home functioning in the event of a power outage. New windows were installed for better insulation and views. Bathrooms have been remodeled, the flooring is newer and so is the dishwasher. Enjoy the wide open feel of this beautiful living space built with surround-windows to capture the amazing views and peacefulness. 2 fireplaces keep you warm and a mini-split system for heat and cooling in the main house and the she-shed. Forced heat and evaporative cooling are also available. With the kitchen open to the huge living room, this is the place to entertain. A huge pantry completes this picture. Outside, enjoy the terraced gardens and many entertaining opportunities. The side yard has astroturf and beautiful views and the full-length front patio has the most amazing views. Assume the solar lease with less than $11,000 owed on the balance. This property qualifies for USDA financing. Please verify with your lender.

Details

Property type

Single Family Residence

Est. home value

$657,655

Lot size

9.18 acres

Price per sq ft

$287

Year built

1969

Price History

08/24/2024
Antelope

Antelope #24002735

Price change
$699,999
-3.45%
07/30/2024
Antelope

Antelope #24002735

Price change
$725,000
-3.2%
07/02/2024
Antelope

Antelope #24002735

Price change
$749,000
-3.35%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$228,111
Asking price
$699,999
Closing costs (~8% of asking)
-$56,000
Est. remaining loan balance
-$415,888
Cash to seller
$228,111

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

Seller’s Loan History

Lender

Augusta Financial Inc

Loan start date

May 2020

Original loan amount

$454,240

Est. remaining balance

$415,888

Interest rate

3.65%

Loan type

VA, 30 year

Seller

Jack M Hill and Michele Hill

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: 09/07/2024 at 5:15 PM

Listing updated: 09/04/2024 at 3:28 PM

Listed by: Joy Colovin, Berkshire Hathaway HomeServices Troth, REALTORS Phone #: (661) 948-4646

MLS: Antelope #24002735

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